Vivek V. Desale
Mundhwa
Summary
Result-oriented private equity and mutual fund professional with over 10 years of expertise in fund accounting and analysis. Specializes in private equity, venture capital, real estate and fund of funds. I bring an extensive skill set to drive excellence in fund management. Working knowledge of Power BI and SQL for data analysis and visualization.
Overview
10
10
years of professional experience
Work History
Sr. Representative
BNY Mellon Operations
03.2022 - Current
- Maintaining books and records and calculating funds' Net Asset Values.
- Reviewing and preparing financial statements, and associated reports.
- Reviewing and calculating carried interest, performance, and incentive fees.
- Reviewing and preparing calculations and investor allocations for capital calls and distributions.
- Coordinating and processing payments, and other transactions.
- Supervising junior staff, reviewing, and signing off on work performed.
- Successfully migrated various processes and projects within stipulated deadlines, and as per requirements from higher management.
- Successfully automate daily processes with the help of Xceptor and GRX tools.
- Experience in the end-to-end process, which includes prompt research on recon breaks, booking and reviewing any variances, timely escalation, and ensuring to resolve the problems within deadlines with accuracy.
- Closely worked with the Tech team to automate a few tasks, and shared ideas to improve efficiency.
- Planning leaves within the team, scheduling, and managing the daily workflows of client deliverables within the team to ensure smooth operation.
Specialist
State Street HCL Services Pvt Ltd
02.2021 - 02.2022
- Maintaining books and records, and calculating fund Net Asset Values.
- Reviewing and preparing financial statements and associated reports, including performance metrics.
- Reviewing and calculating carried interest, performance, and incentive fees.
- Reviewing and preparing calculations and investor allocations for capital calls and distributions.
- Acting as a primary day-to-day contact with clients and other fund participants.
- Experience working in fund accounting, NAV calculation, and financial statement preparation of private equity, real estate, and hybrid funds.
- Experience in monitoring internal control systems, identifying weaknesses in key control areas, and presenting methods for improving internal controls and better management.
Analyst 5A
Rage Frameworks a Genpact Company
11.2017 - 02.2021
- Calculating and validating NAVs for UK-based mutual funds.
- Daily Cash, FXs, and Stock Reconciliation.
- Processing, validating, and monitoring expenses and incomes.
- Processing and validating unit deals (subscriptions and redemptions).
- Responsible for trade capture, trade booking, and validating trades for multiple clients.
- Validating the market value of the fund's portfolio and security pricing against multiple vendors.
- Exposure to work on new fund launches or migrations.
- Responsible for scheduling training sessions to provide updates to the team members.
- Responsible for providing training to new joiners.
Associate
State Street Syntel Services Pvt. Ltd.
01.2016 - 11.2017
- Fund Accounting Operations: This involves daily NAV generation, timely reporting to clients.
- Trades: Verify all the trades with a secondary data source, such as Bloomberg and Digital NASDAQ, as well as with the broker and investment manager trade ticket.
- Corporate Action: Verify corporate actions using the daily corporate action summary report received from the corporate action processing team, Bloomberg, and other data sources/backup provided by the client.
- Verify all dividend income.
- Saving and verifying working trials, pre-nav check.
- Monitoring internal control systems, identifying weaknesses in key control areas, and presenting methods for improving internal controls and better management.
- Won the Syntel Champ Award for excellent performance during the year.
Education
Master of Business Administration (MBA) -
Dr. D. Y. Patil Institute of Management
Pimpri, Maharashtra, IndiaBachelor of Commerce (B.com) -
Sanghavi Keshri College
Pune, Maharashtra, IndiaH.S.C (12th) -
Shri Mhalsakant College
Nigdi, Maharashtra, IndiaS.S.C (10th) -
Saraswati Vidyalaya Akurdi
Pune, Maharashtra, IndiaSkills
- Power BI
- Geneva
- Xceptor
- Investran
- InvestOne
- MCH
- Bloomberg
- DTCC
- GRX
Languages
- English
- Marathi
- Hindi
Personal Information
- Date of Birth: 12/11/89
- Marital Status: Married
Timeline
Sr. Representative
BNY Mellon Operations
03.2022 - Current
Specialist
State Street HCL Services Pvt Ltd
02.2021 - 02.2022
Analyst 5A
Rage Frameworks a Genpact Company
11.2017 - 02.2021
Associate
State Street Syntel Services Pvt. Ltd.
01.2016 - 11.2017
Master of Business Administration (MBA) -
Dr. D. Y. Patil Institute of Management
Bachelor of Commerce (B.com) -
Sanghavi Keshri College
H.S.C (12th) -
Shri Mhalsakant College
S.S.C (10th) -
Saraswati Vidyalaya Akurdi
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