YASHANTH KS

• Presently working with JPMorgan Services India Pvt
• Ltd., Bangalore as AVP for Private Equity Business handling a team of 8 people for middle east clients

Private Equity- Is a middle office fund & portfolio accounting operations service provider which assists in booking of cash activities and valuations in the accounting books. It involves valuation of client’s portfolio reports every monthly & delivering performance reporting to Client on quarterly basis.

Roles & Responsibilities:

● Daily analysis of the GP notice related to Capital call & distribution, recording the same on the Portfolio accounting books (ICM/TIM)

● Recording of the valuation on quarter to quarter basis calculating the cash flows to ascertain the market value of the funds

● Reporting of the valuation movements and cash flow movements to client on monthly basis.

● Preparing the performance reporting analysis to Client on quarterly basis by benchmarking the indices.

● Analysis of the IRR movements on monthly basis.

● Weekly cash flow reporting to client to analyze the increase or decrease in the cash flows & reporting any discrepancy to clients.

• Communicated business concepts and expected functional behavior to developers and other stakeholders.
• Promoted and led performance enhancement culture by actively coaching and mentoring direct reports.
• Developed program to promote new managers from within, building and maintaining cohesive leadership structure.

Reconciliations for Private Equity accounts: Fund Accounting/Portfolio Accounting:

Roles & Responsibilities:

● Reconciliation of cash transactions/balances & stock position for all the fund accounting/portfolio accounting with the bank statements.

● Investigation of breaks, resolution of capital calls & distribution and been reported to client.

● Daily reporting of breaks to core accounting team and interacting with General partners for resolution of outstanding breaks.

● Scheduling weekly call with the onshore team which includes participation of Managing Director and Fund Accounting team to discuss issues, variances and achievements.

● Future Fund reconciliation for Capital Calls and Distribution activities with Northern Trust.

● On-Boarding of Private Equity Demand Deposit & Third Party accounts into TLM.

• Established open and professional relationships with team members to achieve quick resolutions for various issues.
• Assisted in recruitment to build team of top performers.
• Communicated KPIs outlined in annual plan to inform employees of expectations and deliverables.
• Promoted high standards through personal example to help each member understand expected behaviors and standards.

Previous Job Description: Team Member & Senior Team Member

Break Management Team for Dallas Reconciliation – (Cash/Asset Reconciliation)

● Financial Statement Review been made on monthly basis for Pension Funds client for Dallas Region.

● On a monthly basis review of Client Accounts to ensure both the Accounting and Custody books tally at month end, so that financial statements are released to client accurately without any delay.

● For any variances found following up with the Client Service team to get the variances resolved so that both books of accounts match at end of the month.

● Ensured the accuracy of the month-end closing process, performance calculations and client reporting by designing and implementing control procedures.

● Liaising with respective hubs(Income/COAC/Trades) to get the outstanding breaks resolved on timely basis.

● Reporting the status of outstanding breaks to Oversight team with the reason for the variances.

● Attending weekly call with Oversight team to discuss the status of outstanding breaks.

● Sending MIS/Weekly metrics to higher management

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• Worked scheduled shifts and remained available to work during coworker absences, holidays, and busy periods.
• Maintained productive, efficient approach to all tasks.
• Trained new team members by relaying information on company procedures and safety requirements.
• Kept work areas clean, organized, and safe to promote efficiency and team safety.