SENIOR FUND ACCOUNTING ANALYST & ASSISTANT MANAGER
Seeking a challenging role in a growth oriented organization Dynamic, young and energetic Assistant Manager with over 10 years of Accounting and Researching experience in International financial markets and exceptional understanding of international capital markets (Stock markets, mutual funds, hedge funds); Result-oriented decisive leader to maintain high quality standards to meet challenges of this fast paced, high turn industry; Persuasive communicator with exceptional relationship management skills with the ability to relate to people at any level of business and management; Adroit at analyzing the organization requirements; Tendency to thrive in dynamic and fluid environments while remaining pragmatic and focused; Highly ethical, trustworthy and discreet;
*Skilled in leading teams of diverse backgrounds to make sound business decisions based on analyses of short-and long-term business needs.
*Demonstrated ability to build new territories and expand opportunities towards the achievement of stated targets, to lead, motivate and provide effective guidance to perform at expected service standards;
Senior Fund Accounting Analyst & Assistant Manager02/2009 － 01/2016
Key Deliverables: NAV Analysis (US, European and Singapore Domicile Funds): Responsible for Analysis of NAV and validating various warnings and their impacts for various products like daily distribution funds (Municipal Bond Funds), Non Muni funds, Fund on Fund, Alternative Strategy Fund.
Validating the NAV impacting components like; portfolio trades, dividends, gain/loss on FX transactions, expenses, trade variances, various corporate actions.
Authorizing the share holder activity (Subscription and Redemption).
Analyzing of Cash, Interest, Cost and amortization recons and their impact on NAV.
Examining daily variances on Fund level and also the class level.
Involve in Materiality calculations for various activities like; late trades, manual entries processed in our systems and any material recons kept for cash, interest, cost and amortization and taking necessary actions and reporting to the respective line groups.
Analyzing various corporate actions like; cash dividend, stock dividend, and dividend re-investment, merger, exchange offer, bonus issue, and rights issue, spin off, and stock split.
Processing financial year ending for the funds and various activities on merger of funds.
Resolving the queries from the Fund Administration and Reporting (FAR) and post pricing queries.
Coordinating with the Corporate Action Team and Post Pricing Team.
Other Responsibilities: Conducting trainings for the team members on Corporate Actions, PIK and process enhancement.
Involve in the Coda close out and OneTis Synch Testing (Involve in Security Master Enhancement where we are trying to build a new "on demand" enquiry for the "security updates" which will bring down the number of notification we receive from the GLOBAL SECURITY MAINTEANCE GROUP) project for NAV process enhancement.
Providing feedback to my leader on team members and working closely on their development.
Handling new transitioned funds which include different domicile with higher complexities.
Take the role of my supervisor in absence of him and delivering the work on time with the accuracy.
Taking the ownership of resolving the errors and providing the probable solution to leader.
Supervise team's work and provide guidance to seniors & team in completing the daily work and in resolving any issues to ensure the timely release of NAV.
Exposed to various domicile funds - SICAV, US, CADAND funds.
Fixed Income & Controls - Responsibility: Ensuring that daily amortization accruals posted for fixed income securities are correct and as per applicable rules.
Scrubbing portfolio for fiscal funds and ensuring all fixed income securities are yielding reasonably as per the rules.
Performing yield analysis for Muni funds to determine if new securities purchased into a fund are generating a yield that is consistent with the initial trade yield.
01/2006 － 01/2016FRANKLIN TEMPLETON INVESTMENTS INTERNATIONAL SERVICES
Fund Accounting Analyst01/2006 － 01/2009Fund Accounting Dept
Key Deliverables: Cash and Income & Principle Reconciliation: Performing the 3 way reconciliation of cash between custodian and our system.
Reconciliation of various settlements between custodian and our system (trade settlement, dividend payments, spot contract, various types of corporate action etc.) Margin reconciliation for future trades and reconciliation of forward contract.
Researching and reconciling of pending settlements like trades, dividends, spot contract etc.
Querying with the custodian for resolving issues.
Interest, Cost and Amortization Reconciliation: Researching and reconciliation of interest for US, European and Singapore domicile funds, Cost and Amortization for US, European and Singapore domicile funds.
Researching for various types of corporate actions and taking necessary action for reconciliation of interest, cost and amortization.
Month End Reconciliation: Reconciliation of month ends like CRF (Cost Roll Forward), Daily Audit Guide, Monthly Audit Guide, Tax Reclaims and Dividend (Qualified Dividend Income) and New Jersey Funds (NJ Best).
Ensuring GAAP Guidelines are met in financial reports.