Fund Accountant / Analyst
National Investments Company
Total years of experience :12 years, 1 Months
National Investments Company - Kuwait (Oct 2004 - Oct 2013)
Fund Accountant - Operations, Middle & back Office services
• Preparation of Net Asset Value of Equity Investment Funds -Islamic, Non-Islamic and Sharia compliant funds, finalizing the same with custodians on every month end.
• Coordinate with Fund Managers relating to fund operations, accounting, transaction settlement, reconciliation, reporting.
• Computation of Management Incentive Fees and other contractual expenses relating to the fund on periodic intervals.
• Preparation of Portfolio Position of Funds and daily performance reports approved by custodian.
• Using specialized portfolio management tools/software to monitor the Client accounts.
• Supervising/handling back office functions for recording daily transaction, purchase and sales of equities in funds.
• Carrying out Reconciliations of bank statements and custodian statements on daily basis.
• Ensuring that the investments made by the fund are in line with approved documented fund strategy and reporting deviations to management.
• Ensuring compliance with CMA & Central Bank regulations & Articles of Association regarding operation and management of funds and reporting violations if any to the management.
• Handling Corporate Actions and Investors Queries. Provide superior client service to the clients to cater to their needs and ensure client satisfaction at all time.
• Managing the Subscription and Redemption of units of equity funds and ensure that dividend payments, redemptions are calculated accurately and timely payment is done.
• Liaising with audit team for the procedural compliance.
• Valuation of investments based on accepted valuation models.
• Monitor all the pending violations and transactions, as well as the problems and the disputes that take place.
• Coordinate with custodians and brokers, the Head Operations and Settlements to provide prompt solutions.
• Handling and over viewing investments outside domicile
Financial Analyst
• Development, implementation, monitoring, analysis of operation processes pertaining to Investment Funds and Private Equity Transactions based on contracted schedules.
• Review company’s financial statements and preparing financial analysis reports.
• Carrying out due diligence analysis of the companies and find out the best potential investment.
• Usage of Comparative analysis and Ratios analysis techniques
Investment Advisor.
• Comparing fund performances with benchmark performances - analyzing the reasons for variances.
• Preparing the investment strategy models. Evaluate stocks whether to buy and sell using Investment valuation ratios and co-ordinate with dealers.
• Provide advice on investments to portfolio clients and Fund managers.
End user consultant
• Worked on configuring Investment Funds, Portfolio clients, Accounts modules.
• Assist the programmers in creating better software
• Provides project support throughout the project life cycle for implementing better software for the entire investment department.
Savana Corporation - Riyadh- Saudi Arabia - 2001 - 2003
Assistant Accountant
• Reconciles bank statements by comparing statements with general ledger, Petty cash management. Accounts payables & disbursements and Accounts receivable & collections
• Processes payments and documents such as invoices, journal vouchers, employee re-imbursements, and statements.
• Posts financial data to appropriate accounts in an automated accounting system, according to instructions.
• Assist in Preparation of Balance sheet and profit & Loss account.
Completed 3 years B.com(bachelor of Commerce) under University of Calicut.
Completed MBA (MASTER OF BUSINESS ADMINISTRATION),Under University of Madras Specialised in Finance. Subjects: Management Accounting, Corporate Finance,Financial Management, Security Analysis & Portfolio Management Projects Done: A study of Small Scale Industries with a special reference to the performance appraisal of an Information technology unit-under the supervision of Indian Overseas Bank
Completed 3 years B.com (bachelor of Commerce) under university of calicut.