operations manager
Kotak Mahindra Bank
Total years of experience :8 years, 5 Months
• Risk management of offshore (alternate investment funds) funds include ac.vi.es like:
• Performing ac.ve checks on daily basis for risk pertaining to funds if the funds are within
the guidelines and parameters set for each fund.
• Preparing a detailed risk report for internal and external breaches and sharing the same
with investor managers.
• Maintaining record of all the breaches and excep.ons for regulatory and audit purposes.
• Preparing risk parameter and guideline sheet for new funds and seBng up the same on
internal system and bloomberg terminal with help of technical team.
• Performing sector checks and ESG sustainaly.cs score checks for funds if within the crite-
ria.
• Computa.on of Net Asset Value (NAV) for offshore funds managed by Kotak Interna.onal includ-
ing ac.vi.es like:
• Passing necessary journal entries
• Computa.on of tax as per rules for offshore funds inves.ng into India • Expense accruals
• Computa.on and dissemina.on of informa.on with respect of performance of funds managed by Kotak Interna.onal
• Responding to investor queries on performance
• Assis.ng front office in prepara.on of investor presenta.on related to performance • Par.cipa.on in due diligence by prospec.ve investors
• Prepara.on of presenta.on for internal reviews on fund performance (Investment Commilee)
• Upda.on of various interna.onal databases with respect to informa.on on fund performance,
holding, etc.
Responsible for the successful transition activities globally, including managing the wider EY teams (regional, local country, process owners, technology, GDS) and ensuring accountability towards adhering to timelines for filing of financial statements and corporate income tax.
Responsible for relationship building and ensuring that the transition activities in country is successful.
Accountable for driving standardised approach, and escalations to steering committees where necessary. Ensure all workstreams adhere to the agreed process to drive common approach across workstreams, countries and service delivery.
Provide insights from similar engagements to drive implementation, innovation and continuous improvements.
Reviewing the Global View Pack template which indicates the differences on tax computation and liaising the same to local EY team for any differences.
Understand the business and end-to-end compliance process and validate scope of work, Clarify country and entity specifications / exceptions.
Sign off on final scope and compliance timetable in order to commence the service delivery.
Manage, monitor and track the compliance process by Sending out and tracking the data of taxfiling. Making sure of filing of tax return is done on time by sending out reminders.
Monthly/Weekly calls with clients to provide the status updates.
Processing roll-forwards of the data from previous year to current year.
Tracking and updating the New clients information on the tool.
Identifying, escalating and resolving the service delivery issues.
Maintaining book of records on day today basis and recording the same in system.
Trading of agricultural products such as Onion, Potato, Sweet Potato and Jaggery in market on trading day (Wednesday and Saturday) and recording the same in system.
Maintaining the stock of products based on demand in the market.
Managing daily accounts for each buyer and seller and crosschecking the transactions for zero error.
Maintaining and closing of account receivable and account payable on monthly basis and sending reminder to concerned person for settlements.
Gathering all transactional data and sending it to chartered accountant for maintaining it further on monthly basis.
• Reviewing the NAV of the fund porpolio by processing and verifying the financial statements for accuracy and completeness.
• Monthly review of transac.on ac.vity incorpora.ng cash and Cap stock differences, outstanding receivables/payables, unrealised gain loss and corporate ac.ons. All to ensure that monthly val- ua.ons are in accordance with our clients service agreements.
• Reconciling Monthly Report and Trial Report for monthly funds as well for Cycle funds.
• Iden.fying and resolving the proof differences within the team and liaise with other depart-
ments.
• Performed audit of the financial statements and evaluate the NAV, confirm the reasonability of
the unrealized gains/losses recorded in the books of accounts on a monthly, quarterly and annu- al basis.
• Verifying Trial report is matching with Monthly report, i.e. Matching sub ledger values with gen- eral ledger.
• If resolu.on of the Proof differences is not in our scope then reaching out to appropriate teams and get them resolved in .mely manner and making sure the deliverables are met on .me.
• Responsible for the processing and support of complete, accurate, and timely valuation and financial statements for daily and monthly valued clients.
• Ensured income receivables and trade transactions have been accurately accounted.
• Identify and escalate substantial changes in pricing trend over two accounting periods.
• Processing Hedge Fund account valuation and financial reports as per client specifications.
• Giving the resolution of any problems that arise during the valuation processes, the communication of this information to all interested parties.
• Performed monthly reconciliation with the client’s investment manager’s portfolio and make inquiries for any discrepancies.
• Performed audit of the financial statements and evaluate the NAV, confirm the reasonability of the unrealized gains/losses recorded in the books of accounts on a monthly, quarterly and annual basis.
• Responsible in supporting institutional client relationships requiring the understanding of all standard client accounting and reporting requirements.
• Responsible to be able to answer all client processing, accounting, and reporting questions, either directly or through research with other functional areas, which require a solid understand of all functional groups that support CARS.
Live Projects: Did project STOCK FUTURES ANALYSIS AND PRICE MOVEMENT OF ICICI BANK FUTURES : Using Three months data prepared Daily Volatility to get General Volatility of Market, Calculated of 5-Day ROC (Oscillator), Calculated of Relative Strength Index (RSI), And Implemented 5-Day Moving Average Method . Advertising & Promotional Tactics of Sanghvi Builders & Developers. The study of performance appraisal process in the hospitality industry with special reference to the front line staff member. Did Thesis on topic “study of equity market and competitive analysis of stock brokerage houses.” Prepared “Rural Opportunity and Threat Analysis” on a village named as Sira near Tumakur , Karnataka Desk Projects: ➢ National economic planning presentation on topic should India's larger states be divided to smaller states for the better governance, For. ➢ Marketing of Country Sri Lanka as a tourist destination. SUMMER TRAINING DETAILS: Company: Starline Motor Industries Pvt. Ltd. Period of work: 60 days Job Profile: Accounting Assistant
Did project during my last semester of BCA on Inventory Management for a firm called Bhagwati Enterprise, Belgaum Organized State level IT fest "Virtual IT" in 2007 And IT +Management fest "CastelVinia" in 2008. ➢ Represented School At Zonal Level In Sports. ➢ Stood 3rd in Belgaum for NTSE. ➢ Winner of "ROCK ON" and "FACE OF THE YEAR" group dance competition.
