Birendra Kaparwan
Mumbai
Summary
Hardworking and motivated Fund Accounting professional with 9 years of experience and a proven track record of success in the private equity fund accounting industry. Skilled in balancing team performance with business objectives to drive operational efficiency. Experienced in overseeing financial reporting, NAV calculations, capital calls, and investor reporting for private equity and alternative investment funds. Dedicated to optimizing procedures and improving productivity through effective leadership, planning, and organization. Strong ability to manage fund operations, ensure regulatory compliance, and deliver accurate financial data in fast-paced environments.
Overview
10
10
years of professional experience
Work History
Manager
SS&C Globeop Financial Services India Pvt. Ltd.
04.2023 - Current
- Monitored staff performance and addressed issues
- Assigned tasks to associates to fit skill levels and maximize team performance
- Led team meetings and one-on-one coaching sessions to continuously improve performance
- Supporting the team in completing the day's deliverables
- Assessing every team member's task in order to offer the highest quality data with clients
- Addressing people's difficulties, worries, and leaves
- Handling a Team of eleven members which includes Associates, Sr.Associates
- Directed the maintenance of comprehensive books and records, overseeing accurate calculation of fund Net Asset Values (NAV) and ensuring financial integrity
- Led the coordination and review of financial statements and performance metrics for monthly and quarterly reporting, ensuring timely and accurate delivery
- Managed the calculation and review of carried interest, performance fees, and incentive fees, implementing best practices and ensuring compliance with fund agreements
- Supervised the coordination and review of investor allocations for capital calls, distributions, and equalizations, ensuring precision and adherence to fund policies
- Reviewing Capital call and Distribution notices
- Reviewing Partners capital statements (PCAP's)
- Coordinated with auditors and other participants to facilitate financial audits and compliance checks, ensuring adherence to regulatory and contractual obligations
- Reported to Director and Sr.Director, providing insights and recommendations to support organizational goals and decision-making
Associate Manager
SS&C Globeop Financial Services India Pvt. Ltd.
04.2022 - 03.2023
- Reconciled various accounts and reviewed reconciliations prepared by others
- Analyzed fund requests and managed fund distributions
- Prepared audit-related materials, performing numbers reconciliation alongside auditors
- Created balance sheets, income statements and documents listing partner and investor capital and performance returns
- Prepared client financial statements
- Studied the root cause of accounting discrepancies and provided corrective actions
- Gather banking transactions via statements, recorded activity in Excel format and reconciled balances
- Working on Capital calls, Distribution, Management Fee and Carry calculations
- Preparing Capital call and Distribution notices
- Reviewing Partners capital statements (PCAP's)
- Cross-trained employees, enabling completion of priority tasks during personnel absences
Senior Associate
SS&C Globeop Financial Services India Pvt. Ltd.
07.2019 - 03.2022
- Daily Cash booking is done for expenses, accruals, partner's capital and various fees
- Daily Cash reconciliation of accounting data with bank Statements
- Preparation of capital call and issue of notices to investors
- Distribution of income to investors and FOF investors and preparation of distribution notices
- Preparation of quarterly NAV and various reports like Balance Sheet, Statement of Operations, Trial Balance, Cash Recon and various ledgers as a support for NAV
Associate
Oracle Financial Services Software
07.2016 - 07.2019
- Reconciliation of Asset with Custody for various Client servicing activity
- NAV reconciliation with custody
- Various Custodian reports and Statement Downloads from NTRS, JPMC, SSB, BONY and MELLON
- Cash in and Cash out checking
- Unsettled transfer Reconciliation
- Accrued Income and expense checking
- Performing Positional reconciliation and NAV reconciliation against Bank files
Associate
State Street Syntel
11.2014 - 03.2016
- Measuring the performance returns of portfolios against the benchmarks set by the clients and creating the reports for the same
- Analyzing both daily and monthly returns with set benchmarks and ranking the security
- Corporate action processing like Exchange Offer, Spin off, Stock Split and Reverse Stock Split
- Conducted Analysis on discrepancies in valuation, prices, income, returns and benchmark of various financial instruments and resolving them
- Verification of data with various financial reports like Holding Report, Income Report, Purchase and Sale report
- Coordinating with various internal teams to ensure the proper Flow of the accounting and confirming the prices of securities on Bloomberg Terminal
- Handling all kinds of queries raised by the clients regarding the trade discrepancy, portfolio returns discrepancy, cash flow discrepancy
- Meeting the reporting deadlines on a daily, monthly and quarterly basis so that it doesn't impact the SLA of the process
Education
Bachelor - Commerce
Mumbai University
03.2013
Skills
- Private Equity
- Investor Reporting
- Fund Accounting
- Capital Calls
- Distribution
- Financial Statements
- Process Optimization
- Workflow Improvement
- Management Fees
- Waterfalls
- Private Equity Real Estate
- Team leadership
- Time management
- Decision-making
- Staff training and development
Accomplishments
- Syntel Champ, State Street Syntel
- Smile Award, Oracle Financial Services Software
- Star of the Month, SS&C GlobeOp Financial Services India Pvt. Ltd., 3
- Extra Mile, SS&C GlobeOp Financial Services India Pvt. Ltd., 1
Personal Information
Title: Assistant Vice President
Traininganddevelopment
CPCM Certificate Programme On Capital Market, NISM (National Institute of Securities Markets)
Timeline
Manager
SS&C Globeop Financial Services India Pvt. Ltd.
04.2023 - Current
Associate Manager
SS&C Globeop Financial Services India Pvt. Ltd.
04.2022 - 03.2023
Senior Associate
SS&C Globeop Financial Services India Pvt. Ltd.
07.2019 - 03.2022
Associate
Oracle Financial Services Software
07.2016 - 07.2019
Associate
State Street Syntel
11.2014 - 03.2016
Bachelor - Commerce
Mumbai University
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