Mohd. Manzar Nisar Siddique
Fund Accountant
Mumbai
Summary
Highly experienced Hedge Fund Accountant with over 10 years of expertise in hedge fund accounting, financial analysis, and operations. Proven track record of managing multiple client accounts, including large-scale and complex hedge funds. Adept at implementing and understanding intricate accounting standards and financial regulations. Committed to maintaining the highest professional and ethical standards.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Assistant Manager
Nexdigm Services
12.2023 - Current
- Posting and reviewing journal entries. Reconciling cash and bank accounts
- Calculation and invoicing of management fees and carried interest.
- Reviewing Bank and Holding reconciliations and resolving breaks
- Computation and reconciliation of NAV, checking income accruals, NAV movement
- Preparation and Maintenance of Investor
Allocations. - Preparing MIS required by client and sending investor/ distributor communication on regular basis
- Review and resolve differences on periodical (daily, monthly, quarterly, etc.) data reconciliations
- Calculate management fees, setup fees, compensatory contribution, NAV and IRR including waterfall calculation
- Responding to client inquiries and requests within defined TAT
- Develop/maintain robust review procedures around deliverables
- Responsibilities include processing daily deliverables in areas of pricing and P&L/performance reporting
- Handles Team of 10 Members
- Supervised day-to-day operations to meet performance, quality and service expectations
- Promoted teamwork within workplace by encouraging collaboration among staff members on various projects
Senior Fund Accountant
Citco Fund Services
01.2018 - Current
- Responsibilities include processing daily deliverables in the areas of pricing and P&L/performance reporting
- Posting and reviewing journal entries. Reconciling cash and bank accounts
- Calculating management fees, partner catch-up, carried interest and waterfall
- Contributing to monthly NAV process by performing Independent Price Verification (IPV) , and preparing month-end sign-off packages
- Investigate, communicate, and resolve valuation/P&L related issues with hedge fund clients
- Demonstrate ownership of assigned tasks and ensure timely completion, in line with service level agreements
- Liaise and collaborate with various other Citco departments such as Fund Accounting, Reconciliations, Client Integration, Market Data, Application Support, and other local/global management
- Pricing OTC product by using Bloomberg model
- Broker Mapping for new securities and maintaining the same
- Engage in team-wide initiatives, projects, new clients and new procedures as required by dynamic business conditions
- Achivement in the Company :Awarded as Employee of the month for June18.
Business Analyst
Hexagon Global Pvt Ltd.
02.2017 - 01.2018
- Develop gap analyses and migration plans to shift processes from existing infrastructure to newly designed infrastructure
- Prepare functional testing and UAT plans in consultation with Business users and often lead the testing efforts
- Ensure that testing issues are identified, tracked, reported on and resolved by development team in a timely manner
- Doing trade flow analysis
- An understanding of development lifecycle and methodologies
- Performing testing of application and documenting the bugs to resolve them
- Coordinating with the IT team to develop the required application
- Documenting business requirement specification (BRS)
- Gathering information and implementing ideas to automate and modernize systems
- Evaluating business processes and understanding the business requirements to develop IT solutions
- Working on SQL database and JIRA for issue tracking
- Project: ICICI PRU-Cash Management System
- ICICI PRU-Advisory
Analyst
Anived Portfolio Managers (iAlpha Enterprises)
05.2015 - 02.2017
- Responsible for managing the fund accounting operations
- Prepared the SOPs and process flow for the PMS operations, including IRR (XIRR) calculations, reporting to regulators, client on-boarding/off-boarding processes
- Single point of contact for custodian and fund accounting teams; and coordinating with external fund accounting and custody team for reconciliation
- Performing Trade, Cash and Holding reconciliation
- Handle trade processing, confirmation workflow and allocating trades in client portfolio based on the client's risk profile
- Tracking corporate action and making necessary changes in portfolio
- Calculating the clients returns, quarterly capital gains and perform benchmark return for performance fees and communicating the same with clients
- Prepare weekly, monthly portfolio appraisal reports for client communication and internal discussions
- Well versed with Bloomberg and ACE Equity
- Attend IPO meets and prepare key takeaways for internal consumption
- Analyze mutual fund data for benchmarking purpose
- Prepare regular presentations on market performance for fund manager's consumption
- Gathering and analyzing data from a variety of sources, including company reports, the internet, online databases like Bloomberg, FactSet, etc
- Understand relationship between Income Statement, Balance Sheet and Cash Flows
- Project: Pharma Sector Analysis
Education
MBA - Finance
Rizvi Management Institute
Mumbai 04.2001 -
Skills
Operations Management
Product and service knowledge
Employee Performance Evaluations
Project Management
Certification
2016 NCFM (Equity Derivatives Module)
Accomplishments
- Represented Mumbai at National Level-Hockey (13th National Sub-Junior Boy's, Bhopal 2007).
- Represented Companeroes in AGA KHAN Hockey Tournament 2011.
- Athletics Champion- MMK College (2010).
- Sportsman Of The Year- St.Andrew's School (2008).
Academiccredentials
- 2013-2015 MMS (Finance) from Rizvi Institute of Management Studies.
- 2010-2013 BMS (Finance) from R. D. National College of Arts& Commerce.
- 2010 HSC (Commerce) from MMK College of Commerce & Economics.
- 2008 SSC from St. Andrew's High School.
Timeline
Assistant Manager
Nexdigm Services
12.2023 - Current
Senior Fund Accountant
Citco Fund Services
01.2018 - Current
Business Analyst
Hexagon Global Pvt Ltd.
02.2017 - 01.2018
Analyst
Anived Portfolio Managers (iAlpha Enterprises)
05.2015 - 02.2017
MBA - Finance
Rizvi Management Institute
04.2001 -
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