SHRUTI HAWALDAR
Associate Manager- Hedge Fund
Mumbai
Summary
Dedicated Fund Accountant with over 7 years of experience in asset management, excels in hedge fund reporting, NAV calculations, and client engagement. Playing a vital role in ensuring the accuracy, compliance, and integrity of financial data within the Global Fund Administration process. I have gained sound financial domain knowledge, trade life cycle, reconciliation, corporate action, advisory services, financial products like fixed income, equity, derivative, forward, future, also audit, access management and testing of application. Furthermore, I have an experience of team handling. I have been engaged in preprocess training and presentation. The next stage of my career is to align myself with a growing, professionally managed organization that help me to enhance my skills and knowledge.
Overview
7
7
years of professional experience
4
4
Certifications
Work History
Associate Manager
SS&C Globeop Financial Services
03.2025 - Current
- Managed a team of fund accountants handling full-cycle accounting for hedge fund clients, ensuring accuracy, compliance, and timely delivery.
- Reviewed NAV calculations and reconciliations, ensuring alignment with fund strategy and regulatory standards.
- Oversaw investor allocations and finalized investor reporting packages, maintaining transparency and accuracy.
- Validated complex fee structures, including hurdle rates, high-water marks, incentive fees, and management rebates.
- Conducted trial balance reviews and ensured integrity across general ledger accounts.
- Verified pricing sources including manager marks and third-party valuations to support fair value reporting.
- Reviewed and ensured correct processing of corporate actions and pricing events.
- Prepared audited financial statements and FIHI reports in accordance with GAAP/IFRS and fund requirements.
- Acted as primary contact for routine communications, managing email workflows and resolving client/auditor queries.
Senior Analyst- Hedge Fund
Northern Trust Operating Services
05.2022 - 10.2024
- Ensure the complete process of end-to-end NAV calculation on a daily basis.
- Compute and report the Net Asset Value (NAV) per unit, both daily and monthly.
- Collaborate with the onshore NAV team to ensure the NAV Pack is delivered to the client in a timely manner.
- Record and manage entries for performance and management fee transactions.
- Execute various reconciliation tasks, including cash, stock, market value assessments, and dividends and interest.
- Ensuring efficient and accurate trade processing, NAV review, corporate actions processing, pricing securities, and query handling for the funds.
- Reviewing funds on a daily basis, and assisting with all aspects of accounting for clients, including ad hoc queries.
- Weekly MIS reporting, SOPs, compilation of standard weekly and monthly financial statements, and income expense accruals.
- Proficient in conducting thorough monthly expense reviews, ensuring accurate recording and analysis of financial data.
- Review payments for operating expenses, period expenses, accruals, performance fees, and distributions.
- Recognized for identifying cost-saving opportunities, resulting in a reduction of errors by 20% in the previous fiscal year, 2024.
- Working closely with the team leader and section managers for onboarding new transitions.
- Contributing to process development and productivity, implementing new initiatives, and project.
Financial Analyst- Hedge Fund
Northern Trust Operating services
06.2020 - 04.2022
- Delivering accurate and timely production and reporting of NAV (Net Asset Value) on a daily basis.
- Perform the final computation and assessment of NAV.
- Ensuring efficient and accurate trade processing, NAV review, corporate actions processing, security valuation, and query handling for the funds.
- Reconciliation of FX, cash, and stock with respect to real-time and accounting.
- Responsible for booking trades, entries, and dividends on a daily basis.
- Have a good exposure to various fund structures, like Multi-Class, Multi-Currency, and Master-Feeder.
- Identify exceptions and problems affecting accounting breaks and prices, and get a resolution in an accurate method.
- Resolve accounting variances, and estimate monthly closing accruals.
- Maintaining relationships with Client Service, Oversight, auditors, and other fund participants.
Research Associate
Decimal Point Analytics Pvt Ltd
04.2018 - 03.2020
- Prepared and reviewed a report on the technical analysis of stocks, currencies, and commodities.
- Analysis of major currency pairs, indices, and commodities, tracking global macroeconomic events.
- Fundamental and Technical Analysis of Banking and Insurance, Oil, and Gas Sector.
- People management responsibilities include training, guiding, and managing teams.
- Gathering broker views on various bonds, currencies, and commodities through web search.
- Provided training and mentorship to junior financial analysts, enhancing team skill sets and performance.
Education
Master in Commerce - Research Methodology For Business
University of Pune
Bachelor In Commerce - Accounting & Costing
R.N.C Arts, J.D.BCommerce, N.S.C Science College
Skills
MS Office Suite
Advanced Excel
Advent Geneva
Subject Matter Expert
Time Management
People Management
Client management
Bloomberg
Certification
NISM - Mutual Funds
Accomplishments
- Recognition by Home location and senior management for timeliness
- Recognition by Indian Management for on-boarding new funds and giving training to new partners.
- Recognition for being part of new project Evolve.
- Awarded Exceptional Performer for the year 2023 for conducting smooth transition of the project Evolve.
- Beat my quarterly budget by a company-record 110% and received recognition by the Upper Management.
- Received CFA scholarship in 2021.
Timeline
Associate Manager
SS&C Globeop Financial Services
03.2025 - Current
Senior Analyst- Hedge Fund
Northern Trust Operating Services
05.2022 - 10.2024
Financial Analyst- Hedge Fund
Northern Trust Operating services
06.2020 - 04.2022
Research Associate
Decimal Point Analytics Pvt Ltd
04.2018 - 03.2020
Master in Commerce - Research Methodology For Business
University of Pune
Bachelor In Commerce - Accounting & Costing
R.N.C Arts, J.D.BCommerce, N.S.C Science College
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