If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.
00356675
SKILLS:
- Private Equity
- Financial Modelling
- MS Office
- Valuations
- DCF, Comparable Company Analysis(Multiplier)
- Financial statement Analysis and MIS Reporting
- XERO, VAT, AML, FATCA, K1’s, UK TAX
- CRM- E-front, Salesforce, Affinity, Monday.com
CAREER HISTORY:
August 2023 – Present
Investment Banking
Financial Reporting Consultant
- Oversee, review & sign off financial accounts and other reporting deliverables produced by another jurisdiction’s UT, OEIC, ACS, CAIF and Investment Trust. This will include sign-off of XD working papers, distribution rates and proofing of accounts to the required SORP and accounting standard.
- Communicate with other NT Departments, Trustees/Depositaries, Custodians, Auditors, and Clients (the Fund Management Companies to which NT provide a service), ensuring that they are more than satisfied at all times.
- Deliver a quality service to the clients and take the necessary corrective and preventative actions to ensure all KPI deadlines and quality standards are met.
- Support the development of the production jurisdiction and actively providing feedback on performance to local managers.
- Continually assess the oversight team’s processes to improve efficiency, reduce risk or cost, as well as assisting in the
- enhancement of revised departmental procedures for use as a training tool.
April 2022 – Present (Freelancing)
Investment Services
Fund Operation and Compliance Associate
- Managing the portfolios of limited partners and general partners, & private equity fund operations and compliance. VAT calculation and submission to HMRC, financial preparation for SPVs, funds, and parent companies.
- Valuation of Portfolio companies, i.e. collecting data from portfolio companies and external third party like Pitchbook and websites. Use of Multiplier and DCF method in calculating the portfolio companies valuation and NAV of the fund.
- Co-ordination with Alter Domus for administration work of fund and SPV, BDO for taxation and accounts review for Company, Fund and SPV, Managing AMC, capital calls from investors, Track AUM deployment
- Co-ordination with solicitors for FCA regulations and guidelines time to time.
- Assessed and Submission of FATCA and CRS to HMRC, ensures correct information is available on HRMS website related to Company, FUND and SPV.
- Ensure yearly confirmation statement filed to HMRC for company, Fund and SPV.
- Ensure preparing resolutions and agreements for transferring fund to asset companies.
- Calculations of fees, accruals, subsidies, and third-party invoices. Review, process, and analyse alternative investment trades, including subscriptions, redemptions, capital calls, distributions and transfers.
October 2022 – March 2023
Fund Administration Services
Senior Fund Accountant
- Bookkeep a complex range of funds, management companies and associated fund structures and liaise with clients and intermediaries as necessary. Preparing the Capital Account Statements for the individual investors and Fund.
- Complete all aspects of accounting matters for a portfolio of fund structures, including the preparation, reconciliation and proofing of investor reports, statutory financial statements like balance sheet, P&L CFS etc. using e front.
- Deal with the completion of routine audit queries and ad- hoc investor queries.
- Prepare periodic bank reconciliations and provide supporting documentation evidencing transactions.
- Maintain accurate records and Microsoft Excel working paper schedules for all aspects of accounting.
- Deal with the preparation and reconciliation of periodic direct and indirect tax returns.
- Act as a mentor to junior staff under the supervision of senior staff.
November 2021 – April 2022
Technology
Private Equity Client Associate
- Interaction with customers (mainly family offices and fiduciaries).
- Data/information about private assets (e.g., private equity) is incorporated into the reporting services.
- Liaising with clients to acquire data/information on Private Assets (e.g. Private Equity).
January 2020 – November 2021
Financial Services
Manager - Finance Compliance & Operations
- Developed new reporting model, MIS and guided planning/forecasting while overseeing all accounting and reporting. Define and implement the company's investor reporting and monthly MIS. Ensure the accuracy and completeness of Data Management of the Investors. Build a Online platform of Magic with the help of CTO, where we consolidated all the data for monthly MIS for Investors.
- Process onboarding applications - Verify customer information and conduct due diligence reviews (KYC and EDD) as part of on-boarding and ongoing account review policies. Closely work with Maple Group and Mauritius Entities in order to check the Investor KYC and Background Check. Compliance monitoring tasks for existing clients.
- Take charge of investor operations, website updates, compliance, bank and accountant coordination and regulatory requirements fulfilment. Opening of new entity in US and Bank account of that entity.
- Oversee customer service to ensure prompt responses to consumer inquiries. Technology improvements, as well as the reconciliation of all corporate bank accounts, client accounts, and Group company accounts, are all responsibilities. Monthly data reconciliation across all Tally, Salesforce, and internet platforms for proper investor reporting.
December 2017 – November 2019
Big 4
Senior Audit Assistant
March 2016 – March 2017
Financial Services
Industrial Trainee
September 2015 – March 2016
Banking
KYC Analyst
Education:
January 2018 - July 2023: Association of Certified Chartered Accountant
ACCA Qualified - (13/13)
January 2022- June 2023: Institute of Management Technology
Executive MBA
June 2011- June 2014: College
Bachelor of Commerce
June 2012- November 2013: Institute of Chartered Accountant
CA Inter
CERTIFICATES:
April 2021- May 2021
Certified AMK-KYC Compliance Officer, Vskills
April 2021- May 2021: University
Fintech Security & Regulation
February 2015 - June 2015
Certificate Program in International Banking Services & Operations, Stratadigm
January 2015 - March 2015: Institute of Financial Studies
Financial Modelling with Microsoft Excel Including VBA
References Available Upon Request
If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.
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