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Yugandha Sawant


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Yugandha Sawant

  1. 1. EDUCATION YEAR DEGREE / CERTIFICATION INSTITUTE RESULT (%) 2015 Introduction to securities & Investment CISI (chartered Institute for Securities & Investment), London Pass 2014 MBA – Finance MET – Bandra 70.00 (4 sem. average) 2012 BMS - Finance Tolani college of commerce, University of Mumbai 71.92 2009 HSC Tolani college of commerce, Maharashtra Board 74.50 2007 SSC BVVM, Maharashtra Board 70.15 WORK EXPIRIENCE Currently Working:- Organization: Capita India Pvt. Ltd. Joining Date: 19 Feb 2015 Designation: Senior Fund Accountant Division: Capita Assets Services (CAS-FS) Working has Senior Fund Accountant in Reports and Accounts team for Fund solutions. • Provide Accounting solutions to Mutual Funds. Keeping the month end reconciliation as the base, finalisation of the accounts on a half yearly and annual basis which involves the below procedure – • Review the work done by the fund reconciliation team and check the outstanding income, trades, settled holdings, withholding tax reclaims & unit in issue counts with the trustee certificate. • Conduct calculation and analysis of various mutual funds’ Net Asset Value and Performance. • Preparing Capital and Income cash and explaining the variances if any. • Preparation of book cost reconciliation to arrive at actual Investment at cost of the fund as on Ex date. • Reviewing and reconciliation of Income & Expenses on regular Accrual Basis of the fund and cross checking with respective invoice and tax vouchers. • Accounting for Corporate Action like accrual of Dividend, Interest & Various Expenses of the fund. • Determination of tax liability. • Preparation of Financial Statement of Mutual Fund (Umbrella & Multi Manager Fund) viz Balance sheet, Income & Expenditure, Taxation & Notes to Accounts, Distribution table, Portfolio Statement to ensure correct distribution to unit holders. • Liaising with the Auditor for resolving different queries raised. • Preparation of income outstanding, tax reclaims holding, units in issue, etc. with the Trustee Reports and Ms. Yugandha V. Sawant. Senior Fund Accountant MBA (Finance) Date of Birth Correspondence Address E-mail Contact No. Marital Status : : 24/06/1991 : A2/607, Ascent Residency, Poonam Nagar, Mahakali Road, Andheri (E) Mumbai – 400093, India. : : 9819477385 Single
  2. 2. also reconciling with Fund Administration. • Taxable Income calculations for the purpose of Interim and final year end distributions Making of Trustee Depository reconciliation (TDR) Report- • Produce condensed Trustee/Depositary Reporting packs for Unit Trusts and OEICs • Reconciling the custody accounts for the period for which the Net Asset Value has to be calculated as per the fund prospectus. • Accruing income and expense along-with passing of necessary accounting entries for the period for which the Net Asset Value (NAV) is being determined as per the fund prospectus and client procedures. • Ensuring underlying holdings held by the portfolios under administration are correct. • Review of all the work done by other teams specially Fund admin team. If break is due to an erroneous or missing transaction in report then make necessary adjustments by posting Journal Entries. • Making detailed schedules for all expenses and Income and posting correct Journal entries to reclassify correct item in correct head in financial report. • Analysis of Balance sheet and Profit & Loss both for Capita and Income side. • Analysis if any large swings are there and saving backup for them. • Performing different reconciliations between system report (Investone) and trustee report. It includes Stock reconciliation and cash reconciliation. • Ensuring correct NAV is being published and identifying if any discrepancy. Organization: Capita India Pvt. Ltd. Joining Date: 19 Feb 2015 Designation: Senior Fund Administrator Division: Capita Assets Services (CAS-FS) Working has Senior Fund Administrator in Data Control Term for UK Mutual Funds. Asset Setup: • As a whole process we deliver NAV for Mutual Funds. • Responsible for the quality of static data (e.g. securities, funds, products) and support of data feeds. • Setting all type of new securities (Equity, Bond, Mutual Funds, Structured Product, Future, Options & etc.) and funds (OEICs, Life/Pension Funds, Hedge Funds) in live system on basis of request from client and corporate action team within agreed SLA. • Exacting and scrubbing data from Bloomberg and IDS (Interactive Data Source). • Solving complex problems, providing excellent data support services and coordinating with all sources and teams. • Perform root cause analysis of exceptions, liaising with Data Vendors and other internal staff to solve complex data issues. • Managing Data for more than 65000 securities. • Produce daily and monthly reporting to agreed timescales. • Monitor information quality in internal systems to ensure that SLAs are maintained, and any issues are fully investigated and resolved in a timely manner. • Assisting in training of new employees in the team. • Solving queries coming from all departments (NAV Calculation Team, Fund Accounting Team, Corporate Action Team & other teams) • Conducting daily team huddle. • Completing assigned projects in given deadline. Currently handling below projects- o Fair value disclosure policy (FVDP)
  3. 3. ACHIEVEMENT • Trainee of the Quarter Award, Capita Assets Services. • Star Performer of the Month (July-15 and Dec-15), Capita Assets Services. • Extra Miler-Individual (Quarter II-2016), Capita Assets Services. • Rated 2 - Highly effective for assessment year 2015. • Rated 1 - Outstanding for assessment first half of 2016. CO-CURRICULAR ACTIVITIES • Certificates and gold medal from kalaniketan child art institute Aurangabad, Maharashtra for all round art education programme (2004). • Certificates for Maharashtra state elementary & intermediate drawing exam (2005-06). ADDITIONAL INFORMATION • Certificates for getting first class in Tilak Maharashtra vidyapeeth, pune mathematics exam (2001) & Maharashtra dnyanpeeth mathematics exam (2001). • Computer skills: Microsoft Office, Advance Microsoft excel. • Hobbies include painting, drawing & Crafting. • Languages: English, Hindi, Marathi. I hereby affirm that the information in this document is accurate and true to the best of my knowledge. Yugandha Sawant