Kishor Matere

Experience

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  Family Business

  Jun 2004 - Nov 2008

  Co-Owner

  Managing family business.

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  Patni Computer Systems Ltd

  Dec 2008 - Nov 2011

  Senior Executive (Hedge Fund Accounting and Financial Reporting)

  Growth Plan:Senior Executive - Apr 2010 - Nov 2011Executive - Dec 2008 - Mar 2010 Job responsibilities include (Senior Executive), • Supported one of the largest US-based Hedge Fund Administrator for calculation of accurate and timely NAVs on daily/weekly/monthly basis. • Reconciled Fixed Income, Equity fund records to custodian, transfer agent and portfolio groups. • Ensured accuracy of funds' trades, cash transactions and corporate actions and verified securities' prices to properly value portfolios. • Managed daily, weekly and month end NAV allocation closing process and calculated fees/expenses as well as provide an overview of the fund to the client. • Assisted in reviewing investor and month-end portfolio statements for completeness and accuracy.Job responsibilities include (Executive),• Supported one of the largest US-based Hedge Fund Administrator for preparation of Annual and Interim Financial Statements in accordance with US GAAP. • Working on different Hedge Fund structure includes- Master-Feeder, Standalone, Fund of Funds, Side Pockets, Multi -Currency, Multi-Manager, and Umbrella. • Preparation of Financial Statements includes- 1. Statement of Financial Conditions, 2. Statement of Operations, 3. Statement of Changes in Net Assets or Partners Capital, 4. Statement of Cash Flows, 5. Condensed Schedule of Investments and 6. Financial Highlights. Show less

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  Decimal Point Analytics

  May 2012 - Nov 2012

  Research Analyst (Hedge Fund Accounting)

  Job responsibilities include, • Ensured accuracy of funds' trades, cash transactions and corporate actions and verified securities' prices to properly value portfolios. • Researched and delivered specific client requests such as daily net asset value impact of late trades and reconciliation of portfolio holdings, helping division to surpass NAV accuracy goal of 99%. • Prepared reporting period requests such as general ledger revisions and audit reports. • Reconciled Fixed Income, Equity fund records to custodian, transfer agent and portfolio groups. • Analysed expenses and revenues. Coordinated and assisted auditors for periodic reports. Show less

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  BNY Mellon

  Nov 2012 - Sept 2017

  Process Lead (Private Equity/ Private Credit Fund Accounting Group)

  Growth Plan:Process Lead - May 2016 - Sep 2017Analyst - Nov 2012 - Apr 2016 Job responsibilities include, • Preparing capital call and distribution calculations in order, to facilitate capital funding requests from clients.• Preparing and reviewing fund operating expense accrual budgets, as well facilitate wire instructions for vendor expense payments.• Processing portfolio trade activity related to fund investments.• Preparing and reviewing a fund's cash and asset reconciliation.• Executing PNL allocations to Investors.• Preparing and reviewing management and performance fee calculations.• Coordinating the preparation of and reviewing investor notices and capital statements.• Facilitating audit engagements on behalf of clients. Show less

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  State Street

  Oct 2017 - Dec 2019

  Assistant Manager (Fund Accounting & Administration - Private Equity)

  Growth Plan:Assistant Manager - Apr 2019 - Dec 2019Team Leader - Oct 2017 - Mar 2019 Job responsibilities include, • Managing client relationships with both client personnel and fund investors.• Reviewing and/or preparation of quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations.• Review and/or preparation of capital calls and distributions, including notices and release merged documents.• Reviewing daily bank reconciliations and post journal entries.• Reviewing quarterly management fee calculations.• Review and/or preparation of waterfall and capital account allocations.• Review and/or preparation of various client related correspondence.• Coordination of annual audit and tax return preparation with Big 4 accounting firms.• Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers, and banking personnel. Show less

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  The Citco Group Limited

  Jan 2020 - Jan 2023

  Supervisor (Hedge Fund Accounting and Valuations, Profit & Loss)

  Job responsibilities include (Hedge Fund Accounting),• Preparation of Net Asset Value calculations, financial statements and associated reports for larger, complex clients, within deadlines.• Responsible for accurate verification of fee accruals in the accounting system in accordance with the PPM/agreed Fee Budget, preparation and monitoring expense budget analysis.• Responsible for calculation of performance/incentive fees in the NAV and their respective payment. • Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month-end.• Working closely with the (Senior)/Fund Accountants to manage timelines, workflows and deliverables within agreed SLA’s.• Assisting Assistant Vice President in meeting client expectations by monitoring timely delivery of daily, weekly and monthly deliverables.Job responsibilities include (Valuations, Profit & Loss), • Valuation of hedge fund portfolio holdings on daily/weekly/monthly basis.• Ensure all instruments are priced per valuation policy of the client and timely completion in line with SLAs.• Verify all instrument prices are in line with current market prices.• Investigate, communicate and resolve valuation/P&L related issues with hedge fund clients or another CITCO team.• Prepare IPV reports such as Profit and Loss, Valuation Analysis, stale price check and other related reports.• Review the work performed by the Fund Accountants and Senior Fund Accountants before sending sign-off to the relative parties. Show less

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  Apex Group Ltd (India Branch)

  Jan 2023 - May 2023

  Assistant Vice President – Level 2 (Hedge/ Mutual Fund Accounting)

  Job responsibilities include,• Responsible to review/prepare the NAVs of the Hedge/Mutual fund clients on a daily/Monthly basis.• Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. • Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. • Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees, performance/incentive fees, and financing accruals.• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions. Show less

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  SS&C Technologies

  Jun 2023 - now

  Manager (Fund Accounting - Private Equity/ Real Assets)

  Job responsibilities include,• Lead, mentor and motivate a team of 10+ PE fund accountants.• Review and test the control process on a regular basis to deliver the quality service to clients.• Create checklist for the process to ensure completeness, accuracy and timeliness.• Review and update the critical process documents on regular basis.• Interact with client service teams to ensure timely and accurate communication of relevant financial information to clients. Coordinate internal audits and follow up with responsible parties.• Prepare MIS reports for onshore and offshore management teams.• Leading and coordinating weekly/monthly management calls.• Ensure smooth transition of new clients and process.• Assist in resolving breaks and in preparation of cash projections or wires.• Assist in setting up of the Fund and its investments/AIVs/Partners in the system.• Calculate fees and prepare NAV pack.• Process capital calls and distributions; prepare waterfall file.• Prepare and issue Partners’ capital statement (PCAP).• Prepare of financial statements (FS) as per US GAAP/IFRS.• Handling audit / investors’ queries in timely manner.• Prepare ad hoc / customized reports for fund or investors. Show less