Mandeep "Manny" Singh

Experience

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  Gidha & Gidha INC

  Jan 2005 - Jan 2007

  Investment Consultant
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  State Street

  Jan 2007 - Jan 2010

  Associate II/ Fund Accountant
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  MSG LLC

  Sept 2010 - Nov 2014

  President/Founding Owner

  Composed/implemented detailed business plan within the confined budget and time constraints. Manage day-to-day operation including sales, marketing, and administration. Prepared profit/loss statements, balance sheets, and statement of cash flows. Conducted variance analysis on actual vs. budget, performed ratio analysis (both profitability and liquidity ratios). These analyses coupled with business acumen helped make decisions that benefited the bottom line.

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  Franklin Templeton

  Jan 2013 - Jan 2020

  While acting as Fund Administration & Oversight Supervisor for Franklin Templeton Rancho, my day-to-day responsibilities were to craft and deliver quarterly audit committee materials and performance reports to relevant parties. My robust interpersonal and communication skills enabled me to cultivate strong internal relationships with external vendors, legal, compliance, and product management. By liaising with third-party service providers, external auditors, and Audit Committee, I coordinated all audit activities. I play a vital role in enabling a smooth transition of overall functions with minimizing the impact on clients in close collaboration with JP Morgan. Furthermore, I tested reports/processes to attain desirable results, developed training materials, and provided effective training. I was accountable for steering end-to-end functions involved in fund distribution calculations and providing press releases.My signature achievements were the following:• Ensured compliance with accounting policies, evaluated new securities, and conducted complex transactions while preparing funds in collaboration with Fund Treasurer and Deputy Treasurer.• Addressed all aspects of funds' operations, SOX disclosure controls, and internal controls in financial reporting while preparing financial statements and regulatory filings.• Designed and executed key management controls within a risk-focused financial reporting model while managing complex financial reporting cycles. Show less In my role as a Supervisor, Investment Accounting, I researched and accurately recorded all factors impacting NAV by performing impact reviews for 45 funds. My strong proficiency in fund management assisted me to analyze fund of fund, master-feeder structure, daily distributing funds, money market funds, T-0 funds, fixed income funds, and complex mixed equity funds. Moreover, I was tasked with reviewing pricing exception reports, fund & class level hedge analysis, and periodic-distributing activities for all US funds. I resolved all discrepancies pertaining to the asset and cash reconciliation process.The following are my renowned contributions:• Delivered insights on term loans such as fees, corporate actions, processing, and new investments as SME.• Headed events, mergers, TIKS, RIKS, and fund/class closures of products as Fund Accounting/Services Lead.• Developed/presented test cases for system integration and analyzed results to attain a high-level of accuracy.• Created and implemented new workflows for monthly reinvestment of sweep fund while pinpointing and resolving all system-related errors.• Superintended high-performing team comprised of six Analysts and Senior Analysts to exceed performance metrics and targeted quotas. Show less For Franklin Templeton Rancho, I performed as a Senior Analyst, in Investment Accounting, and my responsibilities were to perform an in-depth review of cash and asset reconciliations on outstanding items provided by line groups for potential material impacts. I administered multiple security types processing during complex securities testing and manual solutions implementation. By drafting procedures for new security types and general ledger rules, I managed all investment activities. I was responsible for processing term loan-related activities by coordinating with Portfolio Managers.My key successes during this role were:• Optimized operational accuracy and efficiency through revamped dividend reinvestment process.• Recognized pain points, mitigated threats, and minimized risks by reviewing daily work procedures.• Evaluated daily income and dividend reinvestment for multiple mutual funds with the creation of macros.• Delivered proactive support to senior management in project completion and drafted workflow plans.• Completed product events such as Mergers, TIKS, RIKS, fund/class launches, and closures from inception.• Improved professional competencies and skillsets of employees by providing adequate workflow training. Show less I served as Nav Analyst and was accountable for enhancing the proficiency of the team in automated processes posting daily interest and accruing income for multiple funds through procedures and training. I conducted price variance analysis on options and future trades within five months period. By designing Excel workbooks aimed at driving compliance with SEC Section 18 requirements, I calculated fund obligations. I attained informal recognition for designing, testing, and compiling customized Excel spreadsheets for comparing NAV impacts for 10+ funds.Below are my notable accomplishments:• Spearheaded multiple projects from conception to completion and analyzed trade data for funds.• Slashed processing time by 75% through the development and deployment of automated WSO recon templates.• Formulated G/L entries to post daily-accrued income and interest payments, created daily leverage analysis of K2 funds for prime brokers, and addressed all ad hoc requests as per requirements. Show less

  • Fund Administration & Oversight Supervisor

    Jan 2020 - Jan 2020

  • Supervisor- Investment Accounting

    Jan 2017 - Jan 2020

  • Sr NAV Analyst

    Jan 2014 - Jan 2017

  • NAV Analyst

    Jan 2013 - Jan 2014
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  Franklin Templeton

  Jan 2021 - Feb 2023

  Lead Fund Administration Analyst

  During my tenure as a Fund Administration Lead in Franklin Templeton Rancho, I have finalized multiple tasks related to monitoring changes within monthly expense ratios, monthly contractual fees, expense caps, and waivers. I am accountable for reviewing and approving complex funds budgets developed by the Administrator. By deploying the latest digital tools, create and implement exception-based reporting. I oversee complex expense categories and product-related items impacting shareholder reports in close collaboration with the Financial Reporting and Oversight team. My role is to perform deep-rooted ad-hoc expense analysis related to changes in vendor agreements, regulatory changes, and complex funding scenarios. I document and deliver reports for Board on a quarterly basis and coordinate with groups to address queries of the Board of directors.Some of my key accomplishments associated with this job role include:• Aligned fund budgets with product events while monitoring changes in current and prior-year expenses.• Headed all facets involved in merging two expense/fund admin teams and trained the Legg Mason team to execute the responsibilities of Franklin Team during the acquisition of Legg Mason by Franklin Templeton.• Led all facets involved in the review and analysis of expense disclosures for annual prospectus updates regarding '40 Act funds and coordinated with the Legal Team on footnotes regarding fees and expense table.• Piloted strategic review of fund administrators' control environment aimed at driving continuous development, documentation, and implementation of a risk-based oversight model.• Acquired all expense/budget-related items from non-US markets and reduced review time by 75% by leading a full cycle of budget review to attain exception-based reporting.• Spearheaded launches, mergers, and liquidations impacting analysis on fund initiatives and coordinated with multiple departments within fund administration. Show less

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  IMP

  Feb 2023 - now

  Senior Business Support Analyst