Rajesh Subudhi

Experience

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  S.C.Vasudeva & Co.

  May 2005 - Sept 2006

  Article Clerk

  Articleship.....

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  Jagdish Mittal & Co.

  Oct 2006 - May 2007

  Article Clerk

  Articleship.......

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  Reliance Communications Limited

  Jun 2007 - May 2008

  Industrial Trainee

  Channel Management • Budgetary Control & Evaluation• Incentive Payout & Clawback: • Channel Appointment and Credit Management• Price Protection Benefit

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  Deloitte & Touche

  May 2008 - Feb 2010

  Audit Senior

  External Audit - Investment Management GroupAudit Senior.Client Handled: BlackRock Mutual Fund (USA): Merrill Lynch Hedge Access (USA): • Lead Team to complete Annual Audit as per Investment Company Act’ 1940• Ensuring compliance with US GAAP, Disclosure requirements of SEC & Different Pronouncement issued by AICPA & Other regulatory bodies• Performing Preliminary Analytical Review and Preparation of Draft Financial Statements including Assets & Liabilities , Statement of Operations, Change in Net Assets & Cash Flow Statements • Valuing Portfolio of Investments (Domestic & Foreign) with the help of Independent Source like Bloomberg, IDC and Reuters And FAS 157 Testing, Adjustments for TOB’s and Money Market Investments• Verifying Derivative & Hedging Transaction with Bloomberg Tools • Performing Various Roll-forwards like Capital Stock & Investment • As a Team Member provide help in drafting Registration Statement (N1A & N2) and performing subsequent event testing Show less

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  Ernst & Young

  Feb 2010 - Dec 2011

  Internal Audit Risk Advisory ServicesConsultant.Client Handled: Bangalore International Airport Limited Tata Advanced Material Limited Tata Elxsi LimitedNCR Corporation (Beijing Plant, China)Internal Audit – Area includes Loan Financing, effectiveness of Treasury function, Budgeting & MIS, Human Resource, Procurement, Administration, Financial Statement Closing Procedure (Incl. Inventory) and Passenger KPI Review

  • Senior Consultant

    Aug 2011 - Dec 2011

  • Consultant

    Feb 2010 - Sept 2011
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  Deloitte & Touche

  Nov 2011 - Jul 2016

   Led engagement team (40+ professional) to perform an annual audit of various fund structures like open-end, closed-end, master-feeder, fund of funds, and hedge/mutual funds with various asset classes and related auditing, accounting, and disclosure requirements (US GAAP). Built various audit templates for analytical review, position reconciliation, valuation, capital allocation, financial highlights, and complex audit areas including carried interest/incentive fee. Ensured compliance with US GAAP, Disclosure requirements of SEC & Different Pronouncement issued by AICPA & Other regulatory bodies Coordinated with PPD and engagement quality reviewer process (EQCR) effectively and ensure quality delivery on each engagement. Played a key role in audit confirmation automation project (DACS) starting from idea initiation to UAT. Saved +1000 hours in the first year.  Co-managed (planning, staffing, and delivery) BAAM engagement across HYD, Gurgaon & NY team with more +60,000 man-hours with my senior manager. Show less

  • Audit Manager

    Aug 2013 - Jul 2016

  • Audit Senior

    Nov 2011 - Aug 2013
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  D. E. Shaw India Private Limited

  Jul 2016 - now

   Leading financial reporting (FinR) team responsible for Active Equity (benchmark-relative) and absolute-return funds, both part of DESIM business ($25 bn Institutional assets under management) investing into various asset classes such as outrights (equity, debt, options, CDS, etc.) and derivatives (forwards, futures, swaps, etc.). Acting as a final reviewer (sign-off) for various monthly packs/reporting (book-closure), QTD unaudited financial statement, weekly/monthly performance indication (PIs’), investor allocation including MF/PF calculation. Acting as 2nd level reviewer for annual audited financial statements and various SMA deliverables as well as composite reporting and SOIP schedules (GIPS framework). Review of OM/Sub-docs/investor notices and working on scenario analysis related to expenses and/or returns for new fund launches/mandate changes for COO group, notes and templates review of investor deliverables like MPS, PIs’, RFEs’ and providing comments to IR/legal & compliance. Liaising with auditors for annual audit and CITCO (admin) for monthly confirmation letter and investor reporting, and internal teams. Business owner and manager of DEShaw proprietary fund accounting/capital allocation tools (DESCap). Leading a team to identify and prioritize development needs, work with Dev/PMG (20 FTE) for spec gathering, development, UAT and release cycle management. DESCap is core to most of FinR team functions and one of the highly complicated and sophisticated tools in DEShaw. Initiate and manage various projects throughout the year related to annual audit, process improvement and standardization notes & disclosure. Show less

  • Associate Director

    Jan 2023 - now

  • Senior Manager

    Jul 2016 - Jan 2023