Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Febin Francis Kannammadathy

Toronto,ON

Summary

Experienced in fund accounting with strong focus on financial reporting and compliance. Known for delivering accurate and timely results while ensuring adherence to regulatory standards. Skilled in team collaboration, problem-solving, and adapting to changing needs. Possess expertise in financial analysis, account reconciliation, and investment portfolio management.

Proven track record in enhancing operational efficiency and accuracy through meticulous reconciliations and cross-functional collaboration. Strong attention to detail and client management skills drive successful outcomes in fast-paced environments.

Overview

9
9
years of professional experience

Work History

Senior Associate, Client Operations

MUFG Investor Services
04.2023 - 12.2024
  • Analyzed and reviewed Monthly & Quarterly NAVs, supporting the team in ensuring data integrity and accuracy for hedge fund clients.
  • Collaborated with various accounting teams to validate monthly accruals, interest calculations, and fund-related invoices, ensuring alignment with financial standards.
  • Interpreted and cross-verified fee schedules to ensure calculations were in accordance with governing fund documents and operational rules.
  • Assessed investor and investment transaction data, ensuring consistency and compliance across systems.
  • Oversaw and validated cash and security position reconciliations, identifying inconsistencies and recommending resolutions.
  • Performed root cause analysis on breaks and variances, compiling insights and documentation to assist the teams in resolving discrepancies.
  • Reviewed investor allocation during each NAV cycle, ensuring accurate booking of capital transactions and proper allocation of P&L.
  • Oversaw NAV reviews to ensure timely delivery of reporting packs in accordance with SLAs, including QA checks and archiving processes.
  • Assisted in the preparation of unaudited financial statements and audit deliverables by gathering data, analyzing outputs, and facilitating internal collaboration.
  • Maintained issue logs to track and document recurring errors, helping to address knowledge gaps and improve data accuracy across the team.
  • Acted as a liaison between fund accounting, client service, and IT teams, assisting in resolving escalated client queries and facilitating timely responses.
  • Worked closely with stakeholders, banks, custodians, and auditors to ensure data completeness and accuracy, serving as a coordination point for deliverables.
  • Liaised with cross-functional teams to gather business and technical inputs, responding to client queries with timely, accurate resolutions that enhanced satisfaction.
  • Contributed to process improvement initiatives by mapping current workflows, identifying inefficiencies, and recommending data-driven solutions to enhance operational efficiency.
  • Managed ad hoc data analysis and reporting during month-end and year-end close, prioritizing tasks to meet tight deadlines and ensure accurate deliverables.
  • Participated in enhancing operational efficiency by analyzing workflow challenges and implementing streamlined solutions.

Senior Fund Accountant

RBC Investor And Treasury Services
09.2022 - 02.2023
  • Assisted in preparing and delivering daily and monthly Net Asset Values (NAVs), ensuring accuracy and compliance with strict deadlines and service level standards.
  • Executed data validation procedures to verify completeness and accuracy of inputs used in NAV production, ensuring alignment across internal and external data sources.
  • Oversaw the preparation of NAV packs for performance fee funds, ensuring accurate fee calculations and timely client reporting.
  • Monitored NAV discrepancies, performing root cause investigations to ensure timely resolution and the implementation of corrective actions.
  • Collaborated with external custodians and third-party service providers to ensure the accuracy, completeness, and timely delivery of NAV packs.
  • Reviewed fund accounting deliverables for accuracy and consistency, providing feedback and process guidance to enhance overall team efficiency.
  • Supported the onboarding and training of new Fund Accountants by documenting workflows, clarifying operational policies, and offering subject-matter expertise.
  • Managed client service concerns and fund-related inquiries, offering swift and professional responses to consistently exceed client expectations.
  • Contributed operational insights during internal stakeholder and manager meetings, supporting informed decision-making.
  • Collaborated in planning discussions for client- and fund-specific events, working cross-functionally to ensure flawless execution.
  • Oversaw operational processes to ensure strict adherence to regulatory guidelines and fund accounting standards.
  • Monitored and applied the latest accounting policies for different fund types, ensuring consistency in operational execution.

Senior Fund Accountant

BNP Paribas Securities Services
11.2018 - 06.2022
  • Performed and reviewed NAV calculations and related activities in coordination with Custody, Transfer Agency (TA), Pricing, and Corporate Actions teams.
  • Analyzed corporate action forecasts to project accurate share positions and reviewed accounting entries to ensure precise treatment of all events.
  • Assessed daily trade activity to validate accurate projection and reflection of portfolio positions.
  • Investigated and resolved reconciliation breaks in TA, cash, and stock accounts, ensuring completeness and accuracy for each NAV.
  • Coordinated fund setups, closures, and transfers by liaising with internal departments and external partners.
  • Ensured NAV calculations were completed and reviewed on time, with comprehensive NAV packs and proper report generation, delivery, and archiving.
  • Reviewed performance fee calculations for funds with daily, weekly, fortnightly, and monthly valuation frequencies.
  • Reviewed swing pricing adjustments for daily funds when applicable.
  • Oversaw daily, monthly, and year-end distribution calculations to ensure accuracy and compliance.
  • Conducted root cause analysis and provided clear resolutions when addressing issues raised by clients, internal teams, or spoke locations.
  • Identified opportunities for process improvement and enhancement of internal control frameworks.
  • Logged and documented errors identified during reviews and resolved repetitive issues through process improvements or team training.
  • Handled various financial instruments and assessed their impact on NAV and fund valuation.
  • Regularly evaluated and updated procedural documentation to maintain accuracy and completeness.
  • Supported month-end and year-end activities, taking on ad-hoc responsibilities as required.
  • Participated in training and mentoring fund accountants, and provided task coverage during absences.
  • Performed ISAE 3402 compliance checks to ensure 100% adherence in all NAV packs.

Process Executive

Societe Generale Global Solution Center
06.2016 - 11.2018
  • Administered mutual funds and ensured accurate and timely delivery of daily Net Asset Value (NAV).
  • Handled various financial instruments including equities, bonds, swaps, CFDs, forwards, and spot contracts.
  • Calculated performance and management fees based on fund-specific performance metrics and fee structures.
  • Processed invoices, capital activities, and interest transactions in accordance with fund operations.
  • Conducted cross-checks using Bloomberg to analyze price variations and validate investment data.
  • Monitored corporate actions and investment-related news in Bloomberg to explain pricing movements and assess portfolio impact.
  • Managed dividend distributions for specific funds and monitored distribution yields for accuracy and consistency.
  • Performed reconciliation and resolution of cash and position breaks to ensure data integrity and timely issue resolution.
  • Processed collateral files and provided justification for NAV variations at both portfolio and share class levels.
  • Investigated NAV exceptions related to pricing, trade booking, settlement, and corporate actions to ensure accurate fund valuation.
  • Executed month-end, quarter-end, and year-end processes, including detailed control checks and reconciliations.

Education

MBA - Finance And Marketing

Anna University
Chennai, India
06-2016

Bachelor of Commerce (BCom) - Accounting And Corporate Secretaryship

University of Madras
Chennai, India
06-2013

Skills

  • Fund Accounting
  • Financial Reporting
  • GAAP / IFRS
  • Audit Support
  • Financial Statement Preparation
  • Fund Structures (Hedge Funds, Mutual Funds, Exchange-Traded Funds)
  • Attention to detail
  • Bloomberg, Reuters, Geneva, Mpower, Multifonts, GP3, pControl

Accomplishments

  • ‘Bravo' Award – April 2020 & August 2021
    Recognized by BNP Paribas for outstanding performance and commitment to operational excellence.
  • ‘Reward & Recognition' (R&R) Award – February 2022
    Awarded by Dublin NAV Chennai team at BNP Paribas for consistent accuracy and reliability in NAV production and fund support.
  • ‘Champion of the Month' – March 2022
    Honored by BNP Paribas for exceptional contributions to team performance and process efficiency.
  • Client Recognition – OTC Reconciliation Process Enhancements
    Acknowledged by key clients for driving improvements in OTC reconciliation by identifying and mitigating internal and external factors impacting daily NAV accuracy.

Timeline

Senior Associate, Client Operations

MUFG Investor Services
04.2023 - 12.2024

Senior Fund Accountant

RBC Investor And Treasury Services
09.2022 - 02.2023

Senior Fund Accountant

BNP Paribas Securities Services
11.2018 - 06.2022

Process Executive

Societe Generale Global Solution Center
06.2016 - 11.2018

MBA - Finance And Marketing

Anna University

Bachelor of Commerce (BCom) - Accounting And Corporate Secretaryship

University of Madras

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Febin Francis Kannammadathy