Abhishek Singh

About Abhishek Singh

At Principal Global Services, my work centers around ensuring meticulous cash and position reconciliations, while resolving discrepancies in financial instruments and transactions. This includes leveraging tools such as IDC and Bloomberg for corporate actions and coupons, and addressing overdrafts or aged balances with precision.

Experience

1. Reconciliation Analyst

   Principal Global Services

   Mar 2024 — Present · Pune, IN

   Review cash and position exceptions, including differences, on a daily basis, and resolve them accurately and in a timely manner. Researching any discrepancies, such as coupon rate differences, dividend payments, trades, principal pay downs, contributions, withdrawals, FXs and other factors involved in coupon calculation, as well as updating shares, corporate action variances, derivatives, margins, and so on. To confirm the corporate action and coupons, use IDC and Bloomberg. Also settling out the claims the with brokers and agent bank. Monitor the fund on a daily basis to ensure that the account remains free from OD or ABD. In the event of such occurrences, conduct a comprehensive investigation and present a detailed explanation along with supporting documentation to the accounting team In order to avoid and/or address NAV, performance disparities, prepare and deliver comprehensive month end and weekly reconciliations to custodian banks and accounting agents. Verify the booking and adjustment made on the same day by conducting daily check activities at the end of the EOD

Education

• Birla College of Arts Science & Commerce Birla College Road Kalyan Dist Thane 421 304

  Bachelor of Commerce - BCom

  2018 — 2021