Zeal Mehta

Associate @Morgan Stanley

Mumbai, IN

Providing daily estimated NAVs and Accurate Monthly NAVs to Hedge funds (Onshore and Offshore)\\\\n• Performing Cash and position reconciliations with counterparties(which includes three way reconciliation –client books, Custody records & fund accountant records)\\\\n• Knowledge of various product types (Equity, Options & futures, Bonds, swap on bond, Equity Swaps, Bullet swaps, Sidepockets, etc.) and related corporate actions (including Rights, reverse split, cash stock option,etc)\\\\n• Booking of various types of capital activities (Contribution/Withdrawal, Subscription/Redemption, Transfers/Switches with and without crystallization)\\\\n• Calculation of Management fees in various structures (Monthly in Advance/Arrears) along with changes in the same due to side letters\\\\n• Providing investor level income allocations and investor statements\\\\n• Experience of working on multi currency funds including preparing manual allocation spreadsheet\\\\n• Special allocation to investors for IPO income or any type of special allocation required\\\\n• Performing Year end series Rollup and Year End Crystallization for offshore funds\\\\n• Working on clawback shares\\\\n• Providing support to financial reporting team during Audit periods\\\\n• Preparation of theoretical returns for various class of investors on monthly basis\\\\n• Giving out weekly estimates for clients (which would cover accurate pricing of securities)\\\\n• Working on ad hoc client request and preparing client specific workings on excel – which includes revenue sharing file, maintenance of separate calculations for any particular expense(E.g. Research, specific invoices payments)\\\\n• Preparation of manual share registers for yearend reporting\\\\n• Closely monitoring the trade files and working on them in event when trades are kicked out of system\\\\n\\\\n