Prasad Allakonda

WORK HISTORY

EDUCATION

ABOUT PRASAD ALLAKONDA

With over 6+ years of progressive experience in finance, including more than 2+years as a Fund Accountant at State Street, I specialize in managing NAV components, reviewing complex fund structures, and delivering precise financial reporting. My background spans daily oversight of capital stock, expenses, trades, and income, alongside expert reconciliations and resolution of TA, cash, and stock breaks.Key achievements and skills include- Expertise in Fund Accounting: Comprehensive experience with multi-class, multi-manager, fund-of-funds, and standalone fund structures, ensuring accurate NAV calculations and corporate action processing- Financial Reporting & Compliance: Proficient in preparing and distributing monthly, quarterly, and annual financial statements, maintaining strict adherence to industry and regulatory standards (GAAP, IFRS)- Operational Efficiency: Skilled in process improvement, with a proven track record of clearing breaks, validating reconciliations, and streamlining daily fund operations to enhance accuracy and timeliness- Stakeholder Collaboration: Effective liaison with investment managers, auditors, and compliance teams, addressing queries and supporting detailed issue analysis to uphold transparency and resolve discrepancies- Analytical & Technical Proficiency: Strong analytical skills for detailed problem-solving, enhanced by advanced use of Excel and various fund accounting platforms (MCH, MYSS, IMT, Bloomberg, Refinitive, ICE)- Recognized as a 2023 “Star Performer,” my well-rounded expertise supports rigorous and efficient fund management, delivering reliable value to all stakeholders while driving high standards of financial integrity and performance.