Prashant Shukla

Financial Reporting | Financial Control | Financial Modeling | IFRS & US GAAP Standards | Fund Reporting | President- IMA Pune Chapter | Public Speaker |Associate (Fund Administration/Financial Reporting) @BNY Mellon

Role
Associate-ii (Fund Administration Financial Reporting) at BNY
Location
Pune, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Prashant Shukla

A dynamic finance professional with over 5 years of meticulously cultivated expertise, I…

Experience

  1. Associate-ii (Fund Administration Financial Reporting)

    BNY

    Jun 2022 — Present · Pune, IN

    As a dedicated financial professional, my current role centers on the meticulous scrutiny of financial statements for a diverse portfolio of mutual and hedge funds, consistently ensuring 100% conformity with both US GAAP and IFRS frameworks. I am adept at formulating Capital Stock Proofs and precisely recording investment transactions to facilitate the accurate production of the Statement of Net Assets. A key focus involves gathering and validating interest and dividend revenue, meticulously sorting income for comprehensive reporting within the Statement of Comprehensive Income. Through efficient categorization, I\'ve successfully cut processing duration by 20%, significantly contributing to the timely preparation of critical financial statements. Furthermore, I am responsible for determining and logging realized gains and losses from various financial instruments, ensuring their proper disclosure.I contribute to enhanced financial transparency by preparing cost verification reports that outline investments, offering an 80% clearer perspective on the investment schedule. A critical aspect of my work involves aligning purchase, sale, and holding data with trial balance reports, proactively identifying and resolving discrepancies in close collaboration with the Fund Accounting Team. These efforts have directly led to a notable boost in the precision and swiftness of reporting, resulting in fewer inaccuracies and delays in financial records. I\'ve also been instrumental in elevating portfolio turnover reports (PTO), thereby significantly enhancing the clarity and insight into fund performance for stakeholders.

Education

  • Modern Education Societys Ness Wadia College of Commerce, P.V.K.Joag Path, Pune 411004

    Bachelor of Commerce - BCom

    2016 — 2018

  • Institute of Management Accountants (IMA)

    CMA (US)

    2021 — 2022

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