Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Divya Chandana Challagali

St Louis,MO

Summary

Strategic and analytical finance/accounting professional with 10+ years of success in financial reporting, analysis and system testing.

Overview

5
5
years of professional experience

Work History

Lead Fund Reporting Analyst

State Street
Hyderabad, Telangana
07.2021 - Current
  • Prepares Annual and Semi-Annual shareholder reports by gathering information from various sources and flowing it through accounting applications.
  • Reviews qualitative and quantitative information within shareholder reports for accuracy and adherence to SEC and GAAP regulations.
  • Prepares quarterly and money market monthly holdings reports disclosing all holdings of the fund as well as net assets.
  • Participates on centralized task teams to support efficiency in the workflow of daily adjustments and analysis.
  • Works to support the collaboration of Fund Reporting and many other business partners such as Tax, Publishing, Legal, and Auditing firms.
  • Systematically making accounting journal adjustments to reflect activity after month end to ensure the correct NAV is calculated

Senior Financial Reporting Consultant

Grant Thornton
Bengaluru, Karnataka
12.2019 - 06.2021
  • Reviewed Statement of Investments, gained strong control on handling presentation of different investment portfolios.
  • Reviewed Notes to Financial statements, coordinates with the other teams to ensure that the accounting for derivatives, corporate actions are accounted correctly, if any deviation, notify them accordingly.
  • Worked on Fundsuite Arc application, has knowledge on resolving setup issues faced in application.
  • Deep Analysis and reconciliation of cash management, expense accruals, and disbursements
  • Worked with international mutual funds while dealing with foreign exchange contracts, new buys to the fund, as well as daily exchange rates and conversions.
  • Proficient with Bloomberg terminal, using the resource for Trade analysis, Dividend Yield calculations, communication and conformation with traders.
  • Strengthened relationships with internal business partners such as the Corporate Actions and Portfolio Management Teams as well as external business partners such as Bloomberg and various custodial banks.

Senior Fund Accounting Analyst

Franklin Templeton Investments
Hyderabad, Telangana
07.2018 - 12.2019
  • Responsible for calculating, adjusting, and reporting daily net asset values for over 10 mutual funds before sending to the pricing department.
  • Part of the International Fund Accounting Team that manages over 400 Billion dollars in Total Net Assets on a daily basis.
  • Required to research daily cash breaks and Fund Accounting discrepancies as well as reconcile reports to the custodial banks.
  • Review NAVs for several of the investment fund products, including monthly or quarterly valuations.
  • Book cost, Amortization and Interest reconciliation of the securities held by the fund.
  • Checking the materiality for the NAV of late trades, Checking the unsettled trades and dividends for which follow up will be done.


Education

MBA - Finance

All India Council For Technical Education
India
03.2013

Skills

  • Financial Statements
  • Annual Reports
  • Hedge Funds
  • Private Equity
  • Mutual Funds
  • NAV
  • Fund Reporting
  • Financial Reporting regulated by Reg S-X
  • General Ledger/ Accounting entries proficient
  • IFRS, US GAAP
  • Superior research skills

Accomplishments

  • Trained new-hire employees in the roles of journal entries, fund analysis, fund reporting, and adherence to SEC and GAAP requirements.
  • Multiple recognitions from business partners publishing department for financial statement markup clarity and ideas to new processes.
  • Joined testing team to implement updates to current Fund Reporting systems impacted by accounting system change.
  • Created multiple End-User Documents for process efficiency and error avoidance.

Timeline

Lead Fund Reporting Analyst

State Street
07.2021 - Current

Senior Financial Reporting Consultant

Grant Thornton
12.2019 - 06.2021

Senior Fund Accounting Analyst

Franklin Templeton Investments
07.2018 - 12.2019

MBA - Finance

All India Council For Technical Education

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Divya Chandana Challagali