Fundsuite Arc - Financial Reporting Tool for Investment funds
Keshav Ronagala
Certified Public Accountant (USA) - Licensed From NJ State Board
Edision,NJ
Summary
CPA-licensed Audit Professional with over seven years of experience specializing in financial reporting and auditing for the Investment Management industries. Proven expertise in managing end-to-end audit engagements for a diverse portfolio of clients, including Private Equity, Private credit, Hedge, and Mutual funds. Skilled in both US GAAP, with a strong track record of enhancing process efficiency and leading high-performing onshore and offshore teams.
Overview
14
14
years of professional experience
3
3
Languages
Work History
Senior Associate 3 (Audit)
KPMG UNITED STATES
11.2024 - Current
- Supervise the execution of external audits for Asset Management clients, including SEC registrants, ensuring compliance with regulatory and professional standards.
- Lead audit engagements for Private Equity, Mutual Fund, Hedge Fund and Private Credit clients with exposure to complex valuation instruments Collateralize loan Obligations, Fee Rebates, Warehouse, Term loans and SRTs.
- Reduced service delivery costs by 5% by leveraging automation tools to streamline audit procedures and increase team efficiency.
- Manage client engagements and lead communications, including weekly client calls and bi-weekly partner calls.
- Handle onshore and offshore teams, driving integration to reduce service delivery costs.
Assistant Manager (Audit)
KPMG Global Development Centre Private Limited
05.2022 - 11.2024
- Led a team of 15, improving project turnaround time by 20% through effective daily oversight and workload management on Private Equity and Hedge Fund audits.
- Reviewed financial statements for mathematical accuracy, version control, and internal consistency across various calculations including capital allocations, management fees, and carried interest.
- Coordinated with engagement teams and led regular status update calls to ensure adherence to tight deadlines.
Emerging Leader
State Street Corporate Services
11.2020 - 05.2022
- Prepared and reviewed financial statements for Private Equity funds, including Portfolio of Investments, Statement of Operations, and Cash Flows as per US GAAP and IFRS.
- Identified and implemented 3 key process improvements in financial reporting, enhancing accuracy and reducing manual errors.
- Managed the migration of reporting processes to Fundsuite Arc and provided tool training for new hires.
Financial Reporting Analyst
Franklin Templeton Investments
05.2018 - 07.2020
- Prepared and reviewed annual, semi-annual, and quarterly reports for Mutual Funds, including Statements of Assets & Liabilities and Operations per US GAAP and IFRS.
- Prepared Notes to Financial Statements, coordinating with various teams to ensure accurate accounting for derivatives and corporate actions.
- Analyzed financial ratios and prepared Financial Highlights for board review.
- Automated manual processes to improve efficiency and handled centralized tasks for all reporting funds.
Finance Executive
DriveIT Technologies Private Limited
08.2016 - 04.2018
- Handled corporate accounts and taxation matters, ensuring compliance with statutory laws (Income Tax, GST).
- Assisted in preparing budgets, trend analyses, and forecasts; handled company payroll and salary structure.
Audit Intern
Deloitte Touché Assurance & Enterprise Risk Services India Private Limited
12.2015 - 04.2016
- Participated in audits for various US and Canadian companies, conducting tests of financial ledgers.
- Developed an understanding of audit methodology by reading SEC forms (10-K, 10-Q) and completing audit papers to document tests and finding
Audit Associate
CA-Articleship, C.Ramachandram & Co
08.2012 - 08.2015
- Performed internal and statutory audits for companies across various industries, reviewing process effectiveness and initiating control measures.
- Handled tax audits and designed financial projections for client organizations.
Education
Certified Public Accountant (USA)_NJ -
AICPA
USAPost Graduate Diploma in Business Management - Accounting
Osmania University
Hyderabad, India 05.2001 -
Integrated Professional Competence Course -
Institute of Chartered Accountants of India
IndiaBachelor's in Commerce (Accounting & Finance) -
Osmanina University
HyderabadSkills
US GAAP & IFRS
Financial Reporting
Audit & Assurance
Taxation
Valuation
Process Improvement
Project Management
Software
Confluence - Unity NXT - Financial Reporting Tool for Investment funds
SAP
MS Office Suite
KPMG Clara - Audit software
Timeline
Senior Associate 3 (Audit)
KPMG UNITED STATES
11.2024 - Current
Assistant Manager (Audit)
KPMG Global Development Centre Private Limited
05.2022 - 11.2024
Emerging Leader
State Street Corporate Services
11.2020 - 05.2022
Financial Reporting Analyst
Franklin Templeton Investments
05.2018 - 07.2020
Finance Executive
DriveIT Technologies Private Limited
08.2016 - 04.2018
Audit Intern
Deloitte Touché Assurance & Enterprise Risk Services India Private Limited
12.2015 - 04.2016
Audit Associate
CA-Articleship, C.Ramachandram & Co
08.2012 - 08.2015
Post Graduate Diploma in Business Management - Accounting
Osmania University
05.2001 -
Certified Public Accountant (USA)_NJ -
AICPA
Integrated Professional Competence Course -
Institute of Chartered Accountants of India
Bachelor's in Commerce (Accounting & Finance) -
Osmanina University