Summary
Overview
Work History
Education
Skills
Affiliations
Interests
Timeline
Awards
Hobbies and Interests
Generic

NISHA K. THOMAS

Brooklyn,NY

Summary

Dedicated and detail-oriented Senior Fund Accountant with over 10 years of experience managing private equity and mutual fund structures, specializing in financial reporting and investor relations. Proven expertise in streamlining accounting processes and enhancing operational efficiency while ensuring compliance with regulatory standards. Skilled in building strong relationships with stakeholders and delivering insightful financial analysis to support strategic decision-making. Committed to driving success through meticulous attention to detail and a deep understanding of the financial landscape.

Overview

21
21
years of professional experience

Work History

Senior Fund Accountant

Gen II Fund Services
11.2022 - Current
  • Oversee a diversified private equity buyout platform with $9B in assets under management, spanning both consolidated entities and co-investment vehicles (CIVs).
  • Prepare and review unaudited and audited financial statements in accordance with U.S. GAAP and coordinate with external auditors, all year round, providing detailed workpapers, reconciliations and supporting documentation to facilitate timely and successful audit completion.
  • Prepare detailed Partner Capital Account Statements (PCAPs) for over 450 Limited Partners, reflecting contributions, distributions and profit/losses.
  • Draft and issue capital call and distribution notices and maintain deal by deal waterfall models to calculate carried interest and investor allocations.
  • Liaise with internal departments- primarily Treasury to update wire instructions, validate banking information, and facilitate smooth and timely execution of capital activity payments.
  • Generate periodic performance reports incorporating metrics like Internal Rate of Return (IRR) and NAV and prepare adhoc reports for clients and investors as needed.
  • Manage client relationships by maintaining consistent, proactive communication to ensure a high standard of service, responsiveness and trust.
  • Lead and mentor interns and fund accountants, providing them with training and guidance to enhance team performance and professional development.
  • Independently compile and document clear, structured summaries of fund economics with limited guidance, supporting fund onboarding.
  • Selected to participate in stakeholder interviews focused on evaluating current treasury workflows, (Hazeltree integration), which identified pain points, and provided actionable feedback and improvement suggestions, contributing to enhanced workflow design and system optimization initiatives.

Fund Accounting Officer

Mizuho Bank, USA
01.2018 - 10.2022
  • Provide day-to-day fund accounting for a set group of funds.
  • Analyze and report fund performance, NAV, on a daily and monthly basis.
  • Perform daily and monthly cash/positions reconciliations between the investment managers, prime brokers and custody.
  • Book/interface trades, capital stock transactions and verify all transaction activity in the Fund Accounting System.
  • Interface/enter security pricing on valuation days.
  • Record and respond to client inquiries, providing guidance and resolving exceptions.
  • Assist in the review of other accountants’ work including sign off of valuations, variances and other ad-hoc duties.
  • Gain exposure to various fund structures (Multi- currency, FX Currency Hedging).

Senior Operations Accountant

Bank of New York Mellon
07.2014 - 12.2017
  • Assumed responsibility for all short-term municipal money market/ bond trades and some long/short funds., which included authorizing and approving wire transfers, monitoring the adequacy of proper accrual of borrowing fees and managing collateral movements to ensure margin requirements.
  • Provided high quality support to all customers including traders, prime brokers, custodians and auditors related to booking, allocation, settlement and all other trade related queries.
  • Researched and reconciled trade discrepancies, related to fails, to ensure prompt resolution.

Fund Accountant

Bank of New York Mellon
10.2006 - 03.2013
  • Managed fund accounting activities for an investment manager with $80 Billion AUM.
  • Developed working knowledge of various fund structures and products including equities, investment securities, repos, and OTC derivative contracts.
  • Worked closely with the client, traders, and internal team members to communicate issues and resolve discrepancies.
  • Successfully tracked and priced positions utilizing third party vendor sources and reduced NAV errors by guaranteeing 100% accuracy of all priced securities.
  • Produced client daily NAVs, month-end closes, financial statements, audit and tax schedules and reportable SEC 30 day and 7-day yields.
  • Took ownership of the SEC compliance process, by performing IRS diversification tests for numerous funds.
  • Provided keen oversight to the maintenance of (IRS/ CDS) security masters, swap operations and settlements.
  • Reconciled cash, activity and positions shown in accounting system to the client/prime broker statements and custody.

Project Accountant

Amman & Whitney
04.2006 - 10.2006
  • Processed construction payment applications and Subcontractors' invoices in accordance with the contract documents and School Construction Authority policies.

Bookkeeper

Afam Multi-Specialty Medical Group
10.2005 - 02.2006
  • Maintained company wide accounting functions and assumed responsibility for the accounts payable process.

Credentialing Associate

Afam Multi-Specialty Medical Group
09.2004 - 09.2005
  • Ascertained privileges for over two-dozen healthcare providers at various health institutions and health plans.

Education

Investment Banking Institute
New York, NY
11.2015

Bachelor of Science - Accounting

Medgar Evers College
Brooklyn, NY
06.2004

Skills

  • Proficient in Microsoft Office, Sage Intacct, eFront, Bloomberg, IDC, Thomson One, Goldman 360, MFACT

Affiliations

  • Volcanoes Sports Club, Asst. Treasurer & Team Player March 2001 – Present
  • Participate in highly competitive one-day rallies and summer and winter netball leagues both locally and statewide.
  • Heavily involved in fundraising and event planning.

Interests

  • Team Sports
  • I enjoy helping others and giving back to the community


Timeline

Senior Fund Accountant

Gen II Fund Services
11.2022 - Current

Fund Accounting Officer

Mizuho Bank, USA
01.2018 - 10.2022

Senior Operations Accountant

Bank of New York Mellon
07.2014 - 12.2017

Fund Accountant

Bank of New York Mellon
10.2006 - 03.2013

Project Accountant

Amman & Whitney
04.2006 - 10.2006

Bookkeeper

Afam Multi-Specialty Medical Group
10.2005 - 02.2006

Credentialing Associate

Afam Multi-Specialty Medical Group
09.2004 - 09.2005

Bachelor of Science - Accounting

Medgar Evers College

Investment Banking Institute

Awards

Recipient of BNY Mellon “Outperformance Award” December 2011 & August 2016

Hobbies and Interests

Netball, Basketball
NISHA K. THOMAS