Swapnil Kokane
Mumbai
Summary
Financial Reporting Senior Associate at State Street Corporation specializing in fund reporting and regulatory compliance. Demonstrated success in improving operational efficiency through automation and effective problem-solving. Skilled in managing client relationships and producing precise financial statements under tight deadlines, utilizing Fundsuite SX and Bloomberg.
Overview
9
9
years of professional experience
Work History
Financial Reporting Senior Associate
State Street Corporation
Mumbai
04.2022 - Current
- Master of commerce involved in Group Reporting, Mutual Fund Financial reporting – executed preparation of Financial Statements within strict deadlines and facilitated successful regulatory submissions.
- Preparing and conducting 1st and 2nd level reviews on mutual fund SOI, derivatives, financial statements quarterly, semi-annually, and annually, weekly and monthly holdings, NMFP, addressing comments and supporting draft distribution to clients and auditors, ensuring all deliverables are completed accurately and within agreed-upon timelines.
- Verifying the daily work requests, clearing the issues on projects, sending the update mails to the client operating office on a daily basis, Coordinating with clients and counter parties operating office for the work flow and the feedback.
- Responsible for risk management by ensuring all team members understanding all standard operating procedures, Key controls, Client Specific Procedures and Checklists.
- Helping team professionals understand objective and goal of the engagement and setting up a plan to achieve it and Ensure team is achieving accuracy and meeting pre-determined deadlines.
- Estimate personnel needs, assign work, oversee short term deliverables, coordinate workflow of overall operating model while assisting with deployment of operational changes.
- Effectively use automation and make recommendations for current system enhancements.
- Understanding the needs and delivering product as per changing needs and environment of client.
- Focused and goal driven with strong work ethics, flexible to work under pressure.
- Volunteer for ad-hoc projects and help with last minute requests.
- Participating in the research and resolution of client issues.
- Skills Learnt: Strong work ethics, Insight’s Analysis, Interpersonal skills, Financial Reporting, Client Relationship, Problem-solving skills, Management experience.
Process Specialist
Infosys BPM Limited ,Hinjewadi,Phase 2
Pune
03.2020 - 02.2022
- Prepared portfolio reports, expense tables, footnotes, and financial statement notes in compliance with US GAAP for mutual funds.
Generated periodic board reports, regulatory reports, and FAMIS reports to support fund management.
Ensured timely and accurate shareholder reporting in alignment with regulatory requirements. - Generated accounts, short-form reports, and subsidiary information for collective investment vehicles, ensuring timely and accurate delivery to established timetables and SLA standards.
• The process involves following multiple steps and has deadlines throughout the month, we use applications like Fund Suite Arc Reporting, Excel, Macros, Eagle STAR, ASM, DAVAST.
• Core work includes proofing of final reports and preparation of financial statements preforms, audit file reconciliations & supporting documentation, distribution rate calculations and taxation schedules.
Senior Associate
State Street Syntel Services Private Limited.
Pune
06.2016 - 03.2020
- Reviewed and presented Statements of Investment (SOIs) for accurate financial reporting.
Updated and verified securities data, including coupon rates and maturity dates, using Bloomberg.
Identified and disclosed footnotes related to securities, ensuring compliance with reporting standards.
Prepared Portfolios of Investment (POIs) on annual, semi-annual, or quarterly basis for fund administration.
Compiled detailed reports for various fund categories, including market values and share counts as of statement date.
Processed and reviewed internal documentation to meet Service Level Agreements effectively.
Maintained production schedules and accuracy files to enhance operational efficiency in fund administration.
Managed client communications and resolved issues promptly for clients such as SSGA, Eaton Vance, UBS, and Calvert.
Education
Master of Business Administration - Accounts & Finance
Pune University
Pune, India01.2016
Bachelor of Commerce - Accounts & Finance
Pune University
Pune, India01.2014
High School Diploma -
Pune University
Pune01-2011
Skills
- Financial reporting and GAAP compliance
- Fundsuite SX and ARC proficiency
- Bloomberg and Refinitiv expertise
- Microsoft Office Suite
- Conflict resolution and de-escalation
- Team collaboration
- Adaptability and agility
- Receptiveness and resourcefulness
Accomplishments
- Star of the year (2024) by State Street for quality performance.
- Deliver Results with Integrity and speed for 2024 year.
- Care for our colleagues, clients and community by state street for work ethical bonding and networking for the year 2024.
Personal Information
- Father's Name: Mr. Vasant
- Mother's Name: Mrs. Pramila
- Date of Birth: 10/03/93
- Gender: Male
Disclaimer
I hereby declare that all the above written are true to by best of my knowledge and belief.
Languages
English
Professional
Hindi
Professional
Marathi
Professional
Hobbies and Interests
- Listing Songs.
- Watching Cricket.
Timeline
Financial Reporting Senior Associate
State Street Corporation
04.2022 - Current
Process Specialist
Infosys BPM Limited ,Hinjewadi,Phase 2
03.2020 - 02.2022
Senior Associate
State Street Syntel Services Private Limited.
06.2016 - 03.2020
Master of Business Administration - Accounts & Finance
Pune University
Bachelor of Commerce - Accounts & Finance
Pune University
High School Diploma -
Pune University
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