Mit Desai Email & Phone Number

Iselin, New Jersey, US

New York, NY, US

New York, NY, US

• Oversaw reconciliation of daily and monthly NAVs provided by various funds’ administrators
• Prepared packages of customized statements for investor capital accounts. Reviewed those prepared by others
• Managed the calculation and preparation of daily, weekly and monthly net asset values, including management fee calculation, performance fee, cash flow projections, trade execution and settlement oversight
• Assisted with preparation off yearend financial statements in accordance with US GAAP; primary liaison for funds’ internal and external auditors and tax professionals
• Supported portfolio managers with development of specific management reports
• Reviewed trade confirmations to confirm terms of agreement

GB

• Conducted audit and provided related services to a variety of banking, capital market and hedge fund clients. (Cowen Group, Barclay’s Capital, StormHarbour Partners LP, New York Life Investment Management LLC.)
• Planned for concurrent audits by understanding the market, identifying the clients' strategy and value creating activities, regulatory requirements, and risk assessment. Coordinated and reviewed fieldwork
• Evaluated Company’s account policies & guidelines to ensure conformity with financial reporting standards (e.g., subject to GAAP and/or IFRS reporting standards)
• Performed a preliminary & final analytical review for the balance sheet, P&L, and cash flow
• Facilitated daily communications of open issues between the audit team and the client, as well as, weekly status updates involving management, fund accounting, custody and financial reporting
• Advised on drafting financial statements and offered guidance on required financial statement disclosures

New York, New York, US

• Prepared and analyzed portfolio position reconciliations to ensure holdings can be reconciled to the prime broker, client, custodian, and/or counterparties
• Researched and resolved issues discovered in the portfolio and cash reconciliations
• Worked closely with management to identify and implement efficiencies in the process
• Managed an offshore team & provided support with the daily and monthly procedures
• Provided supporting documentation for annual and interim audit requests
• Prepared monthly NAVs for a multi-billion dollar hedge fund, comprised of Futures, Long/Short equities, Options, Fixed Income securities and Bank debt instruments.

Newark, New Jersey, US

Chicago, Illinois, US

• Review and analyze financial statements and key ratios for franchisees as of part of their business review
• Responsible for Actual vs. Projection analysis for new and rebuilt stores
• Analyze excess property accounts receivables, reserves, and impairment
• Prepare financial reports utilized by leadership team
• Review balance sheet flux reports for SOX sign-offs
• Actively participate in regional leadership and staff meetings

New York, US

• Work directly with Treasury Department Manager and assist in maintaining daily cash management procedures
• Responsible for maintaining buyback program needs of nationwide Barnes & Noble College Bookstores
• Assist with analyzing Treasury Department’s weekly cash flow forecasting and costs savings procedures
• Responsible for weekly obligations with forecasting, cash management, and assisting store managers with buyback needs in a timely and courteous manner