Pallavi Patel, Cfa, Cpa, Cma Email & Phone Number

Toronto, Canada Area

Toronto, Ontario, Canada

Conducted independent control and risk assessments; provided education on controls and emerging risks and support business development and change.· Developed and executed tests for fund accounting department’s operational and regulatory controls.· Performed process/control design reviews to ensure risks are correctly identified and managed.· Analyzed significant operational risk events and errors, identified root causes.· Produced monthly management reporting of control testing results and other key risk and control metrics.

Toronto, Canada Area

Tested migration of book of business, from Mpower to Simcorp, for daily NAV process. · Reviewed validations and controls of daily NAV process in Dimension.· Tested custodian cash reconciliation setup in Dimension.· Tested new fund/series launch, fund/series terminations. · Resolved daily issues with batch processes.

Toronto, Canada Area

Managed the team responsible for cash, position and pending foreign exchange reconciliations for hedge funds.· Developed and trained a new team focusing on reconciliations; and creating capacity for teams within my department as a result. · Maintained relationships with clients and provided highly valued client service.· Supported audits, financial statement preparation, new fund launches and technology initiatives.· Trained and developed employees.

Etobicoke, Ontario

Forecasted short-term cash flow and completed various cash and ledger reconciliations ensuring compliance with internal controls. · Reported net daily cash flow requirements to Corporate Treasury.· Processed foreign exchange trade for payroll funded in USD and paid in CAD, GBP or EUR.· Provided support for Money Movement System projects, month-end reporting, and participated in team initiatives to standardize processes and find efficiencies.

Managed a team responsible for accounting and NAV calculation of complex hedge funds. Ensured accuracy and timely completion of various month-end and ad-hoc reports. Worked with other departments on matters related to audit, compliance, tax and financial statement preparation.· Reviewed new fund set- up, closure, conversion, and transfer-in kind transactions in Multi Currency Hirzon.· Led implementation of fund oversight after daily fund activities were outsourced to joint-venture.· Reviewed income, expense, management fee and incentive fee allocations, general ledger related and daily account activity review.· Provided systesm training and skills development opportunities for employees.

Cfa, Finance And Financial Management Services

Cma Designation, Accounting

Bachelor Of Commerce (Bcom), Accounting