CA Ashish Shah

CEO

India19 yrs 8 mos experience

Highly Stable

Key Highlights

Expert in Fund Accounting and NAV calculations.
Strong compliance adherence with AIFMD and MIFID II.
Proven track record in managing investor relations.

Stackforce AI infers this person is a Fintech professional with expertise in fund management and compliance.

Contact

Skills

Core Skills

Fund AccountingComplianceClient Relationship ManagementFund Documentation

Other Skills

Fund Accounting- NAV CalculationHedge Fund ManagementTrade OperationsAIF-Alternative Investment FundPrivate Equity & Venture CapitalsFund Documentation & MIS ReportingProcess Management/TransitionPerformance AnalyticsAnalytical SkillsAuditingFinanceFinancial AccountingFinancial AnalysisBudgetingMicrosoft Office

About

As an achievement-driven Finance Lead, I bring extensive experience in managing Fund Accounting activities, formation of companies, NAV, Trade Operations, Private Equity & Venture Capitals, MIS Reporting, Audit review, and trade reconciliation and settlement. Currently, I contribute my expertise to Altavista Capital as the Finance Lead, reporting directly to the CIO / COO. My comprehensive expertise spans managing Active Funds, Finance & Operations, Transitioning Process & Fund Accounting, with a strong background in implementing process improvements & quality initiatives for optimal performance. I am a client-centric, multi-functional expert, maintaining excellent relations with investors, service providers, and banks, with knowledge in orderly wind down and liquidation of funds and management entities. I showcase strong compliance adherence, playing a pivotal role in assisting the COO with AIFMD & MIFID II compliance for the UK-based FCA regulated Investment Manager. Forward-focused and adept at timely deliverables, I am a problem-solver with strong analytical, communication, and negotiation skills, consistently driving success in challenging environments.

Experience

19 yrs 8 mos

Total Experience

5 yrs 11 mos

Average Tenure

1 yr 11 mos

Current Experience

Valentis advisors pvt ltd

Head of Business Operations and Compliance

Jun 2024 – Present · 1 yr 11 mos · Mumbai, Maharashtra, India · On-site

Fund Accounting- NAV CalculationHedge Fund ManagementTrade OperationsAIF-Alternative Investment FundPrivate Equity & Venture CapitalsFund Documentation & MIS Reporting+12

Altavista capital advisory services pvt ltd

Finance Lead - reporting to the CIO / COO of the company

Jul 2009 – May 2024 · 14 yrs 10 mos · Mumbai, Maharashtra, India · On-site

Incorporation: Showcasing experience in coordinating the formation of various fund and management entities
Service Provider Selection: Effectively assisted with the appointment of key service providers such as lawyers, auditors, administrators, prime brokers, execution brokers, compliance consultants, tax advisors, etc.
Fund Documentation: Managing the fund documentation in coordination with lawyers for the preparation and review of all fund documents such as PPM, Investment Management Agreement, Prime Broker Agreement, Administrator Agreement, etc.
Account opening: Coordinating the opening of accounts with the banks, custodians, prime brokers etc.
Trade: Administering financial accounting functions, involving trade functions, preparing, booking, reconciliation and settlement of trades.
NAV: Preparing daily shadow NAV of the various funds; reviewing and approving monthly NAV prepared by the third-party administrators of the funds.
Performance analytics: Updated analytics MIS for the funds and generated reports for the investment team such as position wise IRR; performance attribution by geography, sector, market cap; portfolio metrics such as alpha/beta, portfolio turnover, sharpe ratio, drawdown analysis, etc.
Establishing cordial Investor Relations: Reviewing monthly investor statements; monitoring investor queries; subscriptions & redemptions; Assisting in preparation of quarterly newsletters by providing the required performance analytics.
Coordinating with administrator & auditors for the preparation and annual audit of the fund financial statements.
Governance: Preparation of board packs for the quarterly board meetings; Attending the board meetings; Reviewing the minutes prepared by the Company Secretary to ensure all key points were captured.
Operational Due Diligence (ODD): ODD for Fund of Fund investments in Private Equity and Venture Capital Funds.

Analytical SkillsAuditingFinanceFinancial AccountingFinancial AnalysisBudgeting+11

New horizon investments

Operations Analyst

Nov 2007 – Jul 2009 · 1 yr 8 mos · Mumbai, Maharashtra, India · On-site

Adhered compliance of the fund and investment manager as per the SEBI and Mauritian regulatory requirements.
Effectively incorporated new company in India ‘New Horizon Wealth Management Pvt. Ltd.’ to set-up portfolio management services business. Also assisted in applying for and obtained the portfolio management services license from SEBI.
Worked in coordination with brokers in the execution of trades.
Initiated & negotiated warehousing of stocks with brokers for the fund and ensured transfer of the warehoused stock.
Actively involved in the migration of Funds from Cayman Islands to Mauritius.

Analytical SkillsAuditingFinanceFinancial AccountingFinancial AnalysisBudgeting+2

Ss&c globeop

Associate

Aug 2006 – Nov 2007 · 1 yr 3 mos · Mumbai, Maharashtra, India · On-site

Responsible for various functions such as calculation and issuance of daily NAV; Generation of daily profit and loss reports as well as reconciliation of trades.
Accountable for the consolidation, monthly financial closing & reporting to Manager.

Fund AdministrationFund Accounting