Vaibhav Mahangare
About Vaibhav Mahangare
Vaibhav Mahangare is a Senior Associate at HSBC in London, specializing in accounting solutions for hedge funds with a focus on independent valuation and regulatory compliance. He holds an MBA from the University of Mumbai and has previous experience at SS&C GlobeOp and State Bank of India.
Work at HSBC
Vaibhav Mahangare has been employed at HSBC as a Senior Associate since 2016. In this role, he specializes in providing accounting solutions tailored specifically for hedge funds. His responsibilities include independent valuation and ensuring regulatory compliance. He has developed expertise in calculating daily Net Asset Value (NAV) and performing Profit & Loss (P&L) analysis for hedge funds. Additionally, he conducts thorough reviews of large P&L swings and analyzes income and expense journals to ensure financial accuracy.
Previous Experience
Prior to his current position at HSBC, Vaibhav Mahangare worked at SS&C GlobeOp as an Associate from 2014 to 2016. His role involved handling the accrual of daily or monthly non-security related expenses, including management fees and financing accruals. He also completed summer internships at the State Bank of India and Bank of India in 2013, where he was responsible for reconciling financial data and calculating management and performance fees.
Education and Expertise
Vaibhav Mahangare studied at the University of Mumbai, where he earned a Master of Business Administration (MBA) in Management Studies and Finance from 2012 to 2014. He also studied at Dr. D.Y. Patil Institute of Management. His educational background provides a strong foundation for his expertise in financial analysis, regulatory compliance, and accounting solutions for hedge funds.
Skills in Financial Analysis
Vaibhav Mahangare possesses extensive skills in financial analysis, particularly in the hedge fund sector. He is experienced in calculating management and performance fees and allocating income and expenses among investors based on capital percentages. His work also includes providing audit support and assisting hedge funds in preparing financial statements, demonstrating his proficiency in the financial services industry.