Ajeet Kumar
About Ajeet Kumar
Ajeet Kumar is a Senior Fund Accountant with extensive experience in cash management and account reconciliation. He has worked for various companies, including Indus Valley Partners and NTT DATA Services, and holds a Bachelor of Commerce degree from Kalinga University.
Work at Indus Valley Partners
Ajeet Kumar has been employed at Indus Valley Partners as a Senior Fund Accountant since 2022. His responsibilities include managing daily cash flow of trades and monitoring fund cash-flows as part of cash management. He prepares monthly financial reporting packages for hedge funds, which involve determining the Net Asset Value and preparing the Statement of Assets and Liabilities, as well as the Profit and Loss Statement.
Previous Experience in Fund Accounting
Prior to his current role, Ajeet Kumar worked at NTT DATA Services as a Senior Fund Accountant from 2021 to 2022. He also held the position of Accounting Associate at SS&C Technologies from 2020 to 2021. His experience includes performing daily, monthly, quarterly, and annual reconciliation of accounts between Geneva and Custodian/Prime Broker, as well as providing functional support on client configurations and data loads.
Early Career Background
Ajeet Kumar began his career at Silverskills Private Limited, where he worked as an Associate from 2017 to 2019. He also briefly worked at Genpact as a Process Developer in 2019 for five months. This diverse background has contributed to his expertise in fund accounting and financial reporting.
Education and Qualifications
Ajeet Kumar holds a Bachelor of Commerce (BCom) degree from Kalinga University, Raipur, which he completed from 2013 to 2016. His academic background in Business and Commerce has provided him with a solid foundation for his career in finance and accounting.
Key Responsibilities and Skills
In his roles, Ajeet Kumar has successfully ensured that fund income and expenses, including management and performance fees, are accrued in accordance with relevant accounting standards. He has also assisted with new client onboarding and implementations, ensuring that accounting packages are accurate and thorough.