Durgesh Jha

Dynamic & result oriented Accounts Professional with over 10+ years of comprehensive experience in handling accounting functions and Fund Accounting in Private Equity with keen eye on accuracy, authenticity and ability to work under pressures with reputation of unwavering accuracy, credibility and integrity

Apex Fund Services LLP Jul 2021 – Till dateRole

• Recording the Credit activities (Drawdowns, Paydowns, Rollovers and GC) in Geneva application for securities like TL, DD, RV for the funds allotted.
• Preparation of Capital activities included Capital Call, Distribution notices to Investors.
• Involved in the end-to-end activities involved in the preparation of partner’s capital account statement which include Cash Reconciliations, Position reconciliation and Interest recon with Client report and Loan-ops file.
• Reviewing the accrual posting during the month end and posting reclassification entries in Geneva.
• Ensure all valuations are done as mentioned in Limited Partners Agreement and expenses are calculated accurately.
• Preparing the Management Fees and Performance fee as per the LPA or side letters. 
• Responsibility is to understand the Audit queries and then provide solutions.
• Funds NAV calculated on Geneva application & Investor Statements prepared on the Investran.
• Calculation of Quarterly Income distribution.
• Preparing monthly/quarterly IRR, ROA & ROE reports.
• Investran
• Creation of new deals, positions and strategy.
• Tagging of legal entities with respective deals and positions.
• Posting user defined Journals entries.
• Posting bulk journals entries with the help of DIU template.
• Bridge AT (Automatic Transfer), Fund allocation and posting Partner’s transfer.
• Generating Partner’s Capital account statement, Financial Statement and Capital activities through Reporting Services.
• Creation of Investors and Investor specific details, like LP number, contact details and Commitment update.

Bachelor in Commerce