Piotr Frydrych

- Regular IPV & reserves reporting - consolidation of results for senior valuations
committees (Market Valuation Committee, Executive Valuations Committee).
- Ensure appropriate governance around submission of mandatory IPV documentation
(monthly IPV Memos, compliance statements).
- Identify process improvement opportunities to gain efficiency and to reduce manual
spread sheet controls. Support testing of new processes and procedures.
- Valuation governance & execution include functions such as independent price
verification (IPV), Valuation Adjustment, Model Validation, Prudential Valuation.
- Development and management of suitable controls around applicable accounting
constraints, with the primary focus on controls around IPV& Reserving reporting.
- SOX testing of controls within IPV & Reporting.
- Commentary of IPV results, including confirmation of prices with external data
providers and the Front Office.
- CVA calculation for derivatives contracts.
- Participation in Transition process of Additional Valuation Adjustment (AVA) to
Poland.

• Ensure funds are operating within the Regulatory and constitutional documentation guidelines and ensuring completeness and accuracy of compliance reviews
• Ensure adherence to all trustee policies & procedures
• Process cash transactions (including payments and receipts from fund accounts for creations / cancellations and distributions)
• Monitor compliance with investment and borrowing restrictions
• Perform comprehensive independent reviews of Net Asset Valuations
• Provide assistance during on-site inspections
• Liaise with other departments to ensure error/breaches are recorded and resolved in a timely manner
• Respond to enquiries within established timeframes and in a professional manner, ensuring that our clients receive outstanding customer service at all times.
• Recording breaches in line with regulatory requirements, corresponding with management company as required.
• Reviewing of semi and annual accounts

Preparation of semi-annual and annual accounts with appropriate accounting standards, relevant SORP’s (OEIC, Rensburg, Morgan Stanley, Liontrust, Legg Mason etc.), Maintenance of the fund’s financial books and records, assuring the proper dividend and interest are received, calculation of the funds income and expense accruals, Liaise with internal and external parties including clients, auditors, tax consultants, Other project work and ad-hoc tasks like ensuring funds prices are accurate and delivered to the client in a timely fashion.The Fund Accountant is the central point of contact for all accounting support functions and analyses the information received making sure any discrepancy is monitored and resolved professionally.

-Preparation of financial statements for annual and interim cycle
-Bookcost reconciliation
-Verification of Units/Shares in issue
-Verification of UK and overseas dividends
-Verification of FOF income streaming
-Verification of fixed interest income
-Verification of bank interests
-Verification of expenses
-Capital and Income cash reviews
-Bank reconciliations
-Verification of Open Trades
-Verification of Open FX’s
-Completion of income split between classes
-Currency analysis
-TER calculation
-Closing NAV reviews
-Completion of period end journals and impacts

Fund accountant (April 2013) – one week training across State Street (Blackrock)

- Calculating the net asset value of funds by processing daily accounting related
functions to ensure fund prices are accurate and delivered to the client in a
timely fashion
Analyzing the information received, monitoring and resolving discrepancies
Being the central point of contact for all accounting support functions
Performing reconciliations