CMA Amit Kumar Verma

CMA Amit Kumar Verma is a finance and investment accounting professional with expertise in fund accounting, NAV calculation, financial reporting, portfolio reconciliation, investment transactions and US GAAP. He is a Member of the Institute of Cost Accountants of India (ICMAI) and is currently working as a Senior Fund Accountant at Banc of California, New York.

With experience in managing investment accounting activities for portfolios involving $75 million+ in investment assets, CMA Amit Kumar Verma combines strong accounting knowledge with analytical and reconciliation skills to ensure accuracy, compliance and timely financial reporting.

Professional Profile

In his current role as Senior Fund Accountant, CMA Amit Kumar Verma is responsible for preparing Net Asset Value (NAV) calculations, journal entries and fund schedules supporting investment assets exceeding $75 million.

His responsibilities also include detailed reconciliation of cash, investment positions, portfolios and accounts, identifying accounting breaks and resolving discrepancies to maintain the integrity of financial records.

Financial Reporting & NAV

His responsibilities include preparing weekly and monthly US GAAP financial statements and supporting timely month-end closing activities.

He also analyses more than $1 million in annual fund expenses and investment activity, supporting accurate accrual calculations, expense recognition and NAV reporting.

Core Areas of Expertise

Fund Accounting

NAV Calculation & Reporting

Investment Accounting

Portfolio Reconciliation

Cash & Position Reconciliation

US GAAP Financial Reporting

Journal Entries

Fund Schedules