Accounting Financial Analyst

RUSLAN KLASSEN

EXPERIENCE

Centre Lane Partners, LLC– Private Equity and Private Credit Funds, New York, NY September 2017 - Current Senior Fund Accountant

Review financial statements prepared by accounting administrators for multiple private equity, hybrid and credit funds. Maintain shadow books in Investran.

Review investor capital calls, distributions, quarterly partner statements and deal specific customized reports.

Prepare waterfall, preferred returns, carried interest and management fee calculations.

Review management company accounting and expenses allocation to individual funds. Draft expense allocation policy and accounting procedures.

Work with investment and portfolio operations teams on allocating deals across investment vehicles.

Interface with external auditors and tax professionals as well as supervise the funds’ administrators to manage the process of completing annual audits, tax returns and distribution of schedule K-1’s.

Analyze and maintain fund track record and performance metrics schedules for new fund PPMs and provide ad hoc reports to the investment team and senior management including CFO and for FP&A projects.

Perform trade closings for multiple credit portfolio investments. Execute loan closings and fundings, serve as liaison between funds’ deal teams and third-party closing agents, attorneys. Perform other financial tasks related to the portfolio such as; processing advances, LIBOR rollover, paydowns. Ensure that loan documentation, closing, and servicing meet all regulatory requirements. Act as an agent on First/Second lien loans.

Responsible for leverage/credit facilities compliance and lender reporting with three different banks, preparing compliance packages, borrowing base calculations. Participate in credit line increase process with lender banks.

Manage and coordinate fund administrators’ workflow, assign and review administrator deliverables.

Liaison to investor relations team and directly to investors depending on nature of investor inquiries. Developed procedures for addressing investor questions and requests in a standardized way.

Work with IT team to ensure accounting system functionality and data accuracy. Participate in company migration from QuickBooks to Investran: review data reconciliation, develop reports, allocation rules and custom entries.

On-board new funds: review LPAs, subscription documents and side letters to ensure accurate LP reporting.

Train and supervise staff accountants and management company accounting associates. Gen II Fund Services, LLC– Fund Administration Services, New York, NY October 2015 – September 2017 Senior Fund Accountant

Overseeing full cycle of month-end and year-end close activities and reporting processes for three private equity clients with various investments’ types and funds’ structures.

Manage and monitor the quality and timeliness of client deliverables, including work paper products, cash flow analysis, investment gross/net IRR returns, consolidated quarterly and annual financial statements, partner capital statements, partner capital activity notices for distributions and capital calls, K-1s and ad-hoc requests.

Provide a comprehensive technical fund accounting knowledge to clients and review clients’ LPAs; PPMs.

Interact directly with client senior management and coordinate work with tax group, management accounting team, IT department and banks. Assist in developing and communicating accounting policy and procedures.

Review performance measures on fund and investor levels and fund portfolio basis for reporting purposes.

Plan and coordinate annual audit and tax engagements. Review investor K-1 schedules.

Commence portfolio accounting for new funds, assist in processing private transaction closes.

Execute capital calls and distributions- review notices and updates in investor

Analyze portfolio investments financials, PCAPs and resolve variances.

Identify and research financial reporting issues for new clients, support clients with continuous improvements initiatives and establishment of procedures as needed. Auda International LLC – Private Equity Fund of Funds, New York, NY September 2012 – October 2015 Fund Accountant

Responsible for preparation of quarterly and annual financial statement packages, including preparation of individual partner capital statements and preparation of ad-hoc investor reports.

Manage day-to-day accounting processes for 7 private equity funds of funds and 8 managed accounts; this includes booking capital calls and distribution, review of FX trades, and review of proper allocations of fund expenses. Oversee cash position/projection reports and participate in the review of the annual budgets.

Prepare GAAP analysis and calculations for capital calls from and distributions to investors. Draft notices and facilitate delivery to investors through SunGard Data Exchange/Investment Café platforms.

Evaluated accuracy of waterfall models to ensure allocations of carried interest in accordance with LPAs.

Maintain shadow accounting on cost recovery basis and produced customized reports for eight managed accounts.

Improved the quarterly closing process by implementing control procedures and standardized reporting, which enabled the funds to close on the first business day of the quarter. This process streamlined and created efficiencies in the FS packages, valuations and IRR calculations. Created templates in Investran Reporting to ensure uniformity of reports. Standardized reporting packages between funds to improve review process. Russtel S.A. LTD – International VOIP Calling Company, New York, NY November 2009 – September 2012 Accountant/Financial Analyst

Prepared and reviewed monthly, quarterly, year-end financials. Assisted auditors with year-end financial audit.

Responsible credit risk evaluation through COFACE Insurance tools and FX risks evaluation. Approved and enforced allowed credit limit for each client based on risk level.

Initiated the amendment of client contracts to enhance transparency of billing and payments. Responsible for reconciling billing and financial disputes with clients/vendors to ensure timely AR collections.

Supervised and maintained effective financial and internal controls.

Established and implemented short and long-range departmental goals, objectives, policies, and procedures.

Initiated and negotiated debt restructuring with major vendors. Managed delinquent accounts collections process. EDUCATION

Binghamton University, State University of New York December 2008 BA in Financial Accounting; Major GPA 3.65; Cumulative GPA 3.50 COMPUTER SKILLS

Investran suite: accounting, reporting wizard, reporting services; SunGard Data Exchange; SQL, QuickBooks; E-front Investment Café; Intacct cloud-based fund accounting applications; ClearPar/Markit platforms. Strong MS Office skills. LANGUAGES

Russian (native), German (fluent), Turkish and Kazakh (spoken)

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