Precision in NAV isn't about numbers — it's about investor trust.
I'm Rehaman Shaik. Over 8 years in hedge fund accounting and NAV oversight across J.P. Morgan and State Street — delivering error-free valuations for some of the world's leading investment funds, and building hedgefundaccountant.online to teach the craft to the next generation.
Eight years making valuations investors can trust
I've spent my career on the accounting book of record — from reconciliations analyst to managing NAV production for $15B+ in client assets. Across J.P. Morgan and State Street I've built a proven record of 100% accurate NAV delivery, while enhancing operational efficiency by 30% and cutting reconciliation breaks by more than 50% through stronger controls and disciplined break investigation.
My specialisation runs across P&L validation, investor allocations, break resolution, pricing and reconciliations — cash, position and market-value controls that keep the whole valuation process accurate end to end. That extends into management and incentive fee calculations, NAV production, and capital-activity oversight.
As a people-focused leader, I've mentored and developed 20+ accountants — bridging knowledge gaps, strengthening controls, and cultivating a culture of ownership and analytical rigour. I believe precision in NAV isn't just about the numbers; it's about investor trust, fund integrity, and the reputation we build with every valuation.
A full lifecycle in fund servicing
From team member to manager — every seat in the fund accounting function, across two of the largest servicers in the industry.
- Managing a team of fund accountants, driving accountability and process excellence.
- Supervising GAV/NAV calculations — trading & non-trading accruals, management and performance fees, valuation adjustments.
- Overseeing cash, position and price reconciliations; resolving exceptions and protecting data integrity.
- Driving automation and process enhancements — ~30% efficiency improvement through workflow optimisation.
- Partnering with senior leadership on risk reviews and control testing for robust governance and zero audit exceptions.
- Managed monthly NAV production and review — ensuring accuracy and timely delivery to clients.
- Conducted pricing analysis and valuation of portfolio securities across multiple asset classes.
- Collaborated across internal teams to resolve reconciliation breaks and enhance process efficiency.
- Supported financing activities with proper accounting treatment and compliance with internal controls.
- Streamlined reporting workflows and improved data accuracy; contributed to internal audits and client reporting with high standards of transparency and regulatory adherence.
What I work on
The areas I practise in production every day — and teach on the platform.
NAV Production & Oversight
GAV/NAV calculation end to end: pricing, accruals, valuation adjustments, review packs, error policy and timely SLA delivery.
Reconciliations & Controls
Cash, position and market-value recs across prime brokers and custodians. Break investigation, exception resolution, data integrity.
Fee Computation
Management and incentive/performance fees — high-water marks, hurdles, crystallisation and equalisation.
P&L Validation & Allocations
Profit & loss validation, capital-activity oversight and investor allocations across capital accounts and share classes.
Process Automation
Workflow optimisation and exception reduction — the source of my 30% efficiency and 50%+ break-reduction results.
Risk, Governance & Audit
Control testing, risk reviews and audit readiness — partnering with leadership for zero audit exceptions.
hedgefundaccountant.online
Most fund accounting material is either academic or locked behind paywalls. I built the resource I wished existed when I started — practitioner-level, exam-driven, and free for anyone.
A complete hedge fund accounting course built from the ground up: 13 structured modules covering fund structures, NAV calculation, reconciliations, investor allocations, fee mechanics, derivatives, fixed income, valuation, private credit and CLOs.
Every chapter is backed by practice questions with worked explanations, module and final exams, and interactive calculators — a full NAV builder, incentive fee with HWM and hurdle, equalisation, bond YTM, futures and swap MTM.
Foundations in finance & management
Institute of Management Technology, Ghaziabad
Emeralds Advanced Institute of Management Studies, Tirupathi
Licenses & certifications
Ongoing learning across AI-driven finance tooling and the fundamentals of capital markets, derivatives and fund operations.
Stock Market Using AI
Generative AI Mastermind
Python
AI Tools Workshop
Financial Accounting Foundations
Introduction to Finance, Accounting, Modeling & Valuation
Financial Derivatives
Structured Finance — Credit Derivatives
Technical Analysis
Certified Investment Banking Operations (CIBOP)
What colleagues say
Endorsements from managers and teammates across JP Morgan and State Street, taken from LinkedIn recommendations.
I had the privilege of managing Rehaman at JP Morgan, and I can confidently say that he is one of the most reliable, thoughtful, and high-performing team members I’ve worked with. From day one, he brought a strong work ethic, a proactive attitude, and a genuine curiosity that drove results and inspired those around him.
I had the pleasure of working with Rehaman Shaik at State Street, and I can confidently say he is a dedicated and detail-oriented professional. Rehaman consistently brought a strong work ethic and deep knowledge of financial operations to the table. His ability to collaborate across teams and take ownership of complex tasks made him a valuable asset to the project. His positive attitude and willingness to go the extra mile truly set him apart. I highly recommend Rehaman for any opportunity that values integrity, analytical skills, and a team-first mindset.
While I didn’t work directly with Rehaman Shaik at State Street, I’ve consistently heard great feedback about his professionalism and contributions across different teams. He’s known for his adaptability, domain knowledge, and positive attitude. A dedicated professional who adds real value wherever he works.
Rehaman is an amazing person demonstrated with vast knowledge in multiple skills — he can do things in an elegant way. He is a very good leader anyone can approach. I’m recommending his skills highly. All the very best.
Let's talk fund accounting
Open to new opportunities in hedge fund accounting and NAV oversight. If you’re hiring — or just want to talk fund accounting — the best way to reach me is LinkedIn.