Parshv Jain

Business Development Executive

Dartmouth, Nova Scotia, Canada17 yrs 1 mo experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 10 years of experience in accounting and taxation.
Expert in managing full-cycle accounting processes.
Proven track record in internal audits and compliance.

Stackforce AI infers this person is a Chartered Accountant with expertise in Financial Services and Compliance.

Contact

parshv.jain@marsh.com LinkedIn

Skills

Core Skills

Financial ReportingAccountingInternal AuditsRisk ManagementTax Compliance

Other Skills

Account ManagementAccount ReconciliationBudgetingGenerally Accepted Accounting Principles (GAAP)Goods and Services Tax (GST)Income TaxInternational Financial Reporting Standards (IFRS)Microsoft ExcelMicrosoft OfficeTax Preparation

About

I am a Chartered Accountant with over 10 years of experience in taxation, accounting, and both statutory and internal audits. Currently, I work as an Accounts Manager at Marsh, where I oversee full-cycle accounting and ensure regulatory compliance for their group captive insurance clients. In my previous role as an Internal Auditor at PNB Housing Finance Ltd in Delhi, India, I was responsible for managing the timely release of quarterly internal audit reports for various branches across India. I played a key role in resolving audit issues and recommending business strategies to prevent errors and fraud. In my earlier associations with industry and consulting firms, I was deeply involved in full-cycle accounting, managing tax returns and tax matters, and conducting statutory and internal audits. My expertise and commitment allow me to successfully navigate complex financial environments and consistently drive positive outcomes. I hope you find my profile interesting, and if you would like to learn more, please take a look at my resume for additional details.

Experience

Marsh canada limited

2 roles

Account Manager

Oct 2024 – Present · 1 yr 5 mos · Halifax, Nova Scotia, Canada

Senior Accountant

Sep 2022 – Oct 2024 · 2 yrs 1 mo · Halifax, Nova Scotia, Canada

Managed full cycle accounting for Group Captive Insurance companies (United States, Cayman Island)
Oversaw preparation and distribution of monthly, quarterly, and annual Financial Statements
Facilitated preparation and distribution of monthly budgeting and cash flow statements
Collaborated with AP team and banks to address payment processing issues, ensuring FATCA compliance and collecting W-9/W-8BEN
Coordinated with auditors for timely completion of annual audits
Cultivated client relationships, coordinating with various stakeholders for timely project completion
Orchestrated the collection of financial data from Actuaries, claim management companies, reinsurance companies, brokers, and banks
Implemented follow-ups for unpaid invoices, collateral, and letters of credit
Coordinated renewal of agreements and engagement letters
Managed communication with banks for outgoing and incoming Letters of Credit
Facilitated onboarding processes for members
Prepared various returns and reports, coordinating with Tax authorities (IRS) and regulators for timely submissions
Coordinated client board meetings, handling invitations, proxies, presentations, meeting minutes, etc

Generally Accepted Accounting Principles (GAAP)Microsoft OfficeFinancial ReportingBudgetingAccount ReconciliationAccount Management+3

Pnb housing finance limited

Internal Auditor

Jul 2019 – Jun 2022 · 2 yrs 11 mos · Delhi, India

Coordinated with team members to ensure the timely completion of audits, covering planning, fieldwork, reporting, archiving, and post-audit remedial follow-ups
Conducted internal audits encompassing underwriting, branch operations, and various support functions such as information technology, collection & recovery, regulatory governance, risk management, securitization, and human resources
Assisted the Head of Internal Audit in special investigations and developing a risk-based audit plan in accordance with internal audit policy
Conducted meetings with auditees to understand business processes, discussed findings and recommendations with process owners and management. Addressed high-risk issues and audit status with the Head of Internal Audit, and collaborated with external auditors on shared concerns
Suggested changes in the Risk & Control Matrix (RCM) based on process understanding and the COSO framework (equivalent to SOX)
Managed the audit automation project at the pan-India level, overseeing the implementation of computer-aided audit techniques for automating audit testing. Evaluated tools such as CaseWare-IDEA, Analyzer-ARBUTUS, and Cognos-IBM

Microsoft OfficeInternal AuditsMicrosoft ExcelRisk Management

Health & happiness pvt ltd

Finance Executive

May 2018 – Jul 2019 · 1 yr 2 mos · Delhi, India

 Managed day to day accounting and month end closing of books with team of about 5-7 in respect of following areas:
accounts receivables & revenue recognition
inventory valuation & its provisioning
Preparation of MIS report
 Periodic scrutiny of general ledger and balances to ensure that accounts reflect correct position of balances
 Preparing schedules for audits including financial statements
 Coordinate with staff for timely completion of audit work; reviews audit work papers before submitting to auditors.
 Gained understanding of Ind-AS 115, Ind-AS 116

Generally Accepted Accounting Principles (GAAP)Microsoft OfficeFinancial ReportingBudgetingAccount ReconciliationAccount Management+3

Bazel international ltd.

Account Executive

May 2017 – Apr 2018 · 11 mos · Defence Colony, New Delhi

 Responsible for implementation of compliances of newly introduced Goods & Services Tax laws (GST) and its training to all staff
 Ensuring GST compliances for GST payments, invoicing and return filing
 Prepared the complete set of financial statements to ensure compliances with all accounting principles and standards
 Reviewed changes in legal, tax, accounting standards and procedural requirements affecting auditing processes and financial reporting as per the GAAPs and SEBI regulations

Generally Accepted Accounting Principles (GAAP)Microsoft OfficeFinancial ReportingIncome TaxAccount ReconciliationGoods and Services Tax (GST)+6

Agarwal subhash & co.

Audit Assistant

Jun 2013 – May 2017 · 3 yrs 11 mos · Delhi

 Managed and executed statutory audit under GAAP and tax audits for various corporation
 Analyzed and reviewed the complete set of financial statements to ensure compliances with all accounting principles and standards
 Bookkeeping of corporations, firms, society, trusts etc.
 Involved in tax planning & filing of tax return of Individuals, Partnership firms and corporations
 Replied to various notices received from Indian Tax & Revenue Authorities

Generally Accepted Accounting Principles (GAAP)Microsoft OfficeFinancial ReportingIncome TaxBudgetingAccount Reconciliation+7

Samsand & associates

Article and Audit Assistant

Sep 2008 – May 2013 · 4 yrs 8 mos · Delhi Area, India

 Statutory Audit of PSUs, Real Estate and Construction Companies
 Assisted in Credit Monitoring Arrangement (CMA) projects
 Involved in tax planning & filing of tax return of Individuals, Partnership firms and corporations

Generally Accepted Accounting Principles (GAAP)Microsoft OfficeFinancial ReportingIncome TaxAccount ReconciliationGoods and Services Tax (GST)+6