Bhavi Parekh

BHAVI PAREKH - MSc. Finance, Chartered Accountant, Bachelors of Commerce -London, United Kingdom SUMMARY Proactively managing financial operations and trade finance, ensuring accuracy and compliance with international currencies and standards. Analysing financial statements and providing timely and accurate reporting to support data-driven decision-making. Expert in credit risk management, with a track record of analysing creditworthiness and portfolio growth. Conduct comprehensive financial audits, ensuring compliance with regulatory standards and enhancing accuracy. EDUCATION PROFESSIONAL EXPERIENCE University of Liverpool Financial Controller, Europa Import Export Ltd. | Aug’23 - Present Master’s of Science in Finance 2022 – 2023 Institute of Chartered Accountants of India Chartered Accountant 2013 – 2018 University of Mumbai Bachelor’s in Commerce 2013 – 2016 SKILLS Credit lifecycle management Risk and reward analysis Data analysis SQL Microsoft Office Suite Unsecured lending Credit risk strategies Policy development Communication skills Relationship building Strategic design Regulatory compliance Efficiency improvement Analytical skills Team Collaboration Providing strategic financial advice to management and stakeholders, aiding in data-driven decision-making. Streamline financial operations, enhancing efficiency and compliance in multi-currency transactions. Implement advanced financial reporting systems, boosting department efficiency and accuracy. Achieve a 15% reduction in operational costs by optimizing financial processes and leveraging analytics tools. Lead and independently manage the company's audit engagement, demonstrating risk assessment and management capabilities. Develop and implement effective internal controls to improve organizational efficiency and compliance. Coordinate with external auditors to ensure accurate and timely financial reporting and compliance with applicable laws, regulations, and standards. Led the monthly and annual consolidation process for multiple subsidiaries, ensuring accurate consolidation of financial statements in compliance with GAAP/IFRS. Credit Analyst, ICICI Bank Ltd. | Oct’20 - Aug’22 Analysed creditworthiness of clients, aiding in credit risk management and portfolio growth. Evaluated financial data and business transactions to build and manage credit portfolios. Minimized risk by interpreting financial trends and statements per bank policies. Underwrote credit proposals across diverse industries, enhancing decision-making. Conducted market and industry research to support client loan sanction decisions. Analysed complex financial statements to identify credit risks, reducing loan default rate by 18%. Streamlined credit evaluation processes, increasing efficiency by 25% and improving client satisfaction. Worked closely with cross-functional teams to develop risk mitigation strategies, safeguarding £20M in assets. Conducted in-depth market research and industry analysis, enhancing decision making for loan sanctions. Led client meetings to present financial analyses, strengthening client relationships and securing high-value accounts. Developed risk assessment models, reducing loan default rates by identifying high-risk clients. CERTIFICATIONS Bloomberg Market Concepts Certification Management and Communication Skills - ICAI Alliances Françaises A2 Advanced Integrated Course IT & SS ICAI COMPUTER SKILLS 1. Accounting Software: Xero QuickBooks Online Sage SAP Oracle Tally 2. Enterprise Resource Planning: Microsoft Dynamics 365 Office Epicor Infor 3. Financial Planning and Analysis (FP&A): IBM Planning Analytics Power BI Tableau SOCIAL CONNECT LinkedIn : ca-bhavi-parekh-b57414b1 PROFESSIONAL EXPERIENCE Senior Associate, Statutory Audit Ernst & Young Ltd. | Feb’19 - Sept’20 Performed comprehensive audits for listed and private clients, ensuring compliance with regulatory standards and financial reporting requirements. Conducted share valuations and prepared detailed reports to inform budgeting strategies based on quarterly financial data. Analyzed the impact of regulatory changes on retail clients, specifically focusing on areas such as revenue and payroll. Led financial audits, improving compliance and accuracy through meticulous ledger scrutiny and strategic planning. Facilitated cross-departmental audit processes, reducing completion time and enhancing team coordination. Implemented advanced data analytics tools to improve audit accuracy and client satisfaction scores. Reviewed complex financial statements to ensure adherence to regulatory standards and minimize compliance risks. Industrial Trainee, Nomura Services India Pvt. Ltd. | Oct’16 - March’18 Enhanced trade reporting accuracy under UK/US GAAP financial standards in derivatives. Supported cross functional teams to streamline financial control procedures. Assisted in achieving precise trade reporting through financial control tasks. Reviewed financial statements and reports, ensuring accuracy and compliance while conducting audits. Assisted finance department with loan sanctioning and disbursement working papers, including preparing CMA data and completing bank proposals and forms. Articled Assistant, Umesh P. Gosar & Associates | Oct’14 - Sept’16 Enhanced trade reporting accuracy under UK/US GAAP financial standards in derivatives. Supported cross functional teams to streamline financial control procedures. Assisted in achieving precise trade reporting through financial control tasks. Reviewed financial statements and reports, ensuring accuracy and compliance while conducting audits. Assisted finance department with loan sanctioning and disbursement working papers, including preparing CMA data and completing bank proposals and forms.