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Paresh Panchal
CA, ISA, ISB, LLB, Dip. In IFRS (ACCA, UK), Dip In Cyber Laws
Mumbai,MH
Summary
Finance Director leading strategic finance, MIS reporting, and system controls across 3–4 annual planning cycles for budgeting, forecasting, variance analysis, and multi-year planning. Coordinates 3–5 statutory, internal, transfer pricing, IFC, income tax, and GST audits per year while supporting payroll, contractual reviews, procurement, and statutory compliance. Strengthens cash flow through billing oversight and management of 25–50 receivables accounts, process automation, and supports government business sourcing through the tender function.
Overview
6
6
Languages
12
12
Certifications
29
29
years of professional experience
Work History
Finance Director
Scarecrow M&C Saatchi Limited (M&C Saatchi Group, UK)
01.2020 - Current
- - Handling responsibilities of Company’s strategic finance and reporting to M&C Saatchi Regional and Global office, Robust IT Implementation of System Controls
- - Managed budgets, forecasts, actuals reporting, variance analysis, and MIS to ensure financial accuracy and strategic decision-making.
- - Three year and five-year plans, strategy and planning.
- - Liaison and completion of all applicable audits like Internal Audit, Statutory Audit, Transfer Pricing Audit, IFC Audit, Income Tax Audit, and GST Audit.
- - Supervised procurement processes for administrative, information technology, and human resources, ensuring alignment with organizational goals.
- - Coordinated with account management team on billing and outstanding receivables, optimizing cash flow and client relationships.
- - Since July 2023, the Tender Department headed for sourcing Government Business.
- - Process improvements, automation and digitalization.
- International communications network, headquartered in London. Serving as a Finance Director (Areas: Finance plus IT and Legal)
Visiting Faculty
The Institute of Chartered Accountants of India
04.2013 - Current
- - Serving as a visiting faculty for Advanced Information Technology Training and for IS Audits to train qualified Chartered Accountants.
- - During May – 2017, got selected as National level designated faculty to impart training on GST to Chartered Accountants and government Officers at Assistant Commissioner and higher rank officers.
- Self-motivated, with a strong sense of personal responsibility.
- Worked effectively in fast-paced environments.
- Skilled at working independently and collaboratively in a team environment.
Country Head of Finance
LDG Solutions Private Limited (MAVeCap LP, USA)
04.2018 - 03.2020
- - As a Country Head and Management Consultant handled responsibilities from scratch that is Incorporation, setting up the entire Organisation, designing SOPs daily operations, compliances and reporting in India as well as US.
- - As a Country Head and Management Consultant handled responsibilities from scratch that is Incorporation, setting up the entire Organisation, designing SOPs daily operations, compliances and reporting in India as well as the US.
- - Coordinated and completed all statutory, transfer pricing, IT & systems, tax, GST, and internal audits.
- - LDG was providing IT & ERP Implementation solutions to their group Companies known as Comodo, eZLO, nuMSP, ITarian, nuRd, nuWire, and nuWave.
- Setting up Technology based Subsidiary of US MNC by
Partner for vertical of Manufacturers and Banks
M/s. Vinata Vaidya & Co., Chartered Accountants, Mumbai
04.2013 - 03.2020
- Specialized in various services for manufacturing companies and public sector banks.
- - Conducted audits in pharma, iron & steel, electricals, EPC, and banking sectors, focusing on revenue, concurrent (internal), stock and receivables, management, and fixed assets.
- - Served as a Statutory Branch Auditor of State Bank of India.
- - Performed IS and forensic audits leveraging automation and digital tools to improve audit accuracy.
General Manager Finance and Internal Audit
Metco Export International
01.1998 - 12.2003
- Oversaw budget management, ensuring financial accountability and resource allocation aligned with strategic objectives.
- Reduced budgetary expenditures by effectively negotiating contracts for more advantageous terms.
- Developed strategic initiatives to enhance operational efficiency across international markets.
- Drove year-over-year business growth while leading operations, strategic vision, and long-range planning.
- Streamlined supply chain processes, reducing lead times and improving service delivery.
- Implemented effective cost-saving measures to reduce overhead expenses without compromising quality or service.
- Led cross-functional teams to align business goals with market trends and customer needs.
- Cultivated strong relationships with clients, vendors, and partners to ensure long-term success and loyalty.
- Fostered relationships with key stakeholders to drive collaboration and business growth.
- Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
- Developed and implemented strategies to increase sales and profitability.
- Formulated policies and procedures to streamline operations.
- Implemented robust inventory management systems to optimize stock levels and minimize waste/costs associated with excess product storage.
- Mentored junior managers, promoting professional development and leadership skills within the organization.
- Assisted in recruiting, hiring and training of team members.
- Reported issues to higher management with great detail.
- Raised property accuracy and accountability by creating new automated tracking method.
Education
LL.B. - Corporate And Business Laws And Governance
SVKM’s Jitendra Chauhan College of Law (Mithibai)
Mumbai06-2026
Diploma - Cyber Laws
SVKM’s Jitendra Chauhan College of Law (Mithibai)
Mumbai01-2025
Diploma - Intl. Financial Reporting Standards
ACCA, UK & KPMG
UKMasterclass - Leadership
Indian School of Business (Remote)
Hyderabad, India01-2025
Chartered Accountant (FCA) -
WIRC – ICAI, Institute of Chartered Accountants of India
IndiaCompany Secretary (Professional Level) - undefined
WIRC – ICSI, Institute of Company Secretaries of India
IndiaInformation Systems Auditor (ISA) -
WIRC – ICAI, Institute of Chartered Accountants of India
IndiaAssociate Financial Planner -
Financial Planning Standards Board India & FPSB USA
Delhi, IndiaPost Graduate in Intl. Trade - FEMA, Finance, Customs And Indirect Taxes
Exim Institute, Indian Merchant’s Chamber
IndiaIndependent Director -
IICA – Ministry of Corporate Affairs
New Delhi, IndiaNSE Certified Market Professional (NCMP L2) - SEBI, NBFC, IPO, M&A, Due Diligence
NSE IT Limited, National Stock Exchange
IndiaBachelor of Commerce -
Narsee Monjee College of Commerce & Economics
Mumbai, IndiaSkills
Financial planning
Budgeting & forecasting
Variance analysis
Management reporting
Strategic planning
Cash flow forecasting
FP&A modeling
Board reporting
P&L management
KPI dashboarding
Audit coordination
Statutory compliance
GST compliance
Payroll processing
Process automation
Internal controls
Tax audit coordination
IFC audit coordination
Transfer pricing compliance
Accounts receivable management
Tender management
Accomplishments
- Active Member of Planning Forum for Mock-Stock Exchange, Narsee Monjee College
- Won Dr. Homi Bhabha’s Young Scientist award for Sheth M. A. High School
- Won Young Mathematician’s award for Sheth M. A. High School
- Represented N. M. College for Chess, Table Tennis & Badminton
Certification
Certificate in Artificial Intelligence Level – 1 (2025) & Level – 2 (2026), AICA, ICAI
Interests
Timeline
Finance Director
Scarecrow M&C Saatchi Limited (M&C Saatchi Group, UK)
01.2020 - Current
Country Head of Finance
LDG Solutions Private Limited (MAVeCap LP, USA)
04.2018 - 03.2020
Visiting Faculty
The Institute of Chartered Accountants of India
04.2013 - Current
Partner for vertical of Manufacturers and Banks
M/s. Vinata Vaidya & Co., Chartered Accountants, Mumbai
04.2013 - 03.2020
General Manager Finance and Internal Audit
Metco Export International
01.1998 - 12.2003
Company Secretary (Professional Level) - undefined
WIRC – ICSI, Institute of Company Secretaries of India
LL.B. - Corporate And Business Laws And Governance
SVKM’s Jitendra Chauhan College of Law (Mithibai)
Diploma - Cyber Laws
SVKM’s Jitendra Chauhan College of Law (Mithibai)
Diploma - Intl. Financial Reporting Standards
ACCA, UK & KPMG
Masterclass - Leadership
Indian School of Business (Remote)
Chartered Accountant (FCA) -
WIRC – ICAI, Institute of Chartered Accountants of India
Information Systems Auditor (ISA) -
WIRC – ICAI, Institute of Chartered Accountants of India
Associate Financial Planner -
Financial Planning Standards Board India & FPSB USA
Post Graduate in Intl. Trade - FEMA, Finance, Customs And Indirect Taxes
Exim Institute, Indian Merchant’s Chamber
Independent Director -
IICA – Ministry of Corporate Affairs
NSE Certified Market Professional (NCMP L2) - SEBI, NBFC, IPO, M&A, Due Diligence
NSE IT Limited, National Stock Exchange
Bachelor of Commerce -
Narsee Monjee College of Commerce & Economics
Achievements & Certifications
Won Dr. Homi Bhabha’s Young Scientist award for Sheth M. A. High School, Won Young Mathematician’s award for Sheth M. A. High School
Personal Details
- Residential Address : Vile Parle East, Mumbai – 400 057
- Language Known : Hindi, Marathi, Sanskrit (read and write), Gujarati, English
- Hand-held phone : +91-98210 97393
- E-Mail : pareshpanchal@icai.org
- Social Platforms : Linked-In/Twitter/Skype/MSN – pareshpanchal
- Objective of Life : Striving to be a good human being
Affiliations
- Life Member at BCAS, CTC, GSTPAM
- Life Member at AIFTP, CGPI, MCTC
Workflow Automation, RPAs, AI
Migration from Server based traditional ERP applications to a globally recognised Secure Cloud based ERP Implementation.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Software
QuikBooks, Zoho, MyOB, Xero, Tally
Paprika, SAP, MS Dynamics 365 Business Central,
Adaptive Insights, MS 365
Quote
Think Global, Act Local
Paresh Panchal
Languages
English
Advanced (C1)
Hindi
Upper intermediate (B2)
Gujarati
Advanced (C1)
Marathi
Upper intermediate (B2)
French
Beginner (A1)
German
Beginner (A1)