Mehvash Upadhye
Mumbai
Summary
Chartered Accountant with 9+ years of experience across Asset Reconstruction, NBFC, Stock Broking, and Real Estate sectors. Expertise in Financial Accounting (IND AS), Direct & Indirect Taxation, Compliance (RBI/SEBI), Banking Operations, Internal Controls, and Fund Management. Adept at leading audits, managing investor relations, regulatory inspections, and driving financial process optimization.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Manager – Accounts & Banking
Reliance Asset Reconstruction Co. Ltd.
07.2023 - Current
- Led preparation of audited standalone & consolidated financial statements (as per IND AS) for company and 91 trusts
- Managed end-to-end RBI compliance including SCRC_REV filings and audit inspections
- Executed due diligence for onboarding new investors and managed fund utilization strategy
- Computed corporate income tax and GST, led assessments, appeals, and obtained Nil Demand Orders
- Facilitated tax filings: TDS, GST, Tax Audit Reports (3CA-CD), Form 61A, 64E/F
CFO (from Jan 2020), Accounts Manager prior
Suraksha Asset Reconstruction Ltd.
11.2017 - 06.2022
- Headed finance and taxation across company and trusts; managed IND AS-compliant reporting
- Spearheaded issuance & rollover of Commercial Paper, LAS, Trust account setups, credit rating documentation
- Led RBI inspections, trust-wise SR dematerialization, and ISIN generation
- Directed direct & indirect tax strategy, advance tax, GST registrations, and scrutiny response
Manager – Accounts & Finance
Ajmera Group of Companies
02.2016 - 11.2017
- Oversaw finance & tax compliance for broking entities (Ajmera Associates Ltd, IFSC unit, NBFC)
- Led audits, prepared financials under IND AS, and managed documentation for LAS, CP, OD, ODI remittance, etc.
- Ensured timely filing to SEBI, RBI, Exchanges (BSE/NSE/MCX), FATCA reporting, and enhanced supervision filings
- Managed all tax returns, assessments, and GST / Service Tax compliance across group companies
Associate
A.Y. Sayyid & Co.
08.2015 - 02.2016
- Appeared before tax authorities; handled ITRs and tax audits for firms and corporates
- Finalized books of accounts and managed compliance using Tally ERP.9
Industrial Trainee
Welspun Corp Ltd.
02.2014 - 12.2014
- Supported tax audit, transfer pricing (Form 3CEB), and direct tax compliance
- Managed foreign remittance compliance (Form 15CA/CB), retirement benefits, and service tax workings
Article Trainee
Z.J. Arsiwala & Associates
12.2011 - 02.2013
- Filed ITRs, handled audits for SMEs, supported MVAT, and prepared replies to tax notices
Education
Diploma in IFRS -
ACCA, UK
12.2023
CA Final -
ICAI
05.2015
B.Com -
HR College, Mumbai University
01.2013
Skills
- Financial Reporting & Consolidation
- Direct & Indirect Taxation (GST, TDS, IT)
- RBI / SEBI Compliance & Regulatory Filings
- IND AS
- IFRS
- Tax Audits
- Fund & Budget Management
- Due Diligence & Credit Ratings
- SAP FICO
- Tally
- Base ERP
- Excel Advanced
- GST/TDS portals
- RPU
- Customized finance tools for broking and NBFC sectors
Certification
- GST Refresher Course – ICAI
- IFRS Financial Reporting (Udemy)
Training
- Securitization Summit 8 (Vinod Kothari LLP)
- Enhanced Supervision (SEBI/ANMI)
- GST for Broking
- FATCA Compliance
- Economic Budget Seminars (BSE, ET)
Languages
- English
- Hindi
- Urdu
- Marathi
Personal Information
- Notice Period: 3 months
- Date of Birth: 07/29/92
- Gender: Female
Languages
English
Advanced
C1
Hindi
Intermediate
B1
Marathi
Elementary
A2
Timeline
Manager – Accounts & Banking
Reliance Asset Reconstruction Co. Ltd.
07.2023 - Current
CFO (from Jan 2020), Accounts Manager prior
Suraksha Asset Reconstruction Ltd.
11.2017 - 06.2022
Manager – Accounts & Finance
Ajmera Group of Companies
02.2016 - 11.2017
Associate
A.Y. Sayyid & Co.
08.2015 - 02.2016
Industrial Trainee
Welspun Corp Ltd.
02.2014 - 12.2014
Article Trainee
Z.J. Arsiwala & Associates
12.2011 - 02.2013
Diploma in IFRS -
ACCA, UK
CA Final -
ICAI
B.Com -
HR College, Mumbai University