Summary
Overview
Work History
Education
Skills
Languages
Hobbies and Interests
Timeline
Generic

Nikhil Shetty

Thane

Summary

Dedicated and detail-oriented Accountant with proven expertise in managing financial records, overseeing accounts payable and receivable, and preparing and finalizing financial statements in accordance with applicable accounting standards. Skilled in analyzing financial data, generating management reports, and collaborating effectively with clients and auditors. Committed to delivering accurate, timely financial information to support organizational financial health and informed decision-making through meticulous accounting practices.

Overview

9
9
years of professional experience

Work History

Accounts Specialist

Marsh McLennan
04.2024 - Current
  • Prepared monthly and quarterly financial statements for captives, collaborating with local teams to gather necessary data.
  • Recorded accruals, prepayments, and deferrals during period-end closing processes to ensure accurate financial reporting.
  • Conducted bank reconciliations, prepared cash flow statements, and managed investment accounting and reconciliation activities.
  • Recorded losses, Outstanding Loss Reserves (OSLR), and Incurred But Not Reported (IBNR) reserves based on loss run files and actuarial reports.
  • Managed policy renewals within GCMS software and accurately recorded premiums in accordance with policy documentation.
  • Performed comprehensive financial reviews at period-end to deliver complete and accurate financial statements.
  • Acted as the primary client liaison during external audits, coordinating with auditors to facilitate audit procedures and ensure timely completion.
  • Prepared board reports, executive summaries, and regulatory filings to support management and compliance requirements.
  • Reviewed and validated financial statements as an independent reviewer to ensure accuracy and completeness before final submission.

Senior Accountant – UK Process

QX Global Group Private Limited
11.2022 - 04.2024
  • Managed the accounting and finalization of books of accounts for companies incorporated in the UK.
  • Conducted VAT calculations, payroll-related tax computations, and ensured accurate tax filings.
  • Prepared management accounts to support business decision-making and financial analysis.
  • Proficient in accounting and taxation software including XERO, SAGE, QuickBooks, TaxCalc, and IRIS.
  • Coordinated with Chartered Accountants in the UK to finalize accounts and resolve client-specific matters.

Quality Analyst – Accounts & Finance

Corient Business Solutions
01.2021 - 09.2022
  • Managed bookkeeping activities, scrutinized ledgers, and prepared detailed working papers for account reconciliation.
  • Finalized financial statements in accordance with FRS 102 and FRS 105 standards, ensuring compliance and accuracy.
  • Supervised and motivated a team of 2-3 associates, overseeing work allocation, reviewing deliverables, and conducting training sessions to enhance team capabilities.

Article Assistant

CA Anil B Shetty & Co
11.2016 - 06.2020
  • Prepared and filed Income Tax Returns (ITR) and TDS returns for individuals, firms, and companies, ensuring timely compliance.
  • Managed registration and filing of GST returns, including preparation of summary working for reconciliation and reporting.
  • Conducted tax audits under Section 44AB, from planning and fieldwork to preparing and filing audit reports in accordance with Income Tax Law.
  • Performed statutory audits for clients across manufacturing, trading, and service industries, ensuring adherence to regulatory standards.
  • Managed periodic compliance requirements for VAT, Service Tax, and Profession Tax.
  • Maintained accounts for various entities using Tally ERP, ensuring accurate and efficient bookkeeping.

Education

C.A IPCC (Intermediate) -

The Institute of Chartered Accountants of India (ICAI)
11.2018

Master Of Commerce -

Mumbai University
06.2021

Bachelor Of Commerce -

V. G. Vaze College
03.2013

Skills

  • Good Communication Skills
  • Quick Learner with Adaptability
  • Attentive Listener
  • Strong Team Player with Initiative in Building and Maintaining Client Relationships

Languages

English
Hindi
Marathi
Kannada

Hobbies and Interests

Reading, Listening to Music, Cricket

Timeline

Accounts Specialist

Marsh McLennan
04.2024 - Current

Senior Accountant – UK Process

QX Global Group Private Limited
11.2022 - 04.2024

Quality Analyst – Accounts & Finance

Corient Business Solutions
01.2021 - 09.2022

Article Assistant

CA Anil B Shetty & Co
11.2016 - 06.2020

C.A IPCC (Intermediate) -

The Institute of Chartered Accountants of India (ICAI)

Master Of Commerce -

Mumbai University

Bachelor Of Commerce -

V. G. Vaze College

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Nikhil Shetty