Nishant Bansal
Summary
Chartered Accountant with 10+ years of progressive experience in financial reporting, legal entity control, statutory compliance, and financial governance within multinational organizations. Proven track record in managing complex financial close processes, statutory reporting, intercompany reconciliations, and regulatory compliance under IFRS, US GAAP and other local GAAP frameworks. Experienced in strengthening internal control environments, driving process automation, and enhancing reporting efficiency while maintaining strict governance standards along with Big4 experience. skilled in collaborating with senior leadership, auditors, and cross-functional teams to provide precise financial insights, strong compliance, and operational excellence.
Overview
11
11
years of professional experience
Work History
Assistant Vice President
Macquarie Global Services Pvt. Ltd.
12.2019 - Current
- Led comprehensive legal entity financial reporting, including Balance Sheet, Income Statement, notes to accounts, and variance analysis.
- Finalized standalone and consolidated statutory financials in compliance with IFRS, US GAAP and regulatory mandates.
- Managed investment accounting including equity accounting, valuation, income recognition, and reporting across diverse asset classes.
- End-to-end management fee booking (revenue accounting), ensuring accurate allocation, timely recognition, and compliance with contractual terms and variance analysis.
- Directed month-end and year-end close processes, overseeing journal entries, reconciliations, audit procedures, and statutory filings.
- Conducted balance sheet integrity reviews (aged receivables/payables, intercompany positions), ensuring accurate provisioning (ECL) and robust entity-level reporting.
- Strengthened internal controls over financial reporting to enhance governance and audit readiness.
- Managed intercompany transactions and transfer pricing models (TNMM, Profit Split, Revenue Sharing), ensuring tax and reporting compliance.
- Reviewed statutory submissions (Income statement, trading income, undrawn commitments, net assets etc.) aligned with IFRS 15 and group reporting standards.
- Spearheaded automation initiatives (e.g., Workiva), streamlining financial statement preparation and saving ~100 hours annually per legal entity.
Assistant Manager
SR Batliboi & Co. LLP (EY)
10.2016 - 12.2019
- Led statutory audit engagements from planning to completion across diverse industries, ensuring compliance with Ind AS, IGAAP, and Schedule III of the Companies Act, 2013.
- Performed audit risk assessments, evaluated internal financial controls (ICFR), and conducted substantive testing and test of details for key FSLI.
- Determined audit materiality, reviewed accounting estimates, and ensured timely, accurate completion of audit deliverables in line with regulatory and big four standards.
- Drafted audit reports and coordinated with clients’ senior management to discuss findings, resolve issues, and provide value-added recommendations.
- Supervised and mentored team members, fostering a culture of collaboration, learning, and audit excellence.
Associate
Haribhakti and Co. LLP
05.2015 - 10.2016
- Performed the statutory audit and tax audit of public companies.
- Worked in a high performing team on various accounts.
- Assisted team in various areas of financial statements.
- Work performed in planning, substantive testing and documentation.
- Gathered leadership skills by providing continuous guidance to subordinates.
Education
Chartered Accountancy -
The ICAI
New Delhi01-2015
Bachelor of Commerce -
Punjabi University
Punjab03-2013
Skills
- Financial reporting and consolidation
- Financial controller
- IFRS and GAAP compliance
- Balance sheet governance
- Intercompany accounting
- Big Four experience
- Transfer pricing models
- Risk management and internal controls
- Team leadership
- stakeholder management
Timeline
Assistant Vice President
Macquarie Global Services Pvt. Ltd.
12.2019 - Current
Assistant Manager
SR Batliboi & Co. LLP (EY)
10.2016 - 12.2019
Associate
Haribhakti and Co. LLP
05.2015 - 10.2016
Chartered Accountancy -
The ICAI
Bachelor of Commerce -
Punjabi University