Prakyath Shetty
Mumbai
Summary
Dynamic finance professional with extensive experience at Marsh McLennan, excelling in financial analysis and regulatory compliance. Proven track record in enhancing operational efficiency and stakeholder management, leading to improved audit outcomes and client satisfaction. Adept at risk assessment and team leadership, driving process improvements across diverse sectors.
Overview
7
7
years of professional experience
Work History
Senior Specialist, COE
Marsh McLennan (MMC)
Mumbai
02.2024 - Current
- Prepared and analyzed monthly and quarterly management information systems for senior leadership, emphasizing key revenue and expense trends.
- Coordinated with local finance teams in the Philippines and Vietnam to ensure timely filing of local and business taxes, mitigating compliance risks and ensuring adherence to regulations.
- Compiled consolidated financial statements and detailed schedules following IFRS and applicable local GAAP standards.
- Enhanced control processes by documenting procedures and clarifying roles, implementing standardized templates to improve data consistency across reporting.
- Collaborated with business and finance stakeholders to clarify variances and resolve complex accounting inquiries, improving month-end close accuracy.
Senior Associate
BDO India
Mumbai
01.2022 - 01.2024
- Led statutory and financial audits for private sector clients across Ed-Tech, Agrochemical Trading and IT sectors; performed risk assessments and planned substantive testing in accordance with Ind AS and IFRS.
- Evaluated internal controls, recommending process improvements to mitigate risks and enhance operational efficiency.
- Prepared audit reports and financial statement schedules, providing clear observations and actionable recommendations to client management.
- Coordinated and mentored junior staff, allocating tasks and reviewing work to meet audit milestones on time.
- Achieved recognition for consistent quality and timely deliverables, directly enhancing client satisfaction.
Article Assistant
BDO India
Mumbai
09.2019 - 09.2022
- Conducted detailed testing of financial transactions, account reconciliations, and substantive procedures to ensure accuracy and compliance with accounting standards.
- Assisted senior auditors in preparing workpapers and documenting audit evidence for regulatory compliance.
- Collaborated with cross-functional teams to address audit findings and support implementation of corrective actions.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
05-2022
Bachelor of Commerce -
H.R. College of Commerce & Economics
03-2021
Skills
- Financial analysis
- Variance analysis
- Regulatory compliance
- Financial compliance
- Risk assessment
- Process improvement
- Team leadership
- Stakeholder management
- Time management
Accomplishments
- Nominated for "Driving Delivery Excellence" at Marsh McLennan in 2024
- Awarded "Article of the Quarter" at BDO India (04/01/21 - 06/30/21) for the quality and timeliness of audit deliverables
- Secured exemptions in 6 subjects in CA Intermediate and 3 subjects in CA Final examinations
- Awarded "Best Student of the Year" at school (2014)
- Awarded "Article of the Quarter" at BDO India (04/01/21 - 06/30/21) for the quality and timeliness of audit deliverables
- Secured exemptions in 6 subjects in CA Intermediate and 3 subjects in CA Final examinations
- Awarded "Best Student of the Year" at school (2014)
Hobbies and Interests
- Reading fiction novels
- Cooking
- Badminton
References
Available on request.
Professional Expectations
Lead regional financial reporting and MIS delivery, owning month-end close and variance analysis., Drive process improvements, standardization, and automation initiatives to improve accuracy and reduce cycle times., Clear path to Manager responsibilities with increasing ownership of P&L reporting and stakeholder engagement., Opportunities for cross-functional exposure (tax, treasury, FP&A) and leadership development., Collaborative, learning-oriented culture with emphasis on knowledge sharing and professional development.
Timeline
Senior Specialist, COE
Marsh McLennan (MMC)
02.2024 - Current
Senior Associate
BDO India
01.2022 - 01.2024
Article Assistant
BDO India
09.2019 - 09.2022
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
H.R. College of Commerce & Economics