Summary
Overview
Work history
Education
Skills
Timeline
Generic

Parth Pareek

Dubai,United Arab Emirates

Summary

Experienced professional with expertise in family office management, financial reporting and analysis, and IFRS compliance. Demonstrates a strong ability to liaise with cross-functional teams, manage intercompany transactions, and oversee accounts payable and receivable processes. Skilled in month-end reporting, balance sheet finalisation, and audit coordination, with a proven track record of delivering accurate management information systems (MIS) insights. Committed to leveraging financial acumen to drive operational efficiency and support organisational goals.

Overview

13
13
years of professional experience

Work history

Assistant Finance Manager

KEF Holdings, DIFC
Dubai
11.2022 - 09.2025
  • Lead annual budgeting and rolling forecasts across multiple family-owned entities and asset classes.
  • Preparation of Monthly Variance Analysis Report for Actual VS Budgeted for all the verticals.
  • Manage day-to-day finance operations, including accounting, treasury, and cash flow management at the group level.
  • Closing and Reporting the Investment Arm (Financial Asset worth USD 400M) of the group on Monthly basis.
  • Prepare board-level reports and investment dashboards, covering real estate, private equity, and listed securities portfolios.
  • Monitor and Review Monthly Trial Balances to Control and rectify any errors.
  • Preparation of Monthly Projected Cash flow of the Entire group and allocation of the required funds based on the monthly projection.
  • Consolidate, prepare, and provide financial statements and reports in accordance with International Financial Reporting Standards (IFRS) for UAE and Singapore Entities.
  • Preparing and Submitting periodic VAT return in accordance with Tax Laws.
  • Preparing and Submitting periodic Corporate Tax return in accordance with the UAE Tax Laws
  • Handling yearly Statutory & Internal Audit engagements in a timely manner and resolving the queries raised by auditors.

FINANCIAL ANALYST

Oasis Investment Co LLC, AL Shirawi Group
Dubai
05.2018 - 09.2022
  • Compiled relevant accounting information and prepared MIS reports on basis of entire group covering areas related to, but not limited to, Sales, Margins / Customers / Stocks, Inventory, Budget Utilization, Business Performance including Cash Flow, P&L statements, Margins, Contribution and Ratio analysis within given time frame.
  • Implementation of New IFRS 16, IFRS 15 & IFRS 9 at Group Level.
  • Prepared Monthly Balance Sheets and Income statements for all Group companies to determine key performance indicators of Group through ratio analysis.
  • Review & Finalization of Financial Statements of Units for Quarterly Audit & Review with KPMG.
  • Assisted in Consolidation of group accounts as Team Member and Coordinated with Group External Auditors and Finance Departments of more than 40 unit Companies and of Head Office.
  • Successfully Implemented Central Payment HUB where all Group Companies Suppliers payments are automated and paid through RPA.
  • Successfully headed project of centralizing Accounts Payable & Intercompany functions of all contracting & services companies of Group at HO Level.
  • Liaise with internal (Departments) and external (Suppliers/ Service Providers) to smooth functioning of Accounts Payable operations and meet service requirements.
  • Timely Review Payables ageing and ensure payments follow due dates and balances are reviewed and reconciled.
  • Designed Various Reports to track performance of Team for better control management.

ASSISTANT MANAGER

HSBC EDPI
Gurgaon
12.2014 - 05.2018
  • Successfully delivered Implementation of IFRS 9 on Financial Instruments for financial reporting requirement for HSBC Group.
  • Reporting of supplementary requirements of financial instruments mandatorily measured at Fair Value through P&L, FVOCI and Amortized Cost.
  • Reporting of monthly P&L & Balance Sheet in IFRS Scenario.
  • Preparation of IFRS to US GAAP walk.
  • Preparation of Reporting Schedules for group external reporting as per IFRS.
  • Maturity Analysis of Assets, Liabilities and off balance sheet commitments.
  • Perform & Review financial/consolidation checks, validations, sense checks and logical checks to ensure accuracy, completeness, and validity of financial/non-financial data & Commentaries.
  • Compliance and control assessment and review of SOPs.

DEPUTY MANAGER

IL&FS Transportation Networks Ltd
Mumbai
03.2014 - 12.2014
  • Closing and Reporting of all 5 Foreign Subsidiaries of Group.
  • Preparation of Quarterly Planning and forecasting of P&L & Balance Sheet
  • Uploading forecasted financial statement and monthly trial balance in Hyperion
  • Prepared Variance Analysis Report for Actual VS Forecasted.
  • Preparation of Various Audit packs for limited review & year end audit.

ASSISTANT MANAGER

Genpact India
Gurgaon
12.2012 - 02.2014
  • Preparation of Quarterly and Monthly Balance Sheet Analysis Reporting.
  • Preparation of Quarterly Federal reporting like Y9LP, Y9C, New York State Bank Reporting, Y11 and FR 2314.
  • Balance Sheet Analysis (BSA) with all Balance category schedule like Cash and Commentary of monthly, quarterly, till date variances between different periods and till date Balance commentary.
  • Uploading financial numbers into Hyperion on WD 4 after completing Balance Sheet Analysis.
  • Performed monthly/quarterly reconciliations for following Balance Sheet Category.
  • - Bank Reconciliation
  • - Account Payable
  • - Account Receivable

Education

Chartered Accountant -

Institute of Chartered Accountants of India

B.COM. - undefined

Commerce College, Rajasthan University

Skills

  • Family Office Management
  • Financial Reporting & Analysis
  • IFRS
  • Cross-Functional team liaison
  • MIS
  • Intercompany
  • AP and AR Management
  • Month-End Reporting
  • Balance Sheet Finalization
  • Audit

Timeline

Assistant Finance Manager

KEF Holdings, DIFC
11.2022 - 09.2025

FINANCIAL ANALYST

Oasis Investment Co LLC, AL Shirawi Group
05.2018 - 09.2022

ASSISTANT MANAGER

HSBC EDPI
12.2014 - 05.2018

DEPUTY MANAGER

IL&FS Transportation Networks Ltd
03.2014 - 12.2014

ASSISTANT MANAGER

Genpact India
12.2012 - 02.2014

B.COM. - undefined

Commerce College, Rajasthan University

Chartered Accountant -

Institute of Chartered Accountants of India

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Parth Pareek