Parv Bansal CMA® profile photo 1 on Tal

Parv Bansal CMA®

Finance Manager | U.S. CMA | Record-to-Report (RTR) | Financial Reporting | Month-End Close | GL Accounting | Reconciliation | US GAAP | FP&A | Budgeting & Forecasting| Variance Analysis| Certified Quickbook Expert

India

8+ years of work experience

Success Tax Professionals
Jan 20233 yrs 5 mosMay 2026

Remote

 Supervised month-end close activities and ensured accuracy of general ledger entries.  Reviewed and approved journal entries, accruals, and prepayments for compliance with Australian tax regulations.  Developed and implemented superannuation (super) investment strategies, including contribution planning and tax-efficient retirement structuring.  Led reconciliations of balance sheet accounts and prepared financial close reports.  Prepared and analyzed financial Performance reports, dashboards, and cash flow projections with the Turnover of $50Million+ to support client and business decision-making.  Improved operational efficiency by reducing turnaround time by 30% through process optimization and automation.  Led Team of 7 individuals for Insurance handling, Mortgage paperwork, and client advisory.
Cousins Market
Jan 20239 mosSep 2023

Ontario, Canada

 Managed day-to-day accounting operations, including recording sales, purchases, vendor invoices, and expense transactions, ensuring 100% timely transaction recording and improved financial data accuracy.  Performed bank, cash, and vendor reconciliations, identifying and resolving discrepancies, which reduced unreconciled balances and strengthened financial controls.  Assisted in month-end close activities by preparing journal entries, accruals, and account reconciliations, contributing to faster month-end reporting and improved ledger accuracy.  Prepared periodic sales, inventory, and expense reports for management, enabling better inventory planning, cost control, and informed business decisions to support profitability.
Hind Plastic Industries
Feb 20211 yr 5 mosJun 2022

Dhuri, Punjab, India

 Managed general ledger reconciliations and supported financial close processes, ensuring 100% compliance with reporting deadlines.  Implemented cost accounting methods that increased profit margin by 15% and boosted annual revenue by ₹20,00,000, reduced procurement costs by 12% and improving vendor payment cycles.  Sustained 99% profitability through effective inventory management and risk oversight, while preparing accurate data for GST-1, GST-3B, and GST-2A filings.  Developed and enforced internal controls that lowered financial discrepancies by 20%.  Supported audits and compliance reviews, achieving zero penalties or late filings during tenure.
Mittal Industries
Aug 20173 yrs 7 mosFeb 2021

Nabha, Punjab, India

 Managed General Ledger (GL Accounting) and processed over 800 Journal Entries per month with 99% accuracy.  Executed Balance Sheet Reconciliation and Bank Reconciliation across 10+ accounts, reducing discrepancies by 30% year‑over‑year.  Streamlined Month End Closing, cutting closing time from 10 days to 7 days, improving reporting efficiency.  Oversaw Accruals and Deferred transactions worth ₹5M, ensuring compliance and transparency.  Administered Fixed Assets accounting for a portfolio of ₹10M+, including capitalization, depreciation, and disposals. Assisted in monthly financial reporting packages for senior management. Performed trend analysis and expense monitoring to support profitability initiatives.

Education

Institute of Management Accountants (IMA)

Certified Management Accountant, Accounting and Finance

Institute of Management Accountants (IMA)

20241 yr2025
Lovely Professional University

Master of Business Administration - MBA, Finance and H.R

Lovely Professional University

20192 yrs2021

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Headline

Finance Manager | U.S. CMA | Record-to-Report (RTR) | Financial Reporting | Month-End Close | GL Accounting | Reconciliation | US GAAP | FP&A | Budgeting & Forecasting| Variance Analysis| Certified Quickbook Expert

About

Finance and Accounting professional with 8+ years of experience across accounting, financial reporting, FP&A, taxation, and business finance. U.S. CMA qualified with hands-on experience supporting Australian and Canadian clients in financial reporting, month-end close, cash flow management, reconciliations, and compliance. Proven track record in improving financial processes, reducing reporting timelines, strengthening internal controls, and delivering actionable insights through financial analysis and forecasting. Experienced in managing cross-functional teams and supporting strategic decision-making through accurate financial reporting and performance monitoring. Skilled in Financial Planning & Analysis (FP&A), General Ledger Accounting, R2R, Bank Reconciliation, Month End Close, Intercompany Transactions, Accrual and prepaid accounting, Budgeting, Forecasting, Financial Analysis, Variance Analysis, US GAAP Reporting, GST Compliance, and ERP systems including Tally and advanced Excel.

Location

India

Work experience

Finance Manager at Success Tax Professionals, Jan 2023 - May 2026 · 3 yrs 5 mos, Remote,  Supervised month-end close activities and ensured accuracy of general ledger entries.  Reviewed and approved journal entries, accruals, and prepayments for compliance with Australian tax regulations.  Developed and implemented superannuation (super) investment strategies, including contribution planning and tax-efficient retirement structuring.  Led reconciliations of balance sheet accounts and prepared financial close reports.  Prepared and analyzed financial Performance reports, dashboards, and cash flow projections with the Turnover of $50Million+ to support client and business decision-making.  Improved operational efficiency by reducing turnaround time by 30% through process optimization and automation.  Led Team of 7 individuals for Insurance handling, Mortgage paperwork, and client advisory.

Accountant at Cousins Market, Jan 2023 - Sep 2023 · 9 mos, Ontario, Canada,  Managed day-to-day accounting operations, including recording sales, purchases, vendor invoices, and expense transactions, ensuring 100% timely transaction recording and improved financial data accuracy.  Performed bank, cash, and vendor reconciliations, identifying and resolving discrepancies, which reduced unreconciled balances and strengthened financial controls.  Assisted in month-end close activities by preparing journal entries, accruals, and account reconciliations, contributing to faster month-end reporting and improved ledger accuracy.  Prepared periodic sales, inventory, and expense reports for management, enabling better inventory planning, cost control, and informed business decisions to support profitability.

Assistant Account Manager at Hind Plastic Industries, Feb 2021 - Jun 2022 · 1 yr 5 mos, Dhuri, Punjab, India,  Managed general ledger reconciliations and supported financial close processes, ensuring 100% compliance with reporting deadlines.  Implemented cost accounting methods that increased profit margin by 15% and boosted annual revenue by ₹20,00,000, reduced procurement costs by 12% and improving vendor payment cycles.  Sustained 99% profitability through effective inventory management and risk oversight, while preparing accurate data for GST-1, GST-3B, and GST-2A filings.  Developed and enforced internal controls that lowered financial discrepancies by 20%.  Supported audits and compliance reviews, achieving zero penalties or late filings during tenure.

Accountant at Mittal Industries, Aug 2017 - Feb 2021 · 3 yrs 7 mos, Nabha, Punjab, India,  Managed General Ledger (GL Accounting) and processed over 800 Journal Entries per month with 99% accuracy.  Executed Balance Sheet Reconciliation and Bank Reconciliation across 10+ accounts, reducing discrepancies by 30% year‑over‑year.  Streamlined Month End Closing, cutting closing time from 10 days to 7 days, improving reporting efficiency.  Oversaw Accruals and Deferred transactions worth ₹5M, ensuring compliance and transparency.  Administered Fixed Assets accounting for a portfolio of ₹10M+, including capitalization, depreciation, and disposals. Assisted in monthly financial reporting packages for senior management. Performed trend analysis and expense monitoring to support profitability initiatives.

Education

Certified Management Accountant, Accounting and Finance, Institute of Management Accountants (IMA)

Master of Business Administration - MBA, Finance and H.R, Lovely Professional University