Nirmit Desai
Chief Executive Officer at Investza Capital- Claim this Profile
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Bio
Credentials
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Bloomberg Market Concepts
Bloomberg LPApr, 2017- Nov, 2024
Experience
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Investza Capital LLP
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Financial Services
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1 - 100 Employee
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Chief Executive Officer
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Jun 2018 - Present
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Deloitte
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Business Consulting and Services
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700 & Above Employee
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Analyst - Accounts & Tax
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Mar 2015 - Mar 2016
- Undertook public accounting assignments as well as adhered to formal accounting policies & procedures in assigned revenue streams to ensure India GAAP compliance and strong internal controls- Undertook portfolio analysis & price reconciliation for Client's investments besides daily reporting of NAV, price variances and marked to market holdings- Processed payroll of approx. $1.5M per month for 120+ employees besides payroll, regulatory and other ad hoc reports as well as regulatory tax compliance- Collaborated with Clients' Finance teams to ensure financial statements related to the revenue process are accurate & free of material misstatements- Consulted with IT Support team & suggested measures to reduce payroll deliverable time by 50%, resulting in monthly savings of $1500re smooth execution of statutory audit and rectify any material misstatements prevailing in the financial statements
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Analyst - Accounts & Finance
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Aug 2013 - Feb 2015
- Processed Journal Entries and Compiled periodic financial statements in accordance with the applicable accounting framework- Consolidated the financial data, taking into account company's goal and financial standing, for prospective analysis by management. - Processed Journal Entries and Compiled periodic financial statements in accordance with the applicable accounting framework- Consolidated the financial data, taking into account company's goal and financial standing, for prospective analysis by management.
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Analyst - Audit & Tax
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Jan 2010 - Mar 2013
- Led teams for internal & statutory audits of enterprises with revenues ranging from US$ 200,000 - US$ 1.5 million, reporting to managers & directors of FP&A department- Collaborated with Accounting Teams to identify any accruals needed at month-end & Identify errors in general ledger coding at month-end and assist in error remediation-Conducted informational interviews with clients to learn about their financial, operational history & undertook meticulous compliance of regulatory reporting.- Assisted in price verification of Clients' investment portfolios for accurate & true reporting of holdings using data from Bloomberg, Reuters & MoneyControl- Undertook reporting of profit/loss of the investments on Marked to Market accounting policy for Clients' from capital markets business
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Analyst - Audit & Tax
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Sep 2007 - Jan 2010
Internship pursued in concert with the requirements of Chartered Accountancy program of Institute of Chartered Accountant of India- Responsible for timely completion of statutory audits of private limited companies performing activities such as scrutinizing financial statements, detailed understanding of business operations & internal controls thereof, Regulatory compliance with Indian Tax laws. Internship pursued in concert with the requirements of Chartered Accountancy program of Institute of Chartered Accountant of India- Responsible for timely completion of statutory audits of private limited companies performing activities such as scrutinizing financial statements, detailed understanding of business operations & internal controls thereof, Regulatory compliance with Indian Tax laws.
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Education
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Pace University - Lubin School of Business
Master's degree, Finance and Financial Management Services -
University of Mumbai
Master's degree, Accounting -
The Institute of Chartered Accountants of India
Chartered Accountant - Level II (CA - Intermediate level) -
University of Mumbai
Bachelor of Commerce - BCom, Accounting and Finance