Nirmit Desai

Chief Executive Officer at Investza Capital
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Contact Information
us****@****om
(386) 825-5501
Location
Mumbai, Maharashtra, India, IN

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Credentials

  • Bloomberg Market Concepts
    Bloomberg LP
    Apr, 2017
    - Nov, 2024

Experience

    • Financial Services
    • 1 - 100 Employee
    • Chief Executive Officer
      • Jun 2018 - Present

    • Business Consulting and Services
    • 700 & Above Employee
    • Analyst - Accounts & Tax
      • 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

    • Analyst - Accounts & Finance
      • 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.

    • Analyst - Audit & Tax
      • 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

    • Analyst - Audit & Tax
      • 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.

Education

  • Pace University - Lubin School of Business
    Master's degree, Finance and Financial Management Services
    2016 - 2018
  • University of Mumbai
    Master's degree, Accounting
    2010 - 2012
  • The Institute of Chartered Accountants of India
    Chartered Accountant - Level II (CA - Intermediate level)
    2009 - 2011
  • University of Mumbai
    Bachelor of Commerce - BCom, Accounting and Finance
    2007 - 2010

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