Nitesh Aggarwal
CPA (Candidate) | Full-Cycle Accounting Professional | 10+ Years Experience
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About
Full-cycle accounting professional with 10+ years of experience managing the complete accounting function across multiple related entities within a group structure. Skilled in preparing monthly, quarterly, and annual financial statements in accordance with ASPE, performing detailed balance sheet reconciliations and account analyses, and managing month-end, quarter-end, and year-end close. Proven track record monitoring the overall health of the balance sheet, partnering with Controllers to identify risks and unusual transactions, and maintaining accurate general ledger records.
Extensive hands-on ownership of accounts payable and accounts receivable, including invoice processing, AP aging review, vendor and bank reconciliations, and cash/liability monitoring across multiple operating entities. Experienced in intercompany reconciliations between corporate and affiliated entities, and comfortable reviewing shareholder/related-party balances as part of routine close procedures. Skilled in supporting external audits (year-end, banking, and tax), preparing audit schedules, and responding to auditor requests.
Background includes cash flow reporting/forecasting, monthly and value-added tax filings and indirect tax compliance, with CPA PEP (Taxation Elective) currently in progress. Strong organizational skills for prioritizing competing deadlines across a suite of entities, with an MBA in Finance and advanced proficiency in QuickBooks, Advanced Excel, and cloud-based accounting systems.
Experience
Associate – Financial Reporting & Accounting at TD Asset Management (2023-04 – Present)
- Prepare and post journal entries in accordance with established accounting policies and procedures to support accurate, timely month-end, quarter-end, and year-end close; assist in preparing monthly, quarterly, and annual financial statements for multiple business units in accordance with ASPE, including income statements, expense summaries, and variance analyses.
- Perform detailed balance sheet reconciliations and account analyses, ensuring accuracy, completeness, and appropriate supporting documentation; monitor the overall health of the balance sheet and proactively identify issues, risks, or unusual transactions requiring further review.
- Prepare and reconcile intercompany accounts, ensuring timely investigation and resolution of discrepancies; analyze financial transactions to ensure compliance with ASPE, internal controls, and company accounting policies, maintaining the integrity of the general ledger.
- Support external audits, including year-end financial statement audits, banking audits, and tax audits; prepare audit schedules and supporting documentation, and respond to auditor requests in a timely and professional manner.
- Process invoices, purchase orders, and electronic funds transfers (EFTs) accurately and efficiently.
- Reconcile vendor statements and ensure timely, accurate payments.
- Analyse financial results, balance sheet trends, and accounting issues to support management decision-making; prepare ad hoc financial analyses and reports as required, translating complex financial data into clear, actionable narratives.
- Partner with the Controller on day-to-day accounting activities, special projects, and departmental priorities; support the documentation and maintenance of accounting procedures and controls and build financial dashboards and KPI reports using Advanced Excel and Power BI.
- Collaborate with Finance team members and cross-functional stakeholders to support business objectives and financial reporting requirements, maintaining a strong control environment and identifying opportunities to improve efficiency, accuracy, and effectiveness within accounting processes.
- Build and maintain detailed financial models of the Company, including long-range forecast models, cash flow models, and project finance models, and other models as requested by the Director/Manager of Financial Analysis; support Business Unit Finance as necessary to provide analytical support for operations analysis and decision-making.
- Prepare financial analysis of current operations to identify areas for improvement, and cost/benefit analysis on proposed projects and investments, drawing on relevant information, trends, and data to support decision-making.
- Assist in preparing monthly management reporting, monthly forecasting, and the annual budget; prepare ad hoc operational and financial analysis and support special projects and other duties as assigned.
Operations Officer IV at TD Bank (2020-04 – 2023-03)
- Performed financial data analytics and reporting: extracted and cleaned data from enterprise systems and prepared structured management reports and performance summaries for senior stakeholders.
- Investigated and resolved account discrepancies and financial issues in compliance with bank policies and audit standards, ensuring accuracy and thorough documentation at all times.
- Advised on compliance requirements related to financial transactions and tax reporting, demonstrating strong knowledge of financial controls, regulatory standards, and reporting accuracy.
- Collaborated with advisors, senior management, and cross-functional teams to ensure consistent reporting standards and operational control adherence.
Assistant Manager – Accounts & Finance at MSC Agency India (P) Limited (2011-02 – 2020-03)
- Prepared monthly financial statements across 3 regional offices, including income statements, balance sheet schedules, and cash flow summaries; maintained high standards of accuracy and compliance across all entities.
- Managed full-cycle month-end close: general ledger maintenance, journal entries, bank and vendor reconciliations, and review of AR, cash, and liability balances; investigated and corrected discrepancies.
- Oversaw AP/AR functions across multiple regional offices including invoice processing, AP aging review, payments, cheques, demand drafts, and invoice settlement; ensured all financial activities complied with internal control policies and statutory requirements.
- Analysed revenue streams and operating expenses across import/export business lines; monitored outstanding AR balances and prepared weekly management reports summarizing financial performance across entities.
- Supported budget development and tracked actuals against budget; provided variance analysis and financial summaries to the Controller to inform operational and capital expenditure decisions.
- Supervised and coached a team of accounting staff across multiple locations; assigned work, reviewed outputs, and maintained consistent reporting quality and financial control standards across the group of offices.
Assistant Auditor at Harpreet Singh & Associates (2007-04 – 2010-12)
- Performed audit engagements and bookkeeping across multiple client entities; prepared and finalized trial balances, balance sheets, and income statements; filed direct and indirect tax returns in compliance with applicable legislation.
- Examined client accounting records and financial statements for accuracy, compliance, and internal control adequacy; identified risks and recommended corrective actions to leadership.
- Advised clients on receivables recovery and tax matters, applying analytical problem-solving skills to resolve complex financial reporting issues.
Education
Chartered Professional Accountant (CPA) in CPA PEP – Taxation Elective – CPA Ontario
Canadian Investment Funds Course (CIFC) – IFSE Institute (2021-01 – 2021-12)
Master of Business Administration in Finance & Marketing (2015-01 – 2015-12)
Master of Commerce in Finance (2013-01 – 2013-12)
Bachelor of Commerce in Finance (2009-01 – 2009-12)