Rahul Shah. CA (India). CPA (USA)

Fincent is a VC funded financial technology company targeting US based SMB's where my roles and responsibilities encompass Standardizing AI-Driven GAAP Compliance: My main role is to monitor transition controls—including resource levelling and project milestones—ensuring all automated workflows adhere strictly to US GAAP (ASC) standards and SOX-aligned internal controls. Technical Solutions Consulting: Provide high-level technical advisory during the pre-sales and planning phases, translating complex client accounting requirements into Fincent’s AI-enabled ecosystem to ensure accuracy in Revenue Recognition (ASC 606), NFP's (ASC 958) Receivables and CECL (ASC 310 and ASC 326) and Lease Accounting (ASC 842). Automated Due Diligence & Migration: Lead the technical due diligence process to map legacy Charts of Accounts (COA) to Fincent’s AI framework driving delivery readiness through rigorous data validation and automated reconciliation protocols. Optimization of the "Digital Close": Continuously evolve the transition methodology to reduce "Days to Close" by leveraging AI for high-volume transaction matching, while maintaining a world-class interface for complex client inquiries. Spearheading Fintech product development, Collaborating with engineers and data scientists on AI/LLM integration. Drive product strategy and API roadmap integrations with major financial platforms including Plaid, Ramp, Brex, Stripe, and ADP.

Monthly Revenue: Leading a team of 220+ FTE’s generating yearly revenue exceeding US$ 5.25MN from Direct Businesses as well as Business clients of Accountancy Practices spread across 30+ countries located in the continents of Europe, North America, Africa and Asia in addition to leading onshore and offshore Transitions, Migrations & Implementations Migrated the full end-to-end Operations (including R2R, P2P, O2C, FP&A, Treasury, Compliance, HRIS, Contract Management, Payroll & Software Development) of an EU domiciled organization’s GBS based in Philippines. The Philippines based GBS was operating as a Shared Service Centre and served as a ‘global back office’ for the entire group P&L Ownership – Consistently achieving a GP Margin in excess of 55% throughout my term for my entire team. Multi-Country and Multi-Tower Rollouts: Managing complex large-scale transitions across multiple countries and BU’s involving significant scope, FTEs and parallel transformation opportunities in the domain of Capital Restructuring of Companies, Multi-currency Management Accounting, Consolidation, Foreign Exchange Analysis, R2R, P2P, O2C, International Indirect taxation, Treasury and banking functions as well as MIS Reporting and Financial Analysis within the framework of IFRS, US GAAP, IGAAP and IAS

- Responsible for Client Deliverables in the domain of Bookkeeping, Management Accounts, VAT, International Payroll and Pay & Bill - Responsible for developing Client Relationships as well as managing them. - Team Size: 130 Employees comprising of 2 Senior Managers, 8 Managers and 120 Employees Responsible for the recruitment, training, Performance Measurements as well as appraisals of my team - Proven Expertise in delivering agreed SLA's to Accountancy Practices, Recruitment Companies, Pay & Bill Companies, Umbrella Companies as well as Companies engaged in the business of operating Pharmacies, Hospitals and Clinics. - Functional Expertise in delivering bespoke solutions for Multinational Companies operating in multiple Currencies

Handling the overall Finance, Treasury and Accounting Functions of an organization headquartered in India and having subsidiary companies in North America, Europe and the Asia Pacific Region. Additionally the scope of my responsibility covers Contracts Management, Review of Legal Agreements, Incorporation of Subsidiary Companies, Capital Restructuring and continuous liaisoning with the entire external ecosystem. Scope of Specific Duties Directed the Global Finance & Accounts function, overseeing Finance, Treasury, Accounting, Financial Reporting, Group Consolidation, and Management Information Systems (MIS) across multiple jurisdictions. Managed Contracts Administration and Corporate Legal Affairs, including legal agreement reviews, company incorporations, capital restructuring initiatives, and engagement with external stakeholders and advisors. Led a globally distributed team of accounting professionals across Southeast Asia, North America, and India, along with Legal and Contracts Management personnel. Developed and presented Management Information Reports (MIS), including financial statements, performance dashboards, and key financial indicators at both entity and departmental levels. Coordinated audit-related matters with external auditors responsible for the statutory audits of multiple international legal entities. Oversaw the preparation and filing of corporate tax returns and statutory submissions with authorities including the IRS (United States) and Companies House (United Kingdom). Prepared cost-benefit analyses, compliance assessments, and cash flow forecasts to support the evaluation of cross-border transactions. Directed compliance and market-entry activities for overseas operations, including regulatory approvals, contract negotiations, and vendor selection processes.

Leading a team of Chartered Accountants, Cost Accountants & ACCA’s and handling the Management Accounts, Treasury functions, Consolidation and International Taxation for an MNC which has its head office in UK and fully-owned subsidiary companies in Australia, Malaysia, Dubai, Singapore, Turkey, South Africa, Switzerland, Hong Kong and Germany. My scope of duties included:   Preparing, Finalizing and Consolidating the 'Board Pack' of Management Accounts for all 11 companies  Creating ad-hoc MIS reports for perusal of the directors on matters pertaining to a single cost center or a group of cost centers as well as ratios like ROCE, DSO, Credit Utilization and justification of Interest Costs on funding.  Analyzing the funding requirements of different group companies and mobilizing funds to supplement their Working Capital/Capital Investment.  Creation of draft Statutory Audit reports and ensuring compliance with matters related to direct and indirect taxation including payroll  Management and undertaking of programmed audit assignments and identification of key risks to business objectives including but not limited to exposure in IFRS, US GAAP and IAS  Informing/advising the management of issues that may have risk or control implications in the future  Providing detailed commentary on statistical samples drawn by the auditors for compliance purposes and also providing details regarding any variances or non-conformities established against the said sample  Creation of Performance Management Accounts showing the Gross Contribution earned by consultants and employees of the company  Analysis of various KPI’s to support the validity and justification of various business operations  Preparation and review of documentation which includes Process Documentation, Controlled Areas, SIPOC’s, Operational Dashboards and Quality Control Checklist

- Working as a Management Accountant to ensure that the bookkeeping aspects of the Client are handled in accordance with the Statutory guidelines - Working with more than 15 different foreign currencies and consolidation of the Management Accounts prepared in these currencies - Well versed with the finer nuances of UK Taxation, Australian Taxation, Singapore Taxation and Malaysian Taxation - Ensuring that each task allotted is completed within the specific time and generating discrepancy reports against those items which have a significant variance when compared with the laid out standards - Generating Reports for the Top Management so they can evaluate the performance of the company as a whole

 Preparation of Books of Accounts from Raw Data all the way up to the finalized P&L Account and Balance Sheet.  Dealing with matters related to intercompany Loans and Advances and an overall consolidated balance sheet netting off the receivables and payables from group companies  Dealing with Indirect Taxation matters (For example – Central Sales Tax, Value Added Tax, Service Tax)  Familiarity with components like HID kits, Alloy Wheels etc and the companies manufacturing them  Knowledge about the Pricing, Margins, Competition and Distribution Network of all major automobile ancillary products

 Evaluating the financial accounts of the client company with respect to the audit framework laid down by ICAI  Calculation of Net Worth of a target company for the reasons of it being a party to a proposed M&A.  Verification of Assets and Liabilities of the client company and working on their Valuation aspects by discussing the same with the in-house Accounts Officer  Checking the Corporate Sales of the Client company to make sure they’re not understated or overstated  Scrutinizing the legal requirements as laid down by the Company’s Act and verifying that they have been complied with.  Creating Project Reports/Project Charter’s for new entrepreneurship ideas. And providing to them an estimated P&L account showing their expected Proposed Gain/Loss

United States Certified Public Accountant.