Arti Parekh Email & Phone Number

Chennai, Tamil Nadu, India

Consark provides a Unified Controllership Platform that enables finance teams to seamlessly manage its functions within the domain of 'CART' (C - Compliance, A - Accounting, R - Risk, T - Transactions)

Chennai Area, India

Baywiser is an online B2B market hub that connects businesses with the right financial and commercial advisors. Baywiser intends to bridge the gap between an ever-increasing demand for quality consultants and the limited availability of options, by becoming a one stop solution for every business’ financial and commercial needs. In short, Baywiser is ‘Your Accountant’s desk’. In this endeavour, Baywiser has enlisted services of Chartered Accountants, Cost Accountants, Company Secretaries, legal advisors and other finance professionals & firms. Whether a start-up, a growing or a mature business, the advisors on Baywiser's platform are highly capable of catering to varying business needs.

Chennai Area, India

Consark is a multi-disciplinary professional services platform with integrated offerings ranging from corporate finance, risk advisory, tax advisory, accounting & compliance related services. Consark is founded by a group of former Big Four professionals coming together from across the world. Consark operates through a network of firms globally where clients get full access to resources and infrastructure of our global practice. Consark integrates experience in international business practices with local know-how to deliver value to its clients.At Consark, along with the leadership team, I was heading new initiatives which the firm was undertaking, particularly in the technology domain.

Chennai Area, India

ArkCap Financial Advisors LLP is an Investment Bank providing focused advisory services in private equity capital raising, debt raising, mergers & acquisitions, restructuring and other financial matters.

• Ensured effective implementation of policies & procedures in compliance with the anti-money laundering (AML) regulations laid down by the Central Bank• Reviewed high-risk transactions to identify suspicious transactions, carried detailed investigations and if necessary instructed business to close accounts with unusual transactions• Prepared suspicious transaction reports to be sent to the Central Bank• Ensured compliance with respect to black-listed entities, countries with currency embargos, and OFAC,NCCT & other lists • Analyzed the structuring of customers’ transactions from an AML perspective & prepared necessary reports• Reviewed the quality and accuracy of the free-zone, off-shore, PEP listed, non-resident and high-risk country’s nationals’ KYC forms prior to approval• Handled cases referred by the correspondent banks & central bank notices/request for information• Liaised with Service Quality & Training Departments to support their training in AML procedures• Visited branches & other units to train staff on AML procedures and on the effective usage of AML software• Authorized remittances, wire transfers & trade finance transactions matched against OFAC listed entities and risk countries• Worked extensively on Equation (core banking system), AquaGlobal (remittance monitoring system) and AMLock (AML system)As part of the bank’s AML System Implementation Team:• Performed gap analysis to identify gaps between pre-specified user requirements and features of the new AML software• Prepared detailed process documents for successful implementation of the AML software across the bank• Performed User Acceptance Tests (UATs) of the base product against the vendor’s scope documents and subsequently the UATs for the customized product

- Computation of Net Asset Value (NAV) of a leading GCC country based mutual fund – As the fund administrator, this includes computation of weekly NAV taking into consideration the weekly transactions in the fund, allotment of units to the subscribers and redemption of units- Administration of resources for investing in Initial Public Offerings in the Indian stock markets – This includes making the applications, making wire transfers and preparing other related documents.- Preparation of weekly, monthly and quarterly financial packs for reporting to the parent company (EBI)

- Prepared the financial reports for reporting to the parent company based in USA in accordance with US GAAP and monitored the expenditure budgets- Liaised with the auditor & prepared financial statements (Indian and US GAAP) with reconciliations, financial statements for tax purposes & draft income tax returns- Ensured compliance with Registrar of Companies’ rules & regulations- Reported the financial performance periodically to the Software Technologies Park of India (STPI), a quasi-govt. office

Aca, Accountancy,Taxation,Financial Management,Cost & Management Accounts

Cams, Anti Money Laundering

B.Commerce, Accountancy,Commerce,Economics