Viral Parekh

(646) 504-0235 | viral.parekh@hotmail.com

www.linkedin.com/in/viraljparekh
Summary
I am a seasoned Financial Analyst with comprehensive treasury experience. Proficient in financial reporting, planning & budgeting, variance
analysis, internal accounting controls, professional standards and regulations, database management and writing SQL queries. I have been a top
performer throughout my career; where I have either met or exceeded management expectations.
Education
Candidate for Certified Public Accountant (CPA) Examination State of New Jersey
Melbourne Institute of Technology Melbourne, Australia
MS, Professional Accounting (Graduate Diploma)
Relevant Coursework: Financial Decision Making, Auditing, Business and Company Law. Dec. 2012
Deakin University Melbourne, Australia
MS, International Finance
Relevant Coursework: International Finance, Financial Accounting, Statistical Analysis and Investment Analysis. Apr. 2009
University of Mumbai Mumbai, India
Bachelors of Commerce in Accounting and Auditing
Relevant Coursework: Financial Accounting & Auditing I, II & III, Taxation, Information Systems and Business Economics. Oct. 2006
Professional Experience
Liberty International Underwriters (LIU) | Senior Financial Analyst (Consultant) New York, NY
A division of Liberty Mutual Insurance Group established as Liberty's global product line specialty underwriter. May 2015- Present
Key Achievements:
Participate in and lead the development of quantitative and qualitative analysis of premium and related reinsurance.
Develop and coordinate financial reporting, forecasts, budgets and plan for $2 billion multinational subsidiary, including: data
management, analysis and reporting for 14 legal entities.
Responsibilities:
Communicate effectively and drive the ownership of Financial Analysis to appropriate levels within the FPA&R department.
Prepare monthly P&L and cash flow analysis for strategic business unit with over $200 million monthly revenue by extracting financial
data from various accounting and information systems such as: SAP BW, BI & IBM TM1 Cognos to perform appropriate analysis of the
financial data and defining relevant information.
Use advance features of excel for reporting such as: pivot tables, v-lookup and developed queries using dashboard tools such as: SQL.
Factor in historical information and current trends into analysis as needed, taking into account the different structures, profit and cost
centers, hierarchies and account level detail to retrieve information from various sources.
Develop, implement & prepare expense analysis by comparing actual expense vs budget & prior year for $20M/monthly expenses.
Work with key stakeholders to identify areas of improvements for planning, reporting and analysis.
Preparing standard and relevant ad-hoc analysis in support of all phases of the consolidated FPA&R processes such as: cost center
reporting, head count tracking, T&E spend, etc
Allergan, Inc. | Financial Business Analyst (Consultant) New Jersey, NJ
A global pharmaceutical company which was acquired by Actavis, Plc Mar. 2015- Jul. 2015
Key Achievements:
Effective business analysis in ensuring project success and delivery of business value.
Identifying and understanding the business problem and the impact of the proposed solution on operations of the organization.
Identifying potential controls, evaluating gaps and making recommendations for process improvements.
Responsibilities:
Utilizing SAP ERP and BW/HANA for all data mining activities.
Responsible for importing, transforming, validating, modeling and reconciliation of large & complex data sets.
Providing relevant data to auditors for government compliance reporting such as:
- Audit of all financial transactions (contracts, general ledger, accounts receivable, accounts payable) as it pertains to GP reporting.
- Government price-reporting calculations/restatement for newly acquired companies; Aptalis and Forest Laboratories.
- Reconciliation of financial transactions from revenue management system at the account, customer and product (NDCs) level.
Performing ad-hoc analysis and reporting for rebates, chargeback and price basis accounts.
Providing cost estimating and cost & price analysis support to contract departments.
Investigating price basis and quantities for multiple years while documenting the correct figures.
Dun & Bradstreet, Inc. | Senior Financial Analyst- Treasury Melbourne, Australia
A listed company headquartered in NJ, USA provides risk management, sales & marketing solutions. May. 2012- Jul. 2014
Key Achievements:
Reduced month end book close process and reporting by 1.5 days through automating the majority of monthly reconciliation and P&L
statements via Hyperion Essbase.
Promoted in two years (Financial Analyst to Sr. Financial Analyst) and was also one of the youngest in the team.
Responsibilities:
Prepared and reviewed general ledger entries, reconciliations and financial statements including: income statement, balance sheet &
cash flow.
Assisted in developing and maintaining an income statement, balance sheet, and cash flow projection model that was capable of
evaluating the impact of future transactions.
Responsible for monthly & quarterly financial, yearly cash flow budgeting, quarterly forecasting and variance analysis.
Assisted with the analysis of cash flow projections and help form recommendations on debt borrowings/repayments, and shareholder
distributions.
Evaluated daily cash position and acted as a liaison between banks and D&B regarding process payment return, payment recall
requests & other financial concerns.
Morgan Stanley & Co, Inc. | Senior Executive- Fixed Income Sales and Trading Division Mumbai, India
Previously known as: JM Morgan Stanley Securities Pvt. Ltd Sept. 2009- Jun. 2011
A listed financial services firm with operations in: asset management, wealth management, investment banking and merchant banking.
Key Achievements:
Won the Employee of the year award (Financial Year 2010-2011) for excellence in recognizing revenue and client relationship.
Established fixed income securities trading desk and educated & mentored rotational financial interns.
Enhanced revenue by $500M/yearly & secured repeat business.
Responsibilities:
Worked on financial & operational requirements of corporate treasuries and raised short & long term capital via placing their commercial
paper (CP) and bonds in the primary and secondary markets.
Assisted corporate treasuries in identification of the investment opportunities in the debt market and actively utilized them in line with
investment strategies.
Analyzed macro-economic data and the market information to recognize economic scenario and market trends to take active investment
calls in the debt securities portfolio.
Handled substantial volume in the space of proprietary trading across multiple asset classes wherein highest turnover recorded was
close to $950M in a single day enclosing several deals with an approximate market share of 30%.
Skills
Technical-Reporting Tools: MS Office Suite (Advance Excel), Bloomberg, Reuters, SAP BW, BI, IBM TM1 Cognos.
Database: MySQL, Microsoft Access, Oracle Hyperion.
Additional Information
Certifications:
- Certified C language programmer.
- Certified SQL language programmer.
Languages: Fluent in English, Hindi, Gujarati and Marathi.
Community:
- Volunteered as Hindi language teacher at a Hindu temple New Jersey, USA.
Interest: Poker, Capital Markets, Fusion Cooking and Philanthropy.
Work Authorization:
- U.S. Permanent Resident.