Heta Kapadia CPA, CA

Experience

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  G.K.Choksi & Co

  Mar 2006 - Jun 2010

  Assistant Manager - Assurance

  • Part of asset management group, analyzing investment valuations, risk exposures, hedge fund accounting, evaluating models and private equity valuations to ensure they are fairly stated as per IFRS and US GAAP provisions• Review of Invesment reports and ensuring compliance with GIPS• Support the planning, execution and delivery of in assurance engagements• Preparing financial schedules of Form 10K and 10Q for US listed clients• Work effectively as a team member, sharing responsibility, providing support, maintainingcommunication and updating senior team members on progress• Lead and participate in multiple engagement teams • Develop and maintain productive working relationships with client personnel• Participate in performing audit procedures, especially focusing on complex and/or specialized issues.• Update financial statements, Caseware files and adjusting entries• Planning, assessment of risks, execution and finalization of audit• Review of financial statements in accordance local laws and accounting standard. Show less

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  RSA

  Jan 2011 - Aug 2015

  Assistant Manager FP&A

  • Support business leaders in preparing/ articulating strategies with available opportunities in the industry through financial modeling, feasibility analysis and SWOT analysis • Build detailed annual operating plan in line with business strategies, engaging functional heads by providing historic data points, performing financial analysis required by cross functional peers and performing cost/benefit and sensitivity analysis, ensuring accurate, timely and complete submission of operating plan to the region and internal stakeholders• Support business leaders to understand/review business growth factors and competitors performance through market analysis, trend analysis • Prepare monthly and quarterly reports (FTM and YTD), performing variance analysis against Operating plan/Forecast and previous year, prepare presentations with detailed explanations for significant variance• Track drill down performance of company in terms of portfolio, broker, channel, etc., regularly to ensure it adds value to the company, identify and communicate areas of concerns/opportunities to the respective functional heads to help making informed decisions • Engage functional heads in weekly review meetings for better understanding of business performance and to avoid surprises• Produce ad hoc reports and presentation for management/ business leaders to drive performance Show less

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  CPA Ontario

  Oct 2015 - Jan 2017

  Studying & Parenting

  Actively seeking new opportunities in Accounting & Finance

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  CIBC

  Feb 2017 - Jun 2017

  Financial Reporting Analyst

  • Retail Banking Products - Management Reporting- Building monthly and quarterly financial results, performing variance analysis against Plan/Forecast and previous year, explaining the components driving the variances i.e. impact of Prime/BA, liquidity premium, volumes, rate and change in treasury.-Building presentations with detailed commentary and performance charts for Senior Executive VP and Group Head of Retail Banking.• Building presentation decks for Asset liability committee along with insights of Deposits, Mortgage and Lending, performing variance analysis, competitor’s analysis, monitoring KPIs • Developing CEO reports for the Expenses by performing variance analysis and building presentations with detailed commentary• Process improvement and cross training • Performing ad-hoc analysis to support CFO team Show less

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  RBC

  Jul 2017 - now

  Manager - Financial Control

  • Preparing and approving journal entries in line with accounting policies and IFRS for asset capitalization, expenses accrual and month end adjustments• Implementing and maintaining financial controls for new / existing products in line with accounting policies, new changes, amendments, IFRS adoption• Variance analysis, assist in commentary on monthly and quarterly performance presentation• Assist with implementation of IFRS 9 transition project, working closely with SOX and IC team to ensure sufficient controls are in place, trial run of transition entries• Work effectively with key stakeholders to perform Standard of Documentation (SOD) monthly review and follow-up on queries to ensure timely resolution• Review and validate daily / monthly reconciliations, P&L reporting, financial information and enhance internal control processes• Performing capitalization assessment as per IAS 38 – Intangible assets• Responding to internal / external auditors queries Show less