Palash Bhowmik, FCA (BD)

Fellow Chartered Accountant (BD) | CPA Ontario PEP Candidate

Greater Toronto Area, Canada

About

Accounting and finance professional with hands‑on experience in Canadian small business accounting, tax compliance, and full‑cycle bookkeeping. After building a 19‑year career as a Chartered Accountant internationally, I’ve expanded my expertise in Canada through T1/T2 preparation, HST filings, CCA schedules, WSIB/EHT reporting, and IFRS/ASPE‑based financial reporting. My background spans internal audit, and corporate roles across media, manufacturing, real estate, and nonprofit organizations. I’ve supported month‑end and year‑end close, prepared financial and management reports, reviewed internal controls, and contributed to system migrations and ERP improvements that enhanced accuracy and efficiency. I’m known for being detail‑oriented, tech‑savvy, and calm under pressure. I enjoy solving problems, improving processes, and supporting teams with reliable financial information. Whether it’s tax compliance, reconciliations, reporting, or day‑to‑day accounting, I bring a practical, solutions‑focused approach to every task. Technical Skills: • T1/T2 returns • HST • CCA • WSIB/EHT • IFRS/ASPE • Full‑cycle accounting • Financial reporting • Budgeting & forecasting • Process improvement • SAGE ACCPAC • QuickBooks • CanTax • BlockPro • TaxTron • Advanced Excel

Experience

  • Senior Accountant at Traferox Technologies Inc.
    May 2026 - Present · 3 mos

  • Chief Executive Officer at Money Bees Financial Technology Ltd.
    Mar 2024 - Present · 2 yrs 5 mos

  • Senior Accountant/Finance Lead at York Manufacturing Services
    Mar 2026 - May 2026 · 3 mos

  • Staff Accountant at Thomas CPA Professional Corporation
    Mar 2025 - Feb 2026 · 1 yr

    - Managed full-cycle accounting for small business clients, including AP/AR/GL and reconciliations. - Prepared HST returns, capital asset schedules, and CCA calculations with accuracy and compliance. - Reviewed client payroll data to complete WSIB/EHT assessments, monitored deadlines, and communicated required adjustments to clients - Prepared personal (T1) and corporate (T2) tax returns using CanTax, ensuring timely submission and zero errors. - Conduct financial analysis and reporting leveraging Advanced Excel (Pivot Tables, VLOOKUP,SUMIFS). - Partnered with clients to maintain accurate bookkeeping and accounting records. - Standardized reporting templates, improving consistancy and efficiency across enagements. - Enhanced client satisfaction by delevering timely, proactive financial insights that supported better decision-making.

  • Transcom Limited (16 yrs 7 mos)
    • Financial Consultant
      Feb 2025 - Aug 2025 · 7 mos

    • General Manager (Senior Accounting & Finance Manager )
      Jan 2021 - Feb 2025 · 4 yrs 2 mos

      Transcom Limited is one of Bangladesh’s most renowned conglomerates, with operations spanning media, pharmaceuticals, manufacturing, distribution, electronics, and food & beverage. I worked within its media division — the country’s largest and most influential media company — overseeing financial operations across print, digital, book publishing, video streaming (OTT), and radio. Flagship brands such as Prothom Alo and Chorki are widely recognized and trusted by the Bengali community worldwide. This was a senior position with strategic and key business decision making role collaborating with stakeholders including regulatory body and financial institutions. This role gave me a great opportunity to participate strategic dicision making processs and practice leadership skills and to be confident to face chellenges and overcome it. -Coommunicated with top industry leaders to take proactive steps to avoid business risk. -Produced data-driven analysis and business insights to guide value adding initiatives. -Led five teams (42 staff) across accounting, AP/AR, treasury, and ERP, managing full cycle accounting and internal audit for six SBUs. -Supervised ERP integration (ABOM, PSRM, SURJO → Sage ACCPAC), month end close, financial statement preparation, and consolidation. -Presented monthly management reports covering financial highlights, variance analysis, and risk assessments. -Arranged working capital and capex funding at the lowest cost through negotiation. -Directed treasury functions, cash flow management, reconciliations, and budget/forecast preparation. -Initiated process improvements, SOP development, and gap analysis to strengthen internal controls and efficiency. -Led timely tax filings and regulatory compliance reporting while driving cost optimization initiatives that reduced operating expenses by 13% through process improvements and vendor negotiations.

    • Deputy General Manager (Accounting & Finance Manager )
      Jan 2015 - Dec 2020 · 6 yrs

      - Assisted the CFO by providing financial analysis to support decision‑making. - Gained in‑depth exposure to diverse business models, including book publishing, radio operations, and digital advertising. - Developed expertise in handling foreign currency transactions with international parties and ensured proper accounting treatment under IFRS. - Monitored imports and identified global suppliers, achieving cost benefits for the organization. - Contributed to improving the book publication process, creating value‑added initiatives and exploring opportunities for operational efficiency. - Managed full‑cycle accounting including AP/AR, reconciliations and month/year‑end close. - Oversaw costing for book production, events, and radio operations, delivering margin analysis and profitability insights. - Tracked international sales revenue for prothomalo.com from Google, Facebook, and YouTube, ensuring accurate reporting and compliance. - Prepared financial statements, forecasts, and variance analysis while supporting ERP integration and strengthening internal controls. - Achieved measurable cost savings and improved reporting accuracy through process optimization and SOP development.