Prakash Kathet

US CPA Candidate with North Dakota State Board of Accountancy

Mississauga, Ontario, Canada

About

A results-driven accounting and finance professional with 18 years of progressive experience across transportation, manufacturing, aviation, real estate development, outsourcing, and logistics sectors. Guided by the philosophy of continuous improvement, I consistently seek to refine processes, strengthen financial controls, and expand my knowledge in an ever-evolving business landscape. I bring a strong foundation in accounting principles, taxation compliance, financial reporting, and cost-saving initiatives, with a transparent and practical approach to report generation and decision support. I firmly believe that collaborative teamwork, combined with a continuous improvement mindset, is the cornerstone of an effective and efficient accounting function — and I aspire to leverage my diverse cross-industry expertise to contribute at a management level, driving both operational efficiency and long-term organizational growth.

Experience

  • Finance Manager at Lightspeed Global Inc.
    Apr 2025 - Present · 1 yr 3 mos

    Lead full-cycle accounting and financing while providing direct supervision and guidance to A/P, and A/R teams. Overseeing all day-to-day financial operations with a strong focus on accuracy, compliance, and adherence to accounting principles, I serve as the primary finance liaison to third-party stakeholders including banks, insurance providers, government agencies, shareholders, and investors. I manage cash flow in alignment with the Procurement department, oversee inventory purchasing across Asia, Europe, and the United States. I prepare and present monthly, quarterly, and annual financial statements to owners and investors to support strategic decision-making. Notable achievements include successfully clearing a five-month backlog of transactions within 3 months of joining, standardizing key accounting processes — including period locking, accruals, and a full balance sheet reconciliation and clean-up — and completing audits for five companies in collaboration with Grant Thornton within 5 months of joining the organization.

  • Senior Accountant at Hunter Express Ltd
    Oct 2022 - Mar 2025 · 2 yrs 6 mos

    Responsible for month-end close duties which include month end JE for payroll, accrual and multicurrency, Consolidated IS, BS (19 companies) and prepare YTD financials for financial institution. Cost Allocation in branch, intercompany and reconciliations of intercompany transactions, Assist in audits, preparation of audit work papers and year end audit packages. Ownership of ad-hoc projects and analysis to support business decision-making and mitigate risks. Develop and maintain Key Performance Indicator (KPIs) to monitor financial metrics and provide actionable insights to support decision making. Develop and document business processes and accounting policies to maintain and strengthen internal controls. Work Closely with A/R, A/P, Accountant, Payroll Team and sport errors and provide guidance, training to 21 accounting staffs and review their work. Ensure Depreciation and Amortization on monthly basis to create accurate monthly Financial Reports.

  • Senior Accountant at Aramex
    Aug 2018 - Sep 2022 · 4 yrs 2 mos

    Aramex is a leading global provider of comprehensive logistics and transportation solutions. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and innovative multi-product offering. Supervise & Reconcile of Customer/Supplier sub-ledger and approve the transaction to Main GL. Balance confirmation of intercompany worldwide, And Ensure Ageing, collection (Overseas & Local). Lead the annual budgeting process, including aspects like revenue forecasting, expenses planning and capital expenditure projections. Ensure Trial Balance, P/L A/C and Balance Sheet transaction monthly, quarterly and yearly. Ensure compliance to CRA, WSIB, ADP and reconcile GST/HST, WSIB accounts. Smooth and effective accounting procedure complying with company policy and procedures. Train, (Accounting Concept, IFRS Excel etc.) Assist, Supervise and Support 2 accounting staff (A.P & A/R). Ownership of Ad hoc reports to Management and HQ.

  • Regional Senior Accountant at Turkish Airlines
    Apr 2014 - May 2018 · 4 yrs 2 mos

    Star Alliance member, Turkish Airlines is today a four star airline with a fleet of 231 aircraft (passenger and cargo) flying to 229 cities around the world, comprised of 38 domestic and 191 international destinations. Worked as a Regional Sr. Accountant for Turkish Airlines Kathmandu, Nepal, where my task is to monitor and supervise all account & admin related work since the beginning as an acting Accounting Manager. • Register the company Turkish Airlines in Kathmandu Nepal with Back up document MoU between Nepal and Turkey as complying with country laws. Established Accounting Process and Policy for the country complying with Global Turkish Airlines standard and policy. Resolved and facilitated crisis handling to passengers for insurance claim, medical treatments etc. when there was an accident of Turkish Airlines Aircraft in Kathmandu, Nepal. Was appreciated by Global Turkish Airlines CEO for crisis handling from accounting department. Obtained award as Best Taxpayer for Turkish Airlines from Nepal government. Ensure A/P (Landing Parking, Navigation, Quarterly TAX, Vendors, Agents Commission etc.) and ensure the cash flow. Ensure A/R (office sales, IATA (CASS), GSA, Cargo Sales), Repatriate fund to Istanbul, Turkey. Lead the finance team and continuous improvement for effective accounting procedure. Maintain Cost Centre and profit Centre accurately. Ensure the month end closing with accuracy and following IFRS. Review all key financial processes to create operational efficiencies and identify any control gaps.

  • Finance & Admin. Manager at WebSearch Professional
    Aug 2013 - Mar 2014 · 8 mos

    As Finance & Admin Manager with the responsibility of 4 companies Websearch Professional Pvt. Ltd., Shine Cleaning Pvt. Ltd., S & S management service and Watarbaran Bio-fuel Pvt. Ltd., my major challenge was to raise the fund and maintain the cash flow. Besides the carrying out of accounting procedure and implementation of companies policies I was responsible for Liaison with the clients, vendors, staffs, banks, tax office, auditor, Lawyer, agents, managing director and so on.