Karan Joshi
Senior Accountant @Loftus Allen
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WORK HISTORY
Senior Accountant @Loftus Allen
Toronto, ON, CA
As a Senior Accountant at Loftus Allen & Co CPAs, my job duties include the following -• Prepare audit review and compilation reports• Plan and execute financial audits• Assessing internal controls• Execution of audit procedures• Manage client expectations during the audit, review or compilation• Mentor and develop junior staff• Plan and lead assurance engagements• Risk assessment and mitigation• Assess areas of fraud risk• Collecting and verifying financial information• Document findings with detailed reports• Reconciliation of client accounting• Solve client problems and client relations• Plan for Strategy of the Firm\'s Practice inspection and overall direction annually• Identify additional client servicing opportunities.• Draft engagement contracts for new clients• Be part of the scoping and monthly/daily task development process• Establishing digital presence of the firm on various social media platforms• Create an ecosystem of digital platforms for client servicing to enable virtual CFO services.• Standardize client data, process and people across the organization.• Be part of the hiring team and source the best talent for the firm to create synergistic advantage.
EDUCATION
Indira Gandhi National Open University
Bachelor of Commerce - BCom, Accounting and Finance
The Institute of Chartered Accountants of India
Chartered Accountant, Accounting and Finance
Indira Gandhi National Open University
Master of Commerce, Masters with specialization in Finance and Tax
SKILLS
ABOUT KARAN JOSHI
With more than ten years of experience in payroll and compliance, I help organizations develop payroll systems that are accurate, compliant, and centered around people. As a Fundamental Payroll Certification (FPC) holder with credentials from the American Payroll Association (now PayrollOrg), I specialize in U.S. payroll processing, tax withholding, and regulatory compliance.My professional journey began in India, where I spent over a decade managing end-to-end payroll, statutory compliance, and labor law consulting for a variety of industries. After moving to Canada, I gained valuable audit and assurance experience, deepening my understanding of internal controls, accuracy, and financial integrity.Today, I bring a unique blend of Indian payroll expertise and North American compliance knowledge — empowering businesses to remain efficient, compliant, and employee-focused. I believe payroll is not just about numbers, but about building trust, fostering transparency, and strengthening employee satisfaction.Currently based in Waterloo, Ontario, I am open to remote, hybrid, or collaborative roles in U.S. or Canadian payroll, compliance, or consulting operations.Let’s connect if you’re seeking:•Proven payroll expertise (India, U.S, Canada)•Strong compliance and analytical skills•Experience navigating cross-border business operations•Commitment to accuracy, confidentiality, and excellenceSpecialties:U.S. Payroll - FPC Certified - Payroll Compliance - Payroll Operations - Multi-Jurisdictional Payroll - Tax Withholding - Indian Payroll - Canada Payroll - HR & Finance Collaboration - Process Optimization - Audit SupportMy biggest strength and proficiency are to understand a business (strategic and financial) situation & figure out an effective and appropriate answer for the stakeholders.Honesty is the default setting of my conduct. Long term vision is to have a Net Positive effect on people\'s life around me. Thank you for choosing to read this.
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