In the current era of economic globalization, a vast number of organizations across the world have opted for Finance Shared Services, where they outsource their financial operations to a third party to manage. Owing to the growing unemployment as well as demand for higher pay scales in the west, companies have started outsourcing their financial operations to countries such as India, Vietnam, and Egypt, resulting in rapid growth in the Finance Shared Service sector of these countries.
Started in 2016 by Khushboo Agarwal, Prabhash Agarwal, and Nirav Patel, Fincirc International Management is a Dubai (UAE)-based leading financial service company specializing in a wide range of Consultancy Services, such as outsourced Accounting & Bookkeeping Services, CFO Services, Local and International Taxation, GCC Compliances, and Audit Assistance and Advisory services. The firm also engages in multiple global advisory assignments through its other group companies and multinational partner network.
With an employee strength of 40, the firm is currently serving more than 400 clients globally, and has associated and withholds partnerships with firms in Europe, the USA, Asia Pacific, and the MENA region. Over the years, Fincirc also has helped its clients set up companies in the UK, USA, South East Asia, and the MENA region.
Coming to the service portfolio, what makes Fincirc stand out from the rest of its peers in the market is its core motto which resolves around three factors- quality, flexibility, and smart work. The firm has a zero-compromise policy when it comes to quality and has always ensured that high-quality service at par with global firms is provided to its customers. The firm also has internal SOPs defined for every assignment. The hierarchy structure at the firm ensures a two-level check for all the deliverables before delivering to the customers.
Apart from ensuring a seamless top-down and bottomup approach, Fincirc also implements other strategies, such as Value Chain Analysis and Lean Methodology, to avoid unnecessary delays for its customers.
The firm has always been pretty flexible when it comes to adapting newer technologies or expanding its limits to engage larger clients. “We as a firm are not engaging in any Push- Sale Strategy. Rather, we are trying to educate our social media connections and the world about the expectations from the governments and other local bodies in very simple and layman’s terms. We like to engage with more customers intellectually and are also publishing materials of our in-house training for free to increase customer engagement”, shares Prabhash Agarwal, Managing Partner & Co-Founder, Fincirc International Management.
Starting in 2016, Fincirc had a humble beginning from a small office, with all three of its partners engaging in sales and execution. Over the years, the firm has been experiencing rapid growth owing to its high-quality deliverables, highly competent team, and excellent client engagement strategies. The three partners of Fincirc have a combined experience of more than 50 years and have a support team of professionals from various prestigious institutes, such as ICAI, ACCA, ICAEW, and so on. The firm also engages its team in monthly training, which helps them grow professionally. As part of its future roadmap, the firm aims to be a multi-dimensional entity with more offices in the EU and MENA region.
What makes Fincirc stand out from the rest of its peers in the market is its core motto which resolves around three factors- quality, flexibility, and smart work
Nirav Patel, Senior Partner – Audit & Assuranc & Co-Founder
Nirav Patel heads the Audit and Assurance department of Fincirc with specialization in the assurance engagements of semi-government organizations, statutory audits, agreed-upon review engagements, and financial due diligence. A fellow Chartered Accountant and graduate in Law and Commerce, he holds a Certificate of Practice from ICAI (India) and is a licensed Auditor from the Ministry of Economy (UAE).
Khushboo Agarwal, Partner – Tax & Compliance & Co-Founder
Khushboo Agarwal is a Chartered Accountant with expertise in Tax Structuring, Financial Advisory, and Cost Management. She heads the Financial Advisory Services, Tax, and Compliance wing of Fincirc and is an advisor-on-board to many esteemed Private conglomerates, Family offices, and Semi-Government organizations.
Prabhash Agarwal, Managing Partner & Co-Founder
Prabhash Agarwal has expertise in Audits, Value Chain Analysis, Business Advisory, and Project Management and looks after the firm’s growth strategy, new projects, and expansion plans. He is a Chartered Accountant with Post-Graduation in Financial Markets.