Netal Nakrani

Seasoned Finance & Taxation Leader with 17+ years of diversified expertise in Accounting Operations, US & Indian Tax Compliance, Financial Governance, Fund Management, and Multi-state Regulatory Reporting across complex business environments. Proven expertise in Direct & Indirect Taxation, including IRS filings (1120SF, 1099, 940/941, 1040, 1065, 1090, 843, 2848, 2220), GST, TDS, TCS, Sales Tax, City Tax, and State-wise US tax compliance, with a strong track record in resolving regulatory notices and driving audit readiness.

Strategic Accounting Operations

Manager skilled in end-to-end AP/AR oversight, general ledger control, P&L analysis, month-end closing, cashflow forecasting, financial consolidation, asset management, and MIS reporting for multi-entity enterprises. Cross-Functional Leadership Specialist managing teams of 17–20+ professionals across Taxation, Banking, Payables, Lien Subsidiaries, and Payroll, with expertise in competency development, SLA governance, KPI frameworks, and workflow optimization. Transformation-Driven Finance Professional with strong capabilities in process reengineering, automation using Macros & Power BI, SOP development, controls enhancement, and operational excellence initiatives to improve throughput and accuracy.

Expert in US Hospitality Finance Operations overseeing accounting, payroll, compliance, procurement, merchant statement verification, chargeback review, and fund-flow management for hotel groups across Minnesota, Ohio, Wisconsin, and Michigan.

Technically Proficient Finance

Practitioner with hands-on experience in SAP FICO, JD Edwards–Oracle, Tally ERP, QuickBooks, Taxation software (Taxman) (Ultra Tax), and advanced MS Office for analytical modeling, documentation, and audit support.

Strong

Governance & Compliance Champion, serving as an active IC Member under POSH Act 2013 & demonstrated excellence in financial controls, legal compliance, internal audits, and risk mitigation & Statutory compliance across diverse business units.

Manager - Taxation and Compliance - Archer Transnational Systems India Pvt Ltd. - Vadodara

(2023-11)

• Driving end-to-end Tax Operations Management by overseeing estimated taxes, annual Form 1120SF filings for ~500 clients, Form 1099 filings for 2000+ vendors, Form 2848 and Form 843, Form 2220 along with ledger scrutiny, and compliance deliverables with zero-defect accuracy.
• Managing IRS Communication & Compliance Governance by responding to IRS notices, leading tax audits, and coordinating resolutions with government authorities to ensure timely closure of legal and statutory matters.
• Leading High-Performance Team Operations by supervising a 17–20 member cross-functional team across Taxation, Lien Subsidiary, Banking, and Payables, Accounting while fostering continuous skill enhancement and operational excellence.
• Strategizing Resource & Bandwidth Optimization by planning, allocating, and implementing work distribution models that maximize workforce productivity and ensure SLA adherence.
• Driving Performance Management Frameworks by establishing and reviewing KPIs, leveraging TMS for effective task delegation, and ensuring consistent achievement of service delivery targets.
• Enhancing Process Efficiency & Controls by identifying operational gaps and implementing automation solutions using Macros, Power BI, and digital tools to strengthen accuracy, speed, and policy compliance.
• Spearheading Training & Documentation Excellence by developing comprehensive SOPs, process flows, checklists, and multimedia training modules to institutionalize process knowledge and reduce operational risk.
• Overseeing Financial Controls & Reporting by monitoring banking operations, managing payments, reconciling 1,200+ bank statements, guiding proper chart of accounts usage, and reviewing P&L and balance sheets to support strategic decision-making.
• Driving end-to-end accounting operations, optimizing general ledger integrity, and ensuring accurate financial reporting in alignment with statutory and regulatory frameworks.
• Overseeing direct and indirect taxation functions, ensuring 100% compliance with statutory filings, audits, and regulatory obligations.
• Leading financial planning cycles, driving budgeting and forecasting accuracy, and leveraging analytical insights to support strategic decision-making.
• Implementing process improvements and digital automation initiatives to elevate operational efficiency and reduce turnaround time.

Group Manager Accounts G Finance - Perin LLC G Group Of Hotels and Motels - Roseville, Minnesota, USA

(2020-01 - 2023-10)

• Provided strategic leadership to end-to-end Accounting & Finance operations by directing all functional activities, ensuring financial governance, operational efficiency, and compliance across multiple hotel properties in the USA.
• Oversaw multi-state financial, taxation, payroll, and legal compliance for hotel groups operating in Minnesota, Ohio, Michigan, and Wisconsin, ensuring adherence to state and federal regulatory frameworks.
• Led and managed cross-functional Accounting and Payroll teams by defining roles, establishing structured work schedules, and enhancing workforce productivity through clear accountability and performance oversight.
• Managed complete financial operations including Accounts Payable/Receivable, Cash Flow, Fund Flow, Audit, Payroll, Purchasing, Procurement, and Operations, ensuring seamless financial controls and reporting accuracy.
• Administered statutory taxation requirements by handling state-wise and federal tax payments & filings (Sales Tax, City Tax, IRS Form 940, 941, 944, 1065, 1040, 1090 Federal Withholding, Unemployment Taxes, W2/W3), ensuring timely submissions and compliance for all hotel entities.
• Resolved legal notices and regulatory discrepancies by collaborating with U.S. government departments and ensuring effective closure of compliance issues across all hotel groups.
• Drove commercial operations for new business acquisitions by managing registration processes with U.S. government departments for unemployment, taxation, and other statutory requirements for newly purchased hotels and motels.
• Delivered accurate management reporting by preparing financial statements, validating merchant statements, overseeing chargebacks, refunds, and adjustments, and reviewing Expedia/Booking.com invoices while driving error-free vendor payment processes and asset management—including purchases, disposals, and depreciation.

Sr. Account Executive - Weatherford Drilling and Production Services Pvt. Ltd.

(2014-11 - 2019-12)

• Spearheaded Direct and Indirect Taxation Compliance by managing end-to-end TDS/TCS payments, quarterly filings (26Q, 24Q, 27Q, 27EQ), and ensuring accurate ledger reconciliations in alignment with statutory timelines.
• Ensured GST Governance & Regulatory Adherence by preparing and validating data for GSTR-1, GSTR-3, GSTR-3B, coordinating employee income tax computations, and issuing Form 16 and Form 12BA with complete accuracy.
• Optimized Accounts Payable Operations by executing GRN and PO verification, streamlining invoice booking processes, and ensuring timely and compliant supplier payments.
• Managed Foreign Import Payment Compliance by overseeing payment workflows for imported materials and services, including preparation and submission of Form 15CA/CB and coordinating with banks for regulatory validation.
• Supported Budgeting & Financial Forecasting Processes by assisting in annual budget formulation, conducting fund forecasting of expenditures and income, and ensuring fund availability for business operations.
• Led Export–Import Financial & Documentation Controls by handling export–import documentation, collaborating with shipping vendors, managing BRC/IFRC processes, and ensuring accurate booking and payment of customs duty.
• Directed Month-End Financial Closure Activities by preparing provisions, recording journal entries, compiling monthly reports, reconciling general ledgers, verifying P&L and Balance Sheet accounts, and issuing vendor balance confirmations.
• Administered Financial Controls for Assets, Banking & Compliance by managing asset mapping and depreciation, conducting physical stock verification and stock audits, preparing debit/credit notes, reconciling excise accounts, and ensuring accurate bank reconciliation statements.

Account Assistant - Steelco Gujarat Limited. - Palej, Bharuch

(2012-09 - 2014-11)

• Led Comprehensive Indirect Taxation Compliance by managing Service Tax reverse charge mechanisms, ensuring timely monthly payments and half-yearly return filings, while coordinating with multiple banks for statutory certifications and audit readiness.
• Ensured VAT & TDS Regulatory Adherence by overseeing VAT (Sales Tax) D-return submissions, issuing C-Forms, managing complete TDS workflows—including payments, quarterly filings (26Q, 24Q, 27Q, 27EQ), and issuance of Form 16A and Form 12BA.
• Optimized Accounts Receivable Management by monitoring receivable aging, driving fund follow-ups with internal stakeholders, conducting customer ledger scrutiny, and preparing management reports for advance payment adjustments and revenue tracking.
• Strengthened Accounts Payable Processes by executing invoice verification against GRNs, POs, and work contracts; ensuring accurate booking of GRN and non-GRN invoices; and processing supplier payments in accordance with due dates and organizational controls.
• Executed Month-End Financial Closure by performing ledger scrutiny, account reconciliations, monthly provisions, and preparing financial summaries to support accurate reporting and audit compliance.
• Directed End-to-End Payroll Administration by managing payroll for 300+ employees and 100+ contract staff, ensuring accurate salary processing, wage settlements, and generation of statutory payroll reports for management and labor departments.
• Ensured Statutory Payroll Tax Compliance by administering timely payments for Income Tax, PF, PT, and ESIC, and maintaining accurate documentation aligned with statutory and audit requirements.
• Managed Import Documentation & Customs Compliance by preparing import documentation, coordinating customs duty calculations and payments, and ensuring adherence to international trade regulations.

Accountant - Comfort Realty Pvt. Ltd. - Vadodara

(2009-08 - 2012-09)

Sr. Office Assistant - Rushabh Infotech - Vadodara

(2008-07 - 2009-08)

MBA - International Business - UPES (2022 - 2022)

M.Com. - Banking and Insurance - M.S University (2010 - 2010)

PGDBI - Banking and Insurance - M.S University (2008 - 2008)

B.Com. - Accounts & Finance - M.S University (2007 - 2007)