Staff Accountant - AC & Partners LLP - USA & Canada
(2024-01 - 2026-06)
- Leading the team in preparing the year end Corporate & Individual Income Tax Returns of USA and Canada Clients having incomes from niche sources and clients from diversified professions including the Real estate agents, Doctors, Chiropractor Investment companies and by estimating effort, arranging adequate resources, identifying and managing potential roadblocks and delivering results within agreed deadlines.
- Review of financial statements and hands on experience using the Working paper software like Tax Prep, CASEWARE, Axcess Tax, Drake tax for USA and Canadian individual and corporate tax return filings.
- Compliance, Submission, Preparation of replies for the reassessment with Canadian Revenue Agency(CRA) & IRS
- Hands on experience of Payroll (T4) and Dividend Returns (T5) returns Filings with the CRA.
Accounting Director - Lento Law Group PC - New Jersey
(2024-01 - 2024-04)
- Managed bookkeeping for four companies within Lento Law Group PC, ensuring accurate financial records and compliance with accounting standards.
- Performed bookkeeping as per trust-based accounting, including three-way reconciliation as required by the US law firms, to maintain transparency and compliance with legal standards.
- Prepared and filed wage W-2 reports for employees, ensuring timely and accurate submission to relevant authorities.
- Generated and submitted 1099 reports for independent contractors and vendors, maintaining compliance with federal and state tax regulation authorities
- Oversaw payroll processing, including calculating wages, deductions, and benefits for staff across multiple entities.
- Conducted monthly financial reconciliations and reviewed ledgers to identify discrepancies or errors.
Tax Manager - S.R. Sharma & Associates - Delhi, India
(2024-09 - 2024-12)
- Responsible for team recruitment, staff training, and managing overall team performance to ensure high-quality service delivery.
- Oversee tax audits, income tax return preparation, and compliance documentation for high-value clients, providing strategic Financial insights to optimize performance.
- Utilize extensive software expertise, including QuickBooks, Tally, and Power BI, to support advanced financial reporting and data-driven decision-making.
- Drive initiatives for streamlining accounting workflows, creating sustainable practices that align with firm goal.
Assistant Manager - S.R. Sharma & Associates - Delhi, India
(2022-06 - 2024-09)
- Supervised and coordinated the tax audit team, ensuring efficient, accurate reporting and compliance with deadlines.
- Implemented process improvements for corporate tax and financial reporting workflows, enhancing efficiency and compliance.
- Led the Tax audit team in conducting Tax Audits for the year U/s 44AB and submission of Audit Reports to Income Tax Authority
Consultant - S.R. Sharma & Associates - Delhi, India
(2017-09 - 2022-05)
- Led the team in preparing the year end Income Tax Returns and Tax Deducted at Source Return of High Networth clients having incomes from niche diversified sources by estimating effort, arranging adequate resources, identifying and managing potential roadblocks and delivering results within agreed deadlines.
- Review of financial statements to ensure compliance with Taxation Law and Rules.
- Compliance Submission of Documents of Private limited Companies to MINISTRY OF CORPORATE AFFAIRS (MCA).
- Led the Tax audit team in conducting Tax Audits for the year U/s 44AB and submission of Audit Reports to Income Tax Authority.
- Preparing the Accounts of Different Clients including charitable trust, Partnerships, Limited Liability partnership (L.L.P.), Individual.
- Hands on experience in Tally, Busy and Smartbiz Software.
Industrial Trainee - Bharti Airtel Limited (Head Office) - Gurugram
(2016-09 - 2017-08)
- Associated the Consolidation team in Preparation of year end Consolidated Annual Report of Bharti Airtel Limited and special focus was given on reporting of Audited Numbers of 100+ Subsidiaries of the company.
- Associated the Consolidation team in the testing and implementation of Accounting and consolidation software of Bharti Airtel Limited outsourced to IBM which is used to finalize the Consolidated and Standalone financial statements of Bharti Airtel and its 100+ Subsidiaries.
Articled Assistant at A.G.P.R.S & Associates - Punjab National Bank (Concurrent Audit) - Amritsar
(2014-02 - 2016-08)
- Conducted the audit by verification of KYC of customers, loans and advances, cash verification, Tax Deducted at Source verification etc.
- Reported instances of commission in deals to deposit Rs 2.5 lakh or more in specified bank notes into new accounts and Jan Dhan accounts and issue of demand draft/pay order/cheque below Rs 50,000 and subsequent cancellation and payment in cash. Deposits of more than Rs 1 lakh in cash in staff accounts were also reported during Demonetization period.
- Preparation of audit reports and submitting the same to supervisors on Monthly and quarterly basis.
Articled Assistant at A.G.P.R.S & Associates - Punjab National Bank (Revenue Audit) - Bhikhiwind, Adda Daburji, Khadoor Sahib
(2014-02 - 2016-08)
- Conducted the audit by verification of KYC of customers, loans and advances, cash verification, Tax Deducted at Source verification etc.
- Checking whether there is any revenue leakage.
- Levying on Penal Interest for the clients on account of non-submission of stock statements, Annual Renewal Charges, CIBIL Charges.
Articled Assistant at A.G.P.R.S & Associates - Punjab Agro Food Corporation (Internal Branch Audit) - Amritsar
(2014-02 - 2016-08)
- Assisted in modifying the accounting department by fostering a collaborative environment that improved productivity by 3 times, increased individual accountability by >25% and team morale.
- Analysis of Debtors and Creditors- Aging, Recovery Period, Balance Confirmation Procedures.
- Projecting Tax liability and calculating advance tax payable.
- Preparation & filing of GST returns.
- Preparation & Submission of Audit Report to Head Office of Punjab Agro Food Corporation(Chandigarh).
Articled Assistant at A.G.P.R.S & Associates - Swami Satyanand College of Management & Technology (Internal Audit) - Amritsar
(2014-02 - 2016-08)
- Auditing the year end accounts being prepared. Hands on the preparation of Tax Audit Report Form-3CA, 3CD and Preparation & filing of GST returns and Income Tax Return.
- Projecting Tax liability and calculating advance tax payable.
- Identified internal opportunities and recommends methods to improve service, work processes and financial performance, e.g. expense management.
- Audited Financial statements, a statement of activities broken down by related parties should be included as supplementary information. Contributed Goods, Services and Other Assets schools often receive contributions of cash, other assets, and certain services. Other assets contributed to a school may include securities, use of facilities, materials and supplies and curriculum materials.
Articled Assistant at A.G.P.R.S & Associates - Allahabad Bank (Statutory Audit) - Phillaur
(2014-02 - 2016-08)
- Led the audit team being senior auditor assistant in Raipur SME branch of advances more than 500 crores and special focus was given on functioning and effectiveness of system of identifying and reporting of RedFlagged Accounts, Early-Warning System(EWS), Capital adequacy as per Basel-III norms, etc.
- Drafted Long Form of Audit report on the adequacy and effectiveness of internal control structure, alongwith practical recommendations to improve the effectiveness, efficiency and economic value of a control or process.
- Developed a flexible audit-program which led to successful completion of Statutory Audit of Phillaur within a given timeframe.
