Jyothi Masspalli

Accounting and Payroll Professional with 6+ years of experience in financial accounting, tax preparation, and payroll compliance. Strong expertise in general ledger management, bank reconciliations, accounts payable/receivable, and ERP systems including Microsoft Great Plains and Dynamics 365 Business Central. Currently supporting payroll processing and federal/New Jersey tax reporting in a CPA firm environment.

Detail-oriented, analytical, and highly organized with a proven ability to meet deadlines in high-volume settings.

Tax & Payroll Assistant - CPA Firm - New Jersey

(2025)

• Process payroll using Accounting CS
• Prepare and file federal payroll tax returns (Forms 941 & 940)
• Submit NJ quarterly payroll reports (NJ-927 & WR-30)
• Perform bank reconciliations in QuickBooks
• Manage payroll funding and initiate ACH payroll transactions
• Process W-4 setup for new hires
• Add new clients and submit engagement forms through Canopy Tax
• Review client data in UltraTax to support tax return preparation
• Assist with NJ Pass-Through Entity (PTE) filings

Accountant - Hudson News Distributors, LLC

(2019-05 - 2024)

• Maintained general ledger using Microsoft Great Plains & Dynamics 365 Business Central
• Prepared and posted journal entries
• Performed bank and account reconciliations
• Managed accounts payable and accounts receivable
• Conducted daily cash position analysis
• Assisted with month-end and year-end closing
• Supported external audits
• Reconciled payroll tax reports with ADP quarterly filings

Tax Preparer - H&R Block

(2017-10 - 2019-04)

• Prepared individual and small business tax returns
• Calculated taxable income and ensured compliance
• Assisted clients with documentation and tax inquiries

Bachelor of Science - Mathematics and Physics - Acharya Nagarjuna University – India