corporate tax, internal and operational audit executive
Emirates chartered accountants group
Total years of experience :5 years, 2 Months
Accounting of day to day operations, payroll, accounts payable, accounts receivable and preparation of financial statements as per IFRS
Handled Internal audit of Hospitals, engaged in providing health care services and medical College and dental College.
Handled statutory audit of trust which is engaged in providing various services to the people.
Managed Internal audit of Public sector undertakings deals with pulses and crude oil etc.
Handled Internal audit in Educational institutions engaged in providing various educational services.
Worked on filing of Income tax returns for 50+ individualsand 25+ firms and 10+ companies and GSTR monthly and annual return filings & GST compliances of corporate entity and Roc documents as per tax audit requirements and also preparation of provisional financial statements.
Worked in GST Consultant team as a key person in listed company including preparation of workings and notes to reply to authority Incase of notices
Handled stock audit of private entities.
Accounting
•padsing journal entries of Day to day operations
•payroll and accounts payable and accounts receivable management
• preparation of financial statements as per IFRS
• Bank/ cash reconciliation
• petty cash management and accounting
• year end scrutiny
Income Tax:
• Filing of Income Tax returns and computation of income tax liability of Individuals, companies and trusts registered under Section 11 and 12 of Income Tax Act, 1961(India).
• Income Tax audits of Trust (Registered under sec 11 & 12 of Income tax Act), Educational Institutions and listed Manufacturing Companies with turnover more than 500 crores INR according to the applicable statute.
Statutory Audit (Along with preparation of Financial Statements) of :
• Educational Institutions and preparation of Consolidated Financial statements and accompanying reports in accordance with applicable financial reporting framework.
• Investment entity which is US based subsidiary.
Internal Audit and Risk Mangement:
• Internal Audit of Listed company manufacturing DG sets, AC motors and DC Generators and reporting the same to Audit manager and director.
• Internal Audit of company manufacturing textile machinery with Turnover around 700 crores and led the team of 4 members.
• Internal Audit of Public Sector Undertaking along with testing the operating effectiveness of Internal controls set up by the management of the entity.
• Plan, organize, direct and monitor internal auditor operations ensuring overall quality by deliverables and completion of assigned works in budgeted timeline.
Indirect Tax (VAT and GST):
• Filing of VAT yearly return VAT 240 as per Karnataka Value Added tax Act (India).
• Indirect Tax (GST) audits of companies and Filing of monthly, quarterly and annual GST returns of entities.
• Reconciliation of Input tax Credit in GST and also verification of eligibility of Input Tax Credit as per Section 17(5) CGST Act, 2017 (India).
• Apportionment of eligible Input tax credit of companies according to exempt and taxable supplies as per Rule 42 and Rule 43 of CGST Act, 2017.
• Played a pivotal role within the GST Consultant team for a Listed Company, handling responses to notices from GST authorities.