Assistant Executive (Accounts)
Bharat Petroleum Corporation Limited (A Government of India enterprise)
Total years of experience :3 years, 11 Months
• Handled all India tax deduction compliance, tax return filing, and monthly tax (TDS) payment of 8.42 million US dollars, and team leadership for TDS and TCS compliance.
• Successfully resolved Income Tax notices in a timely manner, minimizing potential penalties of 168, 000 US dollars and adverse consequences for BPCL.
• Liaised with external tax advisors or legal counsel when necessary to seek guidance on complex tax matters and formulate appropriate responses.
• Assisted with the accounts payable function for Bharat Petroleum Corporation Limited (BPCL), ensuring ac curate and timely processing of vendor invoices and payments.
• Successfully reduced TDS discrepancies by implementing automated reconciliation processes, resulting in im proved accuracy and eficiency.
• Prepared and filed TDS returns within prescribed timelines, adhering to statutory requirements.
• Liaised with internal departments and external stakeholders to address TDS-related queries and provide guidance on compliance matters.
• Contributed to the preparation and analysis of financial statements, budgets, and forecasts.
• Supported the internal and external audits, ensuring compliance with accounting standards and regulations.
• I was able to identify and resolve several discrepancies and errors in the financial data, saving time and resources for the company.
• Collaborated with various stakeholders, such as managers, auditors, and clients, to communicate financial infor mation and provide recommendations.
• Assisted in TDS audits and responded to audit queries, maintaining compliance with regulatory standards.
• Implemented process improvements to enhance eficiency and accuracy in TDS compliance procedures.
• Received recognition for consistently meeting TDS filing deadlines and maintaining compliance with regulatory requirements.
• Provided training and guidance to junior team members on TDS compliance procedures, contributing to their professional development and team productivity.
• Handled statutory audits, internal audits, tax audits, and stock audits of various companies, partnership firms,
and charitable organizations.
• Filing of income tax returns, GST returns, TDS returns, and other compliance work for various corporate and
non-corporate clients.
• Preparation of provisional and projected financial statements for various clients.
• Evaluating the efficiency and effectiveness of internal financial controls and executing the audit accordingly.
• Performed substantive testing procedures, including analytical review, sampling, and detailed testing of account
balances, transactions, and disclosures.
• Prepared comprehensive audit documentation, including workpapers, memos, and reports, to support audit
findings, conclusions, and recommendations.
• Communicated audit findings and recommendations to client management and stakeholders, addressing questions,
providing insights, and facilitating discussions on areas of improvement.
• Preparation and maintenance of statutory books of accounts.
First rank in CA intermediate Nov 2019 examination and CA final Nov 2022 examinationunder Kozhikode branch of SIRC of ICAI. Cleared all levels of CA exams on my first attempt.