Project Manager- Advisory Services, Finance and VAT
Crowe MAK, Part of Crowe Horwath International
Total years of experience :12 years, 5 Months
• As a Project Manager, performing VAT implementations and health checks for various companies in different industries (like Real estate, Trading, Shipping, e-commerce etc.)
• Setting up VAT processes and meeting with clients for process set up and further scope of services
• Leading VAT team and monitoring controls on client’s projects
• Executing proposals and meeting with potential clients
• Finalizing quarterly VAT returns with filings and payments
• Performing Impact assessments and transaction mappings for all levels of operations and supply chains to ensure correct VAT compliances.
• Giving Presentations at various public platforms and at client places for VAT
• Weekly checking of up to date status on various task with team internally and resolving open queries
• Performing various financial modeling and valuations for various Industries
• Performing various other advisory services
• Review of financial statements for various domestic companies/ branches/ representative offices of a foreign company and other legal frameworks in compliance with International Financial Reporting Standards.
• Leading VAT team and implementing upcoming VAT across all areas.
• Planning strategies, health checks and execution VAT actions plans.
• Review of periodic reports for various deliverables, including payables, petty cash, open items
• Finalization of Interim audit and statutory audit as well as ensuring smooth occurrence and completion of regulatory audits
• Adhering to laws of different free zone for book keeping, reporting and audit filings
• Supervising controls on accounts payable processes
• Review of payroll reports as per Wage protection system.
• Review KPI’s and monitoring controls
• Catch up meetings with clients to discuss ongoing work and new prospects
• Meetings with prospective clients and completing the onboarding process of accounting set ups and other set up to start with operations
• Managing and reviewing Qatar operations and manage the client escalations. Also visit to Qatar office for periodic review.
• Working on processes to be more standardized within the team for client deliverables and documentation control.
• People Management
Managed the accounts & finance of all domestic companies/branches of a foreign company in compliance with Accounting standards, Auditing Standards, Guidance Notes as pronounced by The Institute of Chartered Accountants of India and the provisions of Companies Act as applicable to the client.
• Finalization of statutory audit and tax audit as well as ensuring smooth occurrence and completion of regulatory audits
• Coordinating and dealing with authorities in matters of service tax assessment and various notices under process for refund and rebate claims from government authorities
• Preparation of various refund claims (CBDT and CBEC) and filing and coordination with government authorities for getting the refund
• Carried out analysis of various contracts formed with the vendors, employees, etc.; marked suitable changes and drafted the updated contract with no risks
• Oversaw the cases of the company under the law of Income Tax Act, Finance Act, and other acts
• Generated MIS reports for making accounting environment more convenient & user friendly
• Taking care of provisions of International taxation, transfer pricing (TP) and finalization of TP audits and TP reports.
• Ensuring compliance with STPI rules and foreign trade policy
• Handled the entire function of Taxation i.e. Income Tax (Local & Expatriates), TDS, VAT and Service Tax of company
• Monitored the foreign remittances made in the company i.e. Form 15CA / CB
• Looking after payroll setup for clients and handling employee tax
• Overseeing XBRL filing and preparation of financial Statements and income tax return
• Gathered data for budget forecasts, evaluated results & maintained
accuracy in financial reports
• Maintain banking relationships
• Ensure that sufficient funds are available to meet ongoing operational and capital investment
requirements
• Forecast cash flow positions, related borrowing needs, and available funds for investment
• People Management
o Mentor team members through regular catch up
meetings
o Supervises daily operations and acts as 1st level
of escalation for team issues.
o Providing support to Senior Manager on training
and people development
o Provides performance ratings during year end
performance evaluation Mentor team members through regular catch up
I completed Articleship Training of 3 years in addition to the post qualification experience in the field of audit, tax, accounting and reporting