Ajith Kumar Satyavarapu Chartered Accountant
Hyderabad
Summary
Qualified Chartered Accountant with 13+ years of experience in Taxation, Finance, and Auditing (including 3 years of article experience), aspiring for a technical, growth-oriented career where my knowledge is fully utilized to impact the organization's development and enrich my professional skills.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Assistant Manager in Indirect Taxation Team
Mashreq Bank
Hyderabad
07.2021 - Current
- Prepared VAT return working papers, including recovery rate and net VAT liability for GCC markets.
- Collaborated with Country Finance and Regional Tax teams to ensure VAT compliance in GCC region.
- Produced MIS reports highlighting dashboards, key risk areas, open points, and VAT action items.
- Engaged stakeholders to facilitate periodic VAT compliance and report findings to relevant teams.
- Supported tax audits and internal audit compliance processes.
- Coordinated with business finance team for timely PSGL entries during month-end closures.
- Executed monthly GL reconciliations for VAT returns and P&L accounts submitted to Financial Control Unit.
Associate Manager in Indirect Taxation Team
Standard Chartered GBS PVT LTD
Bangalore
01.2018 - 06.2021
- Contributed to VAT implementation for UAE, Kingdom of Saudi Arabia, and Bahrain.
- Executed system testing aligned with regulatory requirements across GCC regions.
- Analyzed and established taxability setups for business transactions in various verticals.
- Developed draft plans and conducted impact analysis for new system adoptions.
- Authenticated invoice runs to ensure compliance with regulatory norms.
- Addressed customer inquiries effectively regarding VAT implementations.
- Prepared standard process notes documenting activities undertaken during the project.
Specialist in Record to Report Team
Standard Chartered GBS PVT LTD
Chennai
07.2016 - 12.2017
- Substantiated GL balances for Financial Control compliance.
- Prepared and posted journals in PeopleSoft general ledger for Financial and Management Accounting.
- Provided accounting guidance aligned with group policies for affiliates.
- Developed Management Reallocation advice to optimize resource allocation.
- Conducted ICS reconciliations between affiliates and resolved discrepancies.
- Executed aging analysis and flagged at-risk items for attention.
- Reconciled and settled intercompany balances among affiliates for accurate financial reporting.
- Maintained documentation to support audit processes.
Taxation Executive in Tax team
M/s Archean Group
Chennai
12.2015 - 07.2016
- Key Result Areas
- Handled both direct and indirect taxation for group companies.
- Computation of Total Income, Advance Tax liabilities, interest etc
- Assistance in compiling the information in respect of Appeals, Notices, Statutory Compliance & other assessment.
- Appearing before ITO, AO & CIT for hearings.
- Review of Income Tax computation and Preparation of Advance Tax Computation based on financials.
- Assistance in preparation of ITRs for group companies.
- Coordinating with internal / statutory / tax auditors in the closure of tax audits, TP audits & Income Tax audits.
- Filing of TDS, VAT returns for group companies.
Article Assistant
M/s Brahmaya & CO Chartered Accountants
Vijayawada
08.2012 - 08.2015
- Prepared and filed income tax returns, VAT, and service tax returns for clients.
- Handled income tax assessments and prepared submissions for tax scrutiny.
- Assisted clients with capital gains tax issues and international taxation concepts.
- Ensured compliance with form 15CA/CB and related international taxation regulations.
Skills
❖ Articulated communicator
❖ Motivational speaker
❖ Problem solving attitude
❖ Adaptable to change
Certification
❖ CA - Nov'15
❖ CMA – May'12
❖ BCOM (IGNOU) - May'17
❖ 12th Standard - Mar'09
❖ 10th Standard -Mar'07
❖ CMA – May'12
❖ BCOM (IGNOU) - May'17
❖ 12th Standard - Mar'09
❖ 10th Standard -Mar'07
Accomplishments
❖ Star Award for the exemplary performance in team
❖ Spot Awards for various automations done in the process
❖ Recognized for improved reporting efficiency by eliminating manual adjustments & automating recurring reports.
❖ Spot Awards for various automations done in the process
❖ Recognized for improved reporting efficiency by eliminating manual adjustments & automating recurring reports.
Languages Known
❖ English
❖ Telugu
❖ Hindi
Personal Information
❖ Date of Birth : 01-Jul-92
❖ Gender : Male
❖ Nationality : Indian
❖ Marital Status : Married
Timeline
Assistant Manager in Indirect Taxation Team
Mashreq Bank
07.2021 - Current
Associate Manager in Indirect Taxation Team
Standard Chartered GBS PVT LTD
01.2018 - 06.2021
Specialist in Record to Report Team
Standard Chartered GBS PVT LTD
07.2016 - 12.2017
Taxation Executive in Tax team
M/s Archean Group
12.2015 - 07.2016
Article Assistant
M/s Brahmaya & CO Chartered Accountants
08.2012 - 08.2015