Tally Prime
Ashish Verma
Semi Qualified CA and Certified GST Practitioner
Delhi,Delhi
Summary
To work in a progressive and rewarding work environment where I can actively devote my best ability and professional interest to satisfy my urge for excellence and To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
10
10
years of professional experience
3
3
Certifications
1
1
year of post-secondary education
2
2
Languages
Work History
Senior Audit and Tax Manager
Abhishek Anand & Co.
05.2022 - Current
- Developed strong client relationships by consistently delivering high-quality service and prompt communication.
- Managed a team of junior accountants, providing mentorship and professional development opportunities to foster growth.
- Prepared related tax disclosures for statutory or GAAP financial statements and miscellaneous state and local tax filings.
- Assisted in managing audits of federal and state income tax and state and local filings.
- Prepared and reviewed federal and state income tax returns in accordance with applicable tax laws.
- Reviewed complex federal and state income tax returns for accuracy, ensuring timely filing and compliance with applicable laws.
- Managed a team of auditors, ensuring accurate and timely completion of audit projects.
- Provided valuable insights to senior management on potential business risks identified during audits.
- Evaluated effectiveness of internal controls by testing key controls across various business units within the organization.
- Consistently met deadlines for audit reports, helping maintain company reputation for reliability and professionalism.
- Mentored junior auditors, aiding in their professional development and fostering a positive work environment.
- Analyzed accounting systems for efficiency and effectiveness.
- Reduced financial discrepancies through thorough analysis of company financial statements and records.
- Trained new employees on accounting principles and company procedures.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Identified legal tax savings and recommended ways to improve profits.
- Provided journal entries and performed accounting on accrual basis.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Prepared working papers, reports and supporting documentation for audit findings.
Audit and Tax Consultant
M/s Satyendra Jain & Associates
05.2014 - 05.2022
- Mentored junior staff members, providing guidance on best practices and professional development opportunities.
- Assisted clients in navigating complicated tax scenarios, offering expert advice based on the latest legislation updates.
- Improved internal controls for clients by evaluating existing systems and recommending necessary modifications for compliance purposes.
- Reduced tax liabilities for clients through strategic planning and research of applicable tax laws.
- Delivered high-quality audit reports, effectively communicating findings to management teams for prompt resolution of identified issues.
- Managed multiple client engagements simultaneously, ensuring timely completion of projects without sacrificing quality.
- Increased client satisfaction by providing comprehensive tax consulting services that minimized liability and maximized returns.
- Enhanced audit efficiency by streamlining processes and implementing innovative techniques.
- Developed customized audit plans based on client needs, leading to tailored solutions that addressed specific concerns.
- Fostered strong relationships with clients by maintaining open lines of communication throughout the audit process.
- Identified potential risks for clients by conducting thorough audits and making recommendations for improvement.
- Interviewed clients to obtain additional information on taxable income, deductible expenses and allowances.
- Used appropriate adjustments, deductions and credits to keep client's taxes to minimum.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Identified legal tax savings and recommended ways to improve profits.
- Furnished taxpayers with sufficient information and advice to facilitate correct tax form completion.
- Proactively identified potential fraud or misconduct through meticulous analysis of financial data during audits.
- Facilitated seamless communication between various departments during audits to ensure a comprehensive understanding of company operations.
- Prepared working papers, reports and supporting documentation for audit findings.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
Articled Assistant
M/s Satyendra Jain & Associates
4 2011 - 4 2014
- Analyzed problems and worked with teams to develop solutions.
- Contributed to a positive team environment by collaborating with fellow interns on group projects and presentations.
- Sorted and organized files, spreadsheets, and reports.
- Assisted senior accountants with complex tax filings, ensuring accurate submissions and minimized liabilities.
- Prepared reports and materials to assist with audits.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Identified legal tax savings and recommended ways to improve profits.
- Prepared working papers, reports and supporting documentation for audit findings.
- Provided journal entries and performed accounting on accrual basis.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Managed multiple client accounts, maintaining positive relationships and delivering exceptional service.
- Prepared detailed journal entries to accurately record transactions, improving internal controls and transparency.
- Streamlined audit processes for improved efficiency and reduced errors.
- Reconciled statements to resolve discrepancies.
- Reconciled worksheets to verify accuracy of documents or records.
- Mentored junior staff members in accounting best practices, building their skills and enhancing overall team performance.
- Maintained records and files to furnish reliable documentation.
- Enhanced client satisfaction by providing timely and accurate financial reports.
- Supported clients during tax season by preparing necessary documentation and answering inquiries, reducing stress levels associated with the process.
- Conducted internal audit assignments identifying control weaknesses and providing recommendations for improvement, leading to strengthened financial systems.
Education
Semi Qualified Chartered Accountant - Accounting And Finance
The Institute of Chartered Accountants of India
New Delhi, India 04.2001 -
High School Diploma -
Sarvodaya Boys Sr. Sec. School
Delhi, India 2007.Apr - 2008.Mar
Skills
Financial Reporting
Financial statement review
Worked as a team leader and handled Accounting, Audit, and Taxation Assignments Independently
Experience in preparing and filing GST, TDS, and income tax returns
Tax reporting
Wide exposure in preparation and submission of reply to various notices of Income Tax, GST and TDS
Tax Compliance Expertise
State and Local Tax Knowledge
Indirect Tax Management
Problem-solving abilities
Tax Law Interpretation
Adaptability, Flexibility and Multitasking Abilities
Work Planning
Audit Planning and Documentation
Working knowledge of MS-Word, MS-Excel, Power Point, Tally Prime, Compu Tax and Genius
Certification
Certification in Information Technology by ICAI.
Area of work
- Income Tax
- Goods and Service Tax and VAT
- Representing the clients in GST demand notices before the GST department
- Representing the clients in income tax refund cases, income tax demand notices and assessment cases.
- TDS, PF/ESI Returns
- Statutory Audit
- Internal Audit
- Finalization of Books of Accounts
- Maintaining Books of Accounts as per GAAP and IFRS
- NGO Projects Audit
Personal Information
- Father's Name: Mr. Rajesh Verma
- Date of Birth: 09/11/1990
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Strengths
- Positive attitude
- Hardworking
- Punctuality
- Good listener
- Quick learner
Accomplishments
- Supervised team of 6 staff members in statutory audit.
- Completed more than 200 individual tax returns during 2014 -2023 tax season.
- Completed more than 30 private company and LLP tax returns during 2014 -2023 tax season.
- Worked with clients to prepare individual tax and GST tax returns.
- Grew business through focusing on quality tax preparation.
- Successfully handled the GST and Income tax notices and reduce the Demand.
- Professionally maintained the Books of Accounts of Individuals and Companies.
- Documented and resolved GST and Income tax issues.
- Handled and resolved the largest Number of GST Notices pertain to FY 2017-18 to FY 2019-2020.
Work Preference
Work Type
Full TimeLocation Preference
On-SiteRemoteHybridSoftware
Genius
CompuTax
Interests
Cricket
Affiliations
- The Institute of Chartered Accountants of India
- Grant Thornton
Timeline
Senior Audit and Tax Manager
Abhishek Anand & Co.
05.2022 - Current
Audit and Tax Consultant
M/s Satyendra Jain & Associates
05.2014 - 05.2022
High School Diploma -
Sarvodaya Boys Sr. Sec. School
2007.Apr - 2008.Mar
Semi Qualified Chartered Accountant - Accounting And Finance
The Institute of Chartered Accountants of India
04.2001 -
Articled Assistant
M/s Satyendra Jain & Associates
4 2011 - 4 2014