Quickbooks
BALARAM Velappan
Senior Analyst - US Taxation And US Retirement Plan 401k Specialist
Chennai
Summary
Thorough Senior Analyst with over a 11 year background in US retirement plans and 6 tax seasons in US taxation . Excellent planning, organizational and communication skills. Ready to help team achieve company goals.
Overview
11
11
years of professional experience
3
3
years of post-secondary education
Work History
Senior Analyst
Wipro Technologies
Chennai
05.2011 - 10.2022
- US defined benefits and US defined contribution.
- Preparing Tax returns with compliance with US federal and State law
- Overall Roles and Responsibilities
- 11+ years experience in US defined benefits and US defined contribution
- Perform Cheque Transaction processing
- Knowledge in US 1099 process, W2 and 1040 Form, 1120
- Expertise in concept of 401K, Defined Contribution and Defined Benefits
- Generating invoices for PPT
- US Payroll taxes
- Possess knowledge in Process flow Charts, Lotus Notes, and generating day to day reports on inventory
- Providing Hardship loans based on emergency need of PPT
- Reviewed Rollover, Roth , IRAs and 401k Plans to ensure they are qualified under IRS and plan guidelines and regulations
- Worked with a call out team giving them the requirements needed for Roll-overs to be processed before stock markets close for participants
- Assisting the changes of Standard Operating Procedures (SOP) according to client needs
- Assists in developing financial controls, procedures, systems, and forecasting
- Experience on tools like SharePoint for designing, preparing and reviewing reports
- Performs regular reporting for the business by handling the sensitive data
- Develops and maintains financial models
- Liaising with key users and decision makers to give reports and get feedback
- Works with multiple stakeholders helping them solve their business problems
- Coordinates and facilitates meetings with clients to gather and document requirements and explore potential solutions
- Provides time estimates for project related tasks
- Manage and assist individuals with the preparation of US tax calculation.
- Performed quality assurance to meet appropriate standards and facilitate improvement of processes.
- Recommended process improvements to continually identify, analyze and fix constraints and challenges.
- Discovered root causes of problems and identified appropriate solutions.
Education
MBA - Finance
Edith Cowan University
Bangalore 05.2009 - 01.2010
B.COM - Finance
Madras University
Chennai 06.2006 - 04.2009
Skills
Tax return preparation
undefinedAdditional Information
Tax preparer with extensive knowledge of federal tax regulations and over 11 years of experience in preparing and evaluating tax returns. Administered 120 tax reports for the tax season, maintaining good accuracy and ensuring the clients receive maximum benefits permitted by law.
Good Knowledge on Forms 1040,1120 , US GAAP, US retirement plans Defined contribution and Defined Benefits
Software
Intuit Lacerte
Microsoft Excel
Timeline
Senior Analyst
Wipro Technologies
05.2011 - 10.2022
MBA - Finance
Edith Cowan University
05.2009 - 01.2010
B.COM - Finance
Madras University
06.2006 - 04.2009
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