CA. Navneet Kumar Jain

Compliance:

Comprehensive Direct Tax compliance of AMNSIPL and its 21 group companies, including one trust, one Section 8 company, and one entity in GIFT City. Key area includes :

• Tax Audits by Big 4 firms;
• Monthly TDS & TCS payments and Quarterly TDS & TCS returns;
• Domestic and International tax advisory (DTAA);
• Obtaining LDC certificates;
• Tax assessments and participation in analyzing M&A benefits.
• Contract review w.r.t. tax related clauses.

Automation Projects:

Spearheaded multiple automation projects at the group level, including:

• Migration of 20 companies from SAP ECC, tally to SAP S4 Hana RISE;
• MSME classification and reporting through SAP;
• Automation of higher TDS deduction based on PAN Aadhar linking;
• Auto posting of TDS/TCS receivables based on 26AS, along with the process automation for sending Forms 16 and 27D to vendors and customers through SAP.
• Currently leading the development of clause 34 & clause 44 compliance functionalities in SAP and 15CA/CB auto workflow along with secured documentation.
• Web development for providing foreign tax opinions through portal and end to end documents storage.

Financial Review & Compliance:

Review of Financials Statements; implemented Internal Controls, conducting Risk Assessments and ensuring SOX compliances.

Training & Development:

Providing SAP, Excel, Accounting and tax trainings to colleagues of related departments ie. AP, AR, Capex etc.

• Overall responsibility for accounts including Accounts Payable, Capex reporting, MIS, Costing etc.
• Finalization of Financial Statements and ensured compliance with SEZ and AEO norms.
• Managed Direct and Indirect Taxation
• Implemented internal financial controls and conducted risk assessments.

• Oversaw direct taxation, including TDS/TCS payments and returns, issuance of TDS/TCS certificates, advance tax, Form 15CA, IT and TDS/TCS assessment compilations, income tax computation, and supported automation projects for TDS/TCS certificates.
• Managed indirect taxation, including preparation and finalization of GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, and Form ITC-04) with reconciliations with GSTR-2A and 2B.
• Calculations of Export Benefits under AEO and Incentive Benefits under GST.
• Preparation of various MIS reports for top Management.
• Maintaining and Updating Fixed Assets Register, Depreciation Accounting, Oversee Project Accounting, Capex reporting etc.
• Analyzed and maintained the Risk Assessment Register and implemented internal financial controls.
• Managed accounts payable, including bulk raw materials, ensuring zero defaults in compliance with the MSME Act, 2006.

• Led GST filings, GSTR-1, GSTR-3B , GSTR-9, GSTR-9C
• Implemented systems, procedures, and manuals for the preparation and maintenance of statutory books of accounts and financial statements in compliance with IND AS.
• Prepared monthly financials, including the balance sheet, profit and loss statement, cash and fund flow statements, and reconciliations for debtors and creditors to monitor financial performance.
• Maintained the Fixed Assets Register.

• Conducted Audits (Statutory audit, Internal audit, Tax audit), prepared tax audit reports, and performed asset verification.