Dharam Singh Choudhary

Indirect Taxation Responsibilities :

• Prepared and filed GST returns within statutory deadlines, ensuring accuracy and timeliness.
• Ensured full compliance with GST laws, rules, and regulations as per statutory requirements.
• Conducted periodic GST reconciliations and audits to identify and resolve discrepancies.
• Maintained and managed GST documentation, records, and compliance reports.
• Provided advisory services on GST matters, compliance requirements, and process improvements.
• Monitored legislative changes in GST and implemented necessary updates in accounting systems.
• Managed project funding and financing activities in compliance with tax regulations.
• Advised clients on government subsidy schemes and facilitated successful claims.
• Negotiated favorable settlements with taxing authorities on disputed assessments, reducing potential liabilities for the company significantly.
• Implemented process improvements to optimize data gathering for accurate tax calculations.
• Collaborated with cross-functional teams to ensure proper application of tax laws and regulations.
• Reviewed established accounting systems and historical information to identify strengths and weaknesses of existing methods and controls.
• Professionally negotiated and dealt with taxpayers in confrontational situations.
• Provided expert guidance on complex indirect tax matters, supporting key business initiatives and decisions.
• Developed comprehensive audit defense strategies, resulting in successful resolution of numerous state audits.
• Delivered training sessions for employees on indirect tax concepts and procedures, enhancing overall understanding within the organization.
• Maintained up-to-date knowledge on evolving indirect tax regulations through continuous education and professional development activities.

Key Responsibilities:

• Achieved Topline Business Targets by sourcing business through channel teams, including DSAs (Direct Selling Agents) and Connectors.
• Build and strengthen relationships with bank branches through daily visits and regular concalls with branch managers, while cross-selling additional products to maximize revenue opportunities.
• Plan and execute sales promotion activities, including expos, events, and other market engagement initiatives.
• Lead the launch of new products, ensuring smooth adoption, visibility, and customer engagement.
• Ensure high-quality customer service to maintain key client satisfaction.
• Manage end-to-end product operations, from login to disbursement, including CC (Cash Credit), OD (Overdraft), and Term Loan products.
• Handle renewals of CC, OD, and Commodity funding (WHR limits) across Rajasthan, ensuring timely processing and regulatory compliance.
• Oversee documentation processes for all products, ensuring adherence to internal and statutory standards.
• Collaborate with internal teams, including Credit and Operations, to streamline workflows and enhance operational efficiency.
• Drive acquisition of channel partners, primarily Chartered Accountants (Connectors), to expand the sourcing network.
• Monitor and prevent fraudulent or high-risk proposals from entering the system.
• Provide timely feedback to the central team for improvements in product features, processes, and operational efficiency.
• Facilitate product knowledge and sales technique training for team members and branch managers across Rajasthan.
• Handle customer issues related to renewals, interest servicing, bank guarantees, current accounts, and insurance-related matters.
• Develop and maintain long-term relationships with customers and suppliers through effective account development.
• Implement process improvement initiatives, reducing operational costs and optimizing resource management.

Key Responsibilities:

• Ensure stability of income from existing clients while exploring opportunities for new income generation from both existing and prospective clients.
• Add value to clients and maintain a competitive edge by structuring and implementing innovative deals in working capital, term loans, and project finance.
• Leverage credit expertise and product knowledge to design effective and compliant deal structures.
• Maintain and strengthen business banking client relationships, focusing on account growth and wallet share enhancement.
• Manage customer relationships by expanding the book size and increasing cross-selling opportunities.
• Oversee Trade Finance and cash management services, including the working capital cycle of client companies.
• Acquire and maintain business loan clients while ensuring high standards of service and regulatory compliance.
• Perform financing activities tailored to client requirements, including structuring loans and monitoring repayments.
• Maintain and monitor the number and balances of current accounts (CAs) for clients.
• Cross-sell banking products to increase wallet share and account profitability.
• Achieve individual targets while ensuring high-quality service delivery and adherence to regulatory and compliance standards.

Client Reporting & Fund Accounting:

• Prepare and review comprehensive Client Reporting Packages, ensuring accuracy and compliance with internal and regulatory standards.
• Record income from dividends and interest payments from purchase dates and Ex-dates in fund books.
• Perform NAV (Net Asset Value) validation, noting exceptions and ensuring accurate allocation to investors based on their proportionate holdings.
• Book and review accruals, expenses, fees, and payments on a daily basis, ensuring timely and accurate entries.
• Manage admin fee calculations, incentive fees, and management fees, incorporating hurdles, waterfalls, and carried interest complexities.
• Conduct month-end fund pricing and comprehensive reconciliation reviews including cash, position, and NAV.
• Ensure all trades, fees, income, and corporate actions are accurately booked and reconciled.
• Oversee investor allocations, ensuring precise distribution of fund NAV to all investors.

Trade & Post-Trade Operations:

• Responsible for the end-to-end post-trade process, including trade transmission to counterparties, trade matching, confirmations, and exception resolution.
• Monitor market events and trends that could impact trading, settlement, or reconciliation.
• Research and resolve complex country-specific trade and settlement issues.
• Identify reconciliation breaks and perform necessary adjustments to maintain data integrity.

Audit & Compliance Support:

• Support internal and external audits, including cost roll-forward analysis and related documentation.
• Ensure all financial records, trade data, and reconciliations are audit-ready and compliant with policies.
• Work on month-end reconciliations and end-to-end financial statement preparation and review.

Team Management & Development:

• Establish clear performance metrics for team members to track progress and achieve targets effectively.
• Enhance team performance through regular coaching, feedback, and skill development initiatives.
• Promote a positive work environment by fostering teamwork, open communication, and employee recognition.
• Train new team members on company procedures, systems, and regulatory requirements.
• Schedule and conduct periodic training sessions for both new and experienced staff to enhance operational efficiency and compliance awareness.

• Managed end-to-end NAV process, including trade uploads, dividend booking, pricing, cash and position reconciliations, capital activities, performance and management fee calculations, and daily NAV computation.
• Worked on multiple fund types, including Private Equity, Futures, Equity, Options, and Crypto Funds.
• Handled investor-level accounting and addressed related queries.
• Performed allocation of P&L and expenses across fund structures and at the investor level.
• Generated independent fund and investor NAV and capital rolls.
• Computed estimated and final returns, including Gross/Net returns and IRRs.
• Ensured accurate booking of all trades, fees, income, corporate actions, and accruals in fund books.

Investor Transactions & Legal Compliance:

• Processed investor capital transactions such as subscriptions, redemptions, transfers, distributions, and drawdowns.
• Reviewed legal documents, including LPAs, PPMs, and fee agreements, to ensure compliance and accurate fund setup.
• Set up legal entities, investors, classes, series, and deal partitions in accordance with legal documentation.
• Analyzed and implemented management fees and incentive fees, incorporating hurdles, waterfalls, and carried interest complexities.
• Validated and processed corporate actions affecting investor accounts.

Reconciliation & Reporting:

• Reconciled investor-level NAV components, including opening capital, net capital activity, gross P&L, new issue P&L, ending NAV, management and incentive fees, returns, units, and NAV per share.
• Identified reconciliation breaks and performed necessary adjustments to ensure data integrity.
• Prepared daily, weekly, and monthly reports for internal and external stakeholders.
• Ensured completion of all end-of-day (EOD) checks and validations.

Fund Operations & System Expertise:

• Assisted in new fund setups and migrations across existing and new clients.
• Participated in User Acceptance Testing (UAT) for system upgrades and fund implementations.
• Maintained strong familiarity with custody systems and their functionalities.
• Recorded income from dividends and interest accurately from purchase or Ex-dates in fund books.

Audit & Compliance Support:

• Provided audit support for internal and external audits, ensuring all financial records and reconciliations were accurate and compliant.
• Assisted in setting up fund structures and operational workflows in line with regulatory requirements.

Training & Team Development:

• Scheduled and conducted periodic training sessions for new and experienced staff to enhance knowledge and operational efficiency.
• Mentored team members to ensure understanding of fund processes, system functionalities, and compliance standards.

Taxation & Compliance:

• Assisted in Tax Audits and ensured compliance with statutory requirements.
• Assisted in filing of Income Tax Returns and Service Tax Returns.
• Supported implementation of Excise and Custom documentation procedures for manufacturing companies.
• Coordinated with Excise and Custom departments for procedural compliance.

Accounting & Financial Reporting:

• Prepared Bank Reconciliation Statements and maintained accurate records.
• Assisted in preparation of final accounts and year-end financial statements.
• Managed bookkeeping using Tally and other accounting software.
• Assisted in preparation of project reports for raising bank finance.

Audit Support:

• Assisted in internal audits, ensuring documentation and processes complied with organizational standards.

Office & Client Management:

• Maintained client records and documentation systematically.
• Supported overall office management activities to ensure smooth operations.