Assignment Pro
Karthik Kondapavuluri
Tax Manager
Hyderabad,Telangana
Summary
Results-oriented professional with over 12 years of experience in global mobility, human resources, international taxation, total rewards, strategy management, process efficiency and automation, client and stakeholder management, and team management. Skilled at identifying process gaps and implementing automated solutions that drive process efficiencies, resulting in improved deliverables and direct impact on margins. Successfully manages process transitions without disrupting the current flow, ensuring a seamless transition of the workforce from old to new methods. Excels at managing, coaching, and growing a team of HR professionals while fostering an inclusive culture that enables team members to thrive and excel in their work. Highly experienced in client engagement, onboarding, and implementing new clients, including writing proposals and contracts for onboarding. Demonstrates excellent analytical skills with a proven ability to present KPIs, perform budget analysis, billing analysis, WIP analysis, and reporting to facilitate executive-level decision-making. A strategic planner proficient in developing and streamlining systems to enhance operational effectiveness and meet operational goals within cost, time, and quality parameters. Builds and maintains strong working relationships with stakeholders, clients, and team members. Recognized for outstanding performance and contributions towards organizational success, earning appreciation and awards from management. Brings brilliant leadership experience in managing and mentoring teams to achieve better performance and enhanced systems for higher team performance. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence. Tech-savvy innovator with hands-on experience in emerging technologies and passion for continuous improvement. Skilled in identifying opportunities for technological enhancements and implementing effective solutions. Adept at leveraging new tools and methods to solve problems and enhance productivity. Excels in adapting to fast-paced environments and driving technological advancements.
Detail-oriented individual with exceptional communication and project management skills. Proven ability to handle multiple tasks effectively and efficiently in fast-paced environments. Recognized for taking proactive approach to identifying and addressing issues, with focus on optimizing processes and supporting team objectives. Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organizational growth. Results-oriented achiever with proven ability to exceed targets and drive success in fast-paced environments. Combines strategic thinking with hands-on experience to deliver impactful solutions and enhance organizational performance. Possesses versatile skills in project management, problem-solving, and collaboration. Brings fresh perspective and strong commitment to quality and success. Recognized for adaptability and proactive approach in delivering effective solutions. Equipped with strong problem-solving abilities, willingness to learn, and excellent communication skills. Poised to contribute to team success and achieve positive results. Ready to tackle new challenges and advance organizational objectives with dedication and enthusiasm.
Overview
12
12
years of professional experience
12
12
Certificates
3
3
Languages
6
6
years of post-secondary education
Work History
Tax Manager
Deloitte Tax Services India Pvt. Ltd.
06.2023 - 09.2024
- Part of Global Mobility team overseeing end to end relocation process primarily focused around the area of Global Mobility Compensation (GMC), relocation, immigration, social security, tax dealing with total rewards of international assignees
- Responsible for dealing with Payroll Managers and HR Business Partners who deal with Compensation management of employees of an organization who specifically travel on assignments i.e., travel limited to work as associated taxation laws of multiple countries
- Key deliverables include:
- Shared Service Management: Responsible for delivery of client deliverables that include various monthly payroll related global instructions, compensation and benefits, Equity and Bonus that amount to 30000 client service hours with 100 percent quality within stipulated deadline from the Center of Excellence
- Automation and Process efficiencies: Expert in identifying process gaps and expert in implementing automated solutions that drive process efficiencies that ultimately increase the quality of the deliverables and have a direct impact on the margins
- The time saved from automating redundant tasks is invested in upscaling the team members to perform complicated calculations and reviews
- Designed and managed the below developments: Process specific tools as per requirements of clients and team, Provide suggestions and facilitate UAT for Deloitte products, Robotic Process Automation (RPA) implementation, SharePoint for the service line (including Implementation), Alteryx workflow design, implementation and GO LIVE
- Operations Management: Directly responsible for planning, time management, prioritization, and follow-ups
- Have strong analytical skills and attention to detail
- 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.
- Optimized internal controls by implementing standardized procedures for managing compensation, documentation, and recordkeeping.
- Created training materials and led educational sessions for colleagues on emerging tax topics or regulatory changes that may affect the organization's operations.
- Identified potential areas of risk exposure in existing operations, recommending corrective actions to mitigate liabilities.
- Promoted a culture of continuous improvement within the department through regular feedback sessions and process evaluations.
- Collaborated with cross-functional teams to ensure seamless integration of tax considerations into business decisions.
- Delivered tailored solutions to clients across various industries by thoroughly understanding their unique business structures and challenges.
- Enhanced payroll compliance by leading the implementation of automated payroll software systems.
- Evaluated the impact of changing tax laws on organizational strategies, providing guidance on necessary adjustments to maintain a competitive edge.
- Served as a subject matter expert in various operational areas such as payroll compliance, international taxation, and state/local taxes.
- Complied with established internal controls and policies.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Tax Senior
Deloitte Tax Services India Pvt. Ltd.
09.2019 - 05.2023
- Business Transition: Transition of work from the Business centre to the shared services and Centre of Excellence that resulted in improvement in margins and increased revenue
- Team Management: Managing a team of 80 professionals, monitoring performance, guiding, coaching and mentoring team, both new and experienced members to achieve assigned business goals
- Stakeholder Management: Responsible for presenting KPIs, perform Budget Analysis, perform billing analysis, and perform WIP analysis
- Significant hands on experience with MS Power Point and other MS Office applications
- Ability to design and analyze performance metrics and interpret these into trends and data-led decisions and outcomes
- Client Management: One of the direct points of contact with clients of Deloitte to cater to their needs and queries
- Responsible for on boarding new client for Global Mobility within the shared service as well as on boarding and implementing the client for the business centre including internal contractual setup
- Experienced in building and maintaining effective collaborations
- Recognized for reliability, integrity, and trustworthiness
- Designed various policy structures and compensation structures to help the client to provide the best pay structure to its employees
- Supported complex projects, including new policies, programs, systems implementation, and other business reorganizations in collaboration with key stakeholders
- Helped clients with payroll setups in multiple international locations
- This involved dealing with multiple international stakeholders both internal and external, negotiating with foreign banks for exception setup, presenting research papers about the respective country law and taxation rules
- Analytics: Presenting monthly, quarterly, bi-annual and annual KPIs to the respective clients on various GCM processes: Payroll Instructions, Reconciliations, Compensation data reporting and key highlights from regional calls
- Presenting monthly feedback analysis to stakeholders about performance of the team, quality misses, budget vs
- Actual analysis, impact of the implemented process efficiencies etc
- Other Responsibilities: Process Restructuring, Change Management, Performance Management, Resource Management, Hiring and Training, etc
- Spearheaded efforts to improve internal processes through ongoing professional development workshops and training sessions for staff members.
- Mentored junior staff members to develop their skills in tax planning and strategy formulation, enhancing overall team performance.
- Advised clients on complex tax situations, facilitating informed decision-making and minimizing potential liabilities.
- Implemented effective communication strategies within the team, fostering a collaborative environment that facilitated knowledge sharing and problem-solving capabilities.
- Developed spreadsheet models to accurately track tax information.
Finance Lead
Ashoka Developers and Builders Ltd.
01.2015 - 03.2016
- Handled finance for a project
- Responsible for the Finance Team, HR Team and Legal Team
- Gained considerable knowledge of the industry
- Key Contributions are:
- Market Presence: Swiftly networked with banks that helped in gaining the market presence leading to the organization build a market presence that eventually led to a seamless flow of banking transactions and negotiations
- Collaboration with banks helped as a value addition in gaining the trust from customers
- Process Streamlining: Adopted various tools and techniques along with the help of department head that led to the implementation of a standardized billing and approval process with stipulated contractually agreed cut offs
- Developed financial models for business forecasting, facilitating data-driven decision making.
- Successfully negotiated contracts with vendors, resulting in cost savings and improved terms.
- Conducted regular risk assessments to proactively address potential issues impacting the organization''s finances.
- Improved financial efficiency by streamlining processes and implementing cost-saving measures.
- Led budgeting process for successful allocation of resources and maximization of profits.
- Managed a team of finance professionals, ensuring accurate reporting and compliance with regulations.
- Conducted thorough financial analysis to identify areas for growth and improvement opportunities.
- Mentored junior staff members on finance best practices, fostering a culture of continuous learning and development.
- Optimized cash flow management strategies, ensuring sufficient liquidity for daily operations and long-term investments.
- Enhanced profitability by analyzing pricing structures and recommending adjustments based on market dynamics.
- Oversaw the preparation of financial statements, ensuring accuracy and timely submission to stakeholders.
- Streamlined month-end closing procedures for increased efficiency and reduced errors in reporting.
- Collaborated with cross-functional teams on strategic initiatives, providing valuable financial insights and guidance.
- Managed relationships with external auditors, ensuring seamless coordination during annual audits and reviews.
- Spearheaded process improvements within the finance department, driving increased productivity levels among team members.
- Implemented robust internal controls to mitigate risk and safeguard company assets.
- Championed a culture of fiscal responsibility throughout the organization by consistently promoting sound financial practices.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Reviewed documentation and identified financial discrepancies where applicable.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Created organizational structures to improve accounting and finance functions.
- Developed strategic plans for day-to-day financial operations.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Complied with established internal controls and policies.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Tax Consultant I
Deloitte Tax Services India Pvt. Ltd.
09.2012 - 12.2014
- Worked on various internal processes and projects as assigned by both UK Team and US India Team and completed the work on time and with 100% quality and efficiency
- Responsibilities included e-filing reports, Stats Reports and Missing Information Reports
- Worked in close coordination with UK Tax Authority, The HMRC on the UTR process
- Designed various new processes for the team as well as improved the existing processes
- Well versed in MS Excel
- Reduced client tax liabilities by identifying applicable deductions and credits.
- Advised clients on best practices for maintaining compliance with changing tax regulations, avoiding costly penalties.
- Reviewed client financial statements to ensure proper classification of expenses for optimal tax benefits.
- Streamlined tax preparation process for increased efficiency and accuracy.
- Analyzed detailed information from various sources to prepare accurate reports supporting well-informed decision making.
- Implemented effective record-keeping systems for clients, simplifying future tax preparations and improving organization.
- Checked data input and verified totals on forms prepared by others to detect errors in arithmetic, data entry or procedures.
- Utilized tax software to prepare returns and meet deadlines.
- Analyzed financial documents to accurately reflect client information on tax returns.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
Education
MBA - General Management
Indian Institute of Management
Kolkata, India 11.2017 - 11.2018
Bachelor of Commerce - Commerce and Finance
Maitreyi Degree College
Hyderabad, India 04.2009 - 05.2012
Skills
Tax compliance expertise
undefinedCertification
GMS-T certified
Awards
- Best Innovator of the team, 2016-17
- BEST IN CLASS - Best in expansion of business performed in India, 2013-14
Software
MS Office Suite: Excel, PowerPoint
MS Projects
Visio
SharePoint
Alteryx
Workday
Accomplishments
- Supervised team of 80 staff members.
- Automated work equivalent to 5 FTE
- Transition new work from on shore to off shore equivalent to 5 FTE in one fiscal year
- Implemented International Payroll Software
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference
Work Type
Full TimeWork Location
On-SiteRemoteHybridLanguages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Telugu
Elementary (A2)
Interests
Global Mobility
Human Resources
Management
Shared Services Management
Timeline
Tax Manager
Deloitte Tax Services India Pvt. Ltd.
06.2023 - 09.2024
GMS-T certified
10-2022
Tax Senior
Deloitte Tax Services India Pvt. Ltd.
09.2019 - 05.2023
MBA - General Management
Indian Institute of Management
11.2017 - 11.2018
Finance Lead
Ashoka Developers and Builders Ltd.
01.2015 - 03.2016
Tax Consultant I
Deloitte Tax Services India Pvt. Ltd.
09.2012 - 12.2014
Bachelor of Commerce - Commerce and Finance
Maitreyi Degree College
04.2009 - 05.2012
Course on Six Sigma Green Belt
Course on Six Sigma Black Belt
Course on Writing a Proposal
Operational Excellence Foundations Course
Six Sigma Foundation Course
Lean Six Sigma: Analyze, Improve and Control Tools
Negotiation Skills
Master of Leadership and Strategy
Career Management Essentials
Distributed Team Management
Certified Business Strategy Professional
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