MONIKA SHARMA
Bangalore
Summary
Experienced Senior Tax Consultant with expertise in US Financial Service industry tax practices and regulatory compliance. Motivated and adaptable professional seeking new challenges. Demonstrates exceptional interpersonal skills, a strong work ethic, and the ability to work effectively unsupervised. Quickly masters new skills.
Overview
7
7
years of professional experience
Work History
Senior Tax Associate
Elliott Davis
01.2025 - Current
- End-to-End Tax Compliance: Manage the full tax compliance process for private equity and hedge fund clients, from engagement letter execution to final e-filing.
- Book-to-Tax Reconciliations: Prepare detailed book-to-tax workpapers, ensuring accurate reconciliation between financial statements and tax returns.
- Audit & Review: Analyze and audit financial statements, client-provided reports, and tax documents to ensure compliance with IRS and regulatory requirements.
- Tax Software & Research Tools: Leverage industry-leading software such as CCH Axcess for tax return preparation and Bloomberg Terminal for financial analysis and tax research.
- Regulatory Compliance: Ensure adherence to IRS, SEC, and state tax regulations, addressing complex partnership tax structures and investment reporting requirements.
- Cross-Functional Collaboration: Work closely with internal teams, fund administrators, and clients to streamline tax processes and optimize reporting accuracy.
Tax Senior
EY
11.2022 - 12.2024
- 5+ years experience in Wealth & Asset Management Industry, specializing in Mutual Funds
- Managed the end-to-end tax compliance for regulated investment companies, encompassing engagement letters, coordination of PBC documents, and review of FYE and excise workpapers
- Ensured accuracy in distribution requirements and AFS reviews, and successfully managed the preparation and e-filing of federal, state, and excise tax returns
- Analyzed and reviewed diverse tax adjustments and forms, such as wash sales, REIT/NRR, PFICs, Futures, Forwards, Options, FTC, and complex financial instruments
- Collaborated with the tax transformation and technology team in developing client-specific templates for provision workbooks and tax adjustments
- Managed portfolio of 10-12 clients and guided 2 key accounts while mentoring junior staff to resolve discrepancies and optimize workflow, leading to team performance improvements
- Utilized generative AI to optimize tax preparation and review processes, automate email drafts, and significantly reduce time on routine tasks, enhancing efficiency and productivity
- Managed partnership client, overseeing preparation and review of ECI, FDAP, foreign withholding information, K-1 suite workbook, as well as K-1, K-2, and K-3 schedules
Tax Consultant II
Deloitte USI
05.2019 - 10.2022
- Prepared federal and state corporate tax returns, specializing in 1120 RIC
- Conducted data analysis to assess tax code compliance, identifying eligible exemptions and deductions
- Collaborated with the Unrelated Business Income Tax team to prepare and review workpapers, as well as foreign forms such as 926, 8865, 5471, and 990-T tax return
- Provided comprehensive training for new hires and professionals in the field of RICs and UBIT
Intern
Evalueserve
04.2018 - 06.2018
- Sorted and organized files, spreadsheets, and reports
- Completed research, compiled data, updated spreadsheets, and produced timely reports
- Analyze financial statements of more than 100 businesses to determine credit lending decisions
Education
MBA - Finance
IILM Institute Form Business And Management
06.2019
Master of Commerce -
University of Rajasthan
05.2017
Bachelor of Commerce -
Kanoria PG Girls College
06.2015
Skills
- Technical research
- MS Office
- Advanced excel: macros, pivot tables
- Power BI
- Gosystems and One Source
- Tax documentation
- Tax reporting
- Proficient in professional communication
- Financial statement review
Accomplishments
- Appreciated for Carrying an outstanding Professional Behavior at EY & Deloitte.
- Received SPOT awards at EY & Deloitte for handling team and maintaining the quality of work.
- Worked as an Auditor at 94.3 MY FM & Badaya & Co. and received appreciation certificates for outstanding services.
Mentorship
MASTERS UNION, Mentor, Affiliated with Masters Union, mentoring students in career development and helping them secure better job opportunities.
Timeline
Senior Tax Associate
Elliott Davis
01.2025 - Current
Tax Senior
EY
11.2022 - 12.2024
Tax Consultant II
Deloitte USI
05.2019 - 10.2022
Intern
Evalueserve
04.2018 - 06.2018
Master of Commerce -
University of Rajasthan
Bachelor of Commerce -
Kanoria PG Girls College
MBA - Finance
IILM Institute Form Business And Management
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