Niyati Oza

• Used advanced software to prepare reconciliations, journal entries, documents, reports, and presentations.
• Optimized tax planning strategies, ensuring compliance with all relevant regulations while minimizing liabilities.
• Cooperated with senior leaders to record allocation entries as well as management journal entries with accuracy
• Collaborated with business teams to immediately find resolutions for escalated issues.
• Enhanced financial reporting accuracy by streamlining data collection and analysis processes.
• Reduced month-end closing time by implementing efficient reconciliation and journal entry procedures.
• Collaborated with IT department to develop custom reports that facilitated decision-making based on real-time data analysis.
• Prepared working papers, reports and supporting documentation for audit findings.
• Performed balance sheet GL reconciliations with respect to areas such as accounts payables, accounts receivables, accrued health insurance, payroll, etc.

• Managed and resolved receivables-related queries, ensuring timely collection of payments and maintaining up-to-date accounts receivable records, resulting in a 95% reduction of outstanding receivables.

• Collaborated with stakeholders (Legal, Tax, FPNA, Treasury, Business teams) to resolve customer disputes and queries, establishing and maintaining good client relationships, both internally and externally.

• Reconciled complex accounts and ensured timely escalation of challenges to management, improving the customer experience and meeting monthly productivity goals.

• Analyzed cost trackers and prepared reports on deviations, reducing non-value-added costs and achieving significant cost savings.

• Conducted detailed classification of fees and commission incomes under Ind AS 109 and Ind AS 115, obtaining agreements from respective SPOCs and determining the nature of income.

• Verified Product Program Guidelines (PPG) for all loan-related fees and charges in lending management systems, ensuring accurate rate, periodicity, and nature of income.

• Prepared regulatory updates issued by SEBI, RBI, MCA, and NFRA on a monthly basis, ensuring compliance and up-to-date financial information.

• Assessed and ensured compliance with RBI's outsourcing guidelines, FLDG guidelines, and regulatory restrictions on loans and advances, verifying agreements and related party transactions, enhancing regulatory adherence.

• Automated the preparation of Related Party Disclosures as per Companies Act, Ind AS, RBI, SEBI laws through SAP BPC, integrating with lending management systems like Finnone, Pennant, and Pennant Mortgage, resulting in a streamlined process.

• Prepared business requirement documents (BRD) and communicated with the IT department for project execution, ensuring accurate and timely implementation.

• Conducted User Acceptance Testing (UAT) to validate IT developments, enhancing system reliability and compliance.

Worked in the following key areas:

• Account Finalization
• Statutory Audits
• Income Tax Returns, Audits & Assessments
• Goods and Services Tax returns, Audits, registration, and assessment
• TDS returns
• Payroll processing and management
• Transfer Pricing
• Non-Resident Taxation
• Management Consultancy
• Company & LLP Incorporation
• Corporate compliances including filing of annual return financial statements with ROC and filing of various director forms, Drafting of Minutes of Meetings
• Preparation of Various Reports, Financial Statements of Companies and Certification
• Preparation of forecasted Budgeted costs of a MNC on monthly basis, comparison of the same with actual cost and carrying out variance analysis.