Summary
Overview
Work History
Education
Skills
Additional Information
Accomplishments
Timeline
Generic

PRIYANKA VISHT

Senior Tax Analyst- CapEx
HYDERABAD

Summary

Deadline-oriented Tax Professional with hands on experience in Excel and Data Mining. Subject Matter Expert adept at quickly assessing client needs, developing strategic Capex plans and completing the Fixed Assets compliance procedure to maximize deductions and minimize liabilities. Tax senior with 4+ years of extensive business and individual taxation experience with emphasis in Depreciation. Proficiency in use of computers and accounting and tax software programs. Excellent analytical and time management skills, strong numeracy skills and keen attention to detail to drive results.

Overview

10
10
years of professional experience
5
5
years of post-secondary education

Work History

Senior Tax Analyst

Amazon Development Services
Hyderabad
11.2021 - Current
  • Calculating and managing depreciation and amortization for capital assets, ensuring accuracy and adherence to tax laws and company policies.
  • Working closely with accounting, finance, and asset management teams to ensure proper recording, tracking, and reporting of capital assets. Maintaining accurate records and documentation of all capital expenditures and related tax treatments to support compliance and audit requirements.
  • Conducted targeted tax research to facilitate informed project planning and compliance efforts. Calculated estimated and Capex related tax liabilities and issued payment instructions to facilitate timely corporate tax payments.
  • Coordinated with external auditors during annual audits to ensure accurate representation of company's tax positions on financial statements. Supporting internal and external audits by providing documentation, explanations, and insights into capital expenditures and related tax treatments.
  • Communicated with external customers and taxing jurisdictions to clarify tax notices and resolve other inquiries. Ensuring compliance with tax laws and regulations related to capital expenditures. This includes preparing and reviewing tax returns, schedules, and documentation for capital assets.
  • Advised business owners on appropriate entity structures to optimize their potential tax benefits based on specific circumstances. Identifying opportunities for process improvement in tax compliance and reporting related to capital expenditures.
  • Streamlined internal processes by developing new procedures for efficient tax preparation and documentation.
  • Participated in creation of tax footnotes for financial statements and other required documentation for tax filings to improve corporate transparency and credibility.

Tax Senior

Deloitte Tax Services Pvt Ltd
Hyderabad
05.2017 - 11.2021
  • Collaborate with the Technology Teams to frequently update the Deloitte Proprietary Depreciation Tool, which includes STAT Model & STAT Analyzer, to maintain them up-to-date in accordance with the ever-changing Tax Codes & Regulations as well as meet the complex fact patterns of all clients in different industries Conducted extensive tests to ensure accuracy and efficiency before the release of upgraded product to tax teams. Facilitated integration of modern Fixed Assets cost recovery software (BNA Fixed Assets) with client accounting software like PeopleSoft - Oracle, FAS, SAP, etc.
  • Extensive experience on initial conversion of Fixed Assets detail for first-year clients, roll-forwards, quarterly provisions, year-end and Tax Return deliverables including reconciliation with PY Ending Balances/Client provided information for CY Activity.
  • Attained experience in book building for GAAP, Federal, AMT, Decoupling States and E&P (for QBAI calculations) purposes.
  • Prepared and Reviewed tax reporting forms like 4562, 4626 and 4797 and reconciled with system generated.
  • Mentored and guided employees ensuring all were trained in product knowledge as well as technical knowledge and capable of performing assigned duties.
  • Validate Book to Trial Balance Variance and Financial data analysis.
  • Analyzing and reviewing US tax returns and financial statements that include balance sheet, income statement, trail balance and determine client firms, financial health in order to quantify impact of corporate decisions like Mergers and Acquisitions on company's finances.
  • Prepare and present quarterly forecast review detailing past performance along with financial projections to support decision making.
  • Preparing workpapers, memoranda, and power point presentations containing summary of analyses and, technical and procedural descriptions of work performed by Deloitte.
  • Build financial models in accordance with IRC guidelines to maximize tax deduction and compute effective benefit. Recommended tax strategies by researching tax issues on CCH, State websites & webcasts documents.
  • Substantial experience in research using various tools like Hoovers, OneSource, Bloomberg, Morningstar and other online research databases

Intern

Madhya Pradesh Financial Corporation
Indore
06.2016 - 07.2016
  • Analyzing over 5-6 Loan cases, understood working of long term and medium term financial assistance to existing and new industrial units, service sector, hospitality sector, health care sector through bouquet of products designed to suit everyone requirement in Madhya Pradesh.

Internship Student

Sant Singhaji Institute (Non-Profit Org)
Indore
03.2014 - 04.2014
  • Worked as trainee for 60 days to draw relevant information from financial reports and statements which helps management in budgeting ,accessing profitability, taking pricing decisions, capital expenditure decisions and so on.
  • Completed range of simultaneous job tasks to support professor's academic, research and operational needs

Education

MBA - Finance And Marketing

Prestige Institute Of Management And Research
07.2015 - 05.2017

Bachelor of Commerce - Taxation

Prestige Institute Of Management And Research
05.2012 - 05.2015

Skills

    Book building & Short Year computations

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Additional Information

● Leadership

Ø Managing the resources working on the service offering,

Ø Handle, distribute, and review the work of subordinates,

Ø Critical Thinking, Detail Oriented and Company Analysis

● Organizational

Ø Targeting client for potential business opportunity, by scoping at the Company's financial statements and fixed assets

Ø Targeting client for opportunities in the light of new Tax Reforms,

Ø Managing and executing Global depreciation and Depreciation Analysis and Reporting projects.

● Communication

Ø Scored Mastery in TOEIC® (Test of English for International communication) in all five areas of communication (Speaking, Writing, Listening, Grammar and Reading).

Accomplishments

  • Won Applause, Spot and Spotlight Awards over the course of 3 years at Deloitte.
  • Coordinated the smart city 2016 events for Indore city with a team of 100 student volunteers.
  • Participated in the 17TH quest for leaders2016, organized by Indore management association (IMA)
  • Presented Research paper on CREATING VALUES THROUGH SOCIAL ENTREPRENEURSHIP CASE ILLUSTRATIONS, in RDA'S 17TH INTERNATIONAL CONFRENCE

Timeline

Senior Tax Analyst

Amazon Development Services
11.2021 - Current

Tax Senior

Deloitte Tax Services Pvt Ltd
05.2017 - 11.2021

Intern

Madhya Pradesh Financial Corporation
06.2016 - 07.2016

MBA - Finance And Marketing

Prestige Institute Of Management And Research
07.2015 - 05.2017

Internship Student

Sant Singhaji Institute (Non-Profit Org)
03.2014 - 04.2014

Bachelor of Commerce - Taxation

Prestige Institute Of Management And Research
05.2012 - 05.2015

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PRIYANKA VISHTSenior Tax Analyst- CapEx