PRACHI JAIN

FP&A (Senior Executive)

• Performed multi-level revenue and cost analysis across business units and service lines, driving insights into prepared and executed reports at the management level.
• Prepared a dashboard for cost variance analysis.
• Actual vs. Forecast analysis of costs at various levels, such as customer, unit, or sector level.
• Conducted an in-depth analysis of standard vs. Actual per-person salary cost, identifying system-level discrepancies.
• Evaluated financial models by comparing existing models with new ones to enhance decision-making for the future.
• Generated MIS reports for SMUs and GBLs: shared cost trend sector-wise and service-line-wise for valuable decision-making.
• Prepared a PPT at the end of the monthly cycle to give an overview of sectors and GBLs' performance.

International Taxation (Industrial Trainee)

• Responsible for filing VAT returns for 6+ subsidiaries and 5+ branches for various entities of Wipro Limited globally.
• Assisted in liaising with vendors and internal teams to resolve statutory compliance issues.
• Detected and addressed variances in accounting, ensuring accurate resolutions. Performed the necessary adjustments to align GST returns with the accounting records.
• Conducted numerous discussions with consultants to stay compliant with VAT return regulations and ensure.

Indirect taxation:

• Filed quarterly and monthly GST returns for 50+ clients.
• Prepared GSTR 9 and 9C for 25+ clients, including one Bangalore-based airline company with a turnover.
• Assisted and responded to the income tax and GST scrutiny assessment against the order of the A.O./GST officer.
• Prepared miscellaneous forms, like ITC04.
• Developed strategies to reduce tax liabilities through process improvements, or exemptions available under applicable laws.

Direct taxation:

• Computed and filed tax returns for over 100+ clients, achieving a 98% accuracy rate by using Winman software.
• Successfully filed tax audit reports for 20+ clients, including a company having a 200 cr turnover, resulting in improved compliance.
• Filed 30+ TDS and TCS quarterly returns, ensuring compliance with Income Tax Laws.
• Ensured accurate and timely compliance of TDS, TCS, and advance tax calculations.

Other

• Contributed to the internal audit of a company dealing in the automobile sector for compliance with Indian financial regulations by streamlining the audit process and improving documentation accuracy.
• Prepared financial statements in accordance with Generally Accepted Accounting Principles.
• Reviewed and analyzed accounting records, including trial balances, and general ledgers.