PRERNA SHUBHAM RAHATE

• Role-
• Processing of year-end accounts which entails the following processes:
• Procuring required information from the Admin team and respective Investment Managers to work on year-end accounts.
• Preparation and Reconciliation of bank transactions for pension fund account.
• Preparing schedules for the fund accounts.
• Analysing the investment reports into managed funds, segregated investments, derivatives, pooled investment vehicles, etc. Ensuring that the investment schedules are prepared per the pension guidelines i.e. under SORP regulation.
• Compiling and analysing relevant financial data to be used as a basis for the preparation of Trial balance for Pension Fund Accounts
• Documenting all activities, performing checks, financial analysis and reconciliations.
• Preparing the Trustee Annual Reports as recommended by the onshore team.
• Case management of pension fund account audits end to end through the audit and trustee signoff process for schemes under your portfolio
• Report on the financial position of the scheme and the results of its operations to trustees in accordance with generally accepted accounting practice, statute and client instructions.
• Preparing and submitting quarterly/annual returns as per the regulatory reporting.
• Updating the databases for all jobs on a regular basis.
• Communicating with all clients, administrators, fund managers and auditors in preparing and arranging for audits and dealing with all queries.
• Meeting agreed service standards and adherence to internal procedures so as to provide a consistent and proactive client service to the highest standards.
• Report on the financial position of the scheme and the results of its operations to trustees and the Pensions Authority in accordance with generally accepted accounting practice, statute and client instructions.

Achievements

• Award-Winning Performance: Twice honored with Spot Awards for exceptional contributions and dedication, demonstrating a high standard of work quality and proactive problem-solving.
• Stakeholder Trust: Consistently earned formal appreciation from key stakeholders for the precision and timely delivery of complex files, ensuring seamless business operations and high client satisfaction.
• Increased team efficiency with regular training sessions and performance reviews, leading to higher productivity levels.
• Process Automation & Visualization: Leveraged Power BI to overhaul manual reporting processes in one of our processes.

• Role-
• Preparation of Monthly Balance Sheet
• MIS Reports
• Monitoring & Supervising - Vendor Payments
• Vouching of Purchase Bills
• Scrutiny of Accounts
• Balance Sheet Statements for Tax Audit Report
• Finalization of Accounts
• Knowledge of Direct & Indirect Taxes
• Knowledge of GST Audit
• Stock Checking & Valuation
• Export freight checking
• Work related to Credit rating

• Role-
• Finding bugs in financial accounting module.
• Preparation of bug report.

• AUDIT:
• Statutory audit of Private Companies of various sectors.
• Ensuring compliance with Accounting Standards, Corporate Laws and other relevant laws and Requirement of Revised Schedule VI
• Preparing Audit Report.
• Active involvement in planning, allocation of work, ensure completion of audit within target time.
• TAXATION:
• Computation of tax liability and tax planning in case of individual, partnership firm and Companies.
• Preparation and filing of Income tax returns.
• Tax audits of Companies, Partnership Firms and Proprietors.
• INDIRECT TAXATION AND OTHER COMPLIANCES:
• Preparation and Filing of Vat returns and Service Tax Returns.
• Vat Audit
• Computation of Service Tax Liability.
• Assisting in analysis, preparation and finalization of financial statements.