Rachit Manocha
Tax Manager
Summary
Highly motivated and proactive professional seeking to contribute and excel within an organization. Skilled in creative thinking and generating innovative ideas. Driven by a commitment to excellence and achieving both personal and organizational goals. Strong organizational abilities, effective communication, and people management skills. Well-equipped to thrive in a collaborative work environment. Extensive knowledge in US Tax, specifically Individual Tax Returns (Form 1040), Fiduciary Trust Tax Returns (Form 1041).
Overview
13
13
years of professional experience
1
1
Certification
Work History
Manager
Citrin Cooperman
12.2024 - Current
- Leading the HNI Long Island office
- Leading the family office engagements with the US Directors majorly 1040 and 1041 returns
- Reviewing simple 1065 returns
- Reporting Manager and PCL for seniors and supervisors responsible for their performance and overall growth in the firm
Experienced Manager
PwC
04.2022 - 11.2024
- Leading one of the PFS markets working on Ultra High Networth Individuals
- Second level review of 1040 and 1041 HNI returns along with 709s
- I was a Relationship Leader and Coach for a group of Individuals responsible for their overall development and growth
- TTT (Train the Trainer) certified - Lead a number of trainings for the new hires and the experienced professionals
- I was actively involved in new and lateral hire recruitment
- Leading an Event Management team involving in team activities, awards and recognition
- Received a number of awards and recognition from the US and the India leadership
Supervisor
RSM
12.2021 - 04.2022
- Co-lead the PCS Ultra High Networth Individual team working on the family office clients
- Reviewed the 1040 HNI returns and 1041s on CCH Axcess and SurePrep for the family office clients
- Lead the learning team and helped them with the tax technicals
- Acted as a counsellor for a group of individuals and was responsible for their development and growth
Assistant Manager
EY
11.2018 - 11.2021
- Majorly worked on review of Individual Tax Returns and Fiduciary Trust Tax Returns for High Networth Clients
- Reviewed the returns on CCH Axcess
- Worked on SurePrep which is a BOT system which helps in preparing the workpapers and auto exporting the K-1s, 1099s and other PBCs to CCH Axcess
- Review of Partnership (Form 1065) Returns - Federal and State Returns
- Reviewed the returns on Gosystems
- Worked on K-1 Suite (A tool which auto exports the K-1 details to ADMN workpaper and from ADMN to Gosystems respectively which increases the efficiency in preparing Partnership Tax Returns)
Tax Senior
Deloitte
03.2014 - 11.2018
- Review of Individual, Trust and Gift Tax Returns for High Net Worth Individuals and Family office clients
- Worked on K-1 Xtract (A tool which helps to auto export the K-1 details to the CCH Axcess which increases the efficiency and saves time)
- Review of Quarterly Projections/Estimates for the Individual and Trust Returns done on BNA Income Tax Planner
- Review of Partnership (1065 and SMLLC Returns) Returns - Federal and State Returns
- Reviewed the returns on Gosystems
- Coordinating with clients for timely submission of the PBC's and for any open points
- Coordinating and Establish professional relationships with onshore team members and Regional Offices
- Preparation of monthly Balance sheet reconciliations and the payroll
- P&L Review: Reviewing P&L Accounts of all the subsidiaries to analyze the actual expenses to the budgeted expenses and commenting on variances
- Handle Billing and the forex for the rotators of all the subsidiaries of Sapient
- Handling Expense Reporting of all the Geographies for Sapient
Financial Analyst
Sapient Consulting Ltd.
09.2013 - 02.2014
- Preparation and analysis of Financial Statements of Sapient Subsidiaries
Financial Analyst
IBM
10.2012 - 09.2013
- Preparation and analysis of Financial Statements of clients of IBM
- Preparation of monthly Balance sheet reconciliations and Budget Forecasting report
- P&L Review: Reviewing P&L Accounts of the clients and the reporting to analyze the expenses
- Billing and the Credit note handling for the clients of IBM
Education
MBA - Finance
Bhagwan Parshuram Institute of Technology
01-2012
BBA -
Chander Prabhu Jain College of Higher Studies
04.2001 -
Skills
Team leadership
Strategic planning
Decision-making
Performance management
Staff development
It Credentials
MS Office (Word, Excel, PowerPoint, Access), CCH Axcess, GoSystem, K-1 Xtract, SurePrep
Extracurricular Distinctions
National Seminar on 'Volatility in Stock Market' and 'Tourism Perspective: Common Wealth Games-2010'., Vth Annual Inter College Sports Meet 2008-2009, conducted by G.G.S.I.P. University for volley ball., Deloitte Intra FSS Cricket Tournament., Merit certificates for sports & athletics at school level.
Accomplishments
Successfully completed four months of US secondment to PwC New York office
Certification
Enrolled Agent
Timeline
Manager
Citrin Cooperman
12.2024 - Current
Experienced Manager
PwC
04.2022 - 11.2024
Supervisor
RSM
12.2021 - 04.2022
Assistant Manager
EY
11.2018 - 11.2021
Tax Senior
Deloitte
03.2014 - 11.2018
Financial Analyst
Sapient Consulting Ltd.
09.2013 - 02.2014
Financial Analyst
IBM
10.2012 - 09.2013
BBA -
Chander Prabhu Jain College of Higher Studies
04.2001 -
MBA - Finance
Bhagwan Parshuram Institute of Technology
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