RAJAT WANKHEDE
Nagpur
Summary
Versatile accounting professional with 7 years of experience and proficiencies in account management and reporting. Well-versed in updating and standardizing controls and streamlining procedures to increase productivity and reduce errors in accounting files. Offers advanced abilities with Tally Prime and Other Accounting Software and Microsoft Office.
Overview
8
8
years of professional experience
Work History
Tax, Audit and Accountant Assistance
SARDA SONI ASSOCIATES LLP (CHARTERED ACCOUNTANT FIRM)
2019.12 - Current
- Preparation and Filing GST returns, GST Annual Return and GST Audit for Body Corporates, Partnership Firms and Individuals
- Party Reconciliation with GSTR2A
- Drafting response to GST Department Notices and handling appeal and assessment cases
- Audit team lead for GST audit of companies in Print Media (Navabharat Group), Construction (RPA Group), and MSME
- Drafting response to Sale Tax Department assessment order cases and handling appeal
- Preparation and Filing PTRC returns, Party Ledger Conformation for Body Corporates, Partnership Firms and Individuals
- Preparation and Filing of Income Tax returns and Income Tax Forms for Body Corporates, Partnership Firms and Individuals
- Prepare Tax Audit forms of Companies in Print Media, Construction, Healthcare , Educational Institute ,Trust and MSME
- Drafting response to Income Tax Department Intimations and handling appeal and assessment cases
- Preparation and Filing of TDS and TCS Return and Rectify the default in TDS and TCS
- Preparation of Standalone and Consolidated Financial Statements in compliance with accounting standards
- Drafting response to Local Body Tax Department (NMC) Notice and handling appeal and assessment cases.
- Mitigated annual audit risks and developed final certification reports for small businesses.
- Assisted clients in determining business strategy and achieving profitability goals.
- Researched changes in laws to maintain adherence to financial regulations.
- Maximized tax refunds by striving to obtain taxable income, deductible expenses and allowance details.
- Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
- Managed and trained team members to enhance audit department performance and increase operational efficiency.
- Oversaw full accounting cycle and prepared applicable financial statements.
- Performed audits of operational and financial areas to check compliance.
- Reviewed financial information detailing assets, liabilities and capital and prepared balance sheets and profit and loss statements.
- Examined financial statements and income statements to review company's financial performance.
- Reviewed tax returns for individuals, corporations and partnerships to ensure accuracy.
- Analyzed financial records to determine the appropriate tax filing status.
- Prepared tax forms in accordance with federal, state and local regulations.
- Identified deductions and credits that clients were eligible for.
- Provided advice on strategies to minimize taxes owed.
- Assisted taxpayers with resolving IRS disputes or audits.
- Developed long-term tax planning strategies for clients.
- Advised clients on how best to structure investments for optimal taxation benefits.
Tax and Accounts Manager
Deekay & Comapnay (Deekay Group)
Nagpur
2024.01 - 2024.06
- Developing and maintaining tax plans, compliances producers and risk assessment frameworks, to insure effective tax management
- Managing and overseeing the filing of regular tax returns, including income tax, GST and other direct and indirect taxes
- Identifying, tracking and reporting any potential financial risks or issues and working closely with the accounting teams to implement appropriate solutions
- Monitoring day to day accounting operations
- Managing accountants and other staff responsible for transactions related to billing, sales, collection and other accounting vouchers
- Maintaining updated and accurate accounting books for cash receipts, accounts payable and receivable, general ledger, payroll, utilities and other capital expenditure
- Determining ways to automate the accounting process without sacrificing accuracy
- Responsible for all aspects of accounting (accounts payable, accounts receivable, billing, general ledger entries, bank reconciliation, credit card expense report reconciliation, cash applications, collections, and payroll)
- Responsible for delivering timely and accurate financial processing, month end close, cash management reports, and balance sheet reconciliation.
- Collaborated with accounting associates to improve reconciliation processes.
- Communicated progress of monthly and quarterly initiatives to internal and external stakeholders.
Tax and Audit Assistance
KABRA AND KALOTWAR (CHARTERED ACCOUNTANT FIRM)
2016.11 - 2019.11
- Preparation and Filing of GST Returns of Body Corporate, Partnership Firms and Individuals
- Preparation and Filing of VAT Returns, Vat Audit Forms and Work Contract Tax of Body Corporate, Partnership Firms and Individuals
- Audit team lead for VAT Audit of Companies in Construction , Agri-products, Healthcare, Trust and MSME
- Preparation and Filing PTRC returns, Party Ledger Conformation for Body Corporate, Partnership Firms and Individuals
- Drafting response to Sale Tax Department assessment order cases and handling appeal
- Senior Audit Assistant during Statutory Audit of Non-Profit Organization (Gondwana University, Gadchiroli)
- Audit team lead for Statutory audit of companies in construction, Educational Institute and MSME
- Reviewed financial statements and records to ensure accuracy of information and compliance with applicable laws and regulations.
- Analyzed financial data to identify discrepancies in accounting entries or reporting.
- Audit Assistance during Statutory Audit of Bank of India
- Analyzed business operations and identified opportunities for improvement in internal control systems.
- Assisted in Internal Audit (Including Stock Audit) of Premier Irrigation Adritec Pvt Ltd
- Audit team lead for Revenue Leakage Audit of Allahabad Bank.
Education
Certification course in credit management of Banks -
The Institute of Cost Accounting of India
Nagpur, India01.2024
MBA - Finance
C. P. And Berar Management College, Rashtrasant Tukadoji Maharaj Nagpur University
Nagpur, India01.2019
Bachelor of Commerce -
C.P. And Berar College, Rashtrasant Tukadoji Maharaj Nagpur University
Nagpur, India01.2016
12th -
Prerna Jr. College
Nagpur, India01.2013
10th -
Vinaykrao Deshmukh Highschool
Nagpur, India2009-02
Skills
- Direct Taxation
- Indirect Taxation
- Audit
- Accounts
- Cost and Management Accounting
- Negotiation
- Communication
- Analytical skills
- Tax planning
- Compliance
- Risk assessment
- Tax returns filing
- Income tax
- GST
- Accounting operations
- Cash receipts
- Accounts payable and receivable
- General ledger
- Payroll
- Automating accounting processes
- Financial processing
- Month-end close
- Cash management reports
- Balance sheet reconciliation
- GST Annual Return
- GST Audit
- Party reconciliation with GSTR2A
- Drafting response to GST Department Notices
- Handling appeal and assessment cases
- VAT
- PTEC & PTRC
- Sale Tax Department assessment order cases
- Income Tax returns filing
- Income Tax Forms
- Tax Audit
- TDS and TCS Return filing and rectification
- Standalone and Consolidated Financial Statements preparation
- Local Body Tax
- Statutory Audit
- Internal Audit
- Revenue Leakage Audit
- Accounting Package (Tally EPR' and Marg)
- MS-Office (Excel, Word, PowerPoint, Outlook)
- Internet Applications, Email, and Fax
- Regulatory Compliance
- Bookkeeping
- Generally Accepted Accounting Principles (GAAP)
- Financial Statements
- Fraud identification
Languages
Marathi
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Accomplishments
- Record Holder in "INDIA BOOK OF RECORDS" for Longest Cyclothon under the Banner of "Beti Bachao Beti Padhao" from Nagpur to Nepal which Covers 1335 kms in 11 days.
- Record Holder in "INDIA BOOK OF RECORDS" for Group Cyclothon for "Literacy Mission" under Rotary Club from Nagpur to Nashik which covers 700 kms in 6 days.
- Record Holder in "INDIA BOOK OF RECORDS" for Longest Walkathon for "500 Tree Plantation" from Nagpur to Raipur which Covers 300 kms in 6 days.
Affiliations
- Actively participated in social campaign for ridding of Bicycle covering almost 300 kms in 1 day.
- Participated in various Sports and other co-curricular activities in school as well as college level.
PERSONAL DETAILS
- Date of Birth : 28th Feb 1994.
- Address : Plot No. 64, Ram Sumer Baba Nagar, Shantinagar Kawlapeth, Nagpur-440002.
SELF DECLRATION
- My Resume is enclosed for your review and consideration. To describe myself in a nutshell, I am
hardworking, astute & result oriented professional, with qualitative & invaluable experience. I
hereby declare that the above-mentioned statements made by me are true to the best of my
Knowledge & Belief.
Timeline
Tax and Accounts Manager
Deekay & Comapnay (Deekay Group)
2024.01 - 2024.06
Tax, Audit and Accountant Assistance
SARDA SONI ASSOCIATES LLP (CHARTERED ACCOUNTANT FIRM)
2019.12 - Current
Tax and Audit Assistance
KABRA AND KALOTWAR (CHARTERED ACCOUNTANT FIRM)
2016.11 - 2019.11
Certification course in credit management of Banks -
The Institute of Cost Accounting of India
MBA - Finance
C. P. And Berar Management College, Rashtrasant Tukadoji Maharaj Nagpur University
Bachelor of Commerce -
C.P. And Berar College, Rashtrasant Tukadoji Maharaj Nagpur University
12th -
Prerna Jr. College
10th -
Vinaykrao Deshmukh Highschool
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