Saptadipa Roy

In Hyland, I am responsible for the preparation of indirect tax returns of India, United Kingdom, Switzerland & Netherland of handling tax inquiries, and preparing for tax audits with following responsibilities:

• Reviewing VAT/GST & WHT Tax returns prepared by PwC/Vistra/EY (third party service provider). Detailed analysis of purchase and sales report (from AVALARA & WORKDAY) with that of draft return shared by PwC/Vistra/EY with further clarification from each of the service provider.
• Working closely as a team with Accounts Payable/ Accounts Receivable, Financial Reporting & Treasury team to streamline and fasten the overall accounting process.
• Responsible and working on India year end closure items for audit purpose with third party service provider (Vistra/EY/SRB firm) - Extracting the data from WORKDAY for calculation of TDS on March Accrual, Accrued Liability Reconciliation, Physical Verification of Fixed Assets (Coordinate with IS & Facility and complete the verification), Details of Gratuity & Leave for Actuarial Valuation (with Payroll team), Provision for Bonus and reversal of bonus provision, Reversal of Outstanding Accruals, Review of Petty Cash & Cash Certificate, Third Party Balance Confirmation, Payroll Challans Reconciliation, Review the supplier balance summary, Insurance reconciliation (CD balance statement of Insurer with books) Statutory Challans- RCM, Advance Tax, WHT, TCS reconciliation, Arranging all the FIRC (Foreign Inward Remittance Certificate) from Bank.
• Responsible for monthly/annually Software Technology Parks of India - STPI compliances (Monthly Progress Report & Softex filing)
• Familiar and working everyday in India GST portal (https://services.gst.gov.in/), Software Technology Parks of India (https://stpionline.stpi.in/), HMRC (https://www.gov.uk/)- UK Govt. portal.
• Responsible for preparing Form 10F, No PE certificate & Tax Residency certificate (TRC) for different customer regions (India, Japan, Ireland, Serbia, Portugal, Spain, Ireland etc.)
• Research, identify and assist with correcting transaction tax issues and answer questions from internal departments as well as customers.
• Interpret and comply with state, local and international statutes, regulations, and legislation.
• Research tax laws and provide recommendations to manager about how procedures should change.
• Prepare for and assist with transaction tax audits by gathering tax returns and associated work papers.
• Reconcile all tax general ledger accounts.
• Passing True up Journal Entry after reconciliation (monthly/quarterly) depending on returns.
• Develop and implement continuous tax process improvements.
• Assist with the preparation of internal memoranda and written correspondence/guidance.
• Ensure that work papers and tax returns are prepared in accordance with department policy.
• Giving continuous training & guidance to junior team members regarding the above process.
• Successfully driven Internship Programe with thorough organizational work flow process training to interns.

Mainly worked on Indian, Overseas & Royalty Benchmarking Projects:

i. Understanding the functions from the Transfer Pricing Report and thus communicate with the members of client location for further clarification on the assigned benchmarks.

ii. Framing and running of search strategies.

iii. Performing Overseas, Royalty and Indian Benchmarks from start to end.

iv. Transfer Pricing documentation – with a proper flow chart containing Executive Summary → Group Overview → Industry Overview → Function, Asset & Risk Analysis → Economic Analysis etc.

I am posted in Data Core's client office Deloitte Touche Tohmatsu India Pvt. Ltd. My arena of work in Deloitte are as follows:

.• Undertook transfer pricing assignments with prime focus on economic and financial analysis and benchmarking studies for countries across the globe;
• Performed extensive quantitative analyses of economic and financial data, also reviewed SEC filings/Annual Reports and websites of companies;
• Prepared financial models for comparables applying data scrubbing techniques;
• Related Party Transaction calculations;
• Running Strategies in different databases like Amadeus, Compustat, Osiris, Prowess and Kompass