Proficient in MS Excel
Saransh Khattar
Chartered Accountant
New Delhi
Summary
Chartered Accountant with more than 5 years of total experience (including 4 years pre-qualification and more than 1 year post qualification experience). Specialization in accounting, auditing, taxation, budgeting and payroll for diverse organizations. Advanced knowledge of generally accepted accounting principles and practices. Fosters transparency, understanding and ownership of financial reports and financial and operational metrics across organization. Thorough understanding of applicable laws, regulations, finance and external reporting.
Overview
8
8
years of professional experience
11
11
years of post-secondary education
4
4
Certifications
3
3
Languages
Work History
Chartered Accountant
Saransh K & Associates
Noida
11.2021 - Current
- Performed audits on various agreements contracted with few organizations.
- Furnished taxpayers with sufficient information and advice to facilitate correct tax form completion.
- Interviewed clients to obtain additional information on taxable income, deductible expenses and allowances.
- Used appropriate adjustments, deductions and credits to keep client's taxes to minimum.
- Facilitated communication between clients and tax authorities.
- Maintained complete records of client tax returns and supporting documentation in secured areas.
- Offered clients recommendations to reduce tax liabilities.
- Reviewed regulations and guidelines to confirm business accounting practices adhered to GAAP standards.
- Supervised accounting and booking training procedures for new staff members.
- Developed and trained client staff in managing accounting and bookkeeping systems.
- Created detailed financial reports based on financial statuses and data.
- Reviewed organization's adherence to regulatory guidelines applicable to specific activities and practices.
Manager - Finance & Accounts
Nuai Cafe Private Limited
New Delhi
05.2021 - 10.2021
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Created organizational structures to improve accounting and finance functions.
- Delivered feedback to decision-makers regarding employee performance and training needs.
- Researched and facilitated software integration to streamline accounting and financial processes.
- Reviewed documentation and identified financial discrepancies where applicable.
- Audited and reconciled payroll and distributions for personnel.
- Prepared and filed required Statutory Returns from time-to-time including GST, TDS, EPF/ESI & Income Tax Returns.
Manager - Finance & Controlling
SIS Interlogistics India Private Limited
New Delhi
12.2018 - 03.2021
- Supported change management by understanding and addressing impacts of new accounting policies, financial statement initiatives and non-standard transactions.
- Reduced liabilities by accurately managing tax statements, mailings, journal entries, payments and transfers.
- Implemented budget and expense controls and financial policies by analyzing income and expenditures.
- Applied mathematical abilities to calculate and check figures in accounting systems.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Managed journal entries, collection efforts, reconciliations and payroll processing.
- Complied with established internal controls and policies.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Supported financial director with special projects and additional job duties.
- Drafted tax documentation subject to detailed review and approval by department management.
- Prepared and filed required Statutory Returns from time-to-time including GST, TDS, EPF/ESI & Income Tax Return Compliance.
Team Leader - Salary Taxation
UCC & Associates, LLP
New Delhi
06.2018 - 12.2018
- Prepared for working, preparation and filing of Form-24Q of TDS for a reputed PSU client having around 2000 employees PAN India.
- Prepared & generated Annual Form-16/TDS Certificates for all Employees of the PSU client.
Accountant
Adwyn Chemicals Private Limited
New Delhi
01.2018 - 06.2018
- Gathered financial information, prepared documents and closed books.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Prepared and filed tax forms to meet needs of customers.
Articleship Trainee
UCC & Associates, LLP
New Delhi
06.2013 - 06.2016
- Prepared individual, trust, partnership and corporate tax returns.
- Prepared various tax forms and documentation associated with tax compliance, audits and refunds.
- Used CompuTax, Tally and MS Office to input and track tax information.
- Utilized proactive tax reduction strategies to support clients and reduce liability.
- Organized client tax documents to facilitate quick preparation of tax returns.
- Reviewed clients' current tax processes to identify inefficiencies, providing enhancements to improve procedures and reduce tax exposure.
- Helped in preparation of Income Tax Assessment submissions and documentation.
- Developed understanding of company audit methodology, approach and tools while working under supervision of licensed auditors.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Identified major risk areas and gaps in internal controls, process notes and risk control matrices to plan and perform audit procedures.
- Inspected cash on hand, notes receivable and payable and negotiable securities to confirm accurate records.
- Assisted in office administration and client communication to help manage auditors' workload.
- Used Excel to create and manage budgets, balance sheets and other related financial statements.
- Completed audit papers by thoroughly documenting audit tests and findings.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
- Interviewed auditees to gather data needed to conduct audits.
- Conducted few Internal Audits, Statutory Audits and prepared and filed many Income Tax Return Filings and Assessments as a Team Leader during the tenure of my Articleship Training.
Education
Chartered Accountant - Auditing, Accounting And Tax Planning & Compliance
The Institute of Chartered Accountants of India (ICAI)
India 05.2011 - 05.2021
Bachelor of Commerce - Financial Accounting
Indira Gandhi National Open University (IGNOU)
New Delhi 07.2017 - 06.2018
Skills
Account reconciliation processes
Annual reports
Direct & Indirect Taxation Law understanding & interpretation
Financial records review
Tax accounting specialization
Accomplishments
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Supervised team of 4 staff members.
- Maintained more than 90% client retention rate year-over-year.
- Grew business through word of mouth referrals and focusing on quality tax preparation.
- Achieved numerous recommendations from highly satisfied clients.
- Achieved high customer satisfaction by obtaining positive results following individual income tax audits.
- Completed more than 350 individual tax returns during 6 Years tax season.
Certification
Orientation Training at ICAI in 2013
Software
Well versed with softwares like CompuTax and TallyERP9
Interests
Riding my Bike
Timeline
Chartered Accountant
Saransh K & Associates
11.2021 - Current
Manager - Finance & Accounts
Nuai Cafe Private Limited
05.2021 - 10.2021
Manager - Finance & Controlling
SIS Interlogistics India Private Limited
12.2018 - 03.2021
Team Leader - Salary Taxation
UCC & Associates, LLP
06.2018 - 12.2018
Accountant
Adwyn Chemicals Private Limited
01.2018 - 06.2018
Bachelor of Commerce - Financial Accounting
Indira Gandhi National Open University (IGNOU)
07.2017 - 06.2018
Articleship Trainee
UCC & Associates, LLP
06.2013 - 06.2016
Chartered Accountant - Auditing, Accounting And Tax Planning & Compliance
The Institute of Chartered Accountants of India (ICAI)
05.2011 - 05.2021