SATHEESH KUMAR REDDY GUGGULLA
Hyderabad
Summary
Experienced GST Executive with 5+ Years of experience in analyzing financial data, invoices, and transaction records to ensure accuracy, identify discrepancies, and reconcile GST-related information with financial statements. Skilled in accounting principles and practices, with the ability to manage GST-related financial data, input tax credit claims, and reconciliation processes. Adaptable and open to learning about new updates and requirements in GST laws and regulations. Strong time management skills to manage multiple tasks within specified deadlines.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Indirect Taxation Executive
TSMT Consulting Pvt Ltd
Hyderabad
05.2023 - Current
- Preparation of financial statements analysis, Income Tax, GST compliance, E-invoicing, E-Way bills and Managing & Supervising books of accounts.
- Managing statutory compliances like GST payment, GST return filing and submission GSTR-1, GSTR-3B, GSTR-4,GSTR-9, GSTR-9C, GSTR-10,GSTR-11,CMP-08 Upload and submit all returns.
- Conducted regular sales and purchase reconciliation to ensure accuracy in GST reporting
- Verified input tax credit claims and reconciled GST paid on purchases - Reconciled GSTR-2A data with the company's purchase register to identify discrepancies
- Reconciled E-Invoice data with the company's Sales register to identify discrepancies
- Performed financial calculations for amounts due, interest charges and balances.
- Responsible for overseeing all aspects of GST compliance, including filing GST returns, reconciling GST accounts, and ensuring adherence to GST laws and regulations. They may also provide guidance on GST implications for business transactions and manage GST audits.
- Verifying the input tax credit claimed by the company aligns with the eligible GST paid on purchases. This involves reconciling the ITC claimed with the GST paid on various expenses such as raw materials, services, and capital goods.
- Developed procedures and processes to improve accuracy and efficiency of indirect tax compliance activities.
- Participated in meetings with clients and vendors concerning taxation laws and regulations.
- Ensured that all legal requirements were met by preparing reports for submission to relevant authorities.
- Classified and summarized financial data to compile and enter in financial records
- Performed bookkeeping and accounting consulting services.
- Maintained records of all transactions involving indirect taxes such as purchase orders, invoices.
- Reconciled or entered report discrepancies found in financial records.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
Indirect Taxation Executive
CN REDDY & CO
Kadapa
04.2018 - 02.2023
- Maintaining organized and accurate records of all GST-related transactions, invoices, and documents for audit and compliance purposes.
- Conducted regular reconciliation of sales, purchases, and input tax credits to ensure accurate GST reporting.
- Preparing and filing GST returns such as GSTR-1 (outward supplies), GSTR-3B (summary return),CMP-08 & GSTR-4 and other applicable returns within the specified deadlines .
- Generated e-way bills and reconciled e-way bill data with transportation records for compliance purposes.
- Managing input tax credit claims by verifying eligibility, reconciling ITC with purchase records, and ensuring accurate ITC utilization.
- Assisted in the preparation of GST audit documentation and responded to auditor inquiries.
- Monitoring the organization's overall GST compliance status, identifying potential risks, and implementing corrective measures when necessary.
Education
Bachelor of Commerce - Taxation, Financing, Business Law, Accountancy
Dr B.R. Ambedkar Open University
Hyderabad05-2019
CA-CPT -
Institute of Chartered Accountants of India
06-2012
Intermediate (MPC) -
Narayana Junior College
Kadapa03-2011
S.S.C -
Usha Kiran High School
Vempalle03-2009
CA-Intermediate -
Institute of Chartered Accountants of India
Skills
- Tax Planning Strategies
- GST Compliance Knowledge
- Accounting Proficiency
- Compliance Assessment
- Proactive and Self-Motivated
- ERP Software ( Tally Prime )
- Microsoft Office [ Excel,word,powerpoint ]
- Octa GST [offline return filling and reconciliation software]
Certification
- GST Practitioner certificate
Languages
Telugu
First Language
English
Advanced (C1)
C1
Timeline
Indirect Taxation Executive
TSMT Consulting Pvt Ltd
05.2023 - Current
Indirect Taxation Executive
CN REDDY & CO
04.2018 - 02.2023
Bachelor of Commerce - Taxation, Financing, Business Law, Accountancy
Dr B.R. Ambedkar Open University
CA-CPT -
Institute of Chartered Accountants of India
Intermediate (MPC) -
Narayana Junior College
S.S.C -
Usha Kiran High School
CA-Intermediate -
Institute of Chartered Accountants of India