Summary
Overview
Work History
Education
Skills
Technical Competency
Timeline
Generic

SHIVA SUBRAMANYAM BHAMIDIPATI

Plano

Summary

Over Seven years of executive experience leading and managing team of 25 associates in Tax consulting and financial services with enforcement of federal tax laws. Seasoned Tax Accountant with comprehensive Tax procedures, preparation, and auditing knowledge for both corporate and personal taxes. Proficient in Generally Accepted Accounting Principles (GAAP) and related accounting and tax preparation software. Hands on experience with local state and federal taxes for both non-profit, for-profit organizations and companies. Performed detailed review of income tax provisions in accordance with ASC740 Prepared and reviewed forms 1040, 1065, 1120S, 1120 and foreign compliance forms 5471, 5472, 8865, Form 114, SFP, 8938, PFIC- 8621. Managed, and delivered tasks in onsite - offshore model. Conducted various tax planning projects for federal taxes, restructuring and accounting for income tax. Extensive experience with a large, diverse international taxation.

Overview

12
12
years of professional experience

Work History

Manager

GCFO
Dallas
11.2022 - Current
  • Managing client requirement gathering, which includes tax filing, compliance, bookkeeping, tax planning and payroll services.
  • Anchored new client on-boarding process including mid-year transfer of bookkeeping and payroll services.
  • Review, balance and reconcile customer payroll monthly to ensure tax payments are remitted timely using QuickBooks software.
  • Provide tax-planning sessions for prospective clients, update clients on new IRS tax laws and it’s impacts.
  • Manage team of 25 associates to handle federal and state tax returns for over 400 high net worth individuals, small and medium-sized businesses.
  • Prepare and review forms 1040, 1065, 1120S, 1120 and foreign compliance forms 5471, 5472, 8865, Form 114, SFP, 8938, PFIC- 8621.
  • Recruiting and training new associates.
  • Incorporated business in multiple states, filed LLC/INC amendments with states.
  • Assisting clients with IRS and State Tax audits.
  • Process all types of Federal and State Tax Forms and preparing individual, corporate and partnership tax returns of varying complexities.
  • Process yearly/quarterly payroll for all clients and file respective reports to federal and state.
  • Prepare, examine, and finalize financials statements and accounting records for tax purpose and in accordance with ASC740.

Senior Tax Associate

IBCPA
Florida
09.2022 - 11.2022
  • Review, balance and reconcile customer payroll monthly to ensure tax payments are remitted timely using QuickBooks software.
  • Provide tax-planning sessions for prospective clients, update clients on new IRS tax laws and it’s impacts.
  • Prepare and review forms 1040, 1065, 1120S, 1120 and foreign compliance forms 5471, 5472, 8865, Form 114, SFP, 8938, PFIC- 8621.
  • Recruiting and training new associates.
  • Incorporated business in multiple states, filed LLC/INC amendments with states.
  • Assisting clients with IRS and State Tax audits.
  • Process all types of Federal and State Tax Forms and preparing individual, corporate and partnership tax returns of varying complexities.
  • Process yearly/quarterly payroll for all clients and file respective reports to federal and state.
  • Prepare, examine, and finalize financials statements and accounting records for tax purpose and in accordance with ASC740.

Senior Tax Associate

Global Value Add Inc
Dallas
11.2019 - 09.2022
  • Managing client requirement gathering, which includes tax filing, compliance, bookkeeping, tax planning and payroll services.
  • Anchored new client on-boarding process including mid-year transfer of bookkeeping and payroll services.
  • Review, balance and reconcile customer payroll monthly to ensure tax payments are remitted timely using QuickBooks software.
  • Provide tax-planning sessions for prospective clients, update clients on new IRS tax laws and it’s impacts.
  • Manage team of 25 associates to handle federal and state tax returns for over 400 high net worth individuals, small and medium-sized businesses.
  • Prepare and review forms 1040, 1065, 1120S, 1120 and foreign compliance forms 5471, 5472, 8865, Form 114, SFP, 8938, PFIC- 8621.
  • Recruiting and training new associates.
  • Incorporated business in multiple states, filed LLC/INC amendments with states.
  • Assisting clients with IRS and State Tax audits.
  • Process all types of Federal and State Tax Forms and preparing individual, corporate and partnership tax returns of varying complexities.
  • Process yearly/quarterly payroll for all clients and file respective reports to federal and state.
  • Prepare, examine, and finalize financials statements and accounting records for tax purpose and in accordance with ASC740.

Accounts Executive

GVA Business Solutions Private Limited
Bangalore
05.2021 - 10.2021
  • Create, maintain, review tables of accounts and financial statements; and assign entries to proper accounts including but not limited to accounts receivables & accounts payables.
  • Prepare, examine, and finalize financials statements and accounting records for tax purpose.
  • Prepare, review tax returns and compute taxes of individual as well as corporate clients.
  • Assist in tax planning and projection for various clients and in advising the clients for advance tax.
  • Process payroll for the employees of clients in US.
  • Assist Managers in analyzing business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses to provide advice.
  • Assist Managers to prepare reports for corporate clients regarding the financial planning of the company.
  • With Senior’s assistance, develop, implement, and modify GVA tools for recordkeeping and accounting systems; and Assist audits by finalization of accounts and Income Tax returns.

Accounts Executive

Global Value Add Inc
Plano
05.2018 - 11.2019
  • Work closely and assist the accounting team to ensure accurate financial reporting.
  • Reconcile existing transactions through cross-referencing of incoming and outgoing data.
  • Works with business management to assist in the development of new suitable financial models.
  • Prepare quarterly financial reports including financial statements produced from QuickBooks and graphs showing various KPIs.
  • Perform bank reconciliation and daily bookkeeping entries.
  • Assist in the preparation of presentation materials, including building charts that provide meaningful visualizations of data.
  • Assisting Senior Analysts to create financial models for investments decisions.
  • Interacting with the client officials to understand company’s prospect to construct suitable financial models.
  • Examining client’s financial statements to determine its value and do financial planning.
  • Participate in weekly meetings and peer review.
  • Provide timely status reporting to the Project Manager, Interpret and complete vendor provided data migration workbooks with windows.
  • Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.

Financial Analyst

Global Value Add Inc
Edison
01.2018 - 04.2018
  • Preparation of financial Accounts and monitoring the statements.
  • Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
  • Reconciles transactions by comparing and correcting data.
  • Maintains database by entering, verifying, and backing up data.
  • Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
  • Increases productivity by developing automated accounting applications, coordinating information requirements.
  • Protects operations by keeping financial information confidential.

Financial Analyst

Global Value Add Inc
Edison
02.2017 - 05.2017
  • Preparation of financial Accounts and monitoring the statements.
  • Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
  • Reconciles transactions by comparing and correcting data.
  • Maintains database by entering, verifying, and backing up data.
  • Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
  • Increases productivity by developing automated accounting applications, coordinating information requirements.
  • Protects operations by keeping financial information confidential.

Financial Analyst

Factset systems
India
02.2014 - 11.2015
  • Develop risk models, which determine trade sizes and stop loss figures.
  • Execute trades based on signals received from trading models.
  • Perform regular analyses on strategies and models, tweaking as required.
  • Successful track record in working on cross-functional, cross-team projects.
  • Ability to deal with ambiguity and thrive in a rapidly changing business environment.
  • Balancing scrum process enforcement with collaboration and adapts the agile process framework to the realities of the team culture and environment.
  • Ensure weekly, monthly, and quarterly reporting submissions to the relevant business offices are in line with the agreed analytics model and to perform predictive modeling in relation to various change scenarios providing the management team recommendations and decision support based on data.
  • Coordinating with other Scrum Masters as agile coach to incorporate best practices and synchronizes cross team dependencies.
  • As risk analyst, analyzed and devised credit risk for multiple LOBs. Based on all risk factors and market study, evaluation of derivative (equity value) and present it on basis of multiple factors for PE and reinsurance (private equity or other market).
  • Assist in determination of duration of test cycles during the meetings with the testing team.

Education

Masters in Business Administration - Accounting and Finance

Masters - Information System Engineering Management

Bachelors - Commerce

Certified Accounting technician -

Pursuing EA - Enrolled Agent services

Pursuing CPA -

Skills

  • QuickBooks
  • Intuit payroll
  • Lacerte
  • Tax slayer
  • Drake
  • Checkpoint
  • MS Word
  • Excel
  • PowerPoint
  • MS Access

Technical Competency

QuickBooks, Intuit payroll, Lacerte, Tax slayer, Drake, Checkpoint, MS Word, Excel, PowerPoint, MS Access

Timeline

Manager

GCFO
11.2022 - Current

Senior Tax Associate

IBCPA
09.2022 - 11.2022

Accounts Executive

GVA Business Solutions Private Limited
05.2021 - 10.2021

Senior Tax Associate

Global Value Add Inc
11.2019 - 09.2022

Accounts Executive

Global Value Add Inc
05.2018 - 11.2019

Financial Analyst

Global Value Add Inc
01.2018 - 04.2018

Financial Analyst

Global Value Add Inc
02.2017 - 05.2017

Financial Analyst

Factset systems
02.2014 - 11.2015

Masters in Business Administration - Accounting and Finance

Masters - Information System Engineering Management

Bachelors - Commerce

Certified Accounting technician -

Pursuing EA - Enrolled Agent services

Pursuing CPA -

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SHIVA SUBRAMANYAM BHAMIDIPATI