Shruti Nayak

*Prepared and published various reports for senior management at Global level as part of weekly and monthly governance reviews.
*Conducted analysis of the existing service delivery model to forecast potential bottlenecks and risk areas by working towards automation solutions.
*Communicated with Global sub custodians and Global Tax Authorities on regular basis to ensure accurate reconciliation of records.
*Identified operational and financial risks in the process and introduced appropriate controls to bridge process gaps.
*Identified and addressed gaps established process and controls by raising it with internal Market Intelligence team and Product team for an ongoing upscaling of the requirement of documentation sourced from client at onboarding.
*Maintained continuous stakeholder communication to resolve request for additional documentation received from Global sub custodians/Global Tax authorities.
*Ensured efficient communication within the team, fostering collaboration and knowledge-sharing.
*Monitored requests from the internal and external stakeholders for the team to ensure correct prioritisation of work
*Strong risk and controls mindset to effectively prioritise extensive workloads and manage to work toward critical deadlines.
*Communicate with counterparts within the firm to ensure any information being represented on behalf of the client serves as accurate.

• Performed in a team that is responsible for Credit risk analysis, Collections, Driving dispute resolution, Provision reviews, Accounting of provisions, withholding taxes & AR reporting for all Misys entities.
• Was a part of process simplification & improvements in Order to Cash (O2C) to speed up invoice delivery & cash realization.
• Part of the team responsible for defining credit policies, performing credit checks and assigning credit limits.
• Followed prescribed scripts and maintained friendly but firm attitude with full knowledge of contractual requirements and legal remedies.

• Maintained database of federal and state tax laws and regulations to promote uniform policy and procedural compliance.
• Prepared and reviewed federal and state tax returns to comply with corporate submission requirements.
• Conducted targeted tax research to facilitate informed project planning and compliance efforts.
• Researched tax issues and stayed current on all federal and state tax laws.
• Primarily responsible for preparing tax returns and ensuring accuracy of E-file to the IRS.
• Work with US based clients directly to help them meet the tax compliance and advisory needs, guided by strong compliance, good reporting and sustainable tax strategies.
• Coordinate with seniors or managers to set up efficient engagement process in India.
• Understand client organization structure and business then map tax technical requirements as per Internal Revenue codes and State tax rules and regulations.
• Review financial statements and trial balances to identify timing differences (temporary and permanent) between US GAAP accounting and US Tax accounting.
• Review documents and financial data provided by clients and set up tax work papers.
• Prepare Form 1065, 1120 and State & Local tax returns for US Corporations and Flow through entities using various proprietary tools of the firm.
• Indulge in maintaining strong client relations and cross-sell services within the assigned group of diverse, high-profile clients. Work in the areas of Accounting, US GAAP, and US Taxation.
• Prepare Composite and withholding returns, Quarterly estimate and extensions.
• Prepare amended returns and re compute tax due, penalties, and interest.
• Assist in electronic filing of returns.
• Assist in Research work during the low-time.
• Identify risk areas and sustainable planning opportunities for state and local taxes throughout the tax lifecycle.
• Effectively integrate with the Global Indirect Tax team to give the perspective and support client needs to manage global tax burden effectively.
• Help manage the complex and time-consuming task of communicating with state and local tax authorities.
• Creating strategies that enable clients to manage and meet tax obligations while enhancing their financial performance.
• Assisted project managers in planning and execution of short-term and longer term goals and objectives.

• Generation and Submission of various statutory reports and maintaining operational efficiency of the branch.
• Extensively using Finacle core banking solution application for report generation (daily general ledger and exception reports ) customer transactions (fund transfers, modification) accounting (monitoring office and suspense accounts ) Opening of new accounts.
• Fortnightly reporting on cash transactions over 10 Lakhs.
• Preparation of various month end reports, like KYC, AML and Monthly reconciliation reports on bank balance etc..., Daily reconciliation of bank balance.
• Processing of Income tax challan, Advance tax and Service tax.
• Exposure to key retail branch operations like Clearing Operations, Fund Management, cash and Cash Management Services.
• Audit and compliance.
• Consistently and efficiently maintaining Customer service.
• Trained team members in successful strategies to meet operational and sales targets.
• Generated repeat business through exceptional customer service and responded to customer concerns with friendly and knowledgeable service.
• Monitored cash intake and deposit records, increasing accuracy and reducing discrepancies.