Shweta Goenka

Responsibilities Include:

• Ownership of all tax compliances, regulatory filings applicable to company.
• Ownership of financial statements, schedules etc. for year-end statutory audit. Ensuring compliance with Indian GAAP.
• Proactively tracking income tax, GST, other regulatory notices/amendments applicable to company, with support from external tax consultants.
• Supporting Head Finance with ad-hoc compliances/stakeholder requests.
• .Review all month-end closing activities including general ledger accounts, balance sheet accounts.
• Preparation of management reports, tracking of budget vs actuals for operating expenses. Preparing monthly dashboards for senior leadership team reviews.
• Coordinate with internal and external teams for review and closure of payroll payment
• Review and approval of employee expense reimbursement and ensure compliance with company’s policies.

Financial Reporting

• Core team member in preparation of IND-AS standalone and consolidated financial statements and schedule therein.
• Core team member of MIS reporting. SPOC for auditors, resolving auditor queries and preparing relevant reconciliations.
• Played a key role in SAP implementation during transition and prepared various kinds of reports and reconciliations to close tax due diligence.

Indirect Taxation:

• Handled GST Audits and closed scrutiny assessments inclusive of drafting, collation of requisitioned information, preparation of reconciliations and submission of responses to notices from tax authorities and providing rationale for stand taken.
• Responsible for preparation and filling of annual returns(GSTR 9/9C), monthly returns(GSTR1/3B/2B), monitoring of GST input tax credits and reconciliations with GSTR 2B/2A. Having knowledge of E-way bill generation for material movement.
• Responsible for evaluation of complex tax issues to minimize risks and implement solutions and timely calculations of tax liabilities, SPOC for internal and external auditors.
• Played a key role in implementation of cross charge policies and automated process of calculation and invoicing thus reducing time consumption.

Direct Taxation:

• Facilitated Tax audit(form 3CA/3CD), closure of all requisition of auditors in respect of clauses of 3CD.
• Experienced in computation of income, tax schedules, reporting of ICDS disclosures, deferred tax schedule and preparation and filling of income tax returns as per Income Tax Act.
• Responsible for handling scrutiny assessments and appeal process, drafting and collation of data as requisitioned.
• Responsible for TDS returns, calculation, preparation and advisory for issues related to tax implications.

Taxation:

• Handled filling of GST returns, GST registrations and amendments thereof for various clientele.
• Handled notices issued by the direct and indirect tax departments, drafting and preparation of responses for various clients.
• Advising and assisting clients for issues related to GST and TDS
• Computation of Income, Advance tax calculations, TDS returns and rectifications, filling of income tax returns and tax audit forms

Audit and Reporting:

• Experience of Statutory audit, internal audit, team leader in audit planning, audit strategies and testing of controls across various FMCG, hotel, Real-estate and banking companies.
• Preparation of financial statements and filling of annual returns(AOC-4/MGT-7) for various clientele.

Other Exposures:

• Experienced in filling forms for company incorporation, strike of and other compliance of MCA.