Siddhant Ringsia
Tax Accountant and Auditor
Jamshedpur
Summary
Adept Senior Tax Accountant and Concurrent Auditor with a proven track record at J Subhash and Co, IDBI Bank and Punjab National Bank, showcasing expertise in tax compliance and strategic visioning. Leveraged tax software mastery and team leadership qualities to enhance financial accuracy and operational efficiency, significantly improving audit processes and tax return accuracy. Seasoned auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities.
Overview
6
6
years of professional experience
7
7
years of post-secondary education
2
2
Certifications
Work History
Senior Tax Accountant
J Subhash and Co
Jamshedpur
09.2018 - Current
- Reviewed financial reports to correctly ascertain taxation and statement requirements.
- Examined accounts and records and computed tax returns according to prescribed rates, laws and regulations.
- Taught junior staff how to prepare statements, resolve discrepancies and maximize efficiency.
- Recorded, classified and summarized financial transactions and events in accordance with accounting principles.
- Responded promptly to official tax notices requiring clarifications and additional submissions.
- Reconciled tax accounts to prevent discrepancies and maintain readiness for expected tax liabilities.
- Computed tax depreciation rates on business assets like technology and vehicles.
- Prepared federal and state income tax returns for individuals, businesses, trusts, estates and non-profits.
- Conducted tax reviews and compilations to identify potential exposure areas and provided suggestions.
- Managed complex tax audits with a high success rate, ensuring compliance and minimizing penalties.
Concurrent Auditor
IDBI Bank
Jamshedpur
04.2024 - 07.2024
- Streamlined workflow processes by effectively managing multiple concurrent audits, ensuring timely completion of each project.
- Contributed to team success by providing ongoing training, guidance, and support to junior auditors as needed.
- Increased transparency in financial reporting through meticulous documentation of audit findings and recommendations.
- Evaluated the effectiveness of internal controls, identifying areas for improvement and implementing necessary changes.
- Developed customized audit programs to address specific risks, ensuring a comprehensive audit process.
- Enhanced audit efficiency by implementing risk-based auditing methodologies and procedures.
- Facilitated communication between auditors and stakeholders by presenting clear, concise reports detailing audit findings and recommendations.
- Maintained up-to-date knowledge of industry regulations, ensuring consistent adherence to applicable standards during audit processes.
- Improved regulatory compliance by conducting comprehensive audits and providing detailed recommendations for corrective action.
- Conducted timely follow-up audits to verify implementation of recommended corrective actions and monitor ongoing compliance.
- Strengthened internal control systems by evaluating existing processes, detecting vulnerabilities, and recommending appropriate modifications.
- Collaborated with cross-functional teams to streamline operational processes and improve internal controls.
Concurrent Auditor
Punjab National Bank
Jamshedpur
09.2018 - 07.2020
- Streamlined workflow processes by effectively managing multiple concurrent audits, ensuring timely completion of each project.
- Contributed to team success by providing ongoing training, guidance, and support to junior auditors as needed.
- Increased transparency in financial reporting through meticulous documentation of audit findings and recommendations.
- Evaluated the effectiveness of internal controls, identifying areas for improvement and implementing necessary changes.
- Developed customized audit programs to address specific risks, ensuring a comprehensive audit process.
- Enhanced audit efficiency by implementing risk-based auditing methodologies and procedures.
- Facilitated communication between auditors and stakeholders by presenting clear, concise reports detailing audit findings and recommendations.
- Maintained up-to-date knowledge of industry regulations, ensuring consistent adherence to applicable standards during audit processes.
- Improved regulatory compliance by conducting comprehensive audits and providing detailed recommendations for corrective action.
- Conducted timely follow-up audits to verify implementation of recommended corrective actions and monitor ongoing compliance.
- Strengthened internal control systems by evaluating existing processes, detecting vulnerabilities, and recommending appropriate modifications.
Education
Chartered Accountant - Chartered Accountant
The Institute of Chartered Accountants of India
Jamshedpur, India 04.2024 - Current
LLB - Law Enforcement
Balasore Law College
Balasore, India 07.2019 - 07.2022
Diploma - Entrepreneurship
XLRI Jamshedpur
Jamshedpur, India 09.2017 - 03.2018
BBA - Finance
Kiit University
Bhubaneswar 07.2012 - 07.2015
Skills
Tax Compliance Expertise
Team Leadership Qualities
Tax computing
Strategic Visioning
Corporate tax filings
Strong organizational skills
Research and documentation
Advanced Excel knowledge
General ledger reconciliations
Internal tax policies
Auditing experience
Financial analysis proficiency
Corporate Taxation Insight
Certification
Certifiaction in MS Excel using Chat GPT and AI
Timeline
Certifiaction in MS Excel using Chat GPT and AI
09-2024
Certifiaction in MS Powerpoint using Chat GPT and AI
09-2024
Concurrent Auditor
IDBI Bank
04.2024 - 07.2024
Chartered Accountant - Chartered Accountant
The Institute of Chartered Accountants of India
04.2024 - Current
LLB - Law Enforcement
Balasore Law College
07.2019 - 07.2022
Senior Tax Accountant
J Subhash and Co
09.2018 - Current
Concurrent Auditor
Punjab National Bank
09.2018 - 07.2020
Diploma - Entrepreneurship
XLRI Jamshedpur
09.2017 - 03.2018
BBA - Finance
Kiit University
07.2012 - 07.2015
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