Sumit Chandwani
Nagpur
Summary
Chartered Accountant with extensive experience in finalising accounts, conducting equity share valuations, and managing tax compliance for diverse entities. Former Enterprise Planning and Budgeting Staff Consultant at Oracle, adept at simplifying complex planning processes and configuring Oracle EPBCS functionalities. Experience as an Audit and Taxation Article Assistant, performing income tax audits and GST reconciliations. Skilled in international tax, financial advisory, documentation, and compliance with industry regulations. Career goal: to leverage expertise in tax advisory and financial management to drive organisational success.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Assistant
K R C K & Associates
Nagpur
12.2023 - Current
- Finalized accounts for private limited companies.
- Conducted equity share valuation using the Discounted Cash Flow (DCF) Method and Net Asset Value (NAV) Method.
- Handled tax compliance and filed tax returns for residents, non-residents, firms, trusts, and companies.
- Maintained compliance with GST and TDS requirements.
- Processed GST refunds for input tax credits on exports.
- Prepared and filed Forms 15CA & 15CB, interpreted provisions under the Income Tax Act, and applied beneficial provisions in Double Taxation Avoidance Agreements (DTAAs)
- Developed comprehensive transfer pricing documentation
- Managed receivable and payable adjustments with international tax implications for group companies
- Reviewed income tax returns for subsidiaries in Nicaragua, Romania, Denmark, and South Africa for a leading multinational group
- Performed assessments of deferred tax liabilities for an international company.
- Ensured compliance with FEMA Act, 1999, set-off applications for export receivables and import payables, and other regulatory requirements
- Maintained compliance with Registrar of Companies (ROC) requirements.
- Researched changes in laws to maintain adherence to financial regulations.
Audit and Taxation Executive
H H Chimthanawala and co
Nagpur
08.2021 - 02.2025
- Performed Income tax audit of various Entities in the limited period of Tax Audit season
- Performed GST Annual Return and Reconciliation of sales and purchase data along with complex Input tax credit calculations, Reverse charge
Enterprise Planning and Budgeting-Staff Consultant
Oracle Software Solutions India
Bengaluru
06.2022 - 10.2023
- Simplifying complex planning and budgeting processes of businesses to give valuable data values and reports
- Configuring out of the box and custom functionalities in the Oracle EPBCS (Enterprise Planning and Budgeting Cloud Service) which includes all of the world-class budgeting and forecasting, data management, and analysis capabilities of Oracle Hyperion Planning, but in a software as a service (SaaS) deployment model
Article Assistant
H H Chimthanawala and co
Nagpur
08.2018 - 08.2021
- Assisted in the preparation of budget forecasts and financial projections for clients.
- Prepared financial statements in accordance with Generally Accepted Accounting Principles.
- Handled Various GST assignments relating to Advisory & Compliances, Scrutiny and Assessment including refunds of Client involved in different line of business
- Managed Income Tax Audits for individuals, partnership firms, and private companies.
- Assisted team in performing audits at Union Bank of India.
- Executed filing tasks for multiple ROC forms like INC-20A, AOC-4, MGT-7, and ADT-1.
- Assisted in the analysis of financial statements to identify discrepancies and suggest corrective actions.
- Assisted in preparing tax returns, budgets, forecasts, and other financial documents as needed.
- Analyzed balance sheets for mistakes and inaccuracies.
- Analyzed complex financial data to identify discrepancies or errors in bookkeeping entries.
Education
Bachelor of Laws - LLB - Law
Dr. Ambedkar College
Nagpur12-2022
Chartered Accountant - Finance, Taxation And Law
The Institute of Chartered Accountants of India
India02-2021
Business of Commerce - Business Accountancy
RTMNU
Nagpur06-2019
Skills
- International taxation
- Direct taxation
- Indirect taxation
- Tax planning and strategy
- Business valuation
- Transfer pricing
- Financial reporting
- Financial analysis expertise
- Financial process improvement
- Regulatory compliance
- Documentation
- Excel proficiency
- Continuous learning mindset
- Cross-functional team leadership
Languages
Hindi
First Language
English
Upper Intermediate (B2)
B2
Certification
- Oracle Planning 2022 Certified Implementation Professional
Accomplishments
- Exemptions in Accounts and Taxation in CA
- Nagpur 5th Topper in HSC
www.linkedin.com/in/ sumit-chandwani
Timeline
Assistant
K R C K & Associates
12.2023 - Current
Enterprise Planning and Budgeting-Staff Consultant
Oracle Software Solutions India
06.2022 - 10.2023
Audit and Taxation Executive
H H Chimthanawala and co
08.2021 - 02.2025
Article Assistant
H H Chimthanawala and co
08.2018 - 08.2021
Bachelor of Laws - LLB - Law
Dr. Ambedkar College
Chartered Accountant - Finance, Taxation And Law
The Institute of Chartered Accountants of India
Business of Commerce - Business Accountancy
RTMNU
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