SWARANJEET SINGH

• With over 9 years of extensive experience in Finance & Accounts, Taxation, and Auditing, I have honed my skills in managing various financial aspects such as accounting, receivables & payables management, ledger aintenance, bank reconciliations, and finalizing accounts. I am well-versed in conducting different types of audits including Statutory, Tax, Internal, and Stock audits, and have operated proficiently in computerized environments utilizing Tally ERP 9 and Busy.
• I have recently transitioned to the Legal department of the same company, thanks to my proficiency in both Direct and Indirect taxation. In this fresh role, my responsibilities encompass managing, drafting, and representing cases concerning GST and Income Tax matters. At present, I am actively improving my skills by focusing on areas such as responding to DRC-01 notices, overseeing GST audits, tackling issues related to high input tax credit availment, facilitating Income Tax scrutiny assessments, and handling various Income Tax notices, including cases under sections 142(1), 143(2), 148, and 148A etc.
• I am a skilled communicator adept at simplifying financial data, confident in high-pressure environments, eager to learn, and willing to contribute as a team facilitator.

• Date of Birth: 01/17/90
• Gender: Male
• Nationality: Indian

PUNJABI, ENGLISH, B1, B1, B1, HINDI, C2, C2, C2

PROJECTS

Project 1: Project E-Commerce: Unistuff Traders, New Delhi, India, 2021 – 2022

Objective

Calculation of Turnover, Monthly working of GST TAX, Bookkeeping of all expenses and income, Analysis of Profit and Loss A/c, Auditing of expenses and related invoices.

Challenges and Scope:

Provide assistance on a project to a team focused on audit, accounting, and taxation in the dynamic field of e- commerce.

I analyzed and interpreted financial data for Unistuff Traders, a vendor with an extensive Excel sheet containing almost 50,000 rows of sales transactions.

I specialize in accounting for sales through various e-commerce platforms such as FILKART, Amazon, and JIO. Collaborated with team members to address challenges related to monthly GST tax calculations, advance income tax, forecasting of profit, forecasting of future expenses, cash flow analysis, and other taxation compliances.

Key Functions and Achievements:

● Provide assistance to a team on detailed analysis of financial data, ensuring accurate calculation of turnover and adherence to GST regulations.

● worked with the accounting team to implement a robust bookkeeping system to manage all expenses and income effectively.

● collaborated with the team to develop strategies for forecasting profit and future expenses.

● addressed challenges associated with cash flow management and implemented effective solutions.

● Ensured compliance with taxation regulations, including the timely filing of GST and advance income tax.

Managerial Leadership Initiatives:

● led the team in navigating the complexities of e-commerce accounting and taxation.

● collaborated with seniors to establish efficient managerial practices within the project.

● developed strategies to enhance forecasting accuracy and financial planning.

Project 2: PSP LEGAL (Financial Audit and Compliance) New Delhi, India, 2022-2023

Objective:

● Auditing of Income and Expenses of the firm, Calculation of Advance Tax and TDS, timely filing of Returns of the Firm and their Partners.

Challenges and Scope:

● Embarked on a comprehensive project encompassing audit, accounting, and taxation for PSP LEGAL, a partnership

firm specializing in litigation and based in New Delhi, India.

● Conducted a thorough audit and verification of the firm's books of accounts, addressing the challenges posed by the

firm's nature of business.

● Supervised the work of the accounting team to ensure adherence to Income tax compliances.

● Focused on the calculation of Advance Tax and TDS to prevent unnecessary interest and penalties.

● Implemented strategies for timely filing of returns, preventing any financial setbacks for the firm and its partners.

Key Functions and Achievements:

● Conducted a meticulous audit of income and expenses, ensuring accuracy and compliance with legal standards.

● Collaborated with the team to oversee the accounting team's work and promptly addressed any discrepancies.

● Provided monthly profit and loss account analysis, facilitating informed decision-making for the firm.

● Implemented forecasting methods to prepare the firm for future tax obligations

Managerial Leadership Initiatives:

● Led the team in navigating the challenges associated with auditing a litigating partnership firm.

Collaborated with the senior team to establish effective managerial practices within the project. Implemented proactive strategies to prevent financial losses and ensure compliance with taxation regulations.

Project 1: Project E-Commerce: Unistuff Traders, New Delhi, India, 2021 – 2022

Objective

Calculation of Turnover, Monthly working of GST TAX, Bookkeeping of all expenses and income, Analysis of Profit and Loss A/c, Auditing of expenses and related invoices.

Challenges and Scope:

Provide assistance on a project to a team focused on audit, accounting, and taxation in the dynamic field of e- commerce.

I analyzed and interpreted financial data for Unistuff Traders, a vendor with an extensive Excel sheet containing almost 50,000 rows of sales transactions.

I specialize in accounting for sales through various e-commerce platforms such as FILKART, Amazon, and JIO. Collaborated with team members to address challenges related to monthly GST tax calculations, advance income tax, forecasting of profit, forecasting of future expenses, cash flow analysis, and other taxation compliances.

Key Functions and Achievements:

● Provide assistance to a team on detailed analysis of financial data, ensuring accurate calculation of turnover and adherence to GST regulations.

● worked with the accounting team to implement a robust bookkeeping system to manage all expenses and income effectively.

● collaborated with the team to develop strategies for forecasting profit and future expenses.

● addressed challenges associated with cash flow management and implemented effective solutions.

● Ensured compliance with taxation regulations, including the timely filing of GST and advance income tax.

Managerial Leadership Initiatives:

● led the team in navigating the complexities of e-commerce accounting and taxation.

● collaborated with seniors to establish efficient managerial practices within the project.

● developed strategies to enhance forecasting accuracy and financial planning.

Project 2: PSP LEGAL (Financial Audit and Compliance) New Delhi, India, 2022-2023

Objective:

● Auditing of Income and Expenses of the firm, Calculation of Advance Tax and TDS, timely filing of Returns of the Firm and their Partners.

Challenges and Scope:

● Embarked on a comprehensive project encompassing audit, accounting, and taxation for PSP LEGAL, a partnership

firm specializing in litigation and based in New Delhi, India.

● Conducted a thorough audit and verification of the firm's books of accounts, addressing the challenges posed by the

firm's nature of business.

● Supervised the work of the accounting team to ensure adherence to Income tax compliances.

● Focused on the calculation of Advance Tax and TDS to prevent unnecessary interest and penalties.

● Implemented strategies for timely filing of returns, preventing any financial setbacks for the firm and its partners.

Key Functions and Achievements:

● Conducted a meticulous audit of income and expenses, ensuring accuracy and compliance with legal standards.

● Collaborated with the team to oversee the accounting team's work and promptly addressed any discrepancies.

● Provided monthly profit and loss account analysis, facilitating informed decision-making for the firm.

● Implemented forecasting methods to prepare the firm for future tax obligations

Managerial Leadership Initiatives:

● Led the team in navigating the challenges associated with auditing a litigating partnership firm.

Collaborated with the senior team to establish effective managerial practices within the project. Implemented proactive strategies to prevent financial losses and ensure compliance with taxation regulations.

I assist both overseas and Indian students through solving Accounts problems on the portal of Chegg as an Accounting Expert.