Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Manager

Swati Sharma

Manager
Hyderabad

Summary

An experienced finance professional seeks a challenging position to help the firm meets its financial objectives.

9+ years of experience in Indirect Tax and Accounting.

Overview

3
3
years of professional experience

Work History

Indirect Taxation & Record to Report (Manager)

Genpact India pvt.ltd
02.2022 - Current
  • Review and preparation of ECSL & VAT for Germany, France, Belgium, Austria, Romania, UK, Bulgaria, Poland, Hungary, Italy and Netherlands
  • Preparation of INTRASTAT for Germany, France, Belgium, Austria, Romania, UK, Bulgaria, Poland, Hungary, Italy and Netherlands
  • Transitioned of all entities (Germany, France, Belgium, Austria, Romania, UK, Bulgaria, Poland, Hungary, Italy and Netherlands) standardized it with Client standard
  • To make payment and prepare, review the monthly returns for Austria, Belgium, Netherlands, and Switzerland
  • Review and prepare the quarterly return for Switzerland & UK
  • Review and Preparation of Reconciliation for European countries
  • Preparation of Balance Sheet Reconciliation and working on Open items on Monthly basis
  • Preparation and posting Tax payment journals on Monthly basis
  • To ensure the accuracy & timely delivery of activities to achieve the green SLA
  • To interact with Client in regional offices in EMEA as required.
  • Accomplished multiple tasks within established timeframes.
  • Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
  • Cross-trained existing employees to maximize team agility and performance.
  • Spearheaded transition to remote work during global health crisis, ensuring business continuity and employee safety.
  • Managed budget allocations to prioritize spending on high-impact projects, optimizing resource utilization.
  • Oversaw annual budgeting process, collaborating with department heads to develop accurate forecasts.
  • Assisted with the preparation of monthly financial reports for more informed budgeting decisions.
  • Managed financial reporting and budgeting activities, ensuring accuracy and compliance with regulations.
  • Streamlined workflows by identifying bottlenecks in existing systems and implementing appropriate solutions.
  • Month End Closing, GL Trend Review & Variance Analysis.
  • Reviewing financial reports such as Profit and Loss account, Balance Sheet & Cash flow statement for expediting decision-making procedure

Indirect Taxation (Team Lead)

Intercontinental group of Hotels
  • Review and preparation of ECSL for Germany, UK, Belgium, and Netherland
  • To work as a part of team engaged in implementation of MTD in UK
  • Transitioned UK, Switzerland and Austria Hotels from tax perspectives and standardized it with organization standard
  • To make payment and prepare, review the monthly returns for Austria, Belgium, Netherland, and Italy
  • Review and prepare the quarterly return for Switzerland
  • Review and Preparation of UK VAT Returns and Reconciliation for Hotel Entities on Monthly and Quarterly Basis
  • Monthly, quarterly, and Annual preparation for Germany VAT returns
  • Promoted a positive work environment by fostering teamwork, open communication, and employee recognition initiatives.
  • Monthly Preparation for Nigeria VAT Return and Reconciliation
  • Bi-Monthly Preparation for South Africa GST Taxation Return and Reconciliation
  • Daily Tracking of Pro-Forma Invoices to clear the open items of UK hotels Entity
  • Preparation of Balance Sheet Reconciliation and working on Open items on Monthly basis
  • Preparation and posting Tax payment journals on Monthly basis
  • Refund filling for Service tax (Indian Hotel Entity)
  • To ensure the accuracy & timely delivery of activities to achieve the green SLA
  • To interact with counterparts in regional offices in EMEA and APAC as required
  • Coordinated with internal and external auditors for audits and resolved their queries.
  • Enhanced overall team performance by providing regular coaching, feedback, and skill development opportunities.
  • Established clear performance metrics for the team which helped in tracking progress towards set targets effectively.
  • Trained new team members by relaying information on company procedures and safety requirements.

Fixed Assets Projects & Analysis

Intercontinental group of Hotels
  • Makes and implements recommendations to improve accounting process and procedures
  • Solely responsible for finance including Opex and Capex involved
  • Prepares financial reports by collecting, formatting, analyzing, and explaining information
  • Prepares financial and business-related analysis and research in such areas as financial and expense performance, depreciation, working capital, and investments
  • Creating Projects and Purchase orders in PeopleSoft according to DOA
  • Posting manual Journals and Journal re-classing
  • Commitment of Purchase Orders and change orders
  • Responsible for email support of Procurement queries
  • Assigning profile id's in GT cost centers according to the nature of expense
  • Processing invoices related to fixed assets via ZDV and Credit ZDV into projects.
  • Reviewed capital expenditure proposals from various departments to ensure alignment with overall corporate objectives before approving purchases or lease agreements.
  • Maintained updated knowledge of regulatory requirements affecting fixed asset accounting practices, ensuring continued compliance with evolving standards.
  • Enhanced financial reporting quality with timely updates to fixed asset schedules and accurate depreciation calculations.
  • Assisted in budget preparation by providing accurate forecasts of capital expenditures for upcoming fiscal periods.
  • Collaborated with internal and external auditors to ensure compliance with financial reporting standards for fixed assets.
  • Developed internal control procedures for tracking and safeguarding company''s fixed assets, reducing risk of loss or theft.
  • Reduced manual errors in fixed asset accounting by standardizing processes and documentation.
  • Enhanced operational efficiency by monitoring asset utilization rates, identifying underused assets, and recommending actions to maximize returns on investment.

Finance Executive

Henley Infrastructure
  • Job Responsibilities: Maintaining MIS of all expenses at the end of the month accounted properly
  • Making entries of allocation voucher & journal vouchers through Tally ERP9.0
  • Reconciliation of accounts on a daily, weekly or monthly basis
  • Preparation of stock report & Inventory Reports
  • Managing accounts payable- Maintenance of PO, raising of the invoices, timely payment to Suppliers, Communicating with Suppliers via Phone & email
  • Managing accounts receivable -Strong Follow-ups with clients for payments, making collection plan, carry out billing, collection and reporting activities according to specific deadlines, maintaining Customers files, Monitoring customer account details for non-payments, delayed payments and other irregularities
  • Bank Reconciliation: Prepare Bank reconciliation Statement
  • Match the final balances of general ledger with that of the bank statements.

Education

MBA (Finance) -

Banasthali University

Bachelor's in commerce - undefined

C.S.J.M University

Skills

MSOffice Package

Accomplishments

  • To work as a part of team engaged in implementation of MTD in UK which includes getting the reports designed in coordination with technical team, understanding the tool and implementing the same to ensure timely and accurate return preparation and filing.
  • Transition, setup and stabilization of new territories like Benelux entities, Malta, Germany, Switzerland, Austria, Principal and Regent hotels.
  • Checking and every transaction booked in GL and analyse and ascertain its tax applicability.
  • Vetting the billings done by an entity are correct and in line with agreements and contracts in place for the same and highlighting any discrepancy and getting the same corrected.
  • Displayed true process competency and result oriented approach to clear outstanding un-reconciled balances in various balance sheet accounts and helping the businesses in ensuring accuracy of the numbers submitted by them.
  • Introduced and implemented various process improvements and control checks and points.
  • Assistance in Ryan Audit.
  • Standardized the process of Proforma tracking and their clearance.
  • Setting up of the process for WHT certificate procurement from hotels
  • Checking and controlling the reconciliations of whole team in order to keep a check on open items and avoid any SOX observation.
  • Managed stakeholders nicely and received various Bravos and appreciation from on shore team and Managers
  • Managing a team of people on different levels- Team Lead, Senior Analyst & Analyst and keeping them engaged, motivated and result oriented.

Timeline

Indirect Taxation & Record to Report (Manager)

Genpact India pvt.ltd
02.2022 - Current

Indirect Taxation (Team Lead)

Intercontinental group of Hotels

Fixed Assets Projects & Analysis

Intercontinental group of Hotels

Finance Executive

Henley Infrastructure

MBA (Finance) -

Banasthali University

Bachelor's in commerce - undefined

C.S.J.M University

Similar Profiles

CREATE PROFILE
Swati SharmaManager