Utkarsh Hoon

Key Contributions:

• Actively involved in training professionals across service lines for levels ranging from new hires to Seniors
• Coordinating with US counterparts and the USI Resource Team to identify potential work transition possibilities and ensure optimum utilization of resources.
• Handling team clusters of 10+ professionals and developing their people skills.
• Conducting regular Check-Ins with Cluster members and co-ordinate in the alignment of their goals, roles, and responsibilities. Comprehend milestones and track the progress on a continual basis.
• Settle any conflicts as and when raised by the Cluster members.
• Keeping a close watch on the budgets and workflow and providing timely feedback to the client if and as deliverables change.
• Working closely with the client to ensure a steady, timely information flow both to receive data from them and as we complete various deliverables.

Main Responsibilities:

• Perform 2nd level review of Partnership Returns (Form 1065), Schedule K-1’s, Tax Workpapers and e-filing packages primarily for Investment Partnerships.
• Preparation of Tax Memos.
• Involved in the execution of workflow of the entire tax return preparation process.
• Prepares estimates by projecting income on the basis of client’s financials and workpapers for the future tax return and help the client with their quarter estimates due.
• Preparing Engagement letter.
• Preparing budget and pricing tools.
• Review of US tax partnership allocations like aggregate, special allocation, waterfall allocations.
• Perform detailed calculation of Wash Sale, Dividend, UBTI.
• Perform review of additional forms like 8865, 8621, 8082, 8804/8805, 1042/1042-S, etc.
• Review and delivery of tax compliance for clients from start to end, including delivery of extension, allocations workpapers , K-1s, filing international forms and tax returns.
• Worked on partner residency filings for states including NYS, MA, NJ, CA, LA etc.

Main Responsibilities:

• Processing of Waivers, Write Offs, Refunds, Invoicing, Unbilled SO, Billing Due List and Payment Application
• Entering payment details in company’s statement (SAP)
• Preparing billing invoices and Creating billing invoices for due clearance and release of Vendor Payments within agreed Service Level Agreement (SLA).
• Raising of queries and handling replies received through the workflows for processing invoices.
• Investigation of Container Detention, Demurrage & Freight Charges
• Providing periodic Business Data, Weekly & monthly reporting to Manager
• Maintained\Prepared Standard Operating Procedure documents.