UTSAV GERIYA

Taxation :

• Effectively managed client tax portfolio, including tax return estimating, tracking, preparation, tax payments, and return preparation and documentation.
• Used knowledge of tax hour and software application to correct data in various ways.
• Review of various tax returns, i.e., 1040, 1120, 1120-S, 1065, and 1041 tax returns, along with work papers.
• Preparation and review of high-net-worth individual income tax return.
• Reviewed various foreign forms, i.e., 5471, 5472, 1116, 2555.
• Applying various tax planning strategies, i.e., Agusta Rule, Cast Segregation rule, child employment to minimize tax liability of client.
• Adjustments like provisions, depreciation, interest, accrual of any expenses, reversal of prepared expenses, etc. For the preparation of financial statements at month-end and at year-end.
• To check and review diagnostics, clear them before sending draft open items, and send them to the client.

Accounting :

• Perform and review monthly and quarterly financial statements for accurate reporting.
• Perform full cycle reconciliation, including the balance sheet, income statement, and trial balance finalization.
• Conduct bank and credit card reconciliation to optimize cash flow management.
• Prepared and analyzed a variance analysis report to identify significant changes in the financial statement items, and to report it to the management.
• Reviewed balance sheet items to confirm that all year end AJE's has been posted and books are properly closed.

• Developed financial reports to support strategic decision-making and budgeting processes.
• Analyzed account balances to ensure accuracy and compliance with financial regulations.
• Managed monthly closing activities to facilitate timely financial reporting and audits.
• Coordinated with cross-functional teams to streamline accounting operations and improve efficiency.
• Mentored junior finance staff, enhancing their skills in financial analysis and reporting.
• Implemented new accounting software to improve data management and reporting accuracy.
• Reviewed internal controls to identify areas for improvement in financial processes.
• Conducted variance analysis to assess budget deviations and recommend corrective actions.
• Maintained records of fixed assets including depreciation schedules for tax purposes.
• Reviewed monthly, quarterly, annual reports to ensure accuracy of financial information.
• Assisted in preparing presentations for board meetings regarding fiscal performance.
• Coordinated audits by external auditors to ensure compliance with statutory requirements.
• Managed accounts payable and receivable processes, ensuring timely payments and collections.

• Posted day to day entries of Purchases and Expenses.
• Monthly and Quarterly reconciliation of GST credits with the credits as per books.
• Preparation and submission of the stock statement on a monthly basis to the bank for the company's CC.
• Timely payment of government dues, i.e., TDS, GST, Advance Tax, and Provident Fund.
• Coordinating with the bank for export realization, and submission of the letter of credit.
• Assisting the auditor in the smooth completion of the statutory audit.