VINITA JAIN
Indore
Summary
To Work in a dynamic environment that provides me a wide spectrum of experience and exposure. To bring a versatile portfolio of skills at the workplace and serve the organization with positive attitude, efficiency and dedication. Skilled at understanding customer and employee requests and meeting needs. Motivated professional with a strong foundation in tax compliance and financial reporting. Delivers exceptional service through meticulous attention to detail and effective communication. Supports organisational goals by fostering collaborative relationships and demonstrating adaptability in dynamic environments.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Executive
AXA XL Insurance Company
10.2018 - 03.2020
- Handled global Insurance Premium Tax returns for several countries of EMEA jurisdictions namely Finland, Slovenia, Malta, Netherland, Belgium, Germany, France, Bulgaria, Monaco, Caledonia, Portugal, Denmark, Croatia, Hungary, Greece, Austria, Switzerland, Ireland and Italy.
- Having a conceptual understanding of distinguished specifications of laws and regulations for IPT returns and various types of insurance risks such as property and damage, marine and hull, fire, liability etc.
- Systematic and effective follow up for handling the underwriters for tax bookings in the accounting system.
- Proactively handling the end to end process of all IPT returns meeting timely filing and payment deadlines including performing policy allocations in the books of accounts.
- Timely filing of GST returns for some of the domestic clients from various industries and verifying their accounts and ledgers for input tax credit check.
- Have knowledge of international IPT laws. Worked on presentations on understanding the impact of Brexit rules changes with regard to 'Location of insurance risk' in IPT.
- Addressed and completed multiple audit queries from various tax revenue authorities and managing responses to queries from onshore underwriters. Assisted the stakeholders in processing correct tax bookings in the system and systematic follow ups.
- Being updated with the applications such as Tax BDX tool, Country Guide, TMF Guide & GENIUS as per the changes in legislation.
- General Insurance company
Executive
SKP Business Consulting LLP
12.2015 - 04.2016
- Handling Compliance Assignments (Service Tax) independently of clients for Mutual fund, Stock and Equity broking, Hospitality Industry, No Banking Financial sectors, Commodity Broking, including preparation of half yearly Service Tax returns.
- Conducting VAT Audits under Maharashtra Value Added Tax and for other States of India and maintaining co-ordination for VAT compliance i.e. registration, payment & return filing for Leading Banking Companies, Hospitality and other Sector.
- Assistance in regulatory compliance in the field of Service Tax inclusive of Classification of taxable Services, ascertainment of monthly liability as well as CENVAT credit calculation, process implementation and regular litigation support and advisory on refund of service transactions.
- Worked on Budget Analysis publication launched by DB Desai & Co for the year 2014-15 and SKP booklets on budget updates for the year 2015-16.
- Compilation & submission of documents demanded in Transfer Pricing scrutiny assessment; preparing transfer pricing reports and filing of Form 3CEB.
- Kept internal financial controls aligned with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
- Coordinated with external auditors during annual audits, providing necessary VAT documentation and explanations.
- Identified opportunities for VAT reclaim, significantly reducing tax liabilities and boosting profitability.
- Assistance in preparation of Due Diligence reports.
CA Articleship
Haribhakti & Co (DH Consultants Pvt. Ltd.)
08.2011 - 01.2015
- Collated and analysed data required to compute accurate tax returns, successfully submitting before deadline.
- Monitored changes in tax rates and legislation to ensure compliance in all client dealings.
- Managed client queries regarding tax filings and provided comprehensive guidance on tax-related issues.
- Guided clients through tax audits, providing support and expertise to achieve favourable outcomes.
- Educated clients on digital tax submissions and the use of online platforms for record-keeping.
- Managed a portfolio of clients, maintaining strong relationships and delivering exceptional service.
- Kept office documentation and filing system organised and updated.
- Reviewed junior associates' work to confirm accuracy and compliance with the tax laws.
Education
MBA - Banking and Finance
Narsee Monjee Institute of Management Studies
Mumbai, MH12-2020
CPT - Tax and accounts
Institute of Chartered Accountants of India
Mumbai, MH06-2009
CA IPCC - Tax and accounts
Institute of Chartered Accountants of India
Mumbai, MH05-2011
ACCA - Tax and accounts
Association of Chartered Certified Accountants
04-2026
B.COM - Banking and Finance
H.R. College of Commerce & Economics
Mumbai03-2012
SSC - school
Swami Vivekanand International School
Mumbai, MH03-2007
HSC - college
H.R. College of Commerce & Economics
Mumbai, MH02-2009
Skills
- Tax compliance
- Financial reporting
- VAT compliance
- Tax return preparation
- Digital tax submissions
- Calm under pressure
Accomplishments
- Holding International Certificate on seminar on Entrepreneurship and small Business Management Program held at HR College, 2011-12
- Awarded as Best Article of Haribhakti & Co in the Indirect Tax Department, 2014
- Awarded certificate for good analytical skills in research and handling clients in SKP & Co, 2016
Languages
English
Proficient
C2
Hindi
Advanced
C1
Marathi
Intermediate
B1
French
Beginner
A1
Hobbies and Interests
- Travelling
- Swimming
- Painting and sketching
Certification
- Chartered CA Inter
- ACCA certified
Timeline
Senior Executive
AXA XL Insurance Company
10.2018 - 03.2020
Executive
SKP Business Consulting LLP
12.2015 - 04.2016
CA Articleship
Haribhakti & Co (DH Consultants Pvt. Ltd.)
08.2011 - 01.2015
MBA - Banking and Finance
Narsee Monjee Institute of Management Studies
CPT - Tax and accounts
Institute of Chartered Accountants of India
CA IPCC - Tax and accounts
Institute of Chartered Accountants of India
ACCA - Tax and accounts
Association of Chartered Certified Accountants
B.COM - Banking and Finance
H.R. College of Commerce & Economics
SSC - school
Swami Vivekanand International School
HSC - college
H.R. College of Commerce & Economics