sadiya ishaque

Goods and Service Tax.  Timely and correctly computation and payment of GST liability monthly for multiple clients from Service &Manufacturing Industries and filing of all monthly and quarterly GST returns for both composition and regular clients.  Filing of Annual GST returns.  Taking new registrations, Amendments in current registration of clients as and when required.  Preparation and filing of LUT documents for Exports.  Ensuring optimal utilization of GST input credit.  Dealing with Clients queries on GSTR-2 reports.  Periodically reconciliation of GSTR-2A credit with Purchases.  Reconciliation of Revenue, Purchase, Output GST and Input GST with financials.  Well versed with GSTN portal and various functionalities available on the portal.  Tracking changes in GST Act, Rules, procedures and take appropriate actions.  Coordination with accounts team to make necessary changes of Indirect Taxes and generation of reportsrequired for GST compliance.  Income Tax.  Timely calculation and online payment of TDS liability (Salary, Non-Salary and Non-Resident) for various clients.  Filing TDS returns on quarterly basis.  Generating Form 16 and Form16A.  TDS correction as and when required.  Attend and resolving queries related to TDS.  Computation and filing of Income Tax returns of Individuals, Partnership firms and Company’s  Calculation and payment of Advance tax for various clients.  Professional Tax (PT).  Calculation and payment of Professional Tax liabilities on monthly basis for various clients.  Filing PTEC and PTRC return.  Book Keeping and Accountancy.  Supervision and ensuring correctness of financial transactions on Tally for Sales, Purchase, Expenses etc. of the Principal and associate and entities  Preparation of Monthly Balance Sheets, P&L and other financial reports of all entities.  Interface with Auditors for various queries and ensure Audited Financials on time.  Coordination with various regulatory authorities in relation to compliance, department inquiry andefficient and effective closing matters raised by authorities.  Management of ageing analysis of Receivables and Payables.  Preparation of Profit Analysis Entity wise.  Bank reconciliation of all entities on monthly basis.  Accounting systems improvements of Tally medication to suit the organisational and managementreporting requirement.  Pass Tally Entries and Preparing Reports Cost Centre Wise.  ROC Compliance.  Preparation of Form 15CB and 15CA for Payment to Non-Resident.

Balance sheet preparation for India as well as Consolidated Balance Sheet. Finalization of the year end accounts and co-ordination with the Statutory Auditor  Monthly preparation of Profit & Loss account of the company for India as well as Group level.  Monthly department wise Profit and Loss statement preparation.  Preparation of Presentation for the management review which include financials, gross margin report, statutory payments, debtors ageing.  Preparing yearly budget and analyzing the variances vis-a-vis the budget  Prepare Revenue forecast every month. Providing report to the management for variance of actual revenue with the forecast departmentwise.  Preparation of Debtors and Advance from customer report for management.  Monitoring budget allocations, expenditures, and related financial activities.  Highlighting & Analyzing the variances vis-a-vis the budget and suggesting measure to correct the same.  Prepare Analytical Reports for Management Action.  Pricing of various products vis-à-vis cost and verifying profitability of scheme proposed by management and reviewing the product profitability on regular basis.  Performance Evaluation – Monthly performance evaluation report & analysis of Branches are sent to branches with the targets for next month.

Major assignments during articleship period: Statutory & Tax Audits Income Tax & Wealth Tax  Preparation of Income Tax Returns for Various Companies, Partnership firms and Individuals.  Preparation of Wealth Tax Computation and submission of Wealth Tax Return.  Assisted in submissions of scrutiny assessments, appeals and various assessment matters. Other Assignments:  Assisted in company law matters including company formation and filing of returns.  Calculation of TDS amount along with Filing of E-TDS return.  Conducted VAT audits of entities.  Calculation of Service Tax and Filing of Service tax returns. Activities Involved:  Account writing for various Firms & Private Ltd Cos in Tally software.  Analysis of draft financial statements including notes to accounts.  Planning and execution of various Audits of clients.  Represented the firm on a variety of audit assignments.  Performance and Supervision of Statutory and Tax Audits.  Assessment, Tax calculations and Reporting of various clients.  Drafting and forwarding Letters to IT department.  Training and development of Junior Articled Assistant.

Reviewof PayableEntry& posting theBatchesinAccountingSoftware.  Preparation of Accrual Schedule andAccrual entries on eachmonth close  Review ofmonth close/ adjustment journalsin books of accounts  Review Profit and Loss account and Balance Sheet account and makeadjustment/ Re class entries  Review Bankstatement on Daily and monthly basis forthe organization tomake surewe have positiveBalance&doing bankEntriesin GP.  Liaising with Bankers for Operations etc as& when required.  Statutory Compliances-TDS, PF,MVAT, Service Tax etc.  Preparation ofmonthly/ quarterly/ annualreports and returns andsubmission with respective authorities.  Prepare variousmiscellaneousreportsfor SeniorManagement  Perform various financial and accounting analysis