Profile Summary
Dynamic and detail-oriented professional with extensive experience in accounting and taxation. Proven track record in delivering high-quality financial consulting services, managing audits, and optimizing tax strategies for diverse clients. Strong analytical skills combined with a deep understanding of regulatory compliance and financial reporting standards. Adept at streamlining processes to enhance efficiency and accuracy while fostering strong relationships with clients and stakeholders. Committed to leveraging expertise in financial analysis and reporting to contribute to the success of an organization.
KEY SKILLS
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Employment History
Senior Accountant at Fashion TV India Private Limited, Santacruz West
March, 2023 - September, 2024
- Compiled general ledger entries with 100% accuracy and utilized accounting software for tax returns and consolidated reports.
- Analyzed accounts to identify issues, reducing outstanding debts and improving cash flow management through stricter credit policies.
- Directed the accounting team in timely financial reporting for diverse client businesses while managing month-end and year-end finances.
- Reviewed accounts, resolved coding discrepancies, and tracked recurring expenses for accurate accrual entries.
- Established strong vendor relationships to negotiate favorable payment terms, enhancing working capital management.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit’s performance.
- Contributed to cost-saving initiatives through detailed expense analysis and optimization identification.
- Completed year-end closing processes in collaboration with controllers and external auditors while reconciling accounts for monthly closures.
- Liaised with clients on financial plans and objectives, expediting payroll and invoicing by streamlining billing systems.
- Served as a key liaison between Finance and Operations teams, fostering effective communication on budgetary matters and cross-functional collaboration.
- Developed and implemented internal controls to enhance accuracy and efficiency in financial reporting processes.
- Conducted variance analysis to identify discrepancies between budgeted and actual performance, providing actionable insights to management.
- Assisted in the preparation of annual budgets and forecasts, aligning financial goals with strategic objectives.
- Monitored compliance with financial regulations and standards, ensuring adherence to internal policies.
- Facilitated training sessions for junior staff on accounting procedures and software utilization to enhance team efficiency.
Consultant at JHS & Associates LLP (Assignment Basis)
November, 2021 - February, 2023
- Conducted comprehensive internal audits for a listed NBFC, evaluating compliance with regulatory requirements and effectiveness of internal controls.
- Executed procurement audits for the hospital, assessing vendor selection processes and adherence to procurement policies.
- Analyzed operational efficiency and financial integrity during internal audits of the listed cinema house, focusing on revenue recognition and cash handling.
- Developed and presented detailed audit reports to management, highlighting findings and recommending actionable improvements.
- Evaluated internal financial controls within the listed NBFC, assisting in the documentation and compliance with regulatory standards.
Paid Assistant at Rajesh Vyas and Company
December, 2018 - October, 2021
- Conducted statutory, tax, and GST audits for diverse clients, including private and public limited companies, ensuring compliance with regulatory standards.
- Performed internal audits to evaluate operational efficiency, risk management, and adherence to tax and accounting regulations.
- Analyzed financial statements to identify discrepancies, prepared detailed audit reports, and conducted follow-up audits to ensure implementation of recommendations.
- Ensured compliance with ROC, GST, and TDS regulations, managing timely filings and advisory services for optimized tax planning.
- Handled accounting and finalization for professional firms and individual clients, ensuring accuracy and compliance with accounting standards.
- Developed and implemented internal control processes, conducted risk assessments, and provided recommendations to improve financial reporting and compliance practices.
Article Assistant at N N Shah and Company
May, 2015 - November, 2018
- Prepared direct tax returns for individuals, HUFs, companies, firms, and trusts while ensuring compliance with regulations.
- Managed TDS and TCS compliance, including timely filings and audits for various entities.
- Conducted tax audits and statutory audits for private companies, partnership firms, and trusts.
- Performed fixed asset audits, stock audits, and filed MVAT/CST and service tax returns in compliance with local regulations.
- Oversaw GST compliance and audits, including assessments and reconciliations for accurate reporting.
- Reviewed and analyzed financial statements to ensure accuracy and compliance with accounting standards.
- Assisted clients in tax planning strategies to optimize their tax liabilities and improve financial efficiency.
- Provided guidance on tax implications of business decisions and transactions for various entities.
- Developed and maintained client relationships through regular communication and updates on tax matters.
- Conducted training sessions for clients on tax compliance and best practices for financial management.
Education
Diploma (Commerce (Accounting and Finance))
Mumbai University
2015
Professional Degree (CA Inter)
The Institute of Chartered Accountants of India
2015
12th Maharashtra State Board of Higher Secondary Education
2007
SHASHIKANT JHA
Basic Details
Gender -
Male
Marital Status -
Married
Languages
English
Hindi
Marathi
Skills
Microsoft Office - (Microsoft Word, Excel, PowerPoint, Outlook)