Prashanth Pawar Email & Phone Number

Bengaluru, Karnataka, India

GTS Cost Consolidation FA: Elemental Analysis & Forecasting, TAW reporting for GTS – Elemental wise & GTM wise, Labor rates calculation & loading the same in to BMS systems, Closing out rate recycle reports, Over Under analysis, Closing entries - PACT cost recovery, ITPL Recovery, GTS Top analysis & Forecasting, Allocation updates/creation, ICA & IDA Creation, ICA Billings, GUDA Department updation/creation, Buy In Analysis, PACT ID creation/updates, Labor QtQ & YtY Variance Analysis & Forecast,  Financial Anlyst / Consolidation, GTS: Handled consolidation activities for GTS- ISA. Financial Analysis of GTS SO & ITS sectors. As a FA was responsible for Financial cleanliness, Revenue / cost accruals / deferrals, Revenue & Cost reporting, Invoice/Credit note handling, Creation of ICA/ IDA's, PFS, Backlog activities, New financial tool implementation, Closure of Projects, Closure of UBAR & Pended billings, Reply to audit queries, etC.

Bengaluru, Karnataka, India

 Tax Professional, Indirect Tax: Responsible for Indirect Tax accounts reconciliations, analysis of accounts to reply various investigations, driving Indirect tax payments (Service tax & VAT) & returns activities across India, Audit representation & system query up gradation for vulnerable tax requirements. Ownership of Indirect tax accounts  Monthly service tax computation and Reconciliation for IBM India & IBM Daksh.  Indirect Tax advisory and monthly reconciliation between Ledgers and returns ensuring the same is in conformity with Balance Sheet.  Preparing ST-3 Returns for IBM & Other Entities.  Monthly service tax input credits for IBM & Other Entities acquired by IBM.  Responsible for Internal department MIS reports and analysis, Revenue and LOB wise on every month end.  Monthly calculation of Service Tax liability under Import of services based on ICA billing. Maintaining service tax credit registers (Domestic & Import of Services).  Monthly accounting of entries related to Indirect Tax  Handling SOX queries and documentation for Indirect Taxes.  Monthly MIS for internal department.  Attending tax audits conducted by Government Agencies  Coordinate with sales tax departments and Preparation of VAT Returns for all the regions.  SPOC & responsible from Indirect Tax team for giving information as & when requested by Statutory auditors  Revenue reconciliation between financials & returns filed.

Bengaluru, Karnataka, India

 Deputed at IBM India for Indirect Tax process backend Support  Deputed at HP India Sales Ltd, Koramangala – Claims Process Unit – Processing the claims of Royalty, AMC's & Reimbursements.  Deputed at HP GDIC, Electronic City – Payroll Process & House Deposit Loan transition to ICICI Bank – As a team leader of 6 members collected income Tax declaration proofs from employees, verified the same, given the consultation to employees regarding Income Tax matters, Uploaded the data in Payroll package & finally answered the calls logged related to Income Tax queries in Payroll Helpdesk. For ICICI loan transition - liaison in between ICICI Bank & HP employees for the transition of HDL. Given the MIS report to the management of HP on Day to Day basis.  Deputed at Texas instruments – Medical reimbursement – Verified the medical reimbursements claimed by the employees & given a report to the Payroll department.  Deputed at Honeywell Technologies Solutions Ltd. – Lead the team of 4 members on data entry of Bonds related to STPI in a software package provided by HTSL.  Spearhead Services Pvt Ltd – Mumbai - 1)Contacted various customers of HP India Sales Pvt Ltd to collect the C Forms & TDS certificates which were pending from 2002-03. The responsibility included to provide the relevant data to the customers, reconciliation of data between the vendor & customer. 2)Calculation of lease tax payable of HP Financial Services Ltd for the states of Maharashtra & Gujarat. 3)Lead a team of 4 persons as an 3rd party reporting on the working condition of laptops, PC's, Printers & servers to Rentworks India Pvt Ltd & Hindustan lever Ltd under the Techfresh project, wherein Rentworks was in contract with HLL for providing the IT infrastructure.

Bangalore/Sirsi

 Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.  Bank Audit under the Banking Regulation Act  Tax Audit U/s 44AB of the Income Tax Act and Audit under the Companies Act  Tax Audit of Co-Operative Societies  Stock checking at clients places and preparation & submission of TDS yearly returns  Charitable Institutions Audit and reconciliation of Bank and Cash Balance.