Runal Jhamvar Email & Phone Number

Reviewed variety of returns including Individual, S Corporation, partnership returns. Helped review the complex and multi‐state tax returns.Worked with multiple offices in different geographic locations and supported with review of complex consolidated tax returns.Reviewed foreign reporting forms including, FinCEN Form 114 FBAR, Form 8938, Form 5471/5472s, Form 926, Form 8665, Form 8992, Schedule K2 & K3 and conducted research and analyzed U.S. federal and international tax issues.Helped individuals and business clients with tax planning, prepare taxable income projections and assist clients in making their quarterly estimated tax payments.Worked with IRS and state revenue departments to resolve tax notices and issues related to client tax fillings.Conduct proper research to handle complex tax and accounting situations and prepare work papers for future reference and records.Actively participated in the firm meetings and contributed towards management and process improvements.Handle routine client questions and work with them to help with their tax questions, planning and other issues.Engaged in self-educating process.

Reviewed variety of returns including Individual, S Corporation, partnership returns. Helped review thecomplex returns and multi‐state tax returns for high net‐worth individuals.Reviewed and prepared tax foreign reporting forms including, FinCEN Form 114 FBAR, Form 8938 FATCA, Form 5471/5472’s, Form 926, Form 8665, Form 8992, Partnership Schedule K2 & K‐3 and conducted research and analyzed U.S. federal and international tax issues for expat returns.

Reviewed variety of returns including Individual, S Corporation, partnership returns. Helped review thecomplex returns and multi‐state tax returns for high net‐worth individuals.Reviewed and prepared tax foreign reporting forms including, FinCEN Form 114 FBAR, Form 8938 FATCA, Form 5471/5472’s, Form 926, Form 8665, Form 8992, Partnership Schedule K2 & K‐3 and conducted research and analyzed U.S. federal and international tax issues for expat returns.Coached and mentored staff to help them with managing workflow, resolving tax and software issuesConduct proper research to handle complex tax and accounting situations and prepare work papers for future reference and records.Actively participated in the firm meetings and contributed towards management and process improvements.Handle routine client questions and work with them to help with their tax questions, planning and other issues.Engaged in self educating process for adopting emerging trends and addressing industry requirements.

Prepared and reviewed Individual, Partnership, S Corporation, Corporations, Charitable organizations, Trust and Estate tax returns. Helped in preparation and review of complex and multi-state tax returns.Helped individual and business clients with FBAR, FinCen114 and Form 5471/5272 reporting for reporting foreign assets and ensured compliance with regulatory authorities.Helped individuals and business clients with tax planning, prepare taxable income projections and assist clients in making their quarterly estimated tax payments.Participated actively as a team member in various audit assignments.Conduct proper research to handle complex tax and accounting situations and prepare work papers for future reference and records.Handle routine client questions and provide necessary documents requested by clients. Work with clients to obtain necessary information for preparation of Financial statements and Tax Returns.Engaged in self educating process for adopting emerging trends and addressing industry requirements.

Peoria, Illinois Area

Heinold Banwart was acquired by Sikich effective August 31, 2020.Prepared and reviewed Individual, Partnership, S Corporation, Corporations, Charitable organizations, Trust and Estate tax returns. Helped in preparation and review of complex and multi-state tax returns.Helped individual and business clients with FBAR, FinCen114 and Form 5471/5272 reporting for reporting foreign assets and ensured compliance with regulatory authorities.Helped individuals and business clients with tax planning, prepare taxable income projections and assist clients in making their quarterly estimated tax payments.Participated actively as a team member in various audit assignments.Conduct proper research to handle complex tax and accounting situations and prepare work papers for future reference and records.Handle routine client questions and provide necessary documents requested by clients. Work with clients to obtain necessary information for preparation of Financial statements and Tax Returns.Engaged in self educating process for adopting emerging trends and addressing industry requirements.

Peoria, Illinois Area

Support business system and system users across 28 branches spread across 10 states.Reconcile Accounts Receivable and Inventory accounts on a weekly basis. Analyze the differences, resolve inventory variance and other issues related to accounts receivable and inventory accounts.Journalize reclassification and rectification general entries, help in recording correct inventory costs and moving average prices for inventory parts.Perform internal auditing of the sales invoices and identify any discrepancies and resolve issues.Help in reconciling the accrued payable account and identify issues related to vendor payments and credits.Journalize the entries and help the branches with getting the vendor credits and assist the account payables team.Work closely with the manager and MIS team to automate and integrate existing business processes.Help in setting up general ledger accounts, accounting distributions and accounting codes as necessary. Create Crystal reports, reformat, convert and upload data to the business systems.Perform daily routine activities, support MIS personnel in all areas, assist with problems and questions from business users on daily basis.

New York

Performed bookkeeping for clients in real estate, apparel, groceries and deli, gas stations and various other business sectors throughout USPerformed analysis of bank accounts, general ledger and account balances and passed quarterly and year end journal entriesPrepared quarterly and annual financial statements (includes B/S , P&L , cash flow, notes to financial statements and other schedules) in compliance with US GAAPAssisting clients to develop, analyze and execute annual budgets as well as estimate future financial needs, helping them to understand the variance and giving recommendations for future improvement Prepared payroll returns and helped clients with their routine payroll activities like maintaining employee records, preparing pay-stubs, salary disbursements and other regulatory proceduresCompile payroll reports for worker's compensation, disability insurance and profit and loss statements for Financial companies such as NYSIF, Shelter point, The HartfordPrepared sales tax returns for clients from different business sectors and ensure timely filingPrepared Individual, Partnership, S Corporation, Corporations, Charitable organizations, Trust and Estate tax returns. Helped in preparation and review of complex and multi-state tax returnsHelped individual and business clients with FBAR, FinCen114 and Form 5471/5272 reporting for reporting foreign assets and ensured compliance with regulatory authoritiesSupport in setting up new business entities and help in the registration process. File Annual Report, Business License filing and renewals and all other State filing requirementsPerformed audits for non-profit organizations and trustsHandle routine client questions and provide necessary documents requested by clients. Work with clients to obtain necessary information for preparation of Financial statements and Tax ReturnsConduct proper research to handle complex tax and accounting situations and prepare work papers for future reference and records

Peoria, Illinois Area

Research topics in finance & quantitative analysis, economics for publication in accredited educational journals for different professors. Tutoring students and help them develop and organize business plans for their introductory, core business course.

Pune, Maharashtra, India

Performed and lead the field audits on wide variety of clientele using AS/2 System. Performed financial statement audits of public and private entities engaged in manufacturing, telecom, pharmaceutical and service sectors for purposes of compliance with SEBI (Securities and Exchange Board of India) Guidelines, Companies Act, Income-tax Act and other statutory provisions as applicable in India. Prepared financial and regulatory reports required by laws and regulations. Worked on assignments engaging compliance with SOX and IFRS reporting. Guided the clients on establishing and managing the internal controls thus, helping them streamline the accounting process. Reduced Cost by minimizing the billable hours by training on field and junior staff to multi-task and be more efficient.

Pune, Maharashtra, India

Full time articleship experience With Deloitte Haskins & Sells.Involved in planning, scheduling, fieldwork and reporting on assignments relating to statutory audits, limited reviews and tax audits requiring extensive interaction with middle and top level management covering both manufacturing and service industries.

Master'S Degree, Science Of Accounting (Msa)

Master Of Business Administration (Mba), Accounting And Finance

Chartered Accountant, Accounting And Auditing

Bachelor Of Commerce (B.Com.), Bachelors In Commerce

Education record

Education record

Certified Public Accountant (Cpa)