Santosh Sundarka Email & Phone Number

Charlotte, North Carolina, United States

Working as a Tax Preparer and Reviewer for C Corp and S Corp(1120), LLP/LLC(1065), Resident & Non Resident Individual (1040 & 1040NR). Ensuring accurate reporting of various types of IRS forms. FBAR, 5471, 5472, Tax Residency Certificates,etc. Tax Implications and Suggestions. Handling and managing Tax Clients

Bangalore

- Auditing, Bookeeping & Accounting Services.- India-Corporate, Partnership and Individual Tax Return Filing.- GST and related matters.- Corporate Complaince and Other allied laws matters.-US - 1120, 1065, 1040, 1041 Tax Return Filing.- US - 2555, 1116, FBAR filing

Bangalore

-Provides technical guidance and expertise to current team.-Communicates effectively within the team and with internal and external customers and data providers.-Evaluates and reports on staff performance, participates in employee selection, provides career guidance and training direction, complies with personnel practices, and promotes team rewards and successes.-Motivates team members to work towards individual and team goals and objectives and fosters an environment of teamwork and cooperation.

India

Key Result Areas:-Liaising with various business units for consolidation and ensuring compliance with Generally Accepted Accounting Principles, applicable laws, regulations, and policies & procedures.-Supervising and training a team of 5 professionals and spearheading them to resolve problems and achieve deadline.-Maintaining key liaison between Accounting and other departments on assigned functions.-Scrutinizing and reviewing GLs and major subsidiary ledgers (AP's and AR's)Performing:*Finalization of books of accounts on a monthly, quarterly, half-yearly and annually as per SAP FICO deadline date.*Fixed Asset Management including asset recording and depreciation in SAP.-Ensuring:*Appropriate accounting for accruals, prepaid, deferred revenue, payroll & statutory dues, TDS & GST Payables, Foreign Exchange Fluctuations and Hedging.*Effective use of funds by assisting the Treasury Dept. with working capital management.*Timely audit & finalization of the accounts by resolving queries and issues with the Internal Audit Team (Deloitte) & External Auditor (PWCs).-Driving the efficiencies and understanding ROI, NPV, & IRR in existing and new business plan by evaluating the process.-Recommending various business proposals, agreements, SOP and DOP.-Bringing efficiency in the process through IT automation thereby implementing and maintaining a strong internal control within the organization.Highlight:Played a vital role in reducing company's interest cost by Rs.20 million through proper planning of working capital management and reduced idle funds.Reduced manpower cost through Automation and Business Integration

Bengaluru Area, India

Key Result Areas:-Led a team of 5 professionals; settled the hedge transaction and foreign exchange fluctuation by coordinating with bankers on regular interval for working capital loans.-Monitored the statutory compliance (FEMA, MCA) and taxation matters including transfer pricing.-Maintained timely insurance & renewal for all the assets, physical verification of the assets and updated the asset register of various business units.-Performed monthly reconciliations of bank accounts, receivables, inventory, expense, provisions, and other liability accounts.-Ensured that the concurrent audit is done for all vouchers on real time basis; coordinated with government officials, (CBDT, CBEC, and DGFT).-Managed the documentation of Internal Control Policies & Procedures related to all transactions / operations of the business.Highlights:Played a vital role in:-Recovering the excess Income Tax paid to exchequer of 110 Million due to wrong valuation of inventory and sold assets.-Receiving a long pending exempt status for companies Gratuity Trust Fund by coordinating with government officials.-Highlighting few fraud activities and integrity issues in various business units.

Bengaluru Area, India

-Statutory Audit as well as Internal audit for private and public limited companies. -SOX Compliance audit. -Tax Return preparations for individuals (1040), trusts (1041), foundations (990 PF), Foreign Banking Assets Reporting, Corporations 1120 / 1120S. 1099 & 1096 preparation & reporting, W2 & W3 preparation & reporting. -Project report and fund-raising activity for startup companies. -Managing audit employees, mentoring junior staff, training new employees. -Looking after Income Tax, Excise, Customs and Service Tax matters. -Major Clients Handled: • Sistema Shyam Teleservices Ltd.(MTS Mobile): Worked as a Team Leader for the project. Project(IPs ,LLs and Fixed Asset Capitalization). • Tulsyan NEC Ltd.(Dodaballapur): Assisting the internal staff of the company to finalise the books of accounts.

Kolkata Area, India

-Compliance with requirement of schedule VI of the Companies Act, 1956. -Compliance with Accounting Standards. -Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2003 (CARO). -Review of Corporate Governance Report and other Secretarial records.-Preparation of Audit Plan and ensure completion of the same within the time. -Analysis of Revenue Booking System. -Collateral Inspection & Foreign Remittance Verification. -Service Tax computation, return filing and working on CENVAT Credit. -Preparation of Income Tax computation of Firms and Companies.-Major Clients Handled: • Ceeta Industries: Leading the team of Statutory Audit in Kolkata and Tumkur, Karnataka. • Orissa Cement Limited: Leading a team of 4 for internal audit in Kharagpur, West Bengal. • Saraf Group Of Companies: Worked with a team for a project to ascertain the feasibility of hard coke business in Giridih, Jharkhand.

Kolkata, West Bengal, India

-Conducted audit of Public Sector Banks through out West Bengal State. -Conducted Statutory Audit, Internal Audit of Private and Public Limited Companies. -Compliance with requirement of schedule VI of the Companies Act, 1956.-Compliance with Accounting Standards. Preparation of Income Tax Computation of Individuals, Firms and Companies.Major Clients Handled: • CDSL and NSDL Inspection Audit: Active team member for inspection audit stock broking firm and transfer agents in Kolkata and Bhubaneswar. • Batliwala & Karani Securities Pvt. Ltd: Active team member in the Statutory audit. • Oriental Bank of Commerce and SBI: Bank Audit in Kolkata, Jalpaiguri, Siliguri - West Bengal

Delhi

Managing Books Of Accounts.Managing the Accounts Receivable and Accounts Payable.Inventory Management.Working Capital Management.

Cpa, Usgaap, Gaas, Sox, Pcaob, Sec, Us Taxation And Regulations,Cost Management

Chartered Accountant, Accounts,Audit,Mafa,Corporate Law,Management Accounts,Isca,Taxation.