Ankit Jain Licensed Us Cpa, Ca(Icai)

ANKIT JAIN CPA (US), Chartered Accountant (ICAI), B.Com EH 65A, Sch No. 54, Vijay Nagar, Indore (MP), Mobile: -; E-mail:-ACADEMICS Degree/Exam Board/University Year Grade US - CPA Chartered Accountant B.Com Senior Secondary Secondary NASBA – Montana (Active License) The Institute of Chartered Accountants of India DAVV University, Indore CBSE Board, Mandsaur MP Board, Mandsaur Jan 2022 May- 56% 56% 63% 73% PROFESSIONAL EXPERIENCE ✓ ANJ TAX ACCOUNT PRO LLC (DELAWARE) Apr 2019 till date Key Learning: • Performing Monthly Accounting, Financial Planning & Tax Preparation & managing their finances in QB /Xero. • Well Versed With Quickbooks Online, QB Pro Versions, XERO & its Functionalities • Guiding & Advising on Tax Saving tools to minimize the taxes. • Preparing & Filing Form W-2/940/941 & 1099 – Misc. • Preparing & filing Individual, LLC, C Corp & S-Corp Annual Tax Returns • Well Versed in Tax Preparation Software viz taxact, turbotax, freetaxusa.com etc. (Owned mytaxprepoffice software) & EFIN is in Process. ✓ FREELANCER Nov 2012 till July 2019 Key Learning: • Exposure with USA Corporate & Payroll Taxation & Accounting • Well Versed With Quickbooks Online, QB Pro Versions, XERO & its Functionalities • Good Knowledge in US Payroll Taxation & Their Tax Rates viz. Social Security, Medicare, IRS Federal taxes & Filing Quarterly / Annually Form 941 & 940. • Knowledge in US Personal Income Tax Rates & Corporation Tax Rates. • Preparing & Filing Quarterly Returns for Employees, Employers & Independent Contractors (For US persons) • Preparing & filing LLC & S-Corp Annual Tax Returns (With USA & its states) • Managing Financial Statements & Books of Accounts of Clients in Quickbooks & Advising them on Budgeting & Tax Planning. ✓ SATEC ENVIR ENGINEERING (I) PVT. LTD. – Finance Manager Feb 2015 – Sept 2016 Key Learning: • Managing Books of Accounts for 7 Group Companies (Majorly Bank Reconciliation & Inter group balances). • Handling Taxation Dept. for Working on notices issued by IT Dept & preparation of necessary documents for submission & hearing • Working on Project Funding & Liaisioning with the MP Govt. (MPLUN) in Indore Divison • Reconciliation on Accounts provided by MPLUN with Company Records & with WIP Contract Running. • Overviewing the Internal System & discussing the inherent & emerging issues on monthly basis, so to develop new ideas for betterment. • Further Managing Day to day tasks & responsibilities. ✓ SHREE HANUMAN TEXFAB PVT LTD – Accounts Manager Aug 2013 – Feb 2015. Key Learning: • Managing Books of Accounts for 3 Group Company & 2 Individuals. • Preparing Monthly Stock Statement for Bank Submission necessary to avail & maintain CC / OD Limits • Monitoring the recommendations followed in the system based on previous internal audit reports. • • • • • Preparation of QIS Report for Complying to Bank Norms. Responsible for Monthly TDS Compliances viz. Deduction & Deposits & Submission of Quarterly Returns. Preparing MIS Reports & Monthly Profitability Reports Mill Wise, & Stock Wise, & Reporting to Top Management on Diversions & Discrepancies together with Areas of Cost Minimization. Supervising Stock Purchases, Sales & Conversion process in Tally, for Inventory items Done Finalization & Compilation of Financial Statements of Group Companies & Coordinating with Auditors for Preparation of tax Returns, & Submission to Registrar of Companies (ROC) ✓ B. N. KEDIA & CO. – Accounts Executive Aug 2011 - Jan 2012. Key Learning: • Preparation & Finalising Individual`s & Company`s Financial Statements. • Reconciliation of Interparty Transactions & Balances. • TDS Reconciliation with Form 26AS • Internal Audit of NTC Showrooms (Mumbai Circles) for two quarters ✓ Chartered Accountancy Articleship Program in : D K SURANA & ASSOCIATES, MUMBAI ARORA, BANTHIA & TULSIAN & CO., INDORE R JAIN & CO., RATLAM Sept 2008 – Apr 2009 May 2009 – July 2010 Aug 2010 – Aug 2011 Articleship included handling statutory audit, Internal and Management Audit, Bank Audit, filling of Income Tax return of corporate and individuals etc. Key Learning: ▪ Provided an insight into the inter-relationship of various functional areas of Accounting in different businesses. ▪ Compliance of various Accounting Standard’s, Auditing and Assurance Standard, Company Act and Income Tax Act ▪ Preparation of Internal Audit Reports, Finalising The Accounts, Preparation of Income tax returns of Individuals ▪ Checking of Excise Return, Contract work orders, Insurance Cover Notes, Reconciling Physical stock with actual. ▪ Tax audit under Income Tax Law of Corporate entities, Partnership firms as well as Individuals ▪ Internal Audits Mainly Performed for : : MCNALLY SAYAJI ENGINEERING LTD. (ASANSOL, WEST BENGAL) – EPC : BIORE INDIA LTD. (MAHESHWAR, MP) : ARIHANT CAPITAL MARKETS LTD. (INDORE, MP) : NATIONAL TEXTILE CORPORATION (MUMBAI, MH) : ALL SERVICES UNDER 1 ROOF (MUMBAI, MH): COMPUTER PROFICIENCY ▪ ▪ ▪ Working Knowledge of MS Office, Various Cloud Apps. Completed 250 hours of computer training as part of Chartered Accountancy curriculum IT in corporate environment ACCOMPLISHMENT ▪ ▪ Topper in Accountancy in PE – II in Nov 2007 by obtaining 86 %. Won Chess Championship Competition at School level for 2 Consecutive years. PERSONAL DETAILS ▪ ▪ ▪ ▪ ▪ Name Date of Birth Language Known Marital Status Father’s name : : : : : Ankit Jain Nov 23th, 1987 Hindi, English Married Sushil Kumar Gupta ▪ Interests : Gaining Knowledge on on Global Taxation, Travelling New Places.