Raj Fidelis

Raj Fidelis chartered accountant / accounting manager | financial controller Ahmedabad, India - (- https://in.linkedin.com/in/raj-fidelis- A Chartered Certified Accounting professional with international experience. Strong record of providing innovative solutions for a range of businesses and organisations through expert preparation and examination of financial records to identify areas of opportunity and risks. Applies deep knowledge of finance and accounting principles to ensure accurate financial records and proper tax payment in compliance with relevant regulations and guidelines. Experienced in direct taxation, statutory auditing and internal objective-based auditing with a particular focus on fraud detection. Analytical, self-organised and committed to learning to promote highest standards and company values. Committed keen learner with an ability to handle accounting duties effectively and is willing to learn the UK tax/audit principles and approaches to deliver strategies that enhance audit officials’ competency in a managerial role. Excels in team collaboration, relationship building, communication and development of well written documents that effectively convey financial information in easy-to-understand formats. Now seeking to leverage skills and experience within a progressive company to add value in financial control and accounting. areas of expertise Accounting Lifecycle Management ▪ Bookkeeping ▪ Reconciliation ▪ Financial Data Analysis ▪ Project Management ▪ Litigation ▪ Financial Control & Review ▪ Team Building & Leadership ▪ Statutory and Internal Auditing ▪ Direct Taxation ▪ Income Tax Returns▪ Client Engagement ▪ Accounting ▪ Bookkeeping ▪ Sound Knowledge of GAAP & IFRS software skills QuickBooks Online ▪ QuickBooks Desktop Version ▪ Xero Certified ▪ Tally ERP 9 ▪ NetSuite ▪ Bill.com ▪Dext ▪ Gusto ▪ Syft Analytix CAREER HIGHLIGHTS Proprietor/Manager ▪ Fidelis & Associates Chartered Accountants ▪ Ahmedabad, IndiaDec ‘20 – present Maintains accurate financial data through performance review of other team members, while supporting the preparation of book closing entries (daily / monthly) in accounting and financial systems. Participating in the intercompany process and coordinating with other regions’ Finance Expense teams and Tax teams to ensure performance is within their respective intercompany closes and maintaining their respective algorithms. Performing reconciliation between Accounting system and Financial ledger to substantiate balances and breaks solving. Implementing best practice for Service Level agreements (SLA) and initiating the update to Counter SLAs in liaison with Tax team. Influencing insightful decision making by management by providing complete and accurate data in a timeous manner. Promptly responding to information requests by auditors and regulators and escalating issues to management. Producing well-tailored and accurate management reports including Cash PL, Cash Flow statement, and Vendor level reports. Identifying operational gaps and recommending process improvements in production, control procedures, and workflow organization to increase the team s efficiency and effectiveness. Facilitating new reporting requirements through active participation in upgrades/version releases of respective reporting tools and system amendments, as well as assisting in user acceptance testing and troubleshooting after deployment. Implementing document operational process improvements in production, control procedures, and workflow organization to support teams efficiency and effectiveness initiatives. Providing cross training to colleagues and perform specific duties as assigned. Managing the entire accounting cycle from recording of transactions, invoices, accounts receivables, payables, journal entries, closing entries, to preparation of profit and loss statements and balance sheet Demonstrates understanding of International Taxation, Indirect Taxes – VAT and passing of appropriate accounting entries for accurate compliance of Indirect Taxes. Accounting Manager ▪ Perpetual CPA, USA Based FirmMay ’21 – Oct ’21 Applied US accounting software knowledge (including QuickBooks Online, Xero, Click Up, Bill.com, Zoho vaults, G Drive, Dropbox, and Syft Analytix) and accounting domain knowledge to deal with clients and deliver effective solutions. Leveraged strong communication skills to understand client needs and offer solutions. Delivered accounting lessons to US and Canadian students. Supported the preparation of book closing entries (daily / monthly) in accounting and financial systems for accruals, prepayments, intercompany, rent deferrals, asset capitalization/retrials or write off as necessary. Provided expert resolution to client queries and enhanced firm brand image. Participated in the intercompany process. Assistant Manager ▪ Sara & Associates Chartered Accountants ▪ Mumbai, India Sep ’17 – Nov ’20 Gained valuable experience and performed a range of duties in direct taxation, statutory and internal auditing, and accounting. Filed income tax returns, conducted tax audits, and conducted day to day accounting duties for multiple clients. Filed income tax returns for individual assesses, income tax returns under section 44AD for business returns and income tax returns for corporate entity including calculation of book profit u/s 115JB. Conducted Tax Audit u/s 44AB and calculated allowable remuneration to partners u/s 40b for filing of income tax returns for partnership firms. Performed bookkeeping responsibilities and routine day to day accounting as well specialized accounting for trusts and non-profit organization. Handled assessments u/s 143(3), drafted submission to be made for replying to notices u/s 142(1), and handled reopening of assessments u/s 147. Worked in liaison with income tax departmental authorities to reach an amicable conclusion towards pending assessments. Filed rectification application u/s 154. Applied strong communication and interpersonal skills to manage proceedings under the Income Tax Act. Specialised in block assessments – assessments carried out under section 153A/C wherein assessment of 7 years is undertaken in a single block because of search and seizure u/s 132. Filed retraction affidavit in order to handle a search and seizure assessment. Completed entire assessment proceedings right from start to end and consequently get favourable orders for clients. Conducted objective based Internal Auditing and Statutory Auditing as per Auditing Standards and in compliance with Companies Act 2013. Managed budget preparation, fraud detection, and ensured adherence to budgets if any variations are found. Performed regular day to day accounting tasks of multiple clients, utilising a range of software such as Tally and QuickBooks Desktop Version. Completed tasks related to bookkeeping in a deadline driven environment. Gained experience in application of GAAP. Day to day journal entry, banking entry, contra entries, booking expenses, bifurcation of prepaid and post-paid expenses, and submission of MIS reports. Conducted Due diligence data processing. Proprietor/Manager ▪ Fidelis & Associates Chartered Accountants ▪ Ahmedabad, IndiaSep ’14 – Sep ’17 Performed objective based auditing with a specific focus on fraud detection and developed experience in extensive voucher checking. Also filed income tax returns, business returns and house property income tax returns. Generated evidence-based reports for management to comply with objective of internal audit. Developed Private Limited Company and Statutory Audit under the Companies Act 2013 - demonstrated knowledge of compliance of Auditing and Converged Ind As. Wrote accounts of numerous businesses in compliance with Indian GAAP. Ensured compliance with Taxation Laws for Trust and fund accounting under the Bombay Public Trust Act and Gujarat Public Trust Act. Filed ROC returns for private limited companies. Deepened knowledge of depreciation calculation under the Companies Act 2013. Filed Income Tax returns for Individual- Salary Returns, 44AD returns, Business returns, IFOS returns and Capital Gains returns and House Property Income Tax return, including filing of form 10E, and claiming of relief under sec 89(1). Managing the creation of HUF and taking slab advantage by formation of the same. Filed Income Tax returns for Partnership Firms including 44AD returns, calculation of allowable remuneration to partners, calculation of depreciation as per Income Tax Act 1961, as well as innumerable tax audits, audit under section 44AB, filing of loss return etc. Filed income tax returns for corporate entities including calculation of book profit under sec 115JB. Demonstrated knowledge of set off and carry forward of loss along with MAT applicability and MAT credit. Filed of returns for charitable trusts including preparing audit report under form 10B, and accumulation of funds to be later used under section 11. Experienced in filing the TDS return- Form 26Q. In-depth knowledge of capital gain exemptions - Sec 54- 54F Developed a strong network in order to provide a one stop solution to client to claim deductions under section 80C, 80G, 80E, 80GGB ,80GGC and section 54EC deductions. Articled Assistant ▪ Vibhaka J Trivedi & Co. ▪ City, CountryAug ’10 – Aug ’13 Conducted internal and Statutory Audit of Religious Trust & Statutory Audit of Companies engaged in Manufacturing of Plants & Equipment. Handled Tax Audit of various corporate and non-corporate clients like Individual, HUF, Partnership firm and Private sector companies. Managed support and advisory responsibilities including Fixed Assets Verification for Insurance Companies and Banks. Performed day to Day Bookkeeping, as well as applying principles of accounting for recording transactions of multiple Clients. In charge of verification of records and stock Audit. EDUCATION & PROFESSIONAL DEVELOPMENT M.Com ▪ Gujarat University ▪ Gujarat, India2016 B.Com ▪ Gujarat University ▪ Gujarat, India2011 Diploma in IFRS ▪ ACCA ▪ UK 2021 Chartered Accountant ▪ The Institute of Chartered Accountants ▪ India2014