Accounting Accountant

Madhuri Suresh Rajani

Chartered Accountant

**, ** ********** *****, *********** L5R 4E7, Canada

437-***-**** *******.****@*****.***

LinkedIn Profile URL: https://in.linkedin.com/in/madhuri-rajani-a5521a2b

SUMMARY

Dynamic and versatile Chartered Accountant has experience of working with International consulting firms offering over Ten years of experience in Commodity tax.

Progressive experience in managing, streamlining and implementing effective controls related to Commodity taxation. In-depth understanding of Commodity tax and the ability to identify and plug discrepancies / deficiencies in internal control.

Strong analytical, problem solving and organizational skills, along with communication abilities gained from extensive interaction with teams/clients in the management of accounting and auditing activities

WORK EXPERIENCE

Grant Thornton LLP-Toronto January 2019 to April 2020

Senior Analyst – Commodity tax

Performing research and preparing correspondence in respect of GST/HST and PST issues including reorganizations, mergers, acquisitions and other tax planning opportunities.

Involved in filing of GST/HST and PST tax returns for various clients including SLFI returns for financial institutions and pension plan returns.

Researching tax legislation and writing memos. Making recommendations and provide solutions to clients.

Actively engaging in strategy development by analyzing client tax issues, relevant tax law, provisions, and jurisprudence.

Research and advisory on US Sales and use tax.

Liaising with clients and tax authorities for audits, assessments, appeals, and disclosures and conducting research on related tax issues, legislative matters or administrative positions.

Reviewing election requirements and assisting with the preparation of elections and voluntary disclosure returns.

Assisting with the overall development of the Grant Thornton brand through internal and external activities and knowledge of industry.

KPMG LLP- Toronto May 2018 to January 2019

Senior Consultant / Tax Specialist – Commodity tax

Commodity tax Compliance and Advisory.

Preparation and filing of various GST/HST and PST returns for various clients.

Advisory on various GST/HST and PST issues.

Drafting correspondences and responds to inquiries from CRA for various compliance issues.

RSM International, India (Member firm Suresh Surana & Associates) December 2010 to December 2017

Manager – Commodity tax

Assist in clarifying issues on GST implementation, incidence of Commodity tax, and fiscal optimization from the client.

Analyze business models and identify the implications from a Commodity tax perspective.

Excellent in drafting memos and opinions for the clients in respect of specific business operations.

Developed Compliance and Audit Standard Operating Procedures - SOPs and implemented the same.

Conduct in-depth review / internal audit of Commodity tax compliance (GST and VAT).

Conducting statutory commodity tax audit and account reconciliations every year.

Excellent in preparing Internal Audit Reports and presentation and providing accounting journal entries to be recorded in the accounting software.

Auditing and testing the accounting software to ensure the correct recording of commodity taxes.

Reviews of GST and VAT compliance of large corporate by using taxation and accounting software.

Leading a team of fifteen people and participated in team budgeting and team evaluation.

Represented the clients before tax authorities for tax assessments and have sound knowledge of drafting the appeals. Liaised with lawyers to ensure the legal requirements of the client contracts are met.

Advise clients on classification, valuation, applicability of taxes on transactions, admissibility of tax benefits / exemptions as per the applicable tax policies.

Deliver training sessions for staff on commodity tax, financial accounting and reporting processes and have also prepared and conducted tax seminars for the client.

K. Manek & Co - India (Chartered Accountants) December 2006 to August 2010

Accountant (Internship)

Preparing quarterly and annual financial statements in accordance with GAAP and IFRS.

Performing full cycle month end close process including preparing journal entries, accruals, and account reconciliations and processing periodic government tax payments.

Liaison with all tax authorities with respect to audit, assessments, and inquiries.

Accounting for all income tax and finalizing the same with account and finance team. Discussing the impact of any changes with the director.

Preparation of quarterly tax provision calculation and note disclosure in financial statements.

Evaluating financial information, business process and ensuring accuracy with accounts payables and receivables, payroll and inventory and discussing the same with accounts and finance team.

Maintaining a record of assets, liabilities, profit and loss, tax liabilities, etc.

Forecasting future revenue and expenses and preparing budget by analyzing trends, costs, revenues, financial commitments and obligations.

Working in compliance with accounting standards and procedures to assure uniform accounting practices.

Preparing and processing quarterly sales tax reports; establishing tables of accounts, and accurately assigning entries as appropriate from the tax information received from the client.

EDUCATION

CPA Canada Finalist

US Sales Tax Certification – June 2020

IFRS Certification from ACCA, Jan 2018

Chartered Accountant – Institute of Chartered Accountants of India, 2011

Master of Commerce – Mumbai University, 2011

Bachelor of Commerce – Mumbai University, 2009

SKILL SET

Taxation Advisory

Due Diligence, Data Analysis and Compliance

Audit and Assessments

Advanced Microsoft office – Excel, word, PowerPoint

Experience of various accounting and finance software like QuickBooks, SAP, ERP, Oracle and so on.

MEMBERSHIPS

Qualified Member of Institute of Chartered Accountants of India

AVAILABILITY

Immediately

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