CHETAN KHAMBHAYTA

E/ 612, Kamla Nagar, M.G.Road, Kandivli (West), Mumbai 400 067

Contact: +91 98205 74633; E-Mail: [email protected]

SENIOR ACCOUNTS/AUDIT & TAXATION PROFESSIONAL

Seeking challenging assignments across the industry

PROFILE

 A competent and result oriented professional offering 18 years of experience across handling of Accounts,
Finance, Auditing and Taxation of the companies and individuals; currently working with Pricewaterhouse
Coopers Pvt Ltd (PwC) as Assistant Manager.
 Possess expertise across Financial Management, Auditing, Fund Management, Cost Control and
Liaison/Coordination; expertise in formulating and implementing financial Policies/Procedures, Taxation,
Conducting/facilitating Audits and implementing statutory provisions with the ability to relate theory with
practice.
 Experienced in preparing books of accounts, bank reconciliation, inventory statements, and finalizations &
auditing of accounts; adept at preparing Tax based reports e.g. VAT, TDS, Service Tax, GST and filing relevant
returns, E.P.F.
 Excellent Relationship Management skills, with the ability to conceive profitable and efficient solutions utilizing
technology. Industrious professional, thrive on a challenge while working effectively with all levels of
management and the people therein.
Core Competencies:
Accounting & Financial Operations  Taxation Matters  Audit & Inspection  Statutory Compliances  Balance sheet
Compilation  Filing Returns  Account Payable / Receivables  Liaison/Coordination

PROFESSSIONAL EXPERIENCE

PRICEWATERHOUSE COOPERS PVT.LTD Nov 2009 - present

Assistant Manager (Foreign Portfolio Investor –FPI) From January 2022 onwards

 Computing tax liabilities for FPI on Long Term and Short Term Tax computation on daily basis
 Coordination with Custodian for Tax payment
 Calculation for Unrealised gain for funds on daily/ weekly/ monthly basis
 Monthly NSDL Reconciliation for FPI
 Year-end activity for FPI (Reconciliation of gain/loss as per Return of Income vis-à-vis computation of gain

Global Mobility Services (till December 2021)

 Handling Personnel Taxation matter for ex-pats, Filing of income tax return and Preparation of TDS payment
summary.
 Assisting & managing various areas of filling returns, Finalization of Accounts.
 Handling preparation of Financial Statements & tax planning for the clients;
 Preparing replies for direct taxation notices and various project reports to facilitate finance, on behalf of clients.
 Involved in computation, e-filing of Income Tax, and GST returns of individuals, firms.
 Visiting to tax offices for tax assessments
 Internal billing MIS
 Achievement: Four times team award winners and Two times ABCD award (Above and Beyond Carrier Award)
winner.
 Overall in charge of online tax filing portal launch by PwC for Individual tax filing (www.pwctaxaid.com)
GLOBAL INDUSTRIES OFFSHORE LLC Dec 2005-Oct 2009
Executive Taxation/Accounting

 Key Projects during service period

 ONGC PRP
 MHSRP
 SCI
 BG NRPOD

 Key Roles and Responsibility

 Managed day to day Accounting work while implementing measures to initiate and control finance, projecting
towards organizational goals to maximize profitability
 Verifying invoices and determination of tds applicability as well as tax rate applicable
 Preparation of monthly MIS and project status report on quarterly basis
 Expatriate taxation, claim short stay exemption for an expats who work for less than 90 days
 Calculation of services tax on reverse charge method and maintenance of Input tax credit register
 Representation before service tax officer during EA 2000 Audit
 File an income tax return for an expats as representative assesses
 Preparation of tax budget
 Applicability of section 44AD
 File an application with The Dehradun tax office for lower withholding tax order

 Other Functions
 Spearheaded complete audit planning and management activities and ensured completion of audits within the
agreed time and cost; compiled and consolidated audit reports with key findings & observation and presented it
to the senior management
 Supervised timely filing of Annual Tax returns including Income Tax, TDS, E filing of Returns and ensure strict
adherence to compliance with taxation rules and regulations while scrutinizing income tax details
 Skilled in preparing tax plans and ensuring timely filing of direct/ indirect tax returns in compliance with the
respective Acts
 Handled Registration of New Companies, TDS of all types, , Service Tax and
 Ensured Compliance of timely deposit of income tax liability and claim of input taxes and accounting
 Performed computation of the taxable profit and developing annual income tax return in consultation with the
statutory auditors
 Also handled of Profession tax assessments and obtaining profession tax registration and compliances.
 Handled Ex-pats Tax computation, maintained documentation and payment compliances.
 Overseen development of operating & capital budgets and conducted variance analysis to determine the
difference between projected & actual results and implementing corrective actions

AUGUST CONSULTING INDIA PVT.LTD Nov 2002-Dec 2005

Officer
 Meticulously managed diverse accounting functions including preparation of vouchers and error-free entries in
Tally, Daily Cash & Bank Book, Banking functions, Bank Reconciliation and follow-up with Debtors and Vendor
Billing
 Involved in preparation of bank reconciliation statements on periodical basis and assisting in finalization of the
accounts
 Prepared Cash Book, Ledger, Journal Register, Purchases & sales registers and any other subsidiary books &
statement required and independently finalizing Trading and Profit & Loss Account and Balance Sheet
 Implementing systems & procedures for the preparation & maintenance of statutory books of accounts,
reconciliation statements and financial statements including Receivables and Payables. Supervised taxation
operations for Sales Tax, VAT, Income Tax etc
 Performed the entire gamut of accounting functions encompassing varied MIS report preparation, accounting
control, liaising and tax assessment.

ERNST & YOUNG PVT.LTD Jun 2000-Oct 2002

As Executive
J.C KHOKHANI & CO CHARTERED ACCOUNTANTS Dec 1998-May 2000
As Accountant
THAKKAR & POPAT CHARTERED ACCOUNTANTS Aug 1994-Nov 1998
As Article Clerk/Trainee

EDUCATIONAL & PROFESSIONAL CREDENTIALS

MBA Finance 2012
Sikkim Manipal University
B.Com, 1991
Mumbai University
Inter C.A (G 1) 1996
Institute of Chartered Accountants of India

Date of Birth: 17th September 1970

Language Proficiency: English, Hindi, Gujarati & Marathi
References: Available on Request