Pratik Raval
Manager, Employment Tax
Elgin,IL
Summary
Well-qualified Employment Tax leader offering demonstrated skill, and success in managing internal tax compliance processes, improving controls and strengthening systems for optimal performance. Proficient in all aspects of US employment tax compliance including tax equalization, deferred compensation taxation and Equity taxation. Gifted in building and leading solid teams to handle high-volume tax compliance work with consistency, accuracy and full compliance with regulatory requirements.
Overview
13
13
years of professional experience
3
3
years of post-secondary education
1
1
Certificate
Work History
Payroll Tax Manager
Constellation Energy
Chicago, IL
01.2020 - Current
- Responsible for quarterly and annual federal, state and local tax and wage reporting (including amendments) to ensure accurate filing of returns and payments for all tax agencies.
- Responsible to coordinates all aspects related to payroll taxes, which includes partnering with the internal tax department, outside tax consulting services to address complex payroll tax issues.
- Maintains current knowledge regarding payroll taxes and regulations related to the system technology and relevant Federal, State, and Local government regulations; regularly communicates regulation changes to the leadership.
- Responsible to manage agencies tax notices’ resolution process.
- Partnered with the accounting department to assist in payroll tax related accounts’ reconciliation and follow all controls to accurately maintain these reconciliations
- Assisted in managing audits of federal and state tax and state and local filings.
- Collaborated with internal partners and external vendors on system and interface solutions to support payroll tax compliance.
- Responsible for the timely and accurate reporting of wages and payments of tax for international payrolls and US seconded employees.
- Researched and analyzed tax developments and applications to specific business situations.
- Applied knowledge of regulations, employment law and tax code to keep operations in compliance with applicable standards.
Principal, Employment Tax
Exelon
Chicago, IL
04.2014 - 01.2021
- Responsible for quarterly federal, and state wage reporting (including amendments) to ensure accurate filing of returns and payments.
- Manage employee workflow to ensure timely and accurate responses to employee inquiries.
- Responsible for initiating and creating all amended returns with outsourced tax provider.
- Responsible for corrective actions necessary to ensure accurate employee withholding.
- Maintained all payroll tax procedures for Company.
- Worked and coordinated with team to achieve day to day tasks.ormed other job-related duties as assigned or
Sr Analyst, Employment Tax
Career Education Corporation
Schaumburg, IL
03.2009 - 05.2013
- Responsible for quarterly federal, and state wage reporting (including amendments) to ensure accurate filing of returns and payments.
- Manage employee workflow to ensure timely and accurate responses to employee inquiries.
- Responsible for initiating and creating all amended returns with the outsourced tax provider.
- Responsible for corrective actions necessary to ensure accurate employee withholding.
- Maintained all payroll tax procedures for the Company.
- Worked and coordinated with the team to achieve day to day tasks.
- Performed other job-related duties as assigned or apparent.
Education
Master of Arts - Accountancy
Gujarat University
India 01.1998 - 12.2000
Skills
Data review
Compliance understanding
Proficient in Oracle, PeopleSoft, ADP
Tax law understanding
Data Modeling
Excel
US Multi States Taxation
International Payroll Tax
Certification
CPA - Certified Public Accountant
Timeline
Payroll Tax Manager
Constellation Energy
01.2020 - Current
Principal, Employment Tax
Exelon
04.2014 - 01.2021
Sr Analyst, Employment Tax
Career Education Corporation
03.2009 - 05.2013
Master of Arts - Accountancy
Gujarat University
01.1998 - 12.2000