Swetha Salomi Murala
Ernst & Young US LLP
Houston,Texas
1
Certification
19
years of professional experience
Experienced with tax compliance and strategic planning, ensuring adherence to regulations. Utilizes expertise in tax law and financial analysis to optimize tax processes. Track record of effective team collaboration and problem-solving, ensuring accurate and timely filings.
Work History
Tax Manager
1 Year 2 Months- Review of Federal Real Estate Partnership returns (Form 1065) and Corporate Income Tax Returns (Form 1120) and State Returns.
- Supervising and reviewing the work of associates as well as providing necessary guidance and training related to preparation of federal, state and local tax returns, foreign and domestic withholdings, extensions, quarterly estimates, providing tax advice, and correspondence with tax agencies.
- Ensure that the work assigned is executed in accordance with the firm’s methodologies and guidance, and professional standards.
2 Years 2 Months
- Review of Federal US Tax forms 1120 – Corporation Income Tax Return, 1065 – Return of Partnership Income and State returns.
- Supervising and reviewing the work of associates as well as provide necessary guidance and training related to preparation of federal, state and local tax returns.
- Ensure that the areas of work assigned are executed in accordance with the firm’s methodologies and guidance, and professional standards.
- Manage multiple client engagements and work with senior managers/directors in developing and monitoring engagement budgets, work plans, resource allocations, and timelines for deliverables and engagement billing activities.
1 Year 1 Month
- Review of Federal Real Estate Partnership returns (Form 1065)
- Supervising and reviewing the work of associates as well as provide necessary guidance and training related to preparation of federal, state and local tax returns, foreign and domestic withholdings, extensions, quarterly estimates, providing tax advice, and correspondence with tax agencies.
- Ensure that the areas of work assigned are executed in accordance with the firm’s methodologies and guidance, and professional standards.
- Manage multiple client engagements and work with senior managers/directors in developing and monitoring engagement budgets, work plans, resource allocations, and timelines for deliverables and engagement billing activities.
Tax Senior Associate
6 Years 4 Months- Compliance and consulting on U.S. federal, state and foreign tax issues for large and mid-size corporations and partnerships.
- Providing tax consulting services to the corporations, partnership clients and private equity clients. Which mainly includes helping the clients determine inside and outside tax basis, help them preparing the tax basis balance sheet and IRS section 704(b) & (c) related issues.
- Handling technical projects related to ASC740 - Income tax provision and coordinating with audit teams to carry out the projects.
- Supervising and reviewing the work of associates as well as provide necessary guidance and training related to preparation of federal, state and local tax returns, foreign and domestic withholdings, extensions, quarterly estimates, providing tax advice, and correspondence with tax agencies.
- Review of Federal and multi-states income tax returns for corporations (Form 1120), partnerships (Form 1065).
- Manage multiple client engagements and work with managers/directors in developing and monitoring engagement budgets, work plans, resource allocations, and timelines for deliverables and engagement billing activities.
- Responsible for supervising the staff on the engagement and training them on the PwC’s proprietary tools.
- Ensure that the areas of work assigned are executed in accordance with the firm’s methodologies and guidance, and professional standards.
- Selected as a Digital Accelerator, as part of one-year digital tour worked with Business team in developing one of the PwC tools.
3 Years 8 Months
- Compliance and consulting on U.S. federal, state and foreign tax issues for large and mid-size multinational corporations based in Power Generation and Oil & Gas Industry.
- Responsible for reviewing 1120 corporation federal returns and related state and city tax returns and international forms like 5471, 5472 and 8858 several large and mid-size corporations.
- Responsible for reviewing 1065 partnership federal return and related state and city tax return along with international returns like 8804 and 8805.
- Manage and train staff; undertake day-to-day planning and management for return preparation, financial reporting, client technical tax support and preparation of workpapers.
- In-charge of coordinating e-filings for 1120, 1065 and all related returns. Responsible for organizing and maintaining a database of all returns to be e-filed, assign e-file obligations to staff, supervise their work and clear all challenging e-file errors.
- Responsible for sending Information requests to Client and make sure to receive all the information requested.
- Responsible for uploading the information into Software and to get team started working on it.
- Train and educate new recruits on basics of U.S. Taxation, return preparation (federal, state and international returns) and software such as Gosystems, Corptax, Microsoft Office Suite.
- Worked from Deloitte US office from March 7, 2015 to August 22, 2015 as part of US rotation and client visit.
Tax Analyst
4 Years 1 Month- Prepared 1120 corporation federal return and related state and city returns along with international forms like 5471 and 5472 along with preparing book to tax and state apportionment work papers.
- Prepared 1065 partnership federal returns with and related state and city returns with K-1’s along with international returns like 5471, 8804 and 8805. Also prepared book to tax and state apportionment work papers along with K-1 schedules detailing the book to tax movement and reportable amount for partners for federal and state purposes.
- Prepared Special Allocation schedules for partners of partnerships.
- Analyze data and review partnership agreement to determine partner’s income allocation and other reporting requirement for tax compliance.
- Analyze and compile work papers to identify permanent and temporary book to tax adjustment on tax returns.
Education
Post Graduate Diploma - Financial Management
Master’s in Commerce
Bachelor’s in commerce
Higher Secondary
Senior Secondary
Skills
Strong tax accounting skills in U.S. tax compliance (Corporate Tax and Partnership Tax compliance)
state and international tax returns.
Proficient in preparation and review of ASC 740 tax provision calculation.
Proficient in tax software such as Gosystem
Onesource Income Tax
Sage Fixed Assets Software
CorpTax
TRACK and Partner Forms (K-1 and K-3 suites).
Proficient in tax technical research resources such as Bloomberg BNA
Wolters-Kluwer CCH
LexisNexis.
Proficient in managing multiple client engagements and engagement economics.
Strong interpersonal and team building skills. Proficient in training staff and new hires in tax technical and software skills.
Strong communication skills
both written and verbal.
Certification
- IRS Enrollment Agent
- Worked on Onesource, Corptax, Gosystems, CCH, LexisNexis, BNA software’s
- Microsoft Office Excel, Word and Adobe
Timeline
Tax Manager
Ernst & Young US LLP
05.2025 - CurrentRead More
PwC US Tax LLP
03.2023 - 05.2025Read More
Ernst & Young US LLP
02.2022 - 03.2023Read More
Tax Senior Associate
PricewaterhouseCoopers LLP
10.2015 - 02.2022Read More
Deloitte Tax Services India Pvt. Ltd.
02.2012 - 10.2015Read More
Tax Analyst
Deloitte Tax Services India Pvt. Ltd
01.2008 - 02.2012Read More
SSC Board, Andhra Pradesh
Senior Secondary
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Board of Intermediate, Andhra Pradesh
Higher Secondary
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Wesley Degree College for Women, affiliated to Osmania University
Bachelor’s in commerce
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University College of Commerce and Business Management, Osmania University Campus
Master’s in Commerce
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Indira Gandhi National Open University
Post Graduate Diploma from Financial Management
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Awards and Recognitions
Received Ovation award for above and beyond performance, Received three “Applause Award” for exceptional performance, Received several Real-time recognition awards for quality of work