VED PRAKASH
Cayman Islands
Summary
Tax Manager with 13+ years of experience in U.S. taxation and the Asset Wealth Management/Financial Services Industry, specializing in Private Equity and hedge funds. Proven expertise in partnership taxation (PE), compliance, and client advisory. Recognized for leadership, process innovation, and client relationship management with onsite experience in New York and a strong track record of delivering value in global teams.
Overview
2026
2026
years of professional experience
Work History
Tax Manager II
PRICEWATERHOUSECOOPERS
2022 - Current
- Plan engagements for entity restructuring and assess tax risks for new clients.
- Communicate with clients regarding tax compliance and filing requirements.
- Maintain trackers for deliverables and filing deadlines..
- Stay updated on IRS regulations and advise the team on relevant changes.
- Review tax filings, LPAs, and support partners with new scopes of work.
- Collaborate with client admin teams to gather data and enhance process efficiency.
- Oversee tax compliance for complex investment structures, including partnerships and tiered entities.
- Coordinate with cross-functional teams (IAC, Assurance, fund accounting) to ensure accurate tax reporting and alignment with investor expectations.
Assistant Manager
DELOITTE & TOUCHE LTD.
2019 - 2022
- Well-versed in U.S. federal and state partnership tax compliance (Form 1065) within the Asset & Wealth Management and Financial Services industries.
- Review complex partnership allocations, including re-allocations and special allocations.
- Perform detailed calculations for PFIC, dividend income, and UBTI using advanced tax tools to optimize client tax positions.
- Proficient in GoSystem, K-1 Generator, iPACS, iFP, Allocates All, and 1042-S/1099 Pro.
- Engage directly with clients to address tax consulting queries and compliance matters.
- Lead annual tax planning discussions to align strategies with client goals.
- Analyze tax reforms and advise clients on potential impacts and planning opportunities.
- Draft engagement letters and manage planning for new client workstreams.
- Develop and test new workpapers and processes to improve tax workflow efficiency.
- Coordinate with audit teams to ensure alignment and completeness of compliance deliverables.
Tax Senior, Tax Consultant II, Tax Consultant I
DELOITTE TAX SERVICES INDIA PVT. LTD
2012 - 2019
- Manage federal and state compliance for partnership (1065) and S-Corp tax returns across investment structures.
- Review complex partnership allocations, including aggregate and special allocations.
- Calculate Wash Sales, UBTI, and dividend income to optimize client tax outcomes.
- Analyze audited financials and client workpapers to support accurate tax reporting.
- Conduct quality reviews of returns and forms (8865, 8621, 8082, 5471, 1042/1042-S).
- Prepare income projections and tax estimates based on client financial data.
- Lead client communications, virtual meetings, and annual tax planning discussions.
- Mentor new hires on tax tools and technical topics; coordinate and deliver training sessions.
- Develop process improvements and custom workpapers to enhance team efficiency.
- Expert in XML review and e-filing of federal and state returns.
- Utilize tax software including Go-System, K-1 Generator, iPACS, iFP, Allocates All.
- Use research platforms like Bloomberg and TaxShare for technical analysis.
- Manage billing, budgeting, and engagement planning for multiple clients.
- Serve as a key liaison with audit teams to ensure smooth compliance coordination.
- Held leadership roles in Deloitte’s Delhi office, including managing operations and training programs.
Education
PGDBM - Finance
New Delhi Institution of Management
01-2011
MBA - Finance
Punjab Technical University
01-2011
BBA - Finance
Guru Jambheshwar University
01-2009
High School -
Kendriya Vidyalaya
01-2005
Skills
- Innovative Team Player with strong leadership, analytical thinking, and excellent communication skills
- Project Management: Proven ability to manage multiple engagements, prioritize tasks, and train team members effectively
- Tax Expertise: Specialized in US Partnership Taxation within the Private Equity and Fund of Funds sectors (PE & HF)
- Technical Proficiency:
Tax Software: Experienced with GoSystem, TRACK and 1042-S/1099 Pro - Process Improvement: Skilled in developing tools and workflows to enhance tax process efficiency and accuracy
- Mentorship & Training: Actively mentor new hires and lead technical training sessions across teams
Accomplishments
- Created and presented a new process for time efficiency in preparing returns for Hedge Fund team in our Annual Brainstorming challenge.
- Received Best In Class Award (highest award in Deloitte US/USI) for serving clients with distinction.
- Initiated Delhi Tax practice for Hedge Funds in Nov, 2012.
- Three US rotations for 1 year in total (New York Office).
- Received multiple awards for outstanding performance throughout my carrier in Deloitte and PwC.
Timeline
Tax Manager II
PRICEWATERHOUSECOOPERS
2022 - Current
Assistant Manager
DELOITTE & TOUCHE LTD.
2019 - 2022
Tax Senior, Tax Consultant II, Tax Consultant I
DELOITTE TAX SERVICES INDIA PVT. LTD
2012 - 2019
PGDBM - Finance
New Delhi Institution of Management
MBA - Finance
Punjab Technical University
BBA - Finance
Guru Jambheshwar University
High School -
Kendriya Vidyalaya
PERSONAL PARTICULARS
- Date of Birth : 30th Nov 1986.
- Marital Status : Married
- Nationality : Indian
Disclaimer
I hereby declare that the above-mentioned information is correct to my knowledge and I bear the responsibility for the correctness of the above-mentioned particulars.
(Ved Prakash)