Zalak Thakkar
Summary
A highly skilled finance professional with over 6 years of diverse experience in the banking industry, U.S. accounting and tax services. Proven expertise in managing financial operations, analyzing complex data, and ensuring compliance with regulatory standards. A proactive team player with excellent communication skills, committed to providing exceptional client service and supporting business growth. Known for strong analytical skills, attention to detail, and the ability to deliver accurate financial reports under tight deadlines.
Overview
10
10
years of professional experience
Work History
US Tax Senior
Ernst & Young - Global Delivery Service
11.2022 - 08.2024
- Experience in US partnership tax or Corporate Taxation, state and local taxes, Federal Tax
- Preparation and review of tax returns pertaining to 1065 or 1120 including extensions, composite and withholding filings
- Handling a portfolio of GCR clients and a team of analysts
- Act as the first point of escalation relating to quality and service delivery
- Work with Global Engagement Managers and Coordinators to ensure engagements are managed effectively and efficiently
- Identify service delivery and process gaps which can be fixed to improve service delivery
- Manage service delivery expectations of engagement portfolio
- Develop engagement management knowledge of individuals working on portfolio
- Conduct training's on client and engagement management concepts to enhance team's knowledge
- Review engagement deliverables and coach staff members on best practices
- Contributing to a positive team environment by demonstrating consistent commitment and optimism towards work challenges.
US Tax Staff
Infinity Globus Accountants Pvt Ltd
11.2020 - 10.2022
- Led US Business Tax assignments of 150+ clients (Including high net-worth entities having worldwide presence) & Reviewing various US Business Tax returns forms – 1120, 1120-S, 1065 (C-Corporation, S-Corporation & Partnerships)
- Reviewing the US Corporate as well as Sales tax nexus prepared by the team members
- Filling out various 1099 forms such as 1099 NEC & 1099 MISC
- Guiding Clients in the company formation process in various states of the USA & drafting necessary documents for the same
- Assisted on special assignments such as combined corporate tax filing of California & New York States, the tax & account finalization of the client conducting the business of power generation and Crypto & Data mining; change in method of accounting; Research and development expense credits, filing out 1042 form etc
- Preparing Financial Statement, Bank & Credit Card Reconciliation, Accounts Payable & Receivables Reconciliation, and Payroll Reconciliations on monthly basis
- Monthly and Annual Bookkeeping on Quick Books online/Desktop, Xero etc.
Deputy Manager
ICICI Bank Ltd
04.2019 - 10.2020
- To understand clients business and provide appropriate working capital solutions across Fund/ Non Fund products like Cash Credit, Demand Loan, Buyers credit, PCFC, LC, and BG etc
- To build relationship with key person (CFOs/ Promoters) in the target segments and build client trust and confidence
- To understand client business models, trade related activities, cash flows etc
- And identify opportunities and grow client relationships
- Ensure stability of income from existing set of clients and explore avenues for new income generation from existing as well as new clients
- Add value to the client and stay ahead of the competition by structuring and implementing innovative deals in working capital, term loan and project finance
- Use credit knowledge and knowledge of various products for deal structuring
- Maintain relationships with business banking to originate business
- Manage relationship with the customers by increasing the book size
- Manage trade finance, general blog operation for cash management services i.e., working capital cycle of the company
- Developing and implementing strategies to expand ICICI Bank's reach and market share within the financial institution segment
- Coordinating with other ICICI Bank units involved in servicing financial institution customers like retail banking, SME banking, corporate banking, etc.
Accounts Manager
Shree Export
01.2018 - 03.2019
- Preparation of Financial Statement in accordance with The Companies Act 2013 and Applicable AS/INDAS
- Analyzing financial statements and operational information i.e., financial ratio, sales forecasting, and budgeting
- Preparation of Accounts of Individual clients in tally and MS Excel.
Article Assistant
Shah Somani & Co
08.2014 - 08.2017
- Managing the Internal Audit and Statutory Audit of a Manufacturing & Service sector company as per the scope decided by the management
- It involved understanding the existing Internal Controls in various departments, ensuring compliances with various regulatory agencies, auditing through the computer, etc
- And presenting the observations before the Board of Directors
- Tax return filling and Tax Audits of Partnership Firm, Individuals, Companies and LLP's.
Education
Certified Public Accountant - USA -
The American Institute of Certified Public Accountant
Master of Science in Management Accounting -
Bradley University
Peoria, IllinoisMaster of Commerce -
Gujarat University
09.2020
Chartered Accountant -
The Institute of Chartered Accountants of India
11.2018
Cost and Management Accountant -
The Institute of Cost & Mgmt. Accountants of India
06.2018
Bachelor of Commerce -
Gujarat University
03.2016
CORE QUALIFICATION
- Working knowledge of Quick Books (online as well as desktop), Wave Books, Zoho Books, Xero, and Tally ERP and many other accounting software used by Clients.
- Well-versed with MS Excel, MS Word & MS PowerPoint.
- Working knowledge of Drake, Lacerte, CCH Axcess, OneSource Income Tax and Go Systems tax software used in the preparation and review of US Tax returns.
Timeline
US Tax Senior
Ernst & Young - Global Delivery Service
11.2022 - 08.2024
US Tax Staff
Infinity Globus Accountants Pvt Ltd
11.2020 - 10.2022
Deputy Manager
ICICI Bank Ltd
04.2019 - 10.2020
Accounts Manager
Shree Export
01.2018 - 03.2019
Article Assistant
Shah Somani & Co
08.2014 - 08.2017
Certified Public Accountant - USA -
The American Institute of Certified Public Accountant
Master of Science in Management Accounting -
Bradley University
Master of Commerce -
Gujarat University
Chartered Accountant -
The Institute of Chartered Accountants of India
Cost and Management Accountant -
The Institute of Cost & Mgmt. Accountants of India
Bachelor of Commerce -
Gujarat University
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