ASTHA SHARMA
Abu dhabi
Summary
A highly skilled and detail-oriented accounting professional with 10 years of experience in managing financial operations and reporting across various industries. Adept at maintaining accurate financial records, performing reconciliations, preparing financial statements, and ensuring compliance with tax regulations. Proven track record of streamlining accounting processes to improve efficiency and reduce costs. Excellent problem-solving abilities, strong organizational skills. A team player with a strong work ethics, capable of managing multiple projects while meeting deadlines and maintaining a high standard of accuracy.
Overview
11
11
years of professional experience
Work History
Finance Manager
Ivory Engineering Solution Pvt Ltd
07.2023 - 02.2025
- Oversee daily accounting operations, including accounts payable, accounts receivable, and payroll processing
- Comparing budgeted vs Actual data and identifying the reason for the difference
- Prepare monthly, quarterly, and annual financial reports and statements for internal and external stakeholders
- Lead audits and ensure compliance with regulatory requirements
- Reconcile general ledger accounts and prepare journal entries to close the books each month
- Provide guidance and training to junior accounting staff
- Payment processing of suppliers along with balance confirmation certificate from client on monthly basis
- Preparing ageing report of Account receivable on monthly basis
- Preparation of MIS report on monthly basis
- Reconciling VAT and Withholding tax statements and filing monthly returns on the IRD site
Finance Manager
STEM Foundation Nepal
06.2018 - 07.2021
- Reviewed and analyzed accounts payable/receivable to ensure accuracy and compliance with payment schedules, enhancing the cash flow management of the organization
- Prepared monthly and quarterly tax provisions and supporting documentation for tax filings, ensuring accurate reporting of tax expenses and liabilities for management review
- Collaborated with external auditors to provide required documentation, resolve audit queries, and facilitate smooth audit processes, ensuring adherence to statutory and regulatory audit requirements
- Monitored tax compliance and filings, staying updated on any changes to tax laws and advising management on strategies to minimize tax liabilities
- Provided comprehensive tax planning advice, focusing on cost-saving opportunities, deductions, and credits to optimize financial strategies and ensure compliance
- Ensured all necessary tax payments were made on time, avoiding late payment penalties and interest
- Prepared and reviewed financial reports for senior management, identifying key insights, trends, and areas for improvement in operations or tax practices
- Preparation and submission of financial statements (balance sheets, income statements, and cash flow statements) in accordance with accounting standards and for tax filing purposes, ensuring all disclosures were made accurately
Senior Accountant
Sanigad Hydro Pvt Ltd
10.2017 - 06.2018
- Prepared and filed VAT returns, ensuring timely compliance with tax regulations and accurate reporting of VAT liabilities and credits
- Managed and filed TDS (Tax Deducted at Source) returns, ensuring compliance with tax laws and timely remittance of deducted taxes
- Prepared and filed income tax returns for individuals and organizations, ensuring accuracy and compliance with tax laws and regulations
- Preparation of salary sheet on monthly basis and processing the salary into staff account
- Deposit of Provident fund and gratuity into respective accounts on monthly basis
- Preparation of bank reconciliation and arranging bank balance certificates on a monthly basis
- Managed accounts payable and receivable processes, ensuring timely and accurate invoicing and payments
- Assisted in the preparation of year-end financial statements and tax returns
- Supported the month-end and year-end closing processes
Audit Executive
Rajesh Raj Gupta And Associates
04.2014 - 09.2017
- Conducted internal audit and submitted a detailed report ensuring compliance and accuracy
- Assess the potential risks that could impact the organization's ability to achieve its objectives (financial reporting, compliance, operational efficiency)
- Reviewing and understanding how specific processes are carried out, ensuring that the internal controls are being applied as intended
- Ensuring that financial statements are accurate and free from material misstatements
- Ensuring adherence to applicable laws, regulations, and industry standards
- Identifying inefficiencies in processes that could impact productivity or increase costs
- Supported senior accountants in the preparation of monthly financial reports
- Assisted with auditing activities and maintained accurate financial records for audit purposes
Education
MBA - Accountancy and Finance
Purbanchal University| Himalayan White House International College
BBS - Accountancy and Finance
Tribhuvan university
Semi Qualified Chartered Accountant - CA Finalist
Institute Of Chartered Accountant Of India
Skills
- Skilled in QuickBooks Software
- Xero Software Utilization
- Sage Software Knowledge
- Tally ERP Software
- Advanced Microsoft Office Skills
- Investment Portfolio Management
- Proficient in Revenue Recognition
- Regulatory Adherence, Tax Compliance
- Skilled in Cash Reconciliation
- Problem-solving aptitude
- Collaborative Teamwork
- Effective Decision-Making
- Adaptability and flexibility
- Organizational Multitasking Skills
- Accurate Financial Statements Preperation
Accomplishments
- Knowledge of UAE Corporate Tax and VAT Systems
- In-depth understanding of the UAE's Corporate Tax system, including the 9% tax rate on taxable income exceeding AED 375,000 and the 0% tax rate for income up to AED 375,000, along with related compliance and filing procedures.
- Familiarity with tax exemptions for free zone activities and sector-specific tax regimes, particularly in industries like oil and gas.
- Comprehensive knowledge of the UAE VAT system, including the standard 5% VAT rate, as well as the procedures for VAT compliance, and filing for businesses.
- Expertise in VAT exemptions and zero-rating provisions, including for sectors such as healthcare, education, and exports.
Languages
English
Nepali
Hindi
Timeline
Finance Manager
Ivory Engineering Solution Pvt Ltd
07.2023 - 02.2025
Finance Manager
STEM Foundation Nepal
06.2018 - 07.2021
Senior Accountant
Sanigad Hydro Pvt Ltd
10.2017 - 06.2018
Audit Executive
Rajesh Raj Gupta And Associates
04.2014 - 09.2017
BBS - Accountancy and Finance
Tribhuvan university
Semi Qualified Chartered Accountant - CA Finalist
Institute Of Chartered Accountant Of India
MBA - Accountancy and Finance
Purbanchal University| Himalayan White House International College
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