Experience

Lotus Accountants
• Australia
• Accounting
• 1 - 100 Employee
• Senior Accountant

  • Jul 2022 - Present


Forbes Accounting & Business Consultants

• Australia
• Accounting
• 1 - 100 Employee

• Chartered Accountant

  • Oct 2018 - May 2022

  • Preparation and lodgement of Tax returns for individuals, partnership firms, trusts, and companies through LodgeiT and Tax-Assistant. • Preparation of Financial Statements through Xero, Quickbooks and MYOB. • Preparation and timely lodgement of Quarterly Business Activity Statements (BAS) through Xero practice manager/ workflow max. • Reconciliation of Bank accounts, Credit Cards, Payroll, Accounts Receivable and Accounts Payable including invoice management. • Reconciling accounts with ATO, third party and intercompany loan balances. • Handled complex and practical cases of Capital Gain transactions on sale of properties, cryptocurrency, and shares. • Experience in handling debit balance of loan accounts (Division 7A loan agreement), UPE and Franking Credit balance reconciliation. • Handled work relating to tax returns and inward remittances for Foreign Residents. • Implemented the Asset Protection Strategy for high-risk professionals such as Doctors. • CAPEX and Fixed Asset processing and reconciliations. • Accounted transactions based on cost-center basis for the client in construction industry. • End of year tax planning, preparation of workpapers and closing journals for finalisation. • Strong understanding of corporate structure and formation of a new company, family trusts. • Liaising with Financial Advisors, Accountants, and clients from time to time to obtain source documents and maintaining relationship with ATO, ASIC and external auditors. • Developed mechanism of maintaining workpapers on cloud server. • Having knowledge of Fringe Benefits Tax, Corporations Law, Stamp duty, GST, Land tax and payroll tax. • Developed negotiation skills in acquisition of another CPA firm. • Built model for individual client’s status which resulted in saving of 2 days/month. • Arranging and meeting clients on a regular basis to discuss progress and updates. • Training and mentoring junior members of the team. • Ad-hoc requests as directed and required. Show less



Parth Dalal & Associates

• Chartered Accountant-Sole proprietor

  • Jul 2016 - Feb 2018

  • Started practice in GST with $38,000 receipts in first year of operation. • Developed skills to work independently and giving consultancy to clients. • Preparation of Income tax, TDS (PAYG) returns using software Genius software. • Providing consultancy to clients in relation to GST matters and arranging seminars and conferences to update clients about amendments. • Handled day to day banking operations of the business. • Started practice in GST with $38,000 receipts in first year of operation. • Developed skills to work independently and giving consultancy to clients. • Preparation of Income tax, TDS (PAYG) returns using software Genius software. • Providing consultancy to clients in relation to GST matters and arranging seminars and conferences to update clients about amendments. • Handled day to day banking operations of the business.



U.M. Dalal & Associates

• Chartered Accountant firm

  • Aug 2012 - Jul 2015

  • Conducted Audit of small and medium enterprises. • Prepared documents for appeal to Appellate Tribunals. • Conducted statutory bank audits. • Prepared Financial report and Certificates of net worth using Genius software. • Developed the skills to prioritize the task between two jobs. • Conducted Audit of small and medium enterprises. • Prepared documents for appeal to Appellate Tribunals. • Conducted statutory bank audits. • Prepared Financial report and Certificates of net worth using Genius software. • Developed the skills to prioritize the task between two jobs.