Premankur Roy

• Develop and maintain strong relationships with clients, acting as the primary point of contact for all their accounting needs
• Conduct regular client meetings to access their financial goals, address, concerns and identify opportunities for additional services
• Assisting clients during tax audits and reviews by tax authorities by preparing documentation, responding to inquiries, and representing clients in discussions with tax authorities to resolve issues effectively
• Collaborate with internal teams to ensure timely delivery of services and resolution of client issues
• Developing and implementing tax strategies to minimize tax liabilities for clients while maximizing financial benefits
• This involves analyzing financial data, identifying tax-saving opportunities, and providing proactive advice to clients
• Proactively identify opportunities to upsell or cross-sell additional services to existing clients, driving revenue growth for the firm
• Providing guidance and mentorship to junior staff members, including tax accountants and graduates
• Overseeing their work, reviewing tax returns, and providing feedback to ensure quality and accuracy
• Collaborate with partner to analyze the client's financial performance and develop strategies to achieve future objectives
• Coordinate daily and weekly tasks for the accounting team, establish the timelines for job completion and ensure optimal workload distribution among staff to meet deadlines effectively
• Participated in a range of webinars to stay abreast of recent developments in tax legislation, technology advancements and leadership concepts enhancing professional knowledge and skill set
• Utilizing tax software and other financial tools effectively to streamline processes, improve accuracy, and enhance productively

Key Achievements:

• Established lasting bonds with clients over times
• Oversaw diverse medical practice portfolios, guiding clients to enhance their businesses
• Provided invaluable support to clients throughout the due diligence process for business sales and purchases, contributing to informed decision-making and seamless transactions.
• Effectively managed teams with varied perspectives, facilitating successful idea implementation.

• Engage with clients to receive information around their financial activities
• Manage activities including Financial Statements, Income Tax Returns, Business Activity Statements, Instalment Activity Statements, Workers' Compensation Returns, Fringe Benefit Tax Returns, Payroll Tax Returns
• Conduct calculations for minimum repayments and interest across 7A division issues
• Develop and maintain strong client relationships to encourage repeat business
• Liaise with bookkeepers to manage the preparation accounts and undertaking journal adjustments and with ATO and other regulatory bodies as required
• Assist clients with financial planning activities and conduct revenue forecasts and analysis
• Manage reconciliations across bank transactions, accounts receivable, accounts payable and payroll matters for client
• Research, study, and interpret tax law as it applies to client accounts
• Advise clients on opportunities to save money including tax ramifications and business decisions.
• Calculate capital gain tax for residential and commercial properties, shares, and all other investments for Australian and foreign residents.
• Prepare special purposes management reports.
• Maintain compliance with all ATO and financial reporting requirements.
• Develop and maintain an understanding of financial landscapes and market trends.
• Undertake regular process reviews to handle work efficiently and effectively.
• Filed form to establish the new private company, trust and SMSF.

Key Achievements:

• Effectively navigated the complex tax matters of a dynamic construction industry business.
• skillfully overseen the tax affairs of a consolidated group, boasting an aggregated turnover exceeding $100 million, characterised by complex family group structure.

• Developed and maintained strong professional relationships with clients to support the effective management of their financial affairs
• Prepared and analyzed Financial Statements and Income Tax Returns for individuals, partnerships, trusts, and companies
• Calculate and prepare reporting on capital gains tax and interest for Division 7A issues
• Prepare annual tax statements for the investors/shareholders in syndicate property trusts
• Advise client companies on financial status, prepare their financial reporting, and assist them to prevent and resolve discrepancies
• Prepared Business Activity Statements, Instalment Activity Statements, Workers' Compensation Returns, Payroll Tax Returns, Payroll Compliance and Fringe Benefit Tax returns
• Undertook monthly tax training delivered by Tax Banter to maintain currency with ATO updates
• Analyzed and reported on profit and loss variance to budget and forecast
• Undertook profit and loss and balance sheet reconciliations for companies and entities
• Liaise with government auditors and provide information as required.

Key Achievement

• Proficiently oversaw the tax affairs of a diverse syndicate business comprising over 10 syndicate unit trusts, each encompassing a variety of unit holders including SMSFs and foreign residents. As the primary point of contact, I facilitated the audit process for each syndicate unit trust, ensuring seamless communication and compliance. Additionally, I successfully managed the tax affairs of the broader family group, encompassing a total of 24 to 26 entities, demonstrating comprehensive management and strategic oversight.

• Preparation of various financial statements and tax returns including Income Tax Returns, Business Activity Statements and Payroll Tax Returns
• Assisted clients to obtain loans through engagement with banks and other financial organisations to share information and clarify client financial positions
• Collaborated with managers and colleagues to prepare complex statements and income tax returns
• Oversaw the installation and management of accounting software programs
• Liaise with clients, auditors, bookkeepers, and other third-party entities and provide information as required
• Maintained compliance with all ATO and financial reporting requirements
• Developed and maintain an understanding of financial landscapes and market trends
• Communicating with regulatory bodies such as the Australian Tax Office as required to address queries or compliance issues.

Key Achievement:

• Effectively managed the tax affairs of numerous primary producer businesses, demonstrating adeptness in navigating the unique challenges and opportunities within the agricultural sector.
• Additionally, successfully oversaw the tax matters of a prominent and highly regarded land development company, showcasing expertise in handling complex transactions and compliance requirements.

• Reviewing accounting records and financial statements to ensure accuracy and compliance with standards
• Overseeing all accounting operations such as billing, accounts receivable, accounts payable, payroll, and inventory accounting
• Ensuring timely completion of month-end tasks including adjusting journals and reconciliations
• Preparing and submitting compliance reports such as Business Activity Statements, State Payroll Tax and Workers' Compensation
• Reporting financial status to management and ensuring financial controls are adequate and operational.