Mahipal J.

● CPA with 7+ Years' Professional Experience ● Chartered Accountant with 10+ Years' Professional Experience ● Virtual CFO and Expert of Finance, Accounting & Tax matters ● Extensive experience and expertise in Global Finance, Accounting, International Taxation Brief History about myself Hello Folks, I am a Qualified US CPA and CA having more than 10 years of comprehensive experience in the Accounting and Finance industry and worked with top USA Outsourcing companies and have around 5 years of experience specifically in the USA accounting and Tax industry and also lead a huge team of finance professionals. USA ACCOUNTING PROFICIENCY 1. Financial Recordkeeping and Bookkeeping 2. Bank reconciliation 3. Reconciliation of A/c payable & A/c Receivable 4. Reconciliation of sales tax, direct tax, etc. 5. Financial Reporting 6. Inventory Management 7. Financial Statement Analysis 8. Having in-depth knowledge of Financial Software Management like QBO, XERO, Netsuite, Zoho, etc 9. Finalisation of books of accounts including year end adjustment entries, adjustment entries for accrual of expenses, provision for non profit inventories etc. 10. Proven expertise in preparing and analysis of the financial statements and cash flow statements including consolidation financial statements of group entity as per IFRS and US GAAP as well Tax laws. 11. Preparing Memo for issues revolving around multiple IFRS applicability and working papers of debt instruments, equity instruments, loans, PPEs, lease, royalty agreements, etc relating to it. 12. Working of foreign exchange gain or loss and currency translation reserve for the consolidated financial statements for the group entity having multiple subsidiaries with different reporting currency and Accounting of deferred tax assets or liabilities and preparation of working for the same for the consolidated financial statements for the group entity as per IFRS. INSIGHTS AND ANALYSIS OF THE FINANCIALS 1. Financial planning and analysis 2. Helping in taking strategic decision based on the financial analysis and insights of business prepared using the various ratios and reports 3. Ratio and trend Analysis 4. Cash Flow forecasting 5. Budgeting TAXATION AND PAYROLL 1. Helping/Assisting with the preparation, review, and filing of various tax returns including : A. 1040, 1099, 1120 and 1065, W2, 940, 941, state forms etc. for US clients, CPAs, EAs, etc. B. T1 (individuals), T2 (Corporation), and diverse T-slips, NR4, RoE, T4, T4A, GST34, provincial forms, etc. for the Canadian clients, CPAs, Accountants, etc. 2. Software expertise in QBO, ProConnect, TurboTax, TaxBandits, EasyPay, Zoho, Xero, NetSuite, Gusto, Drake, etc. 3. Processing of the payroll from recruiting of the employee to the filings with the authorities 4. Tax Advisory and planning