Summary
Overview
Work History
Education
Skills
Certification
Languages
Timeline
Generic

NASIR SAMNANI

Toronto,ON

Summary

With 9 years of accounting and taxation expertise, I excel in maintaining precise financial records, reconciling accounts, processing payroll, and generating comprehensive financial and tax reports. I've consistently improved financial processes, streamlined bookkeeping systems, and ensured strict compliance with accounting principles. Proficient in QuickBooks and other accounting software, I'm eager to contribute my extensive knowledge to enhance an organization's financial success.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Accounting Intern

Tax Ace
12.2023 - Current
  • Training in full cycle business accounting using QuickBooks and tax preparation.
  • Market research, engaging with approximately 80 clients clients.
  • Utilizing QuickBooks to manage day to day workflows.
  • Collaborate with team members to ensure accurate and timely completion of tasks.
  • Worked with spreadsheets, cloud-based accounting software and bank account statements.
  • Developed strong verbal and written communication skills, enabling forging of successful relationships.

Finance Assistant

Doctors Without Borders, Médecins Sans Frontières
10.2021 - 07.2023
  • Assisted finance manager in preparing project budget of approx 5 million euros and monthly cash request.
  • Oversaw 80 third-party contracts and insurances, ensuring compliance and risk mitigation.
  • Handled the archiving of finance documents for the entire mission, resulting in a 18% improvement in document retrieval efficiency.
  • Ensured quality and accuracy of data entry in UNIFILED (ERP software).
  • Supported the project cashier in cash box management, optimizing cash handling procedures and reducing discrepancies by 40%.
  • Prepared monthly GST Input Tax Credit report and Profession Tax return of the project ensuring $150 reduction in tax preparers fees every month.
  • Educated and coached team members on tax compliance, leading to an increase in team awareness and adherence.
  • Processed salary payment along with tax calculation of approximately 140 staff in the project
  • Liaison with bank and other consultant on regular basis to ensure compliance
  • Managed mission accounting in Tally software, adhering to Indian accounting standards.
  • Reconciled accounts, managed audits and updated financial records with remarkable accuracy.
  • Processed accounts payable, ensuring invoice accuracy and timely payments.

Finance Executive

Ismaili Tariqa and Religious Education Board, ITREB
01.2019 - 06.2020
  • Prepared monthly grant request to the custodian and its disbursement.
  • Managed advances for 8 staff members, overseeing a seamless settlement process.
  • Supervised monthly expenses, contributing to the accurate and timely finalization of books of accounts.
  • Assisted head of department in preparation of payroll of approximately 80 staff and tax deduction thereon.
  • Developed annual budget of CAD 8,00,000 based on operation activity
  • Audited financial documents of branches located in 6 different states reducing audit related queries by 40%.
  • Implemented financial systems that increased efficiency in reporting, budgeting, and analysis tasks.

Article Assistant and Senior Accountant

Jignesh H. Shah & Associates
04.2012 - 01.2018
  • Oversaw accounts for 50 clients, handling diverse income sources from journal entries to finalization.
  • Solely managed accounting and bookkeeping for US-based clients in QuickBooks.
  • Audited financial statements for 6 companies having average revenues of CAD 4 million, ensuring compliance with various laws, including the Value Added Tax (VAT) Act and Income Tax Act.
  • Effectively managed the transition to Companies Act 2013 provisions, implementing new schedules for Balance Sheet and Profit and Loss Account preparation, saving 1 month equivalent of man hours.
  • Single-handedly managed the migration of 30 clients from VAT and Service Tax to Goods and Service Tax, securing new registrations.
  • Advised clients on effective tax savings and management strategies thereby reducing tax liabilities by 23%.
  • Completed and filed income tax, TDS, goods and service tax, value-added tax, service tax, PTRC, PTEC, and central sales tax periodic returns.
  • Drafted responses to rectifications, appeals, scrutiny, and show cause notices from various government revenue departments which led to 30% faster closing of assessments.
  • Attended approximately 150 hearings/scrutiny cases before income tax and sales tax officers and commissioners on behalf of clients.
  • Supervised the work of a team of 4 staff members.
  • Created projected financial statements to assist clients in planning and decision-making.
  • Elevated company reputation through meticulous attention to detail in all aspects of work output.
  • Maximized staff performance by assisting with training, onboarding, and performance evaluations.

Education

Certified Public Accountant -

AICPA
Arizona

Post Graduate Certificate in Accounting -

York University
Toronto, ON
04.2024

Accounting Technician/Inter CA -

Institute of Chartered Accountants of India
Mumbai, IN
11.2016

Bachelor of Commerce - Accounting & Finance

Mumbai University
Mumbai, IN
03.2012

Skills

  • Full-cycle accounting
  • Payroll Processing
  • GAAP understanding
  • Attention to Detail
  • Cash Flow analysis
  • Budget Analysis
  • Expenses and Bank Reconciliation
  • Advanced computer skills
  • Accounts Payable and Receivable Management
  • Auditing
  • Tax Preparation

Certification

  • Sage Intacct Fundamentals
  • QuickBooks Online Pro Advisor
  • QuickBooks Desktop Pro
  • Aspiring People Manager

Languages

English
Gujarati
Hindi

Timeline

Accounting Intern

Tax Ace
12.2023 - Current

Finance Assistant

Doctors Without Borders, Médecins Sans Frontières
10.2021 - 07.2023

Finance Executive

Ismaili Tariqa and Religious Education Board, ITREB
01.2019 - 06.2020

Article Assistant and Senior Accountant

Jignesh H. Shah & Associates
04.2012 - 01.2018

Certified Public Accountant -

AICPA

Post Graduate Certificate in Accounting -

York University

Accounting Technician/Inter CA -

Institute of Chartered Accountants of India

Bachelor of Commerce - Accounting & Finance

Mumbai University

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