1. Venkata Prasad K
Mobile # +8754712945
Email: prasadkataru@gmail.com
Venkata Prasad K
Plot No.575/A/1,Sai Shahi Apts, Ram Nagar South, 8th Main Rd, Madipakkam, Chennai-95.
To work in a professional environment and there by utilize my talents, auditing and taxation skills and
analytical abilities that will provide me challenging goals and tremendous career growth opportunities.
Professional Profile
Semi qualified Cost accountant with Eight years of experience in US State & Local Taxes Compliance, RAR
filings, Notices and Audits.
Successfully launched Parent State & Local Taxes Compliance process in India. Visited Dearborn, MI, USA,
understood process requirements and gained conceptual knowledge on several Ford applications relating to
State and Local Taxes.
Department Coordinator for ISO, Sox MCRP, GIS and PII. Have been cascading training sessions to employees
and acted as SPOC. Efficiently handled for five years for ISO and MCRP without any non- conformities.
Expertise in One Source, BNA State Tax Analyzer, XCM & Corptax systems. Streamlined tax return
preparation and data collection process for compliance.
Areas of Expertise
Excellent team handling skills. Creative leader with ability of handling large teams, as well as,
mentoring and motivating personnel in optimizing performance levels, focusing on quality
improvements. Leading the team with good supervisor satisfaction ratings:
o Compliance – 3 team members.
o RAR & Audit related activities – 2 team members.
o Proven record in understanding customer requirements and maintaining a healthy
communication flow.
Have been an active participant in defining key deliverables and other SLA requirements, raising and
resolving the concerns on process with customer with a focus on process improvements.
Handling Compliance, RAR & Audits for all the States in US, by understanding the Statute
requirement, justifying the taxability of each transaction billed/ accounted Comprehended the concept
of US State & Local Taxes for 49 States in United States, SPOC for all Compliance issues. Ford’s tax
reporting, filings and payments.
Ability to manage and guide the team in the compliance related matters and responsible in conducting
the team interim and final appraisals.
Successfully implemented One Source, BNA State Analyzer in to the Compliance.
Analysis, preparation, and timely filing of Estimates, Extensions & Multi-state income tax returns for
all states, Extensive Tax Research using RIA and CCH tax research software.
Achievements
Top Achiever award for the calendar year 2010 and mid-year interim appraisal for 2012.
Awarded Employee Excellence of the Month for November 2012.
Received 20 Ford Spot Recognition Cards for assisting other teams, sharing the knowledge in process,
quality issues and Ford applications.
2. Venkata Prasad K
Mobile # +8754712945
Email: prasadkataru@gmail.com
Career Highlights
Ford Motor Company Private Limited, Chennai (April 2007 – Till Date)
Ford Motor Company Private Ltd., wholly owned subsidiary of Ford Motor Company, US handling Business
processing, Finance and Internal Control activities for Ford global operations.
US State & Local Tax Compliance process (August 2007 to till Date)
Launched Parent State & Local Tax Compliance along with RAR & R&D and Non R& D Credits for
Compliance.
Knowledge on Federal returns F1120, F5471 Filings.
Completed Interactive Self-study in basics of State & Local taxes which are certified by Thomson Tax &
Accounting Micromash.
SPOC for Collection, analysis of Data for Compliance pertaining to Apportionments, Modifications and
Credits through OWM Data Flow management.
Update desk procedures as and when required and review the work instructions annually and
incorporate process changes.
Successfully created Data collection templates for various requests used for Compliance.
Key conceptual knowledge on ASC 740 Accounting for Income taxes.
Performed computation of Estimates and Extensions and processed all State & RAR payments to
various Jurisdictions without errors.
Apportionment and allocation of income and related deductions to state & local in accordance with
multistate tax laws.
Bagga Group of Companies, Hyderabad (June -2003 to March 2007)
This is one of the most reputed IMFL Manufacturers in India consisting of various organizations like public,
private and partnership firms.
Accounting and Taxation
Appointed as Assistant Manager – Accounts & Taxation and was responsible for Preparation of
Financial Statements and Tax filings for Group.
Was responsible for day to day accounting, cash and bank accounts, payroll, Purchase transactions and
APBCL reconciliations.
Finalized books for Income tax purposes and preparation of Financial Statements and Statutory
records.
Experience in preparation of Information for U/s.154BC, BD, 143(1), 143(2), 143(3), 148, 154, 147 of IT
Act 1961.
3. Venkata Prasad K
Mobile # +8754712945
Email: prasadkataru@gmail.com
Audit Assistant at SR. Mohan & Company, Chartered Accountants (June 2001 to May 2003)
Finalized books of accounts for the purposes of Income Tax and Companies Act for Private limited
companies and Partnership firms.
Handled Internal Audits for several manufacturing concerns.
Experience in Stock Audits and Statutory Audits for Limited Companies.
Assisted the team in Statutory Bank Audits.
Education Qualification
Master of Commerce from Andhra University – 2001.
Semi –Qualified Cost Accountant – 2009.
Computer Proficiency
High proficiency in MS Excel, Word, PowerPoint and Access.
Expertise in Corptax for creation of Planners for Estimates and Extensions, Corptax entity profile
updates, creation of custom ranges, custom groups, Apportionment data upload, Managing the
compliance Indicators.
Knowledge on Corptax E-Filing for various Jurisdictions.
Expertise in usage of OWM Work flow Manager, Data flow and creation of Data flow templates for
Data requests.
End to End experience in XCM, BNA State Tax Analyzer & OWM Work flow Manager for Compliance
and Audit.
Personal Summary
Born : 18th April 1978
Nationality : Indian
Permanent Address : Plot No.4-85, Gudibanda Road
Kodad – 508206
Telangana
