Pratima Chavan
Tax Consultant & Virtual CFO
Pune
Summary
Virtual CFO & Tax Consultant with 20+ years managing cash flow, taxation, and financial planning. Expert in financial forecasting and strategizing to drive business growth. Recognized for exceptional communication skills and proactive approach to achieving organizational success. Pragmatic professional with solid experience in leadership roles. Adept at implementing strategic business plans, driving growth and improving operations. Skilled in financial management and stakeholder relations. Collaborative and dedicated to building and leading talented and motivated individuals.
Overview
2025
2025
years of professional experience
4
4
years of post-secondary education
2
2
Certificates
Work History
Virtual CFO & Tax Consultant - Freelance
Astute World Finance
Pune
4 2017 - Current
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Enhanced cash flow management through development of robust forecasting models, ensuring optimal liquidity for business operations.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within organization.
- Managed relationships with external auditors, ensuring smooth and efficient annual audit process with minimal findings or issues identified.
- Mentored finance team members, fostering culture of professional growth and skill development within department.
- Managed risk effectively through establishment of comprehensive risk management framework, safeguarding company assets against potential threats.
- Optimized working capital levels by closely monitoring accounts receivable/payable balances and taking appropriate actions as needed.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Spearheaded implementation of new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
- Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Oversaw preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Refined internal control procedures, strengthening overall integrity of financial data captured within system.
- Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
- Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Implemented effective record-keeping systems for clients, simplifying future tax preparations and improving organization.
- Facilitated smooth communication between clients and taxing authorities during inquiries or disputes, achieving favorable outcomes.
- Assisted clients in resolving IRS issues by navigating complex regulations and negotiating settlements.
- Calculated estimated tax payments for clients.
- Utilized tax software to prepare returns and meet deadlines.
- Analyzed financial documents to accurately reflect client information on tax returns.
- Maintained complete records of client tax returns and supporting documentation in secured areas.
- Completed and filed returns with tax departments at local, state, and federal levels.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
- Facilitated communication between clients and tax authorities.
Team Leader & Tax Preparer
Konnect Consultancy Services Pvt Ltd
Pune
01.2014 - 10.2016
- Developed and implemented strategies for financial forecasting and budgeting processes, leveraging advanced analytics to identify areas of cost savings
- Provided leadership and guidance to finance team members regarding day-to-day activities, ensuring adherence to company policies and procedures
- Analyzed financial data from multiple sources to inform decision making at executive level meetings
- Collaborated with external auditors in the completion of annual audits, providing detailed analysis on specific accounts
- Promoted organization's financial well-being by providing financial projections and accounting services and preparing growth plans
- Conducted regular financial performance reviews, analyzing and reporting on variances, trends, and opportunities for improvement
- Prepared budgets for approval, including those for funding and implementation of programs
- Directed upper management operations and proactively addressed and resolved challenges
- Directed, planned, or implemented policies, objectives, or activities of organizations or businesses for continuing operations, to maximize returns on investments, or to increase productivity
- Verified tax returns and other documents completed by clients.
- Advised clients on completing tax forms according to tax codes.
- Researched the tax code to assist in preparing atypical returns to ensure compliance
- Educated clients on actions to take to make tax preparation a more efficient process and reduce the risk of late filing
- Oversaw several tax advisors to ensure documents for all clients were handled on time and according to code, even during the busy tax season
- Develop relationships with local IRS agents to facilitate communication and negotiation on behalf of clients
- Prepare annual taxes for clients using the latest tax codes to find the best credits and deduction to save clients tax liability
- Consult with clients on ways to develop a financial strategy and build a tax plan to lower tax liability
- Responsibilities, and obligations under current taxation laws
- Submitted electronic filings via IRS e-file system while adhering to deadlines set by the agency
- Developed strong client relationships through excellent customer service and ongoing communication throughout the tax preparation process
- Prepared federal tax documents by assembling and analyzing financial information and completing forms with tax-related software
- Completed all tax forms in accordance with policies and in compliance with legislation and regulations
- Identified potential deductions that clients may be eligible for based on their individual circumstances
- Assisted in preparing or prepared simple to complex tax returns for individuals or small businesses
- Conducted in-depth reviews of financial statements and tax returns, identifying key areas for tax savings for clients
- Assisted in the preparation of over 200 business tax returns
Team Leader
Konnect Consultancy Services Pvt Ltd
Pune
05.2010 - 12.2014
- Set performance expectations for the team, monitoring progress towards goals and providing constructive feedback as needed.
- Developed team members'' skills through targeted coaching sessions, resulting in improved individual performance.
- Enhanced team productivity by implementing efficient work processes and regularly reviewing performance metrics.
- Mentored junior staff members, helping them develop their leadership potential and advance in their careers.
- Empowered team members by delegating responsibilities according to individual strengths and areas of expertise.
- Managed conflict resolution among team members, fostering a positive and collaborative work environment.
- Evaluated team member performance against established objectives during regular reviews, offering praise for achievements or identifying areas requiring further development.
- Established open and professional relationships with team members to achieve quick resolutions for various issues.
- Maintained an inclusive and diverse team culture, promoting respect and understanding among all members.
- Coordinated resources effectively to meet project deadlines and achieve desired results.
- Promoted culture of continuous improvement by encouraging feedback from all organizational levels and implementing actionable changes.
- Assisted in recruitment to build team of top performers.
- Motivated team members to surpass their targets, recognizing and rewarding their achievements.
- Streamlined internal processes, reducing project completion times and increasing overall efficiency.
- Implemented comprehensive reporting system to track team performance and identify areas for improvement.
- Fostered positive work environment, resulting in decreased employee turnover and increased team cohesion.
- Improved operational workflows, enabling team to handle increased workloads without compromising quality.
- Devised and implemented processes and procedures to streamline operations.
- Utilized extensive knowledge of various book-keeping software's to streamline the process, cutting preparation time by 25%
Senior Accounts Assistant
Omnitech Infosolutions Ltd
Mumbai
12.2004 - 03.2008
- Managed payroll processing for a large workforce while maintaining strict confidentiality of sensitive employee information
- Oversaw annual budgeting process, ensuring alignment with corporate goals and objectives
- Coordinated comprehensive risk management programs to safeguard company assets against potential losses from market fluctuations or unforeseen events
- Streamlined and enhanced corporate accounting and operations system by initiating key workflows
- Processed and reconciled accounts payable and receivable transactions
- Managed general ledger accounts and generated monthly financial statements
- Handled customer inquiries related to account balances or payments
- Performed complex reconciliations of balance sheet accounts on a regular basis
- Managed approximately 50 incoming calls, emails and faxes per day from customers.
- Upheld data integrity through rigorous maintenance of accounting systems, ensuring accurate information availability at all times.
- Served as a valuable resource within the finance department, training junior staff members on best practices in accounting procedures.
- Supported the Accounts Receivable team in recovering lost revenue through diligent research and communication efforts.
- Streamlined the invoicing process for improved efficiency and timely payments from clients.
- Participated in special projects as requested, demonstrating adaptability and eagerness to contribute to the organization's success.
- Ensured timely month-end closing by efficiently completing all assigned tasks within deadlines.
- Assisted in tax preparation efforts, gathering necessary documentation while adhering to strict regulatory guidelines.
- Boosted financial transparency with precise generation of monthly reports for management review.
- Handled day-to-day accounting processes to drive financial accuracy.
Education
M.COM - FINANCIAL ACCOUNTING & REPORTING
MUMBAI UNIVERSITY
Mumbai 06.1998 - 05.2000
B.COM - FINANCIAL ACCOUNTING & REPORTING
CHM COLLEGE
Mumbai 06.1995 - 05.1996
INTERMEDIATE -
CHM COLLEGE
Mumbai 06.1992 - 03.1993
SSC -
S.V.JOSHI HIGH SCHOOL
Dombivali 06.1990 - 05.1991
Skills
Book-Keeping
Certification
CPA - certified public accountant (Candidate)
Accomplishments
- Work on contract basis for All India radio-Mumbai division as RJ for various radio programs and interviews.
- Established new system & flow chart that saves time & increase accuracy.
- Appreciation received from the management for the best performance, individual as well as team performance.
Timeline
Team Leader & Tax Preparer
Konnect Consultancy Services Pvt Ltd
01.2014 - 10.2016
Team Leader
Konnect Consultancy Services Pvt Ltd
05.2010 - 12.2014
Senior Accounts Assistant
Omnitech Infosolutions Ltd
12.2004 - 03.2008
M.COM - FINANCIAL ACCOUNTING & REPORTING
MUMBAI UNIVERSITY
06.1998 - 05.2000
B.COM - FINANCIAL ACCOUNTING & REPORTING
CHM COLLEGE
06.1995 - 05.1996
INTERMEDIATE -
CHM COLLEGE
06.1992 - 03.1993
SSC -
S.V.JOSHI HIGH SCHOOL
06.1990 - 05.1991
CPA - certified public accountant (Candidate)
Quick Book ProAdvisor
Virtual CFO & Tax Consultant - Freelance
Astute World Finance
4 2017 - Current
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
To succeed in life, you need two things: ignorance and confidence.
Mark Twain
Awards
Best Employee of the Year Award received from Omnitech Infosolutions Ltd.
References
References available upon request.
Awards
Best Employee of the Year Award received from Omnitech Infosolutions Ltd.