Summary
Overview
Work History
Education
Skills
Accomplishments
Personal Information
Timeline
Generic

Rakesh Yarramsetty

Tax Senior
Hyderabad

Summary

Experienced professional with a demonstrated history of working in UK investor tax reporting. Skilled in reviewing and preparing investor reports, handling basic and complex adjustments for offshore funds, and calculating and reviewing reportable income. Over 5 years of experience in the field of UK investor tax reporting and UK corporate tax, with a strong expertise in effectively managing and optimizing tax reporting processes.

Overview

7
7
years of professional experience
2036
2036
years of post-secondary education

Work History

Tax Senior

Deloitte
06.2019 - Current

Reporting Funds -

  • I work in a process which is responsible for preparation and submission of UK Offshore Reporting Funds tax reports.
  • Prepare and review annual offshore Reporting Fund calculations and submission of final reportable income calculations to HMRC.
  • Help fund manager to meet the UK reporting fund regime obligation and submitting the reports to investors to HMRC on time.
  • Gathering and analyzing data related to fund performance, investor contributions and redemptions.
  • Take on/Risk assessment – Ensuring all client due diligence is completed on all clients.


VBA Automation - Designed and implemented advanced Excel VBA automation to streamline the preparation and review process, for enhanced data processing.


UK Corporate Taxation - Provide support during busy season of UK Corporate Tax filing, majorly for the Real Estate companies.


Management -

  • Trainings - Leading and mentoring staff, providing guidance, and facilitating professional development. Identifying areas for improvement and implementing strategies to enhance productivity and quality.
  • Resource management - Managing staff schedules, assigning tasks, and ensuring the optimal use of resources. Implementing quality assurance processes to maintain high standards in delivery.
  • Quickly addressing and resolving operational issues that arise to minimize disruptions.


Secondment - Been to the UK for 3 months in 2024 to work on various clients.

Tax Intern

Deloitte
05.2018 - 06.2018


  • Analyzed financial statements, identifying discrepancies that led to significant adjustments in clients'' taxable income calculations.
  • Prepared workpapers, reconciliations, and schedules for efficient review by seniors and managers.
  • Worked closely with team members to complete tasks efficiently under tight time constraints during peak periods of high workload demands.

Education

MASTER OF BUSINESS ADMINISTRATION - Operations and Finance

St. Joseph's Degree And PG College
Hyderabad, Telangana
04.2001 - 04.2019

BACHELOR'S DEGREE - Bachelor of Business Administration

Hyderabad, Telangana

Skills

  • Effective Conflict Resolution
  • Prioritization and Scheduling
  • Communication
  • Collaborative Team Development
  • Audience Engagement Techniques
  • Effective Conflict Resolution

Accomplishments

  • Recognized as the best performer of the team and awarded Spot Award in 2019, 2020, 2021 and 2022, 3 Qs in 2023, 2 Qs in 2024 and Applause award in 2024.
  • A Panel member for Industry - Academia meet at Alma Mater - 2020.
  • Best Outgoing Student of the Year - 2019
  • Received Mr. Congeniality Award - 2019
  • Operations & Logistics lead for International Conference - 2019.
  • Best Co-Ordinator/Host - 2018

Personal Information

  • Date of Birth: 11/20/95
  • Gender: Male
  • Nationality: Indian

Timeline

Tax Senior

Deloitte
06.2019 - Current

Tax Intern

Deloitte
05.2018 - 06.2018

MASTER OF BUSINESS ADMINISTRATION - Operations and Finance

St. Joseph's Degree And PG College
04.2001 - 04.2019

BACHELOR'S DEGREE - Bachelor of Business Administration

Rakesh YarramsettyTax Senior