Preeti Agarwal

• As a Tax Deal Support Expert specializing in SAP entities, I engage with customers across the EMEA/MEE/MENA/Africa region in concluding SAP contracts.
• Foster collaboration with commercial teams to effectively provide tax-optimized deal support.
• Streamline and automate tax processes to enhance operational efficiencies.
• Assess potential tax risks and legal implications associated with new business models, providing informed advice to stakeholders.
• Lead the WHT automation project across SAP's African subsidiaries.
• Manage corporate tax preparation for 4 Nordic entities including managing transfer pricing compliance and reporting.
• Lead & close the on going tax audits in 4 Nordic entities.

Nordics

· Simplified various tax processes to mitigate financial risks & eliminate process gaps. E.g. Canteen VAT, Energy tax claims, WHT accounting.

· DRC (Document & Compliance Reporting) implementation for Nordics.

· Implementation of SAFT solution for Norway.

· Accentuated the need to standardize information across various reporting platforms such as corporate tax returns, transfer pricing documentation.

· Educated and trained GFSS on tax laws to help them perform their regular work efficiently.

· Promoted learning culture within EMEA/MEE tax team – launched “Learning Recommendation” share point page for tax colleagues.

· Managed external tax audit and addressed all queries from tax auditors for SAP Norway.

· SPOC for tax deal support for EMEA/MEE SAP subsidiaries.

India

· Implementation of GST law & preparing ERP system to meet new tax law needs in the procurement area for Indian subsidiaries.

· Process simplification to optimize service tax claims and refund from tax authorities.

· Orchestrated and improvised tax compliance processes to meet external deadlines.

· Key driver to improvise WHT processes and development under S/4 Hana.

· Helped organization maintain full compliance with local, state and central tax requirements with diligent application of best practices.

• Researched and analyzed tax developments and applications to specific business situations.
• Process improvement and ERP implementation.
• Tax compliance under the various legislations: Excise, Service Tax, VAT, CST etc. across various states.
• Evaluation of inventory and tax provisions on slow / non-moving items.
• Inter-group accounting & settlements.
  Preparation of Operational Highlights in terms of tax savings and exposures.
• Get Periodic Audits done: Statutory / Internal / Government etc.
  Training & Guidance to team and business units on taxation and other operational activities.
• Direct communication and handling of government regulatory authorities.
• Prepared related tax disclosures for statutory or GAAP financial statements and miscellaneous state and local tax filings.
• Successful closure of tax audits without additional exposure.

• Assisted in managing audits of statutory auditor, external auditor, and tax authorities.
• Improved overall financial reporting by streamlining control processes. E.g. reporting of contingent liabilities.
• Identified improvement changes regarding key processes for internal controls and accounting procedures. E.g. entry tax rules, group accounting expenses.
• Preparation of Monthly MIS for the finalization of books and monthly Operations Review Meeting.