What i am lacking in my profile-urgent please

This query is : Resolved

CA Parul Saxena (Querist)
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28 March 2023 I am a CA qualified in Nov 2009...my role and responsibilities include:-
1. Monthly filing of GSTR1,GSTR3B of 4 GST registrations and quarterly filing of 5 GST registrations.
2. Year end closing after finalization of Balance Sheet.
3. Preparation of Annual financial statements.
4.Coordinate with Stat and internal Auditors.
5. Preparation of 3CD data as required by auditors.
6. Computation and payment of Advance tax.
7. monthly payment of GST,TDS and EPF(not involved in TDS and EPF compliances just making payment.)
8. Filing of GSTR9,9c independantly.
9. Monthly,quartrely,yearly as the need arises reconcilation of 2A,2B with books of accounts.
My current CTC is Rs750000. What should be as per my current profile.
Further what other skills i need to add on to get the better package

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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11 July 2024 Based on your current role and responsibilities as a CA with extensive GST compliance, financial statement preparation, auditing coordination, and tax computation experience, your current CTC of Rs. 750,000 appears to be on the lower side considering the scope and complexity of your duties. Here are some considerations and suggestions to enhance your profile and potentially increase your package:

### 1. Evaluate Current Market Rates:
- Research the market rates for similar roles in your location and industry. Websites like Glassdoor, LinkedIn Salary Insights, or consulting with recruitment agencies can provide insights into typical salary ranges.

### 2. Highlight Achievements:
- Ensure your CV and discussions with employers highlight specific achievements and impacts from your role. For example, improvements in compliance efficiency, successful audit outcomes, or cost savings from tax planning initiatives.

### 3. Additional Skills to Enhance:
- **Data Analytics and Automation:** Skills in data analytics tools (like Excel, Power BI, or accounting software with data analysis capabilities) can enhance your ability to derive insights and automate reporting processes.

- **Advanced Tax Planning:** Deepening your knowledge of tax planning strategies can add significant value to employers, especially in complex tax environments.

- **Financial Modeling and Forecasting:** Proficiency in financial modeling and forecasting can demonstrate your ability to provide strategic insights and planning.

- **Soft Skills:** Strong communication, leadership, and project management skills are valuable in progressing to managerial roles.

### 4. Professional Certifications:
- Consider pursuing certifications like Certified Information Systems Auditor (CISA), Certified Management Accountant (CMA), or Advanced Diploma in Management Accounting (CIMA) to broaden your skillset and credibility.

### 5. Negotiating Your Salary:
- When negotiating your salary, emphasize your unique skills, experiences, and certifications that add value to the organization. Highlight how your expertise can contribute to efficiency gains, risk mitigation, or revenue growth.

### 6. Continuous Learning:
- Stay updated with the latest developments in GST laws, accounting standards, and regulatory changes. Continuous learning through webinars, workshops, or online courses can keep you ahead in your field.

### Conclusion:
With your current profile and responsibilities, aiming for a higher CTC that aligns with market standards and your experience level is reasonable. Highlighting your achievements, acquiring additional relevant skills, and positioning yourself as a strategic advisor in tax and financial matters can significantly enhance your career prospects and earning potential.