AKHIL KATTA
Hyderabad
Summary
To pursue a career in Fund Accounting& Private Equity with an organization having a global vision that encourages creativity gives recognition and offers an opportunity to learn and develop as a dynamic professional.
Overview
7
7
years of professional experience
Work History
Accounts Executive
MMKR & ASSOCIATES
Hyderabad, Telangana
12.2021 - 06.2024
Finance Accounting:
- Preparation of Accounts, Balance sheet, and Income statement, leading to the finalization of accounts of multiple companies, and partnership firms.
- Processing of journals for accruals and prepayments of both costs and revenues
Proficient in GAAP, accounting principles & IFRS - Ensured financial statements and records comply with laws and regulations.
Statutory Audits: - Verifying Books of Accounts and Preparation of Financial Statements
- Ensured Compliance with Accounting Policies, Accounting Standards, Regulatory requirements, Direct & Indirect tax compliances
- Taxation:
- Engaged in Tax audit of Individuals, Companies, Preparation, and, filing of their respective tax Audit reports
- Computation of Income-tax liability & filing of Income Tax/TDS Returns.
- GST Registration, and filing of monthly, quarterly, and annual returns.
Audit Assistant
SCV & ASSOCIATES
Warangal ,Telangana
03.2017 - 04.2020
- Maintenance of the proper books of accounts and the company’s records like balance sheet, profit and loss account, tax liability, and maintenance of all other financial activities of the organization.
- Preparation and Review of Financial Statements as per applicable AFRF
- Various Reconciliations like cash& bank balances, income and assets reconciliation
- Maintenance of the general ledgers as required by the Client Organization
- Verification of accounting transactions based on Accounting Standards and also Statutory point of view
Education
BCOM AF -
Indira Gandhi National Open University
12.2022
CA Final Group II -
The Institute of Chartered Accountants of India
05.2022
Higher Secondary Education -
Board of Intermediate
01.2013
Secondary Education -
Board of Secondary Education, AP
01.2011
Skills
- Good Analytical Skills
- Highly Adaptable to Change
- Proficient knowledge of MS Office
- Ability to Handle Assignments Independently
- Adaptability to New Technology
- Worked under stringent deadlines with high accuracy
Knowledge Base
- Learned the Private Equity Fund concepts like Investor Cash Flows, Management Fee Calculations, Commitments, Contributions, Unfunded Commitment, and Allocation.
- Conceptual Knowledge of Private Equity Structure such as Feeder, Onshore/ Offshore Funds.
- Good Understanding of Intermediaries in Fund Accounting like Custodial Functions, Depositories etc.,
- Conceptual Knowledge on difference between Hedge Funds, Private Equity Funds, Venture Capital Funds and Mutual Funds, Investment Strategies of different types of funds.
- Good Understanding on Hedge Fund – Incentive Fee Calculation and High-Water Mark Concept.
- Conceptual Knowledge on Hurdle Rate, Preferred Return, PE-Investment Strategies, Financial Reporting, Allocation, Equalization and Rebalancing Concepts.
- Knowledge about ETF’s, Index Funds, Mutual Fund Structure, Types and Concepts such as Open Ended, Close Ended Funds, NAV Calculations, Analyzing Fund Performances
- Analysis of Corporate Actions and impact NAV
Additional Information
31/01/1996, Male, Single
Timeline
Accounts Executive
MMKR & ASSOCIATES
12.2021 - 06.2024
Audit Assistant
SCV & ASSOCIATES
03.2017 - 04.2020
BCOM AF -
Indira Gandhi National Open University
CA Final Group II -
The Institute of Chartered Accountants of India
Higher Secondary Education -
Board of Intermediate
Secondary Education -
Board of Secondary Education, AP