ASHOK PUNATI
Hyderabad
Summary
A highly motivated professional with 5+ years of experience in costing, finance and taxation matters and also having strong collaboration skills. Having working knowledge in SAP.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Financial Analyst
Future view Systems
Hyderabad
03.2023 - Current
- Identified discrepancies in financial data and recommended corrective actions to resolve them.
- Analyzed trends in financial performance to identify areas for improvement.
- Developed strategies to improve efficiency of business operations and reduce costs.
- Prepared monthly balance sheets, income statements, cash flows statements, budgets.
- Analyzed financial data to identify trends, patterns and strategies.
- Preparing MIS reports to management.
- Assist in Statutory and Internal Audit Activities.
Financial Analyst
Young Brand Apparel
Chennai
08.2022 - 03.2023
- Preparation of Quarterly Balance sheet, Profit and Loss statement, cash flow statement
- Preparing monthly MIS reporting, daily fund position
- Preparing product cost sheet, variance analysis
- Day to day management reports for decision making
- Allocation of expenditure on the basis of cost centres
- Review of expenditure and income ledgers
- Conducting Physical stock verification
Cost Accountant
NSL Textiles Limited
Guntur
03.2021 - 08.2022
- Preparing monthly MIS, stock valuation, interdivision stock reconciliation
- Internal order creation, review expenditure ledgers
- Preparing product cost sheets, variance analysis
- Involved in preparation of budgeting and forecasting
- Monthly depreciation run in SAP
- Preparing bank stock statement, drawing power workings
- Dealing with cost auditors, concurrent auditors
- Vendor, Customer ledger reconciliations
Finance Executive
Vanya Engineering
Hyderabad
07.2017 - 02.2021
- Assisted Finance head in all relevant matters such as MIS, AR monitoring, AP monitoring, budgeting and forecasting
- Preparation of Monthly/Quarterly variance reports, investigation of abnormal variances and reporting the same to the management
- Responsible for timely completion of tax compliances such as filing of TDS returns, issuing Form 16A
- Developed annual audit plan based on comprehensive risk assessment including risks identified by the management
- Notable achievements
- Generated approximately INR 6 lakhs in annual savings by implementing new process in material procurement and reducing wasted resources
Audit Associate (Internship)
M/s. Athota&Co.
08.2012 - 08.2015
- Bookkeeping of full accounting cycles of various industry clients to ensure they are maintained as per the GAAP
- Statutory audits, internal audits, tax audits
- Involved in preparation the projected financial statements to clients for financing needs
- Involved in stock audits which includes physical verification of stocks
- Handled concurrent audit of nationalized banks
Education
CMA - Accounting And Finance
ICAI
Vijayawada12-2019
CA Final(Group II) - Accounting And Finance
ICAI
VIjayawadaB.Com - Accounting
IGNOU University
Vijayawada12-2017
Skills
- Costing
- Budgeting
- Financial Reporting
- Statutory audit
- Income tax
- GST
- SAP
- Tally
- Advanced Excel
Certification
- Information technology training course, ICAI
- General Management Communication Skills Course, ICAI
Languages
- English
- Telugu
Personal Information
Date of Birth: 07/07/92
Timeline
Financial Analyst
Future view Systems
03.2023 - Current
Financial Analyst
Young Brand Apparel
08.2022 - 03.2023
Cost Accountant
NSL Textiles Limited
03.2021 - 08.2022
Finance Executive
Vanya Engineering
07.2017 - 02.2021
Audit Associate (Internship)
M/s. Athota&Co.
08.2012 - 08.2015
- Information technology training course, ICAI
- General Management Communication Skills Course, ICAI
CMA - Accounting And Finance
ICAI
CA Final(Group II) - Accounting And Finance
ICAI
B.Com - Accounting
IGNOU University
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