Aswini Chirumamilla
Cost Accountant (CWA)
Nandigama
Summary
Dynamic and detail-oriented Accountant with over 6 years of experience in maintaining precise accounting information for large-scale financial organizations. Proven track record of collaborating with financial teams to manage diverse functions, including tax management and reporting, while actively engaging with executive management on complex mergers, acquisitions, and divestitures. Committed to enhancing professional skills and delivering value-added contributions to the organization, demonstrating strong analytical thinking and meticulous attention to detail in financial reporting and compliance. Eager to leverage problem-solving abilities and excellent communication skills in an entry-level accounting executive position, dedicated to driving team success and achieving organizational goals.
Overview
7
7
years of professional experience
1
1
Certification
1
1
Language
Work History
Practicing Cost Accountant
Chirumamilla Aswini & Co
10.2021 - Current
- Maximized profitability with detailed product costing analysis, enabling data-driven decision making for pricing strategies.
- Managed month-end closing activities efficiently, ensuring accurate and timely financial reporting.
- Supported annual budget preparation by providing detailed historical data analysis and projecting future trends in costs and revenues.
- Performed financial reporting, trend analysis, and process improvement support.
- Assisted with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation.
- Assisted in external audit engagements, ensuring timely completion and compliance with accounting standards.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Developed financial models to assess and analyze financial performance of clients.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
Accountant
Gorantla and Associates
07.2019 - 03.2021
- Worked as an apprentice under Mr. Bhujanga Rao for a period of three years. The environment was as such it was more of a self learning instead of being under guidance
- Worked as an accountant in cloud techno solutions for a period of 3.5 years
- The eveready guidelines helped me to ensure that I meet the professional standards of consistency in presentation and provide best quality in the minimum time as possible
- It enabled me to use current technology & tools to enhance the effectiveness of deliverables & service
- It has given me an insight into the inter-relationship of various functional areas of business
- The assignments gave an opportunity to apply theoretical concepts to practical situations
- It has helped me to study and analyze updates in generally accepted accounting principles, taxation and company law matters
- Work Handled:
- Performed various concurrent audits in banking environment (Allahabad bank, South Indian Bank, Andhra bank, Bank of Baroda, Indian Overseas Bank, Lakshmi vilas Bank etc.)
- Which includes verification of cash(surprise check method)
- Verification and validation of NPA’s as confirmed by bank
- Verification of loans and finances provided (with regard to securities provided)
- Interbank commissions with respect to sub-loans(computations of quarterly commissions)
- Ensuring KYC norms, quarterly verification of NPA’s revision
- Verification of guarantees given.
- Verification of foreign exchange reserves
- Computation of Inter Bank rates, Evaluation of spread rates(which differs with reference to credit worthiness of each client
- Performed system audit (ISA) in order to ensure efficacy of internal software and performance of internal controls in the bank to ensure that the controls are in accordance with industrial standards and are not detrimental to the interest of public funds and ensuring that the loan rates are as per the credit worth of the client.
- Statutory compliances with regard to following up of forms submitted to RBI with regard to credit defaults
- Preparation of books of accounts of Sole propriety concerns and Partnership firms, and Trusts
- Preparation of tax audit reports(3CD, 3CB reports) of various companies and individuals majorly client being partnership firms, individuals and restaurants(Astoria restaurant)
- Management Consultancy Services(with reference to tax planning, Accounting, investments post computation of IRR)
- Filing of incorporation of companies and closure of companies (Yashank Pvt. Ltd., Cranwell Pvt. Ltd., Frame Mills Pvt. Ltd.)
- Filling of Income Tax returns of various clients
- Physical verification of Fixed assets & Inventory
- Preparation of different kinds of MIS reports
- Providing of various consultancy services such as tax planning to clients to ensure maximum profitability to clients
- Vouching, Checking & Establishment of internal control system.
- Preparing audit programs in consultation with client
- Analysis of draft financial statements including notes to accounts.
- Prepared Various Industries Financial Statements and Audit Reports.
Education
LLB - Law
Osmania University
Hyderabad, India 04.2001 -
IPCC - Finance
ICAI
Greater Noida, India 04.2001 -
Professional Degree - COST ACCOUNTANT
ICMAI
Hyderabad, India 04.2001 -
BCOM - Commerce
Osmania University
01-2012
INTERMEDIATE - Commerce
Chaitanya Junior College
Hyderabad, India01-2009
SSC -
SSC
Hyderabad, India01-2007
Skills
Accustomed to working in a Computerized LAN enabled Environment
Conversant in MS Office & Windows
Financial reporting
Data inputting
Time management
Bookkeeping
Financial analysis
Tax preparation
Accounting and bookkeeping
Funds management
Tax return filing
Audit support
Auditing
Financial statements
Attention to detail
Statutory reporting
Variance analysis
Finance
Regulatory compliance
Cash flow management
Financial management
Cost accounting
Financial auditing
Full-cycle accounting
Nonprofit accounting
Microsoft Excel
Year-end close
Certification
Certified Credit Research Analyst -CCRA - Equalify
Interests
Gardening, Cycling, Badminton, Graphology and Learning languages
Timeline
Practicing Cost Accountant
Chirumamilla Aswini & Co
10.2021 - Current
Accountant
Gorantla and Associates
07.2019 - 03.2021
LLB - Law
Osmania University
04.2001 -
IPCC - Finance
ICAI
04.2001 -
Professional Degree - COST ACCOUNTANT
ICMAI
04.2001 -
BCOM - Commerce
Osmania University
INTERMEDIATE - Commerce
Chaitanya Junior College
SSC -
SSC
Personal Assets:
- Communication, learning and organizing skills
- Innovative, Positive attitude, enthusiastic, proactive and assertive
- Proven strength in problem solving, coordination and financial analysis
- Ability to manage stress, time and people effectively
- Achievement oriented with an ability to manage change with ease