Balachandra Upadhya
Senior Finance Manager
Bangalore
Summary
Dynamic finance and accounts professional with 18 years of success in end-to-end financial operations management. Expertise in financial reporting, taxation compliance, audit activities, and general ledger reconciliation. Skilled in financial analysis, working capital management, and cost accounting. Proficient in statutory compliance including customs clearance and GST. Strong leader with a track record of mentoring teams and driving organizational success.
Overview
23
23
years of professional experience
1
1
Language
Work History
Senior Manager Finance and Accounts
M/s. Engineered Components and Systems India Pvt Ltd-Centromotion Group
12.2019 - Current
- Monitoring the debtors closely and executing all procedures and systems relating to collections
- Assisting the Finance Director for various functions like financial forecasting and planning
- Facilitating decision-making, managing distribution of funds and developing financial plans to meet requirements
- Ensuring optimal utilization of funds; reviewing the cash position on a regular basis
- Steering preparation of Financial Statements as per revised Schedule VI & Indian Accounting Standards/ GAAP
- Coordinating with Statutory & Internal Auditors
- Creating the Chart of Accounts including Stock and MIS formats budgeting systems and others
- Supervising ROC matters like registration and annual return filing
- Administering secretarial matters like Board Meetings, Drafting Agreements, Maintaining Statutory Registers
- Assisting in filling of direct & indirect tax returns including TDS returns as per the provisions of regulatory tax acts
- Appearing before regulatory tax authorities for assessment and resolution of other issues
- Performing GST compliances filling including the GST Input Credit & Tax Reverse Charge
- Preparing of Import Export Documents other related works SVB process, Customs clearance Advance license, JDGFT process, Bonded ware house procedure and implementation
- Global Support for Finance and Accounts and Assist for Corporate Tax.
Senior Manager - Finance & Accounts
M/s. Value Point Systems Pvt. Ltd. (Group Companies)
03.2016 - 12.2019
- Monitoring the debtors closely and executing all procedures and systems relating to collections
- Assisting the Finance Head for various functions like financial forecasting and planning
- Facilitating decision-making, managing distribution of funds and developing financial plans to meet requirements
- Ensuring optimal utilization of funds; reviewing the cash position on a regular basis
- Steering preparation of Financial Statements as per revised Schedule VI & Indian Accounting Standards/ GAAP
- Coordinating with Statutory & Internal Auditors
- Creating the Chart of Accounts including Stock and MIS formats budgeting systems and others
- Supervising ROC matters like registration and annual return filing
- Administering secretarial matters like Board Meetings, Drafting Agreements, Maintaining Statutory Registers
- Assisting in filling of direct & indirect tax returns including TDS returns as per the provisions of regulatory tax acts
- Appearing before regulatory tax authorities for assessment and resolution of other issues
- Performing GST compliances filling including the GST Input Credit & Tax Reverse Charge
- Team Handling (21 People are reporting to me) and Heading the Finance and Accounts
- Taking care of Overseas Books of Accounts According to the Provisions of Singapore Regulatory tax Acts
- Taking care of Overseas Books of Accounts According to the Provisions of US Regulatory Tax Authorities Act as per US Law.
Manager-Finance & Accounts
M/s. Popular Autoworks Private Limited
10.2014 - 02.2016
- Assisted the Finance Head for functions like financial forecast & planning
- Developed financial plans to meet short-term financial requirements and ensured optimal utilization of funds
- Reviewed the cash position on a regular basis
- Strengthened the networking system of MIS by means of concrete data recording & reporting
- Assisted in filling of direct & indirect tax returns including TDS returns
- Team Handling around 3 people.
Dy. Manager - Costing & Finance
M/s. Avasarala Technologies Limited
10.2010 - 09.2014
- Managed finance, accounting & costing functions of organization
- Designed & implemented measures to improve the efficiency of accounting systems, procedures & practices
- Steered forecast and planning and distribution of funds and ensured optimal utilization of funds
- Monitored pre & post shipment finance, i.e
- Export Packing Credit, Packing Credit in Foreign Currency & Buyers Credit
- Prepared MIS and Financial Statements as per revised Schedule VI & Indian Accounting Standards/ GAAP
- Monitoring the debtors closely and executing all procedures and systems relating to collections
- Assisting the Finance Director for various functions like financial forecasting and planning
- Facilitating decision-making, managing distribution of funds and developing financial plans to meet requirements
- Ensuring optimal utilization of funds; reviewing the cash position on a regular basis
- Steering preparation of Financial Statements as per revised Schedule VI & Indian Accounting Standards/ GAAP
- Coordinating with Statutory & Internal Auditors
- Creating the Chart of Accounts including Stock and MIS formats budgeting systems and others
- Supervising ROC matters like registration and annual return filing
- Administering secretarial matters like Board Meetings, Drafting Agreements, Maintaining Statutory Registers
- Assisting in filling of direct & indirect tax returns including TDS returns as per the provisions of regulatory tax acts
- Appearing before regulatory tax authorities for assessment and resolution of other issues
- Performing GST compliances filling including the GST Input Credit & Tax Reverse Charge.
Manager Finance & Accounts
M/s. Mack Telecom Services Private Limited
09.2004 - 02.2010
- Supervised daily routine account transactions; ensured maintenance of proper accounting records
- Reconciled all general ledgers accounts & corrected any posting error
- Managed all procedures & systems relating to collections & payments transactions with banks
- Prepared Bank Reconciliation Statement; planned for overall cash requirements and ensured better utilization of funds
- Monitored debtors age wise analysis and prepared outstanding statement regarding status of the debtors
- Ensured timely payments to vendor & reconciliation of vendor accounts
- Participated in monthly inventory physical counts and reconciled with accounting quantities
- Coordinated with auditor regarding the final accounts
- Assisted in filling of direct & indirect tax returns including TDS returns
- Developed financials, profit & loss accounts and balance sheet for the management
- Steered Sales Tax Assessment & Income Tax Assessment.
Manager Finance & Accounts
M/s. Kewaunee Labway India Private Limited
09.2001 - 08.2004
- Supervised daily routine account transactions; ensured maintenance of proper accounting records
- Reconciled all general ledgers accounts & corrected any posting error
- Managed all procedures & systems relating to collections & payments transactions with banks
- Prepared Bank Reconciliation Statement; planned for overall cash requirements and ensured better utilization of funds
- Monitored debtors age wise analysis and prepared outstanding statement regarding status of the debtors
- Ensured timely payments to vendor & reconciliation of vendor accounts
- Participated in monthly inventory physical counts and reconciled with accounting quantities
- Coordinated with auditor regarding the final accounts
- Assisted in filling of direct & indirect tax returns including TDS returns
- Developed financials, profit & loss accounts and balance sheet for the management
- Steered Sales Tax Assessment & Income Tax Assessment.
Education
C.S. (Inter Completed) -
ACMA from Institute of Cost Accountants of India (ICAI) - undefined
M.Com. in Finance (Correspondence) from Bangalore University - undefined
B.Com. from Karnataka University - undefined
Skills
Finance & Accountsundefined
Personal Information
Date of Birth: 05/18/79
Timeline
Senior Manager Finance and Accounts
M/s. Engineered Components and Systems India Pvt Ltd-Centromotion Group
12.2019 - Current
Senior Manager - Finance & Accounts
M/s. Value Point Systems Pvt. Ltd. (Group Companies)
03.2016 - 12.2019
Manager-Finance & Accounts
M/s. Popular Autoworks Private Limited
10.2014 - 02.2016
Dy. Manager - Costing & Finance
M/s. Avasarala Technologies Limited
10.2010 - 09.2014
Manager Finance & Accounts
M/s. Mack Telecom Services Private Limited
09.2004 - 02.2010
Manager Finance & Accounts
M/s. Kewaunee Labway India Private Limited
09.2001 - 08.2004
C.S. (Inter Completed) -
ACMA from Institute of Cost Accountants of India (ICAI) - undefined
M.Com. in Finance (Correspondence) from Bangalore University - undefined
B.Com. from Karnataka University - undefined
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