BALAJI CHELAY
Finance And Accounting
Bengaluru,KA
Summary
18 Years’ Experience in Financial Accounting, Auditing and Taxation Key Skills: Professional
Experience in various fields of Business entities with different kinds accounting methods working and audits
handling of Complete accounting and taxation works of clients
filing of income tax, VAT/GST returns with complete supporting accounting policies
Overview
17
17
years of professional experience
3
3
years of post-secondary education
Work History
Senior Audit and Accounts Executive
Venkatesulu Chartered Accounts
Bangalore, KA
05.2005 - Current
- Working was in reputed Chartered Accountants firm in Bangalore which provides the Accounting, Audit, Tax & Financial Services to Individuals, Firms & Companies
- Accounting Responsibilities:
- Maintain books of accounts in Computer environment as per Clients Business requirements
- Updating day-to-day transactions pertaining to bank
- Recording Purchases & Sales of Inventory, stores, spares etc.,
- Reconciliation of Bank books, Vendor accounts etc.
- Preparation of sales, production, material and cash budgets
- Finalization of accounts
- Variance analysis
- VAT/GST preparation and filing of returns to various clients for various business entities
- Management Responsibilities
- 15 Nos
- Of Accounting assistants will report me on Daily accounting and Taxation works on Statuary Compliances,
- Managing Labor Disputes with Labor Department of Clients
- Recruiting labor and accounting staff to the Proprietary concerns, Partnership Firms and Companies
- Store Managers will report me on their Store Accounting Works every Day,
- Supervising the Accounts and Taxation works on statutory compliances for Individuals, Partnership Firms and Companies,
- Managing of Stock Audits every month for the Clients,
- Giving Taxation Suggestions to the Clients,
- Managing Labor contractors and sub-contractors Accounting and taxation works for the Clients,
- Managing of Stock Transferring from one store to another Store,
- Supervising the Purchase Orders,
- Conducting Labor meetings for the Clients and guide them to the team cooperation towards establishment success
- Take care of the Staff Incentives,
- Preparing MIS reports for Clients
- Auditing Responsibilities:
- Statutory audit of Banks and Companies
- Internal audit of Firms & Companies
- Tax audit of Individuals, Firms & Companies
- Interacting with clients with regards sound system of accounting and internal controls
- Taxation responsibilities:
- Computation of Tax and Preparing Statement of Income and Filing of Income Tax Returns of Individuals, Firms, Business Entities and Pvt Ltd Companies etc.
- As per Income Tax Act
- Preparing of Trail Balance Accounts, Ledgers, Profit and Loss Accounts, Balance Sheets of Individuals, Firms, Business Entities and Pvt Ltd Companies etc.
- Statutory deduction and remittances of TDS, issue of TDS Certificate and filing annual returns
- Complete calculations and analyzations of VAT/GST and filing of Returns of VAT/GST
- Preparation and Completion of Assessments of VAT/GST and Income Tax
- Nature of Work Done:
- Auditing and Taxation to the Reputed Private Ltd Companies individually
- Statutory audit & finalization of accounts of Corporate, Partnership Firms & individuals.
- Developed strategic relationships with key suppliers and clients to foster profitable business initiatives
- Delivered engaging sales presentations to new clients, explaining technical information in simplified language to promote features and increase client base
- Deepened customer relationships through strong attention to needs and knowledgeable service
- Created company brand messaging, collateral materials, customer events, promotional strategies and product commercialization
- Analyzed accounts for delinquencies and other ongoing issues
- Built strategic relationships with key account personnel
- Prepared additional quotes for current clients to upsell products and services
Education
B.COM - Accounting And Finance
BANGALORE UNIVERSITY
Bengaluru, KA 04.2001 - 04.2004
Skills
Accounts payable and receivable auditing
undefinedTimeline
Senior Audit and Accounts Executive
Venkatesulu Chartered Accounts
05.2005 - Current
B.COM - Accounting And Finance
BANGALORE UNIVERSITY
04.2001 - 04.2004
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