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
Government Auditing Standards
Audit preparation and reporting
Accounts receivable and payable
Audit preparation and response
Audits understanding
Accounts receivable
Funds disbursement understanding
Case planning and management
Personal safety and welfare
Records and test data auditing
Auditing processes and procedures
Timeline
Senior Audit and Accounts Executive
Venkatesulu Chartered Accounts
05.2005 - Current
B.COM - Accounting And Finance
BANGALORE UNIVERSITY
04.2001 - 04.2004