Summary
Overview
Work History
Education
Skills
Software
Timeline
Generic

BALU SANDEEP THOTA

AUDIT MANAGER
VIJAYAWADA

Summary

Seasoned auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level AUDIT MANAGER position. Ready to help team achieve company goals. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

9
9
years of professional experience
16
16
years of post-secondary education
2
2
Languages

Work History

Audit Senior

SANDEEP ASSOCIATES
VIJAYAWADA
2022.02 - Current
  • Trained new employees on accounting principles and company procedures.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Identified legal tax savings and recommended ways to improve profits.

Audit Assistant

DKMANDCO
VIJAYAWADA
2018.09 - 2022.02
  • Performed auditing work in accordance with rigorous auditing standards and principles.
  • Worked audit engagements for industries in engineering, manufacturing, non-profit and human resources.
  • Reviewed general ledger transactions to identify errors or irregular entries.
  • Consulted decision-makers to gather information and, resolve audit-related problems.
  • Participated in workshops and educational opportunities to build skills set and add value to department.
  • Reviewed accounting clients' financial data systems to determine functional compliance.
  • Completed audits in accordance with regulations and procedures.
  • Assessed financial statements and records.

Articled Audit Assistant

RAM SANDEEP & ASSOCIATES
HYDERABAD
2015.08 - 2018.09
  • Performed analysis and research to compile data to submit to auditor for special projects.
  • Provided administrative and management assistance to auditor and directed activities in office.
  • Recommended strategies to correct unsatisfactory conditions and reduce costs.
  • Assisted auditor in developing timelines, budgets and audit plans for 60 assigned projects in 2017.
  • Prepared balance sheets.
  • Prepared year-end journal entries to prepare for annual audit.
  • Implemented accounting training and education for new hires on county staff.
  • Monitored department compliance with laws, regulations and codes.
  • Created thorough audit reports with results, recommendations and conclusions.
  • Reviewed budget adjustments and transfers to maintain strict internal control.
  • Developed detailed financial recordkeeping methods and procedures to support fiscal reporting.
  • Analyzed impact of tax roll changes on county revenue and formulated statistical reports for appropriate committees.
  • Supervised assigned accounting staff to evaluate performance and maintain standards.
  • Conducted audits of funds to meet proper accounting, reporting and disbursement requirements.
  • Drafted findings and recommendations into detailed reports.

Account Executive

DKMANDCO
VIJAYAWADA
2014.01 - 2015.08
  • Built and strengthened relationships with new and existing accounts to drive revenue growth.
  • Strengthened customer relationships with proactive and collaborative approach to managing needs.
  • Executed successful sales strategies to convert leads into customers.
  • Cross-sold products and services to clients to secure additional business and grow revenue streams.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Evaluated and improved financial records to make important business decisions.
  • Itemized taxpayer expenses to identify maximum adjustments, deductions and credits.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
  • Modified comprehensive reporting to reflect changing financial structure.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • Used advanced software to prepare documents, reports, and presentations.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Prepared and filed tax forms to meet needs of customers.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Gathered financial information, prepared documents, and closed books.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Collected and reported monthly expense variances and explanations.
  • Developed financial models to assess and analyze financial performance of clients.
  • Provided journal entries and performed accounting on accrual basis.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Trained new employees on accounting principles and company procedures.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Maintained integrity of general ledger and chart of accounts.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Identified legal tax savings and recommended ways to improve profits.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
  • Cooperated with senior leaders to create operating budgets and initiate financial planning.

Education

FINAL - Auditing

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NEW DELHI
2020.01 - Current

MBA - Finance

ACHARYA NAGARJUNA UNIVERSITY
GUNTUR
2019.05 - 2021.11

IPCC - Auditing

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NEW DELHI
2013.11 - 2019.05

CPT - Accounting And Finance

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NEW DELHI
2012.04 - 2013.01

Bachelor of Commerce - Accounting And Finance

ACHARYA NAGARJUNA UNIVERSITY
GUNTUR
2011.06 - 2014.12

Skills

Bookkeeping

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Software

Tally PRIME

SPECTRUM

MS OFFICE

Timeline

Audit Senior

SANDEEP ASSOCIATES
2022.02 - Current

FINAL - Auditing

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
2020.01 - Current

MBA - Finance

ACHARYA NAGARJUNA UNIVERSITY
2019.05 - 2021.11

Audit Assistant

DKMANDCO
2018.09 - 2022.02

Articled Audit Assistant

RAM SANDEEP & ASSOCIATES
2015.08 - 2018.09

Account Executive

DKMANDCO
2014.01 - 2015.08

IPCC - Auditing

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
2013.11 - 2019.05

CPT - Accounting And Finance

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
2012.04 - 2013.01

Bachelor of Commerce - Accounting And Finance

ACHARYA NAGARJUNA UNIVERSITY
2011.06 - 2014.12

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BALU SANDEEP THOTAAUDIT MANAGER