CHANDRASHEKAR GADALA
Hyderabad
Summary
Chartered Accountant with 6 years of experience in financial accounting and reporting, month-end close, and audit support. Specializes in GL reviews, account reconciliations, and variance analysis for multinational clients. In-depth knowledge of Ind AS and IFRS, alongside practical experience with US GAAP, SAP, and financial data consolidation.
Overview
7
7
years of professional experience
Work History
Assistant Manager
Ernst & Young Associates LLP
09.2023 - Current
- Managed month-end and quarter-end close activities, including journal entries, accruals, provisions, reclassifications, and GL review for multinational clients.
- Conducted balance sheet reconciliations, movement analysis, and variance reviews to identify and resolve unusual balances and accounting discrepancies.
- Supported intercompany accounting and consolidation by reviewing transactions, coordinating elimination entries, and liaising with cross-functional stakeholders.
- Prepared financial reports, management packs, and analytical schedules to enhance financial reporting accuracy and inform business decision-making.
- Prepared and reviewed financial statements and related disclosures under Ind AS and IFRS for a renewable energy client with 50+ subsidiaries.
- Supported consolidation of financial information across multiple entities, including intercompany reconciliations, consolidation adjustments and financial data validation.
- Prepared and reviewed financial reporting schedules and workpapers supporting monthly, quarterly and annual reporting requirements.
- Assisted in preparation of restated financial statements and documentation for initial public offerings (IPO), ensuring compliance with regulatory requirements and facilitating smooth listing processes.
- Provided technical accounting support on complex transactions and accounting issues under Ind AS, IFRS, and US GAAP, including preparation of accounting position papers.
- Assisted SAP implementation and finance transformation projects through COA mapping, Trial Balance validation, data migration review, and post-migration reconciliations.
- Designed and implemented standardized reporting and consolidation templates to improve efficiency of financial reporting and support effective KPI monitoring.
- Strengthened governance and control environments through process assessments, SOP development, audit support, and internal control improvement initiatives across key finance processes
Audit Assistant
Komandoor and Co LLP Chartered Accountants
Hyderabad
09.2019 - 09.2022
- Conducted statutory and internal audits for private limited companies, public sector units, and government trusts with turnover exceeding 100 crores.
- Prepared, analyzed, and reviewed accounting records and compiled financial information to create client financial statements.
- Drafted audit findings and prepared statutory audit reports, including CARO reporting and internal audit reports for multiple clients.
- Performed Process Audits (P2P, O2C and H2R) and Walkthrough Tests to identify the process gaps and report to respective authority for process improvement
- Ensured compliance with statutory provisions, including provident fund, F&F, TDS, and TCS across various areas.
- Preparation of direct and indirect tax returns for corporates, firms and individuals.
Education
CHARTERED ACCOUNTANT - FINANCE, TAX AND ACCOUNTING
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
HYDERABADBachelor of Commerce - FINANCE AND ACCOUNTING
OSMANIA UNIVERSITY
HYDERABADSkills
- Financial analysis and reporting
- Financial modeling
- Accounting advisory and consolidation
- IPO advisory
- IFRS, IND AS, and US GAAP compliance
- Internal controls and reconciliations
- Variance analysis
- Taxation
Awards and achievements
- Received “Client Extraordinary Award” twice for outstanding performance and contributions.
- Received the “Team Management Award” for exceptional leadership and collaboration.
- Associated with Robin Hood Army locally and completed drives.
Languages
English, Telugu, Hindi
Timeline
Assistant Manager
Ernst & Young Associates LLP
09.2023 - Current
Audit Assistant
Komandoor and Co LLP Chartered Accountants
09.2019 - 09.2022
CHARTERED ACCOUNTANT - FINANCE, TAX AND ACCOUNTING
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Bachelor of Commerce - FINANCE AND ACCOUNTING
OSMANIA UNIVERSITY