Microsoft Office
M Rajesh Rao
Chartered Accountant
Cuttack,Odisha
Summary
Adaptable, open-minded, an articulate master of finance and accounts with over 5 years of experience eager to join a respectable, customer-focused financial institution . Qualified Chartered Accountant with in depth experience in Power Sector Regulatory, Open Access, Billing and Revenue Management advanced knowledge of Finance & Accounts, Budgeting, Accounts Payable, Taxation & Audits and power sector revenue management . Detail-oriented with exceptional organization and communication skills with the drive to exceed expectations on every assignment.
Overview
4
4
Languages
Work History
Odisha Power Transmission Corporation Ltd
Bhubaneswar
- Revenue and Regulatory Deviation and Reactive Energy Charge Account Settlement on weekly and monthly determining the deviation charges: Deviation charges payable by benificiaries (Discoms)/SGSs/IPPs/CGPs to Pool Account shall be maintained by SLDC Deviation charges receivable by the beneficiaries (Discom) /SGSs /IPPs/ CGPs from Pool Account shall be maintained by SLDC Deviation charges receivable by the beneficiaries (Discom) /SGSs /IPPs/ CGPs from Pool Account shall be maintained by SLDC Quarterly reconciliation of Pool Accounts Collection and accounting of registration fees from persons willing to obtain connectivity to the intra-stare transmission system and/or distribution system in line with the provisions of Odisha Electricity Regulatory Commission Distribution (Conditions of Supply) Code, 2019 or Odisha Grid Code (OGC) Regulations, 2015 Collection and accounting of open access application, transmission, scheduling and wheeling charges open access customers (Intra and Inter State) and subsequent disbursement of Transmission and Wheeling charges to State Transmission utility and DISCOM respectively on monthly basis as per the provisions of Odisha Electricity Regulatory Commission Distribution (Conditions of Supply) Code, 2019 or Odisha Grid Code (OGC) Regulations, 2015 Collection and accounting of late payment surcharge from open access consumers as per the provisions of Odisha Electricity Regulatory Commission Distribution (Conditions of Supply) Code, 2019 or Odisha Grid Code (OGC) Regulations, 2015 Collection and accounting of operating charges from short term open access customers as per the Odisha Electricity Regulatory Commission Distribution (Conditions of Supply) Code, 2019 or Odisha Grid Code (OGC) Regulations, 2015 Monthly System and Market Operation Charges (SOC & MOC) including levy of penalty on late payment bill preparation, collection and accounting Taxation Successfully implemented GST across the company Designing, testing and implementation of in house web based software to enable raising proper tax invoices and other documents required as per GST law by 76 branch offices across the state Actively partaking in panel discussion with Business Teams and Management for examining the GST impact on anticipated transaction, review of vendor/customer agreements and assisting in preparing/ renewing the agreements Engaged in discussions regarding the litigation matters with Consultants and Management for additional submissions required for existing matters before Commissioner (Appeals), CESTAT or High Courts Timely filing of monthly GSTR-1, 3B and providing data to consultants for annual filing of GSTR-9 & 9C General Accounting Entrusted with the responsibility of performing routine closings, maintaining accurate records, fixed asset, inventory & cash accounting, preparation of annual revenue and capital budget.
- Performing commercial evaluation of bidders relating to e-procurement of centralized material & equipment through tendering Generating MIS & other reports and presenting the senior management for decision-making Monitoring expenditure and ensuring adherence to revenue and capital budgets Preparing reconciliation schedules for balance sheets accounts, including accounts receivable and bad debt reserves; providing timely explanations of variances between actual results and forecasts/budgets Capitalization of fixed assets & maintenance of FAR Ensure adherence to SOPs, internal policies/ process/ accounting standards Human Resources Special assignment in HR department to update the 35000 plus pensioners records and recalculation pension payable upon implementation of 7th pay commission with retrospective effect.
S.K.Nayak & Associates
- Cuttack , Odisha Preparation of financial statements like Balance sheet, Profit & loss account and Cash Flow Statement of small entities Internal audit of business entities Bank audits (Revenue, Statutory and Concurrent Audit) Gram panchayat and local fund audits.
Education
Inter -
Institute of Chartered Accountants of India Chartered Accountancy
Institute of Company Secretaries of India
Bachelor of commerce - undefined
Utkal University
Skills
Microsoft Office
Software
Tally ERP
Timeline
Bachelor of commerce - undefined
Utkal University
Inter -
Institute of Chartered Accountants of India Chartered Accountancy
Institute of Company Secretaries of India
S.K.Nayak & Associates
Odisha Power Transmission Corporation Ltd
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