CA Sai Kiran Velagapudi
Bengaluru
Summary
Results-driven Chartered Accountant with 4 years of progressive experience in Monthly Book Closure, MIS preparation,Financial reporting and Tax compliances. Adept at driving financial performance, streamlining operations, and ensuring adherence to regulatory standards. Proven track record in leading cross-functional teams, preparing accurate financial reports, and providing actionable insights to executive leadership.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Deputy Manager- (F&A)
Bioplus Life Sciences Private Limited
09.2023 - Current
- Lead and oversee all accounting operations, including general ledger management, monthly financial closure and financial statement preparation.
- Preparation of Sales vs Budget and Flash sales reports to management.
- Preparation of Monthly MIS and variance analysis on actuals vs budget.
- Preparation of Annual operating plan, budgets and forecasts annually and comparing with Monthly MIS actuals.
- Preparation of Quarterly and Annual financial statements as per Indian GAAP and Schedule III of companies Act 2013.
- Preparation of Foreign subsidiary financials as per IFRS and conversion to Indian GAAP.
- Providing Audit Support to Statutory Auditors (BDO LLP) by preparing Audit schedules and providing Audit documentation.
- Responsible for APR data, 3CA-3CD Tax Audit, Form 3CEB, FLA return, form DPT-03.
- Preparation of AE and Non-AE workings for Transfer Pricing decisions to price products for foreign subsidiaries.
- Handling Fixed Assets accounting, including additions, transfers, disposals, and month-end deliverables.
Senior Executive- (F&A)
Aurobindo Pharma Group Companies
03.2021 - 09.2023
- Responsible for Monthly book closure, Closing of AP, AR and FA modules in Oracle ERP.
- Generated and presented Monthly P&L and Expense sheets for MIS, providing variance analysis of actuals with budgets to Management.
- Prepared Quarterly and Annual Financials Statements as per IND AS and Schedule III as per Companies Act 2013.
- Provided comprehensive support for external and internal audits, achieving zero material audit observations.
- Facilitated seamless audit processes by creating schedules for revenue, expenses, and balance sheet items.
- Manage tax compliances, including GST, Income tax, and ROC related forms ensuring zero penalties over 2 years.
- Processed refunds for GST Direct Exports (Claiming GST, DBK and RODTEP)
Articleship Exposure
M/s Brahmayya & Co Chartered Accountants
04.2015 - 03.2018
- Having Experience in Statutory Audit and Review of Internal Financial Controls over financial reporting in the Industries of Manufacturing, Construction, Healthcare and Hospitality etc
- Executed assignments for preparation of Financial Statements, Annual reports, and Projection statements
- Handling of Tax audit and preparation of Tax audit report under Income tax and review of 3CA/3CB,3CD for reporting purpose
Education
Chartered Accountant -
Institute of Chartered Accountants of India
New Delhi11-2020
B.Com - Accounting And Finance
Acharya Nagarjuna University
Guntur03.2015
Intermediate -
Board of Intermediate Education, AP
Guntur03.2012
S.S.C -
Board of Secondary Education, AP
Eluru, India03.2010
Skills
- Budgeting and Forecasting
- Financial Reporting
- MIS and Variance analysis
- Tax compliances
- Risk Management
- MS office (MS Excel,word,PPT)
- SAP B1, Oracle and Tally ERP9
- Attention to Detail
Certification
Diploma in International Financial Reporting Standards (IFRS) - ACCA
Attributes
- Critical thinking, Enthusiastic in nature.
- Good Interpersonal skills.
- Self-motivation and ability to take initiatives.
- Good team player, ability to work well under pressure.
Languages
English
Telugu
Hindi
Accomplishments
- Successfully led the complete migration from Tally ERP 9 to SAP Business One, completing the transition on time.
- Reduced inventory write-offs by 35% through improved physical count procedures and providing comprehensive training program for plant staff on proper documentation of material movements.
- Successfully recovered 9 lakhs in overlooked GST refunds by implementing comprehensive historical tax review process going back 2 fiscal years.
Timeline
Deputy Manager- (F&A)
Bioplus Life Sciences Private Limited
09.2023 - Current
Senior Executive- (F&A)
Aurobindo Pharma Group Companies
03.2021 - 09.2023
Articleship Exposure
M/s Brahmayya & Co Chartered Accountants
04.2015 - 03.2018
Chartered Accountant -
Institute of Chartered Accountants of India
B.Com - Accounting And Finance
Acharya Nagarjuna University
Intermediate -
Board of Intermediate Education, AP
S.S.C -
Board of Secondary Education, AP
Similar Profiles
ANURAG HARSHAANURAG HARSHA
Senior Manager - Human Resources at Strand Life Sciences Private LimitedSenior Manager - Human Resources at Strand Life Sciences Private Limited
SHANMUGARAJ S BSHANMUGARAJ S B
Deputy Manager - Project Management at Lakshmi Life Sciences Private Limited -Unit 1Deputy Manager - Project Management at Lakshmi Life Sciences Private Limited -Unit 1
Megha Rajesh MehtaMegha Rajesh Mehta
Regional Head SEA II at Reliance Life Sciences Private LimitedRegional Head SEA II at Reliance Life Sciences Private Limited