Chaitali S Dandu

Key Responsibilities

• Worked in Indirect Taxes Department. Handled GST, Sales Tax and Income Tax related activities for Andhra Pradesh and Telangana
• Played a key role in implementation of GST in the organisation, conducted frequent trainings for stakeholders to create awareness about the provisions of the act and compliance.
• Timely and accurate filing of monthly and annual returns, co-ordinated for GST audits and sales tax assessments.
• A referent in terms of Finance & analysis for business units
• Handled a team of 3 subordinates
• Currently working in Commercial Department. Handling the finance activity of the company’s business in the state of Telangana, which include 900 outlets.
• Exercise month end closure, accounting and finance controls, supporting schedules, bank account reconciliations, customer ledger reconciliations, MEB analysis & related party reporting’s.
• Negotiation of procurement activities, lease and allied retail business, credit extension to customers, capitalisation of assets.
• Educate the filed about tax implications, compliance and suggest tax saving alternatives.
• Financial Evaluation & Commercial Review of Business Proposals for setting up of fuel outlets in the State of Telangana.
• Preparation of monthly profitability statements for outlets in Telangana and quarterly profitability of Regional Offices.
• Ensure compliance with IND AS for accounting and compliance with Goods and Service tax and Sales Tax for taxation matters.
• Analyzed key cost indicators and implemented cost effective alternative supply points.
• Actively involved in the decision making process for the concerned business entity.
• Periodic follow up AP & AR
• Overview of vendor payment and concurrence for PO placement process
• Exercise and checked operating procedures & Internal controls. Worked in a system driven work processes environment.
• Conducted audit of company owned outlets.
• Trained various teams in financial understanding and analysis.
• Maintaining accounting controls by following policies, procedures & complying legal requirements.
• Developed - Retail outlet wise profitability portal and GSTR 2 vs 2A portal

Key Achievements

• Awarded “Outstanding Achievement Award” from HPCL in 2019 for generating a saving Rs 14.80 crs of GST, completion of six sales tax assessments and designing of time-saving technique in relation to Income tax in ERP.
• Awarded “Best Disbursement Officer” from HPCL in 2018 for clearance of long outstanding issues in payments.

Key Responsibilities

• Worked on year end audit and limited review of a public listed company named Dr. Reddy’s Laboratories Limited.
• Experience in identifying and documenting the various processes in a company, identifying the significant risks and key controls in those processes and also testing those controls as per the guidance given by PCAOB Auditing Standard No. 5.
• Independently handled the statutory audit and Tax Audit of Electronic Arts Games (India) Pvt Limited.
• As a part of SOX Testing, experience in test of design effectiveness and test of operating effectiveness for the major processes like Financial Statement Closure Process, Order to Cash Process and Procurement to Pay Process.
• Involved in the audit/validation of Form 6K/Form 20F disclosure requirements, a quarterly/annual report, prepared based on IFRS.
• Analysis of the impact of control failure with respect to internal control system & Financial Reporting and suggestions for improvements in the internal controls.

Key Achievements

Awarded “Kudos” - part of internal recognition program of KPMG in 2014 for the consistent performance during statutory audits.