Chaithanya Kumar Essaralla
ICWA/CMA
Anantapur, Andhra Pradesh
Summary
A result-oriented professional of impressive experience in driving finance & accounts functions with an objective of accomplishing organizational goals & plans and hands-on experience in Budgeting, Forecasting, Variance Analysis and Revenue recognition. Analytical professional with strong background in financial modeling and risk management. Skilled in providing financial consultations and solutions for businesses of all sizes. Astute candidate develops new strategies and processes to optimize financial operations.
Overview
4
4
years of professional experience
4
4
Telugu, Kannada, Hindi and English
Work History
Senior Financial Accountant
Oracle India Pvt. Ltd
05.2022 - Current
- Compiled budget figures by reviewing past budgets, evaluating estimated income, and assessing expenses.
- Detailed understanding of budgets and forecast accordingly
- Calculating of Goodwill amortization schedule and ensure to post as per the schedule discussed with the LOB owners and controllers
- Accrual of Severance costs and payment re-classes from business CCs to management CCs
- Ensuring to book the costs to the right LOBs and cost centers
- Assist in accounting functions which may include general ledger, accounts payable, accounts receivable and inter-company transactions
- Maintain the general ledger to include the preparation of journal entries, analysis, reconciliations and reporting
- Maintain and implement general accounting systems
- Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data
- Review and analyze inter-company transactions
- Ensure all journal entries comply with internal and external audit specifications
- Participate in the ongoing development and maintenance of internal procedures and processes
- Providing comments to the stakeholders on the major variances
- Understanding the entire process, teams and tools involved from order booking to revenue recognition for cloud orders
- Involving in knocking off the transaction lines of entities within Oracle against the settlements done by the other entity within oracle
- Performing the reconciliations of the responsible GL accounts and entities in Oracle ARCS.
Client Financial Management Analyst (FP&A)
Accenture India Pvt. Ltd
08.2019 - 05.2022
- The role involves end to end management of the financials of various contracts, Financial Planning and Analysis, Budgeting, Forecasting, Revenue Recognition
- Detailed expense reports on a project-by-project basis being prepared and sent to onshore finance on a prompt and regular basis
- Reviewing the contracts with clients and highlighting the revenue risky areas
- Reporting to stake holders on various analysis every month and prepare data based on ad-hoc requests
- Prepare internal reports: financial statements, budget to actual comparison, margin, recovery analysis, non-billable expenses, etc
- Distribute reports to appropriate audience etc
- Responsible for month end close, Passing Journal Entries in SAP, and Sub Contractors Accruals
- Works with Delivery to ensure that all projects are invoiced correctly and on-time
- Prepares the ATMs (Accounting Treatment Memos) for review for direct projects
- Completes detailed monthly close activities for projects in scope and presents to manager for review
- Working with various teams such as pricing, invoicing, legal and Accounts receivable teams for our day-to-day activities
- Works with Project Managers to monitor engagement profitability
- Provides guidance to Project Managers with respect to financial reporting concepts, key financial metrics, etc
- Identifying the revenue leakage areas, improving the process and thus saving cost to company
- Equipping senior management with monthly and quarterly MIS reports for internal and external financial reporting.
Education
ICWA/CMA Final - Finance And Costing
Institute of Cost Accountants of India
Kolkata, India 04.2001 -
Skills
Team Management
Technical Skills Achievements
- Reporting tools like MME & MME
- Good knowledge on Oracle Cloud
- Worked on Oracle ARCS and participated in testing different versions
- Experience in Power BI (Only an end user but in learning to create dashboards)
- Proficiency in Excel, Word, PowerPoint, Outlook & knowledge of MS Access.
- Accounting Software – S.A.P, Tally ERP
- Received several Applause and Spot Award for exceptional work done in Accenture India Pvt Ltd.
Personal Information
- Date of Birth: 07/09/97
- Marital Status: Single
Disclaimer
I hereby state that the above written information is true to the best of my understanding and belief.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Senior Financial Accountant
Oracle India Pvt. Ltd
05.2022 - Current
Client Financial Management Analyst (FP&A)
Accenture India Pvt. Ltd
08.2019 - 05.2022
ICWA/CMA Final - Finance And Costing
Institute of Cost Accountants of India
04.2001 -
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