DEVI PRIYANKA GAVARA

Financial Accounting and Reporting.

• Manage monthly, quarterly, and annual closure activities of a unit having a monthly turnover of around Rs. 1,000 Cr, ensuring accurate reporting as per Ind AS.
• Reviewed general ledgers, trial balances, and vendor balance reconciliations. Resolved approximately 5 crore discrepancies in the vendor ledger by identifying the underlying issue through end-to-end analysis, thereby ensuring clean financial reporting.
• Present monthly MIS to management, with insights on financial performance and operational efficiency.

Cost Accounting and Inventory.

• Drafted and monitored cost sheets and COP/unit. Identified the cost overruns and supported the operations teams in implementing the data-driven interventions to reduce the expenses.
• Prepared monthly variances of COP against the budget and presented them to management for review.
• Involved in gross working capital control through inventory analysis, identifying the build-ups, and collaborating with cross-functional teams to maintain efficient stock levels.

Budgeting, Forecasting, and Analysis

• Assisted in the preparation of the annual COP budget of a unit for FY 25-26. And also involved in preparing monthly rolling plans of COP.
• Delivered a comparative CBA for smelter residue alternatives in order to achieve cost-effectiveness.

ERP and Automation

• Worked with the SAP team to streamline the Shutdown Spares consumption booking in the respective GL based on the PM Order.

• Actively contributed to the statutory audit of a listed stock broking Co. for FY 2022-23 and participated in verifying INDAS 12 AND INDAS 19.
• Coordinated with the team in the statutory audit of a shrimp processing company with a turnover of Rs. 500Cr + for the FY 2020-21 and ensured compliances with the IGAAP, Schedule III, CARO.
• Supervised a team of 4 members in the Internal audit of alloys manufacturing company with a turnover of Rs.100 Cr + for two quarters. Overhauled the internal audit of Battery manufacturing company and tested the design and operating effectiveness of controls in O2C process.
• Led a team of 6 members meticulously conducting tax audits of various Companies, partnerships, sole proprietary firms. Efficiently filed 20+ tax audit forms of 3CA/3CB, 3CD.
• Assisted in calculations of MAT for companies in accordance with the Income tax act 1961 and involved in filing form 29B.
• Productively prepared and filed GST Monthly returns GSTR1 & 3B for Various forms of clients.