Durga Prasad Singireddy

· Prepare, review, and post periodic accrual journal entries for various expenses and revenues in compliance with IFRS/GAAP.

Led end-to-end reporting of client entities/projects, from initial setup and budgeting through execution, billing, reporting, and final closure.

· Reviewed Accounts Receivable billings to ensure invoiced amounts were accurate, aligned with client contracts, and recorded correctly for timely collection.

Executed account reclassifications for accurate transaction allocation and financial statement integrity.

· Lead month-end and year-end close activities: reconcile ledgers, review balances, generate financial reports, and resolve variances

Collaborated with cross-functional teams to facilitate internal and external audits by providing documentation for accruals and reclassifications.

Conducted fixed asset accounting, managing capitalization, depreciation, and disposals to ensure compliance and accuracy.

Oversaw daily operations, streamlining banking processes for improved efficiency.

Managed daily operations related to Banks including Foreign Currency transactions.

Performed month-end closing activities such as journal entries, account reconciliations, and accruals.

Coordinated with departments to ensure accurate intercompany transaction reporting.

Reconciled bank accounts monthly ensuring all transactions are properly accounted for.

Maintain Foreign Exchange Rates on daily basis to ensure smooth flow of foreign currency transactions.

Perform Blackline reconciliation of banks on monthly basis to ensure all monthly reconciliation is in place.

Participated in development and establishment of accounting policies, procedures, and SOPs, reviewing and implementing processes and systems.

Closed monthly, quarterly, and annual accounting periods in compliance with applicable accounting standards.

Worked on Fixed assets - liquidation and Depreciation process.

Worked on Transition process and stabilised it.