Eswar Reddy

India GAAP and US GAAP

• Proficient in financial statement preparation under India GAAP and US GAAP.
• Active participant in audits, furnishing required documentation for compliance.
• Knowledgeable about disparities between India GAAP and US GAAP, easing transition and ensuring compliance.

IND AS

• Extensive IND AS expertise covering standards such as IND AS 115, 116, 2, 16, with a profound understanding of their principles.
• Collaborated with external audit firms for IND AS audits, providing documentation and explanations for seamless compliance.
• Proficient in preparing consolidated financial statements, adhering to INDAS110, US GAAP, or local GAAP, including subsidiary and joint venture consolidation.

Financial Planning and Analysis

• Developed and executed KPI frameworks in line with organizational objectives for cross-departmental performance tracking.
• Conducted financial statement and variance analyses to gauge performance against budget, recommending corrective actions for goal attainment.
• Established and updated a robust set of financial benchmarks and ratios to evaluate company performance.

Transfer Pricing

• Proficient in transfer pricing analysis, employing methods like CUP, RPM, CPM, and PSM.
• Expertise in ensuring transfer pricing compliance through policy preparation and OECD guideline adherence.
• Analyzing and documenting intercompany transactions for alignment with arm's length principles, encompassing adjustments, royalties, and management fees.

Foreign Exchange Management

• Executed diverse foreign exchange transactions ensuring compliance with regulations, facilitating international trade and hedging activities.
• Managed cross-currency transactions, optimizing risk management and mitigating the impact of currency fluctuations.

Auditing

• Annual Books closure & preparation of financial statements in Sch III format.
• Developed and implemented audit plans for statutory audits, GST tax audits, and MCA compliance audits.
• Planning and execution of various statutory audit procedures including Ratio Analyzing and interpreting the results to mark the observations.

MIS Reporting

• Developed and generated MIS reports on a regular and ad-hoc basis.
• Analyzed data to identify trends, patterns, and anomalies, providing actionable insights to management.
• Presented findings and recommendations from MIS reports to senior management and key stakeholders.

Tax Audits

• Preparation of Form 3CA, 3CB and 3CE Reports
• Compliance with TDS Provisions
• Compliance with various sections of Income Tax Act mentioned in Form3CD other Ancillary Activities

GST & Direct Tax Compliances

• GST – Computation, preparation & filing of GST monthly and annual returns.
• Maintenance of all registers, documents, forms, and other information.
• Handling TDS Matters- Computation, Remittance, Quarterly Returns, Generating form 16 & from 16A and reconciliation with form 26AS.
• Ensured compliance with ROC regulations by conducting regular audits and assessments of company filings and records.