Hem Kumar Mallela

Client: ATM manufacturing & Banking support industry

• Reviewed and posted month end journal entries
• Assisting the manager in planning, directing and coordinating the daily activities for the team members
• Managed month end closing activities, ensuring timely and accurate completion of financial processes
• Conducted thorough and precise preparation and review of bank and balance sheet accounts reconciliations in Blackline/Oracle EPM, identifying and addressing discrepancies
• Preparing monthly profit and loss variance analysis. Analyzing the variances between budgeted and actual data based on Business Area wise & cost unit wise.
• Monitoring activities in all accounts, reconciled sub-ledger to general ledgers and resolving the differences.
• Proactively resolved balancing items and discrepancies, collaborating with cross functional teams to ensure accurate financial reporting
• Managing Time Sheet on monthly basis and scheduling roster to team
• Actively doing roll forwarding activities
• Maintaining DTP on process module

• Handled a team of 4 people to perform various tasks as assigned from time to time and to comply with the statutory deadlines.
• Good exposure in finalization of accounts, Statutory Filings, Tax Compliances of various corporate and non-corporate clients.
• Ensuring Compliance with Generally Accepted Accounting Principles.
• Analysis of Financial Statements in the form of key financial ratios.
• Balance sheet Analysis and MIS Reporting.
• Review of Operational and Financial records like Budgets and Management reports for day-to-day operations.
• Review of general ledger and reconciliation of various balance sheet accounts.
• Validation of Debtors and Creditors Reconciliation.

• Gained good exposure in preparation of financial statements from maintenance of books of accounts to finalization.
• Registration of Companies, Partnership firms and LLP with related legal drafting.
• Conducted Statutory and Concurrent Audit of various Public Sector Banks.
• Strong working experience in Income tax, GST, and other tax compliances.
• Preparation of Cash flow statements, Debtors and Creditors ageing,
• Bank, Vendor, Debtor Reconciliation Statements.

• Gained good exposure in Bookkeeping, Audit and statutory filings of various Corporate and SME clients.
• Handled incorporation of new businesses under various local laws including drafting of statutory documents of all types.
• Vouching and Verification of Books of Accounts.
• Other areas of exposure include Financial analysis, Bank Audit, Stock Audit, Revenue Audit, etc.