Summary
Overview
Work History
Education
Skills
Languages
Hobbies and Interests
Disclaimer
Technical Skills
Personal Information
Timeline
Generic
K CHENGALA RAYUDU

K CHENGALA RAYUDU

Banashanakari

Summary

Results-driven Associate Manager with nine years of experience. Dynamic accounting professional with extensive experience at Ernst & Young LLP, adept in Oracle Fusion, Zoho Expense Tracker and Tally ERP 9. Proven track record in streamlining processes and enhancing team performance. Strong analytical skills complemented by effective stakeholder management, driving successful ERP implementations, and achieving operational excellence.

Overview

9
9
years of professional experience

Work History

Assistant Manager

Ernst & Young LLP
Bangalore
04.2021 - Current
  • Led and managed a team of experienced accounting professionals, ensuring smooth operations and high performance.
  • Oversaw Accounts Payables, Procure-to-Pay (P2P) processes, employee reimbursements, foreign invoice processing, and treasury operations.
  • Spearheaded the implementation of ERP systems and streamlined end-to-end accounting processes.
  • Allocated non-trade invoices to team members on a daily basis and maintained a daily invoice tracker.
  • Validated invoices, processed payments, and accounted for invoices on a daily basis within the ERP system.
  • Reviewed and ensured accuracy of invoice accounting upload files before processing into ERP.
  • Established an accounting review mechanism, including checking ITC reports, identifying accounting errors, and coordinating with the team for necessary corrections.
  • Efficiently processed vendor invoices and maintained a vendor payouts tracker for future reference.
  • Reconciled accounting entries with invoice trackers to ensure all invoices were accounted for within the ERP system.
  • Managed vendor ledger statement reconciliations, balance confirmations, and coordinated with teams for timely vendor payment clearance and advance adjustments.
  • Calculated and accounted for monthly provisions and accruals based on data provided by supporting teams.
  • Performed GSTR-2A reconciliation and followed up with landlords and vendors for GST-related issues on a monthly basis.
  • Supported monthly and periodic book closures, including provisional and accrual adjustments, and conducted duplicate invoice checks.
  • Prepared schedules for prepaid expenses and security deposits.
  • Conducted month-end QC, ensuring the accuracy of non-trade PR data for GST ITC.
  • Prepared TP schedules, Open PO reports, and advance and payables reports.
  • Acted as the point of escalation, performing root cause analysis to resolve issues.
  • Managed internal and external stakeholder relationships effectively.
  • Led the implementation of approval workflows based on FDOA and policy upgrades.
  • Successfully implemented Oracle Fusion ERP & Zoho Expense Tracker, covering P2P, Accounts Payable, GL, and Treasury modules.
  • Gained hands-on experience in various ERP accounting software, including Oracle, SAP, Microsoft Dynamics Navision, and Zoho Books.
  • Provided quarterly and year-end performance feedback to subordinates.
  • Demonstrated the ability to work under pressure and meet tight deadlines.
  • Managed the vendor onboarding process and conducted due diligence.
  • Addressed tax implications and responded to tax-related queries.

Accounts Associative

R J M J & Associates
Bangalore
05.2019 - 04.2021
  • Prepared daily procurement vendor payment files and recorded procurement invoices in ERP.
  • Reconciled procurement vendor ledgers internally on both a daily and monthly basis.
  • Conducted detailed vendor ledger reconciliations, ensuring alignment with vendor statements.
  • Created and sent daily procurement payment trackers with UTRs to city teams for timely updates.
  • Generated and maintained monthly procurement vendor aging reports to monitor outstanding payments.
  • Managed the creation and approval of purchase orders (POs) and invoices using Finly software.
  • Prepared daily non-trade payment files, including PO advances, rent payments, and other non-trade expenses, and uploaded them to the bank portal.
  • Processed various payments including trade payments, DE salaries, fuel payments, and salary payments via the bank portal.
  • Managed monthly processing of GST, TDS, PT, ESIC, and PF payments.
  • Updated daily bank statements, checked payment reversals, and uploaded non-trade payment UTRs into Finly.
  • Registered foreign vendors and processed foreign payments using the Trade on Net feature in the bank portal.

Executive Accountant

RVM Foundation (Humanitarian Hands)
Bangalore
06.2018 - 05.2019
  • Collaborated closely with the Accounts Manager to receive daily cash collection data and entered cash collections into ERP.
  • Reconciled vendor outstanding reports, processed payments to vendors based on aging, and deducted TDS on a contract basis.
  • Prepared daily Bank Reconciliation Statements (BRS) for all bank accounts in ERP.
  • Processed payments via cheque and ensured timely settlements.
  • Raised monthly rental, CAM (Common Area Maintenance), electricity, and water invoices, including GST, and provided them to respective tenants.
  • Collected monthly rent, CAM, electricity, and water charges from tenants, deposited the amounts into the bank, and recorded the receipts in ERP.
  • Processed salary payments each month, calculated TDS on salaries, and deducted the appropriate TDS from employees' pay.
  • Managed monthly TDS remittance (on salary, professional charges, and contracts) and TCS remittance before the due date.
  • Filed quarterly TDS returns online and generated FVU files using TDS Saral software.
  • Finalized monthly GST payable, filed GSTR-1, calculated input tax credit (ITC) from GSTR-2A on the GST portal, and made GST payments through GSTR-3B.
  • Recorded monthly donations received from executives, made receipt entries in Tally, and deposited the donations into the bank.

Internal Auditor

SIVASHAKTHI BIO TECHNOLIGIES PVT. LTD
Hyderabad
01.2016 - 10.2017
  • Conducted monthly branch audits for branches across India.
  • Reviewed financial records, including cash books and physical cash.
  • Verified physical vouchers, including cash and bank payment receipts, journal vouchers, and contra vouchers.
  • Verified Bank Reconciliation Statements (BRS).
  • Audited sales revenue and commission calculations.
  • Conducted service audits and verified Tally ERP 9 transactions (cash payments/receipts, JVs, etc.).
  • Verified administrative records (stationery registers, movement registers, attendance records).
  • Audited HR records, including recruitment details.
  • Prepared audit reports and discussed findings with branch heads.
  • Performed production audits (product production and material checks).
  • Conducted transportation audits, verifying dispatched/returned units and transportation costs.
  • Verified physical stock and stock records (dispatched and returned stock).
  • Reconciled revenue (actual vs. Tally revenue, employee-wise) and earnings (actual vs. ERP payments).
  • Cross-checked stock records between branches and units.
  • Discussed audit reports with department heads (HODs).

Education

B.COM - Commerce

Sri Sai Degree& Pg college

INTER - Commerce

Sri Venkateswara Junior college

10th - SSE

Z P H School

Skills

Enterprise Resource Planning (ERP) skills:

  • Tally ERP 9 GST Version
  • Microsoft Navision Dynamics (NAV)
  • Oracle Fusion
  • Zoho
  • SAP FICO and S/4 HANA

Expense Management Application (EMS) - Skills:

  • SAP Concur
  • Finly
  • Zoho Expense Tracker

MS Office

Languages

  • English
  • Hindi
  • Telugu
  • Kannada

Hobbies and Interests

  • Reading books (business, finance, and personal development).
  • Solving puzzles and engaging in strategic games (e.g., chess) to improve problem-solving skills.
  • Traveling and experiencing new cultures.

Disclaimer

I hereby declare that the information provided in this resume is true, accurate, and complete to the best of my knowledge and belief.

Technical Skills

TALLY ERP 9 GST Version, Microsoft Navision dynamics (NAV), Oracle Fusion, Zoho, SAP FICO & S4 HANA, SAP Concur, Finly, Zoho Expense Tracker, MS Office

Personal Information

  • Father's Name: K. Eswaraiah
  • Date of Birth: 06/02/92
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Married
  • Religion: Hindu

Timeline

Assistant Manager

Ernst & Young LLP
04.2021 - Current

Accounts Associative

R J M J & Associates
05.2019 - 04.2021

Executive Accountant

RVM Foundation (Humanitarian Hands)
06.2018 - 05.2019

Internal Auditor

SIVASHAKTHI BIO TECHNOLIGIES PVT. LTD
01.2016 - 10.2017

B.COM - Commerce

Sri Sai Degree& Pg college

INTER - Commerce

Sri Venkateswara Junior college

10th - SSE

Z P H School

Similar Profiles

CREATE PROFILE
K CHENGALA RAYUDU