Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Koti Satish Parimi

Hyderabad

Summary

Dynamic financial leader with 15 years of experience in strategic financial leadership and operational efficiency. Successfully guided financial planning, analysis, and risk mitigation strategies leading to enhanced corporate strategy alignment and compliance excellence. Seeking to leverage financial acumen and leadership skills to drive substantial business growth and operational resilience in a forward-thinking organization.

Overview

15
15
years of professional experience

Work History

Associate Vice President - Finance

VSoft Technologies Pvt Ltd
Hyderabad
07.2010 - 01.2025

Driving Financial Excellence.|Strategic Planning.|Operational Efficiency.

Strategic Financial Leadership:

  • Provide financial insights and recommendations to the Board, senior leadership, and CFO to drive business growth.
  • Partner with leadership teams to ensure strategic decision-making, backed by data-driven financial insights.
  • Assess financial risks, and implement strategies for mitigation and operational resilience.
  • Lead the FP&A team, aligning financial objectives with corporate strategy.

Financial Planning and Analysis:

  • Spearhead budgeting, forecasting, and long-term financial planning to align with the company's strategy.
  • Develop and analyze financial models, KPIs, and business performance metrics to drive operational efficiency.
  • Lead financial reporting, generate standalone and consolidated annual reports in compliance with the Companies Act.

Accounting, Compliance, and Regulatory Oversight:

  • Oversee accounting policies & procedures for Revenue recognition, Reconciliations, Period end activities, AR and AP management
  • Oversee financial operations, including accounting, reporting, and internal controls (in India and partially in the US).
  • Ensure compliance with tax regulations, RBI submissions, FEMA, and corporate governance.
  • Supervise statutory audits, regulatory filings, and tax planning in collaboration with auditors and consultants.
  • Maintain up-to-date knowledge of corporate taxation, GST, and financial regulations impacting businesses.
  • Coordinate and represent the company in matters of income tax, GST, PF, ESI, DGCEI, ROC, and other government agencies against notices, assessments, and appeals, both solely and in consultation with consultants and auditors.
  • Implement risk management policies, and strengthen internal financial controls to prevent fraud and inefficiencies.

Cash Flow & Treasury Management:

  • Optimize cash flow and working capital for financial stability, and draw a balance between business operations and fund management.
  • Lead banking relationships, investment strategies, funding arrangements, and CMA preparations.
  • Develop and implement currency risk mitigation strategies.

Operational Finance & Cost Optimization:

  • Drive financial discipline across procurement, supply chain, and vendor management.
  • Partner with HR, Presales, Marketing, Sales, Product, and Customer Success teams to optimize pricing, profitability, and revenue operations.
  • Monitor project-based financial planning, cost analysis, and cash flow for business ventures.
  • Identify cost-saving opportunities and operational efficiencies through rigorous financial analysis.
  • Through the evaluation of tender details, analyze costing, and participate in sales tenders.

Team Leadership and Digital Transformation:

  • Lead and mentor high-performing finance and accounting teams.
  • Drive automation and process improvements in financial reporting, billing, and compliance.
  • Implement best practices to enhance operational efficiency and scalability.

Other Areas:

  • Coordinate and assist HR, process payroll, and review fund and payment processing with zero errors.
  • Lead generation and distribution of Form 16 and 16A's in respect of tax deductions.
  • Drive automation and process improvements in financial reporting, billing, and compliance.

Education

Audit Assistant -

Lalith Prasad And Co. Chartered Accountants
Hyderabad
06-2010

Chartered Accountant -

ICAI
First Attempt
01.2009

Cost Accountant -

ICWAI
First Attempt (AIR-13)
01.2008

B.Com -

Acharya Nagarjuna University
First Class (74%)
03-2006

Skills

  • Tally ERP
  • QuickBooks
  • Goodwill ERP
  • Sage Accpac
  • Windows
  • MS Office
  • Internet of Things
  • Internet of Things

Languages

Telugu
First Language
English
Advanced (C1)
C1
Hindi
Upper Intermediate (B2)
B2

Timeline

Associate Vice President - Finance

VSoft Technologies Pvt Ltd
07.2010 - 01.2025

Audit Assistant -

Lalith Prasad And Co. Chartered Accountants

Chartered Accountant -

ICAI

Cost Accountant -

ICWAI

B.Com -

Acharya Nagarjuna University
Koti Satish Parimi