Srikanth Reddy Lakkadi

Company Overview: BMS is a global biopharmaceutical company whose mission is to discover, develop, and deliver innovative medicines that help patients prevail over serious diseases. It was started in the year 1858.

• Prepared and presented projections of fringe benefits for the North America region to the Executive Director.
• Calculated fringe gain or loss compared to actual payments versus accruals.
• Conducted variance analysis between actual and budgeted data for fringe benefits (payroll).
• Submitted estimations for budget allocations, and monitored compliance.
• Prepared balance sheet reconciliations, ensuring accuracy and compliance with GAAPs.
• Reviewed reconciliations in accordance with C5 standards, ensuring financial integrity.
• Conducted balance sheet flux analysis, and prepared detailed reports for senior directors.
• Managed the preparation and posting of true-up entries in SAP, ensuring financial accuracy.
• Approved entries in the JET tool to maintain audit readiness and compliance.
• Checked and approved monthly MDC checks to ensure financial accuracy and completeness.
• Received knowledge transfer from U.S. counterparts, ensuring seamless process continuity.
• Prepared detailed training materials (DTPs) for process documentation and improvement.
• Created reports, presentations, and other documentation for stakeholders.
• Identified opportunities for process improvements across the organization.
• Utilized visualization tools such as Tableau or Power BI to present findings.

Company Overview: Satyam Venture Engineering Services (Satven) was established in the year 2000 with a singular focus and objective – to cater to the varied and complex design and engineering needs of the automotive industry. Satven is a truly global organization with engineering centers in Germany (Munich and Rüsselsheim) and India (Hyderabad and Chennai), sales and marketing offices in Detroit, Munich, Shanghai, and Hiroshima, and its corporate offices in Hyderabad.

• Proficiently managed the accruals process, aligning entries with the periods stipulated in agreements and purchase orders, ensuring precise financial reporting.
• Conducted thorough bank reconciliations, promptly identifying variances, and rectified discrepancies by passing the necessary journal entries.
• Prepared monthly rental schedules, meticulously comparing them with rental agreements, and executing accurate accounting entries.
• Assigned TDS rates to vendors in the vendor master database, ensuring adherence to tax regulations, and precise deductions.
• Collaborated with the commercial department to create fixed assets in accordance with purchase orders, maintaining comprehensive records.
• Take data from the ERP relating to fixed assets, and prepare the MIS report relating to depreciation and amortization, and compare the WDV with the tax WDV.
• Regularly monitored the general ledger to ensure timely and accurate payments for contract employees, and ensured compliance for payments to outside India.
• Conducted vendor reconciliations by meticulously comparing Synergy data with accounting records, and reconciling any disparities.

Company Overview: Endo commenced operations in 1997 by acquiring certain pharmaceutical products, related rights, and assets from the DuPont Merck Pharmaceutical Company. Today, Endo International plc has transformed into a specialty pharmaceutical company committed to helping everyone we serve live their best life through the delivery of quality, life-enhancing therapies.

• Extracted financial data using Financial Statement Versions, and conducted in-depth analysis, providing valuable insights for financial reporting.
• Prepared bank reconciliation statements and posted variances to maintain financial accuracy.
• Conducted detailed comparisons of SAP balances with bank statements, examining line items meticulously.
• Extracted reports from SAP to support financial analysis and reporting.
• Managed accruals and reversals, ensuring accurate accounting entries.
• Valuated foreign currency revaluation on a monthly basis and posted results into SAP.
• Calculated and posted employee benefits valuations, month by month, in SAP.
• Pulled cash statements from BOA on WD1 in various formats, and performed a detailed analysis on the statements.
• Handled GL PEC (Period End Closing) activities efficiently.
• Prepared SLAs (Service Level Agreements) and consolidated them on a monthly basis.
• Prepared, reviewed, and updated Standard Operating Procedures (SOPs) to enhance process efficiency.
• Conducted the clearing of open items in the accounts.
• Performed periodic reconciliations of various GL, vendor, and customer accounts, reviewing reconciliations prepared by others, and promptly addressing any discrepancies.

Company Overview: Heineken is a Dutch multinational brewing company, founded in 1864 by Gerard Adriaan Heineken in Amsterdam. As of 2019, Heineken owns over 165 breweries in more than 70 countries. It produces 348 international, regional, local, and specialty beers.

• Generating the reports using the Financial Statement version, as per requirements.
• Assist in the smooth closing of month-end and year-end activities, like accruals and reconciliations.
• Monthly closing procedures in SAP.
• Requirement gathering from the client for report development, and facilitated the transfer of the same requirements to the development team.
• Preparation of End User Manuals (SOP), and based on that, we give training to new joiners.
• Coordination with technical consultants for new developments and enhancements.
• Successfully delivered reverse knowledge transfer (KT) to Italian people.
• Prepared SLAs and KPIs for the team.
• Created process documentation including flowcharts, SOPs, job aids and work instructions.

Managed end-to-end fund accounting processes with precision and compliance.
Prepared and delivered NAV reports, ensuring compliance with SLA timelines.
Maintained and updated master data in Yardi, AXI, and Investran for new funds, investors, and investments,
supporting accurate reporting.
Prepared and delivered monthly and quarterly trial balances.
Produced capital calls, distribution statements, and PCAPs, facilitating timely cash flow management.
Calculated carried interest through waterfall modeling.
Prepared accruals and schedules for tax, rental, administrative, and incorporation expenses.
Recorded client-updated expenses in real time to ensure accurate day-to-day operations.

Company Overview: MV & Co. is a consultancy firm and provides services such as the preparation of budget reports, financial planning, accounting services, auditing, and taxation services.

• Preparation and presentation of periodical financial statements in accordance with GAAPs.
• Preparation of forecasted project reports based on previous financial statements and industry changes.
• Continuous GL Review and Trial Balance Audit.
• Ensuring the compliance of statutory, taxation, and regulatory acts.
• Analysis of Variances for Corresponding Financial Statements.
• Prepared CMA data for project loans.

Company Overview : ARR is a well-established Chartered Accountancy firm with over 50 years of experience. During my tenure, I gained extensive exposure to diverse industries, including pharmaceuticals, aerospace, food processing, banking, and manufacturing.

• Conducted statutory audits for a wide range of public and private companies in compliance with GAAP and auditing standards.
• Prepared detailed audit reports, including statutory, internal, and tax audits, to ensure financial transparency and accuracy.
• Ensured compliance with tax audit requirements by verifying records and preparing statutory forms (Forms 3CA, 3CB, and 3CD).
• Managed the preparation and filing of income tax returns, computed taxable income, and ensured compliance for companies, individuals, firms, and charitable institutions.
• Handled GST filings, registrations, and compliance-related activities.
• Gained practical experience in U.S. taxation principles and procedures.
• Performed internal and concurrent audits, identifying areas for financial and operational improvement.