Summary
Overview
Work History
Education
Skills
Hobbies
Languages
Timeline
Generic

Lakshmi Vemula

Tenali

Summary

Dynamic Finance Executive with a proven track record at Wowidays Leisure India Pvt Ltd, enhancing cash flow and driving revenue growth through strategic financial controls and effective budget management. Adept at mentoring teams and implementing robust audit preparations, ensuring compliance and fostering a culture of excellence within the finance department.

Overview

3
3
years of professional experience

Work History

Finance Executive

Wowidays Leisure India Pvt Ltd
09.2022 - 10.2023
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Working with the Tally software and other accounting software for accounting entries
  • Implemented financial systems that increased efficiency in reporting, budgeting, and analysis tasks.
  • Enhanced company cash flow with diligent accounts receivable management and timely collections.
  • Increased revenue by identifying and implementing cost-saving measures in financial processes.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Mentored junior finance staff members, fostering a culture of continuous development within the finance department.
  • Collaborated with external auditors to ensure the timely and accurate completion of annual audits, minimizing potential risks and maintaining a strong reputation for financial integrity.
  • Reduced financial risk, implementing robust internal audit procedures and controls.
  • Developed long-term strategic plans for sustainable growth, working closely with executive leadership team members.
  • Initiated process improvements that reduced month-end closing times, increasing the efficiency of the finance department''s reporting functions.
  • Collaborated with C-level executives and stakeholders to develop long-term financial plans.
  • Partnered with non-finance departments to provide support in areas such as pricing strategies, contract negotiations, or other activities impacting the organization''s bottom line.
  • Manage P&L and BS accounts, responsible for month end closure, accounting & book keeping, preparation & review of internal reports and
    analysis.
  • Collaborate with auditors during annual audit, ensuring compliance with
    accounting standards.
  • Processing of employee expense & travel claim reimbursements and review
    of expense reports for compliance with the company policy and other
    regulations.
  • Responsible for a part of treasury work that involves monitoring bank
    accounts for fund projections, supplier payments, monitor customer collections & internal fund transfers.

Junior Finance Executive

M/s M P Ravichand & Co
05.2020 - 08.2022
  • Increased accuracy in financial reporting by diligently reviewing and reconciling accounts to ensure proper allocation of expenses.
  • Manage weekly payment runs, ensuring accurate and timely disbursement by scheduling payments based on invoice terms & company policy.
  • Responsible for regular invoice processing that includes, collection & verification of supplier invoice, matching with purchase order, invoice
    accounting and proper tax compliances.
  • Handling accounts payable activities, from vendor onboarding to payment
    processing.

Education

MBA - MBA Finance

Potti Sriramulu Chalavadi Mallikarjunarao College
Vijayawada, India
03-2020

Bachelor of Science - Computers

Kakraparti Bhavanarayana College
Vijayawada
03-2018

Intermedieate

Jaggayyapet Junior College
Jaggayyapeta, India
03-2015

10th

Little Angels High School
Jaggayyapet
03-2013

Skills

  • Cash flow management
  • Business forecasting
  • Audit preparation and response
  • Financial controls
  • Budget management
  • Working capital management
  • Revenue growth
  • Forecasting
  • Debt management
  • Investment strategies

Hobbies

Listening Music


Languages

English
Advanced (C1)
Hindi
Upper intermediate (B2)
Telugu
Bilingual or Proficient (C2)

Timeline

Finance Executive

Wowidays Leisure India Pvt Ltd
09.2022 - 10.2023

Junior Finance Executive

M/s M P Ravichand & Co
05.2020 - 08.2022

MBA - MBA Finance

Potti Sriramulu Chalavadi Mallikarjunarao College

Bachelor of Science - Computers

Kakraparti Bhavanarayana College

Intermedieate

Jaggayyapet Junior College

10th

Little Angels High School

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Lakshmi Vemula