Lakshmi Tapathi Addagalla

• Providing overall support for period end results by ensuring all the expenses are recorded
• Supporting accurate forecasting by validating financial data and key business drivers
• Ensuring the numbers are aligning over all the tools and reconciling the differences
• Leading performance analysis and reporting for function
• Possess strong knowledge of Mosaic and actively monitor system updates to ensure optimal usage
• Developing AOP which is an extensive work involving co-ordination of various teams
• Owning and managing of Advertising and Marketing costs and Discounts &Allowances costs across Europe markets (around 50 markets)
• Co-ordination with marketing and Accounts payable teams to ensure claims are processed on timely manner (30 members)
• Led the successful implementation of a new budget management template, improving automation

In my Current role in Commercial Finance:

• Leverage P&L knowledge for Revenue analysis to drive decisions
• Understanding business knowledge and applying in preparation of insights for the different weekly and periodic reports
• Streamlined POR's across all portfolios by automating tasks.
• Preparation of Customer/Brand Profit and loss accounts
• Conducting in-depth financial analysis for providing actionable insights for senior management team members.
• Analyzing the plan/forecast numbers and comparing them with actuals to understand the brand performance
• Develop PowerPoint presentations to communicate business results and insights
• Providing insights by analyzing competitor performance.
• Facilitate and coordinate multiple deadlines and respond quickly to management requests
• Prepare annual Budgets and forecasts and analyze data for planning and decision support
• In Supply chain: Leverage P&L knowledge to drive decisions
• Preparation of agro reports for actuals, forecast, and perform variance analysis
• Prepare annual Budgets and forecasts and analyze data for planning and decision support
• Preparation of Customer/Brand Profit and loss accounts and providing insights

In my Previous role in A&M Team as Analyst:

• Provide analytic support to marketing teams on actuals and forecast
• Regular connect with marketing teams and provide support on SAP and budget issues
• Preparing PowerPoint presentation to communicate A&M results and insights to Marketing Director
• Preparation of Innovation tracker of 3 years projects and providing insights to the market
• Calculation of curve for month end journal posting
• Perform Controls testing quarterly to ensure that all controls are qualified
• Standardizing A&M reports across APAC markets by collaborating with finance and IT teams
• Provide overall support for the period end book closure by reviewing provisions, accruals and creditor balances along with evidences and confirmations.

• Reporting and compliance issues of financial statements
• Preparation of Schedules for Financials
• Coordinate with internal and/or external auditors to ensure effective and efficient processes and compliance with all Sarbanes-Oxley requirements
• End to end analysis of the financial statements and various key parameters
• Quality of the internal controls placed by the company in various processes
• Sound knowledge on TDS
• Reconciliation of intercompany transactions, Related Party Transactions and providing related party checklist to group companies
• Review payroll & Posting of salary accrual entries
• Fixed assets activity involves accounting of Fixed asset POs, running depreciation and maintaining of FAR
• Prepare required quarterly and year-end financial reporting schedules
• Actively involved in preparation Yearly AOP based on revenue targets for all the PNL items which involves deep dive of past 3 years data
• Involved in preparation of budget for 2019 on data basis of 2018
• Preparing recast after year end to provide year end adjustments
• Doing 4+8, 6+6, and 9+3 forecast
• Preparing MIS for Board Meeting
• Preparation of Monthly MIS which includes the below
• I. Variance analysis between budget and actuals ii. Cash Flow statement.
• Streamlined month-end closing process by automating tasks and establishing clear deadlines.
• Enhanced financial reporting accuracy with thorough data analysis and reconciliation.
• Managed budget preparation, monitoring, and forecasting to ensure fiscal responsibility.
• Ensured compliance with regulations through diligent auditing and adherence to policies.
• Supported annual audit process by preparing detailed schedules, reconciliations, and responding promptly to auditor inquiries .
• Reduced expenses for the department by identifying cost-saving opportunities and negotiating vendor contracts.
• Provided ad-hoc financial analysis support for various projects throughout the organization as needed .
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.

• Costing Roles: Raw Material Accounting
• Calculating cost of production of power produced
• Preparing Estimates on Monthly and quarterly Basis for working capital Requirements
• Variance Analysis of Raw Materials, Sales with Budget and Actuals
• Maintenance of Cost Records and Completion of Cost Audit with Nil Observations as per Companies Act 2013
• Finance Roles: Planning for Vendor Payments as per Aging
• Ensuring Month end Books Closure by 3rd of next month
• Preparing Balance Sheet and obtaining sign off by 5th of the subsequent month
• Preparing Weekly and Monthly MIS and circulating to Heads for their decision making on time
• Ensuring Statutory compliances of the organization
• Vendor Ledgers Reconciliation
• Ensuring completion of Cost Audit, Transfer price audit, Statutory Audit
• Preparing MIS for Board Meeting
• Ensuring 0 Audit Observations for Internal Audit.