Laxmi Prasad Pilla

• In capacity of Manager of Finance and Accounts at "Nauka Global Lines Private Limited", oversight of company's financial operations is undertaken. Ensuring accuracy and integrity of financial data, managing budgeting and forecasting processes, and implementing strategic financial planning initiatives are part of responsibilities. Under leadership provided, finance team has excelled, implementing efficient financial reporting systems.
• Cost-saving measures have been spearheaded, optimizing financial performance, resulting in significant reduction in expenses by 15% annually. Leveraging strong analytical skills, comprehensive financial analysis is conducted, providing actionable insights that have led to 20% increase in profit margins year-over-year.
• Implemented efficient tax planning strategies and streamlined generation of month-end sales invoices, resulting in reduction of over 30% in GST payable.
• Effectively managed all aspects of foreign funding and facilitated smooth transition of management under guidance of Company Secretary.
• In addition to driving financial growth, responsibility lies in ensuring compliance with financial regulations and statutory requirements. Through meticulous oversight,100% compliance record has been maintained, safeguarding company against regulatory risks.
• Overall, got with provided opportunities has shown robust ability to manage financial operations effectively has been demonstrated, driving tangible growth and contributing significantly to success of organization.
• Developed strong company culture focused on employee engagement, collaboration, and continuous learning opportunities.
• Managed budgets effectively, ensuring optimal financial performance while investing in necessary resources for business growth.
• Launched new products and services with thorough market research, leading to increased revenue growth.
• Successfully managed team of 5 accounts and finance professionals, providing guidance and support to foster their professional development and drive their success.
• Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
• Built high-performing teams through effective recruitment, onboarding, and talent development initiatives.
• Facilitated successful cross-functional collaborations f completion of key projects, fostering strong working relationships among team members.
• Drove operational efficiency through data-driven decision-making processes, leveraging analytics tools for informed strategy development.
• Streamlined workflows by identifying bottlenecks in existing systems and proactively addressing these challenges through appropriate solutions implementation.
• Led change management initiatives to drive organizational transformation without compromising employee morale or productivity levels.
• Established robust risk mitigation strategies to safeguard against potential operational challenges or disruptions.
• Mentored junior team members for career advancement, fostered pipeline of future leaders within organization.
• Maximized performance by monitoring daily activities and mentoring team members.
• Accomplished multiple tasks within established timeframes.
• Cross-trained existing employees to maximize team agility and performance.
• Maintained professional, organized, and safe environment for employees and patrons.
• Managed and motivated employees to be productive and engaged in work.
• Planned and budgeted accurately to provide business with resources needed to operate smoothly.
• Established team priorities, maintained schedules and monitored performance.
• Developed detailed plans based on broad guidance and direction.
• Successfully managed budgets and allocated resources to maximize productivity and profitability.
• Streamlined and monitored quality programs to alleviate overdue compliance activities.
• Reduced waste and pursued revenue development strategies to keep department aligned with sales and profit targets.

• As Manager of Finance and Accounts at Accounting Minds, played pivotal role in driving financial and Accounting operations of company
• Successfully managed financial planning and budgeting processes, monitored sales performance, and implemented strategies to optimize revenue generation
• Also oversaw preparation of financial reports, ensuring accuracy and compliance with regulatory requirements
• Utilized leadership and teamwork skills to collaborate with cross-functional teams, aligning sales and finance objectives to drive overall business growth
• Additionally, got opportunity to implement effective sales linked financial strategies, identified new business opportunities, and nurtured relationships with key clients
• Utilized financial acumen to provide insights and recommendations that supported informed decision-making and contributed to achieve of targets
• Throughout tenure, consistent demonstration of strong leadership skills, effective communication, and results-oriented mindset was evident.
• Successfully managed team of 3 accounts professionals, providing guidance and support to foster their professional development and drive their success.
• Enhanced cash flow management by closely monitoring accounts receivable and payable, reducing outstanding balances.
• Identified cost-saving opportunities through comprehensive analysis of expenses, leading to significant savings for company.
• Efficiently managed tax obligations for company, preventing penalties and ensuring timely filings.
• Streamlined financial processes by implementing efficient accounting systems and procedures.
• Managed payroll processing efficiently while ensuring compliance with labor laws and regulations.
• Reduced time spent on financial reporting by automating data collection and analysis.
• Facilitated informed decision-making for senior management by providing timely financial reports highlighting performance metrics and trends.
• Mentored junior finance team members, empowering them to take on additional responsibilities as they developed their skills.
• Coordinated cross-functional teams during annual budgeting process to align departmental goals with overall corporate objectives.
• Created organizational structures to improve accounting and finance functions.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Forecasted trends and recommended improvements based on financial risk analyses.
• Evaluated and negotiated contracts to procure favorable financial terms.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Complied with established internal controls and policies.

• During tenure as Finance Evaluator at Andhra Pradesh State Aids Control Societies, played crucial role in evaluation and analysis of financial data to support decision-making and ensure financial accountability
• Thorough financial assessments were conducted, areas for improvement were identified, and recommendations were provided to enhance financial efficiency
• Collaboration with cross-functional teams occurred to develop and implement financial strategies and policies
• During tenure inspected 8 NGO's and updated timely reports to senior management.
• Utilized expertise in financial analysis to identify potential risks and opportunities, and guidance was provided to mitigate risks and maximize financial performance
• Furthermore, contributions were made for preparation of financial reports and presentations for senior management, ensuring compliance with regulatory requirements
• Active participation was also observed in budgeting and forecasting processes, providing valuable insights and contributing to development of accurate financial projections
• Finance Evaluator role allowed utilization of strong analytical skills, attention to detail, and ability to work collaboratively in team environment
• Deadlines were consistently met, and high-quality work was delivered, contributing to overall success of organization.
• Streamlined evaluation process for increased efficiency, leading to faster decision making.
• Collaborated with cross-functional teams to ensure comprehensive evaluations and recommendations.
• Analyzed complex datasets to identify patterns and insights for improved program outcomes.
• Implemented quality control measures that significantly reduced errors in evaluations and reports.
• Developed new evaluation methodologies that improved overall quality of assessments.
• Assisted in developing inspection and testing protocols.
• Monitored product quality at all stages of production process.
• Recorded inspection and test results on data sheets.
• Updated quality control records and reports.

• Delivered regular financial presentations to senior management, facilitating informed decision-making processes.
• Established best practices for procurement activities by conducting vendor evaluations and negotiating advantageous contracts.
• Enhanced budget management by closely monitoring expenses and identifying cost-saving opportunities.
• Achieved 95% collection rate for accounts receivable during tenure.
• Managed cash flow effectively through vigilant monitoring of incoming revenue streams and outgoing payments schedules.
• Mentored junior finance staff members, fostering environment of continuous learning and professional development.
• Assisted in development of long-term financial strategies, supporting overall company objectives.
• Ensured timely completion of month-end closing procedures for accurate financial statements.
• Increased efficiency in accounts payable and receivable, implementing robust tracking systems.
• Supported annual budget preparation process by providing detailed analysis of historical data and future projections.
• Reviewed and improved internal controls, enhancing overall financial integrity within company.
• Created organizational structures to improve accounting and finance functions.
• Reviewed documentation and identified financial discrepancies where applicable.
• Forecasted trends and recommended improvements based on financial risk analyses.

Trained over 400+ students over more than 6 years as personal coach, taught to students of CA, CMA, CMA USA, MBA, BBA, BCOM.