MADHURI VATCHAVAYI
Hyderabad
Summary
Experienced Deputy Finance Manager with a strong background in budgeting, financial reporting and auditing. Demonstrates proficiency in strategic financial planning, risk management and regulatory compliance. Possess leadership skills necessary to oversee finance teams and drive improvements for financial processes and policies. Made significant contributions to previous employers by streamlining financial operations, improving accuracy of financial data, and enhancing overall business performance.
Overview
6
6
years of professional experience
Work History
Deputy Manager
ITC Limited
Hyderabad
12.2022 - Current
- Heading Income and Credit function, along with F&B controls, at ITC Kohenur.
- Supervising financial accounting of revenue, indirect taxes, and monitoring of statutory compliances.
- Managed credit, client assessment, revenue management, budgeting, and forecasting.
- Ensured audit compliance, variance analysis, cost control, and financial reporting.
- Leading monthly closure of financial books, ensuring accuracy, timeliness, and compliance with accounting standards.
- Trained and mentored junior staff, ensuring they were well-versed in ITC's financial processes and standards, fostering a culture of continuous improvement.
- Identified and implemented process improvements to enhance the efficiency and effectiveness of financial controls across the hotel's operations.
- Coordinated with other departments to ensure smooth functioning of activities.
- Conducted performance appraisals for subordinate staff members and provided feedback on their performance.
- Monitored daily operations and ensured compliance with company policies and regulations.
- Assisted in recruitment, selection, training, and development of employees.
Audit Trainee
CRKP Associates.
Kakinada
04.2022 - 12.2022
- Reviewed financial documents, such as account statements and invoices, to ensure accuracy.
- Conducted variance analysis for actuals vs. budget and forecast and provided explanations for identified variances.
- Developed financial models to analyze business performance, identify trends and forecast future results.
Article Trainee
Ravi Sarma & Co.
Kakinada
04.2019 - 03.2022
- Created detailed financial statements, balance sheets, cash flows, and budgets for clients.
- Prepared management accounts including monthly reconciliations and analysis of results against budget.
- Prepared tax returns for individuals, trusts, partnerships and companies according to the current year's regulations.
- Handled and worked as a team lead for Statutory Audits of multiple entities, including Andhra Pradesh Gas Distribution Corporation Limited, Elite Natural Oils and Fuels Private Limited, Neomed Health Care Private Limited, Andhra Electronics Limited, and Spartan Solutions Private Limited.
Education
Cost Accountancy -
The Institute of Cost Accountants of India
06.2022
Chartered Accountancy -
The Institute of Chartered Accountants of India
05.2022
B.Com -
Adikavi Nannayya University
01.2021
12 Standard - MPC
Board of Intermediate Education, AP
05.2017
10 Standard -
Central Board of Secondary Education
01.2015
Skills
- MS Excel
- MS Word
- MS PowerPoint
- SAP
- Tally
Accomplishments
- Secured AIR 44 in CMA Final examination
- Secured 1st place in Quiz Competition organized by SICASA ICAI
- Achieved 2nd prize in intra-school music competition twice
- Secured 1st place in intra-school spell-bee competition twice
Languages
- English
- Telugu
- Hindi
Timeline
Deputy Manager
ITC Limited
12.2022 - Current
Audit Trainee
CRKP Associates.
04.2022 - 12.2022
Article Trainee
Ravi Sarma & Co.
04.2019 - 03.2022
Cost Accountancy -
The Institute of Cost Accountants of India
Chartered Accountancy -
The Institute of Chartered Accountants of India
B.Com -
Adikavi Nannayya University
12 Standard - MPC
Board of Intermediate Education, AP
10 Standard -
Central Board of Secondary Education
Similar Profiles
Samarth AdhyapakSamarth Adhyapak
Area Sales Executive at ITC LimitedArea Sales Executive at ITC Limited
SUJOY DEYSUJOY DEY
Treasury Manager (Forex Front Office) at ITC LimitedTreasury Manager (Forex Front Office) at ITC Limited
Sumit Ch DeySumit Ch Dey
Sales Executive at ITC LimitedSales Executive at ITC Limited
Samrat DasSamrat Das
AREA EXECUTIVE (HS-2) at ITC LimitedAREA EXECUTIVE (HS-2) at ITC Limited
V V V SATYA NAVEENV V V SATYA NAVEEN
SAP Basis Consultant at Tata Consultancy ServicesSAP Basis Consultant at Tata Consultancy Services