Mudarakola Lokesh Kumar
Gudivada
Summary
Accomplished semi-qualified Chartered Accountant with commendable knowledge and experience. Aiming to bring a versatile portfolio of skills and efficiency to the organization. Ensuring credible performance and unrestrained growth through delivering best-in-class results in all assignments undertaken.
Overview
6
6
years of professional experience
5
5
Languages
Work History
Revenue & Accounts Receivables
Kristal Advisors Private Limited
01.2024 - Current
- Financial Reporting: Monthly Bank Statement Mapping
- Weekly & Monthly AR preparation and presentation to business heads
- Revenue Cycle: Fee collections file preparation
- Channel Partners Invoice verification & approval
- Client, VCC, & Rebate Level receivables preparation
- Receivables follow-up & realization
- Rebate Fund House invoicing & payment follow-up
- VCC invoice reconciliation
- Revenue discrepancy resolution (with various teams)
- Streamline Aft processes and improve reporting frequency
- Enhance coordination with multiple teams for smoother receivables management
- Ensure accurate revenue recognition and reconciliation
- Focus on automating tasks like AR mapping and report generation to free up time for more strategic activities
- Leverage data analysis to identify trends, bottlenecks, and areas for improvement in the receivables process
- Maintain clear and consistent communication with all stakeholders, including business heads, finance teams, and other departments
- Stay updated on best practices in receivables management and explore new technologies to enhance efficiency and accuracy
P2P (Procure to Pay)
Alliant Group India Talent Pvt Ltd
06.2023 - 12.2023
- Processing Bills on weekly basis
- Communicating with stakeholders regarding any queries relating to bill processing
- Communicating with the vendors regarding any discrepancies with purchase orders and Bills
- CPA vendor processing
- Handled vendors like Amazon, Fedex and other IT related vendors along with CPA vendor Processing
- Communicating with Stakeholders weekly once to attend any queries they are having regarding Processing payments
- Ensuring GL coding is matching with the PO coding while posting entries in Thomson Reuters
- Ensure adherence to company policies, accounting principles, and regulatory requirements
- Approving Employee expense reports in SAP Concur
- Match invoices to purchase orders and receipts, ensuring proper documentation and approvals
- Interacting with the Top management of the company regarding the Approvals and various reports
- Monitor vendor accounts to ensure accurate and up-to-date records
- Reconcile accounts payable transactions and maintain accurate records of payments
R2R (Record to Report)
Consero Global Solution Pvt Ltd
06.2022 - 06.2023
- Raising Invoices as per client communication
- Having End to End Knowledge of Accounting process
- Preparing AR Aging reports on weekly basis as per client accounting policies
- Having Good knowledge of how to close Monthly and yearly books of accounts and preparing Balance sheet reconciliation
- Well versed with preparing monthly and yearly consolidated financial statements
- Having vast experience in US GAAP
- Having In dept knowledge of doing Inter-company reconciliation
- Having Good knowledge on ACS 606
Accounting Assistant | Article Assistant
VKV & CO
07.2019 - 06.2022
- Maintenance of Books of accounts and preparation of monthly financials for companies and proprietorship
- Secretarial work relating to Directors, Annual Filings of accounts DIR 3ekyc
- Coordinating with Statutory auditors for completing Audit of financial statements and Preparation of financial statements
- Preparing MIS statements catering to the need of Organization including Key Metrics that drive the business, to Facilitate decision making of management
- Scrutiny of general Ledgers and vouchers in conducting internal Audit of various entities
- Handling Client on various issues like income Tax and GST and other Issues
- Computation and arranging of timely deposit of Income tax/TDS and other statutory payments
- Ensuring Compliances of Accounting Standards, Auditing and Assurance standards and other compliances
- Preparation of income Tax form Such As Form 15CA, Form 15CB
- Preparation and filing of Tax Audit Reports for Companies
- In a 8 Member team for statutory audit of Healthcare service Group which is under Ind AS compliances with turnover more than Rs.350Crores
Education
SSC -
ViswaBharathi high school
Intermediate - undefined
Masterminds Inter Collage
CA Intermediate Course - undefined
The Institute of Chartered Accounts of India
B.Com - undefined
IGNOU
Skills
- Responsible
- Teamwork
Good Multitasker
- Advanced Knowledge on Excel
- Microsoft Office
- Conflict Resolution
- Confident with Technology
- Quick learner
- Leadership
- Highly Proficient in MS Word
- Highly Proficient in MS Excel
- Excellent in Financial Analysis
- Software known Quick Books
- Software known Sage Intacct
- Software known Thomson Reuters
- Software known Tally ERP
- Software known NetSuite
- Software known Billcom
- US Generally Accepted Accounting Principles (US GAAP)
- Strong Accounting Knowledge
- Strong knowledge of auditing procedures
- Strong knowledge of internal controls
- Working Knowledge on QuickBooks
- Deadline adherence
- Excellent Interpersonal skills
- Excellent communication skills
Accomplishments
- Received on Spot Recognition Award for my outstanding performance and excellence from the former company Consero Solutions India Private Limited.
- Received appreciations from both management and clients for the timely responses and accurate deliverables, even during the peak time of month-close time.
Personal Information
- Father's Name: M Venkata Prasad
- Mother's Name: M Anuradha
- Date of Birth: 09/04/97
Disclaimer
I do hereby Declare the truth and Authenticity of the above given information.
Timeline
Revenue & Accounts Receivables
Kristal Advisors Private Limited
01.2024 - Current
P2P (Procure to Pay)
Alliant Group India Talent Pvt Ltd
06.2023 - 12.2023
R2R (Record to Report)
Consero Global Solution Pvt Ltd
06.2022 - 06.2023
Accounting Assistant | Article Assistant
VKV & CO
07.2019 - 06.2022
Intermediate - undefined
Masterminds Inter Collage
CA Intermediate Course - undefined
The Institute of Chartered Accounts of India
B.Com - undefined
IGNOU
SSC -
ViswaBharathi high school
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