Nagireddy Sudhakar Reddy

Accounts Receivable :

• Manage the accounts receivable function, overseeing a team responsible for invoicing, billing, and collection activities
• Develop and implement effective strategies to improve the collection process, resulting in reduced outstanding balances and improved cash flow
• Establish and maintain relationships with clients, resolving billing discrepancies and addressing customer inquiries in a timely manner
• Collaborate with sales and operations teams to streamline invoicing processes and ensure accurate and timely billing to customers
• Prepare regular reports and analysis of accounts receivable aging to monitor collection performance and identify areas for improvement
• Maintained a clean, safe, and organized store environment to enhance the customer experience
• Improved customer satisfaction by addressing and resolving complaints promptly.
• Developed strong working relationships with staff, fostering a positive work environment.

Accounts Payable :

• Oversee the accounts payable function, managing a team responsible for processing invoices, verifying expenses, and ensuring timely payments to vendors.
• Conducted regular reconciliations of accounts payable balances to maintain accuracy and compliance with accounting standards.
• Collaborated with the management team to develop strategic plans for business growth and improvement.
• Implement and maintain efficient systems and procedures for the accounts payable process, resulting in improved accuracy and reduced processing time
• Coordinate with internal departments to ensure accurate coding of expenses and adherence to budgetary constraints.
• Prepare regular reports and analysis of accounts payable data for management review, facilitating informed decision-making.
• Streamline reconciliation processes, identifying and resolving discrepancies to ensure the accuracy of financial records

Statutory compliance & Audit Support

• Review of TDS Return
• Preparation & Review of GSTR 1 & GSTR 3B
• Preparation of GSTR 9 & GSTR 9C
• Filing of TRC
• Supported in tax Audit
• Supported in Statutory Audit
• Supported in Income tax Return filing
• Supported in ROC filing

MIS :

• Prepared and analyzed comprehensive MIS reports for the senior management
• Worked closely with cross-functional teams to analyze data insights, resulting in enhanced decision-making efficiency and improved strategic outcomes

• Review of TDS Return, GSTR 1 & GSTR 3B Return and preparation reconciliation work related to GST
• Advisory on TDS applicability on Domestic transactions
• Analysis of DTAA and agreement with foreign vendors to analyze the withholding tax
• Review of 15CA & 15CB
• Reply to the Notices received from IT Department and GST Department
• Preparation and filing of GST Refund application.
• Filing of Form 61A

Consultant to Client (Edureka) : (Mar 2022 to Apr 2023)

• Manage all finance and accounting related activities such as keeping complete records of account in time reporting
• Checking the Statutory compliances (TDS, GST, PT & EPF etc.)
• Review of accounts & ledger scrutiny & Trail Balance
• Preparation & filing of monthly GST Returns (GSTR 1 & GSTR 3B)
• Preparation of reconciliation work related to GST (Books Vs GSTR2A/2B) and follow up with the vendor to ensure timely credit
• Reconciling the purchase data with GSTR 2B every month before filing of GSTR 3B
• Preparation & Filing of Annual Return (GSTR 9) and Reconciliation statement (GSTR 9C)
• Filing of application for New GST Registrations and adding additional place of business
• Preparation of workings and filing response to notices issued by the IT department and GST department
• Filing of Equalization levy return
• Filing of Form 15CA & 15CB
• Supporting in MIS Reporting
• Responsible for Audit related work (Statutory, GST and Direct tax)
• Preparation of reconciliation work related to GST

Asst Audit Manager ( Apr-2022 to Mar-2023)

• Statutory Audits of the companies as required under the statute, accounting standards and guidelines issued by the regulator
• Tax Audit of Corporate entities & Non-Corporate entities
• GST Audit for Corporate entities and filing of GSTR 9 & 9C
• Manage all finance and account related activities such as keeping complete records of account in time reporting.
• Review of tasks performed by team

Asst Direct tax manger ( Jan 2020 to Mar-2021)

• Checking the Intimations/Notices from the Income tax department and filing response Filing of Form 15CA & 15CB for payments made to Nonresidents
• Filing of Statutory compliances for direct taxes (Form 61A, Form 3CEAA, Form 3CEAC etc.) Startup Registration, GST Registration and Shop & Establishment Registration.
• Applying Lower deduction certificate ( Form 13 & Form 15E ) Filing of income tax returns
• Filing of TDS Returns
• Periodical review of tasks performed by the team.

• Preparation of financial statements of companies required under the statute, accounting standards and guidelines issued by the regulator
• Conducted statutory audit for the companies as required under the statute, accounting standards and guidelines issued by the regulator
• Physical verification of Stock and Fixed Assets and preparation of reports on discrepancies found Preparation of workings related to GST filings and Periodical filing of GST returns.
• Compliance and Returns filing for Registrar of Companies
• Preparation of Provisional and Projections of Financial Statements of Companies and Firms for the purpose of availing loan facilities
• Fragmenting the workflow and assigning the tasks to individual team members based on their skills and competency.
• Periodical review of tasks performed by the team.

• Gained experience in Statutory Audit, Internal Audit, Tax Audit and other audit related services. Conducted Statutory Audit for the companies as required under the statute, accounting standards and guidelines issued by the regulator.
• Involving in preparation of financial statements and audit reports ensuring compliance with CARO and Tax audit requirements.
• Prepared Schedules and Notes to accounts along with Balance sheet & Statement of Profit and Loss in accordance with Schedule III of the Companies Act, 2013
• Passing Memorandum Journal Entries during closure of Accounts.
• Reviewing compliances of VAT/CST returns and TDS returns on a monthly/quarterly basis as required. Responsible for all statutory compliances.
• Reconciliation of TDS Certificates collected with 26AS and as per books.
• Verified payroll Statements of various companies including EPF, ESI, Gratuity, Professional tax etc. Preparation and filing of Income & Service Tax and TDS Returns of Corporate / Non-Corporate units.