P Venkata Narasimha Reddy
Bengaluru
Summary
Dedicated and enthusiastic professional with a passion for learning and growing in Accounts and Finance.Experienced in leading teams, managing daily operations, and meeting goals effectively.
Known for staying calm under pressure and solving problems with a practical approach.
Overview
13
13
years of professional experience
Work History
Assistant Manager – Client Accounting Services
Lodha & Bhatt Global Private Limited
06.2024 - Current
- Hands-on experience in General Ledger (GL) processing, Accounts Payable (AP), Accounts Receivable (AR), reconciliations, and end-to-end Record-to-Report (R2R) functions.
- Proficient in processing purchasing and non-purchasing vendor bills through Bill.com and posting bill payments in Bill.com, Design Smart, and QuickBooks (QBO).
- Expertise in reconciling American Express (Amex) credit card statements with Concur reports, accurately assigning GL accounts, class, and department codes before posting entries in QBO.
- Responsible for AR invoice creation based on client budgets, including forecasting, rebilling, and proactive follow-up on outstanding receivables using AR aging reports.
- Performed accurate posting of bank and credit card transactions in QuickBooks with monthly reconciliation of all accounts.
- Managed payroll transactions and employee reimbursements, ensuring timely and accurate processing.
- Prepared monthly Profit & Loss statements, Balance Sheets, and supporting reconciliations using the Waterfall Chart methodology.
- Compiled month-end closing reports, Management Information System (MIS) reports, and prepared ad hoc financial reports based on management requests.
Team Lead Finance & Accounts US Accounting
OTP Technologies Pvt Ltd
02.2023 - 01.2024
- Handled GL processing, Accounts Payable (AP), and reconciliation activities in compliance with US GAAP.
- Managed end-to-end AP process including vendor invoice posting and payment processing via Bill. com, based on bank transactions.
- Performed weekly and monthly vendor statement reconciliations to ensure accuracy and timely settlements.
- Conducted vendor maintenance tasks, including new vendor setups and managing updates or changes through Bill.com.
- Posted bank and credit card transactions into QuickBooks and ensured accurate financial tracking.
- Filed and processed US Federal and State sales tax payments via TaxJar and manual filing methods.
- Reconciled bank and credit card accounts on a regular basis to maintain accurate financial records.
Team Lead Finance & Accounts US Accounting
Real Soft Inc./Diversity Direct
09.2017 - 01.2023
- Managed US GAAP-based accounting processes including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), reconciliations, and Record-to-Report (RTR) activities.
- Maintained accurate books and records, including control over general ledgers and sub-ledgers.
- Processed both standard and complex bookkeeping entries and supported full-cycle accounting operations.
- Prepared financial statements including Profit & Loss (P&L) and Balance Sheets, along with their reconciliations.
- Posted month-end closing entries such as accruals and prepaid expenses.
- Handled US Federal and State sales tax filings and payments to ensure timely compliance.
- Oversaw the complete Timesheet Management process, including collection and uploading to Alpha Hire and QuickBooks.
- Created and uploaded invoices and bills into QuickBooks, and managed payment processing.
- Administered payroll processing through ADP, posted payroll entries weekly into QuickBooks, and performed payroll reconciliations.
- Managed creation of employee, customer, and vendor profiles in QuickBooks.
- Prepared monthly Bank Reconciliation Statements and conducted weekly AR collections reconciliation.
- Handled end-to-end AR functions, including customer setup, invoicing, payment allocation, and follow-up on outstanding receivables.
- Coordinated daily with the US team to ensure seamless workflow and timely task completion.
Financial Analyst - US Accounting
Graphx Solutions India Pvt Ltd
09.2016 - 09.2017
- Downloaded and recorded daily financial reports including sales, accounts receivable collections, and customer receipts in QuickBooks.
- Processed vendor bills and prepared weekly check runs to ensure timely payments.
- Prepared daily Bank Reconciliation Statements and reconciled accounts receivable, bank balances, and customer accounts on a daily basis.
- Generated and shared financial reports on a daily, weekly, and monthly basis to ensure transparency and tracking.
- Prepared monthly Profit & Loss (P&L) statements for management review and decision-making.
- Coordinated with clients weekly to maintain workflow efficiency and implemented updates based on client feedback or requests.
- Monitored and updated recurring journal entries to reflect operational changes at appropriate intervals.
- Utilized advanced Excel tools and techniques for accurate financial data compilation and reporting.
- Engaged in daily and weekly business communications with clients through email and chat to address queries and maintain client relationships.
Finance Executive
DEC Infrastructure & Projects (India) Pvt Ltd
06.2012 - 12.2015
- Prepared final, quarterly, and provisional balance sheets ensuring timely and accurate financial reporting.
- Compiled monthly stock statements and actively participated in stock audits to verify inventory accuracy.
- Maintained a master list of monthly journal entries and recorded all entries into accounting software with accuracy and consistency.
- Ensured proper tracking and termination of recurring journal entries at relevant trigger points.
- Supported statutory and internal auditors during audits and assisted in the preparation of final financial statements.
- Conducted site visits with bankers and prepared detailed site-wise stock audit reports.
- Managed complete documentation for Cash Credit (CC), Bank Guarantee (BG), and Letter of Credit (LC) proposals, including handling of sanctions and secured/unsecured loans.
- Acted as the primary point of contact for financial queries from bankers and auditors, delivering responsive customer service.
- Performed ledger scrutiny and prepared Bank Reconciliation Statements (BRS) for accuracy of accounts.
Education
M.B.A - Finance
EMERALDS ADVANCE INSTITUTE OF MANAGEMENT STUDIES
Tirupati, India01.2012
B. Com - Computer Applications
S.S.B.N Degree College
Anantapur, India01.2009
Skills
- Proficient in MS Excel, MS Word, and PowerPoint for data analysis, documentation, and presentations
- Hands-on experience with accounting and payroll software including QuickBooks (QB), Focus, ADP, Alpha Hire, Billcom, Design Smart, and TaxJar
Timeline
Assistant Manager – Client Accounting Services
Lodha & Bhatt Global Private Limited
06.2024 - Current
Team Lead Finance & Accounts US Accounting
OTP Technologies Pvt Ltd
02.2023 - 01.2024
Team Lead Finance & Accounts US Accounting
Real Soft Inc./Diversity Direct
09.2017 - 01.2023
Financial Analyst - US Accounting
Graphx Solutions India Pvt Ltd
09.2016 - 09.2017
Finance Executive
DEC Infrastructure & Projects (India) Pvt Ltd
06.2012 - 12.2015
M.B.A - Finance
EMERALDS ADVANCE INSTITUTE OF MANAGEMENT STUDIES
B. Com - Computer Applications
S.S.B.N Degree College
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