Praveena N P

Accounting & Financial Reporting Taxation & Compliance Statutory Bank Branch Audits

• Delivered end-to-end accounting and reporting services for trading, distribution, retail, and software service clients, ensuring accuracy, statutory compliance, and timely reporting.
• Successfully set up a full accounting framework for a trading client and implemented APX ERP for a retail chain, covering chart of accounts, inventory, payroll, and compliance processes.
• Gained practical exposure in SAP FICO (ledger creation/retrieval, backend configurations, system integration) to enhance reporting accuracy.
• Prepared and reviewed financial statements under GAAP and Companies Act (Schedule III) with complete disclosures and notes.
• Managed the full reporting cycle — journal entries, GL reconciliations, variance analysis, and period/year-end closing — while implementing automation in TallyPrime, QuickBooks, and APX ERP to streamline workflows.
• Handled GST and TDS compliance, including returns filing, reconciliations, payments, and audit readiness.
• Conducted tax audits under the Income Tax Act, ensuring statutory compliance and accurate reporting.
• Performed monthly/annual GST reconciliations (sales, purchases, exports with LUT filings) for trading, retail, and software service clients.
• Managed tax notices and departmental queries, drafting replies and coordinating with consultants for timely resolution.
• Verified cash, deposits, loan balances, and internal controls in line with RBI guidelines.
• Reviewed revenue recognition, interest computation, NPA provisioning, and statutory compliance.
• Prepared audit reports and schedules, highlighting discrepancies and providing recommendations, while coordinating with bank management for timely closure.