Praveen Kumar Reddy Pothireddi
Pileru
Summary
- Finance professional and CA Aspirant with solid experience in accounting and strategic financial management. Demonstrated success in optimizing tax strategies and improving Forex operations. Skilled in high-pressure environments and quick to master new skills. Committed to contributing to organizational growth while enhancing professional capabilities.
Overview
7
7
years of professional experience
Work History
Deputy General manager Finance and Accounts
Mysore Mercantile Company Ltd
Bangalore
06.2023 - 01.2025
- Led comprehensive Finance department overseeing strategic and operational functions across the group companies.
- Oversaw the finalization of books of accounts Monthly/ Quarterly and year end.
- Provided key observations on reporting requirements and analysis.
- Lead the Key automation of accounting entries & process in day-to-day operations through bulk import templates and TDL’s integration with ERP.
- Implemented the foreign currency accounting in ERP Tally Prime as company are into Exports of goods which realizes the Receivables in USD, EURO Etc. for Seamless reporting requirements of foreign receivables and unrealized gains due foreign currency fluctuations.
- Served as the primary liaison for key external stakeholders including Statutory Auditors, Internal Auditors, Company Secretaries and Bankers.
- Successfully applied for and managed EPC (Export Packing Credit) and PCFC (Packing Credit in Foreign Currency) loans, developing strategies for optimal USD utilization, including the establishment of EEFC (Exchange Earners' Foreign Currency) Accounts.
- Developed and executed advanced tax strategies for corporate and individual stakeholders, optimizing TDS/GST input credit utilization, leveraging Section 115BAA, Section 54F, and CGAS schemes, and implementing strategic advance tax planning, resulting in significant cost savings.
- Executed and optimized Forex operations, including strategic booking and utilization of forward contracts, resulting in enhanced financial gains for the company.
- Oversaw the timely filing of Letter of Credit and other necessary licenses with respective authorities, filing of E-BRC and reconciliations of Duty drawback and RODTEP Scrips generation and sale of such Scrips.
- Led comprehensive tax and GST compliance, including drafting replies to notices, corresponding with departmental officers.
- Designed and implemented robust internal controls, significantly strengthening company processes and mitigating risks.
Audit Executive
GSMK and Associates
Bangalore
07.2021 - 04.2023
- Actively participated in planning, performing, analyzing, and implementing the audit (statutory audit, internal audit, tax audit, and stock audit).
- Engaged in the preparation of financial projections and the project report.
- Identified opportunities for process improvement through analysis of existing processes within the organization.
- Advised clients on changes needed to comply with relevant laws and regulations.
- Reviewed financial statements for accuracy and adherence to standards.
- Engaged with clients to discuss audit findings and address concerns directly.
- Analyzed financial statements, ledgers, journals and other records to identify discrepancies in reporting or operations.
Articled Assistant
GSMK and Associates
Bangalore
02.2018 - 06.2021
- Filing of income tax returns for individuals, partnership firms and companies.
- Filing of GST monthly returns, GST annual returns and reconciliation statements.
- Performed tax audits and GST audits of various corporate and non-corporate assesses, and filing of reports.
- Dealt in VAT assessment, GST assessment.
- ROC Related works Filing of various returns (AOC 4 MGT -7 etc.) with Registrar of Companies.
- Preparation of financial statements of companies and other entities.
- Filling of Forms 15CA/CB - For payment to foreign vendors.
- Accounting work, including the preparation of vouchers, generating invoices, payroll accounting, and maintaining statutory records.
- Participated as an audit team member in Statutory audit, Internal audit, Tax audit, and Stock audit.
Education
CA Final – Group I - Need to appear for exams
09/2025
09.2025
CA Final – Group II - 51%
11/2023
11.2023
B Com - Accounting & Finance
GPA: 69%
01.2023
CA – IPCC - 52%
05/2017
05.2017
CA – CPT - 69%
06/2016
06.2016
Intermediate (12th Standard) - 90%
01/2016
01.2016
SSC (10th Standard) - GPA 8.3/10
01/2014
01.2014
Skills
- Able to Work Under Pressure
- Time Management
- Hardworking
- Flexible and Adaptable
Accomplishments
- Qualified CA -CPT, and CA - IPCC in first attempt
Awarded best employee and quickly risen through the ranks in previous organization
<Enter your own>
- Date of Birth: 15-07-1999
- Gender: Male
- Marital Status: Single
Hobbies and Interests
- Playing Cricket
- Exploring new places
- Spending time with Family & Friends
Languages
Telugu
First Language
English
Advanced (C1)
C1
Hindi
Elementary (A2)
A2
kannada
Elementary (A2)
A2
Timeline
Deputy General manager Finance and Accounts
Mysore Mercantile Company Ltd
06.2023 - 01.2025
Audit Executive
GSMK and Associates
07.2021 - 04.2023
Articled Assistant
GSMK and Associates
02.2018 - 06.2021
CA Final – Group I - Need to appear for exams
09/2025
CA Final – Group II - 51%
11/2023
B Com - Accounting & Finance
GPA: 69%
CA – IPCC - 52%
05/2017
CA – CPT - 69%
06/2016
Intermediate (12th Standard) - 90%
01/2016
SSC (10th Standard) - GPA 8.3/10
01/2014
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