Summary
Overview
Work History
Education
Skills
Certification
Disclaimer
Professional Highlights
Personal Information
Timeline
Generic

Rakshith SP

Bangalore

Summary

Finance professional with extensive experience in financial reporting and compliance. Demonstrated success in vendor management and process improvement, utilizing Microsoft Excel for data analysis and reporting. Strong communicator focused on enhancing operational efficiency and driving organizational success.

Overview

13
13
years of professional experience
1
1
Certification

Work History

Asst Manager

Bharathiasha Technologies Pvt Ltd
06.2022 - Current
  • Ensured compliance with TDS, PT, and PF regulations through effective management of financial operations.
  • Generated comprehensive month-end MIS reports to inform data-driven decision-making.
  • Monitored compliance to maintain alignment with legal and regulatory standards.
  • Evaluated legal documentation to identify risks and protect organizational interests.
  • Managed vendor payment workflows and subscriptions for various technology platforms.
  • Accelerated accounts receivable collections by actively pursuing outstanding invoices.
  • Coordinated internal schedules to guarantee timely execution of recurring subscription payments.
  • Prepared financial statements and collaborated with statutory auditors for annual audits and foreign remittance documentation.

FA- II

Mediatek Bangalore Pvt. Ltd
11.2021 - 05.2022
  • Managed end-to-end financial operations using SAP (Financial Module) and SAP Concur.
  • Ensured accurate invoice posting, expense allocation, and full TDS/TCS compliance with tax regulations.
  • Oversaw SEZ compliance, preparing Monthly Performance Reports and coordinating with SEZ officers. .
  • Verified vendor invoices against contract terms, including hours worked and payment validation.
  • Conducted monthly TDS and TCS reconciliations, ensuring deductions matched statutory rates.
  • Processed travel and expense claims via SAP Concur, ensuring alignment with documentation.
  • Executed comprehensive bank reconciliations to maintain ledger accuracy and financial integrity.

Audit Manager

GPVS Chartered Account & Associates
12.2019 - 10.2021
  • Led preparation of comprehensive financial statements for special audit engagement, managing full cycle within strict 90-day deadline.
  • Oversaw GST reconciliations for refunds by matching accounts with filed returns, ensuring compliance.
  • Managed statutory compliance across multiple clients, ensuring adherence to tax, labor, and financial regulations.
  • Directed finalization of books of accounts for multiple clients, ensuring accuracy and audit readiness.
  • Conducted quarterly internal audits, reviewing compliance and capital expenditures; presented findings to CEO.
  • Collaborated with special audit support teams to achieve high accuracy and timely deliverables.

Compliance Manager

Actnow Consultancy Pvt. Ltd
02.2017 - 05.2019
  • SPOC also handled MNCs' total compliance single-handedly.
  • Statutory compliance related to SEZ (Softex, MPR, APR, and other requirements relating to RBI).
  • Internal audit.
  • VAT filing and annual VAT return
  • Handled PAN-India basis fixed verification, and also inventory verification of TAPF.
  • MIS reporting for a trust and also cost plus sheet and other report for MNC company.
  • Preparation of financial statements and compliance report
  • Preparation of payroll MIS and payment to the staff.

Article Assistant

Rao Emmar Chartered Accountant
02.2014 - 02.2017

Accounts Payable

Hewlett Packard (HP)
07.2012 - 10.2013
  • Managed invoice discrepancies by reviewing parked invoices and flagged mismatches within Accounts Payable team.
  • Coordinated with clients and internal stakeholders to resolve issues with PO quantity mismatches and missing documentation.
  • Advised clients on necessary changes to purchase orders and invoice details for alignment with procurement systems.
  • Conducted thorough reviews of disputed invoices to validate discrepancies and ensure timely resolution.
  • Ensured accurate reflection of corrective actions in SAP, enhancing invoice processing efficiency.

Education

Chartered Accountancy - IPCC & CPT Cleared

ICAI

Bachelors Of Commerce - Accounting Hons.

Seshadripuram College
Bangalore

10+2 -

St. Joseph's
Somvarpet

Pre-University -

St. Joseph's
Somvarpet

Skills

  • Microsoft Excel and Tally ERP9
  • Financial reporting and compliance
  • Vendor management and invoice processing
  • Data analysis and financial software
  • Tax filing and documentation
  • Requirements analysis
  • Effective communication skills
  • Time management strategies
  • Client coordination and relationship building
  • Process improvement initiatives
  • Cost reduction techniques

Certification

  • IPCE( CA- Inter)
  • ITT
  • MS Office

Disclaimer

I, Rakshith SP, hereby declare that information contained herein, is true & correct to the best of my knowledge & belief.

Professional Highlights

  • Reconciliations, Lead a special audit activity of 90 days TAT for a MNC involving preparation of financials from accounting analysis v/s financial already prepared
  • Statutory Compliance, Spokesperson and accountable for TDS, accounting review, SEZ Compliance, ESI & EPF review for a US based Indian subsidiary. Also responsible for assurance services on revenue recognition, Individual & Company ITR filing
  • MIS Reporting, Responsible to cater US based Indian Subsidiary and NPO's with various critical reports like Cost Plus Sheet, Creditors Outstanding list, Revenue Receivable, Detailed Stock Audit, Internal Audit & Substantive reports
  • Internal Audit Planning, Designed and implemented pre-audit for expenses above INR 1,00,000 for a NPO, which was greatly appreciated by the organization. Responsible for planning and presenting internal audit for one of the leading educational institution in Bangalore
  • Statutory Audit, Successfully completed audit for one of the major builders by complying with all statutory norms per schedule 3

Personal Information

  • Father's Name: Pruthvi Raj S
  • Date of Birth: 11/03/89
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Single

Timeline

Asst Manager

Bharathiasha Technologies Pvt Ltd
06.2022 - Current

FA- II

Mediatek Bangalore Pvt. Ltd
11.2021 - 05.2022

Audit Manager

GPVS Chartered Account & Associates
12.2019 - 10.2021

Compliance Manager

Actnow Consultancy Pvt. Ltd
02.2017 - 05.2019

Article Assistant

Rao Emmar Chartered Accountant
02.2014 - 02.2017

Accounts Payable

Hewlett Packard (HP)
07.2012 - 10.2013

Chartered Accountancy - IPCC & CPT Cleared

ICAI

Bachelors Of Commerce - Accounting Hons.

Seshadripuram College

10+2 -

St. Joseph's

Pre-University -

St. Joseph's
Rakshith SP