Ramakrishna Undavalli
Hyderabad
Summary
To work in a challenging environment where there is continuous learning thereby enhancing the growth of the individual as well as the organization.
Experienced Senior Associate driven to optimize processes and streamline operations for team efficiency. Decisive leader with an analytical and flexible approach to solving problems.
Maintaining the vendor tracker, processing vendor payments and processing subcontract payments after verification through online mode. Preparation of P&L Schedules, Prepaid schedules, Provision, advance account schedules and Subcontract schedules. Coordination with Internal and External auditors during verification of accounts payable and providing necessary data and documents for GST Refund and Tax Audit operations. Preparation of Management Information system (MIS) reports on monthly basis by taking P&L, LOB, and other schedules into account. Well versed with SAP (FICO), Tally ERP, Tally Prime and Microsoft Dynamics in processing all types of accounting tasks. Uploading of payroll journal entries in Tally and uploading PF, ESI entries in tally. Arranging various country currencies for Employees in card and as Cash depending on their international travels taking per diem into consideration. Ensure sufficient funds are available to meet ongoing operational and capital investment requirements (FDs and MF)
Overview
11
11
years of professional experience
Work History
Senior Associate - Finance
Prolifics Corporation Pvt Ltd
12.2016 - Current
- For works of Accounts payable from, Accounts Payable (AP) Receiving, processing payment of vendor invoices and bills from end users and vendors on daily basis via online and cheque
- Form 15CB generation and preparation of necessary documents for foreign payments for submission to bank
- Maintaining the Vendor (AP) tracker (Invoice details)
- Receiving monthly Subcontract invoices from end users and verifying with SOW’s/agreements and gross margins
- Review of vendor and SUB K invoices in accordance with policy, guidelines/PO's/workorders, sow's agreements, and approvals
- Processing of Staff advance payment to admin and HR Team as per approvals (for petty cash and other office expenses)
- Verification of the same in financial system after receiving bills from respective team against staff advance
- Preparation of all vouchers, including the journal, receipts, and contra and bank payments
- Making weekly payments to vendors via online and cheque
- Preparation of the bank reconciliation statement (EEFC and current accounts are updated daily and monthly)
- Monthly accounting of pay rolls, PF, and ESI JEs in the financial system
- Accounting for F&F Settlements General ledger reconciliation (i.e., salary payable, PF, ESI, PT, and so on) as well as inter-unit and inter-company reconciliations
- Age analysis of various debtors and creditors
- Key Performance Indicator (KPI) Monitoring Monthly preparation of P&L schedules, MIS schedules, prepaid (expenses and insurance) schedules, provision schedules, security deposit schedules, Salary advance schedules and balance sheet schedules
- MIS report preparation at the end of the month (i.e
- P&L, LOB (Cost centers) and MIS format reports)
- Quarterly financial statements (Trail balances, Profit and Loss, and Balance sheet) preparation
- Monthly maintenance of the fixed asset registers and preparation of depreciation schedules
- Participating in internal and external audits, as well as providing necessary documentation and clarifications
- GST and TDS Identifying units and cost centers, verifying GST and TDS applicability in accordance with the act, and recording the same in financial systems
- After end-to-end verification of Subcontracts taking above into consideration, deduction of applicable taxes, updating data in Tracker and making payments
- Preparation of TDS Statements and paying monthly basis
- The filing of Quarterly TDS returns on time
- Generation and distribution of Form 16A to vendors
- Monthly GSTR return filing (GSTR1 & GSRT3B, with RCM Calculation and payments and Yearly filing of GSTR9 & GSTR9C)
- Coordination with auditors, provision of necessary data & documents for GST Refund and Tax Audit operations
- Travel and Expenses Making monthly payments to employees for reimbursement expenses after verification
- Providing other countries’ currencies (i.e., periderms, cash, and card loadings) to employees for business travel
- Gift card loading to employees in Sodexo
- Treasury and cash Management Compile and analyze treasury information to meet monthly, quarterly and fiscal year-end management reporting and external audit requirements
- Maintain FD (Fixed Deposit) and Mutual Fund trackers for interest calculation and cash flow statement purposes
- Maintain all domestic banking relationships
- Enhance and manage the regional and corporate direct cash flow forecasting process
- Accounts Receivable (AR) Raising invoices to customers in coordination with PM as part of Accounts receivables
- Preparation of required documents for softex submission to the SEZ officer
- Online submission of softex documents in bank portals.
Accounts Assistant
Meenakshi Infrastructures Private Limited
06.2012 - 06.2015
- All works related to Accounts payable
- Maintained clean and organized files by keeping accounts payable records up-to-date.
- Processed payments and documents such as invoices, journal vouchers, employee reimbursements, and statements.
Education
MBA - Finance
Pragathi College (A.N.U)
B. Com - General
Osmania University
Higher Secondary - undefined
Intermediate Education
10th Standard - undefined
Secondary State Certificate (SSC - undefined
Skills
- PROFESSIONAL SKILLS:
- Accounts Payable
- Travel and Expenses
- Treasury and cash flow management
- TDS and GST filings
- Bank Reconciliations statements
- P&L Schedules
- Internal and statutory audits
- Accounts Receivables
- COMPUTER SKILLS:
- Operating System : MS-Office
- Accounting Packages : Tally ERP, Tally Prime, MS Dynamics and SAP (FICO)
Timeline
Senior Associate - Finance
Prolifics Corporation Pvt Ltd
12.2016 - Current
Accounts Assistant
Meenakshi Infrastructures Private Limited
06.2012 - 06.2015
MBA - Finance
Pragathi College (A.N.U)
B. Com - General
Osmania University
Higher Secondary - undefined
Intermediate Education
10th Standard - undefined
Secondary State Certificate (SSC - undefined
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