Ravi Arimanda

• Managed day-to-day accounting accuracy across business verticals, ensuring timely posting of journal entries.
• To set up the accounting and control systems of the company.
• Set up the stores and purchase procedures, AR and AP, monthly reports like MIS, P&L, internal controls, budgets, cash flow statement, and payroll.
• Reviewed and approved monthly GST submissions, implementing updates to improve system efficiency, including payroll and invoicing.
• Analyzed sales activity to identify and correct cost errors or price discrepancies.

• Led financial operations at resorts, presenting financial reports to the board and ensuring transaction integrity.
• Attending board meetings and presenting MIS financial reports.
• Raising awareness of financial issues that matter, and reporting to the Group Director of Finance.
• Tax accounts finalization and filing returns as per TRA (Tanzania Revenue Authority) in coordination with external auditors.
• Planning and executing monthly, quarterly, and annual closure schedules, providing monthly financial statements, and administering the monthly closing process.
• Ensuring reclassification and accounting of wrong or unaccounted entries prior to the closure of the General Ledger.
• Capitalization of new assets and ensuring CWIP is capitalized.
• Assist in bank account management, bank account opening, and assisting with KYC checks.

• Prepare regular reports and summaries of accounting activities. Preparation of the revenue report on a daily basis.
• Prepare debtors' aging, and follow up. Verify the Night Audit pack, report any irregularities to inform team, and provide direction to the night audit team to ensure proper revenue reporting.
• Reviewing all ledger details: guest ledger, city ledger, and deposit ledgers to validate proper payment and revenue posting.
• Preparation of LPO, purchase order, service order, GRN, and PJV.
• Verifying the bills along with the approved quotation, and ensuring that the payment to the creditors is remitted on time.
• Keeping control of debtors' movement and following up on outstanding payments.
• Preparation of the unit's monthly payroll.
• Preparation of the monthly P&L/MIS report, with all supporting sheets.

• Developed and implemented a corporate accounts structure for multiple entities, streamlining financial operations.
• Reconcile over 22 different bank accounts for several different corporate entities. Monitor day-to-day activities, such as the process of suppliers' payments, periodical vendor reconciliation, and suppliers' aging.
• Updating project accounts on a daily basis.
• Handling the preparation of the report against the external auditor's note, the payroll sheet, including leave and final settlement for employees, and the monthly finance reports.
• Processing group monthly payrolls with statutory payments like NSSF, SDL, PAYE, WCF, and submitting monthly and yearly returns.
• Reconciliation and preparation of monthly VAT returns for all group companies.
• Statutory compliance for the group.

I was supervising the Accounts and Finance Department. Maintenance of books of accounts in Tally. Invoicing to clients and vendors as per consultants' time sheets. Responsible for payroll and all other elements of HR work related to accounting. Handle taxation and related statutory compliance work, such as Income Tax, Service Tax, TDS, and the issuance of Form 16. Reconciliation of bank statements and vendors.

• I was part of the Accounting Team of the Narayana Educational Society in various places, like Kota in Rajasthan, Delhi, and the Central Office in Hyderabad.
• I was responsible for executing books of accounts in the ERP package with different modules, and I provided an overview of branches' day-to-day functions.
• Management and reconciliations of creditors and inter-branch transactions. Checking and finalizing the payrolls of branches and the corporate office.
• Collecting the indents from branches after getting the prior approval and fund disbursement.