Sachin N
Bangalore
Summary
Accounts Executive with 2 years of experience in the field of Accounts Receivable, Collections and management of team. Article & Audit Assistant for 3 years of experience & 2 years of experience as an Accountant handling GST Return, Accounts Finalization, Bank Concurrent & Statutory Audit, TDS Workings, Income Tax Filings.
Overview
7
7
years of professional experience
Work History
Finance Executive
Educational Initiatives Private Limited
Bengaluru
11.2022 - Current
- Oversaw the management of bank statements and collection reports, ensuring accurate reconciliation and timely collection of payments
- Developed and maintained detailed cash flow forecasts to support financial planning and decision-making processes
- Implemented and monitored revenue recognition policies to ensure compliance with accounting standards and accurate financial reporting
- Generated comprehensive weekly and monthly Management Information System (MIS) reports and debtors aging reports to track financial performance and outstanding receivables
- Evaluated multiple ERP solutions and selected Zoho Books for its comprehensive features, user-friendly interface, and integration capabilities
- Configured Zoho Books to align with the organization's financial structure, including chart of accounts, tax settings, and financial reporting standards
- Ensured adherence to GST regulations related to revenue recognition, minimizing risks and ensuring compliance with tax laws
- Raising of Invoices – National & International ensuring timely and accurate billing in compliance with contractual terms
- Collaborated closely with the finance team and cross-functional teams to ensure accurate and timely financial reporting
- Reconciling accounts
- Prepared detailed reports on financial performance including balance sheets, income statements, cash flow statements, and budgeting activities.
- Maintained accurate records of financial transactions according to Generally Accepted Accounting Principles.
- Managed accounts payable and receivable functions to ensure timely payments of invoices and collections of receivables.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Senior Associate
SDS & Co
Bengaluru
12.2020 - 11.2022
- Preparation and filing of IT returns for companies
- Statutory audit as per Companies Act 2013: GST Registration, GST monthly Workings and GST Returns within the due dates
- Preparing for Statement of Profit and Loss account and Balance sheet and Cash flow statement for companies and Firms, LLP, Individuals and others
- Reconciliation of Sundry Debtors and Creditors Ledger Accounts, Bank Reconciliation
- Closing Monthly Books
- Concurrent & Statutory Audit.
- Managed team resources, including assigning tasks, monitoring progress, and ensuring deadlines were met.
- Analyzed data and created reports for senior management.
- Resolved customer inquiries in a timely manner while adhering to service level agreements.
- Reviewed client data for accuracy and completeness in accordance with Generally Accepted Accounting Principles.
- Participated in special projects such as due diligence engagements or fraud investigations.
- Developed audit programs to assess the effectiveness of processes within the organization.
- Managed a team of auditors to ensure timely completion of projects.
- Advised senior management regarding potential risks associated with certain transactions or activities.
- Maintained accurate records of assets, liabilities, profit and loss, tax liability.
- Audited financial documents for accuracy and completeness.
- Ensured accuracy of all financial transactions including cash flow projections.
- Reviewed and reconciled general ledger accounts with subsidiary ledgers.
- Identified areas where improvements could be made to increase efficiencies in daily operations.
- Analyzed financial statements and identified discrepancies.
- Created financial statements for filing purposes.
- Attended training sessions to stay abreast of new developments in taxation law.
- Advised clients on various tax law changes that could impact their liability.
- Assisted clients with understanding and completing tax forms accurately.
- Developed strategies to minimize future taxes through proper planning.
Article Assistant
CA Lingaraju & Co
12.2017 - 11.2020
- Account Finalization / Review of Bank Audit
- Preparation of income tax return and filing of the same for Individuals, Firms and Companies
- Filing and preparation of Form 3CA, 3CB, 3CD, 3CEB
- Preparation of tax computations for various organizations and filing of TDS
- TDS Calculation and Advance tax calculations as per Income Tax Act,1961
- Bank Audit: Conducted comprehensive bank audits, ensuring compliance with regulatory requirements and internal controls
- Identified discrepancies and recommended corrective actions
- Audit of Private Limited Companies: Led audits for private limited companies, ensuring accurate financial reporting and adherence to statutory requirements
- Evaluated internal controls and suggested improvements
- Finalization of Books and Drafting of Financial Statements: Oversaw the finalization of books of accounts, ensuring accuracy and completeness
- Drafted financial statements in accordance with accounting standards and regulatory guidelines.
Education
CA-Inter G-I -
ICAI
01.2021
B. Com -
Bangalore University
01.2017
XII -
Karnataka Board
01.2014
Skills
- MS Excel
- MS PowerPoint
- TALLY, TALLY PRIME
- ZOHO Books, CRM, OMS & PMS
- WINMAN
- TDS Return
- Accounting
- GST
- Professional Tax
- Income Tax
- Variance Analysis
- Financial reports
- Audit management
- Credit analysis
- Tax planning
- P&L Management
- Due diligence
- Cost Control
- Corporate tax preparation
- Debt management
Accomplishments
- Recognition of Pathbreakers Award from company in Educational Initiatives Pvt Ltd.
- Recognition of EI Humanitarian Award - The EI Pillar from company in Educational Initiatives Pvt Ltd.
Personal Information
Date of Birth: 01/03/97
Languages
- English
- Hindi
- Kannada
Hobbies and Interests
- Listening to music
- Travelling
Languages
English
First Language
Hindi
Proficient (C2)
C2
Kannada
Proficient (C2)
C2
Timeline
Finance Executive
Educational Initiatives Private Limited
11.2022 - Current
Senior Associate
SDS & Co
12.2020 - 11.2022
Article Assistant
CA Lingaraju & Co
12.2017 - 11.2020
CA-Inter G-I -
ICAI
B. Com -
Bangalore University
XII -
Karnataka Board
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