Oracle, SAP, NIC, Tally Prime
SAIRAM AITHA
CHARTERED ACCOUNTANT
GUNTUR
Summary
Seasoned Chief Financial Officer focused on helping companies accomplish missions and drive growth. Expansion-minded professional versed in navigating complex financial challenges.
Highly Focused and meticulous professional Life with 9years of experience into Statutory Audits, Internal Audit, Income Tax, GST , Product Costing carrying an excellent employment record accuracy and able to work well both independently and as a part of financial management teams.
Overview
8
8
years of professional experience
9
9
years of post-secondary education
2
2
Certifications
1
1
Language
Work History
CHIEF FINANCIAL OFFICER
SVK GROUP OF COMPANIES
HYDERABAD
06.2022 - Current
- Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Prepared accurate financial statements at end of the quarter to summarize financial health and performance of business.
- Set and monitored effective financial policies to analyze company financial strengths and weaknesses and propose corrective actions.
- Worked closely with audit team to hedge against or mitigate operational risks.
- Analyzed inventory strategy, reduced expenses and renegotiated contracts with vendors to increase profit margin.
- Prepared year-end fixed asset schedule to create positive impact on shareholders, creditors and investors.
- Standardized and enhanced business assets across company to achieve common goals.
FINANCE MANGER
AP STATE CIVIL SUPPLIES CORPORATION LTD
VIJAYAWADA
05.2021 - 05.2022
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Created organizational structures to improve accounting and finance functions.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Managed regular finance tracking for numerous branch offices and headquarters expenses.
- Getting Funds from AP State Government of Long Outstanding.
SENIOR AUDIT MANAGER
UMAMAHESWARA RAO & CO
HYDERABAD
12.2016 - 04.2021
- Facilitated internal audits and prepared detailed reports on findings.
- Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.
- Conducted strategic and technical reviews to verify compliance with quality control standards, schedule constraints and budget parameters.
- Trained and mentored department staff on policies and procedures to establish strong foundation for client development and service activities.
- Analyzed accounting systems for efficiency and effectiveness.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
- Gathered and analyzed financial data to determine improvement efforts.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Prepared working papers, reports and supporting documentation for audit findings.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Maintained integrity of general ledger and chart of accounts.
- Enhanced audit controls by improving planning and testing processes.
- Reported ROIs using Excel spreadsheets.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Initiated comprehensive account assessments to check viability, stability and profitability of business operations.
Cost Accountant
AVN NAGESWARA RAO & CO
HYDERABAD
04.2014 - 11.2016
- Assisted with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation.
- Monitored cost standard performance to confirm that costs met budget cost parameters.
- Calculated labor and overhead rates, annually updating costs.
- Predicted, planned and recorded costs of raw materials, labor and operation.
- Designed monthly and annual budgets design, labor and manufacturing.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Diminished outstanding debts by analyzing accounts for issues.
Education
CHARTERED ACCOUNTANT - ACCOUNTS, TAXATION AND AUDIT
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
NEW DELHI 04.2011 - 03.2015
COST ACCOUNTANT - COSTING AND INDIRECT TAXES
THE INSTITUTE COST ACCOUNTANTS OF INDIA
KOLKATA 04.2011 - 06.2013
(CS) - Company Law And Labour Laws
COMPANY SCRETARY
NEW DELHI 04.2015 - 06.2017
MASTER OF COMMERCE - MAANGEMENT ACCOUNTING AND FINANCIAL STRATEGIES
IGNOU
NEWDELHI 04.2016 - 06.2017
Skills
Quantitative analysis
Accomplishments
- Supervised team of 50 staff members.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
Software
MS-OFFICE
ENGLISH,TELUGU AND HINDI
Good at spoken and written
Certification
IND AS FROM ICAI
certified on IND AS in 2022 from ICAI
HAVING GOOD KNOWLEDGE ON IND AS AND PREPARATION OF FINANCIAL STATEMENTS ACCORDINGLY.
Timeline
IND AS FROM ICAI
08-2022
CHIEF FINANCIAL OFFICER
SVK GROUP OF COMPANIES
06.2022 - Current
FINANCE MANGER
AP STATE CIVIL SUPPLIES CORPORATION LTD
05.2021 - 05.2022
GST & FORENSIC AND FRAUD DETECTION
06-2017
SENIOR AUDIT MANAGER
UMAMAHESWARA RAO & CO
12.2016 - 04.2021
MASTER OF COMMERCE - MAANGEMENT ACCOUNTING AND FINANCIAL STRATEGIES
IGNOU
04.2016 - 06.2017
(CS) - Company Law And Labour Laws
COMPANY SCRETARY
04.2015 - 06.2017
Cost Accountant
AVN NAGESWARA RAO & CO
04.2014 - 11.2016
CHARTERED ACCOUNTANT - ACCOUNTS, TAXATION AND AUDIT
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
04.2011 - 03.2015
COST ACCOUNTANT - COSTING AND INDIRECT TAXES
THE INSTITUTE COST ACCOUNTANTS OF INDIA
04.2011 - 06.2013
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