Sanjay Kumar Muthyala
Secunderabad
Summary
A competent finance professional with 26 years of experience in Finance & Accounts Presently associated with Innominds Software Pvt Ltd as Sr.Manager Finance & Accounts and have vast experience in handling overall Accounting & Financial operations of the organization, preparation of budget, daily cash flow statements, liaising with Bank & NFBCs for fund raising,handling administration, IT Procurements , audit, taxation and other various Finance processes
- To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
- Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
- Dedicated Finance professional with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
28
28
years of professional experience
Work History
Sr.Manager Finance & Accounts
Innominds Software Pvt Ltd
10.2013 - Current
- Overall authority for the Accounting & Financial operations of the organization
- IT Procurements, Preparation of monthly MIS, Payroll
- Assisting in preparation of forecasting company business activities and financial position in areas of Income, Expenses and earnings based on past, present and expected operations
- Day to Day Cash Flow management, coordinating with Line of business with regard to various finance and account related aspects
- Roles and Responsibilities:
- Accounting -Overall supervision on day-to-day accounting activities and to ensure to meet deadlines on time
- MIS- Preparation of monthly MIS, Daily Cash Flow Statements, Employee-wise profitability statement, Project-wise profitability statement
- Financing: Co-ordinating with financing companies and arranging funds for IT Procuements
- Cash Flow- Collecting data from all LOB’s and preparing daily Cash Flow statements
- Preparation of statements- Preparation of complete payable statement (vendors, reimbursements, etc) with ageing on weekly basis,
- Accounts Receivables -Follow up for collections as per the due dates
- Accounts Payables - Check the Purchase Invoices with purchase order, estimate & delivery challan, maintains Purchase Register, deduct the TDS as per IT Act and issue the cheques
- Statutory Activities – Calculation of Provident Fund, Profession Tax, GST and filing of reports to the concerned authorities pertains to Provident Fund, Profession Tax & TDS (Salaries, Consultancy, Rent, Contractors & Interest etc.,) after computing the same
- Coordination with Internal and Statutory Auditors
- IT Procurement- Identifying multiple vendors and obtain quotes
- Based on the best quote, initiating the process of procurement from releasing PO to till disbursement of payment
- Liaison with Banks/financial institutions
- Independently liaising with bank and NBFC’s for fund raising
- (CC limits, Terms loans and Unsecured loans)
- Liaison with STPI/SEZ authorities
- Overseeing construction of IT towers at Vizag which includes coordinating with Architects, various government officials to obtain NOCs/building plan, builders and raising funds from financial institutions
- Finance
STAR International Limited
Hyderabad
11.1998 - 10.2013
- Overall authority for the Accounting & Financial operations of the organization
- Prepare monthly MIS
- Assisting in preparation of annual reports summarizing and forecasting financial position in areas of Income, Expenses and earnings based on past, present and expected operations
- Day to Day Cash Flow management, coordinating with Line of business with regard to various finance and account related aspects
- Develop financial statements; analyze business trends and daily operating costs
- Roles and Responsibilities:
- Assign jobs to subordinates and keep track of day-to-day transactions
- Ensure compliance on time using Accounting Standards and Accounting policies & procedures
- Leading my staff and colleagues to meet deadlines by accurately finishing all works on time
- Cash Flow- Collecting data from all LOB’s and preparing daily Cash Flow statements
- Payroll Processing
- Branches – Maintain all the branch transaction and do Internal Auditing
- Preparation of statements- Preparation of complete payable statement (vendors, reimbursements, loan repayments etc) with ageing on monthly basis,
- Accounts Receivables - Check the Sales Invoices, maintain Sales Register and follow up for collections, maintain Receipt book & Register, and send reminding letters to customers and Legal action will be taken for unpaid Debtors
- Accounts Payables - Check the Purchase Invoices with purchase order, estimate & delivery challan, maintains Purchase Register, deduct the TDS as per IT Act and issue the cheques
- Statutory Activities – Calculation of Provident Fund, Profession Tax, Service Tax and Filling and filing of reports to the concerned authorities pertains to Provident Fund, Profession Tax & TDS (Salaries, Consultancy, Rent, Contractors & Interest etc.,) after computing the same
- Dealing with STPI- Hyderabad for Registrations/ renewals/softex, filing of monthly / annual returns
- Dealing with Registrar of Companies
- Coordinating with Internal and Statutory Auditors
- Initiatives taken at SQL STAR International Limited:
- Initiated and Implemented process driven model for vendor management, employee reimbursements, travel reimbursements
- Streamlined the process of vendor management
- Actively participated in preparing Annual Report of the Company
- Redesigned the Forms and formats to gather optimum and accurate information required
Consultant
09.1995 - 10.1998
- Overall accounting and finance responsibilities
- Roles and Responsibilities:
- Was overall authority for the Accounting & Financial operations of the organization, preparation of budget, handling administration, commercial, audit, taxation
- Assign jobs to subordinates and keep track of day-to-day transactions i.e., Check the Sales Invoices, maintain Sales Register, Check the Purchase Invoices, deduct the TDS as per IT Act and issue the cheques
- Asset Management – Purchase of Fixed Assets, maintains Fixed Assets Register, calculate depreciation and pass depreciation entry as per Companies Act & Income Tax Act
- Finalization – Prepare Trial Balance after passing necessary provisions, P&L, Balance Sheet & Depreciation Statement
- Prepare Annual Report with Schedules, Sub-Schedules & Notes to Accounts
- Statutory Activities – Calculation Corporate Tax, Fringe Benefit Tax, Provident Fund, Profession Tax, Service Tax, Sales Tax, VAT and Filling and filing of reports to the concerned authorities pertains to Provident Fund, Profession Tax, Service Tax, ESI & TDS (Salaries, Consultancy, Rent, Contractors & Interest etc.,) after computing the same
- Assessments – Attended and completed many assessments of Income Tax, Sales Tax, Profession Tax & Central Excise etc.,
- Dealt with Suppliers for purchasing of Fixed Assets like Vehicles, Computers, and EPABX Systems etc.,
- Banking - Liasioning with Banks / Financial Institutions for getting Working Capital Limits, Term Loans, Bank Guarantees, Vehicle Loans, Computer Loans & other Fixed Assets Loans.
Audit Clerk
09.1993 - 01.1995
- Audit of Accounts, Book keeping, taxation matters
- During the tenure, I have interacted with Income Tax, Sales Tax, Central Excise departments and Registrar of Companies
- Audited major companies i.e
- Techno cable, Orchem Chemicals, Educational Societies, Nationalized Bank and prepared their Annual Reports
- Attended and completed many assessments of Income Tax, Sales Tax & Central Excise etc
- Filling of Individual Income Tax Returns.
Education
Masters in Commerce - .
Skills
- Computer Knowledge
- MS-Office : MS – Word, Excel, Power Point, Outlook
- Accounting Packages- Wings, Tally Quick Books
- Self-Motivated
- Written Communication
- Flexible and Adaptable
- Teambuilding
- Analytical and Critical Thinking
- Multitasking Abilities
- Attention to Detail
- Teamwork and Collaboration
- Organization and Time Management
- Planning and Coordination
- Active Listening
Timeline
Sr.Manager Finance & Accounts
Innominds Software Pvt Ltd
10.2013 - Current
STAR International Limited
11.1998 - 10.2013
Consultant
09.1995 - 10.1998
Audit Clerk
09.1993 - 01.1995