Sankar Modugula

• Devised and presented comprehensive business plans and financial forecasts to board of directors, facilitating strategic decision-making
• Conducted detailed analyses of company financial information and supervisedpreparation of related reports, ensuring accurate financial reporting
• Oversaw payroll, accounts payable, and accounts receivable, ensuring efficient financial operations and accurate recordkeeping
• Developed innovative sales and marketing strategies aimed at facilitating business expansion and enhancing market presence
• Drove operational improvements that resulted in significant cost savings and improved profit margins, enhancing overall financial performance
• Conducted thorough reviews of division-wise and project-wise profit and loss statements to assess financial performance
• Ensured compliance with IND AS, SEBI, and IRDA regulations, as well as internal policies, to mitigate risk and maintain organizational integrity
• Championed effective communication between finance personnel and other departments, facilitating collaboration on projects and initiatives
• Successfully spearheaded team in securing over Rs 5000 crore in funding for multiple Andhra Pradesh Government departments, through innovative fundraising strategies and comprehensive project restructuring
• Prepared and presented financial statements for Andhra Pradesh Urban Infrastructure Development Fund (APUDF), ensuring transparency and accountability
• Initiated Corporate Agency concept as a new business vertical, providing additional revenue streams for company
• Worked as Chief Marketing Officer (CMO) to conduct thorough policy reviews with clients, identifying coverage gaps and offering additional protection options.

Monitored budgetary performance and revenue trends, compiling detailed reports for Project and Finance heads leadership to support informed decision-making

• Prepared comprehensive financial statements, accruals, and journal entries, while maintaining reconciliations to provide clear summary of Project current and projected financial position
• Supervised daily activities of accounting staff, effectively delegating tasks to enhance productivity and operational efficiency within finance department
• Conducted thorough reviews of accounting and financial documents to ensure accuracy and compliance with contracts and agreements, thereby safeguarding integrity of financial reporting
• Prepared MIS reports and contributed to budgeting process, facilitating strategic financial planning
• Oversaw maintenance of GST, TDS, and other statutory records, ensuring adherence to regulatory requirement
• Actively participated in tender scrutiny committee meetings for procurement and works contracts, contributing to evaluation and selection process.

• Addressed and resolved client disputes related to outstanding invoices, payments, and adjustments
• Actively participated in tender scrutiny meetings, evaluating bid offers in accordance with tender conditions
• Oversaw timely and accurate monthly financial closing and finalization of branch financial statements
• Prepared and submitted MIS reports to meet both Head Office and branch requirements
• Coordinated with statutory, internal, cost, and tax auditors to ensure accurate financial statement finalization
• Ensured compliance with statutory regulations
• Developed annual budgets in collaboration with HQ and department heads
• Conducted periodic budget vs
• Actual performance analysis and reported findings to management
• Managed accounts receivables, payables, collections, and conducted bank reconciliations
• Oversaw procurement of kapas and ensured timely payments to farmers
• Maintained asset register and calculated depreciation as per company policy
• Ensured adequate insurance coverage for various stocks and assets across multiple locations
• Supervised and reviewed work of subordinate staff
• Prepared detailed cost sheets and managed discounting of Letters of Credit (L/C).

• Spearheaded performance improvement initiatives to drive continuous enhancement and operational excellence
• Sustained high levels of energy and enthusiasm in dynamic, fast-paced environment, ensuring team engagement and effectiveness
• Developed and streamlined team communications and meeting information to enhance organizational efficiency and clarity
• Diagnosed issues, conducted thorough analyses, and delivered actionable solutions to complex financial and operational challenges
• Managed budgeting processes, aligning financial plans with strategic objectives to optimize resource allocation
• Compiled and presented accurate financial statements, adhering to accounting standards and regulatory requirements.

• Prepared detailed and accurate financial statements, adhering to accounting standards and regulatory requirements to ensure transparency and compliance
• Compiled and analyzed Management Information System (MIS) reports, providing insights for strategic decision-making and performance evaluation
• Ensured compliance with statutory and regulatory requirements.