Sashidhar Rani
Visakhapatnam
Summary
Chartered Accountant (CA Final Group 1 cleared) and finance professional with 7+ years in Audit & Assurance, Financial Reporting, Treasury Management, FP&A, IFRS 16 compliance, Tax Compliance and Budgeting across India and the GCC. Hands-on with IFRS, GAAP, VAT, financial modeling and ERP systems (SAP, Oracle, Tally). Experience includes FMCG distribution, retail, IT services, manufacturing and banking. Known for variance analysis, cost control and stakeholder management that improve reporting accuracy and compliance.
Overview
9
9
years of professional experience
2
2
years of post-secondary education
Work History
Co-Founder
FOODPE
Rayagada
06.2021 - Current
- Led financial planning, budgeting and rolling cash flow forecasts for multi-store operations
- Developed revenue projections, break-even analysis and store expansion feasibility models
- Managed full P&L accountability including pricing strategy, gross margin optimization and cost control
- Implemented working capital management practices covering inventory cycles and vendor payment terms
- Structured unsecured capital funding through friends and family debt at negotiated rates benchmarked above fixed deposit yields
- Monitored monthly financial performance vs targets and adjusted operational plans to improve margins
- Evaluated underperforming unit economics and made strategic decision to close second store to preserve capital efficiency
- Consumer retail venture operating branded tea and beverage outlets; scaled from one store to two locations with annual revenue of ₹18-19 lakhs.
Independent Audit Consultant
GCC Assignment
Manama
08.2024 - 01.2025
- Managed statutory audits & reviewed lease accounting policies ensuring compliance with IFRS 16, GAAP and Bahrain regulations.
- Led audit of an FMCG distributor importing meat products from India; reviewed procurement, inventory valuation and revenue recognition.
- Supported liquidation of assets for a distressed retail client; prepared asset schedules, coordinated valuations and liaised with legal advisors.
- Prepared and reviewed monthly VAT returns and reconciliations; resolved mismatches to avoid penalties.
- Coordinated ERP reconciliations (SAP and Oracle) and recommended cost control improvements.
- Conducted statutory audit of a midsized hotel; reviewed revenue streams, payroll, and expense controls, ensuring compliance with accounting standards and improving accuracy of reporting.
Audit Senior
Fundnani & Co
Rayagada
01.2021 - 03.2024
- Led 20+ statutory and tax audits across manufacturing, trading and services; ensured compliance with IFRS, GAAP and Ind AS.
- Designed and executed risk based audit plans and implemented internal control framework aligned with COSO to strengthen governance; reduced compliance gaps by 15 percent.
- Performed substantive testing and variance analysis to identify revenue leakages and cost inefficiencies.
- Partnered with CFOs to prepare and finalize financial statements with transparent disclosures.
- Drove tax planning and compliance reviews; delivered around 10 percent annual liability reductions for clients.
- Supervised five junior auditors; improved audit closure timelines by 20 percent through documentation discipline.
- Implemented cost control measures via overhead analysis and restructuring.
Audit Assistant
Karra & Co
Chennai
08.2017 - 12.2020
- Involved in the statutory audit of a leading healthcare company with revenue exceeding ₹6,000 crore, ensuring compliance with regulatory requirements and accuracy of financial reporting.
- Conducted quarterly internal audits for a large IT services company; revenue recognition, vendor contracts and policy adherence.
- Handled tax audits of five listed companies; prepared Form 3CD and ensured compliance with the Income Tax Act.
- Executed NPA classification, provisioning checks and LFAR reporting for a national bank.
- Prepared and reviewed financial statements and consolidation schedules for mid sized corporates.
- Improved audit documentation with checklists; reduced reporting errors by 25 percent.
- Recommended cost control initiatives including working capital optimization.
- Supported GST compliance reviews by identifying GSTR 2A mismatches.
Education
Bachelor of Commerce - Commerce
Indira Gandhi National Open University (IGNOU)
New Delhi, India 04.2022 - 12.2023
Chartered Accountant - CA Final Group I cleared
Institute of Chartered Accountants of India
Skills
- Statutory and Tax Audit (IFRS, GAAP, Ind AS)
- Financial Reporting
- Group Consolidation
- IFRS 16 Compliance
- Treasury & Cash Flow Management
- Financial Planning & Analysis (FP&A)
- Budget Forecasting
- Internal Audit Frameworks
- Risk Assessment
- Variance Analysis
- Cost Control
- VAT & Direct Tax Compliance
- ERP: SAP
- ERP: Oracle
- ERP: Tally
- ERP: Excel
- Internal Controls
Online Profiles
LinkedIn, Not Provided
Timeline
Independent Audit Consultant
GCC Assignment
08.2024 - 01.2025
Bachelor of Commerce - Commerce
Indira Gandhi National Open University (IGNOU)
04.2022 - 12.2023
Co-Founder
FOODPE
06.2021 - Current
Audit Senior
Fundnani & Co
01.2021 - 03.2024
Audit Assistant
Karra & Co
08.2017 - 12.2020
Chartered Accountant - CA Final Group I cleared
Institute of Chartered Accountants of India