SESHU R

• Being Deputy Manager Finance, i will be leading and managing a team of 6 members responsible for Finance and accounts functions ( P2P, O2C Process , GL Book closure)
• GL review and GL reconciliations
• Overseeing GST & TDS Complinaces, ensuring timely payment and filing of returns and ensuring posting of all entries
• Distributing work among the team members with respect to Statutory, Tax and GST Audits
• BRS Review and Monthly, Quarterly and Year end Book closures with respect to provisions, prepaid expenses, Rental deposits, FDs and Mutual funds and payroll entries of and Inter company and branch reconciliations and ensuring posting of all necessary entries with respect to closure
• Fixed assets accounting, preparing and Maintaining FAR, computation of depreciation as per Schedhule II posting necessary entries
• Monthly MIS preparation and sending for CFO review and approval
• Preparing Financials as per Schedule - III, Cash flow statements and AS - 7 preparation for all Projects
• Bank CMA data, Loan application, Monthly Stock Statements - DP
• Assisting in the preparation of financial reports and budgets, and resolving procurement-related issues by working closely with the procurement team and vendors to ensure timely payment and accurate invoice processing.
• Exploring for possible process improvements, Automation and stay updated with regulatory laws updates (GST, TDS, MSME )

Roles related to Accounts payable :

• Managing payment operations centrally for all 11 plants and 32 warehouses in India
• Resolving invoicing and payment difficulties in a timely manner, including processing PO and Non-PO invoices, managing vendors, and processing payments accurately and promptly
• Performing AP Accounting responsibilities such as Debit Memo and Aged Invoice analysis
• Resolving and preventing issues related to invoice on hold errors
• Monitoring the master data creation and modification of vendor master in SAP
• Assisting the Financial Controller in daily payment forecasting and fund planning
• Being responsible for month closing activities of corporate and warehouses for closure of monthly MIS and assessment of AP-related items for the balance sheet
• Performing ad-hoc activities associated with the role as required
• Effectively and timely resolving audit queries raised by the auditors
• Contributing ideas and actions towards the continuous improvement of Accounts Payable-related processes.

Roles Related to GL, MIS & Book closure :

• GL Review and its reconcilliations ( GRIR, Advances, Retentions and AR open line items and Stat dues )
• Preparing and Sending controlling team dash boards
• Branch reconcilliation posting necessary entries
• Provisions Review posting necessary entries and its timely reversals
• Ensuring timely book closure with respect to Month end and year end
• Audit co ordination with respect Stat, tax internal and DD audits
• Reviewing and finalizing TDS workings, ensuring timely payment and its returns
• Ensuring compliances with respect to section 195 payments and issuing appropriate forms
• Preparing MIS schedules and assisting my FC in releasing the MIS within the agreed timelines

GST - Nov 2022 - Apr - 2024 :

• Ensuring compliances with respect to GSTR-1, 3B, GSTR-6 and 9 and 9C by filing accurate and timely return filing for 20 GST states across the india
• Accepting TCS credits which is filed by the market place vendors and reconcile the same with the books of accounts
• Posting entries with respect to GST payable knock off, payment ITC availment of etc and reconciling the ITC and Cash control gls with that of GST portal balances
• Communicating Missing in 2B and Mismatch invoices to AP team for payment blocks
• E Invoice and STO review sending pendencies to the functional and cross functional teams for corrective actions
• Preparing estimation pay and sending it to the GM for tax planning by adjusting STO pricing and ensuring the same has been configured in SAP
• Closely monitoring STO rates at State level to optimize GST Liability and working capital.
• Ensure GST compliances and addressing queries w.r.t. movement of goods (e-invoice, EWB, QR code and such other requirement)
• Providing inputs and BRDs to the SAP and tech teams for process improvements and Compliances
• Automation projects: GST and TDS Compliances ( E Invoice and E way bill for all billing types where ever applicable, Dynamic QR code, ISD Possible improvements in Sales and Purhcase register Reports for GST, TDS 194 Q, LDC limits configuration and STOs and Vendor communication through Google sheets and SAP )
• GST audit and notices handling and providing responses to queries raised department
• Analysis and publishing of GST dashboards capturing GST liability, input tax credit, cash flow movements for all locations

• Supervising the Accounts Payable and Accounts Receivable function
• Preparing and reporting on MIS to management
• Carrying out monthly book closure activities
• Routinely checking daily transactions of Accounts Receivable and Accounts Payable
• Collaborating with HR to finalize payroll
• Ensuring compliance with respect to payment of TDS, GST, and other statutory dues
• Preparing and filing GST and TDS returns
• Involved in hiring and training new team members and keeping them updated with changes in ongoing processes
• Played a key role in maintaining accurate financial records and ensuring compliance with relevant laws and regulations.

• Providing accounting and auditing services to clients
• Preparation and filing of GST and TDS returns
• Books finalization during year end.

• Process audit documentation
• Stock audit for clients and impaneled banks