SRIDHAR KODAVATIGANTI
Finance And Accounts
Hyderabad
Summary
A Senior Accounts & Finance Professional with around 34 years of insightful experience in the management of Accounts & Finance Management, Payroll Management, Compliance Management and MIS Reporting Operations.
Overview
19
19
years of professional experience
5
5
Languages
Work History
Financial Controller
Croissance Clinical Research Pvt Ltd
Hyderabad
10.2022 - Current
- Close review of all the existing contracts and agreements of the Sponsors and Vendors in the company.
- Periodical Debtors & Creditors Monitoring based on the review of all the contracts and agreements based on the receivables and payments ascertained from the financial records of the company.
- Monthly preparation of profitability statements and submission to the management for their review.
- Preparation of Monthly Stock and Debtors Statements and submission of the same to the banks as part of Cash Credit Monitoring and Management. Monthly monitoring of expenditures as a cost cutting measure and implementation of controls.
- Liasion with banks on a periodical basis for various investment opportunities.
- Advising and computation of Tax of the employees for the relevant financial year. Introduction of Food Coupons as a tax savings option to the employees.
- Direct Monthly payroll management operations with revisions in Pay Roll Structure,Incentives,etc.
- Support auditors in conducting internal & statutory audits and help them during accounts finalization.
Manager – Accounts & Finance
TechnVision Ventures Limited
Hyderabad
09.2020 - 09.2022
- Maintaining & monitoring daily accounts & financial operations of Solix Group Of Companies & Trusts Monthly/Quarterly/Half yearly/Annual preparation of Financial reports viz. Income & Expenditure, Balance Sheet, Bank Reconciliations & other statements.
- Accounting & Costing of Apartments in Real Estate Accounts of group company Tiebeam Technologies India Pvt Ltd and preparation of periodical reports and submission to the Management
- Daily maintenance of the accounts of Touch A Life Foundation India (a Sec 88 Company) & TAL INC USA and monthly preparation of Balance sheets & Income & Expenditure Statements as required by the management.
- Liasion with banks on a periodical basis.
- Preparation of periodical profitability Statements for Board review.
- Direct Monthly payroll management operations with revisions in Pay Roll Structure,Incentives,etc.
- Support auditors in conducting internal & statutory audits and help them during accounts finalization.
Manager - Finance & Accounts
Vaya Finserv Private Limited & SKS Group Of Trusts
Hyderabad
06.2012 - 01.2018
- Maintaining & monitoring daily accounts & financial operations of the company(Vaya), Trusts along with that of SKS Trust Advisors Pvt Ltd.
- Branch Accounting & Reconciliation periodically
- Monitor monthly statutory payments (TDS, Service Tax, PF & ESI, GST) and periodical reporting to statutory authorities within the statutory deadlines.
- Periodical investment in Term deposits for generating additional revenue to the organization & effective Funds Management
- Liasion with banks on a periodical basis.
- Preparation of periodical profitability Statements for Board review.
- Quarterly filing of TDS Returns with the Income Tax Authorities & Half yearly Service Tax Returns. Direct payroll management operations with revisions in Pay Roll Structure.
- Support auditors in conducting internal & statutory audits and help them during accounts finalization. Introduced the HDFC Bank Food Cards & Gift Cards as a Tax saving measure for staff & investment advisory services to the staff from Income Tax point of view.
Manager – Accounts & Finance
Sristek Consulting Pvt Ltd
Hyderabad
04.2010 - 05.2012
- Monitor daily accounts & financial operations; manage monthly expenses budgeting and variance analysis.
- Handle monthly term loan and working capital management operations.
- Support auditors in conducting internal & statutory audits and help them during accounts finalization. Monitor monthly statutory payments and periodical reporting to authorities
- Direct payroll management operations
- Ensure monthly reporting to SEZ authorities & periodical financial reports to top management & debtors & creditors monitoring every month.
- Take care of renewal & enhancement of working capital limits of the company. Update PF records for regularization of PF System of Staff since 2006 to till date. Successfully introduced & implemented salary structure of Staff with Tax Planning.
- Efficiently accomplished documentation & submission for Overseas Direct Investment (ODI) by the company.
- Introduced the Sodexo Food Coupon scheme as a Tax saving measure for staff.
Finance Manager
Vamshi Rubber Limited
Hyderabad
04.2006 - 03.2010
- Monitored daily accounts and financial operations, managed monthly expenses budgeting & variance analysis operations.
- Took care of procurement functions of Term Loan & Working Capital for existing & new projects and subsequent renewal/enhancement.
- Conducted of internal and statutory audits with the help of auditors & handled monthly physical stock taking in the factory & Debtors Monitoring.
- Monitored monthly statutory payments and periodically reported to authorities.
- Handled verification operations of Monthly Excise, Sales Tax Returns, Service Tax returns & TDS. Procured Term Loan from Banks for factory expansion & successful renewal and enhancement of Working Capital for 2006-07, 2007-08 & 2008-09.
- Successfully introduced monthly profitability statements and quarterly balance sheet preparation for the management review.
- Effectively implemented Internal Audit in the company since FY 2006-07
Manager – Accounts
Ushakiran Movies Limited (Tourism)
Hyderabad
04.2004 - 03.2006
- Managed verification of various sales reports and collections at each tourism sales/cash outlets and daily reporting to management.
- Directed project wise preparation of costs & expenditures and respective Sales, ensuring profits/returns on each project.
- Took care of periodical reconciliation operations with sister concerns & intra units of the company. Handled payroll management operations.
- Ensured monthly reconciliation with all branches of the company, monthly TDS, FBT reports, and debtors & Creditors monitoring.
- Introduced & implemented of systematic preparation of daily sales & cash collection reports at all Sales outlets in Tourism Division
- Involved in assessment of profitability in various projects, viz Megafest (Oct 2004) and Fundoofest (Nov 2005) and accurately analyzed with documentation & reporting formats.
- Effectively introduced training programs to staff viz, communication skills, language improvement, behaviour skills with the tourists.
Education
PGDFM - FINANCE
04.2001 -
CA (Intermediate) - Finance
04.2001 -
Bachelor of Commerce -
04.2001 -
Skills
Financial Management
Accounting management
Pricing and costing
Budget development
Preparing financial statements
Staff Management
Budgeting
Financial planning
Finance
Professional Developments
- Attended Training on 7 Habits of Highly Effective People by Stephen Covey for Improving Efficiency, Group Cohesiveness & Proactiveness (1999 - 2001)
- Undergone Brief Training on Personality Development, Ramoji Film City (2005)
Additional Information
- Investments made in Fixed Deposits for Vaya Finserv Private Limite., Technvision Ventures Limited, Croissance Clinical Research Private Limited
- Introduction of Sodexo Food Coupons and Food Cards as a tax savings measure fo the employees in Cinoni India Private Limited
- Suggested various investment options in Tax planning to the employees in various organisations.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Financial Controller - Croissance Clinical Research Pvt Ltd
10.2022 - Current
Manager – Accounts & Finance - TechnVision Ventures Limited
09.2020 - 09.2022
Manager - Finance & Accounts - Vaya Finserv Private Limited & SKS Group Of Trusts
06.2012 - 01.2018
Manager – Accounts & Finance - Sristek Consulting Pvt Ltd
04.2010 - 05.2012
Finance Manager - Vamshi Rubber Limited
04.2006 - 03.2010
Manager – Accounts - Ushakiran Movies Limited (Tourism)
04.2004 - 03.2006
IGNOU - PGDFM , FINANCE
04.2001 -
The Institute of Chartered Accountants of India - CA (Intermediate), Finance
04.2001 -
University Of Pune - Bachelor of Commerce,
04.2001 -