SRINIVAS VASADI
Hyderabad
Summary
Chartered Accountant experienced in Accounts, Auditing, and Taxation. Delivered accurate financial reporting and ensured compliance with statutory requirements, strengthening stakeholder confidence through reliable analysis and disciplined governance. Focused on enhancing organisational value through effective budgeting, cash flow management, and the development of audit strategies.
Overview
1
1
Language
1
1
Certification
17
17
years of professional experience
Work History
Finance & Accounts Manager
Chememan India Pvt Ltd
Hyderabad, India
07.2022 - Current
- Led annual budgeting process, collaborating with department heads to align resources with strategic objectives.
- Managed comprehensive financial reporting processes, including balance sheets and income statements, for accurate monthly closings.
- Monitored cash flow forecasts to manage liquidity and support operational needs.
- Streamlined accounts payable and receivable processes, improving cash flow management and reducing outstanding debts.
- Administered corporate tax filings and liaised with tax authorities, ensuring compliance with legislation and optimising tax positions.
- Coordinated with external auditors during annual audits to ensure compliance with accounting standards and regulations.
- Managed stakeholder relationships, providing regular financial updates and addressing inquiries promptly.
- Oversaw payroll processing, ensuring timely and accurate salary payments, tax deductions, and benefit allocations.
- Reported on financial situation to guide decision-making and budget formulation.
- Analysed investment opportunities and provided recommendations, contributing to the growth of company assets.
- Conducted detailed financial analysis to identify trends, forecast performance, and support strategic decision-making.
- Developed and maintained financial policies and procedures manual, enhancing organisational efficiency and accountability.
Manager (Finance and Investments).
Organo
Hyderabad, India
10.2021 - 06.2022
- Compiled information and created graphs to enhance financial reporting and support budgetary management.
- Negotiated contracts with suppliers, securing favourable terms that decreased costs by 10% annually.
- Fostered strong relationships with key clients, resulting in a 25% increase in repeat business.
- Developed and implemented proactive strategies that contributed to company growth.
- Led a team of 25 employees, fostering a collaborative environment to meet project deadlines efficiently.
- Participated in industry conventions to network and gather insights. to represent organisation, gather information and help build new partnerships.
Manager( Accounts & Finance)
Pal Motors & Co. (Mahindra & Mahindra)
05.2017 - 05.2021
- Led company’s financial operations and managed Treasury functions to ensure alignment with strategic objectives.
- Oversaw Accounting & Billing department operations and Treasury functions to maintain financial accuracy and efficiency.
- Provide accurate and timely financial information and reports to facilitate the decision-making process and ensure success of the corporation.
- Provide monthly information and analysis for Strategic Management Team
- Generated monthly and quarterly financial reports for the bank.
- Handled financial reporting under IGAAP, executed the annual budget process, delivered monthly reviews, and developed business plans and other programmes.
- Executed monthly closing procedures to ensure accurate financial reporting. and product costing.
- Analysed cash flow, operating costs and variances to support financial planning and decision-making.
- Created the company’s financial statements and oversaw the MIS preparation.
- Implemented policies and procedures to establish adequate controls in financial operations.
- Preparation of segment wise, product wise and customer wise contribution report.
- Conducted physical verification of stock to ensure inventory accuracy and integrity..
- Ensured compliance of Companies Act 2013, Statutory Audit, Internal Audit, and TDS Provisions.
- Supervised the maintenance of data related to specific Accounting functions in order to ensure information availability and accuracy
- Conducted physical verification of stock to ensure inventory accuracy and integrity.
Manager -Accounts
Gottimukala Constructions ( G-CON ).
07.2012 - 11.2016
- Prepare financial statements, including monthly and annual accounts.
- Maintain Projects Wise P&L, Balance Sheet to Assess the Tax Payable / Profit Accrued On Each Project.
- Handling accounts receivable, accounts payable, general ledger and closing of books.
- Preparations of Standard & Actual Budgets and Variances Analysis.
- Arrange financial management reports, including financial planning and forecasting.
- Prepared monthly bank reconciliation statements for multiple projects, ensuring accuracy in financial records.
- Executed internal audits for corporate financing, generating MIS reports to enhance financial oversight.
- Ensuring compliance of Service & Vat, Statutory Audit, Internal Audit, and TDS Provisions.
- Managed the maintenance of data for specific accounting functions to guarantee information availability and accuracy.
Articled Assistant
D.M Rao & Co.
08.2009 - 02.2012
- Prepared Audit Plan and ensured timely completion
- Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2015 (CARO).
- Compliance with Accounting Standards.
- Compliance with requirement of schedule III of the Companies Act, 2013.
- Prepared and reviewed various reconciliation statements, including bank reconciliation statements and stock
- Analysed debtors and creditors, focusing on ageing, recovery period, balance confirmation procedures, and related legal cases
- Preparation of Income Tax computation of Individuals, Firms and Companies
- Analysis of Stock and Stores – Identification procedures for Slow Moving, Non Moving and Obsolete items, analysis of Purchase Procedure.
Education
CA-FINAL -
The Institute Of Chartered Accountant Of India
New Delhi, DL01-2018
CA-IPCC -
The Institute Of Chartered Accountant Of India
01-2012
B COM -
Andhra University
01-2012
CA-CPT -
The Institute Of Chartered Accountant Of India
01-2008
Intermediate -
Board of Intermediate
01-2007
SSC -
Board of Secondary School
01-2005
Skills
- Financial reporting
- Budget forecasting
- Cash flow management
- Tax compliance
- Balance sheet reconciliations
- Fixed asset accounting
- Performance analysis
- Cash Flow analysis
- Expense management
- Cost-reduction strategies
- Sales and purchase ledgers
- Accounting knowledge
- Internal controls enforcement
- Project Management
- Analytical thinker
- Internal controls enforcement
PERSONAL DOSSIER
Linguistics Abilities : English, Hindi &Telugu
Certification
- 100 hours ITT Course from The Institute of Chartered Accountants of India.
- 35 hours Orientation Programme from The Institute of Chartered Accountants of India.
- 90 hours General Management and Communication Skills from The Institute of Chartered Accountants of India.
BEYOND CURRICULUM
Youth for Seva Organization., Volunteer in Youth for Seva Organization.
TRAINING AND CERTIFICATIONS
- 100 hours ITT Course from The Institute of Chartered Accountants of India.
- 35 hours Orientation Programme from The Institute of Chartered Accountants of India.
- 90 hours General Management and Communication Skills from The Institute of Chartered Accountants of India.
Disclaimer
Date: 28-06-2021, Place: Hyderabad. (SRINIVAS VASADI)
PERSONAL DOSSIER
Father’s Name : Mr.Satyanarayana Vasadi
Timeline
Finance & Accounts Manager
Chememan India Pvt Ltd
07.2022 - Current
Manager (Finance and Investments).
Organo
10.2021 - 06.2022
Manager( Accounts & Finance)
Pal Motors & Co. (Mahindra & Mahindra)
05.2017 - 05.2021
Manager -Accounts
Gottimukala Constructions ( G-CON ).
07.2012 - 11.2016
Articled Assistant
D.M Rao & Co.
08.2009 - 02.2012
CA-FINAL -
The Institute Of Chartered Accountant Of India
CA-IPCC -
The Institute Of Chartered Accountant Of India
B COM -
Andhra University
CA-CPT -
The Institute Of Chartered Accountant Of India
Intermediate -
Board of Intermediate
SSC -
Board of Secondary School