SRINIVASULU A. G.

An astute & competent professional with 16+ years of experience in finance & accounts, bank reconciliation statements, MIS, Taxation. Functional knowledge of managing financial accounting, receivables & payables management, preparing ledger books, bank reconciliation statements and finalization of accounts. Expertise in monitoring the inflow & outflow of funds and ensuring optimum utilization of available funds towards the accomplishment of corporate goals.

• Accounts Payable
• Reconciled vendor accounts to ensure accuracy of payments and compliance with established policies and procedures
• Generated reports and provided analytics on accounts payable to senior management, resulting in improved budget forecasting
• Developed automated system for managing accounts payable, resulting in improved accuracy and efficiency
• Researched and resolved discrepancies between invoices and payments
• Tracked and monitored vendor payments to ensure timely payments
• Analyzed vendor invoices and identified opportunities for cost savings
• Collaborated with other shared service groups (Payroll, Procurement, HR, IT) to improve and standardize processes
• Managing overall activities encompassing preparation and following up of Accounts Payable as preparation and follow up of purchase orders for accounts payable
• Conducting ageing analysis of the payables to understand the paying pattern and devise effective accounts payable policies. Preparing bills payable; handling outstanding A/P
• Accounts Receivable
• Managing Receivable Management - accounting of bills, debtors ageing, interacting with the customers for collection & sending the reminders for collections
• Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control
• Reconciliation of Debtors ledgers account to clear the Bad debts
• GENERAL LEDGER
• Performed payroll processing for clients
• Prepared monthly bank reconciliation
• Reconciled General Ledger
• Developed process on how to resolve outstanding items
• Prepare and post journal entries to the general ledger
• Reconcile and analyze general ledger accounts
• FIXED ASSETS
• Coding and processing of invoices in OnBase
• Posting and filing of additions, disposals, transfers, asset changes and all sub ledger monthly and annual job posting
• Processing and analysis of the monthly depreciation runs from the company’s ERP system
• Liaising with auditors and advisors on issues as needed
• Cost Accounting
• Estimating material cost for the NPD’s based on the request by prospective customers; Compute production cost based on SUTP components
• Analyzing gross profit on sales for FG & RM, ZUCS Vs PCE; Generate Zinvoice report for Taxation, Schedules recon & upload, B/S Pre-& Post MEC
• Revising product cost based on Markup & Changes if any in the SUTP Components; Budgeting cost for the Quarter
• Taxation
• Preparation of RCM, ISD, Sales & Purchase schema & Reconciliation
• Handling Sales Tax/VAT, Service tax, tracking of C & F Forms
• Accrue sales tax on the expense invoices to ensure it meets SOX policy’s
• MIS
• Preparing the audit reports, Material Ledger, Bridge Reports, Stock in Transit, and other financial reports to keep a track of financial performance
• Generating sales report & preparing dash board; Analyzing purchase price variance & gross profit
• Back End Operations
• Mapping the exercise control measures to analyze financial ratios of Business, preparing proper documentation and adhering to the compliance with policies for processing of HL, PL & BL files of clients with different categories like Salaried & Self employed
• Assessing feedback, evaluating areas of improvements & calculating eligibility of clients based on their salary & business turnover; Prepare CAM & CIS
• Recommend files for approval; Coordinating with OPS Team for disbursement queries, updating tracker after disbursal & Reconciling APS downloaded data with MIS tracker, and circulating with concern team