Sriranga Rayudu Kanumuri
Chartered Accountant
Summary
Accomplished Head of Finance with a proven track record in financial oversight, adept at meticulously reviewing financial statements, conducting audits, and delivering comprehensive reports. Proficient in managing day-to-day financial operations, ensuring accuracy in reporting and successfully steering month- and year-end closings. Recognized for a methodical and conscientious approach, dedicated to maintaining precision and effectiveness in all financial processes. Seeking to leverage extensive expertise in optimizing financial procedures and driving strategic decision-making for a progressive organization.
Overview
12
12
years of professional experience
9
9
years of post-secondary education
4
4
Languages
Work History
Head of Finance
Hyderabad Institute Of Oncology Pvt Ltd (Omega Hospitals)
Hyderabad
11.2019 - 09.2023
- Established and implemented robust controls over revenue and expenses, safeguarding company assets and ensuring compliance with financial regulations.
- Conducted in-depth financial risk analyses to forecast trends and provided recommendations for improvement, contributing to more informed decision-making processes.
- Oversaw day-to-day operations within a 17-person finance department, ensuring seamless workflow and optimum departmental performance.
- Produced comprehensive financial and operational reports, providing management with vital insights for developing and adjusting business strategies.
- Strengthened internal control systems and procedures, effectively mitigating risks and identifying new opportunities for growth and efficiency.
- Managed and successfully navigated Income Tax scrutiny, ensuring compliance and accuracy in tax-related matters.
- Prepared detailed financial statements, maintaining precision and adherence to accounting standards and principles.
- Created Management Information System (MIS) reports, presenting and discussing key financial insights with the management to drive informed strategic decisions.
- Collaborated with the Private Equity (PE) team, facilitating communication and providing necessary financial information as the company explored PE opportunities.
- Acted as a liaison between the company and various financial institutions and bankers, managing relationships and negotiations for loans and financial agreements when required.
- Coordinated and provided necessary information to both internal and external audit teams, ensuring a smooth and efficient audit process and compliance with regulatory standards.
Advanced Audit Analyst
Cohnreznick Professional Services Pvt Ltd
Chennai
11.2017 - 02.2018
- Performed Financial Statement Audits in accordance with firm standards for US Real Estate Affordable Housing Projects Entities using US GAAP.
- Involved in preparation of financial statements and drafting Audit reports.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
Advanced Audit Analyst
Cohnreznick Professional Services Pvt Ltd
Chennai
11.2016 - 02.2017
- Performed Financial Statement Audits in accordance with firm standards for US Real Estate Affordable Housing Projects Entities using US GAAP.
- Involved in preparation of financial statements and drafting Audit reports.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
Audit Manager
R.B. Associates
Hyderabad
03.2015 - 08.2015
- Trained and mentored department staff on policies and procedures to establish strong foundation for client development and service activities.
- Conducted strategic and technical reviews to verify compliance with quality control standards, schedule constraints and budget parameters.
- Recommended changes to management regarding financial operations.
- As part of the convergence process, we perform a diagnostic review of the entity's accounts to understand the complete process flow of each of the financial caption and then identify potential impact areas as part of the shift to Ind AS.
- Preparation of Tax Audit Reports/ Transfer Pricing Reports, etc. in assisting clients in the compliance requirements of Direct Taxation.
- Reported the results of audit findings to Audit Committee and Board.
- Have exposure in preparation & filing of Income Tax, TDS, Tax Audits, Transfer Pricing, ROC and Indirect Tax Returns (GST, Service Tax).
- Have varied exposure in handling Accounting, Statutory Audits, Internal Audits, Tax Audits of non-listed, private limited companies, Trusts, Partnership Firms and Individuals in various industries.
- As a member of the audit team my responsibility has included verification of the balance sheet, profit & Loss Account and cash flow statements includes the audit procedures such as variance analysis, inventory valuation, debtors analysis.
- Facilitated internal audits and prepared detailed reports on findings.
- Interacted with internal staff and clients to improve operational knowledge of relevant tax issues and business implications.
Articleship Trainee
R.B. Associates
Hyderabad
01.2012 - 02.2015
- Completed research, compiled data, updated spreadsheets, and produced timely reports.
- Interacted with customers by phone, email, or in-person to provide information.
- Sorted and organized files, spreadsheets, and reports.
- Analyzed problems and worked with teams to develop solutions.
- Collaborated with senior management on new initiatives to build confidence.
- Prepared project presentations and reports to assist senior staff.
- Maintained accurate records and documentation of projects to inform stakeholders of progress and updates.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Prepared working papers, reports and supporting documentation for audit findings.
Education
High School Diploma -
Master Minds
Guntur 06.2008 - 03.2010
Bachelor of Commerce - Accounting And Finance
Acharya Nagarjuna University
Guntur 06.2010 - 05.2013
Chartered Accountant -
Institute of Chartered Accountants of India
11.2015 - 11.2019
Skills
Financial analysis and reporting
Reporting familiarity
Cash handling expertise
Process implementation
Relationship building and management
Staff Management
Organizational skills
Tally and MS Office
Strategic and financial planning
Hobbies
Reading Books
Playing Badminton and Cricket
Writing Poetry and Stories
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Head of Finance
Hyderabad Institute Of Oncology Pvt Ltd (Omega Hospitals)
11.2019 - 09.2023
Advanced Audit Analyst
Cohnreznick Professional Services Pvt Ltd
11.2017 - 02.2018
Advanced Audit Analyst
Cohnreznick Professional Services Pvt Ltd
11.2016 - 02.2017
Chartered Accountant -
Institute of Chartered Accountants of India
11.2015 - 11.2019
Audit Manager
R.B. Associates
03.2015 - 08.2015
Articleship Trainee
R.B. Associates
01.2012 - 02.2015
Bachelor of Commerce - Accounting And Finance
Acharya Nagarjuna University
06.2010 - 05.2013
High School Diploma -
Master Minds
06.2008 - 03.2010