SUDHAKARARAO BUDUMURU

Support in General Ledger period close activities and accurate monthly closing as per schedule, including reconciliations, and analysis of related accounts, proficient in reviewing and enhancing all financial & accounting procedures and internal controls and automation finance & accounts processes.

Responsible to handle day to day accounting, need to guide accounts payable team to process, track, and record payments in an accurate, efficient, and timely manner, responsible for both a day-to-day and ongoing impact on financial transactions, keeping us on track, on time.

Provide financial reports and interpret financial information to managerial staff while recommending further courses of action

Preparation of MIS reports for various departments and analyzing of reports

• Analyzed monthly balance sheets, income statements and cash flow information and wrote up reports.
• Supported year-end audits by preparing physical and digital records for review.
• Reconciled balance sheets and income statements each month.
• Processed vendor payments, invoices and account statements.
• Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
• Prepared internal and regulatory financial reports, balance sheets and income statements.
• Ensure statutory compliances under Income Tax Act, Companies Act, GST Act etc.

• Developed and implemented effective accounting systems.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Directed accounting team in timely reporting of finances for diverse client businesses.
• Contributed to hiring, training and development of accounting teams.
• Updated general ledger with latest entries.
• Reconciled accounts and created documents for monthly closure procedures.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• MIS reports

• Analyzed monthly balance sheets, income statements and cash flow information and wrote up reports.
• Supported year-end audits by preparing physical and digital records for review.
• Reconciled balance sheets and income statements each month.
• Administered expenses in line with forecasted business demands and available income.
• Processed payroll for employees and reported payroll taxes for organization.

• Documented cash, credit, fixed assets, accrued expenses and line of credit transactions.
• Reconciled accounts and reviewed expense data, net worth and assets.
• Maintain financial records to determine tax liability.
• Built bookkeeping systems and strategies to achieve financial savings and goals.
• Validated and recorded invoices and resolved discrepancies with vendors.
• Worked with senior accounting staff to prepare financial documents and reports such as bills and invoices, year-end analysis, budgets, financial records and financial statements.