Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Suman Vemuru

Hyderabad

Summary

Dynamic finance professional with a proven track record at ICRISAT, adept in GST compliance and enhancing financial processes. Excelled in ERP implementations, showcasing leadership in payables transformation. Expertise in Oracle Netsuite P2P, complemented by strong organizational skills, significantly improved transaction accuracy and financial reporting.

Overview

16
16
years of professional experience

Work History

Associate Manager - Accounts

ICRISAT
Hyderabad
01.2016 - Current

Ensured timely and accurate transactions by leading the account payable function.

Handled full GST operations for ICRISAT, processing a total of 30 quarterly refunds and generating an inflow of 65 crores from April 2018 onward.

Assist in financial reporting and budgeting, preparing budgets and financial forecasts, and physical stock verification.

Review and process invoices along with providing the resolutions and releasing the invoices for Payment.

Handled payment forecasting on a monthly and weekly basis.

Highlighted significant concerns and irregularities through detailed variance analysis each month.

Served as single point of contact for procurement team concerning all Purchase Order inquiries.

Managed comprehensive P2P process execution amid ERP transitions in both 2017 & 2024.

Comprehensive understanding of applicable GST regulations.

Interface directly with tax authorities for compliance matters.

Collaborated with internal and statutory auditors.

Senior Executive Operations

Franklin Templeton International Services Ind. Ltd
Hyderabad
09.2012 - 12.2015

Managed back-office processing for all mutual fund transactions reported across branches.

Proficient in Mutual Fund Schemes.

Possess extensive knowledge of dividend processing and financial transactions.

Liaised between branches and technical team for engagements requiring functional knowledge.

Research Associate

Capital IQ Information Systems
Hyderabad
04.2009 - 03.2011

· Assist in developing the Financial Database and Product information of all the companies whose stocks are being traded on NYSE, AMEX, NASDAQ, OTC, and Other Global Stock Exchanges.

· Carrying out a thorough analysis of various companies, based on the financial statements, the release of results, and processing the same using specialized and standardized codes and formats

· Extracting the details on latest update on various industries through internet and business magazines

Performing a qualitative and financial analysis of the companies, sending detailed reports to the clients and ensuring integrity and quality in all communications

Education

CA INTER - Financial Accounting

ICAI
INDIA
05-2006

Bachelor of Commerce - Commerce And Accountancy

Acharya Nagarjuna University
Andhra Pradesh
03-2004

Skills

Functional Skills: Procure to Pay, Order to Cash Process, ERP implementation experience, GST Compliance

Technical Skills: Oracle Netsuite P2P Module Lead, INFOR P2P module Lead

Leadership Skills: Payables Transformation, Time Management & Organizational Skills, Compliance Management

Accomplishments

· Digitalisation of payment process.

· Reduction of P2P process by 15%

· GST refund of 65 crores within 2.5 years

Timeline

Associate Manager - Accounts

ICRISAT
01.2016 - Current

Senior Executive Operations

Franklin Templeton International Services Ind. Ltd
09.2012 - 12.2015

Research Associate

Capital IQ Information Systems
04.2009 - 03.2011

CA INTER - Financial Accounting

ICAI

Bachelor of Commerce - Commerce And Accountancy

Acharya Nagarjuna University
Suman Vemuru