Tally ERP
Sumesh Koduvalli
Senior Accountant
Kannur,KL
Summary
Experienced Senior Accountant successful at cultivating effective working relationships at all levels while driving improvements to budget administration, expense tracking and forecasting of future financial needs. Proven track record of performing work ethically while maintaining integrity of all financial data.
Overview
3
3
Languages
19
19
years of professional experience
Work History
Senior Accountant
Rima Carbonate Industries LLC
10.2023 - Current
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
- Improved cash flow management by implementing stricter credit policies.
- Enhanced compliance with tax regulations by meticulously updating and maintaining tax records.
- Streamlined accounts payable processes, reducing payment cycle times by automating invoice processing.
- Optimized cash flow management, carefully scheduling outgoing payments to coincide with receivable cycles.
Accountant & Senior Accountant
Cannanore County Club & Resorts Pvt, LTD
09.2021 - 08.2023
- Managed monthly and annual GST,TDS filings for the company, ensuring timely submissions and compliance with regulations.
- Reconciled accounts and created documents for monthly closure procedures.
- Handled month-end and year-end Profit & Loss and other Reports
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Contributed to hiring, training and development of accounting teams.
- Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
- Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
- Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
Accountant
La Terrazza International LLC
01.2011 - 07.2020
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
Junior Accountant
Hotel High Palace
04.2007 - 10.2010
- Prepared journal entries and entered into system using Tally 5.1.
- Collaborated with senior accountants to perform month-end closing procedures, ensuring timely financial reporting.
- Enhanced financial accuracy by reconciling accounts and analyzing financial statements.
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
- Assisted with preparation of monthly financial statements.
- Reconciled month-end totals for timely and accurate reporting of financial information.
Education
Master of Commerce - Finance
CV Raman University
Bilaspur, India 04.2001 -
B.Com - Accounting And Finance
Calicut University
Kozhikode, India 04.2001 -
Skills
Bank Reconciliation
Financial Reporting
Financial statement review
General ledger accounting
Inventory Accounting
Payroll Processing
Audit Support
Tax Preparation
Cash Flow Management
Internal controls implementation
ERP Systems Expertise
Manufacturing Accounting
Software
Zoho Books
SAP
Timeline
Senior Accountant
Rima Carbonate Industries LLC
10.2023 - Current
Accountant & Senior Accountant
Cannanore County Club & Resorts Pvt, LTD
09.2021 - 08.2023
Accountant
La Terrazza International LLC
01.2011 - 07.2020
Junior Accountant
Hotel High Palace
04.2007 - 10.2010
Master of Commerce - Finance
CV Raman University
04.2001 -
B.Com - Accounting And Finance
Calicut University
04.2001 -