SV Phani Kumar Pippalla

• Spearhead the development of comprehensive annual budgets, integrating historical data and market trends to achieve improved forecast accuracy.
• Oversee rolling monthly forecasts, aligning with corporate objectives and addressing deviations to maintain alignment with budget targets.
• Lead product-wise revenue and cost analysis, delivering insights that boosted profitability in underperforming segments.
• Direct accounts payable and receivable operations, ensuring on-time vendor payments and a significant reduction in overdue receivables.
• Implement process improvements within AP/AR functions, reducing processing time and enhancing accuracy.
• Present weekly EBITDA and operational updates to senior management, highlighting variances and proposing corrective strategies that resulted in noticeable EBITDA improvement.
• Collaborate with cross-functional teams to streamline workflows, achieving a significant reduction in turnaround times for critical projects.

Responsibilities:

Finance & Accounts: Oversee the complete accounting function, including book closure, preparation of financial statements, and quarterly controllership reporting, ensuring accuracy and compliance.

MIS Reporting: Generate detailed financial and performance reports for specific business units, including Budget vs. Actuals, Vendor Reconciliation, Bank Reconciliations, Monthly P&L, and Balance Sheet schedules, to support decision-making.

Budgeting: Lead the development of annual and quarterly budgets, providing comprehensive variance analysis and actionable insights to management.

Fund Management: Prepare monthly cash flow forecasts, ensuring timely fund arrangements and optimal utilization to achieve organizational objectives.

Receivables and Payables Management: Conduct periodic aging analysis, generate reports for business teams, and organize review meetings to ensure timely collections and adherence to vendor payment terms.

SOX Compliance: Participate in SOX audit processes, including identifying control activities, designing effective testing mechanisms, and presenting results to management.

Taxation: Ensure the timely payment and filing of Direct & Indirect tax returns. Manage Income Tax computations, TDS deductions, and GST reconciliations to maintain statutory compliance.

Special Projects: Drive initiatives such as Vendor Digitization and Vendor Satisfaction Surveys, enhancing operational efficiency and stakeholder engagement.

Audit Management: Collaborate with internal and external auditors to manage statutory and management audits, ensuring compliance and timely resolution of audit findings.

Cross-Functional Collaboration: Partner with business teams to address and resolve financial and operational challenges effectively.

• Designed and executed detailed annual budgets, integrating expenditure and business unit forecasts.
• Delivered monthly MIS reports with in-depth variance analysis, enabling leadership to act on data-driven insights.
• Prepared monthly business unit presentations, providing a detailed analysis of cost elements and revenues against budgets, and presented findings to BU leaders within strict timelines.
• Prepared financial statements in compliance with Schedule III of the Companies Act, along with notes to accounts for statutory audit purposes.
• Compiled and submitted CMA data, FFR-I, and FFR-II reports to banks, ensuring regulatory compliance.
• Calculated advance tax liabilities and provided recommendations to management for timely payment as per the Income Tax Act.
• Computed provisions for income tax and deferred tax to finalize monthly MIS financials.
• Coordinated with tax consultants for annual return filings and assessment-related information.
• Ensured the accurate and timely filing of quarterly TDS returns and annual income tax returns, along with advance tax payments.
• Collaborated with external and internal auditors to complete audits within deadlines and achieve seamless compliance.
• Coordinate with Tax consultant for filing of Annual returns and providing of information relating to Assessments.
• Ensure accurate and timely filing of Quarterly TDS returns and Annual Income tax returns. Computation & payment of Advance taxes as per Income Tax Act.
• Coordinate with External and Internal auditors to ensure that the audit is completed in a timely manner.

• Conduct in-depth reviews of procurement, payroll, and operational processes for industries such as cement, manufacturing, and infrastructure, identifying inefficiencies and recommending improvements.
• Execute targeted process audits, delivering actionable insights that enhance operational excellence and compliance across diverse sectors.
• Develop and implement customized Standard Operating Procedures (SOPs) to strengthen control mechanisms, optimize efficiency, and ensure adherence to industry standards.

• Led statutory audits across cement, mining, and banking sectors, ensuring compliance with audit frameworks.
• Evaluated internal controls and conducted financial reviews, enhancing organizational transparency.
• Streamlined stock and debtor management processes, improving accuracy and reporting timelines.

• Assisted in executing audits for manufacturing and retail enterprises, delivering precise reports from planning to conclusion.
• Independently managed financial statement preparation and tax compliance for diverse clients.