Thota Siva Srinivas

• Team lead for Statutory audits, Tax Audits and GST audits, Bank concurrent audits, Stock Audits and Fixed Asset Audits.
• Facilitated internal audits and prepared detailed reports on findings
• Developed high-level knowledge of client business goals, policies and procedures to establish foundation for targeted problem solutions.
• Provided valuable insights to senior management on potential business risks identified during audits.
• Developed comprehensive audit plans outlining scope, goals, timelines, and resource requirements for each project.
• Conducted regular training sessions for audit staff, increasing their knowledge and skill set .
• Enhanced audit efficiency by streamlining processes and implementing new auditing software.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Ensured compliance with industry regulations by conducting regular reviews of company policies and procedures.
• Interacted with internal staff and clients to improve operational knowledge of relevant tax issues and business implications.

Achievements:

Enhanced Team Productivity: Boosted Team Productivity by 30% by implementing effective training and mentorship.

Client Retention Excellence: Achieved 100% of client retention rate through optimized auditing practices.

• -Maintained company general ledger, monthly closure process, and account reconciliations
• Prepared financial statements to monthly company budget process
• Prepared detailed schedules and technical accounting memorandum to support complex accounting treatment
• Accounts payable, receivable & Reconciliation (Creditors, Debtors)
• Fixed Asset accounting and depreciation
• Accounting Entries- Sales, Purchase, Credit note, Journals
• Petty cash entries
• Bank reconciliation
• Assisting internal auditors/resolving queries of Auditor
• Checking day to day cash sales & EDC sales/assisting the manager to deposit the same
• Inter branch reconciliation of branches
• GST Computation & Remittance and Return filing
• TDS Calculation & Remittance and Return filing
• ESI, PT & PF Return Filing.
• Making Payments through E-Net Banking
• Preparation of Documents to Bank for Foreign exchange remittances.
• Preparation of Documents to Sales reach outs i.e Stock transfer memo and E-way Bills.
• Circulation of MIS reports to TOP Management .
• Preparation of Accounts payable statement
• Preparation of Accounts Receivable Statement
• Maintaining Statutory Compliance register
• Preparation of Monthly sales report and profit analysis
• Preparation Consolidated Profit & Loss of branches
• Preparation of Monthly Budget and Implementation of budgetary control.

Achievements:

• Improved financial reporting accuracy by streamlining data collection and analysis processes.
• Provided guidance to junior finance team members, promoting professional growth and skill development within department.
• Enhanced internal controls by implementing effective risk management strategies.
• Improved inter-departmental communication by hosting regular finance-focused training sessions for non-finance staff members

• Input all relevant transactions and supervised properly within accounting system.
• Observed strict confidentiality regulations to maintain data security.
• Created financial dashboards to provide insights into key performance indicators.
• Established and checked coding procedures, monitored reports and updated internal files.
• Managed accurate and timely processing of Invoices.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Developed strategic plans for day-to-day financial operations.