VAISHAKH K
Malappuram
Summary
Dynamic Senior Accountant with extensive experience at TURBOLUX PAINTS, excelling in financial reporting and compliance. Proven expertise in taxation and cost analysis, coupled with strong leadership skills. Successfully managed audits and implemented process improvements, enhancing operational efficiency and ensuring adherence to regulatory standards. Proficient in SAP and advanced Excel for insightful financial analysis.
Overview
6
6
years of professional experience
Work History
SENIOR ACCOUNTANT
TURBOLUX PAINTS PRIVATE LIMITED
MALAPPURAM
07.2023 - Current
- Financial Reporting & Compliance:Prepare and analyze financial statements (P&L, Balance Sheet, Cash Flow).
Ensure compliance with accounting standards, tax regulations, and company policies.
Manage statutory audits, internal audits, and financial reviews.
- Accounts Payable & Receivable:Oversee vendor payments, invoice processing, and reconciliation.
Monitor customer outstanding balances and ensure timely collections.
Implement and maintain credit control policies.
- Taxation & Regulatory Compliance:Ensure timely filing of GST, TDS, and other statutory taxes.
Handle tax assessments, audits, and liaise with tax consultants.
Stay updated with changes in tax laws and implement necessary changes.
- Banking & Treasury Management:Monitor bank reconciliations, fund flows, and cash management.
Manage loan repayments, working capital, and financial forecasting.
Coordinate with banks for financial transactions and facilities.
- Budgeting & Forecasting:Prepare annual budgets and financial projections.
Track actuals vs. budget and analyze variances.
Provide financial insights for strategic decision-making.
Cost Analysis & Control:Maintain cost records and analyze product costing.
Identify cost-saving opportunities and recommend efficiency improvements.
Monitor raw material costs, production expenses, and operational costs.
- Inventory & Stock Management:Track inventory valuation and ensure proper stock reporting.
Conduct stock audits and suggest improvements for stock control.
Ensure accurate cost allocation for stock transfers.
- Profitability & Pricing Analysis:Assess product margins and profitability by category.
Assist in determining product pricing based on cost structures.
Evaluate the impact of raw material price fluctuations on product cost.
- Process Improvement & MIS Reporting:Prepare cost reports and financial MIS for management.
Develop cost accounting methodologies for accurate cost allocation.
Support decision-making through financial insights and process optimizations.
OFFICER AUDIT
RSM ASTUTE CONSULTING PRIVATE LTD / SURESH SURANA & ASSOCIATES LLP
Hyderabad
04.2022 - 05.2023
- Conducted opening meetings and walkthroughs with the process owners and understood the process as a whole.
- Performed data analytics to find operational issues and financial issues, and addressed management for a better and more efficient process.
- Performed a risk-based process audit by preparing a Risk Control Matrix.
- Identified control weaknesses and suggested system-based/manual internal controls to strengthen them.
- Performed an internal audit in various processes, such as Payroll, Procurement, Sales to Receivables, Subcontracting, Inventory Management, Fixed Assets, CWIP Review, Safety, Logistics, and other accounts and finance functions.
- Prepared internal audit reports highlighting observations of the audit, its root cause, and implications, and documented appropriate recommendations for the business.
- Follow up on the implementation of the previous recommendation made to the management.
- Delegated appropriate work to team members and reviewed their work in a structured format.
ASSISTANT AUDITOR
CMA AHAMED SHAJAHAN & CO
Malappuram
07.2019 - 04.2022
- Preparation of Financial Statements
- Balance Sheet Reconciliation
- Posting Journal Entries
- Bookkeeping And Accounts Management
- Record to Report
- General ledger
- Journal Posting
- Bank Reconciliation
- Preparation of Business Plans & Project Reports
- Internal Audit
- Income Tax Filing
- GST Registration & Return Filing
- GST Audit
- TDS Filing
- Company/LLP Formation and Compliance
Education
Cost And Management Accountant - Intermediate
Institute of Cost Accountant of India
12.2020
Master Of Commerce -
Indira Gandhi National Open University
Bachelor of Commerce -
Indira Gandhi National Open University
06-2021
Higher Secondary -
Kerala State Board
Thirunavaya, India01.2015
Secondary - SSLC
Kerala State Board
Thirunavaya, India01.2013
Certificate Program - Tally & Microsoft Office 2010
IPA
Tirur, IndiaSkills
- Financial and Cost Accounting: Strong knowledge of accounting principles, cost analysis, and financial reporting
- Taxation and Compliance: Expertise in GST, TDS, and statutory regulations
- ERP and Accounting Software: Proficient in SAP and Tally for accounting and financial management
- Microsoft Office Suite: Advanced Microsoft Excel (Pivot Tables, VLOOKUP, Macros), and Microsoft PowerPoint for presentations
- Budgeting and Forecasting: Skilled in preparing financial budgets, variance analysis, and cost optimization
- Audit & Risk Management: Experience in handling internal and statutory audits, ensuring financial accuracy
- Banking and Treasury Operations: Expertise in fund management, reconciliations, and financial controls
- Communication and Leadership: Strong interpersonal skills for cross-department collaboration and decision-making
Personal Information
- Gender: Male
- DOB :26-02-1998
- Marital Status: Single
Self Declaration
I hereby declare that the particulars furnished above are true and correct to the best of my knowledge and belief.
Languages
Malayalam
First Language
English
Proficient (C2)
C2
Hindi
Intermediate (B1)
B1
Tamil
Intermediate (B1)
B1
Timeline
SENIOR ACCOUNTANT
TURBOLUX PAINTS PRIVATE LIMITED
07.2023 - Current
OFFICER AUDIT
RSM ASTUTE CONSULTING PRIVATE LTD / SURESH SURANA & ASSOCIATES LLP
04.2022 - 05.2023
ASSISTANT AUDITOR
CMA AHAMED SHAJAHAN & CO
07.2019 - 04.2022
Cost And Management Accountant - Intermediate
Institute of Cost Accountant of India
Master Of Commerce -
Indira Gandhi National Open University
Bachelor of Commerce -
Indira Gandhi National Open University
Higher Secondary -
Kerala State Board
Secondary - SSLC
Kerala State Board
Certificate Program - Tally & Microsoft Office 2010
IPA
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