VAMSI KRISHNA KOTA
FINANCE ASSOCIATE - AP AND AR ANALYST - SEMI QUALIFIED CA
Guntur
Summary
Finance Associate with over 8 years developing and managing financial strategies for both large and small organizations. Proven expertise in current tax law and regulations. Implements financial best practices across departments to streamline budget requirements and increase profitability. Works closely with management to analyze and interpret complex accounting information to meet company performance goals. Experienced with financial analysis and reporting, ensuring accurate and timely financial data. Utilizes analytical skills to support strategic decision-making and process improvements. Strong understanding of collaboration and adaptability in dynamic environments.
Overview
11
11
years of professional experience
Work History
Finance Associate - AP & AR
Seven Hills IT Services Pvt Ltd
Remote
10.2022 - Current
- Created and verified invoices.
- Resolved various escalated billing charges.
- Applied best practices to align accounting processes with current laws and regulations.
- Oversaw accounts payable and receivable transactions.
- Processed payments to vendors and assisted with other accounts payable and receivables tasks.
- Assisted in the successful completion of annual audits, addressing auditor inquiries and providing supporting documentation.
- Enhanced financial accuracy by streamlining the monthly close process and reconciling account discrepancies.
- Evaluated office processes, making suggestions to improve efficiency.
- Gathered and collected all financial information for business and verified accuracy in system.
- Managed vendor relationships, negotiating contract terms, and processing timely invoice payments.
- Implemented policies for SOX compliance and GAAP requirements when compiling financial statements and disclosures.
- Input financial data and produce reports using Bill, Wave, and ADP.
- Processed daily financial transactions in support of finance team objectives.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Reconciled accounts, managed audits and updated financial records with remarkable accuracy.
- Reduced financial discrepancies, effectively reconciling bank accounts and organizing information into accounting software.
- Reconciled company bank, credit card and line of credit accounts, investigating, and resolving discrepancies to keep accounts audit-ready.
- Improved cash flow management through diligent accounts receivable monitoring and collections efforts.
- Helped reconcile bank statements and accounts and maintain accuracy and current records.
Office Administrator and Paid Assistant
Vedanta Accounting Services
Tenali, Guntur District, Andhra Pradesh
04.2018 - 10.2022
- Coordinated communications, financial processing, registration, recordkeeping, and other administrative functions.
- Answered multi-line phone system, routing calls, delivering messages to staff and greeting visitors.
- Maintained electronic and paper filing systems for easy retrieval of information.
- Tracked office supplies and restocked low items to keep team members on-task and productive.
- Reviewed and analyzed client data and accurately prepared income tax returns and tax research.
- Completed and filed returns with tax departments at local, state, and federal levels.
- Collaborated with senior Tax Associates to develop solutions for complex tax issues, ensuring compliance and minimizing liabilities.
- Prepared accurate tax returns for individuals, partnerships, corporations, and non-profit organizations, maximizing deductions and credits.
- Enhanced client tax savings by identifying and implementing effective tax strategies.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
- Developed strong relationships with clients through consistent communication regarding their unique needs and goals related to taxation matters.
- Researched and analyzed specialized tax laws, rules and regulations and analyze pertinent client, industry, and technical matters to remain current on tax legislation.
- Streamlined tax preparation processes for increased efficiency and accuracy in filing returns.
- Conducted thorough research on federal and state tax regulations, providing valuable insights to clients and team members.
- Leveraged specialized software tools to optimize data organization and analysis throughout the entire taxation process.
- Participated in continuing education courses to maintain professional knowledge and certifications as a Tax Associate.
- Helped individuals build legacies through estate and gift tax planning, charitable giving, and philanthropy services.
- Analyzed financial records to verify accuracy of tax returns.
- Assessed client tax situations to determine best filing options.
- Maintained compliance by adhering to current tax laws and regulations.
- Prepared tax returns, extensions, tax planning calculations, and write-ups for organizations and entities.
Article Assistante - Finance & Tax Associate
Velaga Associates & Kanagala And Associates
Guntur, India
03.2015 - 04.2018
- Analyzed financial statements to identify potential discrepancies or opportunities for improved tax planning strategies.
- Contributed to overall team success by consistently meeting or exceeding performance metrics for quality, productivity, and client satisfaction.
- Managed portfolio of assigned clients'' accounts, monitoring deadlines, payments, refunds, and other critical aspects of their financial health.
- Maintained detailed records of client interactions and transactions, ensuring the highest level of accuracy and confidentiality.
- Provided exceptional client service by addressing inquiries promptly and effectively resolving concerns.
- Secured and properly handled confidential data to protect against unauthorized access, improper transmission, and unapproved disclosure.
- Researched complex tax issues utilizing online resources and professional tax software.
- Analyzed financial documents to accurately reflect client information on tax returns.
- Facilitated communication between clients and tax authorities.
- Calculated estimated tax payments for clients.
- Collaborated with clients to answer questions and provide advice on tax matters.
- Developed spreadsheet models to accurately track tax information.
- Consulted with clients to assess and mitigate future tax liabilities and determine eligibility for tax abatement.
- Collaborated with senior Tax Associates to develop solutions for complex tax issues, ensuring compliance and minimizing liabilities.
Education
MBA - Finance And Human Resource
VIGNAN UNIVERSITY
Vadlamudi, Guntur District, Andhra Pradesh 04.2001 -
Academic & Professional - Finance & Accounting
The Institute of Chartered Accountants of India
New Delhi, India 04.2001 -
Bachelor of Commerce - Finance, Accounting & Taxation
NRK And KSR GUPTA DEGREEE COLLEGE
TENALI, GUNTUR DISTRICT, ANDHRA PRADESH 04.2001 -
Skills
Financial auditing expertise
Organized financial tracking
Timely monthly report generation
Excel spreadsheet management expertise
Management of receivables
Effective debt oversight
Effective cash flow oversight
Tax law compliance
System efficiency monitoring
Clear communication with stakeholders
Management of accounts payable
Compliance audit facilitation
Timeline
Finance Associate - AP & AR
Seven Hills IT Services Pvt Ltd
10.2022 - Current
Office Administrator and Paid Assistant
Vedanta Accounting Services
04.2018 - 10.2022
Article Assistante - Finance & Tax Associate
Velaga Associates & Kanagala And Associates
03.2015 - 04.2018
MBA - Finance And Human Resource
VIGNAN UNIVERSITY
04.2001 -
Academic & Professional - Finance & Accounting
The Institute of Chartered Accountants of India
04.2001 -
Bachelor of Commerce - Finance, Accounting & Taxation
NRK And KSR GUPTA DEGREEE COLLEGE
04.2001 -