Varaprasad P
Hyderabad
Summary
Finance‑oriented Chartered Accountant and CFA Level I Candidate, currently serving as a Senior Associate in Statutory Audit at BDO India LLP. Adept at managing junior audit teams, executing comprehensive statutory and financial audits, and enhancing efficiencies via advanced Excel-based financial models. Poised to transition into deeper finance roles, combining solid audit experience with a strategic focus and commitment to continuous learning.
Overview
6
6
years of professional experience
Work History
Senior Associate
BDO India LLP
Bangalore
04.2024 - Current
- Performed statutory audits of SAP, having 9,000 crore, wherein I was involved in performing audit procedures on major financial statement areas: PPE, revenue, payroll, taxes, and compliance.
- I obtained an understanding of businesses and the Standard Operating Procedures (SOPs) involved in their functions.
- Assessed the risks in the business environment affecting the financial statements, and discussed them with key management personnel.
- Coordinated with cross-functional teams to streamline audit processes and workflows.
- Managed team resources, including assigning tasks, monitoring progress, and ensuring deadlines were met.
- Provided direction and guidance to junior associates on complex tasks.
- Lead various stock counts of IBO marts having stock worth 100 crore across Bangalore.
- Performed a tax audit of SAP.
- Assisting the entity in the conversion of IGAAP to Ind AS.
- Assisting an IPO client in restating its financials according to Ind AS.
Article Assistant
DSRK Associates
Hyderabad
07.2019 - 05.2022
- Performed statutory audits of various companies, wherein I was involved in performing audit procedures on major balance sheet items, like sales, purchases, fixed assets, and expenses.
- Testing of fixed assets by performing substantive audit procedures and other verifications, such as verification of asset purchase invoices, capitalization certificates, classification of assets, and useful life of assets.
- Performing audit procedures on expenses to assess whether they are of capital or revenue nature, personal or business expenses, proof of receipts, and whether they are reasonable or not.
- Handled Axis Bank currency chest audits in southern states.
- Independently handled tax audits for 30+ corporate and non-corporate clients.
- Finalization of books of accounts and financial statements as per AS and Schedule III, including cash flows of corporate entities.
- Prepared and finalized the books, accounts, and financial statements of various sole proprietorships and partnership entities.
Education
Chartered Accountancy - Accounting And Finance
The Institute of Chartered Accountants of India
11.2023
B. Com(A&F) - Accounting And Finance
IGNOU
Hyderabad07.2022
Skills
- Advanced-Excel such as Pivot, power query, Power BI
- MS Word
- PowerPoint
- Tally & SAP software
Timeline
Senior Associate
BDO India LLP
04.2024 - Current
Article Assistant
DSRK Associates
07.2019 - 05.2022
Chartered Accountancy - Accounting And Finance
The Institute of Chartered Accountants of India
B. Com(A&F) - Accounting And Finance
IGNOU
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