VASANTH KUMAR K
Bengaluru
Summary
10+ years experienced Finance professional with the ability to achieve or surpass collection targets and cash flow management for the company by leading teams effectively. Possesses hands-on experience with developing new talents, managing in house expertise, training teams and carefully planning, executing & monitoring projects and Business Partners. Provides direction, leadership and motivation to ensure that teams perform to the best of their abilities and deliver consistently. Developed excellent liaising and negotiation skills by managing and communicating with various stakeholders such as external customers, buyers, supply sales managers, etc. over the past 10 years. Believes in acquiring new skills constantly, on-the-job and by attending numerous trainings. In the current role as Assistant Manager - Finance, TRS Solutions LLP
Overview
11
11
years of professional experience
Work History
Assistant Manager - Finance
TRS Solutions LLP
08.2020 - Current
- Headed 6 Member team with responsibility of Overall finance and accounts operations for 4 different entities with 4 Branch
- Monitoring, mentoring & motivating the workforce to enhance their efficiencies with excellent people management skills for leading personnel towards accomplishment of common goals by distributing work daily and monitoring progress to ensure timely release and minimal errors
- Ensured reclassification and accounting of wrong or unaccounted entries prior to closure of the General Ledger
- GST related computation, Monthly Return Filing and reviewing submissions TDS/TCS proper deduction and timely deposit of TDS, quarterly filling of TDS return and issuing certificates Ensured Timely and accurate Budgeting, Planning & Month End Financial Reporting to Company Management
- Planned and executed monthly / quarterly / annual closure schedules; provided monthly financial statements; administered the monthly closing process
- Reviewing and finalizing the accounts on a monthly basis with detailed ledger scrutiny Maintained MIS Report (for monthly BRM) Played a key role in Smooth Conduct of Internal and external Audits
- Administering the cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cash forecast Leading entire accounting operations and steering Internal & Statutory Audits for the organization Accounts Payable, end-to-end Vendor Invoice Processing and ensuring payments are released to vendors on due date Accounts Receivable, timely invoicing and receipts of account receivables, receipt accounting and clearing Spearheading the entire accounts & finance functions including maintenance & finalization of accounts, profit monitoring, report management, building internal financial controls, Capex management, determining accounting objectives, designing & implementing systems and framing policies & procedures to facilitate process control Notable success in working closely with Board, senior management & other teams to forecast and analyse revenue performance and trends of existing and new business avenues / projects; proven capabilities in Management Reporting for senior management review and assisting critical decision – making by conceptualizing SOPs & Metrics for the team
- Streamlining the corporate and daily business planning process and facilitating process improvement, resource optimization, system development and new process introduction
- Looking After Revenue Recognition and monitoring collection of funds
- Responsible for ensuring compliance of Internal Financial controls, Statutory Financial reporting, audit coordination
Sr. Accounts Executive
Pace Electricals Pvt Ltd
04.2018 - 04.2020
- Preparing weekly and monthly reports of my work and presenting to the account managers of the Company
- Coordinating with the junior account executive and training the staff
- Handling and Maintaining of day-to-day Book Accounts like Bank & Cash Book, Purchase Register, Sales Register, General ledgers, Reconciliation of Debtor & Creditors ledgers, Bank Reconciliation Statement …etc
- Calculation and payment of Monthly PT, TDS & GSTR1, GSTR 3B
- Reconciliation of Books vs GSTR 2A Filing of PT, eTDS, GST Returns Working for Statutory Assessments
- Knowledge of Saral TDS and Tally 9 ERP.
Audit & Accounts Executive
Mahesh Bhat & Co
08.2017 - 03.2018
Accounts Executive
AGILIS CONSULTANTS (KARNATAKA) PVT LTD
08.2015 - 07.2017
Bhatof Statutory Registrations and AmendmentsKnowledge of Winman TDS, CA ERP, Tally 9 ERP and Quick Books
BUSINESS SUPPORT STAFF
CIPLA LTD
07.2013 - 04.2015
- Handling Karnataka, Andrapradesh, Telangana, Tamilnadu & Kerala Special Rate – Direct Supply Division in South Zone Commercial & Finance Team
- Review and finalization of stockiest monthly direct supply audit reports of all locations
- Preparation of monthly Special Rate MIS
- Processing and Approving of stockiest monthly and additional claims
- Hospital Inspection/Audit.
Education
M.COM -
KARNATAKA STATE OPEN UNIVERSITY
01-2013
B.COM -
APS EVENING COLLEGE-BANGALORE
01-2009
PUC -
APS EVENING COLLEGE-BANGALORE
01-2006
Skills
- Accounts & Finance Analysis & Planning
- MIS, Reporting, Internal Controls
- Internal Financial Controls
- Critical decision-making
- Process Improvement and System Development
- Accounting administration
- General Ledger
- Business strategy development
- Cash Flow & Treasury Management
- Taxation/ Audit & Inspection/ Inventory Audit
- Accounts Receivable / Payables
- Team Building and Training
- Expense Management/ Cost Optimization
Personaldetail
DOB : 03/01/1986
Father's Name : Krishnoji Rao
Address : #171, Elegant Suraksha, Flat No B002, Sri Anantheshwara Nilaya, Sarakki, 12th Cross, 1st Phase, J P Nagar, Bengaluru, Karnataka, 560078.
Timeline
Assistant Manager - Finance
TRS Solutions LLP
08.2020 - Current
Sr. Accounts Executive
Pace Electricals Pvt Ltd
04.2018 - 04.2020
Audit & Accounts Executive
Mahesh Bhat & Co
08.2017 - 03.2018
Accounts Executive
AGILIS CONSULTANTS (KARNATAKA) PVT LTD
08.2015 - 07.2017
BUSINESS SUPPORT STAFF
CIPLA LTD
07.2013 - 04.2015
M.COM -
KARNATAKA STATE OPEN UNIVERSITY
B.COM -
APS EVENING COLLEGE-BANGALORE
PUC -
APS EVENING COLLEGE-BANGALORE
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