VENKATESWARA RAO SAPIREDDY
Visakhapatnam
Summary
CMA-qualified finance professional with over three years of practical experience in corporate finance and accounts, specializing in financial reporting, budgeting, and strategic planning.
Overview
7
7
years of professional experience
Work History
Deputy Manager: Finance and Costing
Lee Pharma Limited
Vizag
2024.08 - Current
- Expertise in managing prepaid expenses, amortization schedules, and reconciliation.
- Preparation of the month-end close checklist and ensuring timely execution by the team.
- Ensured proper recognition and amortization of lease liabilities and Right-of-Use (ROU) assets, as per IFRS 16.
- Manage stage-wise and product-wise costing to ensure accurate cost allocation and profitability analysis.
- Conduct variance analysis to identify cost discrepancies, and recommend corrective actions..
- Execute monthly cost runs in SAP to ensure up-to-date cost information and financial reporting.
Assistant Manager: Corporate Finance and Accounts
Redserv Global Solutions Limited (A Redington Company)
Chennai
2022.05 - 2024.07
- Executed daily and month-end close processes, including journal entries, reconciliations, and financial reports, ensuring timely and accurate financial closure.
- Oversaw Fixed Assets accounting—handling additions, disposals, transfers, and month-end tasks—to maintain an accurate asset register.
- Spearheaded Record-to-Report (R2R) functions, including bank reconciliations, journal postings, liquidity reporting, and cash flow analysis.
- Processed general ledger transactions, including accruals, prepayments, and cost reclassifications, in alignment with accounting policies.
- Performed timely and accurate balance sheet account reconciliations to uphold financial statement integrity.
- Ensured adherence to IFRS standards and regulatory requirements across accounting operations.
- Collaborated with cross-functional teams to respond to audit queries, and implement process improvements.
- Prepared quarterly and annual financial statements in compliance with IFRS, ensuring accuracy, consistency, and alignment with corporate reporting timelines.
Article Assistant
Chebolu & Associates
Bhimavaram
2018.09 - 2021.11
- Reviewed financial statements for compliance with accounting principles and regulations.
- Collaborated with team members to complete audit assignments punctually.
- Scrutinized ledgers while verifying physical assets, stock, and cash balances.
- Ensured adherence to tax and labor laws, filing Income Tax Returns (ITR) by due dates.
- Participated in tax audits and analyzed draft financial statements for disclosure compliance.
Education
CMA - Finance And Accounting
Institute of Cost Accountants of India
Vijayawada2022-02
B.COM - Finance And Accounting
Adikavi Nannaya University
Rajahmundy2017-01
Skills
- Financial reporting
- Team leadership
- Time management
- Financial reconciliation
- Budget forecasting
Accomplishments
- Awarded as Best Employer for FY 22-23 at Redigton Limited
- Secured six exemptions out of eight papers in CMA final level
- Secured four exemptions out of eight papers in CMA Inter level
Languages
Telugu
First Language
English
Proficient (C2)
C2
Tamil
Advanced (C1)
C1
Timeline
Deputy Manager: Finance and Costing
Lee Pharma Limited
2024.08 - Current
Assistant Manager: Corporate Finance and Accounts
Redserv Global Solutions Limited (A Redington Company)
2022.05 - 2024.07
Article Assistant
Chebolu & Associates
2018.09 - 2021.11
CMA - Finance And Accounting
Institute of Cost Accountants of India
B.COM - Finance And Accounting
Adikavi Nannaya University