Vittal Hegde

✅ Core Finance & Accounting

• Prepared and reviewed monthly financial statements, ensuring compliance with Ind AS and statutory requirements.

• Handled day-to-day accounting operations, including AP, AR, bank reconciliations, and journal entries.

• Coordinated monthly and yearly closings, streamlining reporting timelines by 15%.

• Supported statutory, internal, and tax audits, ensuring zero non-compliance observations.

✅Taxation (Direct & Indirect)

• Managed TDS and GST compliance including filing of returns (GSTR-1, GSTR-3B, TDS returns), reconciliations, and assessments.

• Liaised with consultants and authorities for the timely resolution of notices and queries under Income Tax and GST.

• Assisted in transfer pricing documentation and Form 3CEB reporting for cross-border transactions.

✅Budgeting & Forecasting

• Assisted in preparing annual budgets and quarterly forecasts by coordinating with department heads.

• Analyzed variances between actuals vs budget, providing actionable insights to management.

• Improved budgeting accuracy by implementing detailed cost center-wise analysis.

• Developed and maintained detailed MIS reports for management, focusing on cash flow, expense tracking, and revenue performance.

✅ Team & Process Management

• Led process improvement initiatives, reducing manual errors in invoicing and collections.

• Supported ERP transition (SAP/Tally/Focus) by mapping financial processes and testing workflows.

✅Treasury & Banking

• Handled cash flow management, monitored fund requirements, and coordinated with banks for working capital arrangements.

• Managed vendor and customer payments ensuring compliance with credit terms and internal policies.

✅Payroll Processing

• Processed monthly payroll for over ___ employees across multiple locations, ensuring 100% accuracy and adherence to timelines.

• Coordinated with HR, Finance, and IT teams to ensure smooth data flow and correct salary inputs (attendance, incentives, leaves, LOP, etc.).

• Managed full and final settlements (F&F), bonuses, arrears, and off-cycle payments in compliance with company policies

• Ensured timely calculation, deduction, and filing of PF, ESI, PT, LWF, and TDS in accordance with Indian labor laws.

• Prepared and submitted monthly/quarterly/annual returns including Form 24Q, PF ECR, ESI Returns, and PT Challans.

• Handled end-to-end compliance with Income Tax provisions including employee tax declarations, investment proofs, and Form 16 issuance.

• Facilitated internal and statutory payroll audits, ensuring zero non-compliance and timely resolution of audit queries.

• Maintained accurate payroll records, audit trails, and employee-related compliance documentation

• Compile and present detailed monthly and quarterly financial reports for management's perusal, and act as the focal point in preparing year-end financials.
• Created and implemented accounting policies and practices, supporting the new automated system.
• Preparation of all financial reports, including the Profit and Loss Statement, Balance Sheet, and Statement of Cash Flows, as well as the year-end financial reports.
• Provide timely explanations of variances between actual results and forecasts/budgets, and provide corrective action recommendations to management, where necessary.
• Oversee the general accounting processes of inter-company transactions, fixed assets, accounting, TDS compliance, and financial reporting of all entities.
• Responsible for all accounting activities in compliance with statutory requirements of all government departments, and computation of income tax for employees.
• Reports submission to banks, i.e. Quarter and half-year financials, other financial summaries, QIS summary, etc.
• The GST implementation process and other GST-related activities, along with guidance and notes issued based on their queries.
• Monthly preparation of the stock audit report and MIS preparation of the trading unit of RGFE.
• Identified control weaknesses in current accounting procedures and made recommendations to improve the accuracy of financial tracking and reporting.
• Reviewed financial documentation to ensure accuracy, made necessary adjustments to invoices, tracked customer payments, and coordinated with other departments to ensure consistency.

• Verification of day-to-day transactions, accounting receipts, and payments.
• Ledger review and handling of accounts receivables, payables, and sundry creditors’ reconciliation.
• Providing the required clarifications to the statutory auditors.
• Ensuring there is no lapse in payment while adhering to the process of the payment guidelines given by corporate.
• Verifying bills, supporting documents, necessary approvals, and following up with the respective department. for obtaining the necessary documents.
• Passing entries for month-end provisions, prepaid expenses, and debtors and creditors reconciliation, assisting in the finalization of accounts and audit.
• Accounting with the correct chart field, GL code, project ID, Department ID, STPI, etc. Closing the books on time every month. and checking each voucher for multiple taxes, and maintaining good audit compliance and controls.
• Preparation of the Debtors Ledger Report with aging analysis on a monthly and quarterly basis for the corporate office.
• Preparation of the revenue collection report, sales reconciliation report, and analysis for the same.

• Maintenance of accounts in Tally ERP 9.0, preparation of statements of accounts, and maintenance of ledger accounts.
• Preparation of sales invoices, purchase orders, and maintenance of stock reports on a daily basis. Checking any pending purchase orders for customers.
• Preparation of monthly MIS reports and analysis of the same.
• Preparation and payment of monthly TDS, as well as quarterly and annual returns. Issue of TDS Certificates. Calculation and preparation of monthly challans.
• Preparation of VAT Audit Report, VAT240, online submission of monthly VAT returns, payments, and preparation of E-Sugam.
• Calculation of deductions, preparation of monthly and annual challans, and returns of provident fund and employee state insurance. Monthly payments of PF, ESI, and PT.
• Monthly submission of excise returns (ER-1), maintenance of RG-23 – Part I & II, and payment of excise duty every month.
• Preparation of the Bank Reconciliation Statement and rectification of the same.
• Processing employees' reimbursements. Full and final settlements, claims, medical, LTA, and allocated claims, etc., and accounting for the same in Tally Payroll.

• Company Overview: Bangalore
• Verifying and entering of Sales and purchase invoices of clients in to Tally.
• Preparation of Bank Reconciliation Statement of clients.
• Preparing application of VAT and PAN, TAN, AGMARK of customers.
• Collecting and verifying of TDS certificated of clients and preparing reconciliation through 26AS.
• Preparation of vendor reconciliation and submission of report to management.
• Computation of month wise VAT payable statement and preparing and submitting to VAT department with in time.
• Computation of Taxable Income of the Assesse and submission of income tax filing within time.
• Bangalore