Yakkala Venkata Sandeep
Bengaluru
Overview
1
1
Certification
9
9
years of professional experience
Work History
Articled Trainee and Executive
A Madhusudhana and Co
Hyderabad
10.2014
- Prepared audit plan and audit program, supervised and monitored the work of audit staff of the firm
- Compliances with Indian accounting standards, and laws applicable on the Organization like Factories act, Income tax act-1961, GST Act,2017 & Companies act 2013
- Successfully migrated the client's ERP into Tally ERP.9 & SAP
- Handled around 20+ income tax scrutiny cases in Hyderabad
- Sectors covered: -Manufacturing sectors, IT and Service Industries, Government Banks, AOP/BOI, etc.
Senior Manager-Finance & Accounts
OLA Electric-Business Finance & Strategy
11.2023 - Current
- Month end close process, monthly forecasting and annual planning process, review of contracts for commitment and contingencies disclosure, and inventory audit process
- Develop an effective operations and production forecasting process, interlinked with a sales forecast, which can be incorporated into the overall Company-wide financial forecasts
- Execute cost improvement initiatives in the Supply Chain to reduce inefficiencies and waste throughout the value chain
- Accurate forecasts for Finished Goods inventory values and production plans, in cooperation with the Supply Chain teams
- Opex and Capex controller and Control over- Outbound Logistics cost, Budgeting, Forecasting & MIS, Quarterly Roll Forward, Capex case Evaluation & capitalization
- Inventory Management: Inventory Levels, Slow/Non-moving/Obsolete inventory analysis and control, Inventory Variances Controls, Inventory audits and physical verification.
Senior Manager - Finance & Accounts
ITC Limited, Paperboard and Specialty Papers Division
04.2022 - 10.2023
- Five-year Planning, Forecast, Outlooks and Variances
- Developed various dynamic and interactive reports including Geographical, /product/customer-consignee wise profitability report
- Introduction of various dashboards such as Daily Sales Report, Scatter diagram for profitability, Profitability report, RONA, Daily profitability report, etc
- Support to senior management on Business performance reviews on periodic basis and co-ordination with various stakeholders for queries and business details
- Process improvements resulted in savings in more than 50 man-days
- Preparation of product cost sheets, inventory valuation, preparation of Flash, Outlook for the mother plant (Bhadrachalm)
- Execution of co modules assessment cycles for calculation of product cost.
Team member
Center of Excellence
04.2021 - 03.2022
- Team member in implementation of new business vertical for PSPD division, handled activities such as product costing, capex framework, onboarding consultants, business case studies, regular presentation to senior management, financial modeling, investment decisions, etc.
Bills Payable, Commercial negotiations, Business partnering
ITC limited
04.2018 - 04.2021
- Executing 12-Month Production Plan by creating demand plans for 20+ domestic and imports SKUs at monthly & processing unit level
- Designing extensive network plans including region wise storage location, capacity plan for raw materials and finished goods at target inventory
- Establishing Supply Chain Metrics by developing and publishing weekly, monthly dashboards for tracking cost, service level & wastage metrics
- Member in various committees such as Negotiation committee, Scrap Sale committee, Logistics Committee
- Key member in budgeting, forecasting and preparing five-year plan and 12 months plan for Materials function
- Key partner in commercial negotiations for Materials function and handles a portfolio of 500Crores Owner for vendor master database and WEBRFQ, an online based system to raise RFQ and receive quotes through portal
- Ensuring compliances with SOP and SOPs in line with contemporary business practices
- Product Costing: Developing various product costing as per the business requirement and cost booking process in ERP
- Logistics co-pilot for PSPD division and manages a portfolio of 450+crores
- Recommending various financial models to senior management to enable decision making
- Spearheaded various cost saving initiatives such as Strategic Cost Management, SARAL, Manthan, Industry 4.0 etc
- Handled revenue bills payment to ITC Bhadrachalam plant (mother plant) for PSPD division and handled team of 20+ members.
Education
Diploma in IFRS -
ACCA London
01.2019
Bachelors in Commerce -
Nagarjuna University, Guntur
01.2018
Chartered Accountancy -
ICAI
01.2017
12th -
Masterminds Junior College, Guntur
01.2012
10th -
Viswashanthi Public School (State Board), Markapur
01.2010
Skills
- SAP
- MS Office (Word, Excel, PowerPoint)
- Reporting Oversight
- Strategic Planning
- Data Analytics
- Budget Administration
- Cross-Functional Collaboration
- Documentation and Reporting
- Influencing and Negotiating
- Operations Planning
Personal Information
- Age: 28
- Date of Birth: 10/07/95
Languages
- Telugu
- Hindi
- English
Certification
- Pursuing ACCA
- Diploma IFRS
Timeline
Senior Manager-Finance & Accounts
OLA Electric-Business Finance & Strategy
11.2023 - Current
Senior Manager - Finance & Accounts
ITC Limited, Paperboard and Specialty Papers Division
04.2022 - 10.2023
Team member
Center of Excellence
04.2021 - 03.2022
Bills Payable, Commercial negotiations, Business partnering
ITC limited
04.2018 - 04.2021
Articled Trainee and Executive
A Madhusudhana and Co
10.2014
Diploma in IFRS -
ACCA London
Bachelors in Commerce -
Nagarjuna University, Guntur
Chartered Accountancy -
ICAI
12th -
Masterminds Junior College, Guntur
10th -
Viswashanthi Public School (State Board), Markapur
Similar Profiles
Samarth ShenoySamarth Shenoy
Vice President at Standard Chartered BankVice President at Standard Chartered Bank
Netali AgrawalNetali Agrawal
AVP – Data Science Manager at Commonwealth Bank of AustraliaAVP – Data Science Manager at Commonwealth Bank of Australia
Rakesh Kumar ARakesh Kumar A
Project Manager at Blue YonderProject Manager at Blue Yonder