BSK III Stage

Vivekananda Nagar

Bangalore -560085

babureddyicwa @ gmail.com

Mobile:09945724733

Mobile:08088674483

B.com , AICWA

POSITION IN FINANCE /ACCOUNTS /AUDIT /CONSULTENCY

Presently working  for an MNC 

Job Profile

• Preparing MIS for US client
• Preparing Budget
• Reviewing GL Reconciliations
• Reviewing Payroll Reconciliations
• Proposing Month end Entries
• Monitoring Accounts Payable Processing

Worked for  General Motors India Pvt Ltd (PUNE) from March 2008 to March 2009

  As Assistant Manager Finance

1. Cash Management at Plant

Ø  To monitor daily cash withdrawals and disbursements

Ø  To ensure cash availability at the plant

To ensure proper coverage under insurance to cash and cashier

2. Request for Cheque (RFC)

Ø  To ensure timely payment s to the vendors except Customs duty payments through

Ø   request raised by user departments and payments which are not picked up in the

 Scheduled payment run.

3. Payment Runs

Ø  To expedite the process of making payments to vendors as per due dates specified

Ø  in the payment run process.

4.  Bank reconciliations

Ø  To check for bank reco uploaded in time by ACS.

Ø  Support the ACS in clearing open entries.

Ø  Co-ordination with ACS to get the entries posted in SAP.

5. Monthly closing entries

Pass the necessary month end entries for revaluation of imported materials

/ Capex payables, forex derivatives.

6. Cash Flow Management

Ø  Daily cash flow statement for timely decision for making investments.

Ø  Forecasting cash 1st week planning

Ø  Investment in Fixed Deposits as per policy for utilization of surplus funds for earning

high rate of returns.

Provide Forecast versus Actual cash flow report for each month

7. LC and Bank Guarantees

Ø  Liasoning with banks and financial institutions for LC and Bank Guarantees

Ø  Maintaining LC and BG tracker for smooth functioning

8. Working Capital Requirement execution

Ø  To meet the working capital requirements based on first week cash forecast report.

9. Banking relationships

Ø   To regularly visit the bankers for smooth functioning of banking transactions

10. Ensure DPs are prepared for the function, aligned with the roles and responsibilities,

validated by  IC  and updation on regular basis as per business requirements.

11. To support GM India Long Term Funding Plan Structure with Corporate Treasury.
12. To Provide AP/AR/Inventory Report & Review with Plant Controller on Monthly basis
13. To Support Distribution Company Financial Transactions on need basis
14. Interaction with bankers ( Citi Bank & ICICI)
15. Close follow with (ACS) for accounting of all Employee claims
16. Monitoring Accounts payable function
17. Releasing all statuary payments
18. coordinating with  ACS( Outsourcing agency for accounting) for accounting of

      for all Vendor bills and timely release of payments.

From Dec 2006 to Dec 2007 Worked for Vipul facility Management Pvt Ltd as

 Manager Accounts.

Job profile is as follows.

• Monitoring  Billing/collections
• Make sure to release the payments in time
• Participating in the client meetings for revision and New contracts
• Ensure all statutory payments will made with the stipulated time
• Preparing Branch MIS and sending Reports CEO
• Preparing the closing  activities and sending details to HO

From March  2004 to July 2006 Worked for  SAP Labs India Pvt Ltd

In Finance Department (Contract)

Job profile is as follows.

• Team Lead for the Accounts Payable Team.
• Verification of the Invoices and ensure the documents are

       accordance with Purchasing policy.

• Make Sure to release the Payments as per due date.
• Interaction with Bankers (Citi Bank,HSBC and HDFC)

• Making  A1 and A2 Payments
• Handling  Treasury Activities
• Closing activities – Accruals
• Review of GL & A/P
• Fixed Asset Management
• Review of Oversees Travel Accounting
• Participating in Payroll closing.
• Review of TDS and Service Tax.
• Interacting with the Auditors to close the A/P activities.

From July 2000 to May 2003 Worked as an Accounts Trainee and Accounts Officer

 in Indian Rayon & Industries Ltd, Madura Garments Division & PAL (Adithya Birla Group),

 Bangalore.  

• Handling Sales Tax Assessments all over India
• Knowledge in VAT
• Handling Showroom accounts
• BRS
• Preparation of out standing Debtors and Creditors
• MIS
• Valuation of Inventory
• Allocation of Costs
• Bill Passing

From Sep.1998 to Sep.1999: BHEL, Industrial Systems Group.

Industrial Trainee Internal Audit.

Participating in the half yearly Audit.

Management Audit

Analytical Review Procedures

Concurrent Audit.

From Nov 97 to Aug.98  Sogasani & Co Charted Accounts.

Audit Assistant.

Corporate Audits.

Bank Audits.

Income Tax Audits

Project Financing.

Passed ICWAI in June 2009.

Passed B.Com Examination conducted by S.V. University in 1992 with First Division

I have got university first with the following three papers.

First B.com Business Statistics 98% of marks (overall 75.33% which is college first.

First B.com Accountancy 87%

Third B.com Cost Accountancy 96%

Handle any of the Finance/Accounts/Audit Work/Consultancy.

M.S. Excel, M.S. Word, Sun Micro systems, Great Plains, Tally and SAP

Languages Known: English, Telugu, Kannada, Tamil, Hindi, Marathi

Passport No:G5367038

PAN No : ALCPB2901N