P Venkateshwar Rao

Senior Executive Accounts
Hyderabad, Andhra Pradesh, India
Statutory Compliance, SAP R/3, Administration
About
? A dedicated and hardworking professional with technical accounting skills and a practical knowledge of
how to apply accounting and business knowledge.

? Sound analytical skills to identify process controls, gaps and mitigate the identified issues.

? Adept at working in high pressure environments with strict deadlines and multiple deliverables.
? ?
Talents
Work Experience
ACCOUNTS EXECUTIVE
TEKCARE INDIA PRIVATE LIMITED
Full Time Jun-2000 To present 24 years 10 months
Responsibilities
  • Finance & Accounts
    ~ Overseeing preparation of statutory books of Accounts, Fixed Asset Register, Bank Reconciliation, Party Reconciliation and Consolidated Reports in compliance with time & accuracy norms.
    ~ Handling financial statements including Trial Balance, Profit & Loss A/c, Age-Wise Accounts Payables and Receivables Statements and Balance Sheets.
    ~ Monitoring day to day bank transactions, bank reconciliation, inventory reconciliation, inventory management, invoicing and periodical bank submissions.
    ~ Ensuring financial closure of Accounts Payable Module in a timely manner.
    ~ Reviewing existing processes and defining new processes where required; ensuring that no audit queries are raised in the yearly audit.

    Budgeting & MIS
    ~ Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
    ~ Preparing the MIS reports, Cash & Fund Flow Statement, Balance Sheet, Audit Reports and other financial reports to keep a track of financial performance.

    Audits, Internal Controls and Taxation
    ~ Conducting audits; evaluating the internal control systems with a view to highlight shortcomings & implementing recommendations made by Internal Auditors.
    ~ Computing & arranging for timely deposit of taxes (Provident Fund, Profession Tax, Sales Tax VAT, ESIC, Excise & TDS) and filing of returns for timely completion of assessment and ensuring statutory compliance.
    ~ Liaising with Banks, Sales Tax Department in sales tax assessment & exemption of new projects, Income Tax Department for income tax matters, PF and other local bodies for other matters.

    Fund Management
    ~ Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cash forecast ensuring that there is no shortage of cash in hand.
    ~ Extending support to seniors for working capital loan, liaison with banks for its renewal/enhancements, bank guarantee, etc.

    Commercial Accounting
    ~ Managing sales accounting function, preparing debtor reconciliation statements and analysis.
    ~ Devising and implementing policies and procedure including credit policy, sales operational manual.
    ~ Performing analytical review of financial statements and evaluation of internal control systems for carrying out Internal / Statutory Audits.

    Payrolls
    ~ Preparation of monthly salary, Overtime, Staff vacation settlement, Final Settlement of Dues (Termination & Resignation.)
Achievements
  • Selected Accomplishments
    ~ Appreciated by the Management for Best Cost Cutting Suggestion
    ~ Recognized for making the Hyderabad branch a model branch in terms of Service
    ~ Member of the Internal Audit Group for South India
    ~ Rewarded by the management for excellent audit work
    ~ Played a crucial role in the Tally to SAP Implementation
Education
Master of Commerce, Business Management
, Eastern Institute for Integrated Learning in Management University
2010-2012
Blogs & Portfolio
FUTURE OF ACCOUNTS IN CORPORATE SECTORS
FUTURE OF ACCOUNTS IN CORPORATE SECTORS
Blog
FUTURE OF ACCOUNTS IN CORPORATE SECTORS
Model.ProfilDetail.name
P Venkateshwar Rao 15 Jan, 2014 24 view 0 Comments
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Profile Snapshot
P is based out of Hyderabad & has studied BM-Business Management, M.Com-Master of Commerce from Year 2010-2012 in , Eastern Institute for Integrated Learning in Management University.
P Venkateshwar Rao is Skilled in Statutory Compliance, SAP R/3, Administration and other talents.