Gopi Garapati

Result oriented with experience in managing multiple clienteles and their finance teams for correct and timely preparation, compliance and communication. Comprehensive knowledge in a broad range of business scenarios such as Manufacturing, Productivity analysis, Costing analysis, Variance analysis, Budgeting and projections. Liasioning between clientele and Dept. in matters of Notices, Scrutiny and Appeals.

Expert in driving financial leadership across prominent clients through Audit & Consultation.

PARTNER at Niranjan Rao & Co. (2018-07 – Present)

• Effectively Lead teams to identify weaknesses and potential areas of improvements through efficiency studies and to recommend operational and strategic direction based on modeling and forecasting.
• Managing high value projects related to finance, budgeting, account management assignments and plan on necessary administration for carrying out those projects.
• Looking after the statutory compliances of over 50 entities with average of turnover of above 100 crores w.r.t Direct Taxes, Indirect taxes, Compliances w.r.t Companies Act and other local compliances.
• Generated over 800 UDINs for assignments for various certifications under Income Tax, GST, RERA, Anti-Profiteering etc.
• Internal Auditor of Pearl Beverages Limited and Pearl Bottling Private limited for the past 4 years (Sole Franchisee of PepsiCo India in Andhra Pradesh), Greater Visakhapatnam Smart City Corporation Limited and SPV of Government of India and Greater Visakhapatnam Municipal Corporation with over 1000 crore in Manageable assets and Statutory auditor of SVS projects India private limited (company with T.O of More than 500 Crores).
• Spearheaded statutory audit of District Credit Co-operative Bank under NABARD (Advance Portfolio of over 2,500 Crores) along with its other 35 branches in West Godavari District of Andhra Pradesh for 2 years with no adverse comments or follow-up actions by its regulators (NABARD and RBI).
• Actively built and managed the relationships and interface with internal team and integrating finance teams of the clientele for timely preparation of MIS and Communication with Stakeholders
• Appeared before the appellate authorities of Service Tax and GST up to appellate tribunal and up to Chief Commissioner in Income tax on matters involving availment of Input Tax Credit (ITC), Classification of Services, Point of Taxation for Govt. contracts, Capital Gains, Re-assessment proceedings, Penalty Prosecutions and other grounds of potential litigation.

Assistant Credit Manager at IIFL Finance (2017-09 – 2018-07)

• Head of 15 branches, Managed entire sales force for evaluating clients to propose a payback schedule based on payment history, earnings, savings, and purchase activity.
• Supervised and sanctioned advances of over 550 Crores among the 28 strategic locations that enabled portfolio of Andhra Pradesh stand 2nd in 2018 after Rajasthan in rural housing advances.
• Completed loan request summaries and credit analysis as part of the loan application to submit the information to approval committees in collaboration with legal, technical and Risk /Fraud control teams.
• Set credit policies to better understand potential risks associated with a customer. Also, setup the Standard Policy Documents when the company ventured into new domains & regions.
• Interviewed more than 40 candidates for various responsibilities.

DISA in Chartered Accountancy – The Institute of Chartered Accountants of India (2019-07)

Chartered Accountancy in Chartered Accountancy – The Institute of Chartered Accountants of India (2017-05)

Bachelor of Commerce in Commerce – Acharya Nagarjuna University (2016-10)