Jagadeeshwar Ausula
Senior Finance & Accounts Manager | US GAAP & Indian GAAP | Micro Finance & Real Estate Construction Accounting
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About
Accomplished Senior Finance & Accounts Manager with 20+ years of expertise in Indian and US GAAP, specialising in microfinance, corporate, and real estate construction sectors. Proven track record managing General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), cash flow, Procure-to-Pay (P2P), Order-to-Cash (O2C), budgeting, financial reporting, and month-end close for cross-border projects. Drove operational transformations across QuickBooks, NetSuite, SAP FICO, and Tally Prime — reducing processing delays by 25% and cutting invoice backlogs by 30%.
Experience
Senior Finance & Accounts Manager - Lakstech IT Solutions Pvt. Ltd. - Hyderabad, India
(2023-12)
Oversaw accounts for The Prime Developer real estate division. Managed accounting for 10 US real estate/construction projects, encompassing General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), cash flow management, and month-end close procedures.
- Delivered monthly Profit & Loss (P&L) statements, variance analysis, and executive dashboards to facilitate expedited leadership decision-making.
- Led vendor reconciliations and mentored AP specialists, boosting team productivity and cutting invoice backlog by 30%.
- Verified tenant leases, tenant improvements, and commission payments to mediators.
- Delivered timely financial reporting packages and GAAP-compliant statements for partners, lenders, and auditors.
- Led transaction & development accounting for acquisitions, financings, and dispositions, coordinating closings and stakeholder communication.
- Oversaw project controls & compliance, managing reserves, collateral accounts, lender drawdowns, and property tax processes.
- Streamlined subcontractor & construction accounting, reviewing vendor contracts, AIA applications, purchase orders, and expenditure tracking.
- Drove audit readiness & governance, collaborating with CPA firms, attorneys, and consultants to support tax filings and audit engagements.
- Reviewed and reconciled bank accounts, credit card statements, and intercompany transactions ensuring accurate departmental coding.
- Managed tenant improvement payments, commission payments to brokers, and tracked rent receivables from leases and Triple Net (NNN) agreements, ensuring accurate reporting and compliance.
- Tools utilized: QuickBooks, Bill.com, Builder Trend, Monday.com, AIA documents.
Senior Finance & Accounts Manager - MSR Cosmos IT Services Pvt. Ltd. - Hyderabad, India (US Projects)
(2022-11 - 2023-11)
Directed portfolio accounting for MSR Communities (Washington, USA), overseeing multifamily and development properties with full AP/AR and reporting accuracy.
- Enhanced financial visibility by 15% through cost center reviews and project profitability tracking.
- Improved compliance by 20% via streamlined invoice verification and vendor documentation processes.
- Delivered GAAP-compliant financial reporting, monthly statements, and tax coordination with attorneys, consultants, and CPA firms.
- Led transaction & development accounting, managing acquisitions, financings, collateral accounts, reserves, and lender drawdowns.
- Strengthened audit readiness, supporting reconciliations, construction accounting (AIA G702/G703), and stakeholder collaboration for seamless execution.
- Supported internal and external audit processes, including vendor W-9 collection, with CA oversight.
Business Development Manager - Milan Tally Services - Work from Home
(2017-10 - 2022-10)
ERP Implementation and Data Migration
- Engineered 80% revenue growth through the strategic deployment of customized ERP/CRM accounting solutions.
- Secured 5 new enterprise accounts through targeted business development initiatives.
- Digitised client accounting operations using Tally Prime, significantly enhancing scalability and reporting accuracy.
- Drafted contracts, financial agreements, and compliance documents for multiple client engagements.
- Gained experience in SaaS/technology client accounts, including deferred revenue, subscription billing, and SaaS-specific accounting treatments.
Senior Manager – Finance - Indur Intideepam MACS Federation Ltd. - Nizamabad, India
(2014-07 - 2017-09)
Directed Finance & Accounts operations across 20 branches involved in microfinance, dairy, and tea projects. Reduced operational costs by 15% through AP automation and strategic budget optimization. Rolled out Tally ERP9 across 20 branches, fundamentally transforming reporting accuracy and efficiency.
- Managed full statutory compliance including EPFO, ESI, Gratuity, Income Tax, GST, and TDS, and end-to-end payroll processing.
- Produced MIS reports, led audits, and managed banking and financial institution relationships.
- Oversaw the finalization of accounts and all financial activities.
Finance Manager - KARVY Data Management Private Ltd.
(2012-11 - 2014-06)
- Managed AP operations for large government projects, reducing costs by 10%.
- Developed project budgets, financial timelines, and accountability reporting frameworks
Manager – Finance - CoOptions Corporation Limited
(2010-12 - 2012-11)
- Conducted internal audits for 9 branches, strengthening accounting controls.
- Prepared monthly and quarterly financial reports and collaborated with CFO on compliance frameworks.
Accounts Manager - Indur MACS Federation Pvt. Ltd.
(2005-11 - 2010-11)
Led accounting operations and directed a team of 15 professionals of Microfinance cooperative societies.
- Improved cash flow and reduced overdue payments through optimized vendor negotiations and payment strategies.
Education
MBA - Indian School of Business Management & Administration (2011)
Diploma - Micro Finance - Indian Institute of Banking & Finance (IIBF) (2011)
PG Diploma - Taxation - Osmania University (2004)
B. Com - Computers - Osmania University (2002)
