Nagaprasanna Poola

SEMI QUALIFIED CA, FINANCE AND ACCOUNTS

Talent

Garmal, India, West MidnaporeMember since September 22, 2023

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About

SEMI QUALIFIED CA, EXPERIENCE IN FINANCE AND ACCOUNTS

Experience

Feb’23-

Present

Extensively trained on below SAP FI-CO Sub modules

FI:

General Ledger:

Creating the Chart of Accounts and General Ledger Account groups
Maintained fields control status for GL master records
Maintained Field status variant for transaction postings
Maintained fields status controls at document type level and number
range creation
Maintained Fiscal year variant and posting period variant
Balance interest calculation
Provided training on GL document postings, Park GL, Recurring documents & Reversal GL document

Accounts Payable:

Configuration of Accounts Payable sub ledger
Vendor payment terms
Vendor down payment Process, treatment of Special GL Accounts
Automatic Payment Program – payment media program
APP Customization and execution
Down payment process through APP
Credit memo process through APP

Account Receivable:

Configuration of Accounts Receivable sub ledger
Customer account groups
Down payment receipt process - Treatment of Special GL Accounts,
Dunning process customization
Item interest calculation

Bank and cash journal accounting:

House bank creation and maintenance of bank sub accounts
Check lot creation and maintenance
Manual bank reconciliation
Cash Journal Accounting

Asset accounting:

Full life cycle of Asset Accounting
Four rules of asset accounting
Integration with general ledger - Account determination
Depreciation methods and calculation
Asset acquisition, sale and transfer activities

Closing activities:

Fair Knowledge on Closing activities
Month end activities – Depreciation calculation, Recurring
documents processing, Cost allocation between cost centers, FI
period close and open, MM period close and open, GR/IR clearing
process (F.13) and foreign currency balance revaluation

New GL Concepts:

New GL Accounting
Document splitting customization with regards to zero balance
clearing account
Parallel accounting – Leading ledger and no leading ledgers
Segment reporting
Online reconciliation between company codes –Real time
integration between company codes

CONTROLLING:

Setting up controlling area
Maintaining standard hierarchy
Cost Element Accounting
Creation of primary and secondary cost elements
Cost Centre Accounting
Creation of Cost centers and groups
Closing Operations (Periodic reposting, assessment & distribution)
Cost Center wise cost planning, uploading planning data and
comparing with actuals.
Version management for different planning data.

Internal Orders:

Creation of Internal order types with respective settlement
structures
Maintaining status profiles
Settlement of Internal Orders to cost centers
Budgeting and availability control

Profit Center Accounting:

Creation of profit center
Valuation area maintenance
Default account assignments for revenue elements
Creation of dummy profit center
Planning at profit center level
Plan and actual variance

Integration with MM: P2P Cycle

Customization of Account determination for integration FI with MM OBYC settings
Linking Valuation Class with GL
Working knowledge on MM activity i.e Creation of Material Master.
Creation of Purchase order
Post goods receipt MIGO
Post Invoice receipt MIRO
Vendor outgoing payment
MM period end closing procedure i.e MMPV & MMRV
Grouping code for valuation areas

Integration with SD: O2C Cycle

Creation of sales order
Delivery
Billing
SD pricing procedure
VKOA Configuration

Organizational Experience Sep’21-

Jan’23

Designation-Executive

Flowserve India Control Pvt Ltd via Girish D and Associates

GL document postings, Park GL, Recurring documents & Reversal GL document in SAP
Cash journal accounting in SAP
Preparation of various reports that needs to be submitted to

custom authorities on monthly and quarterly basis, such as BCD forgone, Form A, Quarterly performance report etc

Preparation of Consolidated annexure I to submit to Customs.
Reconciliation of job work and following up with stores to comply

custom procedures.

Working on procedures of Debonding of RM & CG.
Reporting the daily status of the team to management.
Have actively involved in drafting of letters to get the permissions

from custom authorities for import and export of goods.

Apr’15-

Aug’21

Designation- Accountant

Adina And Associates

Recording of financial transactions of various clients into tally and Excel
Reconciliation of Bank Statements
Calculation of Payroll
Preparation of Financial statements
Supporting internal audits.

Mar’12-

Mar’15

Article-ship Exposure

Ramanujam and Bhoovarahan Chartered Accountants

Key Assignments/Responsibilities

The assignment includes involving in audit work and was a part of finalization of various audits.
Participated in various types of audits like
internal audits, tax audits and concurrent audit.
Preparation of Tax Audit Report of Individuals, Firms & Companies as per sec 44AB of Income Tax Act.
Preparation of Financial statements. Drafting Audit Reports as per the new reporting requirements of CARO, 2016.
Computation & filing of ITR of Individuals
Assisting Clients in TDS Computations. Preparation of Bank Reconciliation statement.