Venkat Krishna

Certified Six Sigma Yellow Belt Lean Practitioner with 16+ years of experience in finance & operations, Exposure to ERP (Oracle) & SAP HANA. Proficiency in financial accounting, payables management, preparation of ledger books, Taxation, Accounts Payables and receivables, bank reconciliation statements and finalization of accounts. Strong analytical & organizational capabilities with expertise in formulating accounting systems and preparing accounting records/financial statements.

Proficient in preparation of cost sheet and cost related dashboards explaining the detailed variance. Skilled in streamlining working procedures and formulating cost effective solutions for enhancing accounting operations.

Executive Finance - ITC Limited - Guntur

(2011-05)

• Responsible for consolidation, verification of GST data as per GST act on monthly basis and filing GST return within the statutory timelines
• Responsible for the coordination of daily Sales reports, Cash and bank reports from retail stores and reconciliation of the same
• Responsible for monitoring the Organization Internal controls and statutory controls
• Maintaining MIS statements pertaining to profitability, sales, Stock Ageing, Outlook, credit limits and management reports relating to Accounts & Finance
• Preparation of Variance analysis, various Schedules, Provisions and Milestone reports
• Preparation of estimated sales, financials, and fixed expenses budgets for plan year according to the business plan
• Payments coordination from procure to pay
• Responsible for providing a high level of accuracy, efficiency and customer service in the performance of routine accounts payable invoice validating activities, All duties are performed in full compliance and accordance with corporate policies, Internal controls, and/or external regulatory reporting requirements
• Fulfilling statutory compliances - TDS, Sales Tax, C & H forms & computing and arranging for timely deposit of Taxes, filing of returns for timely completion and ensuring statutory compliance
• Ensuring that all payments are made within the stipulated time frame and managing accounts payable within the pre-set parameters for accounting of rejections and reconciliation
• Implementing systems, procedures & manuals for preparation & maintenance of statutory books of accounts & financial statements, ensuring compliance with statutory requirements
• Executing statutory matters work completion and generating all types of reports for accounting purpose; exploring the method of cost control & reduction of overheads to make product more profitable
• Directing the reconciliation of stock manual records and ERP, identifying and rectifying the same and obtaining confirmation from the service provider
• Coordinating complete planning & management activities for ensuring completion of internal & statutory audits within time
• Drafting quarterly schedules of aging analysis like creditors, other expenses payable, TDS and Variances
• Responsible for compliance of the organisation policies and the statutory requirement with respect to the Fixed Assets Accounting
• Responsible for preparation of the Fixed Assets register and monitoring the physical verification of the Fixed Assets
• Responsible for cost evaluation and negotiations for the approved projects
• Responsible for monitoring the cash flows as against the approved Capex budget

Research Associate - Capital IQ, Inc. - Hyderabad

(2007-10 - 2011-05)

• Analysis of Quarter and annual reports of listed companies in different countries
• Critical analysis of Key financial Information relating to Financial statements
• Extraction of necessary information from Financial statements and calculation of Various ratios

MBA - Finance & Systems - ANR College, Gudivada, Acharya Nagarjuna University (2007)

Bachelor of Commerce - RVVN College, Amaravathi, Nagarjuna University (2005)