SRIDHAR AVUDURTHY

• Reviewing and reconciling chart of accounts; processing payments to external parties and maintaining updated records of purchase / sale invoices and receipts.
• Preparation of monthly payroll; assist the manager in preparation of financial statements, cash flow actual / forecast & management reports, preparation of budget forecast; handing of accounts payable, receivables and bank ledgers, job cost analysis, updating cost accruals & amortization for month closing.
• Assist the manager in an internal & external audit engagements.
• Manage all accounting transactions on daily basis.
• Assist in monthly, quarterly, and annual closing.
• Reconcile accounts payable, receivables and all general ledger entries.
• Compute VAT and prepare VAT returns.
• Handing of Petty Cash.

Project Accountant :

• Assist the manager in finalization of Accounts and reporting of Joint Venture Operation which includes Financial Statements with supplement information & cash flow statements.
• Liaising with the banks regarding contract receipts, financial guarantee amendments, and all other banking functions.
• Bank and inter-company reconciliations.
• Maintain up-to-date billing details in the system and follow-up for the contract receipts with the client.
• Booking of sub-contract certificates; reconciliation of supplier / sub-contract accounts and communicate with suppliers and responsible for their inquiries.
• Maintain records of Project related insurance; accommodation lease and their renewals. Prepare and process accounts payable cheques & wire transfers.
• Responsible for monitoring cash / bank balances and advising the PMT on periodical basis of cash flow position.
• Prepare and process accounts payable cheques and wire transfers.
• Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.

Accounts Payable In-charge :

• Supervise all day to day operations of Accounts Payable team which includes, Scrutiny of invoice documentation, data entry, timely approval from respective projects / departments, final review, approval and posting in the system, monitoring the ageing and reconciliation of vendor accounts, payment plans, disbursements, reporting etc.
• Responsible for Preparation of monthly and quarterly cash requirement reports and provide advance information to Treasury team for timely allocation of funds for processing vendor related payments.
• Supervise and guide Cheque processing team for timely completion of periodical cheque run as well as ADHOC critical payments as and when required.
• Timely resolving all kind of queries relating to vendors and ensure healthy relationship with them and build confidence and trust.
• Manage monthly closing of financials by timely posting of all the transactions relating to vendors and ensure accuracy in allocation of costs to respective Projects / Cost Centres under relevant accounting heads.
• Responsible for preparation of various reports relating to Accounts Payables for Management for decision making namely Total Liability List, Periodical Cash Outflows, Ageing of Suppliers, and Classification of Vendors based on purchase turnover and their nature, project/ department wise, criticality, etc.

Treasury Accountant :

• Manage daily communication with banks to ensure proper timing of all transactions.
• Monthly cash & bank reconciliations, posting to the ledger and closing per month end deadlines.
• Prepare periodic cash flow forecasts, daily cash position, credit facilities reports.
• Prepare bank applications from system to issue Letter of Credits, Bank Guarantees and opening/closing bank accounts as required.

Accounting & Reporting :

• Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation. Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
• Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.

• Reviewed accuracy of Vendor payments, claims and invoices, resolving issues quickly and effectively.
• Prepared monthly bank reconciliations with 100% accuracy.
• Established necessary areas of accounts analysis with Accounting Manager, swiftly providing relevant documentation and findings.
• Maintained updated knowledge of current accounting standards, offering most up-to-date expertise.