SRINIVAS NALLA

• Responsible for the planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting
• Monitoring/ overview of the financials of various countries in which company operates (Jordan, KSA, Kuwait and UAE.) and reviewing of compliances (VAT and CT).
• Drove continuous improvement by establishing and analysing clear, measurable key KPI metrics across all finance operations.
• Processed journals and compiled supporting documentation to review to maintain quality control standards.

Worked as a freelancer from Mar 2020 to Jan 2024 for corporates in the areas of accounts, audit, Income tax, GST and management reporting.Below are few of our
esteemed clients

• Cone software private limited, a Y combinator backed
company and have got a funding of approx. $2Million in a span of 6 months from the incorporation
• RailTel Corporation of India Ltd. is an Indian public sector
enterprise and listed with NSE India, which provides broadband and VPN services, Having a turnover of $220 Million
• Cyient DLM limited, a listed company with NSE India, which deliver Design Led Manufacturing (DLM) solutions using an integrated manufacturing approach to support the entire product life cycle from concept through manufacturing and certification, having an annual turnover of INR.362 cr
• Enfinity global group provides solutions for sustainable energy having global presence.

Lamprell Energy Limited, one of the leading oil and gas
company in middle east and listed in London stock
exchange.

• Prepare and review monthly management reports including preparation of reports for BUs, operational and corporate cost centers
• Review and analysis of Risks and opportunities in each project at each project review meeting
• Detailed analysis of provisions and Accruals
• Preparation of annual budgets, Quarterly forecasts, and strategic plans
• Liaison with auditors during half yearly, yearend audit and providing relevant information
• Prepare quarterly, yearly (LTCF) cash forecasts and Assist in monthly cash flow reporting (STCF)
• Report directly to FC and provide insightful decision support
• Analyze and report actual operating performance against budgets, forecasts and trends
• Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.

Key achievements:
• Involved in the setting up of group annual budgets and
quarterly reforecast templates.
• Provided key areas to the management for overheads saving
• Created various models and analytical tools to facilitate
variance analysis using advanced function of excel
• Involved in setting up of various standard rates (equipment, PM, Labour)
• Involved in the implementation of ERP(Oracle), mapping
the reports and to create user-friendly reports

Wasco Engineering International Limited, one of the
leading companies in the world in pipe coating and listed
in Malaysian stock exchange

• Day to day management of the Finance function to ensure efficient maintenance of all books of accounts and other statutory and non-statutory records per the requisite standards and policies
• Monthly closing of books within deadlines and efficient monitoring of all expenses, payables, receivables with the help of support staff
• Compilation of management reports, templates and forecasts as required
• Ensuring all procedure and policies in general and those for finance in particular are adhered to, and implemented strictly
• Proactive involvement with operations of the organization to ensure all issues which have a financial impact are highlighted and solved in time
• Preparation of monthly management reports and quarterly reports as per corporate deadlines
• Variance analysis of all items expenses and assets/liabilities and highlight major issues wherever required
• Ensuring all Balance sheet accounts are maintained properly and all balances are reconciled
• Preparation and analysis of financials for monthly business process management meeting
• Preparation of annual budget as per corporate time-table and updating budget on a monthly basis to ensure proper rolling forecasts
• Support on taxation related issues of various countries in which the company operates to ensure sales and operations are aware of the tax implications in various jurisdictions
• Managing statutory and internal audit and preparation of financial statements
• Handling of letter of credits
• Take lead in monthly management meeting to review variance analysis and to discuss same with projects, operations and aftermarket managers.

Key achievements:

• Streamlined the process of fixed asset purchase, accounting, and disposal procedure by implementing new process.
• Continuously educating teammates in the areas of their
specialization.
• Introduced the month end closing procedure which enables the company to provide reports on time.

• Providing of bird’s eye view reports for the management,
which enables the management to quick view of reports
• Led monthly financial close, monitored expenses, and
supported staff for efficient accounts management

Akasam and Associates, a leading chartered
accountants firm in Hyderabad providing Audit and
taxation services to their clients

• Verification of IFRS compliances in the Financial statements
• Verification of book of accounts, finalization and analysis of financial statements
• Verification of GL,AR,AP ledgers
• Audit of various companies like Manufacturing, construction, power and service rendering companies
• Verification of all statutory compliances
• Advice clients on key areas where the improvements are required
• Prepared and submitted returns to tax agencies to meet regulatory requirements.

• Handled Service tax, Sales Tax, VAT, Excise related matters including registration, returns
• Providing opinions based on client's requirement
• Verification of CENVAT taken and its utilization
• Verification of SAD refunds claims
• And filing of refund claims
• Conducting tax audit
• Verification of Tax compliances for Trusts and Societies
• Payroll Audit
• TDS verification of all assesses and filing of e-TDS returns
• Tax planning for individuals, Firms, and Companies
• Wealth tax and FBT computations
• Involved in Tax due diligence for Private Equity purpose
• Preparation of paper book for appeal cases.