Sukumar Vuchidi
Dubai
Summary
Accomplished finance professional with over 6 years of expertise in accounting and financial operations, demonstrating a proven ability to manage fiscal activities and optimize business administration. A successful track record includes overseeing quarterly VAT filings, accounts payable and receivable, ad hoc reporting, cost allocation, and month-end and year-end closing processes. Expertise in variance analysis, financial auditing, and budgeting reflects a commitment to delivering accurate and timely financial insights. Proficient in industry-standard software such as Tally ERP, Xero, QuickBooks, Zoho Books, and Microsoft 365 applications, with a strong focus on results-driven collaboration and adaptability to meet evolving business needs.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Senior Finance Executive
Le Pear Societe Marketing (LPS Brands/)
01.2022 - Current
- Ensured compliance with accounting processes related to client and vendor transactions, encompassing payables, receivables, and month-end closure activities.
- Conducted Accounts Payable and Accounts Receivable aging reviews, while managing weekly AP forecasting to uphold financial stability.
- Oversaw the accounts receivable aging and collections process, aligning with timelines, goals, and objectives set by management.
- Collaborated closely with the finance manager in the preparation of Management Information System (MIS) reports, budgets, forecasts, and various financial reports, ensuring accuracy and timely delivery.
- Handled vendor data management and facilitated new vendor registrations, ensuring compliance with the company's data policy.
- Addressed bank outages by meticulously reviewing and posting necessary entries from bank statements.
- Managed daily/monthly invoicing and monthly payments, including utility bills, government charges, and payments to vendors, creators, and influencers.
- Conducted monthly bank reconciliations and maintained petty cash for office expenses, ensuring timely payments to micro and macro creators as per scheduled agreements, with verification of contracts and approvals from department heads.
- Administered the company's AXS and DSOA accounts for license renewals, establishment card renewals, and visa applications.
- Prepared monthly salary sheets based on attendance reports, incorporating adjustments for employee reimbursements and commission calculations for the marketing/sales team, while processing payroll through the WPS system for mainland employees and regular bank transfers for free zone employees.
Accounts Executive
Spectrum Accounting LLC/ Spectrum Auditing
01.2019 - 01.2022
- Acted as a primary point of contact for various clients, addressing their accounting needs, VAT compliance, and bookkeeping software implementation.
- Conducted weekly or monthly on-site visits to client offices, tailored to service agreements, to support the maintenance of petty cash processes.
- Prepared Management Information System (MIS) reports for allocated clients, successfully managing the monthly accounting needs of four clients through regular visits.
- Coordinated quarterly VAT filings and participated in the finalization of audit reports for assigned clients.
- Assisted with audits, reviews, and other assurance engagements under the guidance of senior team members, preparing detailed working papers, documentation, and audit reports to substantiate findings and recommendations.
- Provided support for clients regarding VAT refund applications, document submissions, and VAT payment issues.
Accountant
Omega Roofing Industries Pvt Ltd
01.2018 - 01.2019
- Maintained accurate daily transaction records, including sales, purchases, payments, receipts, and petty cash management.
- Prepared quotations based on client requirements by collaborating with the production manager on material and color specifications.
- Processed weekly and monthly wage payments for factory workers.
- Generated waybills for client orders and facilitated their delivery through the GST portal.
Education
PG Diploma In Management - Finance
Holy Mary Institute of Technology & Management
Hyderabad, India01.2016
B.com - Computers
Gayathri Degree College
Sircilla, India01.2014
Skills
- Accounting
- Financial Reporting
- Tax Preparation
- Payroll Management
- Auditing
Certification
- CA - CPT, ICAI, 2011
- ACCA, ACCA, 2025
LANGUAGES
English
Hindi
Telugu
Timeline
Senior Finance Executive
Le Pear Societe Marketing (LPS Brands/)
01.2022 - Current
Accounts Executive
Spectrum Accounting LLC/ Spectrum Auditing
01.2019 - 01.2022
Accountant
Omega Roofing Industries Pvt Ltd
01.2018 - 01.2019
B.com - Computers
Gayathri Degree College
PG Diploma In Management - Finance
Holy Mary Institute of Technology & Management
HOBBIES
Playing Chess, Photography, Reading
Playing Chess, Active Participation in event managements and gatherings
Playing Chess, Active Participation in events and gatherings