Anil Sankar Varanasi, Financial Controller

Anil Sankar Varanasi

Financial Controller

Dar Manor Lmited

Location
India
Education
Master's degree, Chartered Accountancy
Experience
4 years, 4 Months

Share My Profile

Block User


Work Experience

Total years of experience :4 years, 4 Months

Financial Controller at Dar Manor Lmited
  • Tanzania
  • April 2014 to January 2017

In Dar Manor limited- real estate Company located in Dar es salaam, Tanzania (East Africa) .The
Company are developers with directors having enormous experience in several business.
* Involved in risk taking decision for increasing sales turnover of the company.
* Using cost benefit analysis for improvised options in importation of materials which could be
creating sensitized impact on profits.
* Overall maintenance of books of accounts in preparation to cash flow reports, profit & loss a/c,
balance sheet & sensitivity analysis of sensitivity items. Complying with laws of Tanzania,
submitting accounts and filing accounts and VAT returns to Tanzania Revenue Authority (TRA).
* Dealing with banks, purchaser, suppliers, engineers, stakeholders and customers.
Involved in speculative decisions.
* Submitting MIS report to director’s monthly with graphical analysis of data and advising
company for expansion plans through investing with calculated risk and providing
comfortable returns.
* Feasibility analysis report for new ventures /projects with in depth analysis.
* Preparation of documents and successful in securing overdraft and term loan facilities in
appealing way and true sense to banks for limits more than USD 1.5 Million.

Financial Consultant at Sudhakar & Kumar Associates
  • December 2012 to March 2014

Audit firm with more than 25 years of experience in the field of
statutory audit of reputed companies and PSU’s, Internal Audits, Tax Audits, specialized in the field
of Taxation matters in relation to direct and indirect tax, incorporation of companies and
appealing on behalf of client in tribunals w.r.t to direct tax /service tax cases located in
Visakhapatnam, Andhra Pradesh, India.
* Head of audit team in statutory audit of real estate companies having turnover more than
Rs.2500 Crores Per Annum and plugging out the loop holes in the system path of finance and
administration, the audit was worked in most systematic way with perfect coordination among
the team members and extensive audit was accomplished in certain areas in compliance with
the auditing and accounting standards.
* Completed statutory audit of film distribution, logistics companies (having more than 350 trucks),
manufacturers of water packed bottles on large scale, media companies who are distributors of
news papers and producers of films, hotels which have been rated 3 or 4 stars & share brokerage
firms with turnovers more than 500 crores per annum.
* Expertise knowledge in tax audit of numerous companies, HNI, employees and NRI’s in
compliance with income tax act and rules.
* Devised CASH management report to remove disturbances faced by the management of
company in consolidation of 42 branches located in different states being appreciated by the
board of directors.
* Formulated principles in private companies for store management for prevention to theft
(Implemented systems like bin card, GRN, PARETO & ABC analysis, formats for safety stock),
employees moral conduct, strict norms in attendance of employees, efficient time utilisation of
employees via cutting down inefficient time, framework of accounting policies, , adherence to bi-
weekly management report along with statistically and sensitivity analysis and flowchart of work
in different departments.
* Expertise knowledge in fulfilling the formalities in relation to inducting NRI’s as shareholders in
different companies with compliance of FEMA act, Reserve Bank of India guidelines & Foreign
Investment Promotion Board (FIPB) either through automatic route /government approval
extending with repatriation of funds & dividends to host country from source country and vice
versa.
* Guided clients in investment of their earnings (long run) in best possible manner for maximum
returns along with benefiting from tax savings in maximum possible way.
* Internal audit of trusts which have colleges and schools with enrollment of more than 7500
students

Management consultant
  • October 2012 to November 2012

In AUA Industria- Professional Security Company which installs high end security system to banks
located in Dar-es-salaam, Tanzania.
* Worked as consultant of the company to increase the efficiency and for improvement of
results in long run.
* Advised CEO and Heads of various departments for implementation of systems with
maintenance of advanced store keeping system, reporting project wise details by using the
principles of job costing, integration of finance dept. with administration and project
manager, found faulty errors in accounting procedures and rectification of existing policies
and procedures in plugging the loop holes

Education

Master's degree, Chartered Accountancy
  • at The Institute of CharteredAccountants of Indi
  • July 2012
High school or equivalent,
  • at Acharaya Nagarjuna University
  • January 2010
High school or equivalent,
  • at Sri Chaitnaya College
  • January 2007
High school or equivalent,
  • at CBSE Indian School
  • January 2005

-

High school or equivalent,
  • at Board of

-

Specialties & Skills

Budgeting
Project Finance
Term Loans
Financial Management
ACCOUNTANCY
ACTIVITY BASED COSTING
AUDITING
BALANCE
BUSINESS INTELLIGENCE
CASH FLOW
CUSTOMER RELATIONS
TAX PLANNING

Languages

English
Expert
Hindi
Expert
Telugu
Native Speaker
Swahili
Beginner

Memberships

The Institute of Chartered Accountants of India
  • Member
  • December 2012

Hobbies

  • Numisimatics
    Extensive Collection coin of more than 120 countries from 1999.
  • Answering to question in Quora
    Most viewed writer in third world in Quora.
  • Reading books
    Developed reading of fictional books from 2004 , read more than 65 books .