Lakshmi Prasanna Borra

• Conducted and filed GST and TDS returns, ensuring 100% compliance with regulatory standards.
• Filed GST, TDS, and TCS returns ensuring full regulatory compliance.
• Conducted tax audits and prepared income tax computation reports.
• Performed stock audits and physical verification.

• Executing internal audits for a listed renewable energy company covering Internal Financial Controls (IFC), risk
assessment, governance, and process optimization.
• Conducted end-to-end audit of Fixed Asset Management (FAM) covering vendor selection, capitalization, depreciation,
asset disposal, lease accounting, and FAR governance.
• Reviewed fixed asset base of INR 2, 025.68 Cr including additions of INR 751 Cr and depreciation of INR 9.76 Cr.
• Detected excess capitalization of borrowing cost amounting to INR 35 Lakhs on IREDA loan due to cut-off misalignment.
• Identified GRN delays up to 307 days impacting capitalization, depreciation accuracy, and warranty coverage.
• Highlighted incorrect useful life applied to various assets, ensuring statutory compliance correction.
• Reported inconsistencies in cost centre mapping for 45 IT assets affecting segment reporting.
• Flagged non-registration of 9 out of 19 long-term lease agreements leading to statutory non-compliance risk.
• Performed FAR vs GL reconciliation and validated asset classification, tagging, and depreciation logic.
• Conducted testing of 143 Internal Financial Controls across Inventory, Treasury, FAM, FSCP, and Compliance processes
for 5 group entities.
• Assisted in preparation of 9 Standard Operating Procedures (SOPs) and 4 detailed process flowcharts
• Performed interim review of SOX controls testing for a Global Delivery Center (GDC) client.

• Monitored accounts receivable and analysed Incomes and revenue from hotel operation.
• Prepared and analysed monthly/quarterly financial statements (P&L, Balance Sheet, Cash Flow) to track hotel
performance.
• Ensured compliance with statutory requirements, including timely tax filings and coordination with
external auditors.
• Developed monthly/quarterly forecasts to adjust budgets based on market trends and actual performance. Conducted
variance analysis to compare actual performance against budgeted targets.
• Overlooked accounts payable processes, ensuring timely and accurate vendor payments using Vendor Invoice
Management (VIM). Monitored and ensured the successful implementation of the corrective action plan.

• Monitored accounts receivable and analysed Incomes and revenue from hotel operation.
• Prepared and analysed monthly/quarterly financial statements (P&L, Balance Sheet, Cash Flow) to track hotel
performance.
• Ensured compliance with statutory requirements, including timely tax filings and coordination with
external auditors.
• Developed monthly/quarterly forecasts to adjust budgets based on market trends and actual performance. Conducted
variance analysis to compare actual performance against budgeted targets.
• Overlooked accounts payable processes, ensuring timely and accurate vendor payments using Vendor Invoice
Management (VIM). Monitored and ensured the successful implementation of the corrective action plan.

• Conducted comprehensive operational audits, identifying key risk areas and presenting actionable recommendations to
senior management.
• Collaborated with cross-functional teams to improve internal controls and optimize operational efficiency across the
hotel.
• Evaluated and analyzed the effectiveness and efficiency of key hotel departments, including front office, housekeeping,
F&B, and engineering.
• Assessed compliance with company policies, procedures, and service standards.
• Prepared audit reports summarizing findings, recommendations, and management responses.
• Monitored and ensured the successful implementation of the corrective action plan.