vijaya bhaskar reddy pagidela

 Handling of day to day accounts and preparation of Cash, Bank and Journal Vouchers and maintenance of subsidiary books in compliance with time & accuracy norms.
 Performing all bank related activities.
 Preparation of Bank reconciliation statements on monthly basis.
 Preparation of Debtors and Creditors outstanding statements on monthly basis and follow up with the Insurance debtors for recovery of claims.
 Preparation of Cash flow on daily basis and projected cash flow on monthly basis
 Submitting data for Auditors for regarding VAT, Service Tax, Payee and NAPSA
 Preparation of periodical reports like Income and Expenditure A/c, P&L A/c and Balance sheet for quarterly wise, half yearly wise and Annual reports and other reports as required by the management

Review of the Systems and the Procedures in various areas, which included Finance, Purchases, Materials, Projects and Assets.

Ø Recommending improvements for more effective controls.

Ø Verification of Cash, Bank and Journal Vouchers which also includes verification of all incomes and expenses.

Ø Verification of Sub contractor bills with agreements and work orders.

Ø Verification of monthly Bank reconciliation statement of all the Banks.

Ø Verification of Reconciliation of Inter-site balances.

Ø Verify the stock reports on monthly basis which includes physical verification of stock.

Ø Physical verification of Fixed assets and verify the depreciation statements.

Ø Audit of Accounts Receivables Department and Accounts Payables Department - Review and verification of records to ensure documentation and recording is in compliance with standards, policies and procedures..

Ø Assist in preparation of periodical reports like Income and Expenditure A/c and Balance sheet for quarterly wise, and half yearly wise and Annual reports and other reports as required by the management

Ø Drafting the audit report to highlight the deviations from the procedures/management policies.

Accounting & Book keeping:

Ø Processing Cash Vouchers, Bank vouchers & Journal Vouchers of Head office.

Ø Verify Employee Reimbursements and Daily Expenses.

Ø Monitor and Review Accounting and Related system reports for accuracy and completeness

Ø Ensuring the project books are properly accounted and periodically closed.

Ø Visiting the sites periodically and review site accounts.

Ø Fund Management:

Ø Ensuring that required funds to the sites along with liability statement/ supporting documents with verification.

Ø Preparation of Cash flow statement of projects and consolidation cash flow statement of Division.

Ø Follow up with sites for getting retention money from the client.

Ø Accounts Payables:

Ø Processing of Suppliers Bills and Sub contractor bills of both Labor contractors and Back to Back contractors for assigned projects.

Ø Ensures Invoices are matched in respect of price and quantity with purchase order, MIR and inspection report for the received items and Invoices are matched.

Ø Ensures Sub contractor bills are matched in respect of item rates, retention money and taxes with Work Orders.

Ø Passing the necessary accounting entries for retention payables and taxes and updating the Payables account.

Ø Co-ordinate with purchase/ planning department for timely payment to vendors/ sub-contractors which leads to timely delivery of the materials at site/ timely completion of work.

Ø Creditors Ageing and Accounts payables Turnover Ratios calculations

Ø Accounts Receivables:

Ø Processing of Sales (IPC bills) Invoices which includes retention money and price escalations to the Clients.

Ø Passing of necessary accounting entries for retention receivables & escalations and updating the Receivables account.

Ø Follow-up & customer Ledgers Reconciliation & balance conformations at year end.

Ø Debtors Ageing  and Accounts Receivable Turnover Ratio calculations

Ø Coordinating with the Project dept for Collections follow up.

Ø Fixed Asset Management :

Ø Preparation of Deprecation Statements as per Companies Act and Income Tax Act.

Ø  Capex Preparation and accounting to the relevant Head.

Ø Statutory Compliances:

Ø To follow all statutory requirements as per concerned Government norms- basically for direct and indirect taxes compliances & savings.

Ø Full compliances on all filing work like TDS returns, VAT returns and Service Tax returns in timely manner and no failure on taxation matters.

Ø MIS controls:

Ø Providing monthly review meeting details to the management.

Ø Providing the Stock reports, Receivables ageing, WIP within specific period of time

Accounting and Book keeping

Ø Preparation of books of accounts for various clients which includes Trading and Manufacturing concerns

Ø Passing necessary entries in cash, bank, Purchases and Sales Books for various clients.

Ø Preparation of Bank Reconciliation Statement.

Ø Preparation of Trial Balance, Profit & Loss Account and Balance sheet for various clients.

Ø Ensuring the compliance of the Accounting standards issued by the Institute of Chartered Accountants of India and the requirement of The Companies Act 1956.

Ø Responsible for holding discussions with the client on various aspects of accounting, law, taxation, internal controls.

Ø Internal Audits: Responsibilities included

Ø Internal audit of various clients like Genix Pharma, Vasavi Hospitals, Sri Laxmi Textails etc., which includes- Review of the Systems and the Procedures in various areas, which included Finance & Purchase and recommending improvements for more effective controls.

Ø Stock audits of Hetero drugs and Genix Pharma.

Ø Developing audit schedule  to cover various functions, drafting the audit report to highlight the deviations from the procedures/management policies

 Vouching of Cash, Bank and Journal vouchers.
 Verification of Bank reconciliation Statement.
 Physical verification of cash and fixed assets and compare with books analyze the deviations.
 Responsible for systematically sampling the adequacy and reliability of Internal Control and Accounting Systems.
 Verification of Sub-contractor RA bills and client IPC bills.
 Verification of Reconciliation of Inter-site balances
 Analyze Material reconciliation and Production reconciliation with IPC Statements.
 Analysis on Expenditure incurred by comparing with Budget and any major deviations is reported.
 Assist in preparation of periodical reports like Profit and loss a/c, Balance sheet for quarterly wise, and half yearly wise and Annual reports and other reports if required by the management
 Assistance in Preparation of MIS and Internal Audit report.

Associated with internal audit team leader for various ongoing National Highway projects of the company in the states of Delhi, Bihar, Tamil Nadu, Siliguri (W.B), MP, UP, Punjab etc