RESUME

ND VARAPRASAD ASU

Dr.No.18-55

Hanumanpet,

Malkajgiri, Contact: 99852 44544

Hyderabad. E-mail: varaprasadasu@outlook.com

Career objective:

Aim to be associated with a progressive organization that gives me scope to update my Knowledge and skills in accordance with the latest trends and be part of a team that dynamically works towards growth of organization and gains satisfaction thereof.

Career Summary:

 Manager Accounts & Finance with 6 years experience in a broad range of accounting /financial activities including: financial controls, budget management, payroll, human resources and reporting processes. Oversees and performs all daily, monthly, and annual accounting functions while collaborating with colleagues, contractors, and vendors to guarantee the timely completion of various projects. Trains, motivates, and supervises accounting staff members.

Core Competency:

Accounts Consolidation/ Management Accounts Payables/receivablesLiaison and Co- ordinationEvaluation & AnalysisMIS Support Data ManagementTax / Cost Audits Statutory ComplianceTeam Leader/ Player Audit Facilitation

PROFESSIONALSYNOPSIS

An achievement oriented professional with vast experience in financial& operations sectors. Extensive business management skills with, in depth knowledge in operational areas pertaining to ;-

Vendor Management Customer Relationship ManagementManagement Accounting Procedures Man-ManagementStatutory compliances for smooth business operations &Day to day Business/Financial Operations

Excellent communication skills &-deft in streamlining systems and procedures with proven ability to maximize efficiency in operations.

Software Platforms Handled: Proficient inMs-Office(extensively Ms-excel &Ms-Word);Accounting Packagers viz., Tally ERP, ,SAP FICO (User Module), Focus.

Working Experience:

Role: Manager – Accounts & Finance

Working as Manager Accounts & Finance in INLINE4 MOTORS PVT LTD (Authorized dealer for Jaguar & Land rover – Premium Cars (Tata motors ltd), Hyderabad – (Jul 11 – till date).

Profile of Current Working Company:

Inline 4 Motors Pvt. Ltd. was incorporated in October 2009 and The Company has secured the Andhra Pradesh dealership of Jaguar & Land Rover automobiles. The company will also deal in selling used luxury cars. These premium luxury automobiles will be sold and serviced through a chain of state-of-the-art showroom & workshop in Hyderabad as per global specifications of Jaguar & Land Rover.

Work Profile:

Reporting to: CEO, Managing Director , Director

Managing Accounts & Finance team and monitoring their activities in day to day Activities

Works handled:

In Charge for the Indian GAAP Accounting

Conducting Profitability Analysis, Cash Flow, Fund Flow Analysis, Budgetary Control, Profit & Loss Account on Month and Quarter wise.

Executed accounts receivable /payable reporting enhancements and reconciliation procedures in order to integrate Tally .ERP accounting software.

Managing accounting operations, accounting close, account reporting and reconciliations and preparing Balance sheet individually with schedules.

Liaisoning with Bankers for the funding. Utilization of Bank loans as per the requirement and complying with Bank norms. Monthly submission of inventory report and sales report to Bank in the prescribed format.

Compilation of Monthly/Quarterly Statutory Returns Viz., VAT Returns/CST returns, Service tax ,TDS Calculations, PF, ESI etc., and filing Handled Internal, Statutory and Tax Audits without remarks Independently.

Monitoring cash, cheques, and vouchers as well as reconciled records of bank transactions.

Reviewing and implementing the new process in the showroom and workshop to ensure cost reduction by optimum utilization of the resources and reconciling of inter branch/division accounts.

Reviewing of Junior / Sr. accountant’ Æs book entries to ensure accuracy of the G/L.

Reviewing collection reports with the general manager to determine the status of collections and the amounts of outstanding balances.

Developed and maintained monthly job-cost/ profit analysis spreadsheets.

Preparing Various MIS report to give presentation to the management (i.e Ratios of Net/Gross profit , Interest coverage , Debt coverage, Employees cost , Sales and Administration cost , Interest and Financial cost analysis , Sales ratio ,Service retention rate , SDD , Revenue/Cost analysis etc..

Reviewing of Assets register every month and reconcile the data with depreciable value.

Key Accomplishments:

Ensured Timely completion of Audit and Income Tax Returns Filing and Statutory compliance by introducing New process and Team building.

Implementing online Accounting across Showroom and Workshop. Reduction in Accounts Receivables and Accounts payables by Collecting Sticky payments.

Payroll Administrator:

Maintaining payroll for the employees.

ESI , EPF , Returns and payments .

Salaries , Incentives , Bonus , Gratuity and Leave encashment Calculations.

Monitoring of Loan and Advance and Staff welfare

Achievements:

Independently taken charge for preparing consolidated segment and getting the same audited with Statutory Auditors. 

Set up complete accounting system for the division.

Reduced Variable cost in Marketing Dept, Control of Employee Cost , Reduced the interest cost to the bankers on loan by repayment of loan in time.

Business promotional expenditure reduced by 15% in current financial year.

Reduced Debtors by 85% to the company to compare to last financial year.

Implemented system generated payment, receipt and invoicing policy to avoid manipulation in the various dept.

Academics:

MBA (Finance and International Marketing ) ,in 2011

B Com (Commerce), in 2007

Personal skills:

Good communication skills

Self confidence

Willingness to learn

Team facilitator

Positive attitude

Other activities &hobbies:

Participate in Cultural activities

Making Good relations with others

Personal Profile:

Name :Naga Durga Vara Prasad Asu

Father’s Name :Venkata Subbarao

D.O.B. :08th JULY 1987

Languages Known :Telugu & English

Permanent Address :S/o.Venkata Subbarao

Kakileru, Bommalagudi Veedhi Eragavaram mandalam,

WG.District, Andhra Pradesh.