Srinivas Murthy

Accounting & Financial Reporting  Prepared a complete set of financial statements, including Profit & Loss, Balance Sheet, and Cash Flow.  Ensured compliance with accounting standards and relevant financial regulations.  Documented transactions related to cash, credit, fixed assets, accrued expenses, and lines of credit.  Reconciled accounts and created supporting documents for monthly and year-end closing procedures. . .  Coordinated with external auditors to prepare and finalize audit reports.  Reconciled balance sheet accounts and reviewed related asset, liability, and equity entries. Budgeting & Financial Planning  Prepared and managed annual budgets, monitored actual vs. budgeted performance, and investigated variances.  Forecasted financial trends and developed long-term financial plans.  Monitored financial health through net worth analysis, expense reviews, and asset tracking. Taxation & Compliance  Prepared VAT ledgers and handled quarterly VAT return filings in compliance with tax regulations. Banking & Payroll  Performed monthly bank reconciliations.  Handled payroll processing and WPS (Wage Protection System) transfers.  Managed employee benefits, including end-of-service calculations and leave records.

 Revamped accounting system, which ended up in increased efficiency in handling accounting controls  Reduced cost of office supplies by 30% by introducing less expensive but high-quality supplier  Reviewed documents and accounts for discrepancies and resolved variances.  Completed year-end closing processes with controllers and external auditors.  Preparing VAT ledgers and Quarterly VAT return filing  Contributed to hiring, training and development of accounting teams.  Assisted in upgrade and conversion of in-house financial systems.  Reconciled accounts and created documents for monthly closure procedures.  Evaluated and improved financial records to make important business decisions.  Recommended strategies to expedite filing projects and annual reporting.  Leveraged finance knowledge to strengthen controls and improve transparency.  Reviewed business operations and obligations to help organization function at acceptable level.

 Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information . .  Preparing timely and accurate monthly financial statement in deadline pressure  Ensure supporting schedules/reconciliations are available for  Preparing cash flow statements, financial budgets, forecasting fund requirements  Reconciled balance sheets and streamlined best practices for balance sheet processes.  Preparing VAT ledgers and Quarterly VAT return filing  Reviewed documents and accounts for discrepancies and resolved variances.  Completed year-end closing processes with controllers and external auditors.  Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.

 Assisted in upgrade and conversion of in-house financial systems.  Reconciled accounts and created documents for monthly closure procedures.  Assisted team members in transitioning to new system through extensive training and one-on-one support.  Directed accounting team in timely reporting of finances for diverse client businesses.  Preparing VAT ledgers and Quarterly VAT return filing  Expedited payroll and invoicing by streamlining billing systems.  Liaised with clients regarding financial plans and objectives.  Contributed to hiring, training and development of accounting teams.  Oversaw accounting team in servicing diverse clients.