Govinda Reddy Pakala

 GOVINDAREDDY PAKALA E-Mail:-Phone: -/- SENIOR PROFESSIONAL ~ Demonstrated ability to model and present profitable investment themes and strategies in order to maximize investment returns ~ Finance & Accounts / Auditing / Taxation Preferred Location: Africa & Middle East PROFILE SUMMARY A result-oriented professional with nearly 16 years of a successful career in: Finance & Accounts With SAP Business One and Micro Soft Dyanamic Navisaion & Tally ERP 9 -Strategic Planning - Financial Control - Financial Accounting - Valuations (M & A)- Budgeting - System Development- MIS Reporting- Profitability Analysis - Auditing Steered overall accounting operations and audit for the organization including collections, purchase, contract compliance, receivables, deposits, disbursements, payroll, fixed assets and inventory Collaborated with the senior management team in improving and executing strategies and processes, accomplishing corporate goals and profitability for the company Distinction of advising on sales tax return and preparation of all statutory returns under Income Tax, Sales Tax and Central Excise Instrumental in formulating budgets and conducting variance analysis to determine difference between projected figures & actual expenditure and implementing corrective actions Skills in problem solving coupled with confident decision making for enabling effective solutions leading to high customer 6satisfaction and low operational costs Monthly financial statements and WIP schedules Sales, cash flow and financial projection reports KISARAWE CEMENT COMPANY LTD, Dar es salaam, Tanzania as .Fianace Manager March 2019 – Till date Bora industries limited , Dar es salaam, Tanzania as .Fianace ManagerJune-2017 – 2019 Key Result Areas: MIcroSoftDyanamics Navision implimenation and using Preparing monthly MIS reports viz. Receipts and Payments, Balance Sheet and Profit & Loss account and analyzing variance from standards of Consumptions and costs Managing financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable Maintaining of the daily financial reports, which reflects, cash requirement of the company Evaluatingthe personnel tax matters of management Directing and coordinatingthe overall responsibility of monthly payroll functions for 200 employees Overseeing all financial transactions, reporting and policies for companies including: General Ledger account transactions and reconciliations prepared by accounting staff Fixed asset management and depreciation schedules Monthly variance reports for the service and operations departments Annual business license reporting and renewals Monthly financial statements and WIP schedules Sales, cash flow and financial projection reports Budget and forecasting reports External audit information requirements for timely completion of audit schedules Monthly VAT ReturnsAmendments Sales tax returns, payee and with hold tax returns Reconciled: Stock Register Bank Statement Prepared: Cash Flow & other project reports Cash Book, General Ledger & Party Ledger, Inventory, Payroll, Import Documentation Payroll, NSSF, SDL, Payee, Income Tax of individuals and companies and VAT Trial Balance, Profit & Loss Account and Balance Sheet Reconciliation of Debtors Financial statements, management reports and journal entries Finalizedaccounts of corporate & non corporate Taai Group of Companies, Lilongwe, Malawi as Sr.Accounts ManagerJune-2014 – Apri-2017 Taai Construction and Machinery Services Ltd., TiliTonse Investments Ltd., Nail Tech Ltd. Key Result Areas: MIcroSoftDyanamics Navision implimenation and using Preparing monthly MIS reports viz. Receipts and Payments, Balance Sheet and Profit & Loss account and analyzing variance from standards of Consumptions and costs Managing financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable Maintaining of the daily financial reports, which reflects, cash requirement of the company Evaluatingthe personnel tax matters of management Directing and coordinatingthe overall responsibility of monthly payroll functions for 200 employees Overseeing all financial transactions, reporting and policies for companies including: General Ledger account transactions and reconciliations prepared by accounting staff Fixed asset management and depreciation schedules Monthly variance reports for the service and operations departments Annual business license reporting and renewals Monthly financial statements and WIP schedules Sales, cash flow and financial projection reports Budget and forecasting reports External audit information requirements for timely completion of audit schedules Monthly VAT ReturnsAmendments Sales tax returns, payeeand with hold tax returns Highlights: Streamlined the daily banking operations and preparing bank reconciliation statements and resulting in increase in organization liquidity Merit of saving INR 1. Crores / US$ 150,000Thousand annually in the Accounting & Billing Department budget by rearranging workloads, removing unproductive personnel and eliminating some budgeted vacant positions Directed and coordinated all administrative and finance functionsfor 4divisions involving administration of corporate insurance (risk management), corporate legal matters with outside counsel, and annual line of credit renewals with financial institutions Holds the credit of improving monthly closing from 1to 10working days Instrumental in supervising periodic reconciliations of selected ledger accounts on a monthly or quarterly basis Streamlined all statutory compliance, set up processes for revenue recognition and debtors reconciliation Guided company under financial stress to greater efficiency and profitability; reduced organisational risk through comprehensive changes thus ensured maximum accuracy and quality C5 Infra Private Limited, Sr. Accounts Manager Mar’13 – May-14 Key Result Areas: Handled monthly payroll operations for 400 employees Supervised the preparation of statutory books of accounts, financial statements and annual reports in compliance with Indian Accounting Standards Compiled monthly MIS reports viz. Receipts and Payments, Balance Sheet and Profit & Loss account and analyzing variance from standards of Consumptions and costs Prepared: Daily financial reports, which reflects, cash requirement of the company VAT returns and amendments Verified sales tax returns, P.F & E.S.I returns Managed financial departments including budgets, forecasting, payroll, accounts payable and receivable Trishala Groupof Companies, Arusha, Tanzania (Lodhia Group) as Sr. Accounts Manager Jun’09-Mar’13 Key Result Areas: Handled full-cycle accounts payable for over 150 vendors, with accountability ranging from weekly check processing and GL coding to account reconciliation and allocation Provisioned cover for payroll; posted weekly and temporary wage journals to the finance system and reconciled the salary account at month end along with bi-weekly payroll for over 500 employees Stabilized the process of accounts payable/receivable by developing and implementing proactive workflow procedures Collated data for sale of all branches including cash collection, sales and other transactions Reconciled: Stock Register Bank Statement Prepared: Cash Flow & other project reports Cash Book, General Ledger & Party Ledger, Inventory, Payroll, Import Documentation Payroll, NSSF, SDL, Payee, Income Tax of individuals and companies and VAT Trial Balance, Profit & Loss Account and Balance Sheet Reconciliation of Debtors Financial statements, management reports and journal entries Finalizedaccounts of corporate & non corporate PREVIOUS EXPERIENCE Resonate Software Solutions Pvt.Ltd., Hyderabad asSr. Accountant & Pay Roll ExecutiveNov’08 – Jun’09 Anand Rathi Stock Broking Ltd., Hyderabad as Sr.AccountantAug’07-Nov‘08 CIL Secuirities Ltd., Hyderabadas AccountantJun’04- Aug‘07 IT SKILLS Operating System:MS-DOS, Windows 7 Database:SQL Application Package:MS Office 2013 ERP Software:MicroSoftDyanamicNavisaion, SAP Business one Accounting Software:Tally ERP 9, PeachTree, Sage 50 Accounting, Quick Books 2014 CERTIFICATION Certification in NSE's in FinancialMarket (Capital Market Segment) ACADEMIC DETAILS B.ED. from Osamania University, Hyderabad in 2006 B. Com. fromKakatiya University, Hyderabad in 2004 PERSONAL DETAILS Date of Birth:18thJune 1982 Languages Known:English, Hindi &Telugu Mailing Address:# 3-14 Deshaipally, Veenavanka,karimanagar PIN :500020 Nationality:Indian Marital Status:Married No. of Dependents:2 Passport No.:N- (31ST December 2025) Driving LicenseIndia,Tanzania,Malaw