Santosh Sarvadevabhatla

SANTOSH SARVADEVABHATLA H.No. 1-6-141/46/2/A/1, Sriram Nagar, Suryapet, Telangana – 508213.. Mobile: - Email:- In quest of a challenging role in a growth oriented organization as a key contributor. Meticulous and highly accomplished professional with over 9 years of experience in MIS, Financial Planning & Analysis, Compilation of Financial Statements Based on IFRS and analyzing the differences between IFRS/IAS, Indian along with necessary disclosures and performing various types of audits including statutory, internal, tax, bank and payroll; Persuasive communicator with exceptional management and accounting skills with ability to relate to people at any level of finance operations. Possessing valuable insights, keen analysis and team approach to implement best practices to achieve business excellence. Adept at working in high pressure environments with strict deadlines and multiple deliverables. Exercise a high degree of discretion, mature judgment, and tact in handling issues of a sensitive nature. Chartered Accountant from Institute of chartered accountants of India. PROFESSIONAL COMPETENCIES STRENGTHS Accounting and Reporting: 1. Having knowledge of accounting policies and ability to interpret, evaluate and implement in the day to day processes. Ex. Lead a project on ensuring segment reporting across east countries and advised corrections for material deviations from IFRS -8 which impacts the reporting for given period. LEADERSHIP ATTRIBUTES STRENGTHS 1. Authenticity & Curious to Learn 2. Resilient under pressure 3. Adapting to the new changes coming in. Core Competencies Financial Analysis MIS Reporting Budgeting & Forecasting Variance analysis Advance MS Excel Critical decision making Adoptability & Multitasking Strong project management Proactive/Industrious Detail Oriented IT Skills Operating System:MS-Dos, Windows ERP Applications (Functional): Tally ERP9, SAP Applications: MS Excel Advance Other’s : Citrix, MS Office. Accolades Scored highest marks in CA PE – II Financial Accounting. Recipient of Audit Lead Award from M/S.TV RAO Associates. Knowledge Transfer and Transitions Knowledge Transfer done to many employees during the tenure with my current employer to enhance the knowledge of the new employees in the process. Received appreciation from my employer for maintaining excellent Accuracy and Productivity. Career Recital Current Employer: S. SAMBA SIVA RAO & ASSOCIATES, Hyderabad Designation: Partner Duration: Sep 2017 to till date. Key Deliverables: Prepared draft audit reports, Management Representation letters and Notes on Accounts. Ensured that accounting standards complied in the presentation of financial information. Reviewed and evaluated the internal control systems of Organizations. Performed Ratio analysis, Bank reconciliation statements, TDS, Service tax and GST reconciliations. Conducted ageing analysis of debtors and creditors with an aim to monitor receivables and keep payables under control. Prepared E-Filing of tax returns. Limited review of Listed Companies. Able to independently handle bank matters including Credit Limits and interaction with Bank Managers and Credit Managers and fulfill their requirements. Developing and maintaining internal controls in client environment Evaluating Capital Investment decisions Leading the internal audit team to provide efficient support for smooth operations of the business. Representing before statutory authorities Filing Appeals and Revisionary petitions with Appellate authorities. Preparation of annual financial statements and working papers for entities in accordance with relevant regulatory framework such as IFRS within TAT. Identification and resolution of accounting issues associated with preparation of financial statements. Advice on accounting procedures to ensure consistent application and follow up of policies. Reconciling the differences between IFRS and Indian GAAP and make corresponding disclosures in financial statements Ensure that additional financial statements required under IFRS like shareholders equity are prepared. Setting of budgets for income and expenditure by the business, as well as a capital budget showing major capital spending e.g. on premises, equipment etc. Summarize the costs to create a budget and identify any risks and issues with the budget set. Assist in preparing monthly financial forecasts and yearly financial budget. Review the accuracy of journal entries and accounting classifications assigned to various records. Previous Employer: S&P Global Market Intelligence, Hyderabad Designation: Team Leader Duration: June 2015 to till date Review of Notes to Accounts of clients and analysing the deviations from requirement of IFRS. Analysis of Segmental Information and advised the clients in better presentation of Business and Geographical segments data as per IFRS 8. Performed Ratio analysis, Bank reconciliation statements. Conducted ageing analysis of debtors and creditors with an aim to monitor receivables and keep payables under control. Evaluating Capital Investment decisions Setting of budgets for income and expenditure by the business, as well as a capital budget showing major capital spending e.g. on premises, equipment etc. Summarize the costs to create a budget and identify any risks and issues with the budget set. Assist in preparing monthly financial forecasts and yearly financial budget. Previous Employer: TV RAO ASSOCIATES, Chennai Designation: Partner Duration: May 2011 to May 2015 Key Deliverables: Prepared draft audit reports, Management Representation letters and Notes on Accounts. Ensured that accounting standards complied in the presentation of financial information. Reviewed and evaluated the internal control systems of Organizations. Performed Ratio analysis, Bank reconciliation statements, TDS, Service tax and VAT reconciliations. Conducted ageing analysis of debtors and creditors with an aim to monitor receivables and keep payables under control. Prepared E-Filing of tax returns. Limited review of Listed Companies. Able to independently handle bank matters including Credit Limits and interaction with Bank Managers and Credit Managers and fulfill their requirements. Developing and maintaining internal controls in client environment Evaluating Capital Investment decisions Advice on accounting procedures to ensure consistent application and follow up of policies. Reconciling the differences between IFRS and Indian GAAP and make corresponding disclosures in financial statements Ensure that additional financial statements required under IFRS like shareholders equity are prepared. Review the accuracy of journal entries and accounting classifications assigned to various records. Scholastics Associate Chartered Accountant from ICAI with 50% of aggregate marks in May 2011. M.com from Osmania University, Hyderabad with 55% of aggregate marks in June 2007. Bachelor of Commerce (B.com) in Accounts from Osmania University, Hyderabad with 61% of aggregate marks in April 2005. Intermediate Education (+2) from Board of intermediate education, Hyderabad with 70% of aggregate marks March 2002. SSC from Board of secondary education (AP) with 68% in March 2000. Personal Dossier Determination is my forte. I enjoy working in groups and adopt an open mind when trying to solve problems. All through the years, I have been focusing on strengthening my competencies to be a match winner. I believe in perfection and performance with quality. In the light of challenges, I strive to make fruitful the vision, mission & objective of the organization. Date of birth : 18th Aug, 1985. Marital Status : Married Hobbies : Playing Cricket, listening to music Nationality : Indian Languages Known : English, Telugu, Tamil and Hindi. References : Available upon request. Place: Date: (SANTOSH SARVADEVABHATLA)