Basava Punnaiah V

+91-7708204001 basavapunnaiah27@gmail.com

Result-driven individual, targeting senior-level assignments in Finance, Accounts, Audit & Taxation with an organization of high repute
in Manufacturing or Services Industry.

Profile Summary

• Accomplished professional, with experience of nearly 2 years of Finance, Accounts, Audit & Taxation
• Generated precise Financial Reports that provided senior management with accurate, on-time information to effectively
manage current and future obligations
• Recorded, interpreted and reported financial information in support of general business operations and long-range
strategic planning functions
• Preparation and presentation of monthly variance report to management, Intercompany reconciliations and debtors
& creditors reconciliations
• Preparation of MIS & Reviewing of P&L Actuals with budget/forecast figures and identify variances and
communicate variances to the business controllers.
• Effective Leader who seeks positive resolution to problems through active listening and commitment to integrity

Core Competencies

GL Accounting Audit & Taxation

Reporting & Analysis MIS Management/Presentations
System Implementations Data Reconciliation/Analysis
Documentation Business Analysis

Accomplishments

• Solely handled all TDS return filings, IT assessments for Amara Raja Group companies.
• I have secured 79% in Financial Reporting (Accounts) in CA Final Exams
• Member of Cricket team which was Runner up in District Cricket in 2009

Work Experience

Since
Assistant Manager- working under SAP (S/4 HANA) Environment
Nov’19
Amara Raja Batteries Limited, Tirupati
Key Result Areas:
General Ledger Accounting

• Hands on experience in preparation of Financial Statements including the consolidated Financial

Statements in line with IND AS.
• Review of P&L actuals against budget and identify variances and communicate variances to
respective business controllers
• Preparation of MIS on budget vs actual and present it to the senior management.
• Verification of Procure to Pay (P2P) in Amara Raja Group companies and reconciliation of vendor
outstanding balances
• Preparation of Balance sheet reconciliation, Inter Division & Inter Company Reconciliation
• Analysis of Debtors and Creditors – Ageing, Recovery period, Balance confirmation procedures and
identification of slow moving, Nonmoving of stocks.
 • Posting monthly JVs and MJVs as a part of month closure and reviewing Bank Reconciliation
Statements and closure of open entries
• Preparation of Cash Flow Statements
• Presenting Monthly Variance Analysis to management.
• Assisting in Vendor or Customer Code Creation and documents verification and driving
implementation of Excel Dashboards & Templates
• Formulating GL Schedules like LC & BG, Prepaid expenses and so on

Taxation

• Handling of all income tax related assessments & appeals and responsible for all direct tax related
compliances in Amara Raja Group.
• Preparation of monthly MIS on assessments, appeals, IT demands & Refunds and sending to the
senior management
• Keep tracking of notices received from IT & GST department and giving replies against the notices
received
• Preparation of internal circulars on amendments in Direct & Indirect taxes and circulating to senior
management
• Computation of eligible ITC & filing of GST returns within the due dates
• Verification of GSTR-2A with the books and follow up with the vendors in case GST return not filed.

Article ship

Organisation: Vepa & Co., Chennai Designation: Article Assistant Duration: Sep’14 to Oct’17

Education

Course College/Institute Year %

CA-Final May-19 53.50

CA-IPCC May-15 51.00
The Institute of Chartered Accountants of India
CA-CPT Dec-11 55.50
Class XII Board of Intermediate Education Andhra Pradesh 2010-11 88.70
Class X Secondary School of Education Andhra Pradesh 2008-09 89.17

Technical Qualification

• Proficient in usage of MS Office tools like MS Word, MS Excel and Power Point
• Working Knowledge in ERP Applications – SAP, Tally

Personal Details

Date of Birth: 05th May, 1994

Marital Status: Single
Languages Known: English, Telugu, Tamil
Hobbies : Cricket, Cooking