SANDEEP YEDURU

Phone: +974 – 33059723 | E-Mail:

Flair for handling Financial Accounting / Budgeting & MIS / Various ERP Functional functions: a forward-thinking person who is at ease with budgetary challenges, deadlines & high pressure situations

PROFILE SNAPSHOT

Management Accounting
Budgeting & Forecasting
MIS Reporting
Finalization of Accounts
Auditing
ERP Functional
Cost Control
Expense Management
Team Management
  • Master’s Degree in AccountingManagementwith 10 years of commendable success in Finance Functions & ERP Functional
  • A strategic planner with expertise in designing and implementing financial systems to facilitate enhanced financial control and make the business processes more robust
  • Adept in revamping existing systems & procedures, preparing business continuity plans and facilitating effective decision-making
  • Adroit in adding value by suggesting possible cost savings and developing a strong control based environment by recommending systems, policies & standard operating procedures
  • Skilled in conducting qualitative analysis of MIS and expertise in ERP Modules – Financials Module, OPM Module, Product Development (Manufacturing) Module, Order Management Module, Inventory Module and Purchasing Module
  • Experienced in spearheading a wide spectrum of Finance & Accounts activities encompassing finalization of accounts, cash flow management, taxation and auditing
  • Possess excellent interpersonal, analytical, problem solving, presentation and leadership skills with proven ability in planning & managing resources

AREAS OF EXPERTISE

  • Managing finance functions involving determining financial objectives and designing & implementing policies & procedures to facilitate internal financial & process controls
  • Creating management tools to measure financial & operational performance viz. financial ratios, trend analysis, variance analysis, key performance indicators and developing financial models
  • Managing receivables, payables (including Inter-Company) & GL Modules; evaluating business or project financial metrics and drivers; designing and implementing project controls
  • Analyzing the information memorandum and full financial details from data room of the potential acquisition opportunity and projecting P&L, balance sheet, fund flow and growth opportunities
  • Formulating business plans & annual budgets based on inputs from various stakeholders & building various scenarios with underlying assumptions; supervising and ensuring adherence to budgetary parameters
  • Conducting variance analysis to determine difference between projected as well as the actual results and implementing corrective actions to achieve the objectives
  • Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations

EMPLOYMENT DETAILS

6th Oct 2011 – 14th April 2016: Schlumberger Limited, Qatar & Saudi Arabia as Financial Analyst

Oracle ERP – Financials Module, Payables Module, Receivables Module, Order Management Module and Purchasing Module

Rendered assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements

Assisted with financial planning, forecasting, Budgeting and monitoring of results versus objectives

Monthly Reconciliation of Sub-Ledgers with Trial Balance for OPM, Payables, Receivables & GL

Mont-End closing of Oracle for different modules – OPM, Fixed Assets & General Ledger. Supervise the close for Receivables & Payables modules in Oracle

Entries in Assets Module – Assets Additions, Depreciation, Transfers, Retirements, Sales & re-classification

Performed physical count (inventory & fixed assets) & reconciliation with sub-ledger

Balance sheet account review and reconciliation and preparation of associated BS notes

Analysis and control investment (Capex, Inventory, Projects, DSO); Perform monthly reviews of Profit & Loss and Balance Sheet accounts relating to area of responsibility, including business indicators such as profitability and liquidity

Provided training & developing manual for the end-users with respective of modules in ERP, Account Mapping, Processing Accruals, Exchange rates (Daily & Period) updating, Approving Journals and Accounting Codes

Rendered assistance to the Finance Controller in all month-end activities including month end journal entries, balance sheet and profit and loss account scrutiny, key reconciliations, variance analysis and submitting monthly financials

Handled General Ledger Module - Chat of Accounts, facilitating the needs of users for new account set up

Handled Cost Supervisor Module - MAC account mappings, Actual cost adjustments, Cost Calendar set-ups & month end closing

Coordinated with internal and statutory auditors ensuring timely completion of the audit obtaining audit reports; creating cash flow; monthly, quarterly & yearly management & finance reports like sales report, revenue report, suppliers’ payments report reporting to Finance Controller and Country Manager

1st July 2010 – 8th Jun 2011: SEW Infrastructure Ltd., Hyderabad as Assistant Manager – ERP

Responsible for a Team of 10 and worked on Oracle – ERP and handled day-to-day accounting aspects independently

Monitored all the Accounts Payable and Accounts Receivable Departments activities and Provided training to the end users & team members in all Finance Modules

Classified chart of accounts & creation of new banks & bank branches and handled tax creation like TDS, VAT, Excise Tax, etc. and bank reconciliation

Prepared general ledger entries including Pre-paid, accruals, allocations, etc. and routing reports as required

Performed subsystem control including client receivables, fixed assets, payroll and inventory control

Generated monthly analysis of GL and balance sheet accounts in accordance with GAAP

Developed and evaluated business or project financial metrics and drivers; Designed and implemented project controls

Performed balance sheet account reconciliation and prepared associated balance sheet notes

Efficiently coordinated key projects that were allocated by the Group Financial Controller

Analyzed prospects to enhance cost efficiency; supervised, summarized and finalized the accounting activities till final audit

1st Feb 2009 – 26th Jun 2010: BDR & Co., Visakhapatnam as Accounts Administrator

Spearheaded a team of 10 members with activities in accounting and provided direction to employees according to policies & procedures

Monitored and headed the Payables and the Receivables and the Treasury department’s activities

Evaluated and control investment (Capex, Inventory, Projects and DSO)

Participated in physical count (Inventory & Fixed Assets) & reconcile with sub-ledger and submission to External Auditors

Monitored revenue and expenditure and ensured data is recorded correctly in the financial accounting system

Well executed monthly reviews of Profit & Loss and Balance Sheet accounts related to area of responsibility, including business indicators such as profitability and liquidity

Provided training to the end users & team members in all Finance Modules

Accomplished monthly analysis based on costs and revenue along with support in financial planning, forecasting and monitoring of results versus objectives; Support mentoring and development of Accountants

Efficiently organized financial training for field engineers and managers and review of outstanding payables & monitored receivables write-offs

Maintained book accruals, expense allocations and perform general ledger account analysis as part of the month end close process, P&L variance analysis including review of detailed revenue and cost transactions

Prepared and Analyzed accurate quarterly, annual Financial Statements including Balance Sheets, Statement of Operations and Statement of Cash Flow

14th Apr 2007 – 27th Sep 2008: Spencon Polyphase (Z) Limited – Lusaka, Zambia as ERP Manager

Supervised the Receivables, Payables (including Inter-Company) & GL Modules in Oracle

Successfully worked on ERP and routed Accounts Payables like invoice & credit memo creation, invoice inquiry, invoice cancellation, payment & prepayment creation

Oracle GL (GL: Revaluation, consolidation, general options and allocations, Chart of Accounts, etc.)

GL Module in Oracle – Account Mapping, Processing Accruals, Exchange rates (Daily & Period) updating, Approving Journals

Distinction of handling new suppliers’ creation, payments processing and processing receivables with respect to the clients and suppliers and inter-company

Developed purchase requisition, purchase order, receiving and issuing of items

Classifying the item and its sub division and assigning according to the category and also assigning to the relevant projects

Processing all the entries and adjustments in GL module, accounts receivables like manual transactions, deposit invoices, credit transactions, receipts and reversal receipts, etc.

Bank reconciliation and creation of new banks and branches

Taxes creation and assigning to the projects

Rendered services as Accounting Manager with preparation of monthly and quarterly financial package

Efficiently managed General Ledger like Journals, Currency, Taxes, etc.

Played a major role in preparing and presenting the monthly & yearly management reports such profit and loss account, sales report, Revenue report, Suppliers payments report

PREVIOUS EXPERIENCE

20th Feb 2006 – 19th Jan 2007: Bank of America, Hyderabad as Team Member

1stAug’05 – 25thJan’06: Prognostic Solutions India Pvt. Ltd., Hyderabad as Accounts Executive

Significant Accomplishments

  • Magnificently executed ERP – Oracle Financials and OPM Modules in Schlumberger Limited, Qatar in 2011
  • Bagged Best Performance Award in Bank of America for the months Jul’06 and Aug’06
  • Successfully completed a delayed project in the required time with the co-ordinal support of the Project Engineer and rendered assistance to the engineering team at tendering stage for Mopani Copper Mines project and quoted for the best price with 38% marginal profit in Spencon Polyphase (Z) Ltd.
  • Participated in ISO Certification and Change Management Policy for Spencon Polyphase (Z) Ltd.

ACADEMIC DETAILS

  • Master of Business Administration (Finance) from Sathyabama University, Chennai, India in 2005
  • Bachelor of Commerce from Andhra University, Visakhapatnam, India in 2003
  • Master’s Degree in Accounting from McMillan University in Columbia, U.S.A on 6th May2013

IT SKILLS

  • Proficient in Oracle Apps R12 (Finance, Inventory & Procurement Modules) and Oracle 11i (Receivables, Payables, GL & OPMModules)
  • Well versed with MS Office (Excel, Word & PowerPoint), Windows & Internet Applications

Personal Details

Date of Birth:21st July, 1983

Passport Details:Z2677209

Nationality:Indian

Marital Status: Married

Visa:Qatar – Resident Permit Visa with NOC

Address:Flat R106B, Ezdan-3, Al-Wukair, Doha, Qatar

Linguistic Abilities:English, Hindi, Telugu, Oriya & Tamil