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 AccountingBudgeting & 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