Ramanaiah Vadlamudi

Senior Finance and Accounts management professional with 7 years’ experience by combining cross functional competencies in managing financial forecasting, budget creation, cost monitoring, financial reporting, and audit preparation. Acknowledged for sound decision making talents borne of intense data analysis, business acuity, and big picture vision. Strategic, methodical, and reliable. Enjoys the challenge of resolving long term issues eluding prior incumbents and influencing revenue positive outcomes. Tireless pursuit of delivering consensus amongst stakeholders. Current CTC is above 24 Lakhs in India.

Work experience:

October 2016 to till date: Senior Manager – Commercial: at NCC Crowns Private Limited a Joint venture company of Carlsberg India Private Limited and Nippon closures co. ltd. (Japan based)  Preparing budgets and business forecasts and executing appropriate budgetary plans to achieve targets as per budgets.  Preparing financial statements and providing the required information for audit and co-ordination with auditor for timely completion of audits.  Preparing and presenting monthly, quarterly, and annual financial statements and variance analysis of actual results vs budget estimates at BOD.  Preparing monthly, quarterly, and annual funds management plans, arranging for short- and long-term funds from bank and financial institutions.  Preparing unit costs based on actual and projected costs and developing and implementing sales and procurement strategic plans.  Ensuring the timely statutory payments, statutory return fillings and Department audit completions under GST, TDS, PF, PT, ESI Etc.,  Taking care of import and exports of materials including follow up with CHA, Bill of entry and Shipping bill checking and duty payments.  Providing product wise costing and supporting sales team in price negotiations with customers.  Developed and implemented suitable inventory storage system and inventory recording systems.  Developed and implemented systems for closing gaps between actual scrap generated and actual scrap sold and a system for employee performance evaluation.

Finance Manager at Frumar Marketing Private Limited, Hyderabad, India.  Recording and maintaining day to day books of accounts of Frumar Marketing Pvt. Ltd. and Its sister concerns,  Teja’s Food Industries LLP, (Pickles Manufacturing)  NSP International (Proprietary),  Amaravati Processed Foods LLP,  Preparing financial statements and providing the required information for audit and co-ordination with auditor for timely completion of audits.  Filling timely statutory returns and making timely statutory payments under various acts.  Preparing Various MIS Reports such as Reconciliation statement of Purchase, Sales and Collections, age - wise analysis of receivables and payables for effective conduct of business.  Tax Planning for Group Companies, Computation and Preparation of Income Tax Returns.  Booking forward contracts with banks for buying & selling foreign currency.  Discussing with Banks and Stock Financing Companies, Preparing Required Projections, Proposals & Documents including CMA data and Projections w.r.t Loans, Bills Discounting and Bills Collection matters and funds Management.  Preparing and maintaining up to date Stock records, Conducting Physical Stock Verifications and Submitting monthly stock statements to the Bank and Company Management.

1. Preparation of Budgets,
2. forecasting for short and long terms.
3. Variance Analysis, (Actual vs Budget)
4. Monthly Reports,
5. product wise Unit Cost calculations,
6. Auditing,
7. Financial report preparation.

I am Chartered Accountant, qualified during CY 2015 November attempt from Institute of Chartered accountants of India (ICAI).

As a Chartered Accountant, i am Expert in Taxation matters, Financial Report preparations, Auditing of accounts, Costing related issues etc.,