Hi , I am Anil Sankar V , Chartered Accountant and Financial Wizard by Profession.Thanks to my father who taught me accounting at age of 12 , yes you heard me right . Back then , I did accounting for company named "Destination Ltd" in Tally & earned quite sizeable amount for 2 years.At the age of 16 , with the help of Maths Proffesor conducted an entertaining event & collected 180x ROI in a half day event ; contributed to school welfare fund. Things moved on , and bagged good ranks in AIEEE,EAMCET & VIT in pursuance of dream to be engineer. But later as challenge to beat one of the toughest course, dived to become CA.In one of my first instinct as CA in the year 2012 , modeled flow path for accounting & inventory management to security solution provider.Got an opportunity to work with Ex - MD of Andhra Bank & CBI and eminent CA's in floating "Asset Reconstruction Company" and an additional assignment as head of team for internal audit of a billion $ organization & leading real estate company in Visakhapatnam.Moved to Tanzania as Financial Controller , had great practical experience with investors & directors in dealing with various stakeholders and building org. from scratch to legendary real estate company. Later was approached by loss adjuster to work as consultant in part time had an excellent exposure in Insurance sector. Those 4 years of experience craved me out to be dynamic decision maker,visionary entrepreneur & Inquisitiveness towards hidden financial knowledge. In due course ,out of curiosity learnt & developed two small android apps had 5k - 7k downloads which later got shut down due to change in Google rules.Got an opportunity to work with organization in Bengaluru which was floated by ex-KPMG directors as manager for 18 months . In that period , headed the team for preparation of IFRS statements in consolidation with multiple subsidiaries across the globe on historic basis for world no.1 Suture Manufacturing company and India's Leading Franchisee provider for YUM brands , drawn up accounting and legal process for small finance bank , reprocessing and automation consultant for unicorn logistic startup , served as Virtual CFO and headed up accounting team for various entities. At the end of 2018, scored highest marks in DIP IFRS (ACCA, UK).Ventured out in 2019 ,to provide VCFO service, Automation , IFRS Financials and tailored made MIS. Currently providing service to 100+ Starups & MSME.If you want to talk more on automation , VCFO and financial management hit me up or just email at at : anilsankarv@gmail.com.
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PartnerA M R V And AssociatesHyderabad, In
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Founder & AdvisorMap Pro Sep 2018 - PresentHyderabad, Telangana, India•Virtual CFO services to startups , SME and established entities in catering there accounting , automation , cloud accounting,MIS,fund raising and investor report.•Provide complete cloud based accounting solutions with technology implementations namely integrations/API.•Due diligence for investors to ensure detailed examination of financial records and statutory compliance under 30 check points of various acts.•Reconciliation of Account Receivables / Account Parables and provide re-commendatory solutions in realigning SOP to reduce frauds.•Payroll solution, implementation and ensuring compliance of PF/ESI/PT/MATERNITY/BONUS & other acts.•Startup advisory in raising and structuring of funds , pitch deck , growth strategies and optimizing government benefits. -
TrusteeSankar Sarojini Kamala Foundation May 2023 - PresentHyderabad, Telangana, IndiaThis organization was garnered and originated from father's life to strive in betterment of society towards which I was in sighted at early age to help the needy/orphans/elder persons and care for every living soul. My father dreamt to accomplish and I am daily moving step for greater cause.Till now ,completed construction of shed for NGO which provides free education to orphans in AP, India . Now , in the process of building orphanage and app to track beggar/orphans & place them in registered & genuine trusts.
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PartnerA M R V And Associates Aug 2018 - PresentHyderabad Area, India•Preparation of MIS reports in analytical model using versatile tools with detailed validation check at every point and expertise knowledge in cloud accounting & placing internal controls at different management levels of organization.Turn around strategist for companies by way of meticulous planing implementation of bench marked strategies based on sectoral industry wise.•Headed internal audit teams and introspected them by analytical tools namely benford law , relative size factor and other tools.•Overall advisory for foreign companies for opening operations in India by detailing the model of operations meticulously. In compliance with RBI requirements on FDI received to companies for filing FCGPR to RBI. •Preparation of IFRS/IND AS Financial Statements in introspecting ever classification of account on consolidation of more than 18+ Indian owned and foreign subsidiaries.
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Head Of Hyderabad BranchFinadvantage Consulting Dec 2017 - Aug 2018Hyderabad Area, India•Reporting to Directors and overall management of 6-8 clients on end to end activities with the support of teams based at client locations and guiding for resolving critical issues on daily activities. •Involved in setting up the accounting process in macro and micro level with the preparation of MIS , statutory filing, analysis of revenue and expenditure on whole and introspecting the works in a detailed manner of our team to curtail the errors. •Head for implementation of SAP B1 as well as responsible for migration from Tally 9 . -
ManagerFinadvantage Consulting Mar 2017 - Nov 2017Bengaluru Area, India•Prepared complete set of consolidated IND AS financial statements of 8 entities with turnover more than Rs.500 Crores in the sector of manufacturing medical devices and standalone IND AS financial statements for 5 entities under the guidance of our director for the FY 2016-17 with comparatives FY 2015-16 in reconciliation of differences between IGAAP and IND AS. Identified the inter/intra company transactions, items to be included in other comprehensive income and IND AS items for reclassification into financial asset / liabilities with proper computation of values under IND AS 109. IGAAP financial statements too have been prepared too in consolidation and notes to accounts for 8 entitles. .Headed the team in reconciling the differences in General Ledger(GL) and sub-ledger on accounts on migration from Axpert to SAP S/4 HANA.•Prepared a report detailing system flow analysis of a startup which is one of the fastest growing companies, in relation to how various departments are integrated with finance team and lacunae in the ongoing system.•Team member in the preparation of 400 flowcharts in ARIS for small finance bank envisaging the overall internal control in the organization w.r.t finance & banking.
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Financial ControllerDar Manor Limited Apr 2014 - Jan 2017Dar Es Salaam• Involved in risk taking decision for increasing sales turnover of the company.• Using cost benefit /strategic analysis for making decision in importation of materials which could have sensitized effect on profits. • Overall maintenance of books of accounts in preparation to cash flow reports, profit & loss a/c, balance sheet & sensitivity analysis of sensitivity items. Complying with laws of Tanzania, submitting accounts and filing accounts to Tanzania Revenue Authority (TRA) in correspondence with auditors.• Dealing with banks, purchaser, suppliers, engineers, stakeholders and customers. Involved in speculative decisions.• Submitting MIS report to director’s monthly with graphical analysis of data and advising company for expansion plans through investing in risk free business with comfortable returns. • Prepares feasibility analysis report for new ventures /projects with in depth analysis.• Preparation of documents and successful in securing overdraft and term loan facilities and in appealing way and true sense to banks.
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Financial Assessing Officer For Loss Adjuster (Part Time)Miles Insurance Surveyors Limited Apr 2016 - Nov 2016Dar Es Salaam• Dealt in cases assessing loss claim of more than USD 300,000. In certain cases stretched the financial investigation in depth to verify truth of claims.• Provided financial knowledge in assessing the claims with logical explanation in preparing due diligence report with advising risk improvements to clients varying from situation to situation.
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Administrative Consultant -Part TimeMeliora Asset Reconstruction Company Limited Feb 2013 - Mar 2014Visakhapatnam• Thoroughly Experienced the process of application to Reserve Bank of India (RBI) with guidance of directors for obtaining license successfully and to operate as Asset Reconstruction Company (ARC).• Solely responsible for fulfilling the duties of company in mediation with directors, shareholder’s, CA’s and Company Secretary. • Convened General meetings, Board meetings, AGM and EGMs. Maintaining minute’s book of all the meetings in accordance with companies act.• Held responsible for cash management for in and outflow of the company.• Filed Annual returns, Income tax returns, Quarterly TDS returns and other documents to be required to be filed by state/local law.• Minute compliance of companies act, FEMA, Income tax act, RBI guidelines and local laws with each being inter depending on other.• Monthly Management report to Board of Directors.• Assisted the company in design of logo through international sites. -
Financial ConsultantSudhakar & Kumar Associates Jan 2013 - Mar 2014Visakhapatnam•Head of audit team in statutory audit of real estate companies having turnover more than Rs.2500 Crores PA and plugging out the loop holes in the system path of finance and administration , the audit was worked in most systematic way with perfect coordination among the team members and extensive audit was accomplished in certain areas in compliance with the auditing and accounting standards.•Completed statutory audit of Film distribution, logistics companies (having more than 350 trucks), manufacturers of water packed bottles on large scale, media companies who are distributors of news papers and producers of films, hotels & share brokerage firms with turnovers more than 500 crores PA. •Expertise knowledge in tax audit of numerous companies, HNI, employees and NRI’s compliance with income tax act and rules.•Devised CASH management report to remove disturbances faced by the management of company in consolidation of 42 branches located in different states being appreciated by the board of directors.•Formulated principles in private companies for store management for prevention to theft (Implemented systems like bin card, GRN, PARETO & ABC analysis, formats for safety stock), employees moral conduct, strict norms in attendance of employees, efficient time utilisation of employees via cutting down inefficient time, framework of accounting policies, ,adherence to bi-weekly management report along with statistically and sensitivity analysis and flowchart of work in different departments.•Expertise knowledge in fulfilling the formalities in relation to inducting NRI’s as shareholders in different companies with compliance of FEMA act, Reserve Bank of India guidelines & Foreign Investment Promotion Board either through automatic route /government approval extending with repatriation of funds & dividends to host country from source country and vice versa.•Internal audit of trusts which have colleges and schools with enrollment of more than 7500 students.
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Financial Consultant - Full TimeAua Industria Sep 2012 - Nov 2012Dar Es Salaam , Tanzania• Worked as consultant of the company to increase the efficiency and for improvement of results in long run.• Advised CEO and Heads of various departments for implementation of system in related to implementation of advanced store keeping system, maintenance of project wise details by using the principles of job costing ,integration of finance dept. with administration and project manager ,found faulty errors in accounting procedures and implementation of policies and procedures.
Anil Sankar Varanasi Skills
Anil Sankar Varanasi Education Details
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Chartered Accountant
Frequently Asked Questions about Anil Sankar Varanasi
What company does Anil Sankar Varanasi work for?
Anil Sankar Varanasi works for A M R V And Associates
What is Anil Sankar Varanasi's role at the current company?
Anil Sankar Varanasi's current role is Partner.
What schools did Anil Sankar Varanasi attend?
Anil Sankar Varanasi attended The Institute Of Chartered Accountants Of India, Acca, Acharya Nagarjuna University, Sri Chaitanya College Of Education.
What are some of Anil Sankar Varanasi's interests?
Anil Sankar Varanasi has interest in Social Services, Children, Economic Empowerment, Politics, Environment, Education, Poverty Alleviation, Science And Technology, Disaster And Humanitarian Relief, Human Rights.
What skills is Anil Sankar Varanasi known for?
Anil Sankar Varanasi has skills like Financial Accounting, Financial Analysis, Auditing, Tally Erp, Microsoft Office, Strategic Financial Planning, Financial Reporting, Tax Law, Leadership Development, Internal Audit, Internal Controls, Cash Flow.
Who are Anil Sankar Varanasi's colleagues?
Anil Sankar Varanasi's colleagues are Ca.manga Reddy Mallidi.
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