Srikanth Balda Email & Phone Number

Hyderabad, In

Hyderabad Area, India

• A competent professional with 16.5 years of expertise in Finance & Accounts, Facility Management and General Administration• Hands-on experience in finance & accounts activities encompassing preparation to verification, consolidation & finalization of accounts, cash management, audits & settlement of payments in coordination with all stakeholders (internal & external) • A strategic planner with skills in analyzing existing financial systems & procedures, preparing annual operating… Show more • A competent professional with 16.5 years of expertise in Finance & Accounts, Facility Management and General Administration• Hands-on experience in finance & accounts activities encompassing preparation to verification, consolidation & finalization of accounts, cash management, audits & settlement of payments in coordination with all stakeholders (internal & external) • A strategic planner with skills in analyzing existing financial systems & procedures, preparing annual operating plans / budgets, designing internal control systems and facilitating effective decision-making• Proficient in handling a wide spectrum of general administrative activities including material procurement, vendor development, housekeeping, budgetary control, back-office operations and outsourced annual service contracts• Extensive experience in conducting financial analysis, preparing MIS reports and implementing systems for operational effectiveness; skilled in exercising internal control for profit analysis and working capital management• Expertise in spearheading facility management functions and negotiating with service providers for cost-effective solutions to ensure effective & seamless operations• Proven acumen in managing stakeholders with the accountability of informing them on future scenarios, maintaining key relations with clients by acquiring feedback on critical issues and taking suitable actions to ensure positive experience• A strategist cum implementer with recognized proficiency in spearheading business to accomplish corporate plans and goals successfully Show less

Hyderabad Area, India

• Managing all facets of budgeting, forecasting, financial analysis, variance reporting, cost control, product costing, product standard cost development, and so on for job order and process costs in a manufacturing environment • Preparing & Monitoring: Monthly, quarterly and year-to-date (YTD) gross margins reports, inventory levels and turns by product line; identifying and calculating slow moving and obsolete inventories for reserve consideration o Controlling and maintaining fixed… Show more • Managing all facets of budgeting, forecasting, financial analysis, variance reporting, cost control, product costing, product standard cost development, and so on for job order and process costs in a manufacturing environment • Preparing & Monitoring: Monthly, quarterly and year-to-date (YTD) gross margins reports, inventory levels and turns by product line; identifying and calculating slow moving and obsolete inventories for reserve consideration o Controlling and maintaining fixed assets; streamlining reports and entries, filing returns for fixed assets, monitoring site wise capitalization and provision, undertaking physical verification of assets, ensuring that all assets are insured at the correct value o Supervising: Operations of the Accounts Receivable (AR) section with focus on ensuring efficient processing (payment allocation, reconciliation and month-end reporting) of company receivables through SAP and timely collection in accordance to company policies o Daily Accounts Payable (AP) processes and clerks; managing vendor relations as well as timely and accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions• Serving as a Head of the Treasury Management & Procurement Team• Maintaining adherence to corporate, accounting and GAAP standards; addressing escalated accounts payable issues raised by employees and vendors; ensuring accurate and compliant files and records in line with company policies and government regulations • Arranging bank funding and managing banking OD limits / yearly renewals of the limits / terms loans including documentation• Directing the efficient rendering of facilities including canteen housekeeping, transport, materials and ensuring compliance with statutory acts as well as rules & regulations• Implementing procedures & control systems for maintaining quality standards; leading efforts for streamlining processes and generating cost savings in facility operations Show less

Master Of Business Administration (M.B.A.)

Education record