Tejaswini Umesh Email & Phone Number

Bengaluru, Ka, In

India

Financial planning and analysis:•Developed a template for accurately forecasting and monitoring cash flow and an MIS dashboard tracking monthly profitability metrics, developing financial forecasts to optimize business growth.•Responsible for extensive business planning, budgeting and forecasting with detailed analysis for proper fund utilization•Led the creation of a long-term financial roadmap that enabled the company to secure funds in external funding by demonstrating robust financial projections. Collaborated with cross-functional teams to create a zero-based budgeting process, reducing discretionary expenses by 38% while maintaining operational efficiency. •Prepared comprehensive operating expense reports, conducting in-depth analysis of unstructured data and achieved a 39% reduction in operating costs by implementing a new policy •Developed a detailed project-wise GP (Gross Profit) report that identified inefficiencies in logistics and delivery, providing critical insights for management, resulting in a 4% increase in gross profit margins.Finance function:•Responsible for the company's accounts and finance function including AR, AP & payroll• Maintained meticulous records of all financial transactions, ensuring compliance with tax regulations and internal company policiesCompliance:• Assisted in the preparation of tax returns, resolving any technical issues ensuring compliance with tax laws (GST,TDS and PF) resulting in timely submissions with proper documentation• Collaborated with external auditors during financial audits, providing necessary documentation and ensuring a smooth audit process and achieving a 70% reduction in discrepancies from prior period• Implemented accounting policies and procedures, continuously reviewing and improving systems and processes to enhance financial efficiency, accuracy and increasing productivity of the team• Led a comprehensive clean-up of the books of accounts and established monthly books closure protocols

Bengaluru, Karnataka, India

Bengaluru, Karnataka, India

Strategic Financial Analysis & Reporting: Collaborated with business finance managers to prepare monthly financial reports with actionable insights for senior leadership. Delivered analysis on profitability, cost control, and variance leading to a 12% reduction in operating expenseBalance Sheet Reconciliations & Process Optimization:Ensured the accuracy and completeness of balance sheet accounts by performing thorough monthly reconciliations. Resolved discrepancies within 3 business days, improving the accuracy of financial reporting by 15% Cash Flow & Capital Management: Analyzed inter-company transactions and Capex, preparing cash flow statements that optimized fund allocation, improving liquidity by 20% and reducing idle cash by 15%.Process Optimization: Implemented processes to improve data accuracy and financial controls by 20%, enhancing reporting quality and efficiency. Standardized workflows to reduce errors and improve month-end reporting timelines.Expense Management: Monitored and controlled expenses, reporting variances to ensure alignment with budgets and financial objectives.Compliance & Risk Mitigation: Ensured compliance with accounting standards and regulatory requirements across accounts and ledgers. Identified and mitigated financial risks, enhancing the organization’s financial health.Forecasting & Financial Close: Managed month-end closures within 6 days, delivering accurate Balance Sheets, P&L Statements, and variance analyses. Supported planning processes with insights to aid in forecasting and budgeting.

Bangalore Urban, Karnataka, India

-GST Manual, Compliance and Audit in various sectors such as Newspaper, Automobiles, Charitable Trust, Exports, NBFC, Education and others -Statutory Audit and Tax audits of corporates in Education, Automobile sectors and Charitable trusts -Senior articled assistant leading a team responsible for GST Return filings of around 30 companies across various sectors-Limited review of a listed company with a turnover of INR 7000Cr-GST Audit & compliance of a leading media company in India and saved taxes worth INR 2Cr

Chartered Accountancy

Associate Member since 2021

Bachelor Of Commerce, Accounting And Finance, 8.07 Cgpa

Activities and Societies: Graduated last semester with a SGPA of 9.03 and an Outstanding grade Lead vocalist in the college band, Aarohi

Pre-University, Business/Commerce, General, 97%