Vivekshankaran Vaidyanath Email & Phone Number

Chennai, Tn, In

Chennai, Tamil Nadu, India

1. Achieved Seamless Communication and Clarity in Financial Reporting Achievement: Directly reporting to the CFO and CEO, orchestrating monthly MIS preparation and addressing parent company queries. Impact: Enabled swift decision-making by providing comprehensive reports that clarified financial performance, resulting in enhanced transparency and trust from executive leadership. Result: Fostered a culture of informed decision-making, positioning the company for strategic growth and success.2. Managed Comprehensive Audit ClosuresAchievement: Achieved 100% compliance in statutory, GST, and income tax audits.Impact: Mitigated financial penalties and bolstered regulatory standing.3. Improved Revenue Recognition and ReportingAchievement: Revamped revenue recognition and monthly MIS reporting, aligning with GAAP.Impact: Enabled precise revenue tracking and strategic decision-making.4. GST Compliance Management Expert | Resolved Notices with 100% Success Rate Achievement:Mastered monthly and annual GST compliances flawlessly, swiftly resolving all notices from the GST department with a 100% success rate. Adept at collaborating with GST consultants to ensure seamless proceedings.Impact:Shielded organizations from compliance risks and hefty penalties, solidifying their financial standing. Proven ability to navigate complex regulatory environments with finesse, driving operational excellence.With a reputation for delivering results and safeguarding financial integrity, I'm the catalyst for organizational success. Ready to elevate your team to new heights of compliance excellence.

Bangalore

I worked as a finance supervisor for the clients of CFO bridge1. Enhanced Financial Reporting EfficiencyAchievement: Reduced quarterly book closure time by 30% by streamlining GL account reviews and settlements.Impact: Improved financial reporting accuracy and timeliness, enabling faster strategic decision-making.2. Achieved 100% Compliance in AuditsAchievement: Successfully managed and closed statutory, GST, and income tax audits with 100% compliance.Impact: Eliminated risk of financial penalties and enhanced the client's regulatory reputation.3. Improved Revenue Recognition and Reporting SystemsAchievement: Overhauled revenue recognition and monthly MIS reporting, aligning with GAAP standards.Impact: Provided accurate financial insights, supporting key business decisions and fostering transparency.

Bangalore

1. Streamlined Inventory Reconciliation ProcessAchievement: Reduced inventory reconciliation discrepancies by 40% through enhanced accuracy checks and streamlined processes.Impact: Improved overall inventory accuracy and reduced financial discrepancies.2. Enhanced Inventory Valuation and AnalysisAchievement: Implemented advanced inventory valuation techniques, resulting in more accurate inventory reporting.Impact: Provided reliable data for strategic planning and inventory management decisions.3. Efficient Month-End ClosuresAchievement: Accelerated month-end inventory closures by 25% by optimizing reconciliation and reporting workflows.Impact: Ensured timely and accurate financial reporting, supporting efficient business operations.

Bangalore

I was internally transferred from J.walter thompson to Contract advertising 1. Streamlined Accounts Receivable Process: Implemented efficient invoicing procedures, resulting in a significant reduction in billing cycle times and improved cash flow. Successfully managed client correspondence and payment follow-up, leading to a notable decrease in overdue accounts and increased revenue realization.2. Software Transition Expertise: Spearheaded seamless transition between accounting software systems, ensuring data integrity and minimal disruption to operations. Trained non-finance staff on new software usage, facilitated backlog clearance, and independently managed accounting processes during critical blackout periods, showcasing adaptability and leadership skills.3. Financial Performance Enhancement: Demonstrated expertise in financial analysis by consistently exceeding budget and cash forecast targets. Produced insightful financial statements, conducted ratio analysis, and generated accurate projections, enabling informed decision-making and contributing to overall organizational growth and profitability.

Hyderabad, Telangana, India

1. Reduced Accounts Receivable Aging by 30% Implemented proactive collection strategies and streamlined invoicing processes, resulting in a significant reduction in the average number of days outstanding for accounts receivable. This improvement positively impacted cash flow and liquidity, enhancing the financial health of the organization.2. Optimized Accounts Payable Processes, Resulting in Cost Savings3. Resolved Audit Issues with 0% audit Findings

Calicut Area, India

1. Transformed Internal Audit Processes: Implemented a robust internal audit framework across 40 branches, 2 factories, and head office, ensuring meticulous supervision and governance. Elevated the quality of audit management, resulting in factual reporting and precise identification of operational loopholes. This transformation earned commendation from the CEO for enhancing the company's governance and operational efficiency.2.Revenue Protection and Cost Savings: Spearheaded initiatives to identify revenue leakages during audits, presenting comprehensive reports and executive summaries to the CEO. Proactively recommended measures to mitigate risks and prevent future revenue losses. These strategic interventions not only safeguarded the company's finances but also contributed to substantial cost savings, directly impacting the bottom line.3. Statutory Compliance Leadership: Demonstrated exceptional leadership as a member of the GST study group, working closely with the CFO to ensure timely and accurate compliance with statutory regulations. Scrutinized various statutory remittances and filings, guaranteeing adherence to legal requirements and minimizing the company's exposure to penalties and legal risks. This proactive approach to compliance management bolstered the company's reputation for integrity and regulatory diligence.

Thiruvananthapuram Area, India

1. Audit Efficiency :Transformed audit processes, cutting time and costs while boosting accuracy.Introduced tools for sharper audits, delighting clients and saving resources.2. Team Leadership :Guided teams to excellence, fostering collaboration and skill development.Trained professionals to deliver top-notch service, driving client satisfaction and firm success.3. Client relationships:Cultivated strong client bonds, offering tailored solutions beyond audits.Generated substantial revenue growth through client trust and innovative services

Palghat Area, India

Hands on experience in VAT audit, Revenue audit of banks, Internal audit of big companies like BEML etc, finalising accounts, Preparing financial statements of various clients, income tax auditImbibed knowledge and expertise in both manual and computerized accounting assignmentsHandled day today administrative and clerical work including file management under supervision

Chennai Area, India

I had joined here for my articleship as per the CA curriculum.I had gained exposure in basics of audit and taxation.I had managed the personal income tax return filing for a majority of clientsExposure in preparing books of accounts and financial statements

Chennai Area, India

I started my career as an accountant with responsibility to prepare books of accounts and relevant reports as requested by the management as well as performing related reconciliations

Ca Intermediate Level, Accounting And Finance

Mba Finance, Financial Management

B.Com, Business/Commerce, General