Sripathi Bayari

Experience

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  Holla&Associates

  Jan 1991 - Dec 1993

  Accounts Assistants

  - Led the finalisation of annual accounts for diverse trading houses and manufacturing companies in the Retail sector, ensuring meticulous reconciliation of critical accounts and compliance with Government Rules and regulations.- Streamlined financial reporting processes by preparing monthly Flash Reports, P&L Accounts, and accompanying schedules. Submitted timely reports to sales tax and central exercise offices, managing monthly tax payments with a focus on accuracy.- Delivered timely and reliable operational and financial reports to business proprietors and department managers, representing clients in Sales Tax Assessments. Facilitated smooth Annual Income Tax Filing and Sales Tax Filing post-audit approval.- Maintained a vigilant approach to compliance, recommending procedural changes as needed. Ensured financial records aligned with government regulations, fostering a culture of adherence within the organisation.- Spearheaded the preparation of Annual Financial Reports in alignment with Audit Requirements, showcasing a commitment to precision and accountability in financial management. Show less

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  Devi & Company - Bangalore stock exchange member

  Oct 1994 - Mar 1997

  Finance Account Officer & Trading Assistant

  - Managed company finances, accounts, audits, and P&L performance in compliance with Accounting Standards. Oversaw annual accounts finalisation and coordinated with auditors for annual audits, ensuring adherence to company reporting rules.- Implemented robust internal controls, systems, and procedures. Monitored trade receivables/payables, established credit limits, and optimized credit and collection processes, enhancing overall collection productivity.- Monitored share market fluctuations, providing strategic advice to the management on optimal liquidation timing for short-term investments. Contributed to informed decision-making regarding investment activities.- Effectively managed banking, cash flow, and funds flow, ensuring seamless financial operations. Maintained compliance with taxation and insurance requirements, contributing to overall financial stability.- Controlled trading activities by reconciling exchange settlement statements with every settlement, adhering to exchange rules and regulations.- Provided leadership in the overall management of financial and accounting functions within the stock brokerage firm, reporting directly to the Managing Director. Show less

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  Al Mustaneer Group of companies

  Apr 1997 - Jul 2006

  Accounts Manager

  - Led the preparation of detailed reports, schedules, and statements, utilizing the company accounting system to provide reliable operational and financial insights to management.- Monitored subordinates' work procedures, ensuring accuracy, efficiency, and adherence to standards in the interpretation of work procedures.- Proactively participated in the preparation of interim and annual financial statements and reports, collaborating with Auditors for successful Annual Audits.- Executed revenue projections and expense management, identifying and addressing anticipated problem areas to enhance financial performance.- Managed company banking facilities, optimising Trust Receipts, Letters of Credit, Draft Facilities, and Local Bill discounting, fostering favourable relationships with banks and achieving renewed lending terms. Show less

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  Emerson

  Aug 2006 - now

  - Leading the complete finance and accounting functions for a Business Unit, achieving seamless operations and timely financial reporting.- Completion of monthly P&L, Variance Analysis, Sales, Orders, and Backlog Flash Reporting along with the preparation and submission of Financial Actuals and POR Reports.- Handling Annual budgeting, MIS Reports, Quarterly, and Annual Reports, meeting Financial Reporting schedules and directly reporting to the Senior Managers.- Achieved the preparation and submission of Business Analysis Reports to the Europe office, US Office, and ME Group office.- Lead the implementation of new Procedures and Systems, ensuring effective Working Capital Management, Cash/funds flow management, Internal Controls, and efficient Banking operations.- Lead the responsibility for Trade Finance, including handling Letters of Credit, CAD documents, and Bank guarantees.- Supervision of Accounts Payable Management, including monthly reconciliation of Inter-company supplier accounts and third-party supplier’s accounts- Supervision of Stock Control, conducting monthly analysis, and variance analysis, and overseeing the annual physical stock counting, Show less

  • Financial Analyst

    Oct 2017 - now

  • Senior Accountant

    Aug 2006 - Oct 2017