Karthik Vemula

Experience

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  RSR Associates

  Apr 2005 - Sept 2007

  Audit Assistant

  As a beginner I learnt the basics of book keeping and also to filling and filing income tax returns with the income tax authorities in India. I also spent most of the time doing the vouching job. Vouching cash and trading transactions, verification of general ledger and impersonal ledger verification and valuation of stock and other assets and liabilities, verification of depreciation provision reserves and dividends.• Maintain books of accounts of companies and firms in Tally7.2.• Preparing financial statements and expected balance sheet.• Computation of income statements and advance taxes.• Filing of returns of an individual. Show less

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  Axs Online Pvt ltd

  Oct 2007 - Mar 2013

  Junior Accountant

  Axs Online Pvt.Ltd is a provider of bookkeeping, accounting and tax preparation services to US, UK, Australia, Canada and etc.,As an Junior Accountant, I am handling individual clients in Axs Online Pvt. Ltd.Key Result Areas:• Processed AR/AP Invoices in Quick Books and deposit & receipt details in QB• Prepared Bank Reconciliation Statements, posted payroll entries and generated Payroll Reconciliation Reports• Maintained and reconciled accounts as well as prepared reports and recorded various intercompany transactions • Extended support in payroll processing including generation of pay slips using Sage Payroll software• Executed GL review for all clients and prepared daily work schedules• Imparted training to new joinees for working on SAGE and QB softwareHighlight:• Prepared client procedure manuals for various clients Show less

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  Amicorp Management India Private Ltd

  Apr 2013 - Feb 2018

  Key Result Areas:• Performing general ledger review along with other financial statements • Review the Accruals and prepayments accounts and passing necessary Journals where ever require for monthly accounting clients.• Summarizing current financial status by collecting information and preparing the Balance Sheet & P&L Statement• Ensuring compliance of all the rules, policies & procedures as per statutory & regulatory requirements • Supporting payroll processing encompassing preparation of salary structure and computation of income of companies• Managing assigned portfolio and multicurrency accounts for various countries• Drafting financial statements in compliance to jurisdictional requirement of Malta, IFRS and rules of other regions like UK, BVI and Curacao regions• Supporting internal and client accounting; adhering to accounting controls by following policies and procedures in compliance with legal and regulatory requirements• Managing clients’ portfolio of accounts and ensuring the accuracy of accounts • Verifying bank transactions of clients; managing internal accounts for Dubai and Malta• Directing day-to-day activities related to accounts receivables & accounts payables• Closing accounts and reconciling financial discrepancies by collecting & analysing account information• Preparing budgets, reviewing budgetary proposals and creating supporting documentation • Monitoring preparation of reports summarizing the client’s business activities and financial position• Generating MIS reports for review by senior management • Supporting management in risk identification and mitigation • Supervising the effective completion of internal, statutory and external audits by providing answers to auditors• Updating ISO files and coordinating with Accounts Managers & Relationship Managers for tracking progress • Conducting variance analysis to determine difference between projected & actual results and implementing corrective actions Show less

  • Senior Officer - Finance and Accounting

    Jan 2016 - Feb 2018

  • Officer - Finance and Accounting

    Apr 2013 - Dec 2015
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  AAA ADVISORS - Outsourcing

  Mar 2018 - now

  Professional Freelancer

  We Providing Accounting Outsourcing Services.Our Services to Overseas:Bookkeeping (AR, AP, Bank Reconciliation, GL)Accounting,Payroll Processing,Management Accounts,Budgeting,Financial Statements,Incorporations with help of Close associates,Our Services to Indian Clients:All Services mentioned in Overseas,New Business Setup Advisory Corporate compliance,Financial Services like Dmat Account Trading Account Insurance Services Show less