VIJAYA BHASKAR SARMA

22-68, 2nd Street, 6th Cross

Jyothi Nagar, Vedayapalem, Nellore.AP
Ph: +919703869061
E.Mail: vijay_8102@yahoo.co.in

MBA (Finance) with 12+ Years Experience in Finance and Accounts

PERSONAL PROFILE

• Self motivated and organized individual with strong communication, entrepreneurial, problem-solving, and
quantitative skills; a rigorous work ethic; and a genuine interest in Finance with Professional experience.
• Meticulous, bilingual Professional with extensive experience in manufacturing, trading and service
industry. Audit portfolio includes private and publicly held companies in diverse industries,
including banking and manufacturing.
• Technically proficient in ERP Oracle E-Business Suite - Financial Modules in AP, AR, GL &
Purchasing User, MS Excel with good analytical and numerical skills/ Word and the. And Well
Experience in working Tally. Working with SAP Team, Implementing SAP Fi-Co, working in
SAP Environment.
• Strong team –working and multi tasking skills, successfully completes projects within time &
budget constraints.

PROFESSIONAL EXPERIENCE
Delta Wilmar CIS Ltd, Alfa Trading Limited, Almaty, KZ 2008 May till date
& Krishnapatnam Oils & Fats Pvt Ltd (Adani Wilmar Ltd), Hyderabad & Nellore.
Delta Wilmar CIS was formed in December 2004 in Ukraine to cater to the edible oil and fat needs of the CIS
market. It has set up a palm oil refinery of 1500 mt/day capacity at Yuzhny in Odessa region, Ukraine wherein
it refines the crude palm oil into RBD palm oil and a 300 mt/day capacity of packed oil products. Wilmar
International is one of the largest global players in the edible oil sector. The company was founded 15
years by Martua Sitorus from Indonesia and Kuok Khoon Hong from Malaysia. Now Wilmar is listed on
the Singapore stock exchange and is one of the largest players in the Southeast Asian oil palm sector with
an annual turnover of US$ 5.3 billion.
Finance Manager/Asst Manager
Working towards the implementation of Branch Accounts and training for the people working in the
accounts department in submitting the Management Reports on periodical basis. And sorted out the
issues pending with the local Republic of Kazakhstan and their Tax committees.

 Finalization of Monthly Accounts. Responsible for Monthly P & L, Balance Sheet and schedules
 Inventory Control and Stock Valuation. Preparing half-yearly budgets and Review.
 Credit Control, Monitoring of A/c Receivables and follow up and setting up of Credit Limits in
co-ordination with the marketing deptt.,
 Controlling the Accounts Payable and Accounts Receivable function.
 Supervise the filing of VAT returns and VAT refund claims.
 Banking, Treasury, Liaison with banks and fund management.
 Development of Annual Business Plans, Budgets and MIS in co-ordination with other functional
heads.
 Supervise Financial Operational matters and team of accounting staff & ensure compliance with
all accounting, tax, statutory and regulatory requirements.

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  Liaising with external Auditors and Tax agents.
 Capitalization. GL Review, BRS, Cashflow, Vendor Payments, Vendor Acct Reconciliations.
 Receipts, Customer Accts Reconciliations.
 Tds Payments, Filing Qtrly Tds Returns.
 Preparing documents for Forex payments, well versed in treasury operations.
 Preparing CWIP Statements, Capitalization. Knowledge in preparing FFR-1 & FFR-2.

Visaka Industries Limited, Corporate Office, Secunderabad. June 2005 – Apr 2008
AP, India.
Business: Visaka Industries Limited, it’s a Group of company manufacture of Asbestos Cement Sheet
Products, Synthetics Blended Yarn & Garments. It has its operations spread across India and several
countries.
Accounts Officer
 Working for the Garments Manufacturing (100% EOU) Plant Capitalization during the year
2005. Capitalization of “V” Boards Project operations during the year 2007 for the at
Miryalaguda. AP .
 Coordinated with statutory audit team to complete the Quarter ending audit.
 Preparation of Statements for the Month end closure, Reconciliation of sub-ledger balances with
the GL, Reconciliation of Accrual Accounts.
 Booking the supplier invoices in ERP module Payable user, 3 way Matching concept rules.
(GRN with the Original Invoice and Purchase Order).
 Vender Account Reconciliations, updating TIN numbers, PAN Numbers while creating the
vendors at site level using the ERP Module Purchasing User.
 Verification of Purchase Order delivery terms and payment terms and matching rules and GL
Account verifications.
 Preparing the Purchase Register on monthly basis to calculate VAT input claimed and unclaimed
entries to help in submitting VAT monthly return to the Sales Tax Department.
 Take out the Trial Balance monthly and Groupings from General Ledger to Prepare Schedules
and Profit and Loss Account and Balance Sheet.
 Through knowledge of all aspects related to Imports, preparing necessary documents to the
bankers to send foreign TT payments and DD’s to the vendors. Opening L.C’s towards imports
of Raw Material from the foreign vendors.
 TDS deductions on vendor bills. Giving Advances (prepayments) to the creditors as per the
terms of the purchase order. And application of the prepayment with the Invoices received from
the suppliers.
 Raising funds for projects and working capital. Should have participated in raising funds for
projects and working capital from banks, financial institutions.
 Coordinating with Factory Stores people for GRN’s, matching the unaccounted invoices and
transactions for processing of supplier payments in time.

GL Accounting: (General Ledger) Oracle 11i GL

 System Setup including COA design
 Posting Journal Vouchers, G.L Review, Summary Trial Balance Review, Sub Acct Trial Balance,
Verification of each GL Account, Drill down to verify vouchers etc., FSG Statements etc.
 Creating Journals, posting the journals and reversing the journals for provisional outstanding liabilities.
 Submitting GL sub account Trial Balance request to verify period activity operations.
 Run GL sub account condensed detail report to verify each GL Account, that are entries posted from all the
modules.

Purchasing User: Oracle 11i

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  Verification of PO Notification Summary for the GL Account Approval for the Purchase Orders Raised
by the Stores / Purchase Department.
 Checking GRN’s value, qty and taxes through Receipts Localization.
 Checking Vat claimed / un claimed entries, posting vat manual entries.

Sales Accounting: Oracle 11i AR (Accounts Receivables):

 Transactions: Invoice/Debit Memo/Credit Memo.
 Entering Receipts: Cash/Misc.,

RC All-Tech Power Systems Pvt Ltd, Hyderabad June 1998 - 2005

A.P ( India).
Business: RC All-Tech Power Systems Pvt Ltd, Hyderabad is one of the ISO 9001 Certified company,
they are into Manufacturing of on-line / off-line UPS Systems & Digital Invertors and 24hr service after
sales.
 Directed activities of five staff members in the general ledger department.
 Facilitated communication with the Internal and external auditors.
 Refined operational controls in the management reporting process.
 Examined Journal vouchers, sub ledger reconciliation’s with the GL balances, and numerous
analyses including P & L variance, and aging.
 Generated monthly close of financial statements; prepared management reports concerning
purchases, sales, and inventory.
 Prepared submission of monthly Sales Tax / Central Excise / Professional Tax returns.
 Comparison of monthly Income Statements and Cash Flow Statements with the Budgets &
analysis of variances.
 Prepared submission of Quarterly Service Tax & Half-Yearly ESI Returns.
 Assumed responsibility for resolving outstanding balance sheet items, including payroll-related
accounts, suspense & accruals, and purchase reports on long outstanding orders; established more
effective internal controls.

Articles Trainee Apr 1992 - 1996

 Joined as CA “Articles Trainee” with A.L.Narasimhan & Co., T.Nagar, Chennai.

 Audit of Financial Institutions i.e., SBI, Indian Bank, Indian Overseas Bank. Joining in Corporate
Internal Audits, verify vouchers, bills, stock verification.
 Preparing Income-Tax Returns for the clients.

LANGUAGES KNOWN: English, Hindi, Telugu, Tamil, and Russian.

E D U C A T I O N:

B.COM. (Accountancy, Costing & Income Tax as Main Subjects) from Andhra University,
VIZAG, ANDHRA PRADESH, INDIA.
M.B.A (Finance) from Alagappa University, Karaikudi, Tamilnadu, India.

TECHNICAL SKILLS:

• ERP : Oracle Financials Re. 11i (11.5.9, 11.5.10, 11.5.10.2) General Ledger,
Accounts Payables, Accounts Receivable, Purchasing, Etc.,

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• Type writing Higher Grade in English in the year 1990 from the State Board
of Technical Education, Govt. of A.P.