Lalith Kumar Badakunchala
TORONTO,ON
Summary
Accounting and finance professional with solid experience in financial analysis, budgeting, and data management. Known for strong teamwork and adaptability, ensuring reliable performance and effective collaboration. Skilled in financial reporting, problem-solving, and utilizing accounting software to drive successful outcomes. Prepared to contribute to organizational goals with focus on precision and efficiency.
Overview
6
6
years of professional experience
Work History
Accounting and Finance Intern
FinanTech Consulting
05.2025 - Current
- Maintained confidentiality when handling sensitive financial information, adhering to ethical guidelines set forth by the company''s policies.
- Assisted with account reviews and preparation for account reviews.
- Supported senior finance team members with ad-hoc projects as needed, demonstrating flexibility and adaptability in a fast-paced work environment.
- Supported annual audit process through meticulous organization and review of financial documents, facilitating a smooth auditing experience.
- Delivered cloud-based bookkeeping and accounting services for small and medium-sized clients.
- Assisted with accounts payable and receivable reporting, payroll setup, and bank reconciliations.
- Supported tax planning and corporate finance structuring.
- Prepared documentation and reports for monthly close and budget reviews using QuickBooks, and other platforms.
Accounts Officer
Powermech Projects Limited
10.2021 - 02.2023
- Receive, verify and process all invoices which are po and non-po and ensure transactions are correctly recorded.
- Accruing recurring monthly invoices booking of prepaid expenses for monthly rentals.
- Maintain and reconcile General Ledger accounts and preparing Reconciliation Statements.
- Maintaining cash book, bank pass book, petty cash & emanating cash expenses to staff.
- Review / Preparation of daily Journal Vouchers for all expenses with all supporting documents and keeping up to date record of all accounting transactions, Ensure, accurate and appropriate recording and analysis of establishment expenses.
- Process monthly payroll and maintain approved payroll records.
- On time Billing Invoices distributions & follow-ups for payments and reconciling monthly supplier statements and issue of payments, dealing with supplier inquiries, keeping customer's accounts.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Input vendor payments and updated accounts to reflect new balances. Crosschecked audit files with associated documentation to ensure appropriate levels of supporting evidence.
- Reviewed financial statements and Reporting packs in detail to identify discrepancies.
Accounts officer
Krs Erectors Private Limited
08.2020 - 09.2021
- Receive, verify and process all invoices which are po and non-po and ensure transactions are correctly recorded.
- Accruing recurring monthly invoices booking of prepaid expenses for monthly rentals.
- Maintain and reconcile General Ledger accounts and preparing Reconciliation Statements.
- Maintaining cash book, bank pass book, petty cash & emanating cash expenses to staff.
- Review / Preparation of daily Journal Vouchers for all expenses with all supporting documents and keeping up to date record of all accounting transactions, Ensure, accurate and appropriate recording and analysis of establishment expenses.
- Process monthly payroll and maintain approved payroll records.
- On time Billing Invoices distributions & follow-ups for payments and reconciling monthly supplier statements and issue of payments, dealing with supplier inquiries, keeping customer's accounts.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Input vendor payments and updated accounts to reflect new balances. Crosschecked audit files with associated documentation to ensure appropriate levels of supporting evidence.
- Reviewed financial statements and Reporting packs in detail to identify discrepancies.
Internship
P Surresh & Associates (Chartered Accountant Firm)
06.2019 - 07.2020
- Monitored status of accounts receivable and payable to facilitate prompt processing
- Set up and improved accounting systems and processes to meet business needs and maximize operational success
- Checked general ledger entries to increase accuracy, prevent significant errors and identify adjustments.
- Offered advice and direction to help clients better understand financial goals.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Communicated with suppliers to reconcile invoice payments.
- Balanced and submitted financial reports for review and approval.
- Maintained accurate and complete documentation to facilitate accounting and filing functions.
- Maintained accurate and complete documentation to facilitate Gst (Goods and service tax) filings and Income tax filing for clients.
- Built and maintained courteous and effective working relationships.
Education
Bachelor of Arts - Generals
Badruka College of Commerce And Arts
06-2016
Project Management
Canadore College
09-2024
Bookkeeping
Centennial College
05-2025
Skills
- AP/AR Process Management
- SAP FI end user
- Tally ERP
- Sage 300
- Bank & Cash Reconciliation
- General Ledger Accounting
- Financial Statements & Reporting
- Budgeting & Forecasting
- Audit Support & Compliance
- Invoice processing
- Internal auditing
- Microsoft Excel expertise
COMMUNICATION
English – Advanced
Professional Working
Telugu – Mastery
Full Professional
Hindi - Advanced
Professional Working
Timeline
Accounting and Finance Intern
FinanTech Consulting
05.2025 - Current
Accounts Officer
Powermech Projects Limited
10.2021 - 02.2023
Accounts officer
Krs Erectors Private Limited
08.2020 - 09.2021
Internship
P Surresh & Associates (Chartered Accountant Firm)
06.2019 - 07.2020
Bachelor of Arts - Generals
Badruka College of Commerce And Arts
Project Management
Canadore College
Bookkeeping
Centennial College
Disclaimer
I hereby declare that the information provided is true to the best of my knowledge and belief.
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