Laxmikanth Reddy
Scarborough,ON
Summary
Proven professional with a Master's degree in Business Management and eight years of hands-on experience in financial analysis, accounting, and process management. This includes two years of dedicated service within a Shipping & Logistics company, complemented by an additional two years of valuable experience in the Customer Service and Retail industry. Eager to pursue a challenging role in a dynamic organization where I can leverage my diverse skill set and expertise to make meaningful contributions.
Overview
12
12
years of professional experience
Work History
Restaurant Co-founder and Manager
Hunger Buddies Resto café
Hyderabad, India
12.2022 - 12.2023
- As one of the partners and Co-founder I was the driving force behind the development and execution of the restaurant's business plan, including market analysis, competitive positioning, and financial forecasting
- Oversaw day-to-day restaurant operations, ensuring a seamless and efficient workflow
- Implemented cost-control measures to improve the restaurant's bottom line while maintaining high-quality standards
- Developed and implemented standard operating procedures (SOPs) for various aspects of the business, such as kitchen management, inventory control, and customer service
- Established and maintained high-quality standards for food preparation, presentation, and service
- Conducted regular quality inspections and implemented corrective actions as necessary
- Developed strong relationships with suppliers to ensure a consistent and high-quality supply of ingredients
- Coordinated with local authorities to obtain necessary permits and licenses.
Financial Analyst – Record to report
Accenture
Bangalore, Karnataka
12.2021 - 12.2022
- Maintain and reconcile the general ledger accounts
- Ensure accuracy and completeness of financial transactions recorded in the general ledger
- Coordinate and participate in the month-end and year-end closing processes
- Perform necessary journal entries and adjustments to close the books
- Prepare financial statements, including income statements, balance sheets and cash flow statements
- Generate management reports and provide insights into financial performance
- Reconcile various accounts, such as bank accounts, intercompany accounts, and other balance sheet items
- Investigate and resolve any discrepancies or variances
- Analyze financial data to identify trends, and areas for improvement
- Provide commentary on financial results and variances
- Ensure compliance with accounting standards, company policies, and regulatory requirements
- Implement and maintain internal controls to safeguard financial information
- Assist in the preparation for internal and external audits
- Provide documentation and explanations for auditors as needed
- Identify opportunities to streamline and improve the efficiency of the Record to Report process
- Implement best practices and recommend process enhancements.
Process Specialist
Cognizant Technology Solutions
Hyderabad, India
12.2018 - 11.2021
- Booking Accrual entries during month end closing
- Researching and analyzing the open items and resolving them on time
- Performing P&L analysis and conducting a weekly call with the client on open items, issues and resolution
- Performing Bank reconciliation, Balance sheet accounts reconciliations, preparation of monthly reconciliation reports and sending them to the business
- Preparation of SOPs based on new activities and keep updating existing SOPs based on process changes
- Actively Participating in Month-end and year-end closing process.
Accountant
Conxion Logistics and Heavy Equipment’s
Doha, Qatar
10.2015 - 01.2018
- Booking Journal Entries, accrual entries of operating expenses
- Employee advances and expenses booking, and final settlements of employees Accounts
- Calculating Local trip allowances and monthly allowances and processing the payments to Drivers and Operators
- Processing Vendor Payments, Reconciliation of supplier (A.P) accounts
- Worked on Accounts Receivables, Reconciliation of customer (A.R) accounts
- Purchasing Spare parts and other materials for Operational needs.
Process Associate
Genpact
Hyderabad, India
04.2014 - 09.2015
- Month-end and year-end closing, booking accrual entries of prepaid and operating expenses
- Performing Bank reconciliation and Balance sheet accounts reconciliations
- Monthly expense variance analysis
- Ensure accuracy of financial statements and compliance to internal policies
- Oracle R12 implementation team member.
Store In-Charge
Titan Eye
Hyderabad, India
10.2011 - 11.2013
- Ensure a high standard of customer service by training staff in effective customer interactions
- Address and resolve customer concerns or issues promptly and professionally
- Ensure staff are well-trained in optical dispensing, including accurate prescription interpretation, frame selection, lens options, and fitting
- Oversee the provision of eye care services, including vision testing and other diagnostic procedures
- Oversee inventory control, including ordering and restocking eyeglasses, contact lenses, and other eye care products
- Manage day-to-day operations, including opening and closing procedures, scheduling, and adherence to company policies
- Ensure the store is clean, organized, and presents a positive and professional environment for customers.
Education
Master's degree in Business Management -
Jawaharlal Nehru Technological University
08.2011
Bachelor’s in Accounting -
Dr BR Ambedkar university
05.2008
Skills
- Financial reporting, Accounting, Financial Analysis, Journal Entries, Record to Report, General Ledger Accounting, Accounts payable
- General Ledger Reconciliation, Bank Account Reconciliation, Balance Sheet Account Reconciliation
- Office Management, Retail Store Management, Customer Relations, Restaurant Management
- SAP ERP, Oracle R12 ERP, Microsoft Dynamix AX, Cognos, Microsoft Excel, Blackline Reconciliation tool Fleet Management software
Accomplishments
- Honored with the Game Changer Award for exemplary performance in successfully transitioning a process remotely for a Canadian client.
Timeline
Restaurant Co-founder and Manager
Hunger Buddies Resto café
12.2022 - 12.2023
Financial Analyst – Record to report
Accenture
12.2021 - 12.2022
Process Specialist
Cognizant Technology Solutions
12.2018 - 11.2021
Accountant
Conxion Logistics and Heavy Equipment’s
10.2015 - 01.2018
Process Associate
Genpact
04.2014 - 09.2015
Store In-Charge
Titan Eye
10.2011 - 11.2013
Master's degree in Business Management -
Jawaharlal Nehru Technological University
Bachelor’s in Accounting -
Dr BR Ambedkar university
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