SRIKAR CHALLAPALLI

Finance & Accounts Manager

Finance & Accounts Manager with 21+ years leading end-to-end finance operations across BPO, Hospitality, Manufacturing, and Telecom sectors. Expert in managing P2P, O2C, R2R cycles, driving process improvements and delivering audit-ready financials with 100% compliance. Seeking to leverage deep domain expertise and leadership in finance management roles.

Hyderabad, Telangana
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Languages
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Skills
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Certifications
Work Experience
Finance & Accounts Manager
Prism Hospitality Services
Jan 2021 — PresentCurrentHyderabad
  • Lead end-to-end P2P cycle managing invoice processing team with 99.5% accuracy for 500+ monthly invoices
  • Reduced invoice processing TAT from 48 to 24 hours by implementing invoice tracking and daily huddles
  • Managed O2C cycle including customer master, invoicing, cash applications, collections, reducing AR aging over 90 days by 25%
  • Owned month-end R2R activities, balance sheet reconciliation, fixed assets, and financial statement preparation
  • Ensured 100% on-time GST, TDS filings and zero audit qualifications through diligent compliance
Manager – Finance & Accounts
Iclean Hollow Metal Profiles Pvt. Ltd.
Aug 2018 — Jan 2021
  • Managed accounting operations for manufacturing unit, improving month-end close to 3 working days
  • Performed cash management including treasury, fund transfers, and bank guarantee oversight
  • Implemented AP process SOPs reducing month-end close by 2 days
  • Processed payroll for 100+ employees with full compliance
  • Handled external reporting including VAT returns and Form 1099 for US vendors
Manager – Finance & Accounts
Iclean Hollow Metal Profiles Pvt. Ltd. (Manufacturing)
Aug 2018 — Jan 2021
  • Managed complete accounting operations for manufacturing unit - raw material accounting, WIP, finished goods, and inventory valuation.
  • Responsible for timely and accurate financial processing, month-end close in 3 working days, and balance sheet reconciliation.
  • Cash Management & Treasury: Performing daily fund transfers, managing working capital, monitoring CC limit, Letter of Credit (LC), and Bank Guarantee (BG) management.
  • P2P: Setup and monitoring of vendor master file, processing of high-volume invoices, vendor payments, and vendor reconciliations.
  • Compliance: External regulatory reporting including Form 1099 for US vendors, DADS2 for France payroll, VAT returns for overseas transactions, and other special processes like escheatment (unclaimed vendor/customer checks).
  • Record Retention: Maintained proper filing system for all finance documents as per statutory requirements (7 years), ensuring easy retrieval for audits.
  • Process: Implemented SOP for AP and payment process, reduced month-end close time by 2 days.
  • Payroll: Processing monthly payroll for 100+ employees, ensuring timely salary credit and compliance with PF, ESI, PT.
Assistant Manager – Finance
Pyro Telecom Solutions Pvt. Ltd.
Jan 2013 — Aug 2018
  • Led reconciliation team managing AP, AR, and GL reconciliations
  • Performed daily and monthly account reconciliations and rectification journal entries
  • Prepared monthly MIS reports including P&L vs Budget, vendor and customer aging
  • Managed bank reconciliations and month-end closing activities
Assistant Manager – Finance
Genpact Indian
Mar 2012 — Dec 2012
  • Managed P2P process overseeing 8-member team ensuring 98% invoice accuracy and SLA adherence
  • Led O2C cycle activities reducing DSO and improving collection efficiency
  • Handled R2R process securing 100% Balance Sheet reconciliation by WD-3 and audit compliance
Senior Accounts Executive – Finance
PYRO NETWORKS
Jan 2009 — May 2012
  • Maintained books of accounts independently
  • Prepared aged analysis of receivables and payables
  • Conducted debtor and creditor ledger reconciliations
Accounts Executive – Finance
SIEMENS BUILDING TECHNOLOGIES PVT LTD
Apr 2008 — Jan 2009
  • Maintained books of accounts independently
  • Prepared aged analysis of receivables and payables
  • Conducted debtor and creditor ledger reconciliations
Accounts Executive – Finance
ANALOGICS TECH INDIA LIMITED
Aug 2005 — Apr 2008
  • Maintained books of accounts independently
  • Prepared aged analysis of receivables and payables
  • Conducted debtor and creditor ledger reconciliations
Skills
Domain: P2P (Procure to Pay), O2C (Order to Cash), R2R (Record to Report), General Ledger (GL), Fixed Assets, Bank ReconciliationAP - Accounts Payable: Invoice Processing (Non-EDI), 2-way/3-way Matching, Vendor Master Management, Payment Proposals (Manual, ACH, Wire), Helpdesk & Query Resolution, Vendor Reconciliation, GR/IR Reconciliation, Duplicate Check, T&E AuditAR - Accounts Receivable: Customer Master Setup, Billing & Invoicing, Cash Applications, Collections & Dunning, Credit Management, Customer Reconciliation, Dispute & Deduction Management, AR Aging AnalysisGL - General Ledger (R2R): Journal Entries (Accrual, Prepaid, Provision), Month-End Close, Year-End Close, Balance Sheet Reconciliation, P&L Analysis, Intercompany Reconciliation, Fixed Assets & Depreciation, Blackline ReconciliationStatutory Compliance (India): GSTR-1 & GSTR-3B Monthly Returns and Payment, GSTR-2A/2B Reconciliation, TDS Monthly Payment (24Q, 26Q, 27Q), TDS Quarterly Returns Filing (Form 24Q, 26Q, 27Q & 27EQ), PF, ESI, PT, Income Tax, GST AuditsERP & Tools: Tally ERP 9, MS Excel (Advanced - VLOOKUP, HLOOKUP, Pivot Table), MS Office, Document Management System (DMS)BPO Metrics: SLA Management, KPI Tracking, FTE Utilization, Productivity Improvement, Quality Audits, SOP & DTP Preparation, Client Reporting & Governance CallsERP: Tally ERP 9 (Expert), Document Management SystemAccounting: AP, AR, GL, FA, BRS, MIS, Budgeting, Cash FlowCompliance Tools: GST Portal, NSDL (TDS), TRACES, PF/ESI PortalMS Office: Advanced Excel (VLOOKUP, Pivot Table, HLOOKUP, SUMIFS, MIS Dashboards), Word, PowerPoint, OutlookOther: SOP Preparation, DTP Documentation, Client Governance, Transition Support
Education
Master of Commerce
Osmania University
Bachelor of Commerce
Sai Sudheer Degree College, Osmania University
Certifications
Certified in Tally ERP 9 – Advanced Accounting, Inventory, GST, TDS
Hands-on Training: Oracle ERP R12 (P2P, O2C, GL modules)
Languages
English
Fluent
Hindi
Fluent
Telugu
Fluent
STATUTORY COMPLIANCE SUMMARY - INDIA
GSTR-1 (Monthly)

Outward supply details filing, HSN summary, B2B/B2C reconciliation, filing by 11th

GSTR-3B (Monthly)

ITC reconciliation with 2A/2B, tax liability calc, challan payment, filing by 20th

GSTR-2A/2B Recon (Monthly)

Vendor-wise ITC matching, follow-up for mismatch, ensuring eligible ITC

TDS Payment (Monthly)

TDS calc for 94C,94J,94I,192B etc., NSDL challan payment by 7th

TDS Returns 24Q/26Q/27Q (Quarterly)

Data prep, RPU validation, FVU generation, filing & Form 16/16A issuance

PF/ESI/PT (Monthly)

Payroll compliance, challan payment, returns filing

KEY ACHIEVEMENTS & STRENGTHS
Successfully managed finance operations for 3 different industries (Hospitality, BPO, Manufacturing, Telecom) with team size up to 8.
Achieved 100% on-time statutory filings (GSTR-1, GSTR-3B, TDS) for last 3 years with zero late fees/penalties.
Ensured successful GST, Internal & External Statutory audits with zero major observations - appreciated by management.
Reduced invoice processing TAT by 50% and improved payment accuracy to 99.5% through process streamlining.
Strong analytical, problem-solving, interpersonal, and communication skills; ability to manage multiple teams and tasks under tight deadlines.
Detail-oriented, self-motivated, and ability to function independently while ensuring client happiness and SLA adherence.
PERSONAL DETAILS
Full Name

Srikar Challapalli

Place

Hyderabad, Telangana

Languages Known

English, Hindi, Telugu

Hobbies

Playing Chess, Badminton, Cricket

Notice Period

30 Days (Negotiable)

Willing to Relocate

Yes

Declaration

I hereby declare that the information furnished above is true to the best of my knowledge.

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