VENKAT ANOOP KUMAR JELLA

Financial Reporting and Analysis:

• Prepare and generate comprehensive financial reports, including monthly, quarterly, and annual financial statements.
• Conduct detailed financial analysis to provide insights into the company’s performance and identify areas for improvement.
• Prepare and present financial reports such as BAS, Profit and Loss Statements, Balance Sheets, other statutory financial reports.

Budgeting and Forecasting:

• Develop and manage the budgeting process, ensuring alignment with the strategic goals of the companies.
• Prepare cash flow statements and forecasts to analyze liquidity and solvency.
• Conduct cost analysis and allocate incurred costs accordingly.
• Prepared Monthly, Quarterly, and Annual Budgets and produced all reports includes Expenditure, revenue, Depreciation, payroll , Superannuation, inventory variation, Lost sales and tax expense reports and forecasted them with ongoing business operations held in both Wholesale & Retail
• Interpret and analyze business operations, revenues and expenditure in accordance with budgetary policies, to provide financial planning advice

Statutory Compliance and Liaison:

• Assisting compliance with all statutory obligations, including BAS and taxation requirement
• Liaise with external tax agents, to facilitate the timely and accurate lodgment of tax returns.
• Authorize and manage communication with the Australian Taxation Office, ASIC, and other regulatory bodies.

Quarterly Financial Meetings:

• Organize and lead quarterly financial meetings with senior management to review financial performance, discuss strategic goals, and address any financial concerns.
• Present financial insights and recommendations to support decision-making processes.

Payroll Management:

• Oversee the processing of payroll on a weekly basis, including handling terminations, onboarding new employees, and managing superannuation entitlements.
• Ensure compliance with all contractual requirements related to payroll.

Supplier and Customer Payments:

• Ensure adequate and appropriate day-to-day management of suppliers and customer payments.
• Conduct daily reconciliation of bank statements and accounts for suppliers and customers.

Internal Controls and Policies:

• Develop and monitor internal control systems by establishing policies and procedures across all workshops.
• Work on system integrations and develop business structures to enhance efficiency.
• Manage & develop Costar ERP Integrations (Microhouse) , Installation ,Setup all financial Requirements for New Stores.

Inventory and Cost Management:

• Manage inventory, scrutinize for quarterly Inventory audits, and maintain relationships with sea freight and import agencies.
• Generate and maintain inbound shipping documents, ensuring accurate procurement processes.
• Determine Cost of Goods purchase from overseas , Selling Prices across all Wholesale & Retail Stores

Liaison and Communication:

• Proactively respond to internal staff queries and build professional relationships across departments.
• Coordinate with various stakeholders, including suppliers, customers, and external tax agents, to ensure smooth financial operations.

Audit and Compliance:

• Oversee internal audits and assist in the preparation of annual financial statements.
• Ensure compliance with internal policies and external regulations through regular review and updates of financial practices.