Durga Rao Bandaru is seeking a career opportunity where he can utilize his finance experience and skills. He has over 5 years of experience working in finance roles for ITC Limited and Vibha Seeds Group. His experience includes inventory management, excise and taxation compliance, financial reporting, and ensuring statutory compliance. He holds an MBA in Finance and Marketing and is pursuing the CMA qualification. He has strong skills in SAP, accounting packages, and Microsoft Office.

1. DURGA RAO BANDARU
House No: 9-1-224/A/4, Mobile:9966499379
Prasanth Nagar, E-mail: bandaru.durgarao1@gmail.com
Langar House, Golconda,
Hyderabad, India 500008.
Career Objective
To employ my knowledge and experience with the intention of securing a professional
career with opportunity for challenges and career advancement, while gaining knowledge of
new skills and expertise.
Experience
 Presently working with ITC Limited-Foods Division Hyderabad as a Finance
Executive. From Dec-2012 to till date.
Job Profile:
 Inventory Management
o Timely recording and updating all the receipts of RM/PM&FG
o Evaluating stock requirements, stock levels and highlighting deviations to
procurement and category finance for continuous production.
o Periodic physical verification of inventory to ensure no deviation between SAP and
actual, and make the necessary adjustments in system stock with physical stock.
o Periodical reconciliation of Stocks maintained at the CMU location
o Periodical reconciliation of Assets lying at the CMU location
o Maintaining the material wise shelf life details.
o Following and En suring the FIFO/FEMO inventory method in
RM/PMutilization.
o Maintaining the rejected stock reports and following up with vendor to lift the
materials on time, and return the stocks to vendors with necessary tax compliance.
o Preparation of invoice/ stock transfer notes for FG dispatches with necessary tax
compliance (waybill/permits).

2. o Maintenance of adequate records for statutory/audit purpose.

3.  Excise and Taxation
o Ensure excise compliance by CMU by regular monitoring of records.
o Verification of all vendors invoices with respect to contractual/PO terms. and passing
CENVAT & VAT entries
o Preparation of ITC monthly excise data in respect to submitting the plant excise
returns.
o Preparation of plant monthly VAT, CST returns data to submit respective state tax
coordinator on time.
o Reconciliation of VAT/Excise accounts with SAP and monthly Returns.
o Preparation of consolidated C-form & F-form data and submitting the form request.
o Issuing of C forms and F forms to vendors/ respective team on time.
o Preparation of cost audit certificate for in house manufacturing materials.
 MIS
o Preparation of RM/PM yield (utilization) and scrap reconciliations and reporting on
monthly basis.
o Handling the external audits (Finance, quality control and corporate audit) and prepare
the plant & systems to meet audit requirements and ensure to avoid audit NCs
o Ensure to maintain statutory compliance by CMU as per ITC requirements.
o Inviting competitive quotations form scrap, courier & cab vendors and preparation of
comparative statements for quotation finalization.
o Provide VAT and Excise details for audit
 Additional Experience
 Worked for Vibha Seeds Group, Hyderabad as a Finance Executive. From Jun-
2011 to Dec-2012
Job Profile:
o Preparation of Monthly wise TDS Payable Statements
o Filling of Regular and Revised Quarterly TDS Returns, Solve the TDS Related Queries
o Preparation and Calculation Service Tax GTA.
o Preparation of Employees income tax calculations.
o Maintain individual Income tax Reports,
o To manage statutory requirements i.e. Service Tax-GTA, VAT, TDS, Provident Fund,
Professional Tax and ESI etc.

4. o Preparation/generationof Form 16 & 16A.
o Preparation of Form 15CA for foreignRemittance
o Preparation and Posting of Journal Entries.
o Produced a variety of financial reports such as vendor wise ageing report and vendor
wise Invoice on hold report etc.
o Analyzed and reconcile Creditors ledger accounts and make necessary adjusting
entries.
o Preparation of Bank Reconciliation and Vendor Reconciliation Statements make
necessary adjusting entries.
o Assisted internal and external auditors in completing audits.
Additional Experience
 Worked as Accounts Assistant in Gland Pharma Limited, Hyderabad from Jun-
2008 to Sept-2009
Job Profile:
 Preparation of Purchase &Work orders.
 Maintaining Budget wise Reports,
 Getting quotations From Vendors.
 Preparation of Comparison Statements.
 Verification of the Invoices with Purchase Orders and IRC’s
 Coordination between Accounts and Stores Dept.
Academic Record
 Pursuing CMA (ICWA) INTER from The Institute of Cost Accountants of India
 MBA (Finance& Marketing) from Dr. C.S.N College of Management Studies,
Bhimavaramduring 2009-11.
 B.Comfrom Dr. C.S.N Degree & PG College, Andhra University during 2005-08.
 Intermediate(C.E.C) from A.K.C Junior college, Rajahmundry during 2002-04.
 SSC from Z.P.H. School Srungavruksham in 2002.
Technical Skills
 SAP (FICO, MM, SD modules) as end user.
 Accounting packages, (Tally ERP9.0 & Focus 5.5).
 P.G.D.C.A. (Post Graduate Diploma in computer Application)
 M S Office (Advance excel) , Typing Skills

5. Key Skills
 Quick Learner and adaptable
 Competent in performing duties.
 Ability to perform functions with accuracy.
 Hard working, self-confidence.
 Dedicated & Positive attitude towards the responsibilities.
Personal Profile
Name : Durga Rao Bandaru
Father’s Name : Satyanarayana
Date of Birth : 21st June 1986
Languages Known : Telugu, English, &Hindi.
Permanent Address : D-No: 3-135, KamathalaPalli, Dusanapudi Post,
VeeravasaramMandal, West Godavari Dist.-534243
Declaration
All the information furnished above is true to the best of my knowledge and belief.
Provided an opportunity to serve your organization, I would be grateful and perform the best
to prove my candidature
(B. DURGA RAO)