KONJETI MADHU SUDHANA RAO has over 30 years of experience in finance, accounting, taxation, auditing and fund management. He has worked in leadership roles at large companies like The India Cements Ltd. Most recently, he was the Joint General Manager of Finance & Accounts at The India Cements Ltd., where he oversaw the finance departments of several plants and regions. He has expertise in areas like budgeting, cost control, compliance, and risk management. He holds a Chartered Accountancy degree and a law degree.
1. BASIC INFORMATION (Personal Dossier)
Name: KONJETI MADHU SUDHANA RAO
Experienced in: Finance & Accounts, Taxation & Auditing and Fund Management
E-Mail: kmadhu1961@outlook.com
Linked in Id: Please Mention
Phone: +91-9948969670, +91-8331822036
Address: 518, Gharonda Chamundeswari Apartments, Street No.23, Azamabad, Near VST Bus Stop,
Hyderabad - 20
Language known: English, Hindi
BACKGROUND (Career Contour)
Summary:
I am unwavering, meticulous, and highly competent Finance & Accounts, Taxation & Auditing and Fund Management. I
have consistent record of transporting best results driven work with a proven ability in implementing my work in
organized manner since XX years of my successful career. I expertise in- Budgeting & Cost Control, MIS Reporting,
Statutory Compliance, Secretarial Functions, Internal Control, Liaison & Coordination, System Development, Risk
Management, Team Management. I have in depth knowledge of all ethics of management. I possess effective
communication skills and am a team player with strong Organizational, Logical and Problem Solving Abilities.
I have a great exposure of working with large scale organizations like The India Cements Ltd., Circar Paper Mills
Limited, Aluminium Industries Ltd., Neeraj Engineering Industries Pvt. Ltd. I’m well versed skills in analysis, problem
solving and coordination which make me so successful and dedicated.
Demonstrated abilities in managing day-to-day operations in finance & accounting in coordination with internal / external
departments for smooth financial operations. Skilled in supervising preparation of MIS reports to provide feedback to top
management on financial performance, viz., fund management, credit control, administration, profitability, etc. Strong
influencing and negotiation skills coupled with proven ability to think in and out of the box, generating new solution.
I have commenced my profession as Accounts Manager and risen myself as Joint General Manager in reputed company.
I would like to see myself growing with passing years with hard work and dedication. I have been awarded many
accolades for my result oriented hard work.
Armed with multitude of competencies and work experiences, I am confident to carry forward any organization’s vision
&objectives with sufficient ease and dedication towards my job responsibility.
Experiences:
May’96 – Mar’16: The India Cements Ltd.
As Joint General Manager (Finance & Accounts); Reporting to President (Finance & Accounts)
Key Result Areas:
Accountable for:
o Planning, implementing & maintaining financial information systems along with associated internal controls; roll
out sound budgeting and MIS process
o Providing data & evaluating on return on capital employed on purchase of different equipment; highlighting
visibility on revenue v/s cost and negotiating with vendors & business teams
o Establishing strategic cost management systems / techniques for monitoring various overheads and achieving
maximum cost control in operations
o Formulating budgets and conducting variance analysis to determine difference between projected figures & actual
expenditure and implementing corrective actions
Formulated debtor and creditor policy and ensured full adherence to the same
Undertook activities related to:
o Building internal financial controls, direct & indirect tax compliance
2. o Payroll Processing involving computation of salaries & filing of PF, TDS, ESIC, profession tax & other statutory
returns
o Authorization of documents- payments, receipts, journals and cheque signing
o Internal audit planning and administered statutory audit compliance as per corporate timelines
o Preparation of projected P&L Account and Balance Sheet as required by bank authorities & financial institutions
Planned & monitored cash flows and account for departmental expenses
Assured IT systems effectiveness from the finance perspective
Provided assistance in filing of direct & indirect tax returns including TDS returns as per the provisions of regulatory
tax acts; appearing before regulatory tax authorities for assessment
Liaised with auditors for conducting statutory, internal, concurrent, cost and secretarial audits; evaluated internal
control systems to highlight shortcomings & implement corrective actions
Supervised receipt of funds and disbursement of payments, optimizing working capital management – inventory,
creditors, bank overdraft, etc. and everything related to cash, bank & funds management
Reviewed storage and security of systems in respect of hardware and data to safeguard against loss & corruption
Managed:
o Analysis of sales and review of debtors ageing, collections, discounts & reconciliations
o Review of godown stocks and inspections & analysis of C&F & sales promoters activities and accounts
o Sales tax accounting, returns, payment and assessments
Accomplishments across the tenure:
Spearheaded Finance & Accounts Department of:
o 2 million tons Cement Plant @ Tandur, Near Hyderabad with a team of 7 Members (DGM, 3 Sr. Asst. Manager, 2 Sr.
Officer & 1 Officer)
o 1 million ton Grinding Unit @ Parli, Maharashtra with a team of 5 Members (DGM, 1 Chief Manager, 1 Manager,
1Sr.Asst. Manager & 1 Sr. Officer)
Merit of joining the organization in the year 1996 to take care of Finance & Accounts Department of Chilamkur Plant,
Kadapa Dt of AP State; Later, transferred to Hyderabad Regional Office in 2007 to look after Marketing Accounts of the
Andhra Pradesh, Telangana, Maharashtra, West Bengal and Bihar States
Efficiently implemented systems & procedures and ERP Modules at Green Field Project of Parli Grinding Unit
Maharashtra State and RMC Project at Hyderabad
Played a key role in managing Tandur Plant, Near Hyderabad, Parli Grinding Unit and Marketing Accounts of
Maharashtra State during March, 2013 to March 2016
Served as:
o A core member in computerized operational areas by developing new systems and implementing & integrating
with finance and accounts under central server based concept
o Secretary of exempted provident fund trust assisted the trust in finance & accounting operations with proper
investments & demating of investments & conducting meetings of provident fund trustees; managing
subordinates welfare & growth by identifying training needs and maintaining housekeeping & discipline in the
department
Significantly assisted in development of all packages in house with main server available at Chennai and connected
with 7 factories, Branches, Regional Offices and Head Office spread over entire southern India; packages were web
based and written in coordination with other departments, employees and head office & external agencies
Essayed a stellar role in:
o Reducing cost freight by linking input material with output material
o Providing 1 time settlement of principal dues of Circar Paper Mills Limited with FI’s like IDBI, IFCI & ICICI;
providing settlement of major insurance claims of the co. with insurance company
o Completing the assessments of Sales Tax
o Handling online filing and payment of taxes / returns under central excise, service tax income tax, sales tax, PF,
etc.
o Maintaining harmonious relations with banks, excise & customs, income tax, sales tax, insurers, suppliers,
customers, transporters, contractors & other government agencies / authorities in the overall best interest of the
company
o Efficaciously reduced cost of power of the company with a proper mix of Gas power from APGPCL, Tata Power, DG
Power and limited use of energy and demand from AP Electricity Board at Chilamkur Plant
1991 — 1996: Circar Paper Mills Limited
As Manager (Accounts)
1989 — 1991: Aluminium Industries Ltd.
As Accounts Officer
1988 — 1989: Neeraj Engineering Industries Pvt. Ltd.
As Accounts Manager
3. EDUCATION(Academic Forte)
Chartered Accountancy from Institute of Chartered Accountants of India in 1987
Bachelor of Law from Sri Venkateswara University in 1985
Bachelor of Commerce from Sri Venkateswara University in 1981
ADDITIONAL INFORMATION
Interests : Please Mention
Advice for Contacting:
I’m always open to conversation, networking with like-minded professionals or discussing future prospects. Connect with
me on Linked In or contact me kmadhu1961@outlook.com