Vamsi Karukolla

WORK HISTORY

EDUCATION

ABOUT VAMSI KARUKOLLA

Accounting Professional with 3.2 years of experience in the accounting and IT services domains. Proven expertise across the Record to Report (R2R), including month-end close, general ledger (GL) accounting, journal entries, accruals, Prepaid, Bank reconciliations, and financial statement analysis. Skilled in fixed asset accounting—covering capitalization, depreciation, disposals, and asset register maintenance—ensuring compliance with GAAP and IFRS. Adept at preparing and analysing P&L Record to Report (R2R): Journal Entries, Month-End Close, Prepaid, Accruals, Amortization General Ledger Accounting: GL Reconciliations, Bank Reconciliation Financial Reporting & Analysis: Cash Flow, P&L&B/S Analysis Fixed Assets: Capitalization, Depreciation, Disposals, WIP Tracking, Asset Retirement Bank Reconciliation: Cash Posting, Open Item Resolution Accounts Payable:PO/Non-PO Invoice Processing, Vendor Ledger Reconciliation ERP & Tools: SAP, Oracle, Radius, Excel, Open accountsSenior Process Associate – Accenture Processed daily invoices (PO/Non-PO) with 99.5% accuracy and strict SLA compliance. Performed 2-way and 3-way invoice matching, collaborating with procurement to resolve discrepancies promptly. Posted month-end journals for accruals, prepayments, depreciation, bank charges, and amortization in compliance with GAAP/IFRS. Managed bank reconciliations, analyzed open items, and posted correcting entries within SLA timelines. Handled end-to-end Fixed Asset lifecycle including acquisitions, capitalization, CWIP tracking, Asset transfers, and disposals/retirement in SAP/Oracle. Executed monthly depreciation runs, validated accuracy, and posted necessary adjustments. Reconciled Fixed Asset sub-ledger to General Ledger, ensuring accuracy and completeness of financial data. Maintained and updated the Fixed Asset Register, ensuring correct classification, useful life, and cost center mapping. Coordinated with project and procurement teams to track CWIP and ensure timely capitalization upon asset readiness. Prepared and submitted monthly, quarterly, and year-end Fixed Asset Analyst – FactSet Systems Inc. Perform comprehensive General Ledger (GL) accounting activities including preparation, posting, and review of manual and automated journal entries ensuring accuracy and compliance with accounting standards (GAAP/IFRS). Conduct detailed GL account reconciliations, identifying and investigating discrepancies, adjusting entries, and ensuring timely closure of open items to maintain ledger integrity.