Summary
Overview
Work History
Education
Skills
Certification
Websites
Timeline
Generic

SREE CHARAN REDDY VARALA

North Charleston

Summary

Dynamic Senior Staff Accountant with extensive experience at Dhara Hospitality Group LLC, excelling in GAAP compliance and internal audits. Proven ability in financial statement preparation and risk assessment, complemented by strong problem-solving skills. Adept at utilizing audit technology to enhance efficiency and accuracy in financial reporting.

Overview

11
11
years of professional experience
1
1
Certification

Work History

Senior Staff Accountant

Dhara Hospitality Group LLC
06.2025 - Current
  • Conducted internal audits of hotel operational expenses and revenue cycles to ensure compliance with internal controls and GAAP standards.
  • Assisted in the preparation and review of monthly, quarterly, and annual financial statements, ensuring accuracy and timely reporting to management.
  • Performed account reconciliations (bank, vendor, guest ledger, payroll clearing) and resolved discrepancies to maintain accurate general ledger balances.
  • Monitored accounts payable and receivable, reviewed vendor invoices, and ensured timely payments while maintaining proper expense classifications.

Senior Audit Associate

Veris CPA
10.2023 - 06.2025
  • Collaborated with the team to design audit procedures using audit technology and innovation tools. Researched accounting & auditing matters and documented conclusions.
  • Actively participated in learning and development opportunities, formal learning (CPE) and training programs.
  • Demonstrated the ability to provide team with directions, played a key role in execution of audit procedures, from planning to wrap-up, and developed audit program steps to identify risks to ensure that the assignment quality standards are achieved.
  • Prepared financial reports (statements, footnotes, and any supplemental information) and other client deliverables.
  • Understand cash flow effects of complex activities (non-cash, acquisitions, etc.). Applied industry trends to analytics, formulated expectations and determined reasonableness of variances.
  • Managed multiple client relationships and engagements simultaneously.
  • Engaged with key client management to collect information, resolved audit-related problems, and made recommendations for business and process improvements.
  • Running client engagements from start to finish. This includes all aspects of financial statement preparation, internal staffing of engagements, project scheduling and budgeting, planning of the engagement, and related administrative functions.

Assistant Audit Manager

VR Teja & CO
11.2019 - 07.2022
  • Managed and supervised the execution of external audit engagements of various clients including Securities Exchange Board of India (SEBI) registrants in accordance with relevant regulatory and professional auditing and assurance standards.
  • Established & maintained an efficient record keeping / MIS System; assessed the prevailing corporate environments by reviewing & enhancing all financial procedures.
  • Budgeted and forecasted revenue for contracts with the clients and performed monthly/quarterly book closure activity.
  • Conducted variation Analysis Month on Month and Quarter on Quarter.
  • Participated in the closure of books of accounts in Quickbooks Online version.
  • Assessing risks and evaluating the client's internal control structure.
  • Performing substantive tests and tests of internal controls to identify and resolve accounting or reporting issues.

Senior Audit and Tax Associate

Vinodh J & Co
06.2017 - 10.2019
  • Reviewed and filed tax returns for individuals and small to mid-sized businesses under Indian Income Tax Act, similar to U.S. 1040/1120 filing processes.
  • Assisted with preparation of monthly GAAP financials including month end/ year end closing process, balance sheet reconciliations, bank reconciliations.
  • Maintained and reviewed account receivables, payables and dealt with AR and AP aging reports.
  • Conducted Statutory Audit under the Companies Act, Tax Audit under Income Tax Act, GST Audit & Reconciliation Statement, and Dealer Audit for Manufacturing Companies.
  • Conducted year-end tax reconciliations and coordinated with clients for quarterly advance tax payments.
  • Assisted clients in the preparation & finalization of books of accounts, consolidated financial statements, preparation of project reports, and bank reconciliation.

Audit and Tax Assistant

Krishna Reddy & Associates
03.2014 - 03.2017
  • Adhered to accounting controls by following policies and procedures in compliance with legal and regulatory requirements.
  • Implemented accounting systems & procedures; supervised the timely preparation of statutory books of accounts and finalization & consolidation of group accounts.
  • Ensured compliance with tax audit requirements under Section 44AB (India), aligning with U.S. IRS audit documentation standards.
  • Coordinated with clients on responding to income tax department inquiries and notices, similar to IRS representation support.
  • Summarized current financial status by collecting information; prepared the Balance Sheet and accounts reconciliations, Profit & Loss statement reports.
  • Worked under timelines to comply with the stringent deadlines for each task assigned.

Education

Master of Science - Finance

University of Cincinnati, Carl H. Lindner College of Business
Cincinnati, Ohio
08.2023

Bachelor of Commerce -

IGNOU UNIVERSITY
India
12.2019

Chartered Accountancy -

Institute of Chartered Accountants of India
India
08.2019

Skills

  • Accounting software proficiency
  • Data analysis and visualization
  • Tax compliance knowledge
  • GAAP expertise
  • Risk assessment skills
  • Problem-solving abilities
  • Attention to detail
  • Time management skills
  • Audit support experience
  • ERP systems proficiency
  • Bank reconciliation
  • International accounting
  • Transfer pricing
  • Financial statement preparation
  • Internal auditing skills
  • Audit technology utilization
  • Cash flow management skills
  • General ledger accounting

Certification

  • Certified with Advanced Information Technology Training conducted by Southern India Regional Council of ICAI
  • Completed General Management and Communication Skills Course organized by Southern India Regional Council of ICAI

Timeline

Senior Staff Accountant

Dhara Hospitality Group LLC
06.2025 - Current

Senior Audit Associate

Veris CPA
10.2023 - 06.2025

Assistant Audit Manager

VR Teja & CO
11.2019 - 07.2022

Senior Audit and Tax Associate

Vinodh J & Co
06.2017 - 10.2019

Audit and Tax Assistant

Krishna Reddy & Associates
03.2014 - 03.2017

Master of Science - Finance

University of Cincinnati, Carl H. Lindner College of Business

Bachelor of Commerce -

IGNOU UNIVERSITY

Chartered Accountancy -

Institute of Chartered Accountants of India

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