PREMSAGAR BALUGURI

• Collaborated with faculty on special projects related to curriculum development and program assessment.
• Analyzed data to assist professors with various projects.
• Conducted research to support faculty members in their teaching and research activities.
• Prepared reports, presentations, and articles using Microsoft Word and PowerPoint.
• Assisted in coordinating programming and initiatives to support inclusion and engagement.

• Revenue Recognition & Financial Reporting: Ensured accurate revenue recognition in accordance with US GAAP and IFRS, including reviewing revenue arrangements and applying GAAP policies
• Prepared general ledger reconciliations, account balance fluctuation analysis, and assisted with the month-end financial close process
• Managed and prepared detailed Waterfall and Variance analysis reports to identify and analyze revenue deviations
• SOX Compliance & Contract Analysis: Supported SOX documentation for revenue accounting and contributed to internal control processes
• Performed thorough analysis of deferred revenue, unbilled accounts, and percentage of completion contracts, ensuring proper accounting treatment
• Reviewed customer contracts under US GAAP ASC 606, analyzing revenue recognition under SaaS, maintenance, licenses, professional services (fixed price and T&M), and usage-based models
• SaaS & System Migration: Played a key role in the successful data migration of accounting software (SaaS Optics) into Oracle NetSuite, recommending process changes to meet operational needs
• Managed sales orders, invoicing, and credit notes, ensuring accurate billing for customer contracts and arrangements

Public Accounting Experience:

• Statutory Audit, Meridian International Schools, Starlite Global Enterprises India Ltd., Innova Solutions Pvt. Ltd.
• Reviewed financial statements for compliance with Accounting Standards and IND AS.
• Ensured statutory compliance with tax regulations (GST, TDS, Professional Tax, and PF).

Private accounting experience:

• Internal Audit, MediCover Hospitals, Jasper Industries, Apollo Hospitals.
• Reviewed the General Ledger, Accounts Payable, and Accounts Receivable for compliance.
• Oversaw book closures, including provisions, bank reconciliations, and depreciation.
• Collaborated with analytics and business teams to enhance data-driven decision-making.