Rich experience in Finance, Accounts and Management AccountingThe Key Deliverables during the tenure1. Supporting Strategic Financial Planning thru Management Accounting: Worked for effective implementation of business plans / strategies for maximizing profitability & revenue generation & realize organizational goals. Actively participating in preparing project report merger /acquisitions, viability report for new investments/acquisition.2. MIS: Designed formats of MIS reports to provide feedback to top management on financial performance, viz. key performance data, variance analysis of profit, margin % with respect to budget and past performances, trend analysis etc. 3. Budgeting and Cost Monitoring: Preparation of budgets/forecast /FINPLAN for 5 years which start with Plant Management plan by every plant, evaluated with financial numbers and thereafter finalised as per financial objective like expected EBIDTA % etc.4. Cost Accounting: Establishing cost management system for monitoring variable cost of production and controllable overheads.The Noteworthy Contributions Suggestions for maximising profitability Deftly handling a gamut of cost and management accounting functions and handling 12 locations comprising around 30 persons Introduced Analyzing profit i.e. profit variance to it’s reasons and now being continued regularly on monthly basis for top management. Submitted explanations to query raised by various authorities on Company operations Made presentations in review meeting and suggesting ways to increase cost effectiveness Instrumental in bringing Cost excellence award (instituted by ICWAI) for the Company for two consecutive years, one internal award for implementing cost saving device for the Company Pivotal in setting-up Costing departments, training personnel so that all ten units to day are functioning with uniform practices. Imparted training to Accounts and non-accounts personnel on profit maximising objectives as well as newly introduced International reporting.
