P Sivakumar Email & Phone Number

Chennai

As an Associate Manager-Finance he is responsible recognized for Direct Financial management and Audit Management for diverse industrial sectors. Instrumental in the Turnaround and strategizing business operations through adept finance administration initiatives. Accounts management: Ensuring consolidation of Accounts in scheduled timeframes, preparing the Profit and Loss account, Balance Sheets and Funds flow Statements on Monthly basis for top management evaluation.MIS Management: Generating the MIS for management perusal to facilitate deriving enhanced policies that would steer the organization to enhanced growth and profitabilityNoteworthy Credits Merit of completing the launch of Green Field Project worth Rs.75 Crores Credited for achieving corporate timelines pertaining to submission of financials on a monthly basis, without any deviations Savings/Cost Initiatives/Internal Controls  Reduction of Consumables cost (Liquid Nitrogen) by 3% (Given suggestion to avoid procurement on week end days considering the nature of gas) at AAM Provided suggestions to the Maintenance Department in monitoring the load factor within permissible limits, aimed at avoiding penalties for Electricity bill, thereby reducing the monthly cost by 4% (at AAM) Served as the Core Member of FICO- SAP and successfully implemented My SAP ERP version ECC release 5.0 (My SAP ERP 2004) At PKL  Recognised as the lead core member of Oracle financials implementation for Green field project (AR, AP, GL, Project modules) and successfully implemented at AAM

Hyderabad

Funds and Allocations: Scrutinizing Funds statements and cash-flow, their distribution and appropriation as per Revenue generationAudits Co-ordination and Reports Management: Instrumental in the management of Internal Audit department, authentication of audit reports, Stock verification and coordinating with Statutory Auditors, for yearly accounts consolidation and the subsequent finalization of accounts.Legal matters Management: Entrusted with handling the legal proceedings relating to the company matters like proceedings against employees etcNoteworthy Credits Successfully ensured compliance of SOX audit without any major deficiencies Instrumental in achieving corporate timelines, with respect to submission of financials on a monthly basis, with nil deviation Stellar role in reducing interest cost by 5% compared to previous levels through negotiations with supplier & bank and regular follow-ups with customers Distinction of submitting contribution analysis, both product wise & customer wise, based on the latest commodity prices, thus boosting selling prices by 3% from customer Led a team of 4 members directly and 8 members indirectly Reinstated vendor and customer reconciliation process Savings/Cost Initiatives/Internal Controls Displaying Boards at Shop floor highlighting cost of Rework and Rejections (instead of putting %), thereby reducing the Rejection and Rework cost by 3% Implemented Tax calendar so that to pay all Statutory dues in time

 Served as a Core Member of FICO- SAP Implementation Team working on My SAP ERP version ECC release 5.0 (My SAP ERP 2004) Essayed a key role in developing costing systems for the products and integrating the above system with Finance Deftly submitted monthly MIS on in-process rejections, thereby reducing rejections by 3% Steered SAP system audit and control pertaining to delegation of authority and its remedial measures Administered a team of 8 members  Savings/Cost Initiatives/Internal Controls  Implementation of Continuous stationery for Invoice printing thereby reducing Stationery cost by 2% (at PKL)

Hyderabad

Significantly decreased the consumption of stores and consumables by 2% through effective monthly MIS reporting. Efficiently conducted and managed internal audits at factories and submitted reports along with remedial measures to Management.

Gurgaon

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