A result oriented CWA offering 19 years of vast experience in the areas of Finance & Accounts, auditing, taxation, budgeting & MIS reporting. Currently serving AAM India Manufacturing Corporation Pvt. Ltd Chennai, US MNC, Manufacturing of Axles and Drive line systems, as Associate Manager – FinanceHe has had great successful record of developing customized financial strategies and solutions to meet the needs of clients and able to diagnose and report issues to return organizations to economic stability. He managed multiple portfolios with diligent attention and continual analysis of economic trends to determine appropriate asset allocation. He is successful in evaluating business and investment opportunities, quickly understanding companies and their markets. During his long career he strengthened financial position of nonprofits operation by implementing new procedures, quality control measures, and by ensuring compliance with federal and IRS laws to protect nonprofits status. He has comprehensive understanding and knowledge of the end-to-end process. P Siva Kumar has achieved proven record of outstanding results under challenging circumstance. His success is due in part to his ability to communicate with others. It has enabled him to harness the potential of all levels of employees and motivate them to achieve superior results. Additionally, he focused on values, corporate objectives, and strategic planning to directly impact the success, growth and profits of the business. Blend motivation, organizational leadership and analytical skills to develop and implement innovative ideas that accomplish bottom-line results.For more details, reach him at shivaco69@rediffmail.com
Aam India Manufacturing Corporation Pvt. Ltd., Chennai
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Associate Manager – FinanceAam India Manufacturing Corporation Pvt. Ltd., Chennai Jun 2011 - PresentChennaiAs 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
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Senior Manager – FinanceTecumseh Products India Pvt. Ltd Jun 2008 - Jun 2011HyderabadFunds 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
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Manager - Information ServicesPkl Ltd., Hyderabad, Kabsons Group Oct 2002 - May 2008 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)
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Suryavanshi Spinning Mills LtdSuryavanshi Spinning Mills Ltd Jul 2000 - Oct 2002HyderabadSignificantly 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.
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Senior Accounts OfficerCaparo Maruthi Ltd, Apr 1996 - Jun 1999Gurgaon
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Accounts AssistantMac Industries Ltd., Chennai (A Sister Concern Of Spic) Jul 1993 - Aug 1995
P Sivakumar Education Details
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I.C.W.A. I. (Associate Member Of Cost And Works Accountants Of India)Cwa -
Madras UniversityM Com
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Madras UniversityB.Com
Frequently Asked Questions about P Sivakumar
What company does P Sivakumar work for?
P Sivakumar works for Aam India Manufacturing Corporation Pvt. Ltd., Chennai
What is P Sivakumar's role at the current company?
P Sivakumar's current role is Associate Manager – Finance at AAM India Manufacturing Corporation Pvt. Ltd., Chennai.
What schools did P Sivakumar attend?
P Sivakumar attended I.c.w.a. I. (Associate Member Of Cost And Works Accountants Of India), Madras University, Madras University.
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