Sameer Devi Email & Phone Number

Pune, Maharashtra, India

• Core Member of Global Operations Business Controllers Group• Manage Finance Controlling of 7 product group operations, scaling, and investment decisions for all the 7 verticals in India region• Developing a comprehensive strategic planning process and scorecard for business based on long term strategy.• Enabling resource & cost effectiveness; guiding product costing thru cost benefit analysis, make/buy, inhouse/outsource decisions• Optimizing profits by identifying and capitalizing an opportunity to improve operational effectiveness and revenue growth• Ensuring processes operate within risk parameters, present these risks and actions plans to appropriate forums• Setting up policies to safeguard company assets, inventory, P2P• Restructuring the Finance Department for better controlling, thereby improving efficiency of individual & department• Investment decisions, business case• Advising operations in implementation of new processes/ initiatives• Change Management: Implementing new global structural changes and BU driven strategic target in the region like sustainability, succession planning, financial targets maintain routine operations.

Pune Area, India

• Improvement in complex business processes & operations, present critical business issues with revenue impact to senior management• Prepare 5-year business and financial strategy, create well-designed budget & financial models to measure & evaluate financial success • Make investment planning and driving pricing strategy based on long term business planning.• Development of internal accounting and administrative procedures• Oversee preparation of financial statements and reports generation based on statutory and operational requirements• Lead business case for CAR (Capital Appropriation requests for CAPEX) for new business, productivity improvement projects and ensure achievement of ROI, payback target as planned• Evaluate work processes. Drive continuous cost saving strategies across all the divisions through driving VSM cost out projects and cadence of review• Manage liquid assets, minimize currency & interest rate exposure, maximize returns from short- term investments and safeguard organizational funds• Optimize working capital utilization, deploy funds, and enhance ROIs for generating adequate liquidity and cash flow• Maintain average accounts receivable to the lowest system standards, Inventory and Accounts payable controlling• Steer project evaluation (including NPV, IRR, Cash Flow & Risk. Analysis) and project dashboard reporting (Progress Reports, Earned Value Analysis and Variance Analysis)• Lead the design of optimum capital structure and financial strategy, considering capital expansion for existing business, investment in new projects and short-term cash optimization• Define potential weak areas and guide business leaders through cash flow analysis and cost control• Establish high performing teams, defining & aligning strategic financial and investment plans to organizational growth objectives

Pune

• Responsible for overall controllership for India business for finance, stores, order handling, invoicing & IT dept• Strategic & financial planning for 5 years, timely completion of annual budget and quarterly rolling forecast and monthly closing• Achievement targeted profitability as per annual budget• Pricing strategy, rolled out VSM workshops to reduce costs of consumables, material costs, etc. • Export incentives, indirect taxes, avail benefits as per scheme like; EPCG, export benefits, etc.• Ensure targeted gross margins based on product, ensure compliance to statutory parameters for availing EPCG/ export benefits • Working capital management, cash flow management• Internal/External/Tax Audit.

Pune

• Responsible for Overall controllership for India business with turnover around INR1.5Bn• In time completion of statutory audit/internal audit. Direct / Indirect Tax management. • Improve working capital Management and improve cash flow.• In time completion of yearly budget and quarterly rolling forecast, monthly closing activities and reporting• Define pricing strategy in line with the target revenue, set operational targets on cost reduction.• Key stakeholders on investment decisions, CAPEX spend and ensure the pay back and ROI as planned.• Liaison with bank for external commercial borrowings, LC, investments. Reporting to Board of Directors

Pune

Controlling, Finance and accounts

Pune

Project sponsor of Symix ERP System and Hyperian implementation in india plant. Incorporated all taxation requirements in globally integrated ERP system.Received appreciation for Zero Based Budget preparations in newly set up India facilitySuccessfully transferred the production of 17 products from China to India after review of cost of production compared to source associate plant

Pune Area, India

Joined this organisation as a Senior Accountant. Successfully accomplished responsibility to lead the department during audit period when HOD position was vacant. Got promoted as HOD accountable for accounts finance function of two of the group companies.Simplified inventory valuation intricacies in ERP system. Streamlined inventory flow in the system. This made inventory valuation easy and reduced audit man hours. Also removed audit qualification in audit report.Successfully handled financial operation of new turnkey project for Maldives. The project was executed through back to back foreign LC.Reduced audit period from 1 month to 1 week, without any internal control qualification.

Pune Area, India

Set up process for reconciliation process for Inter company foreign transactions for multiple locations.

Pune Area, India

Project sponsor of ERP implementation team for centralized customer database. Exemplarily handled a team of 4 data entry operators. The system implemented in 7 months.Cleared all pending service tax and entertainment tax assessments.

Ahmednagar, Maharashtra, India

Cwa, Finance, Costing And Management, Cleared

Master Of Commerce (M.Com.), Commerce

Bachelor Of Commerce (B.Com.), Commerce