Gurgaon, Haryana, India
Experienced Deputy Manager with a demonstrated history of working in the automotive industry. Skilled in Cost Management, Financial Planning & Analysis , Cost Planning, Budgeting & Forecasting, and Cost Reporting. Strong professional with a ICWA focused in Cost and Budget from Institute of Cost Accountants of India.
Subsidy and inventory management,Analysis of inventory movement from one point to another.Responsible for creating and handling the subsidy receivable from govt on monthly basis amount of around 500 cr.Responsible for presenting subsidy PT to Singapore team for variances if any what expected vs actual for particular month and future months.
• Assisted in Quarterly & Annual budgeting • Analysis of financial data to identify the trends & potential area of improvement • Responsible for Monthly MIS & reporting to Global team with specified timelines • Developed & maintained budget models & forecasts ,ensuring accuracy & compilince with organizational goals • Inventory analysis including GIT on monthly basis • Review & analysis of the inventory aging report on fortnight basis and coordination with different zones SAP Implementation
o Budget Management: Budget preparation on a quarterly basis for heads like manpower, operation cost, repair & maintenance, scrap sales, spoilage, transportation cost, etc. General Administration (GA) budget, Business Plan Investment budget and Production plan on Quarterly basis. Control the budget through indents approval, process daily Material Receipt Note (MRN) to maintain records balance budget available of Powertrain operation o Costing: Manage all aspects of Project Costing including project profitability analysis, identifying staffing inequities and resourcing solutions, price/volume/mix analysis, business advice/decision support, and reporting o Data Analysis and Evaluation: Thorough study of the available information to determine standard and actual costs of manufacturing including raw material purchases, inventory and labour for several products line such as Crankshaft, Conrod production lines for FE department, and Block, Head, Case, High pressure die casting line & Low Pressure die casting production lines for Aluminum department o MIS: Prepare Business Planning Report (BPRM), Section Expenses report, PDCA (PLAN,DO, CHECK ACT) report o Cost Down Ideas: Liaison with users to determine effect on costs due to cost-down ideas such as local purchase; change in suppliers of tools and local re-coating of parts etc. o Audit: Physical stock audits for storerooms/warehouses to assess effectiveness of controls, accuracy of financial records, and efficiency of operations. Assessed and evaluated management’s responses to audits