Assistant Manager Finance & Controlling
Tenova Goodfellow Inc.
Total des années d'expérience :19 years, 11 Mois
• Finance:
Implementation of financial & system controls, policies and procedures.
Reporting monthly management Accounts (includes the Comparative statements of actual, budget and last year performances) for internal performance evaluation.
Responsible to prepare and present the management reports.
To ensure that accurately and timely monthly closing and analysis the result. Detailed investigation, In case of any discrepancy.
Providing financial support to senior management with necessary financial forecasts, reports that helps the management in decisions.
Managing the Intercompany transactions and reconciliation.
Prepare all required schedules for external as well as internal audit, coordinate with auditors till signing off, of the financial statement.
Co-ordinate with management and business heads by working closely with them, helping in controlling day-to-day aspects related to revenue and other areas of operation.
Responsible for Accounts Receivable/Accounts Payable balance control, accounting process control, Expense reimbursement control and give accounting treatment to internal team to problematic issues.
Implement the new process of SAP for automation and providing the training to staff of SAP modules (FICO, PP, SD, & MM) and give the expert opinion to all the area of business in respect of SAP.
Financial Planning
Presentation of budget plan for the next financial year including product, customer, region, channel wise performance with complex structure capturing the scenarios with advance excel presentation and implementing performance rating measures.
Formulated 5 year (long term) business growth plan accordance with group strategy.
Preparation of Half yearly/Quarterly/Monthly Projected P&L based on the forecast and prepare the strategy to achieve the required targets.
Evaluation of the actual performance against the budget and interpret variance if actual result deviates from the budget and variance includes region, product, customer and channel performance.
Managing the budgeting and forecasting process between the various departments.
Keeping view on the performance of the business, ensure the forecast meets the actual result to minimize the variances.
Responsible for budgeting and controlling annual capital expenditure (CAPEX) and operating expenditure (OPEX).
Product Cost/ Cost Reduction
To develop the procedure for the products costing.
Analysis of wastages & unproductive cost and suggesting the corrective action.
To develop the standards cost (material, variable overhead and fixed overhead) of each product.
Coordinate with management to set the pricing.
Closely coordinating with R&D, Production, and Purchasing department for new product development to minimize the cost and maximize the profit.
Complete analysis of price, quantity and efficiency variance of the products against the standard cost.
Assisting management team in continuous process to identifying the cost reduction.
Go-Live of SAP
Involvement in successful implementation of end to end ERP (SAP) at Tenova Goodfellow Inc. as a power user.
Worked in all project phases including, initiation, requirement gathering, gap analysis, realization and training.
Conducted cross-area compatibility analysis to ensure integration of FICO and FM with MM, PP, SD, PM modules
Developed authorization matrix for different users.
Master data preparation and Maintaining after go live; chart of account (COA), cost center, profit center.
Trained company staff on SAP, for their relative areas.
Prepare the business processes (AS IS and AS IS to Be) of finance department for SAP implementation.
• Detailed analysis of monthly management accounts.
5 Year projected financial statement and working on strategy to achieve the required targets.
Supervised month end closing activities of controlling.
Standard & actual product cost analysis for management decision.
Monitored and Reporting the OPEX Budget and actual variance analysis.
Prepared management reports.
Monitored accounting transactions and advice correction, wherever needed.
Prepared the financial statements and required schedules for final audit.
Prepared the yearly budget, and keep a track in case of any variation thereon.
Supervised monthly payroll and monitor proper tax deduction and its submission to concern department.
Detailed analysis of actual capital & revenue expenditure v/s budget.
Assisted in preparing the pricing structure of the company.
Detailed analysis of profitability of each product “budgeted v/s actual”.
• Provided financial reports and interpret financial information to managerial staff while recommending further courses of action.
Advised on investment activities and provide strategies that the company should take.
Analyzed costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
Developed trends and projections for the firm’s finances.
Conducted reviews and evaluations for cost-reduction opportunities.
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
Managed the preparation of the company’s budget.
Liaise with auditors to ensure appropriate monitoring of company finances is maintained.
Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
Any other reporting which Management may requires for decision making.
• Supervised accounts receivable, accounts payable, inventory and cash management.
Prepared monthly management accounts and performed general ledger reconciliations.
Prepared monthly payroll, submission of payroll tax and related annual returns.
Prepared reports summarizing the forecast company business activity and financial position.
Coordinated the preparation of year-end statutory accounts and tax return.
Established and maintained relations with banks and other financial institutions.
Prepared reports required by regulatory agencies and arranged for audits of company accounts.
Other reporting that management requires for decision making.
• Responsible for preparation of management accounts on monthly basis to facilitate decisions.
Monitoring the performances by analysis of Route Costs and Route profitability on fortnightly/ monthly basis.
Preparation of Feasibilities for induction of aircraft.
Assisting in budget & forecast preparation.
Preparation of daily bank position and weekly payment plan.
Responsible for banking transactions for all stations / Head office.
Recording of tax deduction and submission of the same.
Provident fund accounts maintenance and its secured investment.
Other reporting that management requires for decision making.
CGMA (Strategic Level) - In Progress
Associate Cost & Management Accountant(ACMA)
Associate Public Accountant(APA)
BCOM - GRADUATE
One year diploma in computer science
