Manager
Mylan Pharmaceuticals
Total years of experience :9 years, 8 Months
Develop annual budget on a bottom-up approach. Responsible to manage an annual COGS of ~$7 Bn (8 business segments, ~ 50 plant sites spread across the globe)
Complete the rolling forecasts by collaborating with different functions / vertical teams and take full ownership of the dollars
Analysis of product costing, different types of cost allocations, and determine pricing strategies with commercial counterparts
In-depth flux analysis of any deviation from budget and forecast numbers by utilizing the management reporting tool for various qualitative reviews
Leading the team efforts to identify potential areas to create operational efficiencies, better leverage technology and automate processes
Managing and collaborating with teams and functions globally to identify areas for optimization within Global Operations Organization
Operations finance business partner for supply chain, sourcing, quality, and other functions
Publish monthly/quarterly MIS reports, forecasts, and service ad-hoc requests from leadership team in terms of various data analysis for long term business decision making
Work on harmonizing the management reporting tool across the network
Completing reconciliation of ledger balances with cost segregation reports for the under-construction projects to make sure that the Investment Tax Credit (ITC) basis for the Tax equity investors is determined appropriately
Leading the calls with the investors to walk them through the cost segregation reports for freezing the ITC basis, also know as the basis of funding by the tax equity partners
Assist the MD's office for computing impact of various regulatory announcements pertaining to renewable energy sector in US on various DESRI projects from finance perspective
Work closely with strategy team leads to ensure that proper financial inputs/assumptions have been taken to compute the NPV of a particular solar/wind project
Assist the asset managers in doing market research of the potential vendors for supply of modules/panels, O&M contracts etc across the globe
Preparing flux analysis reports to analyse as well as explain variances in account balances from budget and forecasts to lenders and investors
Working on initiatives related to establishing, standardizing, optimizing, and documenting accounting processes and workflows, as well as internal accounting controls
Preparing financial statements in accordance with US GAAP for the assigned DESRI project entities and getting it audited
Collaborating closely with the Hyderabad and U.S based varied business functions (such asset management, accounts payable, and accounting teams) to ensure timely, accurate, and efficient processing/recording of transactions and resolution of queries
Exposure as part of Deloitte Statutory Audit Team Major Clients worked upon
Review of Balance sheet items like Trade receivable/ Payables, cash and cash equivalents, loans, and advances etc. Detailed scrutiny of Statement of Profit & Loss items like expense, provisions etc. Compliance to reporting requirements under Companies Act, 2013 (CARO, Accounting Standards, Revised Schedule VI etc.), US-GAAP and UK GAAP Internal control testing as per Sarbanes Oxley Act, 2002 (SOX) Vedanta Ltd - Aluminium Division (Manufacturing) Vedanta Ltd - Power Division (Manufacturing) Alcoa India Private Limited (Wholesale Trader)
Exposure as part of Deloitte Risk Advisory Team Major Clients worked upon
Internal Audit of process around Procure to Pay and Fixed Asset Management Operating effectiveness testing of internal financial controls around Hire to Retire, Order to Cash, Expenses Reviewed Compliance of Companies Act, 2013, SEBI LODR, 2015, various other Industrial and Labour laws applicable to listed Manufacturing concern Performed the dealer stock audit as per Agreed Upon Procedure (AUP) Ramkrishna Forgings Limited (Manufacturing) Visa Suncoke Limited (Manufacturing) Bengal Aerotropolis Projects Limited (Infrastructure) Microsec Health Buddy Limited (E-commerce) Hewlett Packard (Manufacturing) Nissan Motors (Manufacturing)
Chartered Accountant from Institute of Chartered Accountants of India