mayank shah

• Collate, compile, verify & analyse financial plans and economic indicators so that management has accurate and timely information for making strategic and operational decisions on volume, price, and investments to optimize profitability
• Setting up monthly commercial targets of volume, prices and margins, comparing and analysing with Quarter target and Annual business plan
• Weekly follow-up meetings to review monthly target achievements and preparing contribution margin variance analysis showing impacts due to volume, price, Mix, COGS and variable expenses
• Financial modelling to forecast and measure potential financial impacts of business activities such as new product launch, marketing campaign, impact of changes in volume, price & mix etc.
• Prepare automated simulators to ascertain profitability impacts of the weekly results
• Maintain and manage product history, product hierarchy, accurate accounting and financials of previous period to enable comparative analysis.
• Work closely with the Finance VP and the leadership team to formulate the business the medium to long term financial and strategic plan.
• Enhance and automate budget template to facilitate the budget review process and decision-making process

• Monthly monitoring of production cost and reporting variance analysis comparing with budget & previous month
• Defining allocation criteria for factory overheads to different production lines and specific products. Analysing Idle capacity of factory and allocation of factory overheads to idle cost to ensure accurate reporting in the P&L
• analysing changes in Recipes, raw materials, packing material, production methods to determine cost impact. Simulations for new products and proposed production plans in line with overall profitability
• Budgeting of Annual Business Plan together with the leadership team, to deliver improvements in cost, competitiveness and improved efficiency.
• Determine costs of business activity to assist management decision such as Rework, material write-off, production stoppage, R&D trials, Production losses, quality losses, changes in materials, Make or Buy etc.
• Reporting on Factory performance to the Factory Manager and Financial Controller - explaining key drivers in performance and highlighting key factors in cost. Monitor factory manufacturing budget and ensure its control for reporting to Brasil.
• Simulating financial computations for proposed capital expenditure for new projects

• Reviewing, Monitoring & Reporting of SKU wise Raw material & Packing material costs
• Reviewing & Analyzing of batch wise product costing & consumption variances
• Monitoring SKU wise Standard and Actual costs
• Providing cost information of new products for pricing & margin decisions
• Working out costs required for management decisions such as make or buy, price reduction, insurance claim, QC losses, machine breakdown, manpower shortage etc.
• Monthly review of financial scorecard & MIS reporting of P&L, BS, WC to management
• Monthly closing of accounting cycles for costing modules in Oracle
• Preparing Budget P&L for future periods
• Monthly Budget v/s Actual analysis & Reporting of P&L and BS
• Providing financial information to government and Auditors
• Monthly stock valuation and physical verification of stocks

• Monthly reporting of Costs & Variance Analysis
• Quarterly / Annually finalization of accounts.
• Budget v/s Actual Analysis of Overheads
• Budgeting of Overheads
• Managing cost center masters & Overheads Dashboards
• Assist in Statutory Audit requirements
• Finalization of accounts for subsidiary Cos.
• Preparing consolidated financial statements.
• Automation of Management & Financial reporting
• Analytical review of financials.
• Invoicing to other Unilever Countries

• Preparing Cost Sheet, Bill of Material & Operational Cycles of different range of products.
• Margin Analysis & Product Pricing
• Transfer Pricing (Cost plus Method).
• Product Engineering for Cost Reduction.
• Report on breakeven points and periodic variance reports.
• Planning of production / Product Mix.
• Financial & Operational Forecasting.
• Financial modeling and business growth planning
• Preparing and analyzing of monthly MIS report & Budget V/S Actual Analysis
• Preparing Cash Flow Statements and Working Capital Requirement.
• Implementation of ERP system