راهول راجان

1. Managed the issuance and monitoring of bank guarantees for various projects. 2. Collaborated with project managers and legal teams to assess the financial implications of bank guarantees. 3. Maintained accurate records of all bank guarantees issued and outstanding, ensuring timely renewals and compliance with contractual terms. 4. Collaborated closely with the treasury team to manage the issuance and monitoring of bank guarantees. 5. Acted as the primary liaison between project teams and the treasury department. 6. Participated in regular meetings with the treasury team to review outstanding guarantees and assess potential risks, contributing to informed decision-making. 7. Collaborated with project managers to establish project budgets, track costs, and monitor financial performance against planned budgets. 8. Prepared and presented comprehensive cost reports to stakeholders, ensuring transparency. 9. Participated in project kickof meetings to communicate costing methodologies and expectations to project teams, fostering a culture of financial accountability.

1. Attended global conference & meetings - Global Steel Summit 2023 & Big 5 Global 2023, participated meetings with suppliers and the purchase team for price negotiation and to understand current price trend and availability of materials to do forecasts. 2. Item wise BOM setting up in ERP system. 3. Developed and maintained list pricing strategies for various products, ensuring alignment with market conditions and company profitability objectives. 4. Developed and maintained product costing models to ensure accurate pricing and profitability analysis for products. 5. Analyzed variances between standard and actual costs, identifying key drivers and implementing corrective actions to enhance cost eficiency. 6. Prepared detailed product cost reports, ensuring all costs (direct and indirect) were accurately captured and allocated. 7. Conducted regular reviews of product costs and margins, providing insights and recommendations to senior management for strategic decision-making. 8. Implemented process improvements in the product costing methodology, resulting in a reduction in time spent on cost analysis. 9. Supported the budgeting process by providing detailed product cost information and forecasts. 10. Utilized ERP systems to track and manage product costs efectively. 11. Conducted periodic inventory audits and reconciliations, ensuring accurate inventory valuations and cost of goods sold calculations. 12. Developed and maintained inventory reorder levels for raw materials, ensuring optimal stock availability while minimizing excess inventory costs. 13. Coordinated with procurement and production teams to ensure timely ordering and delivery of raw materials, supporting uninterrupted production processes.
14. Implemented a just-in-time inventory system for raw materials, reducing carrying costs and improving cash flow. 15. Maintained and updated the fixed assets register including acquisitions, disposals, and depreciation. 16. Developed and implemented asset management policies, improving tracking and reporting accuracy. 17. Supported year-end audits by providing detailed asset documentation and reconciliations. 18. Collaborated with internal and external auditors during the year-end audit process, providing detailed documentation and explanations for cost accounting entries and variances.

City: Dubai Country: United Arab Emirates 1. Prepared detailed cost reports, providing insights into project performance and financial status. 2. Managed cost forecasting for multiple projects, successfully achieving a reduction in budget variances. 3. Collaborated with project managers and stakeholders to establish project budgets, accurately forecasting costs and identifying potential financial risks. 4. Conducted regular variance analysis to compare actual project costs against budgets, identifying discrepancies and recommending corrective actions. 5. Analyzed and compared project estimation versus actual costs to assess financial performance, identify discrepancies, and recommend corrective actions. 6. Monitored and analyzed project-wise budgeted labor hours versus actual hours worked. 7. Prepared detailed reports on labor hour performance for management, highlighting trends, areas of concern, and recommendations for resource allocation and optimization. 8. Implemented tracking systems to monitor labor hour expenditures in real time, facilitating proactive management and timely adjustments to project budgets. 9. Coordinated with HR and payroll departments to ensure accurate tracking and reporting of labor costs, enhancing financial reporting integrity. 10. Providing data for the assessment of optimum purchase price, margin-oriented pricing, evaluating the profitability & turnover share of various products. 11. Participated in post-audit discussions to evaluate audit findings and recommendations, collaborating with management to implement improvements in cost control practices. 12. Supported the finance team in compiling data for year-end audits, contributing to a successful audit.

City: AJMAN Country: United Arab Emirates 1. Analyzed cost components, including materials, labor, and overhead, to ensure alignment with established standards and to drive cost control initiatives. 2. Collaborated with cross-functional teams, including production and procurement, to refine standard cost calculations and enhance accuracy. 3. Developed comprehensive cost breakdowns for new product lines, assisting in go/no-go decisions and product launch strategies. 4. Develop standard costing& pricing of new products. 5. Preparing & analysis of standard cost & actual cost of products. 6. Item wise BOM setting up in ERP system. 7. Developed and maintained list pricing strategies for various products, ensuring alignment with market conditions and company profitability objectives. 8. Review & approval of payment vouchers. 9. Providing reports on profitability of diferent products & the identify the factors that afect the product prices & recommendations for improvement. 10. Fixing Re-order level of Raw Materials & Minimum Stock Level for finished goods. 11. Preparation & verification of day book, ledger accounts, bank statements. 12. Maintain, monitor & control petty cash accounts. 13. Integrate with HR department for the employees bonus, paid & unpaid leave days, ticket, medical insurance, final settlement etc. 14. Review & approval of payment vouchers. 15. Monitoring bank transactions daily. 16. Handled finalization of year-end accounts & lesion with external auditors. 17. Preparing income statement & balance sheet report to the top-level management.