hemant shedge

manager at maersk

• United Arab Emirates - Dubai
• My current job since February 2005

Sr. Financial / Cost/AP Controller, (Sr. Manager) Dubai UAE
 Managing vendor payments for than 200 in numbers for 42 ports and 17 countries.
 Ensuring execution of payments end to end.
 Prepare the monthly management cost and finance reporting package
 Managing vendor review, credit terms, quarterly vendor analysis.
 Produce relevant management reports, Gap analysis and co-create improvement plans
 Successfully executed a cost saving project which achieved USD 40 Mill saving.
• Analyze cost developments & cost drivers
• Engage with Cluster operations/finance to stay updated on business developments that impact cost developments and challenge cost escalations.
• Convey business intelligence to the cost controllers through participating in weekly engagements
• Build relevant cost models to forecast and better predict cost developments with the aim of mitigating unfavourable developments
• Coordinate all cost saving programmes for assigned cluster and drive the follow up on these and ensure benefit realisation.
• Work closely with the Regional Finance team, driving cost recovery/reduction and ensure close alignment between the regional/country cluster and the Liner Ops control.

ADDITIONAL PROFESSIONAL EXPERTISE

 Awareness of schedule reliability of vessel, vessel bunker consumption.
 SRM contract management
 Managing error handling process (discrepancies between Ops and Fin data)
 Setting KPI for support functions, execution team.
 Managing measurement process for each KPI.
 Managing turnaround time at billing/DO counter.
 Managing cross trade billing.
 Leading Migration projects.
 Leading documentation team to ensure error free BL documentation.

ACHIEVEMENTS & AWARDS

 Promoted 7 times in The AP Moller Maersk Group within a span of 10 years

 Received the high performance award in 2006

 Nominated as employee of the Quarter in 2008

 Initiated & ran a cost saving project which achieved USD 40 Mill saving.

 Successful migration of operational and cost tasks from Maersk Dubai to Maersk India Backoffice in 2009.

 Successful migration of operational and cost tasks from Maersk Singapore to Maersk Dubai in 2010.

 Was chosen from among colleagues from 8 head offices worldwide to spearhead and streamline an FP&A / management accounting tool for global reporting and analysis in The HQ in Denmark

 Scope of work - 17 countries & 42 Ports across the Middle East, Horn of Africa, India, Pakistan and Bangladesh.

 Successfully maintained a monthly Net operating profit accuracy measure of 99% for 5 consecutive years for the region. Spearheading the process end to end.
 Was the key focal for the successful roll out of a new SAP system for automated successful cost capture in for all 17 countries.

 Built strategic inhouse module which helps to identify profit making locations or vendors.

 Implemented end to end invoice audit, credit term review process.

FINANCIAL & IT SYSTEM KNOWLEDGE

 SAP / ERP / ECC/BW reporting, SAP based reporting tool/SAP SRM
 IBM Mainframe
 MS office, Word, excel, PowerPoint & MS Project
 Minitab
 Maersk in house systems & applications for budgeting forecasting and calculation of cost

SKILLS & TRAINING

 Six Sigma Green Belt : Training received / Certification awaited
 Leading Others: In-house Leadership Skill training r.eceived
 Management Presentations training from Spear Head
 Project Management from Spear Head
 Basic Procurement Training- in-House.