Sagar Devkate

• Interpreting the specifications from the Tender, then formulates competitive bids/estimates/quotations, taking into account best available product mix and appropriate technical and commercial considerations for each individual situation. Ensures tenders are well documented in a timely manner and with appropriate level of detail, including full and accurate costs.
• Preparation & Support the RFQ (Request for quotation) processes and manages the preparation of all technical (e.g. financial (e.g. total price sheet, cash flow analysis) and project management aspects of the bid/estimate/quotation, indicating prices.
• Collects and archives documentation regarding the offer/order and records assumptions and decisions taken during the development process. Regularly reports the status of the bids/estimates/quotations using defined tools and collects and analyses the reasons for tenders being lost and won.
• organizing the efforts of all involved departments relating to tendering/bidding activities and contract review
• Ensure that tender submissions are standardized in terms of format, font, logo, etc. and in line with customer’s tender requirements

Role:
• Executing in time monthly & quarterly closing Schedule and reporting global signals.
• Finalizing Monthly costing data and reporting variances with budgeted numbers.
• Preparing & Posting accruals for the Month with highest level of accuracy.
• MIS consolidation, variance analysis of actual numbers with budgeted numbers,
• Review of MIS reports relating to Volumes, Budgets, Cost trends and suggesting line of improvement,
• Assist in departmental budget requirements and presenting information’s to global team to finalise the budget.
• Consolidating Stream/ Trade/ Terminal level cost data and Preparation and presentation of periodic MIS reports.
• Approvals of high value invoices, assist to execution team in posting ad-hoc invoices by providing them required details like material number, activity periods
• Finalising monthly rebate accruals by analysing contracts terms & posting accruals on pro-rata basis.
• Monitoring correct & timely invoice processing by team and ensuring payment on time to vendor.
• Identifying open items on reconciliations, research for the root cause & clear them.
• Supervising Accounts payable team to perform their daily tasks in standard way.
• Release of excess accruals by ageing accruals analysis.
• Close Interaction & coordination with various stakeholders for understanding business with reference to new deals & Exceptions.

Highlights:
• Appreciation received for finding & suggesting improvements in data lake BI projects for the regional CY basic cost.
• Appreciation received for successful migration of storage & reefer cost project form Chennai team to Pune team.
• Coordinating with financial and HQ Auditors of the company and ensuring completion of Internal / Statutory.
• Recommendations received for Various Cost Saving Achieved for example in areas of Duplicate invoices, approaching vendors for rebate invoices upon achieving contract thresholds, follow up with operation team to reduce long standing container storage cost,
• Appreciation received as Champ of the Quarter for improving cost accuracy of Container Yard basic cost.