Srinivas Kotni ACA CMA

Responsibilities: Supporting $250M Business operations covering Middle East and North Africa with manufacturing plants in UAE, Saudi & Egypt and multiple toll & 3PL operations.

• Promoted to Regional Controller role in 2018 for consistently delivering results exceeding expectations.
• Business Advisor and Controller of Total Delivered Costs $120M (Standard Costs, Purchase Price Variances, Plant Labor Overhead Absorptions, Logistics, Operational Admin Costs).
• Prepare Annual Supply Chain Operations Business Plan and set financial KPI targets.
• Lead Excess & Obsolete Inventory Cost reduction (Delivered $1M help to P&L).
• Financial lead for Loss Elimination, Saving, & Rationalization projects (Delivered $0.5M help to P&L) and capital investment projects ($20M worth of growth & productivity projects).
• Lead and improved Month-end closing activities, COGS variances analysis & plant management reporting with actions driven commentary, produced & delivered forecasts.
• Implemented standard cost setup, automation reports, cycle count process, process improvements & ensured strong financial controls.

GCC Services - is the portfolios of companies offering supply chain solutions, remote site infrastructure development, Construction, Facilities Management & Food supply.

Key Responsibilities include
 Perform planning process & develop annual budget, produce periodic forecasts.
 In-depth Analysis & reporting of financial/operational results in relation to budget/forecast/prior period results.
 Perform monthly closing, Group consolidation (HFM), review, finalize and deliver monthly MIS reporting pack to Management & operations team.
 Perform Working Capital analysis, track & report Inventory levels.
 Produce Sales forecasts & cash flow projections.
 Manage funding requirements & monitor bank facilities.
 Support Operations KPI development, monitoring & reporting.
 Develop project models, analyze profitability & challenge operational assumptions. Perform Capital budgeting and monitor & report capital spending.
 Implement accounting procedures, develop reporting systems, budgetary controls and continuous monitoring & report spending profile.
 Support complex financial/operational projects related to accounting policy, pricing & evaluate the impact to stakeholders.

Ma’aden Aluminium (Ma’aden - Alcoa Joint Venture) is the largest and most efficient vertically integrated aluminium complex in the world - Ras Al Khair

FP&A, MIS Reporting, Accounts Closing, Financial Reporting
Detailed Responsibilities include

 Budgeting and forecasting: Interact with the business team to develop and ensure efficient annual budgets, monthly forecasts and rolling plans.
 Perform periodic MIS Reports, presentations to Management committee.
 Track & report departmental spending profile, performance analysis against plan, variance analysis, expenditure trends, budget availability on monthly basis.
 Implement and Develop Business Intelligence tools (Hyperion Planning, OBIEE), EPR Systems to support and simplify financial analysis and reporting.
 Support business team in KPI development, monitoring & reporting on timely basis and assist leadership team in decision making.
 Prepare monthly accruals & perform monthly accounts closing process, analyze and review of ledger accounts.
 Track & review sustaining capex & project capex.
 Review of Financials & Analyse Cash Flow.
 Perform product costing and analyze elements of cost & product profitability.
 Manage the inventory control process & support the operational team in optimizing inventory management.
 Coordinate with audit team for smooth audit closure.

Vedanta Resources Plc, London Stock Exchange listed & FTSE 100 Global Metals & Mining Group having Aluminium Smelter (1.75MTPA) - Orissa.


MIS Reporting, Financial Planning & Analysis, Financial Reporting, Costing, Accounts & Audit
Key Responsibilities included:

 Develop annual Budget, Rolling Plans and perform monthly Forecast.
 Perform periodic MIS Reports, Monthly presentations and report on timely to ensure this assists in decision making.
 Review & Analyze Variances & Achievements against Budget Plan.
 Track & Monitor Key parameters (KPI) and analyze the deviations against targets.
 Review of Financials & Analyse Cash Flow.
 Perform product cost accounting and profitability analysis & analyse different elements of cost against budged cost.
 Implement and Develop Hyperion Planning, HFM and EPR Systems to support in financial planning, analysis and reporting.
 Review of Inventory, Working Capital & Analyse Funds Flow.
 Coordinate with Internal Audit team & External Audit team for monthly MIS signoff & quarterly accounts closure.
 Exposed to Currency hedging, ECB & Foreign Currency Loans.
 Exposed to Foreign trade policy, Central Excise, Value added taxes

Accounting, Financial Reporting, Auditing, Taxation, Financial Management

 Performed Internal Audits & Statutory Audits for Manufacturing Industries (Fertilizers, Plastics, Metal, Power, Textile etc.) lead the Audit Team & Review and finalization of Audit Reports.
 Finalization of Accounts, Review of Financials & Preparation of financial statements.
 Review of Financials, Analyse Cash Flow and Ration Analysis.
 Working Capital Analysis& Projections, Debtors Aging Analysis.
 Indirect Taxation - Central Excise, Service tax, Customs & Sales Tax.
 Export & Import Procedures, RBI&FEMA Regulations.
 Taxation for Companies, Firms & Individuals under the Income Tax Act, 1961.
 Requirements of Employee & Labor related Laws.
 Ensuring compliance with statutory regulations and provisions.