vibhu vishnoi

a. Cost & Profit Management:

-In-depth review of Actual Manufacturing cost & prepares periodic reports Comparing Standard cost to actual production cost.
-Variance Analysis of Standard Vs Actual Consumption - Material Price
-Variance/ Material Usage Variance
-Quarterly Evaluation and Analysis of Machine Hour/Labour Hours Rate & Process Costing.
- Investment & ROI - Quarterly Review & Evaluation of Investment ROI
- Managing Standard Costing of the entire Business Unit
- Monthly Forecasting of Business Units in every area (
Gross to Net -Sales/Variable cost /Fixed cost/Inventory)
- Finalization of Monthly/ Quarterly / Yearly Product wise Marketing Policy after reviewing Profit Margin
- Preparation of Annual Operating Plan /Business Plan of Business Unit
-(Gross to Net Sales to Profit Movement on Annual Basis)


B. Monthly Review of PL (Review, GAP with reason & Countermeasure):

- Monthly in-depth review of all Products wise & Categories wise profitability & ensure Positive margin in each category
-Analysis of Gross to Net Sales by Product Line.
- Review of schemes & discounts, alert if above of marketing policy
-Review Product Price & Profitability and initiate Price revision, Cost-benefit
Analysis of pricing.
-Monthly Dashboards/ Financial Performance and MIS


C. VC Movement Analysis - BU & Factory:

- Products wise, Categories wise & Brand wise BOM Cost Analysis
- Variable Cost Movement - Proper VC analysis of BP/FCST/Last Year Vs
- Actual as per Management requirement


D. Value added & Risk Control:

- Monthly monitoring & analysis of purchase price impact on Business Plan & Last year
- Monthly review & regular interaction with MCD for achieving the inventory target, raised alert for non-moving & obsolete material
- Monthly Review of Operating Expenses of Business Unit (Headcount &
Employee cost, overtime, etc)
- Inventory control, valuation, reporting, and analysis by product lines,
categories, including a review of inventory transactions, flow, and quantity
reconciliations.
- Co-ordinate physical inventories, cycles count, and related variance analysis
- Establish savings targets and reporting mechanisms of performance, material
cost reduction across all product families and drive accountability.

Product Costing & Controlling:
 Product Costing & Process Costing of Existing and New product
 RFQ’s Project Costing
 Standard Cost Calculation & Variance Analysis
 Calculation of Overhead Rate
 Calculation of Machine Hour Rate cost calculation
 Calculation of Assembly Hour Rate cost calculation
 Cost Reduction measurement analysis
 Variance Analysis
 Implementation of a fully absorbed costing System at the plant
 Preparation of Profitability statement on a monthly basis
 Sales, COGS & Margin analysis
 Verification of Sales orders on a Customer Basis at the product level
 Coordinate with different department
 Monthly & Quarterly estimates of Business
 Working on cost-controlling activities in the organization


 Budgeting:
 Preparation of Annual Operating Budgets
 Budgeting & Budgetary control
 Formulating budgets and conducting variance analysis to determine
difference between projected & actual results.


Stock Valuation:
 Valuation of inventory (RM, WIP, FG)
 Inventory Management & Stock Reconciliation.
 Physical verification of inventory
 Inventory aging analysis of plant’s inventory and Slow Moving-Non Moving
report of Inventory
 Monthly Stock Statement



 Management information system:
 Corporate Office reporting on a monthly basis.
 Preparing monthly Fiber consumption and salvage report
 Preparing the monthly report on Waste Production & Focus on waste
Reduction
 Preparing monthly new business margin analysis
 Presentation of Customer wise profitability analysis
 Calculation of Foreign Exchange impact on a monthly Basis for the parts
imported

Product Costing & Controlling:
 Product Costing & Process Costing of Existing and New Product.
 Project Costing (RFQ Costing).
 Standard Cost Calculation& Variance Analysis.
 Stock Valuation of Raw Material.
 Budgeting & Budgetary control.
 Calculation of Machine Hour Rate cost calculation.
 Material Variance Analysis.
 Preparation of Profitability statement on a monthly basis.
 Cost reduction measurement analysis.
 Coordinate with different departments.
 Verification of purchase orders on a Customer Basis at the Harness level.

 Management information system:
 Monthly Presentation for a business review meeting.
 Preparing the monthly report on Waste Production & Focus on waste
Reduction.
 Preparing monthly Contribution Statements on a Customer Basis.
 Presentation of Customer wise profitability analysis.
 Calculation of foreign Exchange impact on a monthly Basis for the parts
imported.
 Preparation of management presentations relating to Sales, COGS & Gross
Margin

RESPONSIBILITIES
 Costing& MIS
 Product Costing of Existing and New Products.
 Evaluation of Material Usage Variance, Price Variance of Material consumed as
per BOM with Actual Consumption.
 Evaluation of Monthly Product-wise/Batch-wise Contribution Analysis.
 Monthly Preparation of batch-wise/product-wise yield analysis.
 Valuation of product-wise / batch-wise Raw & Packing material consumption.
 Tracking record for inter-branch stock transfer (IN/Out) monthly basis.
 Valuation of Extra RM/PM issued during manufacturing of product due to online
rejection, process adjustment, etc.
 Monthly Evaluation and Analysis of operating expenses of a plant (OPEX) as per
Budget
 Monthly Reconciliation of F.G. dispatch report with Production Data.
 Reconciliation of quantity dispatched with RG-1 register on a monthly basis.
 Tracking of expired & near expiry inventory.
 Coordinate with different departments.



 Budgeting:
 Budgeting & Budgetary control.
 Formulating budgets and conducting variance analysis to determine
the difference between projected & actual results and implementing corrective
actions.
 Stock Valuation:
 Monthly physical verification of inventory.
 Inventory Valuation of Raw Material, Packing Material, HSD Oil.
 Inventory aging analysis of plant’s inventory And Movement of Inventory.
 Stock Valuation of WIP & Finished Goods.