SUBASH MAJUMDAR
Irvine, CA *****, 949-***-****
**************@*****.***
Finance
Fortune 500 finance professional with advanced skills and experience in
financial planning and analysis, including market research. These skills
include financial and forecast modeling, market analytics and the
development of strategic plans, primarily in the technology industry.
PROFESSIONAL EXPERIENCE
Western Digital Corporation, Lake Forest CA 2001 - 2009
Finance Director, 2006 - 2009
. Led the development and implementation of disc drive financial plans,
long term and short term, from new product introduction to mass
manufacturing.
. Sliced and analyzed the quarterly mix of gross margins for the benefit
of focusing on accretive opportunities, delivering measurable results
from the recommendations - improved GM% by 200 basis points.
. Managed monthly and quarterly forecast, reports and variance analysis.
. Led market research team to project global market size for HDD's to
within projection accuracy of within 3%.
. Managed several talented analysts in developing appropriate Cognos
cubes.
. Part of the acquisition team involving Komag (drive media), with
special emphasis on the transition, integration and assimilation in
the firm.
. Created and rolled out a metrics dashboard to track the health of the
business and alert management to impending issues and opportunities.
Finance Manager, 2001 - 2005
. Developed outlooks for unit sales, revenue ($2 billion), GM%, net
income & cash flows for the total HDD business, using price declines,
cost declines, product mix, seasonality and OEM/channel Mix.
. Improved outlook process to achieve completion within ten business
days.
. Forecasted, reported and analyzed monthly and quarterly reports for
the business units along with variance analysis on a quarterly basis.
. Designed and implemented compensation plans for sales/marketing
entities.
. Designed Competitive Financial model to compare quarterly performance
vs the competition regarding pricing, unit cost, Gross Margins and
market shares and present to executive management. Resulted in cost
parity with the competition.
. Devised business model to study the financial pros/cons of opening an
assembly plant in Brazil for the Latin American market (government tax
breaks vs cost of shipping and handling and new facility cost).
XEROX CORP., El Segundo, CA 1985 - 2000
Senior Finance Analyst, Network Laser Printers, 1996 - 2000
. Developed Business case analysis (ROI, ROS, NPV, IRR) to guide
products through all business development phases. Prepared financials
for Product Approval Committee for concept plan, internal readiness,
launch and post completion reviews to support time to market
initiatives. Work with manufacturing teams to plan capital
requirements.
. Collected, analyzed and reported monthly activity, revenue, profit and
loss (P&L) results. Work with worldwide sales entities to achieve
revenue and profit targets on equipment and post-sale.
. Facilitated monthly close process for the business unit.
. Control and report General Ledger and balance sheet accounts on a
monthly basis.
. Prepared annual budgets ($18M to $30M), quarterly outlooks and
variance analysis.
. Advise General Manager, Program Managers and functional Managers on
daily issues and special projects.
Finance Analyst, Monochrome Printers Division, 1992 - 1996
. Develop Marketing budgets and outlook program spending.
. Assist Senior Management in 3rd Party negotiations involving NRE (non
recurring expenses) and royalty payments. Keep spreadsheet tracking
of royalty payments and liabilities and necessary B/S accounting to
meet annual audit requirements. Reduced erroneous royalty payment of
$300k in one year period.
. Managed Software Capitalization and Amortization for the development
community involving multiple sites to meet Accounting Standards.
Finance Consultant, Decentralized Printers Division, 1989 - 1992
. Provided financial support to Director of Manufacturing Resource Team
(MRT)
. Develop Annual plan, Quarterly outlooks and unit manufacturing
costs (UMC) for engineering and manufacturing.
. Responsible for business unit inventory of $25M.
. Developed accounting processes to reduce Purchase Price Variance
(PPV) and manufacturing Cost Variance (MCV). Earned recognition
for the results.
. Prepared Capital Acquisition documents for procurement and set up
the capitalization process.
. Designed financial model to analyze and evaluate Year over Year
productivity gains.
Senior Process Engineer, 1985 - 1988
. Lead Engineer for the diffusion and thin films area. Designed process
recipes and control criteria to meet design specifications.
Responsible for evaluating and acquiring process equipments.
EDUCATION & TRAINING
Executive MBA, University of California, Irvine
MS in Mechanical Engineering, State University of New York, Stony
Brook
BS in Mechanical Engineering, Indian Institute of Technology, India
Software skills:
Proficient in Excel, Word, Power Point, Oracle11i Cognos, WD and Xerox
Specific database applications.