CHAKRADHAR MOHAPATRA

Mobile: 099********/ 083******** Email: adhvr9@r.postjobfree.com

Seeking senior level managerial assignments in Accounts, Finance, Costing, Commercial, Budgeting & MIS Reporting with an organization of repute preferably in Manufacturing Industry

A result oriented professional with 23 years plus experience in Finance & Accounts, Costing, Budgeting, Controlling & MIS Reporting.

Currently associated with Raymond Luxury Cottons Ltd., Kolhapur as DGM – Finance.

Experienced in spearheading a wide spectrum of Finance, Accounts & Costing activities encompassing Business Plan, Budgets & Forecasting, Plant Controlling, Financial Accounting, Audit & Indirect Taxation, Business Unit Controlling, MIS Reporting, Deep understanding of Product & Project Costing, Cross functional & location team handling experience

Conversant with SAP 7.0 (MM, SD, FICO & COPA), Tally 7.2, Total & FMS – ERP Package& MS Office.

Proficiency in handling GRC & SOX as per the set rules & regulation laid by Internal Control Department.

An excellent communicator with demonstrated capabilities in FI, CO, MM, SD & COPA.

AREAS OF STRENGTH INCLUDE

Technical

Controlling Centre Manual: Written Controlling Centre manual for ABB India internal circulation “Controllers Hand Book on Cost & Management Accounting in SAP” on Sep’ 2012 depicting value flows, different processes involved, reports available, job scheduling in cockpit environment to help controllers for understanding different scenarios in SAP for ease of decision making and better clarity of complex activities.

Training on SAP CO Module: Costing Sheet and cost element groups used for different overhead groups and impact of activity rates on overhead. Budget and RF number upload and comparison with actual. Split values in Standard cost estimate, over & under absorption of overheads, cost centre report, Project & Product RA impact on P&L and BS. Accounting entries impact right from Production Order up to Sale of Finished Goods and standard reports available in SAP.

SAP FICO, SD& MM (AP, AR, GL & CO Module): (Standard Cost Estimate for SFG & FG, Activity based costing, Sale Order Costing, Production and Sale Order RA, Distribution & Assessment cycles for actual & plan costs, Overhead Reporting through cost centre analysis and MIS Reporting) Custodian of SAP CO Controlling.

Functional

Business Controlling: Planning profile and layout maintenance, authorization issues, posting to different ledger groups IFRS, INGP & USGP, Cost Element inclusion for overhead and activity rate loading in different costing scenarios and providing UAT after testing successfully in quality server for transporting to production client.

Products & Projects: Product and Project Profitability analysis comprises of percentage of completion considering result analysis to find out Loss Order and Cost to come Provision, Billing in excess of Sales or Sales in excess of Invoicing, Project Cash Flow Analysis, Risk and Return Analysis considering the rate of Interest impact & uncertainties involved. Margin and Variance Analysis for Products & Projects.

Finance & Accounts: Implementing accounting / financial systems with a view to ensure smooth accounting operations and facilitate internal financial control. Financial statements analysis for General ledgers, P&L Account and Balance Sheet monitoring for various overheads and achieving maximum cost control in operations.

Transfer Pricing & Profitability: Product pricing and fixation of selling price in COPA with scenarios of Trading, Made to Stock, Make to Order maintaining BOM, Routing as well as assignment of correct costing sheet.

Costing & MIS Report: Establishing strategic cost management system for monitoring various overheads, cost sheets giving product wise contribution, breakeven levels and profitability on full absorption cost basis to facilitate effective decision making using applications of Activity Based Costing & Unit Costing. Functional cost reporting, reports on ageing analysis of Inventory & Trade Receivables & Payables. DIH, DSO & DPO.

Budgeting: Budgets and variance analysis to determine difference between projected & actual results. Report for capacity utilisation, borrowings/surplus funds utilization in profitable investments to achieve higher returns, ensuring better liquidity position, Annual Operating Plan for Business Unit.

EMPLOYMENT PROFILE

Raymond Luxury Cottons Ltd, Kolhapur, Maharashtra Since Aug’ 2018

DGM – Finance & Commercial

Key Result Areas

Month end closing process pertaining to finance and costing

Costing run, result and variance analysis for plant

Inventory Valuation and Plant MIS reporting

Statutory audit, cost audit and internal audit support and replies

Budgeting & Forecasting, Annual Operating Plan for Plant

Cost analysis and allocation of cost on to business unit

Consumption and conversion cost analysis

Plant & BU Controlling and MIS Reporting

GST and Assessment with refund analysis

Plant financial and legal compliance with statutory authorities

Inventory Ageing and reporting to division HOD

Margin and Cash Flow Analysis

NWC, Financials and Working Board Reports

Fund Management & Receivables analysis with OD, TUF loans, Bill Discounting, BG & LC

Cost savings pertaining to Coal, Power, Gas, Steam, Dyes & Chemicals

Deep understanding of Projects & Products

Cross Functional leadership & Communications

Team management, SAP Support, Training & Mentoring

Commercial, Vendor Analysis, Scrap Process Monitoring

Electricity Duty Subsidy, Incentives from MSEB

PMRY Incentives from contractors, tax planning w.r.t vendors and contractors

Sub Contractors & Contractors cost analysis and cost optimization

Key Contributions

Costing module roll over in plant

Reduction of inventories

Reliance Naval & Engineering Ltd, Gujarat Apr’ 18 – Jul’ 18

DGM – Strategic Budget & Costing

Key Result Areas

Annual Operating Plan, Budgets & Forecasting

Capex, Opex Analysis and Capitalization through Internal Orders

Project Architecture with Contribution, Gross & Net Margin Analysis

Management approval note for ship building activities

Business Unit Controlling & MIS Reporting

Deep understanding of Project & Product Costing

Profitability & Expenses Analysis for Marine and Yard Operation

Cash Flow and Working Capital Analysis

Power & Fuel Cost Analysis pertaining to diesel, gas and power

Dealing with internal and external stake holders in the areas finance and costing

Key Contributions

SOP for Capex with Management Approval from CFO & CEO

Budget Control for projects and overhead cost controlling

Birla Tyres, Balasore Jul’15 – Jun’17

Industrial Controller –Finance, Costing & Commercial

Key Result Areas

Business Plan, Budgets & Forecasting

Plant Operational & Financial Controlling experience

Financial Accounting, Audit & Indirect Taxation

Business Unit controlling & MIS Reporting

Deep understanding of Project & Product costing

Profitability analysis for projects and products

Global exposure with cross location and cross functional interactions and leadership

Material, Labour & Overhead cost analysis for cost reduction and cost control

Project cost controlling with budget availability & WBS analysis

Variance Analysis Production Order & Cost Centre wise analysis

Rolling Forecast & Annual Budget with actual numbers comparison

Costing Sheet maintenance and check for new GL inclusion as per GAAP

Overhead and activity rates supervision for correct standard cost roll up

Inventory Analysis and report submission to Divisional Managers

Conversion & Fixed Cost Analysis and comparison with AOP & previous year numbers

Supervision of Monthly Books Closing/provision for liability and accounts closing process

Dealing with commercial tax authority/excise and statutory bodies

Audit Coordination- Statutory & Cost Audit

Internal Order Budget Control and Asset Capitalization through orders

Key Contributions

Budget Vs. Actual comparison, Material & Inventory Analysis

Fixed Assets Capitalization & AUC expenses Analysis

Reduction of Power & Fuel Cost & Salary & Wages Cost

Financials Presentation to VP Operations & Group CFO

TATA Coffee Limited. Bangalore Apr’14 – Jun’ 15

Sr. Manager –Finance & Costing (Finance Controller)

Key Result Areas

Latest estimate and flash report presentation to Management

Make or Buy and Cost Benefit Analysis for raw materials and finished goods

Supervision of Accounts Closing, consolidation and reporting

Internal Audit for Plantation Divisions

Monthly Financial Presentations for Executive Officers on KPI

Inventory Analysis and report submission to Divisional Managers

Green Coffee cost, availability and procurement analysis

Key Contributions

Flash Report for Revenue, Orders, EBIT and Operating Cash Flows

Cost Centre Budgets in SAP and variance with actual

Financials Presentation to Executive Directors

ABB Ltd., Bangalore Feb’08 – Apr’14

Asst. Vice President –Finance & Controlling

Key Result Areas

Material Cost Analysis with percentage to Revenue for division, LBU, LPG & PC wise and sharing of the same to Country Controller & Division Controllers

Result Analysis for Products and Projects for correct settlement and value flows to CO-PA with LOP, CTC and Variance to Price Difference Material Settlement Account.

Sharing the report of Over/ Under Absorption of Overhead with Divisional & LBU Controllers, for better control on expenses and initiation of corrective measures to set off recoveries.

Inventory and expenses analysis and report generation for ABB India. Net Working Capital, India Provision and Project Profitability report for monthly consolidation and reporting.

Product Costing in different scenarios of MTS/ MTO/ Trading/ Service and analysis up to Net Margin

Cost reduction reports and reconciliation of the same function and cost centre wise for ABB India.

Consolidation of Capital Efficiency Management and flash reports division wise on monthly basis and disseminating the findings of the same to ABB Group.

Reconciling the DIH and DPO parameters in ECC, BIW and ABACUS as per ARG guidelines for maintaining uniformity and consistency amongst different reporting tools.

Costing run for all plants of ABB India for actualization of material cost components for semi finished and finished goods.

Overhead report correction and modification as advised by BU to reflect the correct overhead rates to be updated in costing sheet for costing and RA run.

Assessment entries pertaining to Sales, Management, IS, SAS, Corporate, HR Centre, Location, COPA to be posted for correct allocation and apportionment of Corporate and SAS expenses to Business Units.

Creation of Cost Centre Group for ABB India division wise for generation of over/ under absorption of Overhead Report on monthly basis. Report is already developed in ECC by own initiative.

Cost Centre wise Budget & Variance with Actual Expenses submitted to division controllers

Key Contributions

Over/ under absorption of overhead reports developed in SAP.

Cost Centre Grouping for all India level cost centre and MIS reporting

Financial presentations for Country Controller, CFO & IMA Group CFO

Asia Pacific Group CFO Financial Presentation

ACC Ltd., Bangalore Nov’05 – Feb’ 08

Accounts in Charge

Key Result Areas

Monthly Profitability Analysis with impact of Direct and Indirect Costs per unit of Production

Preparation of monthly Forecasts and quarterly Budgets

MIS Reporting Segment wise as per the requirement of Top Management.

TDS, Service Tax and VAT accounting as per statutory requirement

Month end provision entries in GL to reflect the true and fair view of P & L and Balance Sheet

Cost ascertainment and cost control for the final product and fixation of Selling Prices.

Compilation of Audit Schedules for Statutory, Interim, Management and Limited Review Audit

Inventory Reports with Valuated Stock and Quantity, Write-off, Write back if necessary

Stock Transfer and pricing of Stocks, Stock in Transit and accounting of the same in SAP

Checking of BOM and right booking of consumption for the same in SAP

Approval of Internal Order for Capex Item, AUC and actual entry on SAP with requisite PO

Scrutiny of Customer Ledger, Line Item and rectification entries if required

Credit ceiling analysis and Credit Release for customers.

Supervising the Stock Reconciliation &Inventory Valuation.

Ageing analysis of Sundry Debtors and Creditors, GL Balance checking, transfer and journal posting

Monitoring the billing for correct revenue recognition etc.

Key Contributions

Reduction of Trade Receivables with proper reporting on debtors ageing analysis

Party wise balance confirmation reconciliation.

M.T.N.L., Mumbai (On Contract ) Aug’02 – Nov’05

SAS Finance & Accounts

Key Result Areas

Preparing refund schedule &ensuring timely payments to party.

Generating Sundry Creditors, Debtors, Water & Electricity Charges Schedules & Annexures, etc.

Maintaining all schedules over FMS Package & other MIS Reports.

Key Contributions

Timely preparation of required annexure & schedules to tally the numbers with Trial Balance.

Commenced career with Tecmark Electronics & Electricals Pvt. Ltd. as Accountant from

Jan’96 - Aug’02.

IT SKILLS

Well versed with SAP 7.20, MS Office 2010, MS-DOS 6.22, Windows_8, Tally 4.5, 5.4, 6.3 & 7.2 Total & FMS – ERP Package, D-base III plus, Lotus 1-2-3 and other Internet Applications.

ACADEMIC & PROFESSIONAL CREDENTIALS

Aug’ 2011: ACMA membership

From ICAI

Jun’ 2004: Passed Final ICWA

From ICAI

1993: Bachelor of Commerce

Utkal University

PERSONAL DOSSIER

Date of Birth : 25th June, 1971.

Address : B 304, Royal Green Field Apartments,

Nagala Park, Behind Collector Office

Kolhapur – 416003

Maharashtra

Linguistic Abilities : English, Hindi, Oriya & Bengali.

Passport No. : L6173459.

Preferred Locations : Bangalore/Pune/Mumbai/Kolkata/Delhi/Chennai/Noida & Hyderabad.

Contact this candidate