Lavakumar Kandriga

No *A, VRR Constructions, Kamakshi Nagar Main Road, Anakaputhur, Chennai-600070

Email:adi5iw@r.postjobfree.com Phone: (M) +919*********

~ Deputy Manager – Finance & Company Secretary ~

To work in a challenging position to prove my Accounting skills, which would utilize my knowledge & intelligence in Industry in a motivating and trust worthy environment EDUCATIONAL CREDENTIALS

• ICWAI (ICMAI) – June 2010 - Institute of Cost Accountants of India, Chennai,

• ICSI – Jun 2015 – Institute of Company Secretaries of India, Chennai.

• B.Com – June 2007 – R.K.M. Vivekananda college,Mylapore, Chennai

• HSS – April 2004 - Sri Ramakrishna Mission Higher Secondary School, Chennai

• SSLC – April 2002 – Swami Aided High School, Chittore, AP. PROFESSIONAL EXPERIENCE

Deputy Manager – Finance & Company Secretary (Oct 15 to Till Now) R. STAHL Private Limited, Chennai

(Manufacturers of Explosive protection Lighting, Junction boxes, Signaling Devices and Automation systems) Key Responsibilities

Costing:

• Product wise profitability analysis.

• Monthly gross margin report product wise

• Annual Budget for Material and variance analysis

• Pricing for new products

• Purchase price analysis for Key Input materials

• Material cost saving report

• Rejection and Wastage analysis

• Handling of cost Audit

• Perpetual inventory Monitoring

• Quarterly Overhead rate calculation

• Monthly inventory valuation

• Overhead valuation

Finance & Accounting:

• Material accounting and Account payables

• Inventory Management

• Payment process to vendors (Import & Domestic)

• Preparation of Schedules for statutory & Group Audit related to Material cost.

• General Ledger Validation for Material accounts on monthly Basis Secretarial:

• Maintenance of Statutory Register

• Convening Board Meeting, Annual General Meeting and Committee Meeting

• Annual Compliance Audit

• Filing of relevant eForms with Ministry of Corporate Affairs Assistant Manager – Costing (May 15 to Oct 15)

UCAL Fuel Systems Limited, Chennai

(Manufacturers of Corroborators and Oil pumps for 2W/4W. Plants Located in Chennai, Pondy, Pune and Bawal) Key Responsibilities

• Pricing for the new product.

• Preparation of Material cost budget based on sales plan for each plant

• Workings for interplant transfer pricing

• Preparation of CAS-4 and get it signed by cost auditor on Quarterly basis

• Data preparation for cost Audit

• Monthly MIS on Material cost

• Validation of Material cost savings given by purchase department

• Preparation of Audit schedules

• Inventory Verification and Valuation

• Purchase order Approvals

Senior Executive – Costing & Budgeting (Oct 13 to May’15) Hydro S&S Industries Limited, Chennai

(Manufacturers of Plastics and Supplies to Tier1 and OEMs. Plants Located in Pondy, Pune and Manesar) Key Responsibilities

• Preparation of Monthly item wise Profitability Analysis and Highlighting of Negative margin Products.

• Selling price sensitivity Analysis with Matrix and Informing to Marketing Department for the Price revision Due from Customers.

• Costing for new orders to quote price to customers after considering all the parameters of Cost.

• Batch wise Consumption and price variance analysis.

• Validation of Cost savings and Identification of Impacts in Material Cost.

• Plant wise production and Wastage and Comparing with the Production Budget.

• Analysis of Internal rejections and Highlighting to concerned Plant.

• Monthly Physical Verification and valuation of Inventory.

• Preparation of plant wise Overhead rate and Loading it to the cost of inventory.

• Preparation of Annual Budget and Analysis for Variance.

• Supporting to Statutory Audits and Preparation of Schedules relating to Materials.

• Analysis of Material Account GLs.

• Internal audit coordination and Closing of Internal audit report.

• Handling Cost Audit and Compliance Report.

Team Member - Costing (Aug 11 to Oct 13)

Young Brand Apparel Pvt Ltd, Chennai.

(Garment Manufactures of Leading brands of USA.)

Key Responsibilities

• Comparing BOM with the System BOM provided by Mechandising for each order.

• Preparation of Landed Cost for Raw materials.

• Calculation of Duty draw back and Comparing with Advance Licence to choose better option for each order.

• Post Order costing for Shipment completed Orders

• Preparation Of Chart of Accounts for US Head office

• Maintenance of Costing Records.

• Physical stock verification and Valuation.

• Supporting to Statutory Audit.

KEY ACHIEVEMENTS

• Reduction in MIS reporting from 5 to 3 working days as a part of Six Sigma project

• Successful data migration from NAV 2009 to NAV 2016 related to Finance

• Resolving FC-GPR related long pending issues by interacting with RBI

• Successful implementation of Annual Price list for standard products TECHNICAL ASPECTS

• Participation in Six Sigma Green Belt Training

• Proficiency in MS OFFICE

• Working Knowledge in SAP and Navision.

PERSONAL PARTICULARS

Date of Birth: 05

th

July, 1987

Languages Known: English, Telugu & Tamil

Location Preference: Chennai

Marital Status Married

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