Pankaj Kumar

CA, CMA, EGMP

E-mail:adnmdj@r.postjobfree.com Address: House No.3729, First Floor

Cell: 974-***-**** 10th Cross, 13 B Main, HAL 2nd stage,

Date of Birth: 28 December, 1975 Bengaluru,India, PIN-560038

Professional Qualifications:

Executive General Management Program (EGMP) – IIM Bangalore: 2014

Chartered Accountant (CA): Jan 1999 and Cost Management Accountant (CMA): Sep 1998

First Class B.Com (Hons) Graduate from Kolkata University: Sep 1997

Profile Summary:

Highly accomplished, results driven finance professional with 20 years of progressive experience in finance and operations management with the manufacturing / engineering setup of Indian and foreign MNC's.

Worked in business partnership role along with senior management team for the last 10 years for delivering value to the organisation by driving growth, profit, process improvements and change management.

Possess solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.

Excellent cross-functional management skills including working across geographies and interaction with senior management.

Worked in ERP- SAP, JDEdwards andBaaN and database systems – Cognos and HFM.

Areas of Excellence:

Business Controller, Management Reporting-MIS, Financial planning, analysis(FP&A) and Control;

Budgeting, Forecasting, Business Strategy, Cost control (CoE), Working Capital management;

Capex, Project costing and financial evaluation(NPI /NPD business case);

SOX, Enterprise Risk Management (ERM), Internal Finance Controls (IFC);

Systems development and implementation, process improvement initiatives.

Professional Experience:

1. Organisation:Goodrich Aerospace Services Private Limited, Bengaluru(Apr’17 to Present)

Designation:Senior Manager

Company Profile: Goodrich Aerospace Services Private Limited,is a subsidiary of Collins Aerospace(US based multinational), holds a unique position in the aerospace sector and are the pioneers in creating ecosystem in India.The company is in the business of assembling/manufacturing aircraft evacuation systems, lighting systems, cargo systems, seating systems, electrical power systems,since 1996 in India and also provides engineering services for the design and development of various aircraft products, engineering software and embedded software.

Collins Aerospace, a Raytheon Technologies subsidiary, is one of the world's largest suppliers of aerospace and defence products, headquartered in Charlotte, North Carolina.

Reporting: Finance Director

Responsibilities: Business Controller, InternalControls & Complianceand Transfer Pricing

Responsible for month close activities accounting for Inventory, revenue,expenses and fixed assets, reserves(provision) - E&O,WIP and uploading the data into HFM.

Responsible for monthly financial performance report (MIS)as a part of R2R process to the Indian senior management team and parent value stream along with commentary for the key financial targets, risks and opportunities.

Finalise the annual budget,the monthly forecast and Long Range Plan (5 years Plan) with the Indian senior management team and parent valuestream.

Control and manage operational and product costs to improve the EBIT performance.

Reviewer of capex for the new projects and review the capex spend against the plan.

Ensure internal financial controls environment is established and in conformance with US GAAP, SOX and all legal and statutory requirements.

Publish Transfer prices for all value streams of the India site by keeping proper costing records.

Achievements:

Drove the collection of aged receivables of INR 68 Million in Actuation in 2019.

Stabilised the operations data reporting in Profit Assurance file as per GOS format in 2019.

Project leader for the work transition related to month end close and FPA activities for few of the global sites of legacy UTAS Interiors business as a pilot project in 2018.

Initiated BU wise profitability framework in engineering vertical to bring visibility to the business in 2018.

Imparted training to 2 batches of FUEL program candidates on “Concepts in Finance” in 2018 and 2017.

Contributed as Project Leader for streamliningof the Non INR vendor payments in 2017.

Drove the collection of aged receivables of INR 500 Million at the Engineering division in 2017.

2. Organisation: Weir India Private Limited, Bengaluru (Apr’11 to Mar’17)

Designation: Senior Manager - Financial Analyst

Company Profile: Indian subsidiary of Weir Group Plc., headquartered in Glasgow, Scotland.

The group has large presence in mining, power, oil and gas sectors by providing engineering solutions.

Weir India Private Limited is the management entity of Weir Group’s India operation and has 2 lines of business:manufacturing of Pumps (Weir Minerals India Pvt Ltd) and Valves (Weir India Pvt Ltd.).

Reporting: Regional Finance Controller

Responsibilities: MIS, Budgeting, Financial Control, Risk Management andCapex

Responsible for the timely, accurate monthly MIS and detailed analysisof business performance of the India region along with commentary for the key financial targets.

Monthly financial performance report to Indian senior management team and corporate office in Glasgow.

Accounting control through monthly review of financial statements with Regional Finance Controlleras per IFRS accounting standards.

Lead the annual budgeting (AOP) and quarterly forecasting exercise for India region.

Project leader for cost control initiatives throughout the organisation under the Centre of Excellence (CoE) program and worked closely with senior management team to drive process and cost improvements.

Facilitate business risk management through preparation and review of quarterly risk dashboard.

PMO-financial analyst for controlling and tracking of capital expenditure of India Region.

Involvement in 5 year strategic planning and tracking of milestones to support growth initiatives.

Preparation of presentations for quarterly Indian board meetings and senior management reviews.

Finance Controller for Corporate Office-India Region.

Achievements:

Implemented Internal Finance Control (IFC) reporting framework in 2016.

Imparted “Finance for Non Finance” training for batches of internal talent pool in 2016.

Mentored 2 MBA summer intern on Budgeting and Risk Management in 2015 and 2016.

Contributed in reduction in the working capital by INR 161 million at India Region level through detailed analysis, operational improvements and monitoring in 2012(CoE project).

Formulated and introduced engineering cost management program across the organisation in 2012.

Implemented the process flow for capex and engineering spend in the newly acquired business in 2011.

3. Organisation: Tata Motors Ltd, Pune (Apr’05 to Mar’11)

Designation: Divisional Manager- R&D Centre (Joined as Senior Manager)

Company Profile: Tata Motors is the largest Indian multinational automotive manufacturing company.

State-of-the-art R&D centres and design studios are located at Pune, Jamshedpur &Lucknow (India) and TMETC, UK and are making path-breaking innovations that are driving the form and performance of future vehicles.

Reporting:Vice President- Business Planning

Responsibilities:R&D Centre –Accounting (IGAAP, US GAAP), Audit, MIS, Business Planningand SOX

Control and monitor the accounting at R&D centres across the company.

Report the monthly MIS for the project wise R&D expenditure to the senior management.

Preparation of annual budget & 5 Years Strategic business plan.

Coordinate with various departments to ensure material processes and controls are incorporated into the compliance process in a timely manner as required by Sarbanes Oxley Act (SOX).

Responsible for statutory audit, costaudit, tax audit and SOX audit.

Filing of data for tax benefit under u/s 35 (2ab) of Income tax and replying to the queries by tax authorities.

New Product Introduction (NPI/NPD)- Project CostingandFinancial Evaluation

Evaluation of the project financial viability (business case)of the projects at the different gateways.

Monitoring and reporting the project cost incurred to the senior management of the company.

Achievements:

Selected for the final phase of Talent Pool in FY 2009-10.

Successfully completed the SOX compliance for the R&D centre.

Developed web based system to track vehicles for outdoor testing and expense tracking.

Implemented the Hyperion system for budgeting exercise across the R&D Centres.

Mentored 4 MBA summer interns on business case preparation and evaluation.

4. Organisation: Cabot India Ltd, Mumbai (Sep’04 to Mar’05)

Designation: Deputy Manager

Company Profile: Indiansubsidiary ofCabot Corporation, USAand manufactures carbon black. Cabot is a leading global specialty chemicals and performance materials company with over 130 years of existence. The Group supplies its products to businesses in the rubber, inks, paints and polishes industries.

Reporting: Country Finance Head

Responsibilities: Accounting and MIS

Control and monitor the monthly book closing process.

Report to the corporate office in US and Asia Pacific Regional Office in Malaysia on the monthly financial performance.

Preparation & analysis of monthly MIS & working capital for business control.

Achievement:

Implemented Fixed Assets module in ERP- JD Edwards.

5. Organisation:Godrej & Boyce Manufacturing Co. Ltd, Mumbai (July’01 to Sep’04)

Designation: Deputy Manager-Prima Division

Company Profile: Godrej & Boyce has 15 diverse business divisions offering consumer, office, and industrial products and services in India and across the globe.

Godrej-Prima division deals with digital products and beverages vending machines.

Reporting:Divisional Finance Head

Responsibilities: MIS, Audit, Budgeting and Costing

Analysis of divisional operating performance through monthly MIS.

Preparation and analysis of working capital to facilitate effective control.

Evaluation of the business proposals for trading business.

Assist the Finance Head in preparation of annual budget & strategic plans.

Achievements:

Ranked 3rd in the 360 degree appraisal conducted in March 2004 across the division.

Contributed in achievement of the break even for the division in FY 2003-04 by evaluating business proposals and reduction in the working capital through detailed analysis.

6. Organisation: Adsteam Agency India Ltd, Mumbai (Feb’00 to June’01)

Designation: Area Accountant-Western Region

Company Profile: Indian subsidiary of Adsteam Marine, Australia, having more than 100 years of experience in shipping sector.

Adsteam Agency offers a host of integrated services that caters to the various requirements of the clients and candidates of the maritime industry.

Reporting: Western Region Business Head

Responsibilities: Accounting, Audit, Budgeting and MIS

Supervising the monthly book close activities of the Western Region.

Preparation and analysis of the Monthly MIS reports and review with Western Region Business Head and Country Finance Controller.

Assist the Country Finance Controller in preparation of the MIS for the India Region.

Review the disbursement accounts of the “Principals”.

Drive the collections from the “Principals” on periodic basis.

Liaisoning with banks for foreign inward/outward remittance from/to the “Principals”.

Preparation of TDS Certificates and filing of TDS Returns.

Responsible for the statutory audit of the Western Region and assist Country Finance Controller in the consolidation and finalisation of the statutory audit for the India Region.

Prepare and review of the annual budget with Western Region Business Head and Country Finance Controller.

Assist the Country Finance Controller in preparation of the Annual Budget pack for the India Region.

Achievement:

Improved the collections and invested the cash surpluses into fixed deposits for the Western Region.

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