Sumit Rawat

49/6, Sector-1, Pushp Vihar, M.B.Road, New Delhi - 110017

Contact: +91 9873266774; E Mail-ID: [email protected]

Finance professional seeking a challenging position: offering an insightful experience in Finance

Controlling & Reporting, FP&A, ISC, Product Costing, MIS, Budgeting & Forecasting.

PROFILE

 Competent & committed Professional with Cost & Management Accountant (CMA) & M.COM (from
IGNOU) Offering around 5.5 years of post-qualification experience in multi-level roles in finance and
costing & Budgeting.
 Skills - Accounting ~ GL Account Reconciliation ~ Intercompany Billing ~ Production ISC Reporting
~Budgeting & Forecasting ~ FP&A ~ Product Costing & Manufacturing Controlling ~ Profitability &
Contribution Analysis ~ MIS ~ Cost Compliance records ~ Exposure of Product Costing in SAP.
 Ability to complete assigned tasks under pressure on committed deadlines and have ability to manage
even last moment change with ease.

 Experience & Role in Federal Mogul Goetze India Ltd as Assistant Manager,
Finance Controlling & Reporting, Budgeting & Forecasting (Sep-2018 to Present)

 Preparation of monthly Financial review Deck for presenting results to management as compare to LY
and Budget.
 Preparation of Weekly/Monthly/ Quarterly/yearly Profitability forecast.
 Preparation and Updating BOM on monthly basis. Comparison of Raw material consumption
according to BOM.
 Inventory Valuation and Reconciliation as per UGAAP on Monthly basis, including LCM reserve.
 Calculation of Excess & Obsolete stock reserve after discussion with SCM team.
 Preparation of Plant MIS & KPI Report on monthly basis.
 New Product Development & RFQ Costing, coordinating with Engineering team to get all the
data’s required for RFQ.
 Segment and Customer wise Sales Analysis and comparison in between Budget, Flash and Actuals.
 Consumption report of Consumables and Repairs & Maintenance on weekly basis and compare it
with monthly Flash report and analyze the reasons of variation.
 Providing support in Internal audits and fulfillment of SOX compliance requirements.
 COGS and Material Mix reporting.
 Publishing various MIS during the month for high cost object.
o Monthly power consumption report.
o Production report.
o Weekly inventory report.

 Annual Standard Costing in SAP. Calculation Activity Quantity, Activity rates and Raw Material cost
for calculating standard cost of all FG’s. Uploading of templates and run CK40N in SAP for executing
Annual Standard Costing. Resolution of errors during the process.

 Misc. MIS and analysis as and when required by Plant.

 Experience & Role in GENPACT as Assistant Manager, R2R (ISC) Product Costing &
Manufacturing Controlling (Sep-2015 to August 2018)

 Serving Mondelez International (Confectionery, Food & Beverage Co.) (USA & Latin America Region) for
(R2R) ISC Product Costing & Manufacturing Controlling & Reporting.

 Journal Entries & other Activities for:

o Expenses (Accrual & Reversals, Prepaid & Amortizations etc.)
o Inter Company Billing JEs booking Invoices for Recharges.
o Trend Run
 Follow-up with respective RTR and Onshore person on their submissions for accruals/ reversal &
Reconciliation queries for the reason of variance/ deficiency (if any) and confirmation of correct
accounting string and disclosure.

 Period End close support on plant level below mentioned activities in SAP Environment.
o MEC Process (Cost center assessment and allocation then run MEC cycle for calculation and
allocation of cost to all process orders) happened before Material Ledger Run every Period.
o Support ML run related allocations and reclassification Journal entries.
o DUV (Distribute of inventory variance)
o Clearing of expenses after Material Ledger Run.
o Taking all the expenses from Corporate Ledger to Local Ledger.
o Creation of Materials in Master Data.

 Closure of books of accounts and preparing GL Reconciliations in Black line tool for production plants.
 Intercompany Recharges (Re-billing invoices and JE of Freights Services and Trials Expenses).
 Standard Cost updating and maintenance of every product in SAP by CK40N transaction.
 Reporting MIS:
o Production Volume Report (Plant & SKU wise Price Variance impact).
o Expense Report for fixed manufacturing expenses showing period wise budgeted variance.
o Write off reports and write off materials with MIGO transaction.
o CAPEX (Capital projects) and OPEX (Operational Projects) Reporting.
o Consumption Reports and Plant Performance Reporting.
o Reform Analysis & Variance of Actual consumption of component vs. planned Component.
(corporate NA & LA)
 Preparing Monthly Business Review for the Top management by extracting information from the
various reports & presenting Charts, Tables for further strategy building.
 Having Knowledge of Technical execution of Annual Contract (Budget) in SAP.
 Creation and make necessary changes in BOM.
 Preparing Dashboard, SLA’s & KPI’s of the group for Higher Management.
 Responsible for conducting the Audit.
 Proper track of production in every process order during the month.

Knowledge Transfer (OJT) in Genpact Oct 2015 - December 2015

Client: Mondelez International Location: Ecatapec, Mexico (LA)

Mar 2017 - Apr 2017

Location: Buenos Aires, Argentina (SC)
Description: These short term business projects included:
 Managing Team of 2 FTEs and covered 38 activities KT and SOPs.
 Received recognition for success of transaction of OJT Argentina and setup process successfully.
 Received Silver award for Customer Centricity in May 2017.
 Part of One BI (Business Intelligence) team for presenting new reporting model.
 Taking Knowledge transfer from 5 SMEs for more than 450 hours of work.
 Prepared Knowledge Transfer Blue print for 2 Business Units.
 Prepared FTE calculation chart and COPIS training plan on OJT Site.
 Experience & Role in BLK Super Speciality Hospital LTD as Costing & Business
Analyst (July-2014 to August-2015)
Costing and FP&A

 Cost Analysis & Cost Tracing of Various Hospital services.

 Cost Containment by making cost Centers, Revenue & Profit Centers.
 Costing & fixing Pricing of Various services of Hospital.
 Revenue Analysis, Profitability Analysis of Segment Wise & Product Specialty wise
 Assisting Management in Business Analysis of Different Services portfolios of Hospital for Decision
Making.
 Allocation of Common Cost at product level, identifying cost over and under absorption.

 Preparing Product Profitability Statement at EBDT level.

 Reconciliation in between Cost Accounting & Financial Accounting records.
 Costs benefit analysis.

 Experience & Role in CHANDRA WADHWA CO. (Cost & Management Consultancy Firm)
as Costing Executive (7 Months)

 Preparation of Cost Accounting Records u/s 209(1)(d) of the Companies Act, 1956 for Asahi Glass India
Ltd, Samriddhi Automation Pvt Ltd, Atotech India Ltd, Everest Industries, Gail India Ltd., Minda Valeo &
Minda Corp.
 Conducting Cost Audit of Essar Oil Ltd., Gail India Ltd., Atotech India Ltd.
 XBRL filling of Cost audit report.
 Handled various auditing task and prepared reports on auditing activities.
 Conducting Inventory Audit of Subros.

 Experience & Role in Institute of Cost Accountants of India as Cost Trainee (13
Months)

Assisting Director of Department of Training & Placement Directorate in area of maintaining records of
Training & placement certificates & related documents etc.

PROFESSIONAL & EDUCATIONAL CREDENTIALS

COURSE INSTITUTE UNIVERSITY MARKS (DIV)

ICWA (Inter Stage-1) ICWAI ICWAI 57% (2011)

ICWA (Inter Stage-2) ICWAI ICWAI 60.33% (2011)
ICWA (Final Stage-1) ICWAI ICWAI 55.50% (2012)
ICWA (Final Stage-2) ICWAI ICWAI 58.75% (2013)

COURSE UNIVERSITY/ Board MARKS (DIV) YEAR

10th CBSE 76% 2005
12th CBSE 84% 2007
B.com(P) Delhi University 65% 2010
(D.C.A.C)
M.COM IGNOU I Div. 2016
COMPUTER PROFICIENCY
 SAP Environment. (ECC and BI Reporting tool)
 Black line Tool for GL Reconciliation
 Microsoft Office tools MS - Word, MS - Excel, MS - Power Point.

STRENGTHS
 Positive Attitude.
 Solution Oriented approach toward problem solving.
 Open to suggestions for self- improvements.
 Honest with work, family and society.
 Always ready to take initiatives & responsibilities.

PERSONAL PROFILE:

DATE OF BIRTH: 17th Dec1989

FATHER’S NAME: Mr. G.S.Rawat
MARITUL STATUS: Unmarried
GENDER: Male
NATIONALITY: Indian
LANGUAGES KNOWN: Hindi & English
PERMANENT ADDRESS: 49/6, Sector-1, Pushp Vihar, M.B.Road, New Delhi - 110017

DATE:-
PLACE: - (Sumit Rawat)