Summary
Overview
Work History
Education
Skills
Awards
Personal Information
Timeline

Abhishek Kumar

Faridabad

Summary

Seasoned executive with 20+ years of financial leadership in the footwear industry, specializing in optimizing cost structures and enhancing margins across manufacturing and retail operations. Proven track record of initiating Greenfield and complex Brownfield Projects within budgetary constraints. Experienced in managing expatriates during unionized manufacturing unit closure, collaborating with design, production, and supply chain teams to align financial goals with product lifecycle. Demonstrated achievement in leading plant operations, crafting manufacturing strategies, ensuring production stability, facilitating workforce training, and deploying Quality Management Systems (QMS) and Performance Management Systems (PMS). Proficient in analyzing processes, recommending adjustments to streamline operations, enhance efficiency, manage costs, and reduce cycle times. Skilled in Quality Improvement and Manufacturing Excellence Tools & Techniques such as Six Sigma, 5S, TQM, TPM, ISO, Kaizen, and Lean Manufacturing. Exceptional people management skills and adept at navigating change seamlessly.

Overview

20
20
years of professional experience
2009
2009
years of post-secondary education
2
2
Languages

Work History

Unit Manager , Manufacturing

Bata India Limted
04.2014 - 03.2022
  • Managed payroll data entry and processing for [Number] employees to comply with predetermined company guidelines.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Collaborated with cross-functional teams to drive process improvements and cost reductions.
  • Established clear communication channels between finance department staff to encourage knowledge sharing.
  • Played a key role in mergers and acquisitions, conducting due diligence and integrating financial systems seamlessly.
  • Supported strategic initiatives by providing insightful data-driven recommendations.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Addressed clinical issues promptly to reduce risks associated with patient care or operational inefficiencies in the unit.
  • Enhanced operational efficiency, redesigning workflow processes.
  • Assisted in development and implementation of policies, procedures, and regulations for unit operations.
  • Collaborated with store manager to maintain daily operations.

Finance Manager

Bata India Limited
02.2006 - 03.2014
  • Oversaw monthly financial and operational performance.
  • Led annual budget finalization and monthly budget vs. actual reviews.
  • Finalized production plans and monitored performance against targets.
  • Developed and tracked budgets and financial forecasts aligned with business goals.
  • Analyzed financial data to identify trends and drive performance improvements.
  • Managed commercial activities to ensure alignment with financial strategies.
  • Handled financial operations, including related-party transactions and parent company dealings.
  • Implemented cost-saving measures to enhance efficiency and profitability.
  • Mitigated financial and operational risks.
  • Contributed to business planning and strategic initiatives.
  • Held review of the Annul / monthly / Quarterly production and expenses with all India manufacturing head.
  • Complete the Finalization of the annual Business plan.
  • Conducted the weekly review with cross functional team including HR, production, quality, procurement & finance to drive continuous improvement initiative.
  • Liaison with the government department like Pollution & Environment, PF & Labor, MCF for smooth operation of the plant.
  • Conducted ongoing negotiation with the union.
  • Demonstrated exceptional negotiation ability with Union for achieving Voluntarily Retirement Scheme (VRS).
  • Achieved successful resolution of over 900 cases.
  • Accountable for resolving all pending union cases/demands during the closure period.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Increased financial efficiency by streamlining and automating financial reporting processes.
  • Led negotiations for major contracts, achieving favorable terms and significant cost savings.

Senior Accountant – Account Receivable

Action International - Action Shoes Group
05.2002 - 01.2006
  • Proactively prepared debtor’s reconciliation and diligently following up on accounts receivables to ensure timely payments and effective management of outstanding balances.
  • Ensured meticulous maintenance of statutory books of accounts, including journal, ledger, cash book, and subsidiaries, in strict adherence to established time and accuracy norms.
  • Skillfully prepared comprehensive financial statements, encompassing the P&L Account, Balance Sheet, and Annual Reports, to provide an accurate representation of the company's financial position.
  • Implemented stringent controls on creditors' payments and ensuring timely settlement of all statutory dues.
  • Managed all interactions with banks and financial institutions to secure working capital and term loan accounts.
  • Meticulously prepared and submitted Service Tax and Sales Tax Returns in compliance with all relevant regulations.
  • Thoroughly compiled & analyzed MIS reports on expense sheets and conducted comprehensive profitability analysis.

Education

PGDBA -

Symbiosis

M.Com. - undefined

Dr. Bhimrao University

B.Com. - undefined

Dr. Bhimrao University

Skills

ADONIS (Oracle Based Accounting Package)

Awards

Special recognition by Country Head Bata India for successfully closure of the two-manufacturing unit through amicable negotiation with unions.

Personal Information

Date of Birth: 05/16/78

Timeline

Unit Manager , Manufacturing - Bata India Limted
04.2014 - 03.2022
Finance Manager - Bata India Limited
02.2006 - 03.2014
Senior Accountant – Account Receivable - Action International - Action Shoes Group
05.2002 - 01.2006
Dr. Bhimrao University - M.Com.,
Dr. Bhimrao University - B.Com.,
Symbiosis - PGDBA,

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