Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
CORE COMPETENCIES
LEADERSHIP VALUE
Generic
AJINKYA RAUT

AJINKYA RAUT

Costing And MIS Professional
Mumbai,MH

Summary

Strategic Costing & MIS leader with 18+ years of experience driving cost optimization, margin improvement, and finance transformation across pharmaceutical and manufacturing organizations including JB Pharma and Cipla Ltd. Expert in standard costing, budgeting, cost governance, SAP CO/FICO environments, and business partnering. Proven ability to build scalable costing frameworks, strengthen financial controls, and deliver actionable insights to senior leadership to improve profitability and operational efficiency.

Overview

19
19
years of professional experience

Work History

Senior Manager – Costing & MIS

JB Pharma (Subsidiary of Torrent Pharma)
04.2024 - Current
  • Lead enterprise costing, MIS, and margin analytics for leadership decision support.
  • Delivered BU-wise COGS, gross margin, and PVM variance insights.
  • Strengthened cost governance via COPA and Standard Cost reconciliation.
  • Led factory overhead allocation and SAP standard cost release.
  • Implemented automation (inventory valuation Z-reports, budgeting tools).
  • Led cost audits and improved financial controls and reporting accuracy.
  • Impact: Improved costing accuracy, reduced manual effort, enhanced audit readiness

Manager – Costing & MIS

JB Pharma (Subsidiary of Torrent Pharma)
01.2022 - 03.2024

Manager – Costing & MIS

Cipla Ltd
04.2017 - 01.2022
  • Managed end-to-end plant costing and margin analytics.
  • Delivered COGS analysis, variance reporting, and cost optimization insights.
  • Supported Make vs Buy analysis and strategic initiatives.
  • Led budget consolidation and performance reviews.
  • Strengthened inventory valuation controls and compliance.
  • Impact: Identified cost savings opportunities and improved plant performance visibility

Management Staff – Costing & MIS

Cipla Ltd
08.2009 - 03.2017

Trainee – Costing

Cipla Ltd
08.2008 - 07.2009

Junior Executive – Accounts & Finance

Radhakrishna Hospitality Pvt Ltd (Sodexo)
07.2007 - 07.2008
  • Prepared MIS reports, reconciliations, and vendor accounting.

Education

Intermediate Cost Accountancy -

Institute of Cost Accountants of India

Bachelor of Commerce - undefined

University of Mumbai

Skills

SAP CO

Accomplishments

  • SAP Core Team Member — Controlling Module Implementation (2014)
  • Finance Achievers Award — Cipla (2018)
  • JB Star Award of Excellence (FY 2022–23)
  • JB ACE Awards — Q2 FY 2021–22 & Q4 FY 2023–24

Timeline

Senior Manager – Costing & MIS

JB Pharma (Subsidiary of Torrent Pharma)
04.2024 - Current

Manager – Costing & MIS

JB Pharma (Subsidiary of Torrent Pharma)
01.2022 - 03.2024

Manager – Costing & MIS

Cipla Ltd
04.2017 - 01.2022

Management Staff – Costing & MIS

Cipla Ltd
08.2009 - 03.2017

Trainee – Costing

Cipla Ltd
08.2008 - 07.2009

Junior Executive – Accounts & Finance

Radhakrishna Hospitality Pvt Ltd (Sodexo)
07.2007 - 07.2008

Bachelor of Commerce - undefined

University of Mumbai

Intermediate Cost Accountancy -

Institute of Cost Accountants of India

CORE COMPETENCIES

  • Cost Management
  • Standard & Product Costing
  • Budgeting & FP&A
  • PVM Analysis
  • Cost Audit
  • Inventory Valuation
  • SAP CO/FICO
  • Financial Planning
  • Automation & Process Improvement
  • Business Partnering
  • Strategic Decision Support

LEADERSHIP VALUE

Strategic finance partner known for driving automation, strengthening governance, enabling data-driven decisions, and collaborating effectively across functions to improve margins and operational efficiency.
AJINKYA RAUTCosting And MIS Professional