Ankit Goyal
Hisar
Summary
Results-oriented finance and accounting professional with a versatile skill set seeking to excel in a dynamic work environment. Eager to contribute positively to the organization with efficiency and a can-do attitude.
Overview
10
10
years of professional experience
9
9
years of post-secondary education
Work History
Cost & Inventory Controller
AL-Rabiya Auto Accessories TR
06.2024 - Current
- Company Overview: Remote - Dubai based company
- Conducted monthly sales forecasting and analysis to support procurement and financials planning
- Managed vendor relationships: identified and evaluated potential suppliers, negotiated contracts, and ensured compliance with procurement standards.
- Prepared budgets and performed variance analysis between actuals and budgets to ensure cost-effectiveness and financial control.
- Generated inventory level reports to support efficient and streamlined procurement processes.
- Created detailed product cost sheets and implemented cost control measures to improve profitability.
- Reviewed books of accounts with a focus on the sales and purchase departments to ensure accuracy and compliance in accounting and bookkeeping.
- Prepared Monthly Business Review Meetings (BRM) and Management Information System (MIS) reports, followed by detailed analysis to support strategic decision-making.
- Identified slow-moving inventory items and developed action plans to optimize fund utilization and inventory turnover.
- Managed import logistics, including coordination of international shipments and control of shipping costs to maintain budget efficiency.
- Monitored order tracking and generated MIS reports to ensure timely delivery of goods, minimizing delays and improving supplier and freight forwarder efficiency.
- Managed accounts payable, vendor reconciliation, and bill processing; coordinated payments and negotiated supplier credit terms with international clients to optimize cash flow and vendor relationships.
- Remote - Dubai based company
Inventory and Cost Controller
Hanuman Infra Corp.
03.2021 - 06.2024
- Company Overview: Door Hinges Division
- Conducted monthly forecasting and analysis for the production and purchase departments to support effective budgeting and cost planning
- Preparation of Different inventory level -Reorder level and Maximum Level and safety level
- Preparation of Yearly Budget and budget controlling
- Preparation of BOM of Products
- Product Costing & Analysis.
- Preparation of Monthly BRM & Analysis of BRM data.
- Analysis of variance between actual and budget data.
- Budget Controlling & Cost Optimization
- Monthly Profit & Loss Account & Analysis
- Preparation of Estimated Daily Cost Sheet.
- Supplier payment scheduling and reconciliation and credit negotiation.
- Overall review of Bookkeeping & Accounting.
- Preparation of working Capital Statement for the better Utilization of Funds.
- Door Hinges Division
Executive-Costing
Honda Logistics India Pvt. Ltd.
06.2019 - 12.2020
- Monthly Forecast & Analysis.
- Preparation of Yearly and Half Yearly Rolling Budget and Controlling and Cost Optimization
- Involved in Customer and vendor Negotiation.
- Preparation of Project Cost Sheet
- Vendor selection for project based on industrial criteria- Price, Quality, reliability and compliance with company standard
- Preparation of Monthly BRM & Analysis of BRM data.
- Analysis of variance between actual and budget data.
- Consolidation & Analysis of Monthly MIS data of different Dept.
ASSISTANT MANAGER COSTING
SMC POWER GENERATION LTD.
09.2017 - 06.2019
- Involved in preparation of budget & coordination with different Dept. of company for budget preparation
- Forecasting sales, Trend analysis for making the budget.
- Analysis of variance between actual and budget data.
- Preparation of Monthly BRM.
- Budget controlling & cost optimization.
- Perform financial forecasting and modeling.
- Analyze financial data and create financial models for decision support.
- Analyze past results, perform variance analysis, and identify trends.
- Market research, datamining valuation and industry research.
- Involved in preparation of Monthly profit & Loss A/c.
- Accounts Payable processes, including invoice processing, payment scheduling, and vendor reconciliation.
- Preparation of Working Capital Statement & action plan for better utilization.
- Preparation of Division Wise Cost Sheet.
- Analyze logistic cost and recommend proper allocation of transportation cost.
COSTING TRAINEE
Practicing Cost Accounting Firm
05.2017 - 09.2017
- Maintenance Cost Accounting Record
- Product costing
- Accounts payable and supplier payment coordination
- Analyze Power cost and Capacity of power division and recommend better make or buy decision.
ACCOUNTS EXECUTIVE
Suhani Metacast Pvt. Ltd
05.2015 - 02.2016
- Management of Accounts related to work.
- Indirect tax compliance.
- Product cost calculation.
- Vendor management and analysis of vendor aging.
- Employee cost calculation.
- Raw material data cost preparation and review profit margin.
Education
CMA-India -
INSTITUTE OF COST ACCOUNTANTS OF INDIA
01.2013 - 01.2017
B.Com - undefined
Kurukshetra university
01.2012 - 01.2015
Class 12th - undefined
Adarsh Sr. Sec. School
01.2011 - 01.2012
Class 10th - undefined
Adarsh Sr. Sec. School
01.2009 - 01.2010
Skills
Proficient with MS Excel
Personal Information
- Father's Name: Sanwar Mal Goyal
- Date of Birth: 08/30/95
- Gender: Male
Timeline
Cost & Inventory Controller
AL-Rabiya Auto Accessories TR
06.2024 - Current
Inventory and Cost Controller
Hanuman Infra Corp.
03.2021 - 06.2024
Executive-Costing
Honda Logistics India Pvt. Ltd.
06.2019 - 12.2020
ASSISTANT MANAGER COSTING
SMC POWER GENERATION LTD.
09.2017 - 06.2019
COSTING TRAINEE
Practicing Cost Accounting Firm
05.2017 - 09.2017
ACCOUNTS EXECUTIVE
Suhani Metacast Pvt. Ltd
05.2015 - 02.2016
CMA-India -
INSTITUTE OF COST ACCOUNTANTS OF INDIA
01.2013 - 01.2017
B.Com - undefined
Kurukshetra university
01.2012 - 01.2015
Class 12th - undefined
Adarsh Sr. Sec. School
01.2011 - 01.2012
Class 10th - undefined
Adarsh Sr. Sec. School
01.2009 - 01.2010
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