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
Proficient with MS Word
Proficient with Power Point presentation
Experience with Zoho
Experience with Odoo
Experience with ERP
Experience with Tally
Experience with SAP software
Leading teams
Motivating others
Making strategic decisions
Adjusting to changing circumstances
Learning new skills
Building relationships
Communicating effectively
Working with diverse individuals
Negotiating
Establishing agreements
Optimizing supply chain performance
Cost-efficiency
Continuous learning
Reflecting on mistakes
Taking proactive steps
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