BHAVIN BHAMMAR
Chartered Accountant
Summary
As an experience track record in finance, accounting, and FP&A, I have developed a range of skills in financial analysis, forecasting, budgeting, and reporting. My strategic financial initiatives have driven business growth and produced exceptional results. With over six years of extensive experience, I actively seek out opportunities to optimize financial performance and enhance organizational profitability
Overview
6
6
years of professional experience
Work History
Senior Manager
Reliance Retail LTD
11.2022 - Current
- Profitability Management
- Preparation of Forecasted Profit & loss with discussion with all the stakeholders
- Tracking the Price and the COGS Movement and identifying its impact on the profitability
- Presenting the detailed level Profit Variance Analysis to the management-Identifying Price, Cost, Mix, Volume and other variances
- Analysis the scheme floated are well with the targeted budget
- Preparation and Reporting Model wise profitability report
- Reporting other internal reports to the management i.e Tracking Market Share, Competitors Price analysis
- Detailed Preparation of 5 years annual plan with co-ordination with each stakeholders and aligning the Plan with company vision
- Capex project - Calculation of Project PL and payback period
- Focus on Automation in the current reports for the organization.
Senior Manager
CLR Facility Services Pvt Ltd
06.2021 - 11.2022
- Performance review & Business Planning –
- Preparing the overall business plan of the company for significant trends and identifying issues
- Preparing and Presenting the Monthly MIS to the management with detailed analysis report on each business function
- Presenting the business plan to the investors for the growth and expansion of the company
- Identifying potential target companies for buy side acquisition
- Finance and Accounts–
- Review the monthly accounting closures and preparation of the financials as per the accounting standards
- Co-ordination with the auditors and ensure timely completion of statutory/internal audit
- Dealing with the bankers for additional fund
- Review of Statutory compliances (Direct and Indirect Tax)
Asst Manager
LG Electronics, Majithia &Associates
Mumbai
05.2017 - 05.2017
- Performance review & Business Planning –
- Preparing performance report of the company & analysis these reports for significant trends and identifying issues
- Detailed variance analysis of sales, profits, fixed costs, manufacturing expense etc
- Tracking movement of Price's & raw material costs and quantifying their impact
- Product-level profitability reports, progress against planned targets
- Analysis of financial data, preparing & presenting the MIS to the management;
- Suggesting & taking the necessary actions for low profit segments to improvise the performance
- Budgetary Control –
- Presenting monthly cost to the management and highlighting major deviation with respect to target and forecast
- Working closely with a diverse team for Implementing various overhead cost saving projects
- Inventory Management (Long Term & Others) & DIO reporting., Statutory Audit with due exposure in Finalization of accounts, Ledger scrutiny, Compliance with Various laws and regulations and reporting thereof of various companies which also included listed companies (Engineering , Construction Companies, Ship Breaking, Textiles)
- Exposure of Direct Taxation with respect to Tax Advisory, Scrutiny Assessments, Litigations and return filling for various entities
- Due Diligence reporting of few corporate entities
- Treasury Audit of Bank
- Statutory Audit of Insurance Companies
- Internal Audit Assignment of a Service Industry
- (Mainly Hotels and Restaurants)
- Academic Qualification:
- Examination
- Month & Year
- Institute
Education
HSC(XII) -
Narsee Monjee College of Commerce
I.C.S.E - undefined
Little flower School
CA - undefined
ICAI
ICAI - undefined
Skills
Business planning
Timeline
Senior Manager
Reliance Retail LTD
11.2022 - Current
Senior Manager
CLR Facility Services Pvt Ltd
06.2021 - 11.2022
Asst Manager
LG Electronics, Majithia &Associates
05.2017 - 05.2017
HSC(XII) -
Narsee Monjee College of Commerce
I.C.S.E - undefined
Little flower School
CA - undefined
ICAI
ICAI - undefined
Similar Profiles
Vipul ShuklaVipul Shukla
Regional Omni Manager and RFID Project Lead at Reliance Retail LtdRegional Omni Manager and RFID Project Lead at Reliance Retail Ltd
Muzammil Ahmed MulkiMuzammil Ahmed Mulki
Senior Category Manager - MWO | PG | GC at Reliance Retail LtdSenior Category Manager - MWO | PG | GC at Reliance Retail Ltd
ASHOK KUMARASHOK KUMAR
Assistant Warehouse Manager at Reliance Retail LtdAssistant Warehouse Manager at Reliance Retail Ltd
Manjunath GManjunath G
Compliance Head & Executive Process Excellence at Reliance Retail LTDCompliance Head & Executive Process Excellence at Reliance Retail LTD
ASHWINI S.LASHWINI S.L
Senior Manager at Treebo Hospitality VenturesSenior Manager at Treebo Hospitality Ventures