CMA PAYAL SALVI
Mumbai,
Summary
Dynamic Costing expert with significant experience at Dow Chemical International, specializing in product costing and variance analysis. Skilled in SAP S/4 HANA, I excel in high-pressure environments, guaranteeing compliance and precision. Possessing a robust command of Project Management, my exceptional analytical abilities and meticulous attention to detail foster successful financial results and improve operational efficiency.
Overview
4
4
years of professional experience
Work History
Controllers Coordinator - Cost Accounting (North America)
Dow Chemical International Pvt Limited
Navi Mumbai
03.2024 - Current
- New product costing of finished goods, packing material, and raw material.
- Confirming BOM and routing setup for in-house materials. Calculating freight, warehouse, and duty costs for intercompany materials. Checking agreements and PIR setup for third-party purchased materials.
- Product cost estimate and monthly variance analysis of the current month's standard cost and future month's standard cost.
- Compliance and control for stock take observation and paper reconciliation
- Capital charge calculation of existing and new assets.
- Miscellaneous billing of contracts with JV, intercompany, and third party.
- Daily tracking of statement balances for exchanges, swaps, and tolls, and following up on balance confirmations.
- I have taken complete transition from the North America team for the above work process.
Finance Trainee
Hindustan Coca-Cola Beverages Private Limited
Wada
12.2023 - 03.2024
- Examining PR and its approval.
- Assisting auditors in physical verification of stock.
- Tracking cost lines.
Cost Trainee
CEAT Limited
Mumbai
08.2023 - 12.2023
- Preparation and Tracking of Daily Operating Expense.
- Releasing Conversion Cost on Daily Basis.
- Maintaining Daily Budget Requirements and Standard Cost.
- Preparation of Monthly Conversion Cost and Reporting of Monthly Production Data.
- Reporting of Indirect Material and Scrap generated during the Month.
- Analysis and Reporting of Monthly Input Output Data.
- Physical Verification and Working of Inventory at Month End.
Cost Trainee
JOSHI APTE & ASSOCIATES COST ACCOUNTANTS
Mumbai
05.2021 - 08.2022
- Assisted seniors in conducting Cost Audits and Cost Sheet preparation.
- Assisted Clients in preparation and filing CRA 2 and CRA 4.
- Prepared and Validated XBRL and XML files of Cost Audit Report for filing with MCA.
- Physically Verified and Reported Fixed Assets of Respective Client.
Education
Cost Accounting AIR 33
ICMAI
06-2023
Bachelors of Commerce -
Mumbai University
Maharashtra04.2022
HSC -
Maharashtra Board
Maharashtra02.2019
SSC -
Maharashtra Board
Maharashtra03.2017
Skills
- Project management
- Team collaboration
- Effective communication
- Point of contact
- Adaptability and flexibility
System Proficiency
- Hands on Experience of SAP S4 HANA.
- Proficient in using MS Office.
- Tally ERP.
- XBRL Validation Tool Software.
Accomplishments
- Qualified Cost and Management Accounting with All India Rank 33, June 2023.
Languages
English
First Language
Affiliations
I have been involved in the transition of work processes from the North America Team, demonstrating flexibility with respect to time zones to ensure that the entire transition proceeds smoothly and that no details are overlooked. Additionally, I am responsible for training new employees on the work processes. I maintain continuous engagement with stakeholders and strive to meet their expectations.
Timeline
Controllers Coordinator - Cost Accounting (North America)
Dow Chemical International Pvt Limited
03.2024 - Current
Finance Trainee
Hindustan Coca-Cola Beverages Private Limited
12.2023 - 03.2024
Cost Trainee
CEAT Limited
08.2023 - 12.2023
Cost Trainee
JOSHI APTE & ASSOCIATES COST ACCOUNTANTS
05.2021 - 08.2022
Cost Accounting AIR 33
ICMAI
Bachelors of Commerce -
Mumbai University
HSC -
Maharashtra Board
SSC -
Maharashtra Board
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