Dashrath R Jaroli
Vadodara
Summary
Dynamic finance professional with extensive experience at Merino Industries Ltd, excelling in cost accounting and budget forecasting. Proven track record in developing impactful MIS reports and leading cross-functional teams. Skilled in SAP and audit coordination, driving efficiency and accuracy in financial operations while enhancing inventory management processes.
Overview
22
22
years of professional experience
Work History
Senior Manager (MIS /Controlling)
Merino Industries Ltd
Halol
10.2024 - Current
- Managed complete costing, MIS, and budgeting activities to ensure accurate financial oversight.
- Established plant costing function and developed various reports related to MIS and controlling.
- Develop various MIS reports for Plant Controlling function
- Reviewed all expenses in general ledger and implemented necessary corrections for improved accuracy.
- Oversaw weekly cash flow to ensure accurate financial tracking.
- Developed SOPs to facilitate seamless execution of daily tasks.
- Budgetary Control, APEX review
- Resolve the Query of internal audit
Sr. Manager (MIS /Controlling)
PI Industries Ltd
Ankleshwar
03.2023 - 10.2024
- Managed complete costing, MIS, and budgeting activities to ensure financial accuracy and reporting
- Coordinated plant finance activities, including monthly provisions and GRN clearance, to maintain financial integrity
- Maintained accuracy in job work reconciliation
- Handling Inventory Management
- Handling Cost Audit
- Support in Month end activity
- Support in statutory audit
- Prepared various MIS activities related to plant controlling, supporting informed decision-making
DY. Manager (Accounts /Finance)
Shaily Engineering Plastics Ltd
Vadodara
06.2021 - 03.2023
- Executed month-end closing activities, finalizing P&L and balance sheet to ensure accurate financial reporting
- Prepared quarterly results in compliance with IND AS, enhancing transparency and stakeholder understanding
- Handling of Quarterly Internal Audit, Quarterly Statutory Audit, Cost Audit
- Compiled inventory data and generated month-end MIS reports to support informed decision-making
- Day to day Accounting / Handled all Vendor Reconciliation / Vendor Payment
- Oversaw fixed asset accounting to maintain compliance and accuracy.
- Weekly AP aging analysis for Cash flow
- Led a team of five members to achieve departmental goals.
DY. Manager (Finance /Costing)
Lear Automotive India Pvt Ltd.
Halol
08.2010 - 06.2021
- Performing key role in monthly closing & forecasting activity ( P&L and Balance sheet Finalization)
- Variance analysis – Detail analysis of Material Cost variance, Usages Variance , Yield variance
- Regular tracking of the BOM with Engineering Team based on the actual consumption of the product and analysing the impact on the operating income
- Led budget preparation and adjustments to align with financial goals.
- Implemented Standard costing for all variants and products at plant level
- Preparation of the cost sheet based on the product structure and product mix
- Monthly Inventory valuation as per FIFO Valuation
- Performing key role in SOX audit related to finance and costing area
- Analysis and tracking of E & O Inventory
- Monthly reconciling of the COGS with the Trial Balance / Product Line
- Preparation of the CAS4 Certification for Transfer Price on regular basis to the existing and new variants and getting the attestation from the practising Cost Accountant
- Allocation of Labour and overheads based on program wise on monthly basis (conversion cost calculation and analysis)
- Preparation of monthly product-wise Gross/ Net Margin Analysis (PPR Analysis)
- Analysis of Variance Analysis on monthly Basis (PPV+MUV)
- Work with Operation Team for new VAVE + Cost Reduction Ideas
- Preparation of Quotation of New Launch Programme
- Complete Tracking of purchase saving
- Performing key role in preparation of in Budget preparation and rolling forecast.
- Capex Monitoring with reference to budget and Actuals.
- Independently handling Cost Audit
- Responsible for stock audit, replying to queries of statutory auditors
- Key Member to perform Physical Inventory verification
- Handling Statutory Audit
- Managed routine accounting functions to maintain financial records.
- Intercompany unit reconciliation
- Collaborated on plant-level cost-saving initiatives, enhancing overall cost efficiency.
- Familiar with Hyperion Financial Management module with reference to loading of data and report review.
Asst. Manager (Finance /Costing)
GMM Pfaulder Ltd.
Anand
08.2009 - 08.2010
- Prepared monthly product profitability report to analyze financial performance.
- Updated standard costs to ensure accurate financial forecasting.
- Conducted inventory valuation for raw materials and finished goods to support financial reporting.
- Oversaw accounts payable aging processes to strengthen vendor relationships.
Sr. Officer-Finance Costing
Refron Valves ltd, Inox Group
Baroda
12.2006 - 07.2009
- Delivered monthly management reports that informed strategic decision-making.
- Performed inventory valuation, supporting accurate financial reporting and effective stock assessment.
- Facilitated monthly and quarterly returns, enhancing accuracy of inventory tracking.
- Analysis Actual Job Cost for Sold Product
Sr. Officer- Costing
Panchmahal Steel
Baroda
05.2005 - 11.2006
- Conducted a comprehensive cost audit to ensure accuracy.
- Conducted cost audits identifying discrepancies in financial reporting
- Analysis Actual Job Cost for Sold Product
- Generated monthly reports for management review.
- Managed the passing of RM vouchers and ensured proper accounting.
Executive
Bell Grantio Ceramics Ltd.
Baroda
04.2004 - 05.2005
- Worked as executive costing/finance.
- Led operational strategies to enhance production efficiency and workflow management.
- Mentored junior staff on best practices in ceramics manufacturing and quality control.
- Oversaw inventory management, ensuring optimal stock levels for production needs.
Education
ICWA -
ICWAI- Calcutta
06.2009
M.Com -
MLSU Udaipur
04.2001
B. Com -
MLSU Udaipur
04.1998
Skills
- Financial analysis
- Budget forecasting
- Cost accounting
- MIS reporting
- Audit coordination
- Analytics application
- Data interpretation
- SAP
- ERP
- HFM Hyperion
- Oracle System
- Inventory management
- Team leadership
- MIS development
- Financial reporting
- Budgeting activities
- Resource allocation
Languages
- English
- Hindi
- Gujarati
Personal Information
- Date of Birth: 10/21/78
- Marital Status: Married
Timeline
Senior Manager (MIS /Controlling)
Merino Industries Ltd
10.2024 - Current
Sr. Manager (MIS /Controlling)
PI Industries Ltd
03.2023 - 10.2024
DY. Manager (Accounts /Finance)
Shaily Engineering Plastics Ltd
06.2021 - 03.2023
DY. Manager (Finance /Costing)
Lear Automotive India Pvt Ltd.
08.2010 - 06.2021
Asst. Manager (Finance /Costing)
GMM Pfaulder Ltd.
08.2009 - 08.2010
Sr. Officer-Finance Costing
Refron Valves ltd, Inox Group
12.2006 - 07.2009
Sr. Officer- Costing
Panchmahal Steel
05.2005 - 11.2006
Executive
Bell Grantio Ceramics Ltd.
04.2004 - 05.2005
ICWA -
ICWAI- Calcutta
M.Com -
MLSU Udaipur
B. Com -
MLSU Udaipur