Dhananjay Mohite
Pune
Summary
Accomplished Accounting Manager at John Deere India Pvt. Ltd., recognized for expertise in financial management, reporting, controlling, and forecasting. Successfully led teams to optimize accounting operations through system improvements, resulting in significant efficiency gains. Proficient in GAAP and variance analysis, consistently delivering precise financial reports and strategic insights for informed decision-making. Strong leadership and analytical skills drive effective solutions that enhance organizational performance.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Accounting Manager
John Deere India Pvt. Ltd.
Pune
06.2019 - Current
- Leading a shared service function for various accounting supports of R1 branches: AP, GL Accounting, Assets and Lease Accounting, Treasury, etc.
- People Manager: Handling a team of 11 employees.
- Analyzed actual financial results to budget, preparing variance reporting to functional groups.
- Led special projects, such as system implementations and process redesigns, to enhance accounting operations and efficiency.
- Prepared financial statements and reports for management review.
- Managed payroll processes, ensuring timely and accurate payment to all employees.
- Analyzed financial data to identify trends, perform variance analysis, and recommend financial actions.
- Collaborated with finance and accounting departments to deliver comprehensive financial information to facilitate decision making for management, stakeholders and parent company.
- Managed month-end and year-end close processes, ensuring timely and accurate financial reporting.
- Managed accounts payable and receivable, ensuring timely processing and collection.
FP&A Manager
John Deere India Pvt. Ltd.
Pune
01.2016 - 06.2019
- Compared monthly forecasts with actual financial results.
- Conducts overhead budget vs. actual analysis.
- Managed warranty and Product Improvement Program accounting.
- All types of purchase order approvals from finance.
- Analyzed business performance data and forecasted business results for upper management.
- Coordinated cross-departmental projects to ensure timely and successful completion.
- Established and monitored KPIs to evaluate performance and identify areas for improvement.
- Established effective relationships with internal stakeholders to facilitate budget process.
- Evaluated cost savings initiatives for potential implementation within departments.
- Monitored actual expenditures against approved budgets.
- Developed and implemented financial strategies to maximize profits and reduce costs.
- Managed fixed asset accounting activities such as tracking depreciation, disposals, additions, transfers.
Section Manager (Costing & Inventory)
John Deere India Pvt. Ltd.
Pune
02.2012 - 01.2016
- Sales and COGS reconciliation.
- Analyzing the gaps and justifications to management through product mix, volume, and price variances.
- Material cost increase analysis through CMS.
- Material variance analysis and discussion with SCM to understand the reasons.
- C/P ratio computation and discussion with the marketing team to make them aware of the average gross profit per unit.
- Inventory Valuation.
- Physical verification of inventory.
- Inventory Rejection and Obsolescence
- Monthly reconciliation of production, sales, and inventory.
Intern (Indirect Taxation)
John Deere India Pvt. Ltd.
Pune
03.2010 - 02.2012
- Managed & Controlling the Cenvat Entries
- Preparation & Submission of Excise and service tax returns
- Managed service tax & SAD refunds
- Co-ordinating with the excise & service tax department
- Handling VAT assessment
- Vendor Master creation
Education
Executive MBA -
Symbiosis University
05.2023
Cost & Management Accountant (ICWA) -
Institute of Cost & Works Accountant
Kolkata06.2011
Master of Commerce -
Pune University
05.2011
Skills
- Month-end reporting
- Financial statement presentations
- Fixed Asset Accounting
- Inventory and Costing
- GAAP understanding
- Variance analysis
- AP/AR supervision
- Cost reduction
- Account reconciliation
- Forecasting
- Financial management
- People management
- Proficient in MS Office
- ERP Module Knowledge: FI-CO, MM, SD
Accomplishments
- S4 Hana Integration Implementation
- CFIN Project
- Overheads Reduction Project
- Lease Accounting Implementation
- Apex Award - Employee of the Year
- Emerging Leader of the Year Award
Certification
- Certified Lean Practitioner
- Fellow Member of ICWA
Timeline
Accounting Manager
John Deere India Pvt. Ltd.
06.2019 - Current
FP&A Manager
John Deere India Pvt. Ltd.
01.2016 - 06.2019
Section Manager (Costing & Inventory)
John Deere India Pvt. Ltd.
02.2012 - 01.2016
Intern (Indirect Taxation)
John Deere India Pvt. Ltd.
03.2010 - 02.2012
- Certified Lean Practitioner
- Fellow Member of ICWA
Executive MBA -
Symbiosis University
Cost & Management Accountant (ICWA) -
Institute of Cost & Works Accountant
Master of Commerce -
Pune University
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