GAYATRI SATPUTE

Finance & Controller Expertise :

• Preparing and analysis on actual profit on variable costs and ROS to be communicated to the controller.
• Variance analysis of actual vs. standard and finding the root cause.
• Preparation of actual P&L, assets, liabilities, and sales for monthly system updates.
• Summarized cost reduction results for main KPIs to support plant-level analysis.
• Compiled multiple reports on ad-hoc, quarterly, monthly, and annual basis related to standard costing and budget with plant controller.
• Scrap report, energy consumption report, actual expenses report for quality department.
• Preparing presentation on performance for management review with regional controller.
• Monthly book closure & cost run processes to allocate expenses across various cost centers.
• Ensuring accurate accounting by reviewing GL accounts and conveying necessary provisions.
• Recognized areas for process improvements aimed at increasing overall efficiency
• Handle Plants in Asia Prepare & present financial reports.
• Business Partnering & Cost-Benefit Analysis of major expenses
• Product cost & Standard costing, Budgeting, CAPEX controlling, Forecasting, Investment planning
• Fixed Asset depreciation, Transfer pricing, Scrap Analysis, Warranty, Inventory
• Inter company (IC) Sales Planning & recognition. AR, AP
• Risk analysis and mitigation plan to reduce the risk with business help.

Team Handling & Leadership:

• Leading, mentoring & monitoring the performance of the team members.
• Ensure efficiency in process operations and meeting of individual & group Target.
• Process management, nurturing an individual and solving the conflicts.
• Coaching and engaging the team in developing future capabilities
• Client Handling & Business Partnering.
• Driving business performance and decision-making by providing strategic guidance, actionable insights, and recommendations to business stakeholders
• Project & FTE responsibility with cost optimization. Efficiency improvement.
• Hiring and nurturing talent. (Resume scrutiny to Interview Selection)

• Financial Reporting - Month End close process
• Executed monthly closing activities for fixed manufacturing overheads, repairs & maintenance, and variable manufacturing overheads through detailed analysis of adjustments and costs.
• Prepared variance analysis by collaborating with respective teams to identify discrepancies.
• Worked on actual cost of Direct Labor, Analyzing standard cost vs Actual cost Weekly and Monthly basis.
• Reviewed slow-moving and obsolete RM/PM monthly, facilitating timely provisions, write-backs, and write-offs.
• Ensuring timely payments are made to vendors, enabled by having comprehensive tracker for Invoicing and Payments.
• Monthly reviews of CWIP balances, asset readiness assessment and capitalization of assets with detailed breakup with the intent of asset verification and identification at any given point.

• Duty Drawback - Monthly closing activity of Accrual booking for Claim u/s 75 & u/s 74, Booking on account of refunds, offsetting and write off.
• Reconciled claims monthly, ensuring accuracy and compliance with financial regulations.
• Calculation of Taxable value and requesting Permission of Goods cleared for domestic clearance and IGCR Differential Duty Payable and processing.
• Prepared and submitted IGCR application to secure concessional duty rates for imported goods, facilitating cost-effective procurement.
• Submission of Material Receipt Intimation under IGCR to Govt. Department - Working and Filing IGCR Return.
• Prepared MIS report on a monthly basis.
• Assessed financial implications of purchasing versus leasing assets, contributing to informed budget allocation decisions.
• Forecasting of sales moving plan - Accrual booking of RoDTEP Scheme.
• Checking BOM for each model of Finished Good and Approving Brand Rate Application.

• Conducted internal GST audits for various manufacturing companies, ensuring compliance and accuracy.
• Cost audit of various companies.
• Prepared detailed audit reports, highlighting findings and recommendations for improvements.
• Reviewed and verified invoices for accuracy and compliance with company policies.
• Scrutinizing and Verification of ledgers.
• Managed the filing of GST annual returns and organized related documentation.
• Finalization of Accounts and filing ITR.
• Performed fixed asset verification for the company, confirming asset existence and proper accounting treatment.