HIRA SINGH
Delhi
Summary
Manager - Costing, Pricing, offering over 10 years’ experience in developing, implementing, and leading numerous projects which were successful in improving Product Costing, Pricing, Budgeting & Inventory Analysis across Electronics, Pharmaceuticals, and IT Company
Overview
10
10
years of professional experience
1
1
Certification
Work History
Manager-Costing (Commercial/Pricing)
Merino Consulting Services Ltd
08.2020 - Current
- Developing comprehensive commercial frameworks and pricing models that are tailored to meet the needs of customers, including designing pricing models for fixed projects, time and materials, and service and support models.
- Overseeing the end-to-end commercial structuring of deals, which includes negotiating terms and conditions, managing pricing, and overseeing contract management
- Preparing detailed project cost sheets and conducting thorough margin analysis reports, which are used to inform decision-making and ensure profitability
- Calculating Cost rates, overhead rates, and sales rates periodically
- Preparing monthly project performance and Line of business wise P&L
- Allocating Resource budget and monitoring/controlling of budget
- Preparing project dashboard and profitability analysis for project review meetings
- Evaluating resource consumption and optimizing it to minimizing the cost
- Monitoring project Earned Value Analysis (EVA), Cost Performance Index (CPI) and Schedule Performance Index (SPI)
- Preparing monthly resource utilization report and highlighting improvement areas
- Preparing monthly resource wise profitability statement and suggesting improvement plan.
Manager-Costing/Pricing
STJ Electronics Pvt Ltd
08.2017 - 08.2020
- Developed pricing strategy that allowed for customization from the customer's perspective, including designing pricing models for fixed projects, time and material, and service and support.
- Spearheaded efforts to renegotiate and restructure deals that involved complex and challenging customer negotiations that were up for renewal
- Responsible for costing electronic products, as well as standard software and customized solutions.
- Evaluated costs for new products; generating product price list with revised prices
- Prepared departmental budgets, monitoring progress and amending the budgets
- Compiled production sales and profitability reports that provide management with timely and accurate information for decision-making
- Monitored quarterly over-stocking, under-stocking & slow-moving stock analysis; ensuring raw material valuation and consumption analysis
- Analyzed purchase price variance and raw material cost variance
- Supervised all month-end closing activities, financial reporting inclusive of extensive manufacturing and operating variance analysis followed with detailed root cause analysis and recommendations for corrective action
Manager-Costing & Internal Audit
Ozone Pharmaceutical Pvt Ltd
12.2013 - 03.2017
- Administered product costing, divisional profitability analysis, quarterly stock verification, material requirement planning (MRP analysis)
- Prepared monthly material consumption, variance analysis reports, production MIS and input-output analysis
- Finalized monthly departmental budgets, monitored and controlled
- Steered annual cost audit and prepared necessary reports as per statutory format
- Assisted in all India Clearing & Forwarding Agents (CFA) audit as per company’s norms
- Drafted bank reconciliation statement and cash flow statement of the Group
- Addressed income tax cases details and submitted to the authorities
Education
Cost & Management Accountant (CMA) - Costing, Financial Management, Accounting, Tax
Institute of Cost Accountants of India
Delhi12.2009
Bachelor of Commerce - Costing, Accounting, Financial Management, Tax
Delhi University
Delhi, India10.2006
Skills
Project Costing
Pricing Strategy
Deal desk operations
Project Performance P&L
Resource P&L
Product Costing
Certification
Building a Company's Budget
Project Management
Blockchain for Business
Timeline
Manager-Costing (Commercial/Pricing)
Merino Consulting Services Ltd
08.2020 - Current
Manager-Costing/Pricing
STJ Electronics Pvt Ltd
08.2017 - 08.2020
Manager-Costing & Internal Audit
Ozone Pharmaceutical Pvt Ltd
12.2013 - 03.2017
Cost & Management Accountant (CMA) - Costing, Financial Management, Accounting, Tax
Institute of Cost Accountants of India
Bachelor of Commerce - Costing, Accounting, Financial Management, Tax
Delhi University
Building a Company's Budget
Project Management
Blockchain for Business
Similar Profiles
N Maruthi RamChandar ChandarN Maruthi RamChandar Chandar
SOLUTION ARCHITECHT – Logistics at Merino Consulting ServicesSOLUTION ARCHITECHT – Logistics at Merino Consulting Services
Leah WhittLeah Whitt
Warehouse Operations Training Lead- USA at Merino Consulting Services (1 Year Contract)Warehouse Operations Training Lead- USA at Merino Consulting Services (1 Year Contract)
ANIL BARKHANEANIL BARKHANE
Assistant Manager at Merino GroupAssistant Manager at Merino Group