Jasvinder Singh

Financial Planning, Budgeting & Forecasting

• Led annual operating plan, rolling forecasts, and monthly outlook for plant operations.
• Monitored budget vs actual performance and highlighted key deviations with corrective action plans.

Costing, Pricing & Margin Analysis

• Analyzed manufacturing cost structure, product costing, pricing, and margin movements.
• Identified cost drivers, mix impact, and contribution variance to support profitability improvements.
• Reviewed standard vs actual cost variances including material, labor, and overhead.
• Analyzed yield losses, process inefficiencies, and operational gaps in coordination with production.

Managed revenue recognition and scheme accounting

• Ensured accurate recognition of revenue in line with Ind AS 115, including calculation and accounting of schemes, discounts, and incentives, reconciling sales and benefits to reflect true profitability and compliance.

Plant P&L, Contribution & MIS Reporting

• Prepared plant financial statements, contribution analysis, and monthly flash reports.
• Developed MIS for volume, cost, margin, and efficiency.

Inventory Accounting & SAP Controls

• Managed valuation and reconciliation of Raw Material, WIP, and Finished Goods in SAP.
• Ensured accurate absorption costing, slow-moving analysis, and stock provisions.

Capital Expenditure & Fixed Asset Accounting

• Oversaw capitalization of Capex and CWIP as per Ind AS 16 and borrowing cost capitalization under Ind AS 23.
• Conducted physical verification and depreciation calculation as per Schedule II of Companies Act.

Statutory, Tax & Cost Audit Compliance

• Ensured compliance with GST, TDS, Cost Audit, and Statutory Audit requirements.
• Coordinated with auditors and ensured timely closure of audit observations.

Month-End Closing & Controls

• Managed month-end closing, provisions, accruals, and balance sheet reconciliations.
• Ensured SOX compliance and strong internal control framework at plant level.

Reviewed Related Party Transaction (RPT) reports

• Ensured compliance with statutory regulations and Ind AS guidelines, maintaining transparency and regulatory adherence.

TDS and GST compliance processes

• Ensured compliance by deducting TDS as per applicable sections such as 194C(contractor), 194J (Professional and Technical services), 194H(Commission), 194I( Rent), 194R(Additional perquisites), and 194Q(Material), maintaining accuracy in payments and statutory adherence.
• Managed preparation, reconciliation, including GSTR-1,GSTR-3B, and GSTR-2B, ensuring accuracy, and resolution of discrepancies.
• TDS on GST as per section 51 of CGST ACT reconciliation

Cross-Functional Business Partnering

ERP & Process Improvement

• Partnered with Production, SCM, and Quality teams to drive cost reduction and efficiency initiatives.
• Supported operational decision-making through financial analysis and scenario modeling.
• Strengthened SAP controls for costing, inventory, and asset management.
• Implemented process improvements to enhance accuracy, automation, and audit readiness.

Administered import and domestic inventory accounting

• Performed detailed stock reconciliations, valuation exercises, and aging analysis, ensuring accurate reporting and optimal inventory management.
• Managed processing and three-way validation of vendor invoices
• Validated 500+ invoices per month, ensuring accuracy, compliance with contractual terms, and timely posting in ERP systems.

Oversaw monthly vendor payment processes

• Handled payments exceeding ₹1.30(Foreign and Domestic) via LC/TT/NEFT/RTGS, ensuring adherence to approval matrices and efficient cash flow management.

Directed month-end and year-end financial closing activities

• Managed provisions, accruals, and ledger review to ensure completeness, accuracy, and compliance with accounting standards.
• Conducted detailed product costing and BOM analysis
• Evaluated material, labor, and overhead costs, reviewing margins to guide pricing decisions and improve profitability.
• Supported internal, statutory, and cost audits
• Prepared reconciliation schedules, supporting documentation, and resolved audit observations promptly.

Reviewed Related Party Transaction (RPT) reports

• Ensured compliance with statutory regulations and Ind AS guidelines, maintaining transparency and regulatory adherence.

TDS and GST compliance processes

• Ensured compliance by deducting TDS as per applicable sections such as 194C(contractor), 194J (Professional and Technical services), 194H(Commission), 194I( Rent), 194R(Additional perquisites), and 194Q(Material), maintaining accuracy in payments and statutory adherence.
• Managed preparation, reconciliation, including GSTR-1,GSTR-3B, and GSTR-2B, ensuring accuracy, and resolution of discrepancies.
• TDS on GST as per section 51 of CGST ACT reconciliation

Maintained fixed asset register and depreciation schedules

• Oversaw capitalization and conducted periodic physical verification of assets for accurate reporting.
• Led integration of enterprise systems
• Implemented SAP, pRM360, Asset Infinity, and Skelta workflow automation to streamline financial and operational processes.

Refined financial and operational workflows

• Improved efficiency and internal controls through system integration and process improvement initiatives.
• Coordinated cross-functional system go-lives
• Worked with IT, procurement, finance, and operations teams to ensure smooth implementation with minimal disruption.

Designed and conducted user training and SOPs

• Enhanced system adoption, process efficiency, and reinforced internal controls across departments.

Invoice Processing & Procurement Support

• Performed end-to-end invoice booking and verification ensuring accuracy and compliance with company policies.
• Created purchase requisitions and purchase orders for Marketing and Factory requirements in ERP.
• Ensured timely three-way matching of PO, GRN, and invoices and resolved discrepancies with vendors and internal teams.

Inter-Company Reconciliation

• Managed reconciliation of inter-group company accounts including Auto Cars, JLL, Infodart, KAIL (Kolkata & Mumbai), PE Electronics, Planet M Retail, Synergy, Tekcare, Techno Kashipur, Techno Mumbai, VALUE, VIL-1100, VIL-C, VTL, AIL, UNITY, CENTURY, and MAIL.
• Coordinated with group finance teams to resolve inter-company balance mismatches and ensure timely confirmations.

MIS & Financial Reporting

• Conducted detailed GL scrutiny and expense analysis, ensuring proper accounting and rectification of mispostings.
• Followed up with insurance companies for settlement of pending insurance claims.
• Prepared and circulated periodic purchase, sales, stock transfer, and closing stock reports to management and insurers.
• Coordinated with insurance companies for addition and deletion of locations under insurance coverage.
• Prepared statutory liability reports for group entities (VIL & PMPL) including GST, TDS, and other regulatory dues.

Audit & Compliance Support

• Handled internal, statutory, and group audit queries by providing schedules, reconciliations, and supporting documents.
• Ensured timely resolution of audit observations and compliance with internal control requirements.

Invoice Processing & Procurement Support

• Managed end-to-end invoice processing including validation, booking, and compliance checks as per company policies and GST regulations.
• Created and processed Purchase Requisitions (PR) and Purchase Orders (PO) for Marketing and Plant operations in ERP.
• Performed three-way matching (PO–GRN–Invoice) and resolved price, quantity, and tax variances through coordination with vendors, procurement, and stores teams.

MIS & Financial Reporting

• Conducted detailed General Ledger scrutiny and expense analysis to identify mis posting, accrual gaps, and classification errors.
• Prepared and circulated periodic MIS including purchase, sales, stock transfer, and closing inventory reports.
• Followed up with insurance companies for settlement of claims and maintained updated insurance coverage records.
• Coordinated for addition and deletion of locations and assets under insurance policies.

Audit & Compliance Support

• Supported internal, statutory, and group audits by preparing reconciliations, schedules, confirmations, and supporting documentation.
• Ensured timely resolution of audit observations and strengthening of internal controls and compliance processes.

Managed Accounts Payable (AP) operations

• Performed MIGO/MIRO transactions in SAP, ensured accurate invoice processing, and generated daily reports to track payments, inventory movements, and ledger updates.
• Letter of credit issuance and amendments
• Month end closing activities

Managed Accounts Payable (AP) operations

• Performed MIGO/MIRO transactions in SAP, ensured accurate invoice processing, and generated daily reports to track payments, inventory movements, and ledger updates.
• Letter of credit issuance and amendments
• Month end closing activities