Mahesh Kumar

Business Finance:

For SSC/Factories: -

· Driving & validation Supply chain centers (SCC) Productivity initiatives reducing cost per pie

· Analysis and deep dive of actuals Vs Budget Vs RE, Logistics & SCC spend- Nature, Manufacturing line & location wise.

· Driving savings initiative & validations of saving, In-house vs outsource- manufacturing council

· Monthly preparation SCC G&A and Logistic analysis and timely reporting to the FP&A and SCC Head.

· Detailed analysis of SCC G&A and Logistics cost with the root cause of variances.

· Developing the corrective action plan in discussion with functional head/related head of the department.

For Sri Lanka Business: -

· Prepare Monthly and Quarterly P&L, MIS and revenue analysis with key takeaways

· Prepare Restaurant profitability for EBU and International Subsidiaries at Regional, Circle, Tier and product level (vs Budget vs Last year)

· Monthly Analysis past results, perform Variance Analysis, identify trends and make recommendation for improvements

· Lead the annual budgeting process and collaborate for the preparing the forecast and financials plan.

· New restaurant’s business cases & ROI’s

Procurement Finance

· Tendering & Negotiations

· Maintaining the competitive bidding

· Forwarding buying & storages (Inventory holding & carrying cost)

· Driving Sourcing saving initiative

· Import related documentations

· Potential Expiry analysis

· Working Capital Improvement- Inventory, Creditors Days

Project Finance

· Finance support for New commissary

· Prepares the Budget & cash flow with tracking

· Validation & driving for payback period – new projects (Capex as well as Opex)

· Size for Prize working, ROI, Payback, Tracking actual vs payback

· Make Vs Buy Decision

· Renewables energy projects with PPA closure.

· Set up Capex Governance framework

· MOOWR, PMKSY, PLI

Fixed Asset

· Capitalization of the all the Greenfield’s & Brownfield projects with all the allocations

· Ensure that all the additions of fixed assets in commissaries/factories entered in SAP/FAR.

· Any deletion of fixed assets/change in location of fixed assets only after prior approval of SCC HOD and Maintenance HOD and correspondence changes in FAR.

• Lead & Implemented the PMKSY (Pradhan Mantri Kishan Sampdha-Mistry of Food & Processing of India) at Jubilant Foodworks and received the Grant of Rs 5 Cr
• Implemented the Moowr Scheme at Jubilant Foodworks for Mumbai & Bangalore Plants and received the Customs & IGST Duty Benefits of Rs 25 Cr
• Received the Annual Chairperson award at Pan India level on successful completion of Jubilant Food Park Bangalore Project in FY 24
• Managed a Project work which worth INR 147 Crores and achieved the saving of INR 3 Crore by successfully implementing the Strategic Pricing Technique and with strong negotiation
• Handled the WelcomHotel Bhubaneswar Project Opening with Chief Minster Inauguration.
• Completed the Audit of ITC Narmadha Project (Value Rs 670 Cr)
• Handled a Project of INR 989 Crore (Wipro Campus SEZ site - Bengaluru) and done a custom duties benefits through High Sea Sale of INR 2 Crore with good liaison with SEZ officer(s)

• Handling the finance and accounts and managing a team size of 10 persons with mix bag of experience
• Preparing budget allocation & utilization plans and cost & overhead analysis reports of the project and managing the working capital
• Conducting monthly analysis & reporting of product cost variances against targets; highlighting risks and opportunities as identified by other departments
• Develop and continually improve budgeting, financial projections, and operating forecasts.
• Focusing on all the vendors domestic & import payments & reconciliation of vendors’ outstanding
• Negotiating & selecting contractors/suppliers on the basis of their cost, capabilities, and qualifications for the project
• Collaborating with internal departments on evaluating the cost impact of changes in design
• Ensuring the implementation of standard operating procedures on the Finance Department. Ensuring the quarterly & annual closing of books of accounts and preparation of financial statements as per accounting standards
• Filing GST & TDS returns along with all the reconciliation of GSTR 9, GSTR3B, ITC-04 and ensuring full input tax credit availment & utilization
• Leveraging knowledge of Good and Service Tax (GST), Value Added Tax (VAT)/ Central Sales Tax (CST) in understanding the business and correlating implications and benefits
• Maintaining and reconciling accounts as well as preparing reports; creating, documenting, and posting complex journal entries; recording various intercompany transactions and cost allocations
• Adhering to accounting controls by following policies, procedures in compliance with legal and regulatory requirements
• Accomplishing periodic reconciliations of selected ledger accounts on a monthly or quarterly basis