Summary
Overview
Work History
Education
Skills
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Custom
Languages
Affiliations
Accomplishments
Certification
References
Timeline
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MANALI JAGTAP

Mumbai,mahar

Summary

A Senior-level Financial Professional holding more than ten (10) years of experience in Accounting & Finance presently serving as a Controllers Technologist, Excellence in financial activities relevant to Cost Accounting services, Budgeting, Accruals, GRIR Clearing, Accounts Payable, Purchasing and Expenses. Proficient in Reviewing product cost estimate, performing variance analysis for current standard cost vs future standard cost, Performing pre costing roll analysis and resolve the errors after each roll, Performing moving average price movement/variance analysis, reconciling inventoried and non-inventoried material G/L account imbalances. Pivotal at prioritizing analysis for the closure of aged open items. Competent in doing analysis and Processing postings with all the SAP aspects. Articulate communicator with outstanding analytical abilities, problem-solving, decision-making and interpersonal skills. Skilled in digital tools like Power BI, Power Automate and VBA coding.

Overview

13
13
years of professional experience
4
4
years of post-secondary education
1
1
Certification

Work History

Cost accountant

Dow Chemical International Pvt. Ltd.
Mumbai, Maharashtra
12.2019 - 04.2025
  • Successfully completed North America process transition and travelled to United States, Midland
  • Effectively executed Global Power BI dashboard for North America Transition process
  • Accomplished vendor follow-up automation resulting in a saving of 1368 hours yearly
  • Exceptionally executed the quarterly reconciliation macro project leading to a reduction of 350 hours annually
  • Efficiently completed GRIR control project
  • Actively engaged with stakeholders to clear around 100-line items about closed project POs from manual clearing template (Robo Error)
  • Skillfully expedited macro project on GRIR day-to-day control dashboard, leading to process enhancement
  • Ensures accounting activity recorded within the company’s records and books are accurate and complete. Responsible for
    budgeting, product costing, recording, reporting, analyzing and communicating functional/business activity results.

  • Perform moving average price movement/variance analysis and provide justification/reason for the variance for above threshold items

    Global reporting’s for APAC, EMEAI, NAA and LAA as per the agreed timeline with stakeholders

    Performing paper reconciliation in coordination with plant/inventory contacts, supply chain contacts and cost accountant. Reconcile the difference between system stock and physical count along with justification and adjustment entries

    Collaboration/support to EMEAI/APAC based cost accountants with various reports related to costing

    Handling new material ID (NMIs) creation request on daily basis, coordinating with various stakeholder if the request goes into dependencies

    Helps facilitate the budget setting process and monthly/quarterly estimate process

    Strictly adhering to global timelines and managing various stakeholders’ expectations
    GRIR Process:

    Accountable for reconciling inventoried material G/L account imbalances on trade and intercompany purchase orders

    Appropriately reconciling non-inventoried material G/L account imbalances on Zcap (of the project) and services relevant purchase orders

    Carrying out account maintenance entries post essential follow-ups and business finance approval as per the global process documents | Scheduling analysis for the closure of aged open items

    Settling system error concerns by employing detailed checks and delivering the required information to the stakeholder (Midland team) | Coordinating with stakeholders and internal team rendering solutions to issues & responding to queries

    Arranging and furnishing the quarter-end Blackline reconciliation for the scope GL accounts and discharging sign off within a definite timetable | Convincing different reporting requests and examining for function

    Collaborating between functional leaders and finance function | Building dashboard for day-to-day and monthly reporting

    Tracking and sustaining work processes assuring internal controls in data integrity

    Identifying new material and costing the same as per different kinds of requests

    Conducting analysis and sign off for inventory linking actual stock at the plant and stock entries in the SAP system

    Serving as a work process specialist (Focal point) for ROBO Error and KP audit

    Expediting PO creation for the inter-company rebilling process concerning admin and engineering services

    Helping Cost Accountant with numerous reports and analysis

Sr. Finance Specialist - Accounts Payable

NVent Thermal Management India Pvt. Ltd.
11.2015 - 11.2019
  • Company Overview: Formerly, Pentair Thermal Management India Pvt. Ltd.
  • Ensures accounting activity recorded within the company's records and books are accurate and complete. Responsible for budgeting, product costing, recording, reporting, analyzing and communicating functional/business activity results.
  • Perform moving average price movement/variance analysis and provide justification/reason for the variance for above threshold items
  • Global reporting's for APAC, EMEAI, NAA and LAA as per the agreed timeline with stakeholders
  • Performing paper reconciliation in coordination with plant/inventory contacts, supply chain contacts and cost accountant. Reconcile the difference between system stock and physical count along with justification and adjustment entries
  • Collaboration/support to EMEAI/APAC based cost accountants with various reports related to costing
  • Handling new material ID (NMIs) creation request on daily basis, coordinating with various stakeholder if the request goes into dependencies
  • Helps facilitate the budget setting process and monthly/quarterly estimate process
  • Strictly adhering to global timelines and managing various stakeholders' expectations
  • Formerly, Pentair Thermal Management India Pvt. Ltd.

Sr. Accounts Payable Associate

WNS Global Services Pvt. Ltd.
08.2013 - 11.2015
  • Accountable for reconciling inventoried material G/L account imbalances on trade and intercompany purchase orders
  • Appropriately reconciling non-inventoried material G/L account imbalances on Zcap (of the project) and services relevant purchase orders
  • Carrying out account maintenance entries post essential follow-ups and business finance approval as per the global process documents | Scheduling analysis for the closure of aged open items
  • Settling system error concerns by employing detailed checks and delivering the required information to the stakeholder (Midland team) | Coordinating with stakeholders and internal team rendering solutions to issues & responding to queries
  • Arranging and furnishing the quarter-end Blackline reconciliation for the scope GL accounts and discharging sign off within a definite timetable | Convincing different reporting requests and examining for function
  • Collaborating between functional leaders and finance function | Building dashboard for day-to-day and monthly reporting
  • Tracking and sustaining work processes assuring internal controls in data integrity
  • Identifying new material and costing the same as per different kinds of requests
  • Conducting analysis and sign off for inventory linking actual stock at the plant and stock entries in the SAP system
  • Serving as a work process specialist (Focal point) for ROBO Error and KP audit
  • Expediting PO creation for the inter-company rebilling process concerning admin and engineering services
  • Helping Cost Accountant with numerous reports and analysis

Associate

STATE STREET Syntel Services Pvt. Ltd.
11.2011 - 08.2013

Education

Certified Management Accountant - Accounts

Institute of Management Accountants
United State of America
02.2024 - 02.2025

Bachelor of Commerce (B. Com) - accounting

Mumbai University
Mumbai, Maharashtra
03.2006 - 03.2009

Skills

  • Cost Accounting services
  • Product Cost Estimate
  • Budgeting
  • Accrual postings
  • GRIR Clearing
  • Stakeholder Management
  • Intercompany Reconciliation
  • Accounts Payables
  • Contracts Auditing
  • Vendor Management
  • VBA coding
  • Analytical and Decision making
  • Dashboard Building
  • SAP FICO
  • DOLPHIN
  • Power BI
  • Power Automate
  • Power Query
  • Operating Systems Windows 98 & 2000
  • XP Professional
  • Software MS-Office
  • Advanced excel proficiency
  • Knowledge of gaap
  • Knowledge of ifrs
  • Bank reconciliations
  • Invoice processing
  • Inventory management
  • Bookkeeping
  • VBA macro skills

Custom

  • Dow Chemical International Pvt. Ltd., Successfully completed North America process transition and travelled to United States, Midland, Effectively executed Global Power BI dashboard for North America Transition process, Accomplished vendor follow-up automation resulting in a saving of 1368 hours yearly, Exceptionally executed the quarterly reconciliation macro project leading to a reduction of 350 hours annually, Efficiently completed GRIR control project, Actively engaged with stakeholders to clear around 100-line items about closed project POs from manual clearing template (Robo Error), Skillfully expedited macro project on GRIR day-to-day control dashboard, leading to process enhancement
  • NVent Thermal Management India Pvt. Ltd., Recipient of appreciation from purchasing team for processing invoices and disbursing payments on time to vendors, Meticulously cleared GR/IR clearing backlog for a considerable amount, Cleared intercompany payments

Languages

English
Proficient (C2)
Hindi
Proficient (C2)
Marathi
Proficient (C2)

Affiliations

  • Travelling

Accomplishments

Dow Chemical International Pvt. Ltd.

  • Successfully completed North America process transition and travelled to United States, Midland
  • Effectively executed Global Power BI dashboard for North America Transition process
  • Accomplished vendor follow-up automation resulting in a saving of 1368 hours yearly


NVent Thermal Management India Pvt. Ltd.


  • Recipient of appreciation from purchasing team for processing invoices and disbursing payments on time to vendors
    Meticulously cleared
    GR/IR clearing backlog for a considerable amount
    intercompany payments

Certification

  • Certified Management Accountant from Institute of Management Accountants, United States in 2025

References

References available upon request.

Timeline

Certified Management Accountant - Accounts

Institute of Management Accountants
02.2024 - 02.2025

Cost accountant

Dow Chemical International Pvt. Ltd.
12.2019 - 04.2025

Sr. Finance Specialist - Accounts Payable

NVent Thermal Management India Pvt. Ltd.
11.2015 - 11.2019

Sr. Accounts Payable Associate

WNS Global Services Pvt. Ltd.
08.2013 - 11.2015

Associate

STATE STREET Syntel Services Pvt. Ltd.
11.2011 - 08.2013

Bachelor of Commerce (B. Com) - accounting

Mumbai University
03.2006 - 03.2009
MANALI JAGTAP