Senior Manager - Master Data (Finance)
Unilever
04.2022 - Current
Hi, I’m
RAGHU PATHY
Senior Manager - Master Data - PEC
Bangalore
Summary
Versatile Senior Manager specializing in Finance, Process Excellence and skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. History of cultivating an open culture with free exchange of information. Pursuing new professional challenges with a growth-oriented company.
Work History
UnileverBangalore
Senior Manager - Master Data (Finance)
04.2022 - Current
Job overview
- Responsible for overall transformation and future of MDM operations through technology and people
- Working on the glidepath for efficient, centralized and harmonized MDM Delivery
- Lead the overall finance master data cost objects maintenance
- Lead a team of SMEs by cost objects and technology
- Work with 3rd party service provider for MDM operations
- Partner and Deliver key transformational projects
UnileverBangalore
Senior Manager - Process Excellence RTR
01.2020 - 03.2022
Job overview
- Responsible for the process design and technology of Taxation (Direct and Indirect) and Fixed Asset accounting and IFRS 16 under Record to Report function
- Design, manage and support the use of R2R Global Process Model (GPM) across Unilever and work with Commercial Experience LT for GPM Compliance
- Ensure Process Design and Delivery of major transformation programs
- Create and maintain R2R GPM process & control knowledge in RTR area
- Develop a high performing team of subject matter experts
- Translate business / financial accounting requirement for IT design in SAP to drive compliance and improvement opportunities RTR financial accounting areas
UnileverBangalore
Lead – Project Silver
03.2018 - 01.2020
Job overview
- Project Role to execute the disposal deal of Unilever’s Spreads Business to Upfield (KKR Entity)
- Operationalized the carve out of Spreads P&L from Unilever’s systems to ensure right profit repatriation
- Designed and operationalized a new service line within Commercial Experience for Sundry Invoicing Process for all transactions between Unilever and Upfield
- Developing the operations for Strategic Management Fee Model
- Developed a capability with Strategic Partner (Capgemini) to set up operations for services to Upfield as part of TSA
- Created Training Modules and Training Champions for country cascades
- Ensuring thorough compliance with Global Process Models for all the services designed as part of TSA
- Commercial, Forecasting, Budgeting for Project Silver from Comex
- Leading the Exit of the TSAs across countries in series of waves involving
UnileverBangalore
Manager - Data and Analytics
08.2015 - 03.2018
Job overview
- Prepared variety of different written communications, reports and documents (Management Reporting)
- Addressing business queries - through structured governance calls and managing change requests
- Co-ordinate the transition - of operations/reports/processes from countries to UniOps D&A teams
- Drive process and cost improvements - for simplification and standardization of information.
- Collaborated with team members to achieve target results.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
NestléPunjab
Manager- Finance
12.2012 - 08.2015
Job overview
- Budgeting, Managing and Controlling Factory overheads
- Budgeting, Managing and Controlling of Capital Expenditure - Including evaluation of Capex Proposals
- Fixed Assets Management – including 100% physical verification and tagging
- Inventory Counts for the raw materials, packaging materials, WIP and finished goods
- Inventory Control – on ageing inventory and obsolete inventory
- Reporting and Period End Closing
- Maintenance of Cost Buckets
- Dynamic/Rolling Forecast and managing skew
- Commercial Negotiations - Including Sundry, Indirect Materials, Scrap Contracts and services
- Vendor Management – dealing with daily vendor operations
- Liaison with Local Govt
- Authorities on Corporate Affairs
- Internal Control and Conducting Statutory Audits.
NestléGoa
Assistant Factory Controller
11.2009 - 12.2012
Job overview
- Standard Cost Budget - develop manufacturing standards, budget overheads and for SKU allocation
- Continuous Improvement – Coordinating the various cost saving initiatives, validation, and reporting
- Inventory Control – Conducting Stock Counts
- Dynamic Forecasting – Regularly reviewing the standards, spends and drivers and updating the forecasts
- Performance Reporting - Preparing factory MIS
- Period End Closing Steps – ML run and factory accounts closure
- Evaluating Capital Expenditure proposals and new projects
- Supplementary and Indicative Costing – Developing Costing Standards for new SKUs
- Internal Control and Statutory Audits.
NestléGurgaon
Assistant Manager
04.2008 - 11.2009
Job overview
- Overhead’s control – for South Asia cluster
- Co-ordinating spends review meetings with Category finance
- Variance analysis for overheads – Factory overheads, Marketing, and other general expenses
- Co-ordinating Price Meetings for budgeting and dynamic forecasting
- Monitoring the skew of the expenses
- Developing the Standard Cost Budget (Operating Plan) while working in tandem with the factory teams.
AccentureBangalore
Insurance Analyst and Processor
01.2005 - 01.2006
Job overview
- Analyzing the insurance policies to estimate the amount that can be withdrawn
- Processing various requests like partial withdrawal, loans, full surrenders, maturities, easy systematic payments on the policies based on IRS laws
- Attempt to conserve the policies being transferred to other insurance providers initiated at the request of policyholder
- Finding out any discrepancies in the financial transactions.
Education
ICFAI BUSINESS SCHOOLHyderabad
MBA from FINANCE, MARKETING
01.2006 - 01.2008
Ramjas CollegeDelhi University
Bachelors of Commerce from Accounting
07.2002 - 07.2005
Skills
Simplification
Additional Information
- Part of Project Silver, deal of 6.7 Billion Euros for disposal of Unilever Spreads Business to Upfield (KKR Entity)
- Deep Dive of the reporting process for Unilever – Latin America to align with the global standards
- Operations Lead for landing Future Finance Project in line with the Global Strategy of Unilever.
- Record INR 20 million of savings in one year to ensure cost control.
- Part of the Brownfield Project of Nestle (Expansion of a culinary unit in Bicholim – Goa)
- Awards
a) Comex Agile High Performer in 2018 (Individual Award)
b) Comex Be Your Customer in 2021 (Individual Award)
Timeline
Senior Manager - Process Excellence RTR
Unilever
01.2020 - 03.2022
Lead – Project Silver
Unilever
03.2018 - 01.2020
Manager - Data and Analytics
Unilever
08.2015 - 03.2018
Manager- Finance
Nestlé
12.2012 - 08.2015
Assistant Factory Controller
Nestlé
11.2009 - 12.2012
Assistant Manager
Nestlé
04.2008 - 11.2009
ICFAI BUSINESS SCHOOL
MBA from FINANCE, MARKETING
01.2006 - 01.2008
Insurance Analyst and Processor
Accenture
01.2005 - 01.2006
Ramjas College
Bachelors of Commerce from Accounting
07.2002 - 07.2005
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