Summary
Overview
Work History
Education
Skills
Personal Information
Hobbies and Interests
Special Achievements
Career Interest
Languages
Timeline
Generic

RAVINDRA J. DAHITULE

Aurangabad

Summary

To work at the position where I can apply my knowledge and develop my personal skills in accordance with the organization goals, objectives and sustainable development.

Having more than 10 years’ experience in Costing and management accounting and 3 years in Finance & Accounts

Detail-oriented senior accounting professional bringing expertise in quickbooks and financial reporting processes. Several years of progressive experience in the field with a deep understanding of gaap, sarbanes-oxley, and other relevant guidelines. Independent worker successful at meeting strict deadlines, multitasking, and directly dealing with several clients daily.

Seasoned Senior Staff Accountant with comprehensive experience in financial analysis, budgeting and auditing. Strong skills in streamlining financial operations, enhancing accuracy, and improving efficiency. Proven history of utilizing strong accounting acumen to drive success and meet company objectives.

Analytical Senior Staff Accountant known for high productivity and efficiency in task completion. Possess specialized skills in financial analysis, regulatory compliance, and budget forecasting. Excel in critical thinking, problem-solving, and communication, ensuring seamless collaboration and strategic decision-making.

Overview

17
17
years of professional experience

Work History

Sr. Staff Accountant-Cost & Decision making

Perkins India Pvt Ltd
10.2018 - Current
  • Company Overview: Caterpillar Inc
  • Global Material Cost monitoring and Reporting Material Savings: - Monitoring Material Price movements, identify reasons for price change in terms of Commodity changes, Localization, Resource changes, VA Changes, ECN changes etc. Reporting YOY impact of Material Price changes on Finished products Review and approve Tooling investment proposals by calculating Payback Period, IRR and NPV calculation. Analysis of Bill of Material, Material Master review and updated in SAP Setting Standard cost for Direct and Indirect Material Calculate PO to PO and Landed cost saving, Approve Localization saving proposals, Review, Monitor and Reporting Localization saving. Prepare purchase forecast based on planned volume for all Direct Materials.
  • Inventory: - Preparation of Inventory Report for Raw Material, Purchase in Transit, WIP, Finished Goods, Indirect material and Sales in transit etc. Weekly Inventory review with Stakeholders and Report high inventory items, work on Inventory reduction plan. Calculate quarterly Inventory provisions for Obsolescence and slow-moving items. Review and approve scrapping the obsolete materials. Work on Inventory reduction projects including reduction of supplier lead time, manufacturing lead time etc.
  • Inbound and Outbound Freight: - Monthly and weekly monitoring Air Freight, Ocean Freight, Local freight and Packaging cost. Ensure timely expense booking, post the accruals at month end in case of short booking due to wrong invoice, wrong PO etc. Preparation of Freight forecast. Work on Cost saving projects such as Container utilization, packaging optimization, route optimization etc.
  • Management Reports: - Preparation of Expense forecast and monitoring actual expenses Vs Plan Preparation of Tooling Capital forecast and monitoring Actual Vs Plan Preparation of Depreciation forecast
  • Sales and Cost of Sales Reporting: - Prepare monthly sales and cost of sales report by Product Segment, Region, Country and Customer. Preparation of Annual Sales and Cost of sales plan by taking inputs from ordering team. Preparation of variance analysis. Preparation of Variable and Standard margin analysis by Region and Product segment. Calculate Transfer price by model.
  • Caterpillar Inc

Deputy Manager-Costing

Endurance Technologies Ltd.
08.2012 - 09.2018
  • Management Reports: - Product Costing i.e. Component wise & process wise cost and its profitability, highlighting loss making models, low performing machines etc. MHR calculation for the facilities available in the organization. RMC Analysis at group level, Plant wise Break-Even Analysis, Capacity utilization, idle time cost analysis, In-house & Customer Rejections, Fuel consumption analysis, Repairs & maintenance Analysis. SOB Loss Analysis for bought out BOM items, Inflow Vs Outflow analysis for Customer PO amendments and vendor’s amendments for respective period. Expenses analysis and its monitoring, review cost center wise expenses booking and suggesting cost saving measures. Project costing & Investment analysis, i.e. Calculation of ROI and Payback period Outsourcing project analysis for make or buy decision, shutting down and shifting project etc. Calculation and validating piece rate charges of labour contractor.
  • Pricing: - Customer PO Price amendments, Verification of quarterly settlement of metal rates based on LME movements and formula set with customer, & calculation of inter plant sales price etc. RFQ analysis, Preparation and verification of Price estimations and sending to marketing to quote to the customer and Preparation of Conversion cost increase proposals for asking inflation impact. Analysis of Production, Sales, RM consumption, BOM Vs PO Vs Actual Costs, highlight high RMC cases to take up with customer for asking additional Value Addition. Co-ordinate with production & R&D, collecting proofs for implementing design change, modifications and take up with customer for implementation in PO price. Highlight discrepancies in sales price to customer, approval of customer recommended vendors price amendment and resolve their discrepancies. Visit customer place for attending various meetings, price negotiation and doing MOM with customer for the price settlements agreed.
  • SAP & Statutory Requirements: - Period end activity in SAP, Quarterly costing run and resolving system errors. Sales price approval based on customer amendments for maintaining rates in system. Verification of Sales prices and COGS value (Standard cost) reflected in SAP, highlight variation in standard cost and suggestions given for BOM & routing correction. Inventory valuation as per Accounting Standard-2, resolving audit queries etc. Preparation of Cost audit annexures to support Cost audit.

Article Assistant

Kirtane & Pandit Chartered Accountants
10.2008 - 07.2012
  • Company Overview: Pune
  • Assignments Handled: - Gabriel India Pvt. Ltd, Fiat India Automobiles Ltd, ZF India Pvt. Ltd., PTC Software Limited, Tata Communication Ltd and Banner India Pvt. Ltd.
  • Job Responsibilities: Review of Form 16 for employees, verification of various Deductions claimed Accounts payables in SAP, of Local and overseas vendors. Preparation of monthly MIS including Debtors balance, Creditors Balance & Bank reconciliation statement etc. Handling entire accounts of company, Handling petty cash & Preparing Profit and loss A/c and Balance Sheet. Preparation of TDS, VAT, Service tax returns and its Payments and resolving Audit queries, filing Annual Accounts and Annual Returns. Preparation of SOP for the Finance Department & data Migration in Tally. Analysis of Cost Sheet and Bill of Material, Comparing Standard Cost with Actual Cost and Preparing the Variance Analysis. Analysis of Budget and Preparing Budget Forecasting, Monthly MIS of the company and Cost center wise allocation of all the expenses. Reporting FG Movement, DMC YTD Variance, Consumption Reconciliation, Monthly Sales and Production for Power train Division.
  • Pune
  • Special Achievements/ Awards: - Won Golden Award for recovery of more than Rs. 1 crore from major customer in Retro Billing in Endurance technologies Pvt. Ltd. Won golden award for recovery of Rs. 54 lacs from customer against investment. Won Best performer of the quarter award in Kirtane & Pandit Chartered Accountants Pune. Formulation of System for product costing, export pricing with zero base and Format set for flexible budgeting system.

Education

M.COM. -

Pune University

CMA -

CA PE-II -

CA-Final First Group -

Skills

  • Office 365
  • Oracle Based ERP
  • SAP HANA (FI & CO)
  • Variance analysis
  • Inventory management
  • Regulatory compliance
  • Expense forecasting
  • Standard costing
  • Financial reporting
  • Cost analysis
  • Analytical thinking
  • Problem solving
  • Procurement optimization
  • Pricing strategy
  • Effective communication
  • Project management
  • Cost accounting
  • Year-end closing
  • Financial statement review
  • Internal controls
  • Expense tracking
  • ERP systems proficiency
  • General ledger updates
  • General ledger accounting
  • Budgeting expertise
  • Financial forecasting
  • Intercompany transactions
  • Fixed asset management

Personal Information

  • Date of Birth: 09/04/83
  • Nationality: Indian
  • Marital Status: Married

Hobbies and Interests

  • Listening to music
  • Watching movies
  • Playing Cricket
  • Outdoor games

Special Achievements

  • Won Golden Award for recovery of more than Rs. 1 crore from major customer in Retro Billing in Endurance technologies Pvt. Ltd.
  • Won golden award for recovery of Rs. 54 lacs from customer against investment.
  • Won Best performer of the quarter award in Kirtane & Pandit Chartered Accountants Pune.
  • Formulation of System for product costing, export pricing with zero base and Format set for flexible budgeting system.

Career Interest

Undertake the assignments of Costing, Management Reports, Capital, Taxation, Internal Audit and Financial Reporting of the organization and to be a part of MIS and Budgets of the organization.

Languages

English
Beginner
A1
Marathi
Beginner
A1
Hindi
Beginner
A1

Timeline

Sr. Staff Accountant-Cost & Decision making

Perkins India Pvt Ltd
10.2018 - Current

Deputy Manager-Costing

Endurance Technologies Ltd.
08.2012 - 09.2018

Article Assistant

Kirtane & Pandit Chartered Accountants
10.2008 - 07.2012

M.COM. -

Pune University

CMA -

CA PE-II -

CA-Final First Group -

RAVINDRA J. DAHITULE