Shilpa Umbarkar

Company Overview: A company, which is Manufacturer of electrical capacitor & electrical resistors in Pune, Maharashtra.

• MIS- Preparation of MIS Reports and Submission to Division within timelines
• Product Costing -Standard cost roll up in SAP, PO based product cost calculation. New product cost calculation, Prepare & release standard cost for new products /existing products in SAP with analysis for finished & Semi-finished products
• Budgeting- Preparation of Division wise material cost annual budget and preparation and analysis Fixed cost & Fixed cost
• Monthly/ Quarterly Revaluation of – Raw Material, Semi-finished goods & Finished Goods
• Decision making- Variable cost Calculation in Excel for New products as well as improvement in existing products to support pricing decision.
• Performing Monthly/yearly Closing Activities of SAP-CO module - Overhead Run, Settlement of production orders & Calculation of WIP stock, Depreciation Run
• Ensure all period end activities are performed as per closing calendar in co-ordination with accounting team.
• Variance analysis to ensure that the costs are within limit & identifying reasons of variances
• Supporting Senior Management and Division controller in-depth analysis costing & Inventory.
• Lead in completing monthly & routine activities of department & guiding junior team members.
• Inventory Ageing analysis – Obsolete, Non-Moving & Slow-Moving inventory provisioning.
• Transfer pricing Working on Quarterly Basis.
• Responsible for Creating /updating/ reviewing of Material Master Data related to Raw material, Packing, Semifinished Goods, Spares, operating supplies, Scarp codes in SAP
• Promoted teamwork within the workplace by encouraging collaboration among staff members on various project tasks.
• Responsible for Creating/ updating/ Reviewing of Vendor Master Purchasing data in SAP
• Liaise with Plant teams, corporate teams, Purchasing, Operations, R&D, Accounting team for MIS reporting related queries/ Justifications.
• Preparation of supporting files for Statutory & Cost Audit compliance
• Establish and monitor internal controls associated with Inventory, Cost of Sales & Fixed Assets
• Co-ordination in CAR approval process, FADA process, Creation of Internal order, Internal Assets, Setup of Budget, Capitalization/Disposal of Fixed Assets, Depreciation run.
• Involved in SAP Migration Project & co-ordinates Pre-migration, go live & Post go live activities as End user/ tester
• Collaborated with the management team to develop strategic plans for business growth and improvement.
• Mentored junior staff members in their professional development by offering guidance/support in their assigned roles.
• Completed regular inventory counts to verify stock levels, address discrepancies, and forecast future needs.
• Conducted employee performance evaluations, providing constructive feedback for growth and development.
• Coached new employees, ensuring smooth onboarding process and quicker adaptation to their roles.
• Assisted in budget preparation, ensuring alignment with financial goals.
• Highlighting errors /issues in the system and taking corrective action thereof.

Company Overview: A company which manufactures plastic pipe fittings for Gas and Water distribution and products for Micro irrigation systems.

• Prepared & Submitted Monthly and yearly Inventory Valuation reports
• Handled cost roll up of Existing & New products & releasing in SAP
• Fixed Asset capitalization in SAP – Moulds manufactured in house- Settlement of WBS element to internal order & internal order to Fixed assets
• Transfer pricing Calculation
• Preparation of notes to accounts for statutory audit purpose & Cost Compliance report
• Responsible for Creating/ maintaining the Costing Masters (Cost centre/profit centres)
• Involved in SAP implementation from Local ERP as End User
• Support & Co-ordination with SAP team for new development / change/ development of new reports/ Support on SAP issues on FICO
• Identify improvement opportunities in Costing & participate in new initiatives.

Company Overview: A company which provides consultancy in the areas of Indirect Taxation, Foreign Trade Policy, EOU, SEZ, STPI and Internal Audits.

• Conducted Costing Assignment relating to Costing system set up and Implementation for a manufacturing company
• Conducted Various Excise Internal Audit of DTA Units and 100% Export Oriented units.
• Conducted Service tax Audit and filed Service Tax Returns of STPI Units.
• Involved in Preparation and Submission Various Refund and Rebate Application of Service Tax.
• Involved in Preparation of CST Refund Application of EOU, STP, and EHTP units.
• Handled various Work related to foreign trade Policy DGFT such as Import-Export Code Application etc.