Shubham Joshi
Mumbai - 400014
Summary
Strategy and operations chief with 12 years of experience in strategy development and business planning. Expertise in estimation, forecasting, supply chain management, and business model design. Strong focus on operational excellence and organizational development, with a deep understanding of business dynamics.
Overview
17
17
years of professional experience
Work History
Head - Strategy, Taxation and Finance
Jay Bharat Metcast Private Limited
06.2015 - Current
- Company Overview: TMT Bars Manufacturing
- Working on design and delivery of cost-efficient business operating models
- Analysis and Preparation of key Management Accounts
- Designed strategy for reduction in the Working Capital Cycle
- Working on strategy to deploy Foreign Funds in order to reduce the financial expenses
- Product and Service Costing - Sprucing up or stripping down the product and service value propositions
- Responsible for providing development strategy to Management based on Credit Monitoring Analysis
- Ensure legal compliance – TDS, GST, PF and other statutory compliances
- Planning, Budgeting and Forecasting
- Project Appraisal & Evaluation – Monthly and quarterly review
- Liaisoning with Govt. officials, Suppliers, Vendors, Financial institutions to ensure business continuity and assurance
- Operating the major sourcing of material from international vendors
- MRP, Logistics and Distribution Planning
- Managing Raw Material and other material availability depending upon the market requirement to improvise the Working Capital
- Devising a system to improve the back end operations in order to ease the daily operations
- Ageing Analysis of Material and Debtors
- Have matrix reporting to CEO and 03 Directors of the company
- Leading a team of 7 sub-ordinates that work at execution level of Taxation, Treasury Management, Preparation and Maintenance of Financial Accounts & Records, Statutory compliance, etc.
- TMT Bars Manufacturing
Senior Manager Accounts – Taxation, Costing and Operation
Asian Aerosol Group
07.2013 - 05.2015
- Company Overview: Aerosol Cans Manufacturing
- Working on Annual Strategy, Planning and Budgeting for Business targets in contribution and profitability
- Prepared detailed sales and operations plan and pricing structure for the new products to be sold in domestic market
- Business Forecast for sales based on capacity and driving critical capex expenditure
- Formulated a 3-year growth strategy by working closely with Director
- Suggested strategic inputs like employee reorganisation and pay for performance
- Worked on pricing to be charged to customers, transfer pricing, cost sheet of plants and products
- To provide analytical support to other group companies for business and strategic planning
- Analyse market place and translate into relevant business insights to facilitate business planning and to identify emerging business opportunities
- Influencing sales forecasts basis past sales trends, trade and consumer inputs, pack mix corrections and capacity constraints
- 3 months Rolling Production planning for 40 SKU across 4 factories basis optimum total distribution costs
- Entire MRP, warehouse management and Freight capacity planning
- Implementation of ABC Analysis
- Ensuring freshness of stocks at all the locations, drive liquidation of non-moving stocks to reduce loss due to expiry and improving working capital
- Influencing production scheduling, RM/PM availability depending upon market requirements
- Administered sourcing, handling, loading, transportation, stock building, vendors’ evaluation and payment
- Monitoring, supervising the rake movements at critical points, correspondence and trouble shooting
- Reduction in wastages by improving the technicalities in grades of raw material and manufacturing processes
- Managing tactical routine operations
- Acted as forensic auditor in the company and successfully detected the misappropriation to the tune of Rs. 95 lacs in materials occurred in the Financial Year 2011-12 and devised the system to plug these loop holes existing in the operations of the company
- Built in processes and systems to capture front end and back end transactions to smoothen operations
- Aerosol Cans Manufacturing
Manager - Accounts and Finance
FRG and Company
11.2012 - 06.2013
- Company Overview: Consulting Company
- Team member of Panel providing advisory services for the mergers and takeovers
- Business Audits of Various companies involved in Oil Extraction, Real estate etc.
- Analysis of Business, Balance Sheets, Books of Accounts of the listed Companies
- Risk Analysis of the Indian Companies for the purposes of Foreign Direct Investment (FDI)
- Currency Risk Management for the companies having exposure in the Foreign currencies
- Researched and Implemented methods for reducing effective tax rates for clients
- Consulting Company
Senior Finance Manager
B.H. Capital
09.2011 - 10.2012
- Company Overview: Financial Consultant
- Provided the Debt Solutions to the clients through fund bases and non-fund based routes
- Worked in close co-ordination with the management for Debt Restructuring
- Assisted in preparation of CMA (Credit Monitoring Analysis) Data and dealing with the Bankers for funding arrangement for clients
- Involved in providing Unsecured Working Capital Financing
- Strategic Compliance Strategy and program development and evaluation
- Financial Consultant
Audit Manager
MP Chitale and Company
11.2008 - 08.2011
- Company Overview: Chartered Accountant Firm
- Deputed in Deutsche Bank: Financial Accounting of Mutual Funds - Reliance, ABN Amro, Religare, Principal Mutual Funds, Portfolio Management Services (PMS) like Birla Sun life, Reliance, Deutsche, Religare
- Valuation of Net Asset Value (NAV) of Mutual Funds as per the SEBI Guidelines
- Involved in the activity of Systematic Data Migration in Deutsche Bank
- Deputed in Citi Bank: Financial Accounting of Insurance Companies - Birla Sun life Insurance, Future Generali Insurance
- Valuation of Investments, derivative instruments, Non traded Securities, split off of listed shares etc. as per the SEBI Guidelines
- Chartered Accountant Firm
Article Trainee
Mangesh Kuvelkar and Associates
12.2007 - 10.2008
- Filing of TDS and Vat Returns
- Determination of VAT and Excise Liability
- Involved in VAT Audit, Statutory and Internal Audits of Firms
- Determination of Income Tax Liability
- Reconciliation of Books of Accounts with the Sales Tax Returns for preparation of VAT Audit Reports
Education
Chartered Global Management Accountant -
CIMA
01.2020
Chartered Accountant -
ICAI
01.2012
B.Com -
Mumbai University
01.2007
H.S.C. -
Mumbai University
01.2004
S.S.C -
Maharashtra Board
01.2002
Skills
- Strategic planning
- Team leadership
- Project management
- Supply chain management
- Analytical thinking
- Cost management
- Budgeting and forecasting
- Tally ERP
- Customer relations
Affiliations
- Member of Chartered Institute of Management Accountants (CIMA)
- Member of Institute of Chartered Accountants of India (ICAI)
Accomplishments
- Improvisation cost of Imports of Material from international vendors leading to reduction in the cost of Imports by 20% along with the improvement in Cash Flow of the organization
- Achieved the target of Lowest Logistics cost in the entire South Gujarat
- Implementation of Distribution Strategy leading to increase in the Sales Turnover
- Improvised a key constraints existing in the stages production process which will lead to reduction in the production cost by minimum 15% and reduction in the Down Time from 3 hours to 12 minutes for the bottleneck process.
- Implemented Activity Based Costing
- Successfully reduced the Working Capital Cycle to the very low levels
Hobbies and Interests
- Reading books in the field of Business Management, Non Fiction
- Playing Cricket, Badminton, Chess
Timeline
Head - Strategy, Taxation and Finance
Jay Bharat Metcast Private Limited
06.2015 - Current
Senior Manager Accounts – Taxation, Costing and Operation
Asian Aerosol Group
07.2013 - 05.2015
Manager - Accounts and Finance
FRG and Company
11.2012 - 06.2013
Senior Finance Manager
B.H. Capital
09.2011 - 10.2012
Audit Manager
MP Chitale and Company
11.2008 - 08.2011
Article Trainee
Mangesh Kuvelkar and Associates
12.2007 - 10.2008
Chartered Global Management Accountant -
CIMA
Chartered Accountant -
ICAI
B.Com -
Mumbai University
H.S.C. -
Mumbai University
S.S.C -
Maharashtra Board
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