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JITENDRA D DESHMUKH
Mobile: +91- 9921007670/9423145917
E-Mail: jitend100@hotmail.com & jitend100@gmail.com
EXECUTIVE DIGEST
Worked throughout with Top level Management to determine strategies, Planning Process Improvements. Formulating
cost effective solutions & Market research, Sales planning & analysis.
Budgeting and Capital Investment decisions, Business & financial analysis. Corporate Finance, Management
Accounting, IFRS, Costing & Pricing Decision, Variance Analysis & MIS, Fixed asset management, US GAAP,
Monitoring Taxation, Project Manage3
.+ment, & forecasting, Online Marketing &, Tender procedures, Purchase Mgt.
Post Qualification Finance Experience 4 years Total 8 years in Finance.
Analyst, Administration and marketing/sales support experience 7 years.
PROFICIENCY FORTE
IFRS, International & Corporate Fin, Business & Sales/Market Research & Analysis/Mgt accounting:
Coordinating in Monthly closing of Books for US GAAP reporting. Evaluation of internal control systems. Supervising
the preparation of MIS reports to top management on financial performance
Budgeting/ Costing & Pricing/Forecasting/Capital Budgeting:
Formulating operating plans/forecasts/reviews & Perform monthly actual to budget reviews . Contribute to improving
efficiencies and performance as well as providing financial information.
Support Purchase dept for creation of strong supplier base by capital budgeting decisions.
Statutory Compliance & Audit:
Cost Compliances. Co-ordinating with external statutory direct & indirect tax auditors & preparing schedules &
reports. Discussing their queries & giving the suitable replies.
Project Handling:
New plant system set up for Finance and operations at Chennai of US MNC System.
Planning targets, monitoring numbers & achievement of overall targets on a monthly basis in adherence to the pre -
set standards.
ORGANISATIONAL EXPERIENCE
Dec’13 – July’14 Alkyl Amine as Dy. Manager Cost management, Accounts, Controlling,
Role and Responsibilities:
 Process order review on monthly basis. Yield Reports. CAS-4 for Stock Transfer. RM & FG RECO, Cost Run for
moving average on monthly basis. System using SAP FICO. Financial Analysis.
 Control team of 9 people for Indirect Tax, Commercial matters, accounting, IT area & costing.
Reason for Leaving: - To Complete Advance Studies of IFRS & Corporate Finance & Personal.
June’10- Dec’13 with Haworth India PVT Ltd. (US MNC) as Cost & Management Professional and reporting to
Director Finance & Region.
Role and Responsibilities:
 Setting up Standard cost for all manufactured product of the company for the year. Quarterly CAS-4 &
Determination of Capacity Level CAS-2.
 Set up of Inter-company TP, cost+% & Discount Factor for sales annually. Set up of LP of special products.
 Analysis of segmental and zonal profitability.
 Price negotiation with customer along with Sales people by fixing the competitive sales price for tenders
considering sales strategies. Analyze the profitability by customer order, Worked with marketing teams to provide
general marketing support to achieve & exceed business goals.
 Worked with leaders to develop marketing communication plans; prepares drafts of communications
 Support in establishment of strong base of vendors and suppliers for taking up the Operations Management &
Project Roll out as per the timelines by controlling purchase to pay activities. Supported purchase dept in sorting
out beneficial purchase options. Monitor AR And AP.
 Assets verification & Maintenance of Fixed Assets Register, capital budgeting.
 Cost Validation (Proposal for New Business) – First cut commercial validation of new business & analysis of their
viability. Analyzing feasibility of out sourcing in house production parts to outsource & vice versa.
Jitendra D Deshmukh
 Support internal audit, if required Monitoring of scheduled & non scheduled overhauls, its costs & impact on
revenues
 Coordination for budgeting by calculation of SGNA %, Labor, Overhead requirement as per sales budget.
Managing long term financial plans & quarterly review.
 Determining the cycle time to find out learning curve & Productivity calculation.
 Monthly Consumption of material, labor & overhead & Variance & & COGS.
 Monitor the scrap generation & report any deviation from the standard norms. Defect Cost Analysis of Parts
manufactured. Aging Analysis to dispose of the raw materials in support role.
 Monitor Indirect & Direct taxation & Tax Audit. Handled Cost Compliance.
 Participates in continuous improvement activities.
 System SAP FI; TPX, Comstar, AMAPS & Business Object, Swing.
Achievements:-
 Complete Set up of the Costing System of New Plant at Chennai. Done 70 Project costing & pricing of new
Product to win the tenders amounting INR 50 crore.
 Rectified the errors in recording of Fixed asset and its maintenance from Finance point.
 Suggest the method to save exchange rate risk by asking to quote sales rate in one currency.
 Control the outsourcing cost by analysing the cost of different suppliers.
 Successfully set up of Cost, Sale price & discount factor of new product of Pune plant in 2013 & its feasibility
study.
 System set up of finance in Swing system at Shanghai China along with German Team.
Reason for Leaving: - Company started winding up activity to shift to Chennai from Pune.
Mar’ 10 to Jun’ 10 with Mitech (I) Pvt. Ltd. (Service Sector) as Management Audit Assignment
Role and Responsibilities:
 Sales & Profitability Analysis of Software and courseware.
 Audited the Govt projects handled by Mitech for computer awareness in Pune District.
Achievement: - Found out discrepancies & suggested remedies in the system to manage project fruitfully.
Reason for Leaving: - 3 month Project.
Sep’ 08 to Feb’ 10 with Anvic Systems (Manufacturing) as Assistant Manager Admin & Marketing
Role and Responsibilities:
 Tender Filing and Follow up & Target pricing for tenders to win the tenders, Follow up of Customers;
 Collects customer satisfaction data for analysis. Develop marketing plans by preparing basic market research &
pricing analyses. Forecasting of sale.
 Monitored the inflow and outflow of funds and ensured optimum utilization of available funds in profitable
investments and credit control through efficient receivables management.
 Liaison with banks for short-term working capital & long-term financing and maintaining strong relationship with
banks so as to ensure smooth day-to-day operations.
Achievements: - Succeeded in getting 30 Tenders by competitive price & Online Marketing.
Reason for Leaving: - Company started reducing activities since increasing Competition & sale decline.
Previous Employments
Jan’07 to July’08 with Ramchandra Youth Kalyan Org.(NGO)as Asst Project Manager Admin Work
Apr’05 to Apr’06 with Rana Lucky Sananda Edu. Shower (Service) as Asst Manager Admin Work
May’00 to Dec’04 with Hanuman Vit. Food PVT Ltd. (Mfgm of Oil & Paddy) as Asst Costing & Purchase Executive
Reason for Leaving: --- On Contract period.
ACADEMIA
B.Com. Cost and Management accounting as special subject from Pune University in 1998.
M. Com. Account, Taxation & Management from Pune University in 2000.
CMA from ICAI of INDIA Dec 2009
Professional Affiliations
Associate of ICAI (Institute of Cost & Management Accountant of India).
Certified Member of IMA (Institute of Management Accountant of USA).
Certification of IFRS, Corporate Finance, International Finance from IACT Delhi.
PERSONAL MINUTIAE
Passport : Yes Valid till 2021
Contact Address : 20, Rajmayur A-2, Behind Persistent, Near Nal Stop, Pune - 411004

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Management Professional

  • 1. JITENDRA D DESHMUKH Mobile: +91- 9921007670/9423145917 E-Mail: jitend100@hotmail.com & jitend100@gmail.com EXECUTIVE DIGEST Worked throughout with Top level Management to determine strategies, Planning Process Improvements. Formulating cost effective solutions & Market research, Sales planning & analysis. Budgeting and Capital Investment decisions, Business & financial analysis. Corporate Finance, Management Accounting, IFRS, Costing & Pricing Decision, Variance Analysis & MIS, Fixed asset management, US GAAP, Monitoring Taxation, Project Manage3 .+ment, & forecasting, Online Marketing &, Tender procedures, Purchase Mgt. Post Qualification Finance Experience 4 years Total 8 years in Finance. Analyst, Administration and marketing/sales support experience 7 years. PROFICIENCY FORTE IFRS, International & Corporate Fin, Business & Sales/Market Research & Analysis/Mgt accounting: Coordinating in Monthly closing of Books for US GAAP reporting. Evaluation of internal control systems. Supervising the preparation of MIS reports to top management on financial performance Budgeting/ Costing & Pricing/Forecasting/Capital Budgeting: Formulating operating plans/forecasts/reviews & Perform monthly actual to budget reviews . Contribute to improving efficiencies and performance as well as providing financial information. Support Purchase dept for creation of strong supplier base by capital budgeting decisions. Statutory Compliance & Audit: Cost Compliances. Co-ordinating with external statutory direct & indirect tax auditors & preparing schedules & reports. Discussing their queries & giving the suitable replies. Project Handling: New plant system set up for Finance and operations at Chennai of US MNC System. Planning targets, monitoring numbers & achievement of overall targets on a monthly basis in adherence to the pre - set standards. ORGANISATIONAL EXPERIENCE Dec’13 – July’14 Alkyl Amine as Dy. Manager Cost management, Accounts, Controlling, Role and Responsibilities:  Process order review on monthly basis. Yield Reports. CAS-4 for Stock Transfer. RM & FG RECO, Cost Run for moving average on monthly basis. System using SAP FICO. Financial Analysis.  Control team of 9 people for Indirect Tax, Commercial matters, accounting, IT area & costing. Reason for Leaving: - To Complete Advance Studies of IFRS & Corporate Finance & Personal. June’10- Dec’13 with Haworth India PVT Ltd. (US MNC) as Cost & Management Professional and reporting to Director Finance & Region. Role and Responsibilities:  Setting up Standard cost for all manufactured product of the company for the year. Quarterly CAS-4 & Determination of Capacity Level CAS-2.  Set up of Inter-company TP, cost+% & Discount Factor for sales annually. Set up of LP of special products.  Analysis of segmental and zonal profitability.  Price negotiation with customer along with Sales people by fixing the competitive sales price for tenders considering sales strategies. Analyze the profitability by customer order, Worked with marketing teams to provide general marketing support to achieve & exceed business goals.  Worked with leaders to develop marketing communication plans; prepares drafts of communications  Support in establishment of strong base of vendors and suppliers for taking up the Operations Management & Project Roll out as per the timelines by controlling purchase to pay activities. Supported purchase dept in sorting out beneficial purchase options. Monitor AR And AP.  Assets verification & Maintenance of Fixed Assets Register, capital budgeting.  Cost Validation (Proposal for New Business) – First cut commercial validation of new business & analysis of their viability. Analyzing feasibility of out sourcing in house production parts to outsource & vice versa.
  • 2. Jitendra D Deshmukh  Support internal audit, if required Monitoring of scheduled & non scheduled overhauls, its costs & impact on revenues  Coordination for budgeting by calculation of SGNA %, Labor, Overhead requirement as per sales budget. Managing long term financial plans & quarterly review.  Determining the cycle time to find out learning curve & Productivity calculation.  Monthly Consumption of material, labor & overhead & Variance & & COGS.  Monitor the scrap generation & report any deviation from the standard norms. Defect Cost Analysis of Parts manufactured. Aging Analysis to dispose of the raw materials in support role.  Monitor Indirect & Direct taxation & Tax Audit. Handled Cost Compliance.  Participates in continuous improvement activities.  System SAP FI; TPX, Comstar, AMAPS & Business Object, Swing. Achievements:-  Complete Set up of the Costing System of New Plant at Chennai. Done 70 Project costing & pricing of new Product to win the tenders amounting INR 50 crore.  Rectified the errors in recording of Fixed asset and its maintenance from Finance point.  Suggest the method to save exchange rate risk by asking to quote sales rate in one currency.  Control the outsourcing cost by analysing the cost of different suppliers.  Successfully set up of Cost, Sale price & discount factor of new product of Pune plant in 2013 & its feasibility study.  System set up of finance in Swing system at Shanghai China along with German Team. Reason for Leaving: - Company started winding up activity to shift to Chennai from Pune. Mar’ 10 to Jun’ 10 with Mitech (I) Pvt. Ltd. (Service Sector) as Management Audit Assignment Role and Responsibilities:  Sales & Profitability Analysis of Software and courseware.  Audited the Govt projects handled by Mitech for computer awareness in Pune District. Achievement: - Found out discrepancies & suggested remedies in the system to manage project fruitfully. Reason for Leaving: - 3 month Project. Sep’ 08 to Feb’ 10 with Anvic Systems (Manufacturing) as Assistant Manager Admin & Marketing Role and Responsibilities:  Tender Filing and Follow up & Target pricing for tenders to win the tenders, Follow up of Customers;  Collects customer satisfaction data for analysis. Develop marketing plans by preparing basic market research & pricing analyses. Forecasting of sale.  Monitored the inflow and outflow of funds and ensured optimum utilization of available funds in profitable investments and credit control through efficient receivables management.  Liaison with banks for short-term working capital & long-term financing and maintaining strong relationship with banks so as to ensure smooth day-to-day operations. Achievements: - Succeeded in getting 30 Tenders by competitive price & Online Marketing. Reason for Leaving: - Company started reducing activities since increasing Competition & sale decline. Previous Employments Jan’07 to July’08 with Ramchandra Youth Kalyan Org.(NGO)as Asst Project Manager Admin Work Apr’05 to Apr’06 with Rana Lucky Sananda Edu. Shower (Service) as Asst Manager Admin Work May’00 to Dec’04 with Hanuman Vit. Food PVT Ltd. (Mfgm of Oil & Paddy) as Asst Costing & Purchase Executive Reason for Leaving: --- On Contract period. ACADEMIA B.Com. Cost and Management accounting as special subject from Pune University in 1998. M. Com. Account, Taxation & Management from Pune University in 2000. CMA from ICAI of INDIA Dec 2009 Professional Affiliations Associate of ICAI (Institute of Cost & Management Accountant of India). Certified Member of IMA (Institute of Management Accountant of USA). Certification of IFRS, Corporate Finance, International Finance from IACT Delhi. PERSONAL MINUTIAE Passport : Yes Valid till 2021 Contact Address : 20, Rajmayur A-2, Behind Persistent, Near Nal Stop, Pune - 411004