Amrut Parekh is a senior finance professional with over 16 years of experience managing finance functions including strategic planning, finance and accounts, auditing, fund management, budgeting, and statutory compliance. He is seeking senior level finance or accounts roles and has experience implementing financial policies and procedures as well as developing MIS reports. He has a track record of success leading finance teams and interfacing with external stakeholders like banks and auditors.

1. AMRUT D. PAREKH
Mobile No.: +919974011898 / +919327578118
E-Mail: amrutparekh@yahoo.com
~ SENIOR FINANCE PROFESSIONAL ~
Seeking senior / top level assignments in FINANCE / ACCOUNTS with an organization of repute
Location Preference: Gujarat
_____________CAREER SYNOPSIS_____________
Result oriented and dynamic professional with over 16 years of extensive experience in managing overall Finance
functions with Strategic Planning, Finance & Accounts, Auditing, Fund Management, Budgeting, Receivable &
Payable Management and Statutory Compliance
Experienced in conceptualizing and implementing financial policies & procedures and deft in developing MIS reports,
liasioning with banks. A keen analyst with exceptional communication, negotiation and relationship management skills and
abilities in liaising with Banks, Auditors and other external agencies.
Possessing valuable insights, keen analysis and team approach to implement best practices used in organizing and leading
Finance Function related to business.
~Domain Skills ~
Managerial
~Cost & Profit Centre Management ~ Financial Planning/ Budgeting
~Business Process Review ~ Treasury Management
~ SAP ~ Accounting & Audits
Functional
~ Finance & Accounts ~ Cash Management
~ Taxation ~ Working Capital Management
EXPERIENCE CHRONOLOGY
Jul’ 08 – Till Date with M/s. Miranda Tools, (A. Div. of PMP Auto, Components Pvt. Ltd.)- Ankleshwar ,
an Ashok Piramal Group Enterprise as
General Manager Finance & Commercial
Reporting to the Executive Vice Chairman alongwith Group CFO and leading a team of 11 persons
Jul’ 07 – Jun’ 08 with M/s. Matrix Laboraties Ltd., Ahmedabad (Subsidiary of Matrix on Deputation)
Assistant General Manager Finance
Reported to the General Manager Corporate Accounts and leading a team of 5 persons
Jul’ 06 – Jul’ 07 with M/s.Bayer Crop Science Ltd., Mumbai
Sr. Manager Works Accounts/ Power (User SAP R/3)
Reported to the General Manager Corporate Accounts and heading a team of 5 persons
Mar’ 01 – Jun’ 06 with M/s. Lupin Ltd.
Joined as Junior Executive and after several promotions rose to the position of Manager Accounts/ Power (User
SAP R/3)
Reported to the Sr. Manager Accounts headed 3 reportees at Tarapur Plant & 2 at Goa Plant .
Dec’ 96 – Feb’ 01 with M/s. Lyka Labs Ltd., Tarapur as Executive Costing

2. Miranda Tools – An Ashok Piramal Group Enterprise (with 1 subsidiary & 1 Joint venture)
(From Jul’08 till date)
 Management Accounting activities :-
 MIS – Monthly Productwise, Market wise (Domestic & Exports) P&L and comparison
with budget , alongwith consoildated Working Capital, Balance Sheet, Fund Flow sheet .
 Analysis of variances vis a vis Budget on monthly basis.
 Product costing each item code wise at Total cost (RM+OH) for Stock valuation and at
Marginal level for management decisions.
Accomplishments :-
1. Comprehensive development of Material consumption report in excel and computation ,with basic data
from sap. This report provides the following details with single computation
a) Material cost against each job card
b) Status of job card as to in WIP or Finished
c) Production quantity, job card wise and item code wise
d) Job card wise yield, which is consolidated at Item code level
e) Complete segregation at job card level for costs of WIP & finished items
f) Per unit cost of material at item code level
g) Shows conversions from one item code to other (Splits)
h) Provides details on scrap, job card wise
2. Comprehensive development of report for Overhead computation., in excel , for absorption into products
a) Segregation of overheads cost center wise between manufacturing, Marketing & Administration overheads.
b) Apportionment of costcenter wise costs onto products , based on technical norms, as approved by Technical head.
c) Time booking , jobcard wise is extracted from SAP and Machine & Labour hours ascertained . Productwise
d) Overheads are segregated as to which can be absorbed on Machine or Labour , plant wise
e) Productwise MHR & LHR is computed for the month and allocated on jobcards, based on their actual hours booked
f) Overhead cost / piece is ascertained.
 In addition to above, developed following analytical reports :-
a) Sales variances
b) Raw Material price variance
c) Foreign Exchange tracker vis a vis Budget for easy understanding of forex position , on monthly basis.
This ensured timely compilation of MIS, i.e. within 12days of subsequent month, for all the 3 companies, in the
absence of Controlling module in sap.
 Treasury activities :-
a) Constantly looking into options of availment of PCFC / BC to reduce the interest cost.
b) Working capital management by strict monitoring of its components through monthly working capital statements
and ageing reports
c) Monthly MIS on banking operations for taking appropriate calls on forex operations, sent to Corporate Treasury
d) Weekly cash flow to management with projections for next week and actual achievement against the past week’s
projections
e) Periodic FFR reports to banks for CC availment
f) Term Loan availment and utilization and reporting to bank about the same.
g) Exchange Rate confirmation with Bank’s treasury before payments
h) Review of Funds availability on daily basis
 Standard Costs :-
a) Computation of standard costs for Finished & Semi Finished goods (more than 30000 items) including new items
being created manually. Controlling Module is under implementation.
 Budgeting :-
a) Annual budgets with with Productwise profitability, Balance sheet, , Ratios, Working capital & Fund flow statements.
b) Computaiton of Monthly budgets based on annual approved budget.

3.  Theory of Constraints (TOC) :-
a) Weekly & Cumulative scorecard preparation for TOC (Theory of Constraints) reviews, with management , to
understand the Throughput(T) , Stocks , T/OE (Operating Expenses) , T/I(Investments).
 Financial Accounting , Audits & Statutory compliances :-
a) Handling of Audits :- Statutory (as per Revised Schedule VI) , Internal, Tax , Transfer Pricing and Cost
b) Monitoring of physical inventories through perpetual stock taking by Stores department.
c) Constant focus on nullifying clearing accounts , by way of bill booking, to ensure that liabilities are properly booked
d) Capitalisation of assets through SAP.
e) Handled Merger , De-merger entries
f) Excise records matched with Finance in SAP, in close coordination with IT & Despatch team, post SAP
implementation.
g) To ensure periodical statutory compliances.
h) To ensure implementation of Internal controls
i) Approves Inventory adjustments as Finance Head.
 Others :-
a) SAP coordination with IT
b) Computation of profitability for new projects
c) Participation in Company’s Strategy discussions for medium and long terms
d) Providing inputs to the team for updating any new type of transactions in SAP.
e) Lead and Executed , Slump Sale Transactions between two companies, in close coordination with
Corporate office.
Acting as Project Manager for SAP implementation in all the 3 companies.
With M/s. Matrix Laboratories Ltd., - at their subsidiary in Ahmedabad, on deputation –
M/s .Concord Biotech Ltd. (From Jul’07 to Jun’08)
 Headed the Accounting function.
With M/s. Bayer Crop Science Ltd., Ankleshwar (From Jun’06 to Jul’07)
 Headed the Accounting & MIS activities at the plant.
With M/s. Lupin Ltd., - Boisar (Thane Dist & Verna –Goa) (From Mar’01 to Jun’06)
Career Facets:
 Promoted twice from the date of joining till date as under which 1st Promotion - Junior Executive to Senior Executive in
Yr.02-03 – At Tarapur
 Demonstrated excellence as a HOD –(Head of Department)during the absence of Sr.Manager Accounts (HOD) for a Year
and carried out the department’s functions . The major areas of activities included Finalisation of Accounts, Statutory,
Internal & Cost Audits also prepared the Revenue & Capex Budgets in coordina tion with Plant and other Functional
heads.
 Maintained the costing and accounts records in SAP R/3 and prepared monthly MIS with Product Costing and analysis of
Variances in Material and other expenses.
 Prepared and monitored the Revenue & CAPEX Budgets in SAP R/3.
 Conducted Stock and cost reconciliation and reported the same to the Cost Auditors and Unit Head / Auditors/Functional
Heads / Sr. Manager Accounts on quarterly basis.
 Maintained a coordination with the allied parties like Statutory, Internal, Cost ,Banks, Govt. Authorities viz., Sales Tax,
Business Finance Group at Corporate office for their requirements.
 Physical verification of Inventories, along with a team of Statutory, Cost & Internal Auditors at Plant and reporting to the
Unit Head.
 Carried out Physical verification of Fixed Assets and matched with books, with corrective actions , as required.
 Prepared and filed returns as per Goa Vat Act, including the refund of VAT & Entry Tax on input items consumed for
export sales, quarter wise.
With M/s. Lyka Labs Ltd., - Boisar (Thane Dist- Maharashtra ) (From Dec’96 to Feb’01)
 Closely monitored the costing records and completed the finalisation of the accounts.
 Handled the management control through Monthly MIS & Standard Costing.
 Reconciliation of Cost & Financial / Excise Records
 Valuation of Inventories for monthly MIS ,Banks, Accounts closing.
 Cost Audit of Tarapur Plant u/s 233B of the Companies Act 1956.
ARTICLESHIP DETAILS
Feb’ 93 - Dec’ 94 with M/s.Rajendran Mani & Varrier

4. ACADEMIC CREDENTIALS
 C.W.A. from I.C.W.A.I. in 1996.
 B.Com. from Mahatma Gandhi University, Kerala in 1993 with 1st
Division Marks.
 Pursuing Diploma in IFRS from KPMG Ahmedabad
IT Forte:
Well versed with SAP –R/3 -Fico Module, FI – Financial Accounting, Co-Controlling, MS Office, Tally and Internet Applications.
PERSONAL DOSSIER
Address: A2 -80, Amijadav, Bungalows , Near Hotel Harimangla, Opp. Rohini Nagar, Near ABC Circle, College
Road, Bharuch – Gujarat.
Date of Birth: 24th
April 1972
Languages Known: English, Gujarati, Hindi and Malayalam