This individual has over 15 years of experience in finance, costing, FP&A, capex, program management, MIS, management accounting, SCM financials, accounts, and audit. They are currently a Deputy Manager at Eaton overseeing FP&A and costing for various manufacturing plants. Previously they worked at Suzlon as an Assistant Manager for Finance and Accounts. They have a strong background in financial reporting and analysis, budgeting, cost management, and internal controls.

1. AICWA (CMA), PGDFM +15 years’ experience in Finance, Costing, FP&A, Capex, Program management, MIS,
Management accounting, SCM financials, Accounts & Audit and EPM. Presently placed at Eaton as a Dy. Manager
(FP&A) with coverageto variousmanufacturing plantsacrossIndia,USand Europe.Previously workedwith Suzlon as
Asst. Manger (Finance & Accounts).
Career objective: To obtain a challenging position in a high quality professional environment where my resourceful
Experience and skills will add value to organizational goals, operations and productivity.
Overview: Experience with high-volume manufacturer, Instrumental in reducing overhead and contributing to
operational/financial goals. Analyze operational and financial data, investigate variances, identify business drivers, and
evaluate their impact on planned objectives, Assists Engineering, Plant Manager, and Finance leadership in the
identification of financial risks and developing mitigation plans, working across different functions, communicate with
business leaders to understand requirements, expectations and value measures, Functionally reporting to Aerospace
Controller to support Finance and costing vertical (a group of 24 plants at various locations). Monitoring and managing
Balance Score Card/Enterprise Performance Management and resolving various issues related with plant’s Operation,
Financial and SCM team to align productivity and operational performance with rolling forecast, profit plan/target.
Strengths include consolidated financial reports and analysis, operational & manufacturing reporting and analysis,
budgeting/costing, cost management, product/project costing, program management, Capex, SCM related financial
reporting. Added experience in internal audit, SOX audit and cost audit of six manufacturing units in India, US and China.
Experience includes supporting finalization of accounts & indirect taxes and worked towards migration of financial
accounting system from Tally to SAP(R/3) at Suzlon in year 2005-06. Management audit and internal audit at ISPAT,
Mumbai thru K.M.G & Co. for 2 years in 2003-05, supported team member of TPM and Six Sigma for validation of cost
benefit analysis , Pre audit of techno-economic and commercial viability for the operational job and project, Review of
Internal Controls, Initially worked at Cost Accounting firm for two years as a cost trainee at time of pursuing CMA course
and established cost accounting system in two manufacturing units under Cost accounting rules/records, cost compliance
along with cost audit of FMCG, Engineering, chemical, fertilizer, paper, rayon industries, etc.
Additionally, drive and implemented QA process for Reporting and Analysis teams at Pune including transition of
accounting reconciliation and financial reporting for FP&A team from various plants located at US & EMEA. Participated in
various people management training, Training to new joiners, Sharing best practices, Involvement and engagement with
BPI, Idea team and Knowledge management to accomplish overall organizational strategy.
Education, Professional registration and Legacy/ERP
ICWA(CMA)- India (ICWAI) –Final passed in June 2003, Associate Member
CMA - Institute of Management Accountant, USA- associate member since 2012
PGDFM - NMIMS, Mumbai passed in 2006-07, B.Com- Calcutta University
ERP/System Experience: - Oracle 11i, Cognos, Mfgpro, Khalix, SAP R/3, OBIEE, SharePoint, Qlickview, etc.
In-house Manager of people (MOP) training: - Change management, Business Acumen, Leadership Qualities,
Effective communication,Belbin peoplemanagement,EQ, Six sigma,TPM, Stress Management,Time Management,
2 days US/IFRS GAAP, Lean management reporting and other people management related trainings.
Current position, company and responsibilities: Dy. Manager–FP&A and Costing, Eaton Corp (ETPL)-Pune, Since Feb 2012.
$21Billion US MNC into Electrical, Aerospace, Hydraulics and Vehicle products has approximately 100,000+ employees
worldwide, operation facilities at 80 countries and sells products to customers in more than 125 countries.
Ajay Roy
Ozone Villa, Wagholi, Pune
Cell +91:9145744497, email: ajsue.pune@gmail.com

2. Monitoring & coordinating BSC/EPM reporting with plants at 28 locations on daily basis generating divisional annual sales
in excess of $1.5 billion. Corporate liaison with plant controllers and operational/functional team. Supervision of
Operational financials reporting, Program management and Capex reporting, SCM financials, product/project costing,
pricing, consolidation of financial cost profit statements, Flex productivity, Supports E&Y auditors, preparation of annual
profit plans, monthly rolling forecast, standard costing and Activity Based Costing.
Operational/financial reviews and commentaryon monthly basis with Strategic levelteam. Resolving various issues related
with plant SCM team and production team to align productivity performance with corporate goals. Key Metrics reporting
& reviews to VP Finance and Controllers at HQ.
Work in a team environment to drive improvement in financial processes through tools/systems, automation, leverage/
sharing best practices and standardization Leads, mentor, motivate and coach team members while balancing team
workloads and maintaining focus on key internal customers, goals and deadlines. Implementation of Quality Assurance in
financial team consisting 43 analysts.
Key reports: BSC and EPM gap reports to Directors/Operational head, Financial reports- Standard Package including Global
consolidated Financial Summary of all div/plants, cost statement, financial statement, Programme financial summaries
(PFS), Development Contract Summaries, Cost Overrun report, Engineering BSC Finance Updates, Capex report updates &
review, QLI summary reports, Multi payment terms report, Gross inventory & Material Management reports, Daily Sales/
Mfg. Operation report, Expense report with forecast and Profit Plan include variances and root cause analysis.
SelectedContributions: Provided financial data and accounting services in connection with change in ownership, Developed
Balance Score Card Metrics for plants- Progressive monitoring of KPI for all Aerospace- 28 plants located across the globe,
Project feasibility –cost benefit analysis, Proposed various initiatives to reduce complexity, standardize and improve
productivity, Efficiency check of financial/cost accounting processes. Made recommendation for effective internal controls
after careful examination of existing MIS /Financial system, Sox audit, internal audit and Cost audit. Applied Operation
research & Statistical techniques in resource planning and management, Team member of TPM and Six Sigma at ISPAT for
validating cost reduction and process development.
Senior Financial Analyst- (Oct 2008- Jan 2011) & Financial Analyst- (Apr 2006- Sep 2008) – Eaton , Pune, India
Budgeting, profit plan and standard costing, Consolidation of Financial report , financial commentary package and
operational reviews of business, Part of Business development team- Provided financial analysis to support merger &
acquisition, Enabling designing and testing of business/financial forecasting reports, Reconcile balance sheet accounts for
multiple ledgers with emphasis on accuracy, attentionto detail, and properly supported balances tofacilitate E&Y auditors,
Communicate with plant controllers regarding variances, account aging and recommend actions to resolve on behalf of
HQ, Resolving issues with IT Cognos team and Mfgpro team. Extendedsupport to Jackson plant during recession period in
2009-10.
Sales & Margin report by Market/Segment, DPO, DSO and DOH reports, Inventory analysis, Generate and distribute various
daily, weekly, and monthly plant operational/financial reports to key stakeholders, Generate and upload standard month
end journal allocation entries to Oracle GL; ensure entries are accurate, properly supported, and deadlines are met.
Asst. Manager-Finance & Accounts- (Apr 2005- Mar 2006) – Suzlon, Pune, India
Finalization of accounting/costing in SAP R/3 FICO, Fixed Asset Accounting, Purchase/sales Invoice
reconciliation/rectifications, Cash & Bank accounting, Monitoring GR/IR and other control accounts, Monitoring Inventory,
Trial Balance, Creation of Tax Codes & VAT compliance, Using various Programmed Reports and finalization of accounts,
Liaison with Purchase/sales department for various compliances, Migration of Tally into SAP, cost statement and
profitability analysis.
Accounting & Audit Assignments- ( Feb 1999 to March 2005)- Kolkata & Mumbai
1>ISPAT thruK.M.Gupta& Co., Mumbai (1 &½year) 2> J.Jaipuriar & Co., Kolkata (1 & ½ year) 3>Pramod Rai& Co., Kolkata
(3 year). Clients: ISPAT, Emami, Indian Rayon, Hindustan Heavy Chemicals, Coal India, Kesoram Rayon, Titagarh Wagon
Limited & others. Assignments: Cost Audit and compilation of cost a/c & cost record, Pre audit of purchase order and
purchase proposal and Audit verification of various Services and Job contracts, Pre audit job for techno-economic and
commercial viability for the operational job and project at ISPAT, Review of Internal Controls, Plans and Procedures and
reporting of weaknesses thereof, Inventory analysis under Material planning & integratedcost control and stock valuation,
Developed M.I.S and introduced/implemented costing system.
Personal details:
Passport- US Business visa for 10 years valid up to 2016, D.O.B- 17th August 1972, Married. Dependents- 5.