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JITENDRA D DESHMUKH
Mobile: +91- 9921007670/9423145917
E-Mail: jitend100@hotmail.com & jitend100@gmail.com
Summary
Qualified Cost & Management Accountant with Post Qualification Finance Experience 4 years total 8 years in
Finance. Analyst, Administration & Marketing/sales support experience 8 years, have been Worked with Top
level Management with different nationalities to determine strategies, Planning, Process Improvements. Ability
to handle cross functional relationship & carry team towards common goal of the company. Well versed with
costing, budgeting, forecasting, Revenue recognition, capital budgeting, MIS, Business & financial analysis,
Management accounting. Process improvement
Skills & Expertise
Budgeting, Capital Budgeting, Forecasting,
International and Corporate Finance
Management Accounting
Controlling on bank activities for OD and LC, Payment Approving.
Costing & Pricing for Sales, Revenue recognition - accounting for monthly book closure
AR & AP Controlling & Internal Controlling
MIS and Variance Analysis
Business & Financial Analysis & Sales/Market Research & Analysis, Tender Procedures
Monitoring Statutory Compliance & Audit
Project and Management / Operational Auditing.
Process improvement.
Certification in IFRS
Team Management
Work Experience
June 12- till date Mondeledge (Cadbury India) International as Asst Manager Finance Controlling
Role and Responsibilities:
Budgeting, Forecasting, FPNA, Costing, Controlling.
Feb 15- Mar 15 Management audit assignment with Kirtane & Pandit Associates to improve
productivity of Morgan India
Dec’13 – July’14 Alkyl Amine (Manufacturing) as Dy. Manager Cost management, Accounts, Controlling,
Role and Responsibilities:
 Process order review on monthly basis. Yield Reports. CAS-4. RM & FG RECO, Cost Run 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 Haworth India PVT Ltd. (US MNC Manufacturing & Trading & Service) as Cost &
Management Professional, reporting to BOD
Role and Responsibilities:
 Setting up Standard cost for all manufactured product of the company for the year. CAS-2(Capacity).
 Set up of Inter-company TP, cost+% & Discount Factor for sales. Set up of LP of special products.
 Analysis of segmental and zonal profitability.
 Dealt with Citibank/HDFC for Working capital and overdraft requirement.
 Checking the credit terms for both AP and AR and follow up of dead line along with the credit worthiness of
client.
 Involvement in market development. Price negotiation with internal customer by fixing the competitive
sales price for tenders considering sales strategies. Analyze the profitability by customer order. Also set
competitive pricing for international market.
 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.
 Assets verification & Maintenance of Fixed Assets Register, capital budgeting.
 Involved in New plant set up @ Chennai and capital investment decisions & its return from investment.
Monitoring the spending pattern and controlling.
Jitendra D Deshmukh
 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.
 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.
 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 of new Products to win
the tenders amounting INR 50 crore in 2012-2013.
 Rectified the errors in recording of fixed asset & 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 of new product in 2013 & its feasibility study.
 System set up of finance in Swing system at Shanghai China along with German Team.
 Successfully Completed sales tax & service tax audit for past 3 years in 2013-14.
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 Education 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
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)
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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Resum jitendra

  • 1. JITENDRA D DESHMUKH Mobile: +91- 9921007670/9423145917 E-Mail: jitend100@hotmail.com & jitend100@gmail.com Summary Qualified Cost & Management Accountant with Post Qualification Finance Experience 4 years total 8 years in Finance. Analyst, Administration & Marketing/sales support experience 8 years, have been Worked with Top level Management with different nationalities to determine strategies, Planning, Process Improvements. Ability to handle cross functional relationship & carry team towards common goal of the company. Well versed with costing, budgeting, forecasting, Revenue recognition, capital budgeting, MIS, Business & financial analysis, Management accounting. Process improvement Skills & Expertise Budgeting, Capital Budgeting, Forecasting, International and Corporate Finance Management Accounting Controlling on bank activities for OD and LC, Payment Approving. Costing & Pricing for Sales, Revenue recognition - accounting for monthly book closure AR & AP Controlling & Internal Controlling MIS and Variance Analysis Business & Financial Analysis & Sales/Market Research & Analysis, Tender Procedures Monitoring Statutory Compliance & Audit Project and Management / Operational Auditing. Process improvement. Certification in IFRS Team Management Work Experience June 12- till date Mondeledge (Cadbury India) International as Asst Manager Finance Controlling Role and Responsibilities: Budgeting, Forecasting, FPNA, Costing, Controlling. Feb 15- Mar 15 Management audit assignment with Kirtane & Pandit Associates to improve productivity of Morgan India Dec’13 – July’14 Alkyl Amine (Manufacturing) as Dy. Manager Cost management, Accounts, Controlling, Role and Responsibilities:  Process order review on monthly basis. Yield Reports. CAS-4. RM & FG RECO, Cost Run 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 Haworth India PVT Ltd. (US MNC Manufacturing & Trading & Service) as Cost & Management Professional, reporting to BOD Role and Responsibilities:  Setting up Standard cost for all manufactured product of the company for the year. CAS-2(Capacity).  Set up of Inter-company TP, cost+% & Discount Factor for sales. Set up of LP of special products.  Analysis of segmental and zonal profitability.  Dealt with Citibank/HDFC for Working capital and overdraft requirement.  Checking the credit terms for both AP and AR and follow up of dead line along with the credit worthiness of client.  Involvement in market development. Price negotiation with internal customer by fixing the competitive sales price for tenders considering sales strategies. Analyze the profitability by customer order. Also set competitive pricing for international market.  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.  Assets verification & Maintenance of Fixed Assets Register, capital budgeting.  Involved in New plant set up @ Chennai and capital investment decisions & its return from investment. Monitoring the spending pattern and controlling.
  • 2. Jitendra D Deshmukh  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.  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.  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 of new Products to win the tenders amounting INR 50 crore in 2012-2013.  Rectified the errors in recording of fixed asset & 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 of new product in 2013 & its feasibility study.  System set up of finance in Swing system at Shanghai China along with German Team.  Successfully Completed sales tax & service tax audit for past 3 years in 2013-14. 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 Education 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 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) 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