CA Mukul Asthana

E-mail: asthanamukul@yahoo.com; caasthanamukul@gmail.com

Phone: +91-9958070014
Targeting for strategic level positions with large established organisations

“Expertise in managing Financial Control, Planning and Commercial functions, determining a

business unit’s mission & strategic direction; capability to formulate and implement tactical initiatives
as well as strategic advice for achieving corporate strategic goals”

SKILL SET PROFILE SUMMARY

Strategic & Financial Planning
SCM Accounting Operations
Budgeting & Forecasting
Internal Controls & Audit
Finance and Accounts
P&L Accountability
Regulations & Compliances
MIS Reporting & Documentation
Cross-functional Coordination
Commercial operations
ACADEMIC DETAILS
 Chartered Accountancy from ICAI,
New Delhi in 2006
 M.Com. from Bundelkhand University,
Jhansi in 2005
IT SKILLS
 MS Office (Word, Excel, PowerPoint)
 Internet Applications
 Oracle R12i and 9i, SAP-Basis R/3
 Chronicled success of 13+ years in controlling Finance & Accounts
Operations and restructuring the appropriate business strategies for
maximizing profitability
 Wealth of expertise entails SCM Finance & Accounting, Claim
Validation/Management, Pricing Models, Spend Analysis Commercial
operations and so on
 Enterprising leader with expertise to enhance financial
procedures/internal controls, automate & integrate financial
information systems and prepare financial forecasts with coordinated
budget projections
 Subject knowledge of budgeting function, MIS & reporting activities;
managing the day-to-day processing of accounting transactions
 Consistent record of managing the structuring, consolidation and
analysis of financial data; developing budgets, forecasts and other
financial reports for specific organizational departments and units
 Possess excellent communication, analytical, decision making, time
management and leadership skills with proven capability in planning &
managing resources
ORGANISATIONAL EXPERIENCE
Since April 19 with OYO Rooms as Manager -Finance (Recon)
October-18-April 19 with Ultratech Cement Limited (ABG group at
BARA Cement works) as Head-Finance and Commercial
Dec’15-Aug’18 with Verifone Inc., Gurgaon as Manager - Supply Chain
Finance Analytics (as Consultant-through 3rd Party)
Jul’13 - Nov’15 with Motorola Mobility India Private Ltd., Gurgaon as
Manager - Centre of Excellence (Procurement/Sourcing - Finance)

PERSONAL DETAILS Jan’13 - Jul’13 with Samsung India Electronics Pvt. Ltd., Gurgaon as
Date of Birth Manager - Internal/Forensic Audit (SWA-HQ)
7th January 1978
Jun’12 – Jan’13 with Schneider Electric Infrastructure Limited,
Languages Allahabad as Manager - Accounts (FSSC)
English & Hindi
Mar’10 - Jun’12 with Cargill India Pvt. Ltd., Bhubaneswar as Deputy
Address Manager - Finance & Accounts
Flat No. B2/713, Jalvayu Tower,
Sector-56, Gurgaon. Oct’06 - Feb’10 with Hindalco Industries Ltd. (Unit: Birla Copper),
Dahej- Bhrauch as Assistant Manager

Key Result Areas:

 Managing finance functions such as determining financial objectives,
Project Finance, designing & implementing systems, policies,
conducting cost analysis and reporting variances for facilitating internal
financial control
 Implementing systems, procedures & manuals for preparation &
maintenance of statutory books of accounts & financial statements,
ensuring compliance with statutory requirements
 Creating budgets for determining difference between projected & actual
results and implementing corrective actions for same
  Understanding audit requirements, observing & validating process,
preparing documents and giving recommendations on internal control
 Directing financial analysis, internal and regulatory reporting,
accounting operations, budgeting, forecasting that leads to long-term
improvements in cost savings, profitability and productivity
 Ensuring agreement on standard cost with each Contract Manufacturing
(CM) Site for quarterly pricing cycle

 Working towards the validation and agreement with CM/EMS on Bill of Material (BOM Cost) and adding material value to
finalise product costing.
 Validating PPVs (Purchase Price Variances) and buydown (Inventory Revaluation) with CM/EMS sites followed by
Physical Inventory check on periodic basis at CM sites (China/Taiwan)
 Formulating spend report, conducting QOQ analysis and identifying the areas for cost saving opportunities
 Reviewing spend saving analysis and submit findings to category team to drive further cost reductions

Highlights:
At OYO Rooms (Oravel Stays Pvt. Ltd.)
 Leading the Finance Reconciliation and owner payment Process for Self-Operated Business (More then 4000+properties)
with 98% accuracy.
 Complex Recon issues handling and setting up correct expectation and process with Ground Team
 Managing pay-out for INR40+ Cr every month (Approx. INR 500cr P.a.)
 Handling Daily MIS, Co-ordination with all ground and Business team
 Setting up regional finance structure at city level
 Review of Daily, weekly and Monthly Dashboards
 Drafting and finalisation of SOP and Compliance policies at central and ground level and ensuring adherence of same
 Ensuring all process controls are in place and identifying and plugging the Gaps, if any.
 Managing day to day accounting and review of relevant Balance sheet Schedules (Debtor/Creditor, Business advances,
Lease Schedules)
 Ensuring correct Liability and expense accounting in SAP
 Managing the team of 15+ employees
 Development of growth plan for team members
 Ascertaining Fund requirement and managing the same with treasury team
 Closely working with Tech team for new automations as per business requirement.

At Ultratech Cement Limited (BARA Cement Works)

 Leading the Finance and commercial function in setting up New Plant (4MN TPA) at BARA, near Allahabad
 Complex Project issues handling and setting up entire team and process
 getting ready the details for Capitalization
 Handling Costing of processes, Stores, purchase, Daily MIS, Co-ordination with all technical team and marketing, Books of
Account, Legal compliance.
 Managing Commercial activities in Manufacturing set up.
 Supporting all manufacturing and sales operations, Invoicing, GST, Taxation Compliance, Dispatches, Logistics Planning,
Sale order management, MIS
 Active participation in formulating the costing strategy for Naked cement and packed cement per bag cost
 Implementation of new strategies for better coordination between plant and Sales Team.
 Active participation in the planning and budgeting exercise and updating of same in TM1 and tracking PMS against budget
on monthly basis
At Verifone Inc.
 Successfully managed & monitored a team of 14 Analysts at different sites; coordinated with teams located in different
geographies for Analytics and Reporting purpose
 Developed and implemented automated Claims Validation Process that increased transparency, reduced processing
time, resulted in savings of more than $1 million in last Verifone financial year.
 Reduced the cost of outside accounting through measures such as hiring cost effective resources and grooming them
quickly
 Increased cost efficiency by 1.5% and improved profitability through various cost control initiatives
 Responsible for Product Cost roll up and ensure its accuracy & timely completion for quarterly pricing cycle with CM/EMS
 Scrutiny and analysis of component inventory lying at various CM sites and report excess to management and recommend
corrective action (like ATB analysis cancellation) and driving them internally as well as with CMs.
 Support Various Roll up Cost reports (Specially for NPI or any significant changes in existing product) and provide detail
analysis to NPI procurement and engineering team.
 Ensure Internal Control for various work process are in place by reviewing check points and controls periodically with
team and make sure they are still effective and ensure necessary changes if any.
 Review of validated consolidated claims quarterly and analyse root cause for same and review them with internal
stakeholders to suggest corrective action to reduce the claims.
 Gross Margin Analysis and reporting.
 Support Internal and External Audits.

At Motorola Mobility India Private Ltd.

 Recognized for the following achievements:
 Front-led and managed a team of 13 Analysts at India site and dealt with USA, China & LATAM
 Successfully led the Activity-based Product Costing Team to develop the costing model for several internal organizations
which resulted in 2.5% reduction in metrics for Motorola Mobility Sourcing Business
 Physical Inventory check on periodic basis at CM sites (China)
 Improved accuracy, developed trend analysis and reduced generation time from 15 to 7 days by restructured the internal
financial reports for procurement/sourcing
 Adjudged as the winner of Bravo Award for timely pricing and claims completion contribution

At Samsung India Electronics Pvt. Ltd.

 Conducted investigation related activities for demo handsets and SPC
 Administered audit of marketing activities like GSB, mall activations and so on

At Schneider Electric Infrastructure Limited

 Worked as Plant Accounts Head for Naini (Allahabad) Plant
 Administered fixed assets accounting including capitalisation and preparation of FA schedules
 Ensured real-time MIGO & MIRO for Unit transactions
 Conducted internal audit for Cross Plants (Switchgear Division)

At Cargill India Pvt. Ltd.

 Reviewed & audited all the accounting transactions for Paradeep Plant and East region
 Done physical audit of oil stock at plant and Port depot
 Conducted and implemented internal audit for policies compliance for 3 Plants (Paradeep, Kandla and Kurkumbh)
 Administered CFA inventory & claim audits and physical audit of stock at Plant & Port
 Successfully conducted primary & secondary schemes audit at WD points

At Hindalco Industries Ltd.

 Successfully implemented Oracle R12i for AP module
 Conduct quarter end physical Audit of inventory at material stores
 Controller for repair and maintenance expense for all plants and done variance analysis with budget
 Nominated & recognized as Excellent Performer for two consecutive years