CMA Amit Padhye

Financial Controller at Grown Brilliance
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Contact Information
Location
Mumbai, Maharashtra, India, IN
Languages
  • English Professional working proficiency
  • Marathi Native or bilingual proficiency

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Experience

    • United States
    • Luxury Goods & Jewelry
    • 1 - 100 Employee
    • Financial Controller
      • Jul 2023 - Present
    • United States
    • Chemical Manufacturing
    • 700 & Above Employee
    • Business Cost Accountant
      • Nov 2021 - Jun 2023

       Responsible for business finance responsibilities of manufacturing plants in APAC region Finalization of business plan for manufacturing sites and tracking the performance against plan Ensuring the plants comply with internal control guidelines. Monthly closure of books as per US GAAPs for Legal entities Periodic review of P&L and B/S for bridge analysis and variance scrutiny Responsible for product cost estimates and review of inventory revaluations SPOC for statutory and internal audits Leadership responsibility for cost accountants supporting APAC region – recruitment, back-up planning, onboarding and engagement Show less

    • Senior Cost Accountant
      • Sep 2018 - Oct 2021

      Business Partnering for Cost AccountingEntity Accountant for ANZ, HK and IndonesiaResponsible for inventory controlImplementation of Cycle CountingFocal point for internal and external auditFocal point for Blackline reconciliation quality improvementLeading the Process improvement and automation team

    • Paint, Coating, and Adhesive Manufacturing
    • 1 - 100 Employee
    • Executive - Plant Administration
      • Mar 2014 - Sep 2018

      Executive – Plant Administration in Asian Paints Limited since Mar-2014. Working in capacity of head accounts and administration at Industrial Paints plant of Asian Paints Ltd, in Navi Mumbai. A. Cost Management and Budgeting B. Effective Internal Controls C. Ensuring compliance to GST and other statutes D. Commercial Activities E. Administrative activities Executive – Plant Administration in Asian Paints Limited since Mar-2014. Working in capacity of head accounts and administration at Industrial Paints plant of Asian Paints Ltd, in Navi Mumbai. A. Cost Management and Budgeting B. Effective Internal Controls C. Ensuring compliance to GST and other statutes D. Commercial Activities E. Administrative activities

    • Industrial Machinery Manufacturing
    • 100 - 200 Employee
    • Deputy Manager
      • Dec 2010 - Mar 2014

      2. Deputy Manager – Finance in Kirloskar Oil Engines Limited, in Engines & genset manufacturing plant at Kagal in Kolhapur from Dec-2010 to Mar-2014. Worked in capacity of Head – Costing & MIS function reporting to GM Finance. • Played a stellar role in streamlining the product costing process which helped marketing departments for price quotations. • Developed analytical reports for top management in areas of Material Cost, Plant conversion cost • Ensuring accurate inventory valuation and provision for non moving inventory • Played key role in formulating Annual Operating Plant for kagal plant and Export BU • Streamlined the Cost Audit process for Kagal plant • Worked as Controller for Export BU. Released Export BU’s MIS, which involved calculation of impact of exchange rate fluctuation on profitability, country wise sales achievement. • Performed Key role in implementation of Adaptive Planning, a reporting tool. • Instrumental in automation of inventory valuation reports for the plant which helped timely reporting of non moving inventory, valuation and provisioning of obsolete inventory in the books. Show less

    • India
    • Construction
    • 700 & Above Employee
    • Assistant Manager
      • Aug 2008 - Nov 2010

      2. 3. Assistant Manager-Finance and Accounts in Larsen and Toubro Limited, Heavy Engineering Division at Powai, Mumbai from August 2008 to December 2010. Team Member of Performance Measurement System (PMS) section. Key responsibilities were : • Project Costing and Project Wise Realisable Sales Value (RSV) Calculation • Budget Vs Actual Sales and Profitability analysis • Working Capital Analysis • Monthly MIS and Reporting • Handling statutory audit in the areas of revenue recognition, inventory. • System Developments Show less

    • Retail
    • 1 - 100 Employee
    • Cost Accountant
      • May 2007 - Jul 2008

      3. Worked with Godrej Agrovet Limited from May 2007 to July 2008 with it’s Integrated Poultry Business as Sr. Officer – Accounts. My responsibilities were: • Monthly Sales and Contribution Statement • Product Costing and Inventory Valuation • Monthly Closing and Statutory Audit • Consolidation of MIS of all the locations viz – o Contribution Statement, o Volume-Value Statement, o Budget Vs Actual Profitability Statement 3. Worked with Godrej Agrovet Limited from May 2007 to July 2008 with it’s Integrated Poultry Business as Sr. Officer – Accounts. My responsibilities were: • Monthly Sales and Contribution Statement • Product Costing and Inventory Valuation • Monthly Closing and Statutory Audit • Consolidation of MIS of all the locations viz – o Contribution Statement, o Volume-Value Statement, o Budget Vs Actual Profitability Statement

Education

  • Institute of Cost and Works Accountants of India - ICWAI
    CMA, Financial Management, Cost Accounting
    2002 - 2006
  • AICPA
    CPA - Aspiring, US GAAP, Audit, Regulations, BEC
    2022 - 2023
  • University of Mumbai
    Bachelor of Commerce (B.Com.), Accounting and Finance
    1999 - 2004
  • Aicpa
    Master's degree, Accounting
    2022 -

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