CMA Ashita A.

Soni
Mob: 9664118099
Email ID : ashusoni87@gmail.com.
Location : Mumbai

OVERVIEW
| Strategic Business Planning | Analytical & Logical approach| Business Process Improvement |

Qualified professional with a total work experience of 9+ years. Expertise in Implementation phase, Data
Analysis, MIS, Product Costing, Annual Budgets & Audit.
Good orientation towards Communication, Quality, Processes & Procedures.

Achievements / Awards :

 Implementation of SAP standard costing for own plants & 3 rd Party plants at Mahyco Pvt. Ltd.
 Certification provided for active involvement for implementation of SAP S4 HANA at Mahyco
Pvt. Ltd.
 Implementation of system based Costing and Material requirement planning as core team
member of SAP S4 HANA – at M/S. Jyothy Laboratories Ltd.
 M/s. Jyothy Labs. Ltd. Awarded the best employee for the year 2015-16.
 Standardization in various work processes for ISO Certification at M/s. Ashapura Aromas Pvt. ltd.

Profession Experience:

1- Maharastra hybrid seeds Pvt Ltd. (Mahyco Pvt. Ltd.)

(An Indian company – Business – Seeds of Cotton,Veg & Row crop) .

Designation: Associate Manager- (Costing & MIS). May 2020-Feb2022.

Responsibilities:

 MIS preparation weekly / Monthly for Sales and R&D expenses Budget VS Actuals and reporting
its numbers in monthly PNL. (Domestic business).
 Took lead in implementation of Standard product costing for own plant & 3P in SAP S4 Hana.
 Active involvement in yearly cost budgets - deriving the activity rates and maintain the same in
SAP – activity and cost center wise.
 To ensure monthly plant wise production order closure and settlement of orders (WIP run) in
SAP.
 Monthly standard cost run and release for various plants in SAP.
 Development of various reports in SAP – COGS, variances report, BOM and routing and master
data report for quantity and Std. rate, MAP, Planned price and percentage increase.
 To assist in yearly inventory valuation and coordinate with the statutory auditors for queries.
 Cost center – element wise preparation and analysis of supply chain cost Budget VS Actuals and
reporting the under/over absorption of overheads.
 Handled yearly RND Budgets – coordination, collection, analyzing the budgets and upload the
same in SAP – cost center and element wise for planning. (Forming – Rs.68 crs part of PNL )
 Consolidation of Yearly sales budgets zone wise, derive contribution and comparison with
actuals.
 Technical and financial analysis for capex proposals (R&D dept), calculating pay back period and
ROI for the same.
2- Mahindra & Mahindra Ltd.
(An Indian MNC – Automobiles & Farm Equipment sector).

Designation: Deputy Manager Finance – (FES group) May 2019-Nov 2019

Responsibilities:

 Monthly closing activity – Data flash closing report, Inventory valuation, run Vendor mix impact
FTM in SAP & Spares Profitability report .
 Monthly MIS – Plant Production value wise, Analysis of FG Inventory days, IO Sales mix VS
Budgets VS PY, Gross Contribution report, SOD of stocks for bank, Insurance stocks report.
 Quarterly audit schedule – Qty reco, MAP analysis, performance folder, CFO certificate for non
moving stocks , NVM analysis .
 Handling Gromax (MGTL) business of Rs.30 crs – release its costing, Debit / Credit note
workings.
 Evaluation and approval of ECN of the proposal which are going to be implemented further and
ensuring its cost impact and allowing provision in books for the same.
 Pricing for new models and also releasing landed cost sheets of the models as and when
requirement from marketing, IO, PD and other teams.
 Yearly roll ups activity ie opening roll up and releasing its cost for own plant and spares plant.
 Other cost release run for new part produced in plant as and when required.
 Handled cost audit and made schedules and para and reporting of Related party transactions.

3- M/s.Jyothy Laboratories Pvt. Ltd.

(FMCG sector - Mullti brand , Multi products ) .

Designation: Sr. Officer – (Operation Finance) May 2015-April 2019

Responsibilities:

 Implementation of costing for plants system based. (FIFO & weighted average).
 Handling monthly run - material requirement planning for all the 3 rd party plants to maintain
inventory - RM /PM / SFG at plant level.
 Release monthly costing across 13 plants and reporting of cost variances. (PPV, MCV ,
MUV ,MMV , MYV) .
 Yearly preparation of cost budgets and quarterly comparison with actuals for corrective action.
 Making BOM across all skus / brand / promotional as per the production plan and its upload in
SAP.
 Preparing monthly MIS –(1) Production Plan VS Actual (brand wise & unit wise) , (2) cost benefit
analysis for steel plants (scrubbers) for cost optimization (3) stocks ageing analysis across plants
(4) Sales MIS .
 Monthly analysis of Top gross contributing products with quarterly forecast in domestic market.
 Monthly review of stocks – over/under consumption, transfers for its financial impacts and
accordingly suggest changes in bom for cost reduction.
 Quarterly review – Nonmoving stocks valuation for its further action and control.
 Monthly preparation of Debit / Credit notes for FG cost and Freight variances submission to
Finance for settlement of accounts. (3P plant) .
 Preparation of statement of plant profitability for own mfg unit.
 Involved in activities for implementation for SAP S4 HANA for MRP& costing.
 Active role in GST implementation in the software for day to day activities of plants and costing.
  Associated with the workings and negotiation for the conversion cost for the plants .
 Working of cost saving due to GST implementation plant wise .
 Quarterly prepared workings for GST refund.
 Assist in IFC audit and Cost audit – quantitative stocks data support yearly.

2- M/s.Ashapura Aromas Pvt. Ltd – An Anupam Group Enterprise

India’s No 1 company in the field of Mktg and Dist. of Aroma Ingredients.
(The successful and admired company offering a range of more than 1000 products under one
roof, catering to more than 600 customers).

Designation: Cost Accountant. Nov 2013 – Feb 2015.

Responsibilities:

 Preparing monthly inventory reports, primary packing material, re-order level statement for
estimation of stocks.
 Weekly review of physical bond stocks in order to control the cost of interest of the inventory.
 Initiated and prepared Cost sheet giving analysis and estimations – product wise , port wise and
Inco terms wise costs of the various imports and also for domestic material and reported to the
Director to set its right pricing .
 Analysis and comparison of costs for high seas sale, bond transfers and Local sales.
 Set the thumb rule product wise and Variance analysis of actual cost with the standards along with
its corrective action.
 Quotes comparison of various forwarders and negotiation with them on freight rates, fixation of
CFS charges and other import expenses.
 Contributed in saving monthly approx. Rs.1.50 Lakhs in freight charges thereby decrease in cost
per unit.
 Prepared documents for release of import material, Bond transfers and High seas sale and
submission of the same to CHA.
 Implemented standardization in various work processes department wise and also with the
service providers, flow of documents, reports in order to have proper utilization of resources and
saving in time as required by the management along with the SOP.
 Various MIS reports monthly – Purchases, stock status, Top 10 products, Sales report RM wise to
the management.
 Monthly Estimations, rate comparison, procurement and authentication of DEPB licenses for
Imports and its reconciliation.
 Monthly submission of Bill of entries to the bank as per RBI’s statutory requirement and
compliances from bank.
 Statutory compliances and prepared return for SAD (Special Additional Duty) filing for refund
claim.
3- M/s. Maharashtra State Electricity Transmission Co. Ltd. (Dept : Finance & Accounts)

Designation : Cost & Management trainee Feb 2011 – Oct 2013

Responsibilities:

A) Financial Evaluation Group : - (Project Costing & Controlling)

 Financial , Technical & Cost benefit analysis of the projects/ schemes.
 Evaluation and audit of technical and financial bids.
 Audit of Work Order & scrutiny of medical proposals of employees.
 Identifying new areas of improvement for standardizing process flow of documents (Checklist).
 Assisted in finalisation (evaluation) of tenders.
 Data updating on monthly basis relating to cost of various equipment (Data bank).
 Assuring adherence to various applicable policies & procedures as laid down by Govt./MERC etc.

B) Finance & Accounts (Head Office) :- (Accounts)

 Reconciliation of bank statement and past records to ERP system
 Preparation of Journal Vouchers & Classification of their accounting head.
 Booking of Fixed Asset & recording depreciation.
 Assisted in preparation of Finalisation of Accounts.
 Interacting with auditors and solving their queries.

4- M/s. Shipping Corporation of India Ltd. (Dept : Liner Accounts)

Designation : Cost & Management trainee Sept 2009 – July 2010

Responsibilities:

 Day to day report giving details of schedule of vessels.

 Preparation of Voyage estimates of container’s services (Finalisation of Voyage Accounts).
 Cost pricing of containers from India to Far East services (North-South china).
 Prepared cost sheet as assignment for vessel (Far East services).
 Contribution in SAP (Initial end user test training).
 Transactions entered in SAP system Master for booking of containers in a vessel from one port to
another (Automatically giving details of slot wise allocation of containers in vessel).

Academics

Certified Cost Accountant from Institute of Cost Accountants of India (ICAI) (2012)
Bachelors of Commerce from Nagindas Khandwala college, University of Mumbai (2008)

Computer Proficiency

Computer Proficiency – SAP S 4 HANA , ERP, Microsoft Office, Tally 9 with ERP, Fox Pro , Telnet .

Extra Curricular Activities

Table – Tennis 1st in college.

Personal Details :

Name : Ashita Anil Soni.

DOB : 03rd March 1987.

Martial status : Married.

Hobbies : Reading , Music &Sports.

Languages : English, Hindi , Marathi & Gujrati .

I hereby declare that above information is true to the best of my knowledge & belief .