Assistant Manager (Costing & Inventory) at Windlas Biotech Ltd. (2024-10 – Present)
Responsible for cost analysis, inventory valuation, and financial reporting in a biotech manufacturing environment.
- Conduct cost variance analysis (actual vs Standard costs) to identify production inefficiencies and support data-driven pricing decisions.
- Determined minimum order placement rates for customer dealing in injection-molded products optimizing pricing strategy and profitability.
- Developed and maintained master file for Bills of Material (BOM) to support accurate inventory valuation for financial purposes.
- Performed inventory valuation to maintain compliance with accounting standards, ensuring accurate financial reporting and audit readiness.
- Generated inventory aging reports and calculated provisions for slow-moving and obsolete stock, ensuring compliance with accounting policies and accurate financial reporting.
- Managed Net Realizable Value (NRV) Analysis and purchase price tracking, improving inventory costing accuracy.
- Generated Inventory reconciliation reports, aligning production, consumption and inventory reports on quarterly basis.
- Prepared monthly MIS reports enabling management to make strategic decision.
- Maintained and reconciled the purchase register with the general ledger, ensuring accuracy in financial records and timely discrepancy resolution.
Junior Account Assistant/ Cost Trainee at Prasar Bharati (2022-07 – 2024-10)
Conducted financial and cost analysis to support pricing strategy and organizational performance evaluation in a government media organization.
- Conducted comprehensive financial and cost analysis to support pricing strategy, including development of rate cards for airtime, advertisements, promotions, and media properties.
- Performed asset valuation and cost assessments to determine optimal rental/lease pricing for organizational assets.
- Prepared and analyzed detailed production cost sheets to monitor efficiency and control expenses.
- Gained hands-on experience in e-file processing within government organizations, ensuring compliance with regulatory procedures.
- Carried out competitive benchmarking by analyzing tariff structures, costing models, and financial performance of competitor channels.
- Executed variance analysis (Actual vs Budgeted) on monthly, quarterly, and annual basis to evaluate organizational performance.
- Prepared monthly revenue reports for the organization, covering both AIR and Doordarshan operations.
