Amit Sham Doshi
Pune
Summary
Strategic finance manager with expertise in financial analysis, budget management, and risk assessment to support organizational growth and sustainability. Demonstrated ability to enhance productivity and efficiency in task execution. Strong leadership and problem-solving skills applied to complex financial challenges. Effective communication skills facilitate collaboration and achievement of business objectives.
Overview
23
23
years of professional experience
5
5
Certifications
Work History
Finance Manager (Transitions)
Eaton Technologies Pvt. Ltd.
11.2019 - Current
- Achieved successful transitions for 1 India Filtration site 3812, 1 Australia Filtration site 3728, 3 vehicle plants in Kings Mountain, Athens, and Canada, and 11 electrical sites including Crouse Hinds, Fayetteville, Moon Township, Doncaster UK, and Core 8 sites, while centralizing FP&A reporting activities, moving 8 FTEs from RTR to FP&A CoE.
- Coordinated North America accounting centralization and optimization project involving 500+ FTEs from business finance, supporting ES-PCS group and collaborating with 108 finance professionals across NA.
- Led end-to-end transitions for finance activities at North America Eaton manufacturing plants and HQs across various business groups including Electrical, Vehicle, Aerospace, and Filtration using Eaton PROLaunch methodology.
- Initiated project management using Eaton specified PROLaunch project methodology to ensure structured transitions.
- Enable cross-functional teams to produce high quality solutions, on time and to target costs.
- Identify issues and challenges in the current process along with opportunities for improvements.
- Process analysis: Analyzing current state and comparing it with Eaton standard processes.
- Create a standardized scope and identify the processes that can be standardized using SIPOC method Supplier Input-Process-Output and customer.
- Identified areas for standardization across main work stream processes and finalized improvement and implementation plan.
- Prepare and present details in a Gate review with USA DGC committee to progress with training and implementation.
- Delivered training according to implementation plans for project analysts.
- Monitored and reported training progress to stakeholders.
- Standard Operating process documents and obtain approvals confirming the accuracy of the newly designed processes.
- Preparation of the various Gate Reviews for Decision Gate committee.
- Coordinated North America accounting centralization and optimization project involving 500+ FTEs from business finance, supporting ES-PCS group and collaborating with 108 finance professionals across NA.
Lead Finance (Site Controller)
Eaton Industrial Products Pvt. Ltd.
07.2012 - 10.2019
- Oversaw the $3.5M Eaton Filtration Products line in India as Site Controller.
- Managed finance function, determining financial objectives to enhance internal financial and process controls.
- Analyzing current performance, prioritizing growth opportunities, preparing business model, conducting variance analysis and implementing corrective actions.
- Monitoring inflow/outflow of funds while taking adequate measures to ensure utilization of funds towards accomplishment of EPM objectives – DSO/DPO/DOH.
- Developing analytics around key performance indicators to facilitate qualitative reporting.
- Executed internal audits in compliance with US GAAP and I GAAP standards for the India business.
- Driving Profit Plan, Budgeting and Forecasting for India business on monthly basis in DFT and Encore system.
- Managing Capital Budgets for India, Preparing CAR in Oracle-R12 and financial analysis, ensuring Return on Investments (ROI) and in line with business requirements.
- Executed month-end close processes, including ACRLs, fixed assets, and cost allocations for business.
- Assisted Regional Controller in Singapore with APAC consolidation results for quarterly close, including inventory, AR aging, DSO analysis, and forecasts.
- Collaborated with the Corporate Tax team to ensure timely completion of Direct and Indirect Tax Assessments and uphold statutory accounting standards.
- Achievement: Successfully implemented MFG PRO and Oracle 11i for the plant manufacturing ledger.
- Enhanced profitability by increasing return on sales (ROS) from 8% to 25% within a five-year period.
- Improved cash flow by decreasing days sales outstanding (DSO) from 120 days to 70 days.
- Streamlined inventory management by decreasing days on hand (DOH) from 145 days to 57 days.
- India FLT/P3812 BSR review with US Team and Medium Gaps reduced to Meet guidance.
- Supporting Regional Controller on consolidation of APAC Inventory, Capex & working capital.
Analyst-Financial Planning
Eaton Technologies Pvt. Ltd.
Pune
06.2008 - 06.2012
- Budgeting and Monthly Forecasting.
- Consolidated headcount and expense plans for 700+ FTEs across engineering center in Pune, serving as business partner.
- EIEC Working on Profit Plan for Eaton Engineering Centre India.
- Oversaw analysis of profit plan versus actual and forecast versus actual for entire engineering center, enhancing financial oversight.
- Supported Business Managers on Planning Exercise.
- Capital Budgeting & Forecasting for Eng. Center across various groups.
- Billing and Monitoring of revenue and cost - engineering hours.
- Facilitated monthly operating reviews, identifying trends and variances to inform management decisions.
- Execute plans to achieve forecast in to RADAR system.
- Coordinating with Treasury and Local Corporate for surplus cash Investment opportunities in India.
- Monitoring inward and outward foreign remittances.
- Intercompany P Notes and Debit notes.
- Balance sheet Recons – Inter co. transactions.
- Hedge Transaction in collaboration with treasury.
- Oracle Implementation key contact for 0214 and 0238 ledger.
- Z-7 Balance sheet Reconciliations for 0214 and 0238 ledger.
- Sharing variance Analysis to the EIEC Leadership team.
- Preparation of Monthly Invoices and communication to WHQ.
- Monitoring Timesheets for EIEC and making sure billing is accurate to WHQ and various business groups across the globe.
- Facilitated internal, SOX, and statutory audits as a co-coordinator.
- Performed advance tax computations to fulfill legal obligations.
- Filing Monthly STPI and SEZ Softex for EIPL and ETPL.
- Conducted transfer pricing analysis to ensure regulatory adherence.
- Liaising with GFSSS for Advance Tax, Service Tax, TDS, Vat payments on time.
- Obtained E-stars recognition from the VP and Controller for contributions to profit planning and process improvements.
- Successful Implementation of Oracle 11i for 2 Ledgers of EIEC 0214 and 0238 in 2008-2009.
- Sox Training at Shanghai China and Guest Auditor for Vehicle Plant at Nasik.
Sr. Process Executive - Team Leader
Steria Ind. Pvt. Ltd.
11.2005 - 06.2008
- Supervised 22 FTEs in the AP Non-PO process, facilitating coding and distribution holds using the AP module in Oracle 11i.
- Implemented process improvements in supplier setup, resulting in reduction of 5 headcount.
- Coordinated with UK team for reconciliation of sub ledger and GL balance, ensuring accuracy in GL interface.
- While handling team worked on UK VAT Return for support and knowledge transfer.
- Month end reporting (soft close and hard close), scheduling diff. reports before soft close.
- Running APTB detailed & summary report, Prepayments, AP PO & Non-PO Accruals, GRNI report, AR reconciliation, Key control reports for Interim packs.
- Creating the parent in oracle & linking it to the correct grandparent.
- Enabling & disabling the cost center in oracle by running the “Trial Balance Report”.
- Achievements: Received “PAT ON BACK” award for Appreciation from client within AP team for quarter Feb-Apr 2006.
- Executed DNV audit preparation to ensure compliance with standards.
- Accounting to Reporting (8 months).
Finance – Officer
P & O Nedlloyd IT Services (P) Ltd.
05.2003 - 10.2005
- Tracked invoice progress from receipt to report generation, ensuring quality control and accuracy throughout process.
- Processed vouchers and ran pay cycle while generating MIS reports for management and vendors.
- Achievements: Achieved “EXTRA MILER OF THE QUARTER “within Finance Dept. for period Oct. 2004 to Dec.2004 for resolving the issues of the Rail UPR vendor and saving vendor contingency risk.
- Highest daily vouchers processed - 840 & 660. Achieved Spot Award for the same.
- Prepared process documentation for ISO audits, including process guides and standard operating procedures.
- Coordinated operations with rail vendors in North America and Canada.
- To undergo Audits conducted towards achievement of QMS Certifications (ISO).
Education
M.Com. -
Pune University
01-2002
B.Com. -
Garware College of Commerce
01-2000
H.S.C. -
Garware College of Commerce
01-1997
S.S.C. -
N.M.V. High school
01-1995
Skills
- Financial Reporting
- Budgeting and forecasting
- Finance transformation
- Analysis and financial planning
- Compliance Management
- Stakeholder engagement
- Change management
- Project Management
- Oracle and manufacturing systems implementation
- Agile methodologies
Languages
- Hindi
- Marathi
- English
General Interests
- Listening to Music
- Traveling
- Watching movies
- Cricket
Personal Information
- Passport Number: Z 6580925
- Date of Birth: 05th September
- Gender: Male
- Marital Status: Married
Certification
PMP certified Training from Simply Learn (Certificate Code : 8809682)
Timeline
Finance Manager (Transitions)
Eaton Technologies Pvt. Ltd.
11.2019 - Current
Lead Finance (Site Controller)
Eaton Industrial Products Pvt. Ltd.
07.2012 - 10.2019
Analyst-Financial Planning
Eaton Technologies Pvt. Ltd.
06.2008 - 06.2012
Sr. Process Executive - Team Leader
Steria Ind. Pvt. Ltd.
11.2005 - 06.2008
Finance – Officer
P & O Nedlloyd IT Services (P) Ltd.
05.2003 - 10.2005
M.Com. -
Pune University
B.Com. -
Garware College of Commerce
H.S.C. -
Garware College of Commerce
S.S.C. -
N.M.V. High school