Summary
Overview
Work History
Education
Skills
Timeline
Generic

Mahesh Dighe

Cost Analyst
Mumbai

Summary

Dynamic and results-driven adept at enhancing financial performance through advanced analytical skills and effective decision-making. Proven track record in developing robust costing frameworks and optimizing inventory valuation practices, leading to improved profitability and operational efficiency. Strong communicator and collaborator, committed to driving team success.

Overview

27
27
years of professional experience

Work History

Manager Costing

VIP Clothing Limited
08.2011 - Current
  • Successfully developing Costing as an independent function fully integrated with Financial Accounting by developing and periodically reviewing Cost Centre Structure and Cost Centre Accounting Policy.
  • Engaged with Finance and IT team members to analyze, built and operate robust Profit Centre architecture and .
  • Close co-ordination with Product Development Team to study and develop Cost Document for new products and revamp version of current products.
  • Monitoring Key Raw materials prices and providing Futuristic Cost to Sales Team for decision making on schemes.
  • Monitored inventory levels and assisted to optimize the same through Material Walk-throughs, Net Realizable Value Technique, Stage wise Inventory Overview, Trend Analysis, Product to Product Comparison and Ageing Report.
  • Improving Company's Financials by implementing different Inventory Valuation Practices.
  • Maintaining by periodically releasing Standard Cost Estimates in SAP Systems.
  • Conducting in-dept of Plant Performance through Actual Cost Analysis, Variance Analysis, Consumption Norms Study, Capacity Utilization and Floor Product Mix.
  • Preparing Product Contribution Analysis month on month basis to check high performing and low performing products and segments.
  • Controlling General Ledger Accounts related to Inventory and Changes In Inventory and reconciling GR/IR Accounts.
  • Monthly submission of Drawing Power Report to bank based on Inventory-Debtors-Creditors.
  • Co-ordination with Statutory, Tax and Bank Auditors on regular basis.
  • Contributed to continuous refinement of work processes to avoid errors and to ensure the Best Manufacturing Practices.


Assistant Manager - Costing

Dania Oro Jewellery Private Limited
03.2008 - 08.2011
  • Supporting a team headed by Vice President – Sales in developing and updating the Bill of Materials for each style ordered by buyer.
  • Monitoring the metal quotes at London Metal Exchange and crosschecking the same with buyers’ Purchase Order.
  • Reporting on Component wise Value Addition of each style exported and commenting on critical areas.
  • Reporting on Metal Usage and Price Variances and seeking reasons from the production team.
  • Developing Capacity Matrix showing Department wise Process wise capacity and highlighting the limiting factors under different scenarios
  • Developing and updating the Diamond Grid for each buyer as per Management directives.

Accounts Executive – Nature’s Basket

Godrej Agrovet Private Limited
03.2007 - 02.2008
  • Purchase Accounting and control of Creditors Accounts in SAP environment.
  • Sales and Revenue Accounting and Reconciliation.
  • Control of Bank Accounts and Funds Allocation.
  • Petty Cash Expenses Accounting and control.
  • Stores Operational Audit as per Cashiering Policy in place.
  • Planning and executing Physical Stock Verification at different stores


Costing Executive

ANSA Print Pack Private Limited
11.2004 - 02.2007
  • Finalizing Annual Revenue Budget based on the business plans of principal customer – Piramal Healthcare.
  • Analyzing the Target Costs for prospective customers.
  • Studying the printing jobs and coordinating with the Design team for Board / Paper consumption norm based on optimum layout.
  • Approving Cost Sheets of Offset jobs for the purpose of pricing and coordinating with Production team for accurate details thereof.
  • Monitoring and Monthly reporting on Job Development Cost.
  • Analyzing the data of Job wise wastages for the use in cost sheets.

Senior Assistant - Accounts

Indorama Cement Limited
04.2000 - 10.2004
  • Successfully handled Freight Outward Vendors to keep the process of Sales transportation smooth .


  • Developed and maintained comprehensive filing systems, enhancing document retrieval processes and supporting organizational efficiency.


Senior Trainee - Accounts

Cadbury India Limited
07.1998 - 04.2000
  • Assisted in preparation of Manufacturing Efficiency Report.
  • Assisted in preparation of Manufactured Controlled Cost Report.
  • Assisted in preparation of Annual Budget for Materials.
  • Quarterly Actual Overhead Costing.
  • Usage Variance Analysis.
  • Section wise Yield Analysis.
  • Physical Stock Taking and reconciliation with Books of Accounts.
  • Expenses Bill Booking and payment to vendors in SAP environment.

Education

Cost And Management Accountant -

Institute of Cost And Works Accountants of India
Kolkata
04.2001 -

Bachelor of Commerce -

University of Mumbai
Mumbai
04.2001 -

Skills

    Decision-making

    Clear communication

    Coaching and mentoring

    Analytical thinking

    Advance Excel Skills

    Teamwork and collaboration

    Problem-solving

Timeline

Manager Costing

VIP Clothing Limited
08.2011 - Current

Assistant Manager - Costing

Dania Oro Jewellery Private Limited
03.2008 - 08.2011

Accounts Executive – Nature’s Basket

Godrej Agrovet Private Limited
03.2007 - 02.2008

Costing Executive

ANSA Print Pack Private Limited
11.2004 - 02.2007

Cost And Management Accountant -

Institute of Cost And Works Accountants of India
04.2001 -

Bachelor of Commerce -

University of Mumbai
04.2001 -

Senior Assistant - Accounts

Indorama Cement Limited
04.2000 - 10.2004

Senior Trainee - Accounts

Cadbury India Limited
07.1998 - 04.2000

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Mahesh DigheCost Analyst