Mohit Chordia
Chartered Account
Mumbai
Summary
Accomplished Manager in Financial Planning and Analysis at BSH Household Appliances, with a proven track record in enhancing operational efficiency and driving cost savings through innovative financial modeling and detailed variance analysis. Expert in SAP, with exceptional problem-solving abilities and strong interpersonal skills, I have successfully led teams to achieve performance goals.
Overview
13
13
years of professional experience
9
9
years of post-secondary education
Work History
Manager - Financial Planning and Analysis
BSH Household Appliances Mfg. Pvt. Ltd.
6 2019 - Current
- Played an instrumental role in annual budget planning and multiple forecasts by working closely with department heads to establish realistic projections based on historical data analysis.
- Analyzing monthly business performance of all product categories by performing various variance analyses, validating reasons for deviations with business partners.
- Supported executive decision-making with ad-hoc analyses, highlighting potential risks, opportunities, and areas for improvement.
- Responsible for month-end closing using COPA module in SAP, thus ensuring that all costs are allocated to the right product category.
- Reduced month-end closing time by streamlining reconciliation procedures and improving data integrity.
- Streamlined budget preparation and reporting, leading to increased accuracy and reduced turnaround time.
- Drove increased profitability through rigorous cost control measures and strategic resource allocation decisions informed by comprehensive financial analysis. E.g. Sales Consultant and Consumer Finance cost optimization.
- Collaborated with cross-functional teams, ensuring alignment between financial plans and business goals. E.g. Joint Business Planning with entire sales, category, and marketing team.
- Along with cost management, I am also responsible for capex budgeting and payroll reporting to regional headquarters.
- Provided guidance to junior team members, fostering professional growth and enhanced productivity within the finance department.
- Key user in implementation of special projects :- S4 HANA, DMS & SFA.
Deputy Manager
Deloitte Haskins & Sells LLP
03.2016 - 06.2019
- Performed the Statutory Audit, Limited Review, Group Reporting, and ensured compliance with all Indian GAAP, Companies Act 2013, and other statutory compliances.
- Performing analytical review of financial statements, evaluation of internal control systems of companies, identifying risk relating to financial reporting, and performing relevant audit procedures.
- Preparation and finalization of audit reports, financial statements, and other deliverables.
- Performed testing of fixed asset capitalizations of two major plants during statutory audit of Public Limited Co. in FY 18-19
- Trained and mentored department staff on policies and procedures to establish strong foundation for client development and service activities.
- Maintained strong client relations and provided excellent client service by producing high-quality deliverables.
- Major Clientele: Reliance Industries Ltd., Asian Paints Ltd., Dow Chemicals, Reliance Holding USA (Oil & Gas), Prime Focus Ltd., Berger Paints Emirates, SCIB Chemicals S.A.E., Kadisco Paints Ethopia.
Articled Assistant
Deloite Haskins & Sells LLP
11.2011 - 04.2014
Education
C.A. -
Institute of Chartered Accountants of India
Mumbai 11.2010 - 11.2015
B.Com -
University of Mumbai
Mumbai 06.2009 - 06.2012
High School Diploma -
Mayoor School Ajmer
Ajmer 03.2008 - 03.2009
Skills
Problem Solving & Decision Making
Interpersonal Skills
Teamwork & Collaboration
Conflict Resolution
Creativity / Innovative Thinking
Time Management
Self Motivation
Financial analysis and reporting
Management Reporting
Strategic Planning
Data Analysis
Business Planning
Profitability analysis
ERP System Knowledge
Business intelligence tools
Timeline
Deputy Manager
Deloitte Haskins & Sells LLP
03.2016 - 06.2019
Articled Assistant
Deloite Haskins & Sells LLP
11.2011 - 04.2014
C.A. -
Institute of Chartered Accountants of India
11.2010 - 11.2015
B.Com -
University of Mumbai
06.2009 - 06.2012
High School Diploma -
Mayoor School Ajmer
03.2008 - 03.2009
Manager - Financial Planning and Analysis
BSH Household Appliances Mfg. Pvt. Ltd.
6 2019 - Current
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