Abhishek Bangad
Finance Manager at Bajaj Auto | Pricing and Profitability - Chetak EV| PLI | ex-Tata Motors| IIM | NIT
- Role
- Manager- Finance at Bajaj Auto Ltd
- Location
- Pune District, MH, IN
- LinkedIn followers
- 500 followers
About Abhishek Bangad
Dynamic and results-driven finance enthusiast with over 5 years of experience…
Experience
Manager- Finance
Apr 2023 — Present · Pune, IN
o Developed and executed comprehensive financial plans and strategies for Chetak EV, resulting in substantial increase in annual revenue and improved profitability of Chetak EV Line of Businesso Worked on comprehensive pricing analysis for the introduction of new electric vehicle, utilizing market research, competitive benchmarking, cost analysis and DVA% computation to determine optimal pricing strategyo Implemented dynamic pricing mechanisms based on market trends competitor Pricing, Customer segmentation resulting in improved pricing flexibility and responsiveness for current and upcoming models of EV 2Wo Implemented process improvements and best practices in financial operations, enhancing efficiency and accuracy in financial reporting and complianceo Utilized Activity based costing (ABC) methodology to allocate indirect cost and overheads more accurately, improving cost visibility and decision making.o Collaborated with cross functional teams including engineering, procurement, finance, and manufacturing to gather cost data and validate cost assumptions for accurate costingo Responsible for PO/POAMs Payment Release of Electrical Category from Financeo Core Member of Production Linked Incentive (PLI)/ FAME/ EMPS Team of Bajaj Chetak EV Two Wheeler and achieved PLI Certificates for Chetak for 13 Variants of Chetako Hands on experience on SAP MM and FICO Module and worked on various automation project in SAP
Education
Visvesvaraya National Institute of Technology
Bachelor of Technology - BTech
2013 — 2017
St. Xavier's High School, Nagpur
SSC
2010 — 2011
VMV Commerce JMT Arts JJP Science College, Wardhaman Nagar
HSC
2011 — 2013
Indian Institute of Management Nagpur
Master of Business Administration - MBA
2020 — 2022
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