Mayank

About Mayank

Hi, I\'m Mayank! A dedicated, outcome oriented financial analyst with a focus to drive sustainable Finance & Customer-Centric Business, and develop Sustainable products that transform people lives. A techie, engineering graduate, I was a \"Bronze medalist\" for FY 2011-15 batch @ NITJ. As the \"Cultural Secretary\', I organized over 100+ events & ensured that collage Life of 800+ students is a fun. Also, I founded \"Student Alumni Relation Cell,\" opening employment opportunities & sponsorship on campus. In my 8 yrs of professional experience, I\'ve worked across multiple Functions such as- Project Management, Operation & Product finance - in manufacturing domain. In my first role as Program Manager -for New product Introduction-I developed • World class SIGNA range of truck, improving safety & comfort for Drivers at risk of accident & premium for organization. • New product - 49T 4X2 segment truck, with annual salience of 40K units & 50% Market share. • Advance tech -ADAS, cruise control, gaining additional premium of $ • Product for. UAE market 6040.S, improving Market share by 3%. I developed skills around conflict resolution, team-work, persuasion, Collaboration, new product introduction. In my next role as Operational Manager, I started a program to help increase representation of Women on shop floor & develop their skill. I also help setup new manufacturing Line at Tata Deawoo- South Korea. I learnt Planning, Scheduling, Resource optimization, Lean, Six Sigma, Green Supply Chain. In my Current role as a financial Analyst for Heavy communal vehicle, I\'ve been driving sustainability initiatives for CV range of products through • Operational Improvement • Alternate Material Introduction • Manufacturing Footprints- Supply chain for delivery optimization. During this time I\'ve • Saved $ 6.3 million in outbound freight and reduce delivery lead time by 20%. • Business case modeling & introduction of Battery Electric, Fuel Cell, Hydrogen FCEV, LNG, CNG Trucks. • Improve profitability by 4% through discount analysis, suggesting remedial action, material cost reduction. During this time I learnt Business case formulation, optimization, risk- reward analysis etc During my professional tenure, I\'ve grown from an Individual contribute from an to people Manager. I\'ve also received \"Gold Medal \" in \'Tata Business Excellence Award\' Am a volunteer for Tata -ProEngage, helping NGO\'s transform people lives. Let\'s connect and chat about Sustainable finance, Operation, Product development & future of Automobiles Industry

Experience

1. Financial Analyst Product Line Finance, Heavy Commercial Veh, India

   Tata Motors

   Aug 2019 — Present · Pune division, IN

   Key roles & responsibility as a Financial Analyst- Product Finance are:1. Budgeting and Forecasting: Creating and managing budgets for product development, production, and marketing. Forecasting future financial performance and making recommendations for cost control or revenue enhancement.2. Business Case Development: Evaluate new product proposals and initiatives by creating comprehensive financial business cases. Assess the potential return on investment and financial impact of introducing new products or making changes to existing ones.3. Risk Assessment: Identifying financial risks associated with product development, production, or market changes and developing strategies to mitigate these risks & keep a check.4. Product Pricing Strategy: Collaborate with marketing and sales teams to develop effective pricing strategies that maximize profitability while remaining competitive in the market.5. Profitability Analysis: Analyse the financial performance of different products, models, and segments. Identify areas for improvement and recommend strategies to enhance overall profitability.6. Financial Reporting: Prepare regular financial reports and presentations for senior management and stakeholders. Summarize key financial metrics, variances, and trends related to product performance.7. Decision Support: Provide financial insights and recommendations to support strategic decision-making related to product portfolio management, investments, and resource allocation.8. Performance Metrics Tracking: Defining key performance indicators (KPIs) and tracking the financial performance of products against these metrics.

Education

• Vanderbilt University Owen Graduate School of Management

  Master of Business Administration - MBA, Strategy, Operations & Analytics, Finance

• Dr. B R Ambedkar National Institute of Technology, Jalandhar ( PUNJAB)

  Bachelor of Technology (BTech), Mechanical Engineering

  2011 — 2015