Pradeep Panchal
Finance Manager at Medtronic
- Role
- Finance Manager at Medtronic
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Pradeep Panchal
Experienced Finance Manager with a demonstrated history of working in the medical device…
Experience
Finance Manager
Nov 2007 — Present · Mumbai, IN
Working with India Medtronic Pvt. Ltd.(Medtronic PLC.) – as Finance Manager – since Nov 2007Key Responsibilities• Currently Finance Lead - Supply Chain, Service & Repairs and Channel Management • Handled Business Finance for RTG (Restorative Therapy Group) until Oct 2021Closing working with the Group Business Director on forecasting, budgeting, strategic planning and supporting regular finance business activities• Ownership of all financial for the group; Single point of contact for Business to meet all their needs related to financeResponsibilities: • Analyzing Business results – carrying out variance analysis of P&L and Balance Sheet.• Monthly forecasting of P&L• Identify Operating Leverage & Process Improvement opportunities• Compile & Analyze information on Strategic Plan submissions.• Leverage SAP and other Medtronic financial systems to improve quality of financial information available.• Partner with business on special projects / assignments viz. Competitor /benchmarking study etc.• Develop new reports, models for analyzing revenue, price, product performance and trends.• Annual Operating Plan (AOP) submissions – partner with business on detailed submission including product wise revenue & margins, OPEX and EBIT.• Strategic Plan submission – partnering with business on detailed base plan and initiative submissions• Handling Accounts Receivable for RTG Until 2012 handled the Accounts Receivable – for the Cardio Vascular business of Medtronic• Credit Clearance• Quarterly Balance Confirmation from Distributors• Resolving Queries from Distributors• Recommendation of DSO\'s Credit Limit\'s for Distributors• Bad Debt\'s working
Education
University of Bombay
Bachelor, Commerce
1992
D A V College Bhandup Mumbai
BCom, Accounts,Economics,English
1990 — 1992
St Xaviers High School Powai
SSC
1977 — 1987
SPJIMR SP Jain Institute of Management & Research
Master of Business Administration - MBA, Business Administration and Management, General
2018 — 2019
Skills
- Financial Analysis
- Finance
- Financial Reporting
- Business Planning
- Auditing
- Financial Audits
- Internal Controls
- Sap
- Six Sigma
- Forecasting
- Managerial Finance
- Strategic Financial Planning
- Process Improvement
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