Subhendu Kumar Pattnaik

Head of Finance and Accounting @Oriental Cuisines Pvt Ltd

Chennai, IN

Leading a team of 2 manager and 8 executives in managing the accounts and finance and statutory compliance function.• Re-designed the reporting system (MIS) clearly indicating the variable cost, Contribution and overheads, etc. Designed proper allocation of common costs.• Improved Strategic planning and accountability by conducting weekly review meetings.• Key role in reducing the Food Cost by 3% through proper management of Dump and Discount.• Improved GP by 2% through controlling packaging cost & other consumables.• Stopped revenue leakage by complete automation of supply chain system and periodic audit of outlets• Reduced overheads like cost of auditor & consultants.• Controlled Bank charges by managing the credit card commission. Cash collection charges and emphasizing UPI payments. • Proposed and closed un-profitable business units (Particularly units making cash loss)• Managed huge payables with proper planning of funds. Reducing and denying non-business related payments. Making best use of available funds• Pre-planning annual requirement of major purchases so as to get better price from the suppliers by making annual/half year contracts.• On-time payment of various Direct/Indirect Taxes like GST, PF, ESI Etc.• Cleared old statutory dues in TDS, Income Tax Dept. PF, ESI, etc.• Vital role in convincing management towards further investment through computation of accurate project cost and reliable pay-back period.• Facilitated renovation of old outlets by comparing the incremental revenue against the additional investments.• Maintained proper co-ordination between the investors (Mauritius) and business units.

Institute of Cost Accountants of India

ICWAI, COST ACCOUNTING

Indira Gandhi National Open University (IGNOU)

BACHOLOR IN COMMERCE, Business/Commerce, General