Yogesh Dawalkar

Financial Planning and Analysis Manager @Reliance Industries Limited

Navi Mumbai, IN

FP & A Role :Reliance industries ltd (Hydrocarbon Business)1.Material Accounting & Stock reconciliation-Designated for Daily material accounting of petrochemical division in SAP, including production, consumption, tracking unaccounted losses, reviewing captive consumption of material- Reconciliation of tanks stock & book stock at each month end- Conducting physical verification of storage location on specified time intervals.2.Budget PreparationHandled responsibility of drafting Annual operating plan for manufacturing activities in co-ordination with process heads- forecasting fixed expenses by taking into consideration of department-wise requirement, past trends, future contingency3.CostingMonthly SAP finalization by way of GL corrections, allocation & transfer of expenses, Process order settlement, Splitting and pricing of activity cost, Evaluating activity rates & reasons for any unusual fluctuations in the rates- Conducting monthly costing activities by way of cost sheet preparation, analyzing norms variances, reviewing possible actions to be taken on monthly basis with site president and plant managers.4.Capex monitoring Monitoring of actual spent against budgeted cost.(have handled 120 cr projects monitoring)- Supporting capitalization process of projects, i.e. assisting central team relating to Allocation of expenses equipment wise, ensuring no FIM (Free issue material), open commitments (PR/PO), is pending against capex, cost center to be used for the project- Cost & benefit analysis for new projects (i.e. Profit improvement Objective projects, Cost reduction objective projects, Energy conservation projects)5.MIS reporting to central managementInventory valuation for insurance purpose- MIIS reporting including production return data, fuel report, weekly fuel variance report, capex report etc- Assisting internal, external auditors, government officers for the FP & A functions. etc.

Savitibai Phule Pune University

Bachelor of Commerce - BCom

The Institute of Chartered Accountants of India

Charterd Accountant