Rajat Shah

Experience

• 

  TATA Marcopolo Motors Ltd. Dharwad

  Feb 2017 - Jun 2018

  Assistant Manager

  • Performed the detailed product costing activities for all the manufactured product & recurring activities such as periodic costing runs in SAP as per product costing guidelines of the company• Analyzed & tracked the Product Cost as well as performed outlier analysis of the product costing, managed error resolution & initiated corrective actions for ensuring a robust product costing system in the organization• Prepared monthly MIS Report for tacking the pre-eminent KPI’s of the company along with analysis of the deviance from the recognized & established standards• Ensured computation of Burden Cost Rate & a holistic Inventory Analysis• Prepared Cost Reports, Data for Cost Audit and Feasibility Reports of projects in the company• Participated in the Cost Reduction Projects & validated the savings & analyzed Inventory as per age• Coordinated & liaised with internal & external auditors as well as prepared required data sets needed for ensuring the timely closure of the Audit• Prepared Feasibility reports of projects undergone in the company• Led & participated in cost reduction, continuous improvement of projects for exploring the avenues of cost reductions, resource optimization & smooth implementations of the identified projects Show less

• 

  Nestlé

  Jul 2018 - now

  Senior Executive Costing

  • Enabling accurate & consistent planning, budgeting & forecasting of the factory’s annual & quarterly budget with respect to Conversion Cost of the manufactured product by planning with key Factory Stakeholders like Production, Engineering Manufacturing Excellence• Coordinating all the SAP related activities for determining the standard cost of the all the intermittent products in the Production with business center as well as ensuring a correct costing of New Products• Recognizing & eradicating the adverse variances with respect to budgeted cost of products for the current year by conducting detailed Variance Analysis at weekly & monthly level with respect to Key Material losses, Labor & Energy usage at each SKU• Understanding the reasons of losses, wastages occurring during production & mitigating the same by identifying the root cause of the problem with different stakeholders like production, engineering, manufacturing excellence, product quality and so on• Ensuring system hygiene, robust & accurate product costing by executing the periodic audit assessments of Bill of Materials various Stock Keeping Units related to different product segment & ensuring the closure of inconsistency• Ensuring compliance & robust internal controls through self-audits related to Standard Operating Process• Generating the avenues of cost saving by identifying the opportunities through participating in brainstorming sessions of Cost Reduction Projects both pertaining to fixed & variable cost structure• Recognizing & implanting the improvements in the widespread process through performing the inter-factory benchmarking activity with respect to vital performing expanses• Providing decision support to Business Units through thorough analysis of all cost elements• Challenging operational parameters across the value chain and seeking cost improvement initiatives• Managing period end closings activities, physical verifications of inventories, accounting & other inputs Show less