S. RAMA DEVI

Experience

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  Vepa & Co.

  Feb 2004 - Jan 2006

  Article Trainee
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  Air India Limited

  Feb 2006 - Mar 2007

  Industrial Trainee
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  WABCO

  Apr 2007 - Apr 2016

  Financial Controller

  WABCO (formerly known as Sundaram Clayton Ltd.) manufactures CV Brake products having 5 plants with the turnover of INR 2000 Crs.The headquarters is at Brussels.My Profile Country Finance controller for 5 plants & Site Finance controller of Ambattur plant  Responsible for Annual Operating Plan & Strategic Business planning; Capital Budgeting; Product Costing / Financial reporting under Indian Accounting standard / US GAAP; Inventory and Fixed Asset Management. Handled FP&A roles - Project Finance / Transfer Pricing / White paper study / Business case vs. Actuals / Cost benefit Sourcing strategy  Drive profitability through Profitability improvement initiatives like Cost workshops, Contribution 2X2 matrix meeting with recommendations, Make or Buy analysis, validate & certify savings Handled Statutory / Internal Audit / provided financials for Audit Committee Meeting & Board meeting Published weekly, monthly financial statements & presented Profit & Loss / Variances & Plant KPIs to the senior management team and global team.Achievements Got 4 promotions in 9 years and got recognised in the Global talent review meeting Recognised with Certificates for handling Project Finance & implementation of projects on time Instrumental in getting the Best Cost Management award for the organisation (First place in all over India) from the Institute of Cost Accountants of India (ICAI)  Recognised for training my team (Plant finance team) to present the plant financials with the variances Sponsored for Next Gen leadership training Show less

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  RANE BRAKE LINING LIMITED

  May 2016 - Nov 2020

  Head - Management Accounting

  RBL manufactures Friction Material for Auto industry having 4 plants with the turnover of INR 500 Crs.My profile  Head – Management accounting for the company  Responsible for AOP/ SBP ; Capital Budgeting; Financial reporting under Ind AS, Fixed Asset Management / Working Capital Management (AR / AP & Inventory)  Responsible for Pricing validations / profitability drive  Handled Statutory / Internal Audit / provided financials & presentations for ACM & Board meeting  Liaised with Government officials for R&D tax exemption benefits (DSIR) Published weekly, monthly, quarterly financial statements & presented Profit & Loss / Variances & Plant KPIs to the MD / senior management team and global team.Achievements Nominated as a project leader for a Backward Integration project and well recognised by the Top Management Sponsored for High Potential Leadership Development and driven turned around of a loss making plant to profits through CFT  Promoted and transferred to one of the big companies in the Group Recognised by the internal peer groups / Management for automation of many manual processes Show less

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  Rane Madras Ltd (RML)

  Dec 2020 - Aug 2023

  General Manager - Finance

  Rane (Madras) Ltd. manufactures automobile products having 3 divisions and a subsidiary company at US. Steering Linkage Division (SLD) is the major division in the company having 5 plants with the turnover of INR 2000 Crs. My Profile  Head – Finance of Steering Linkage Division.  Responsible for AOP/ SBP Financials; Capital Budgeting; Costing & Pricing | Drive Profitability | Fixed Asset Management | Working Capital Management (AR / AP & Inventory) | GST compliance | Project Finance Present Financials / Variance analysis / KPI to Chairman & Vice chairman & responsible for publishing presentations for Board & Audit Committee meeting. Handle Internal Audit | Statutory Audit | Customs Audit  Involved in Mergers & Acquisition, Due diligence, High level Business case studyAchievements Won the Internal Group Award for the CFT “Excellence in High impact initiatives” for Peer company acquisition Sponsored for Executive Program in Strategic Finance at IIM Lucknow Show less

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  CRCL LLP

  Aug 2023 - now

  Chief Financial Officer
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  Rassense Private Limited

  Feb 2024 - now

  Chief Financial Officer

  Tech enabled Food solution Partner