Vikas Rustagi

Experience

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  Maruti Suzuki India Limited

  Jul 2010 - Jul 2011

  Cost Trainee

  Maruti Suzuki India Limited a well known automotive company. It was really a great and wonderful working experience with MSIL. Really very friendly and professional atmostphere which taught me a great professionalism, so really great time with MSIL.Worked as a cost trainee with Corporate & Finance payment team and was taken care of following responsibilities:Custom - Bill of Entry submission to bank.Was handling Accounts payable.Fund management for regional and zonal offices.Part of periodic audit internal as well as external. Show less

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  Cost Audit Firm

  Feb 2012 - Mar 2014

  Lead Cost Auditor

  - Product Costing- Process Costing- Bill of Material analysis- Production process analysis to manage and suggest cost centres- Cost centre analysis- Inventory Analysis- Cost of goods sold and Margin analysis- Preparation of Cost statements for cost audit and cost compliance as notified by "Ministry of Corporate Affairs, INDIA"Was haldled a team of 4 people.

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  Stork Rubber Products Pvt. Ltd.

  Mar 2014 - Jun 2015

  Costing Executive

  - Develop and maintain accurate product costs.- Pricing & Quotations and ensuring that the rates are appropriate and are kept updated with changes in the business.- Bill of Material analysis for product management.- Perform cost / benefit analysis for new products or projects- Process costing, overhead & machine valuation.- Review the budgeted overhead calculation and assisting in manufacturing with estimating costs for new and revisions to products- Accumulated and applied overhead costs as required by generally accepted accounting principles- Actual vs. Budgeted comparison and communicate variances and cost explanations to Management Team- Coordinate proper cost absorption in Inventory valuation - Cost of goods sold and Margin analysis- MIS reporting and evaluated key performance indicators (KPI's) and communicate issues to Management- Preparation of Cost statements for cost audit and cost compliance as notified by "Ministry of Corporate Affairs, INDIA"---------------- >Learned so many practical as well as professional things here.Now moving with a confidence for a new challenge.---------------- > Show less

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  DARWISH BIN AHMED & SONS

  Aug 2015 - Jul 2017

  Cost Accountant

  Worked as a cost accountant under service division:Taking care of following responsibilities :-Taking care of vendor's and customer's management (payables & receivables)-Inter-company and inter-division accounting-Fund flow, projections and forecasting-Petty cash management-Ageing analysis for making various MIS reports (payable & receivables)-Prepared, researched, resolved, and computed recurring and reversing journal entries; and reconciled all bank accounts..-Job analysis to review the customer credit or receivables status for appropriate decision making.-Participated in closing process such as journal entry preparation on monthly and annual basis Show less

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  JBF RAK LLC

  Jul 2017 - Sept 2019

  Assistant Manager - Costing and Accounts

   Doing monthly costing run in SAP to fix the material price and also to calculate the variances. Monthly MIS reports related to cost and financial movements. Analysis of profit center wise cost and its correct allocation. P&L analysis to analyse COGS and Gross profit. Stock review and valuation (RM, WIP and FG). Analysis of input – output ratio to ensure the correct consumption norms. Handling Anti-dumping investigation.Working on SAP-FICO.

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  Welspun Flooring

  Oct 2019 - Jun 2021

  Manager Costing & MIS

  Product Costing and Enquiry costings,Monthly,quarterly, half yearly and yearly MIS preparation,KPIs analysis, Input output analysis,Variance analysis actual vs standard or budgetedYearly budget and business plan preparation,Monthly, quarterly and half yearly projection preparation,Inventory valuation,Overhead allocation,machine hour activity rates calculation,SAP sale order and quotation costings etc.SAP activity rates updationContribution and margin analysis for target costings with sales and marketing team. Show less

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  Holcim Global Hub Business Services

  Jun 2021 - Sept 2023

  Senior Management Accountant - Deputy Manager

  Costing, MIS, budget and projections, management accounts etc.

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  Godavari Biorefineries Limited

  Sept 2023 - now

  Cost Accounting Manager

  Product costing, Cost Audit, SAP Fund Management, SAP FICO, Monthly MIS, Plant Controlling, annual Budgeting, Inventory Valuation, Overhead rate management, etc.