Dinesh Nambhi

Job description

Role & responsibilities

Costing & Profitability Analysis

• Prepare and analyze standard and actual product costs for raw materials, packaging, and finished goods.
• Conduct variance analysis (material, labor, overhead) and suggest corrective actions.
• Monitor cost of goods sold (COGS), consumption of raw materials, semi-finished goods, packing materials, fuel, contribution margins, and profitability by product line or SKU.

2. Inventory Valuation & Control

• Maintain accurate valuation of inventories, including raw materials, WIP, and finished goods in ERP.
• Collaborate with store and production teams to ensure timely stock reconciliations and adjustments.
• Participate in physical inventory counts and support internal/external audits.

3. Budgeting & Forecasting

• Assist in preparing annual plant budgets and rolling forecasts related to manufacturing costs.
• Track cost performance against budgets and provide variance analysis with actionable insights.

4. ERP & Data Management

• Ensure timely and accurate cost entries, BOM updates, and consumption reporting in the ERP system.
• Generate cost reports, dashboards, and KPIs for leadership review.
• Improve ERP-driven costing processes and data integrity.

5. Cross-Functional Collaboration

• Work closely with Production, Procurement, Quality, and Finance teams to monitor and control factory costs.
• Recommend cost-saving opportunities and drive implementation of cost efficiency measures.
• Support finance team by submitting accurate data for monthly, quarterly, and annual closing activities.

6. Implementation of SOP at all Plants, Warehouses & Depots

• Guide teams and implement company SOPs for capturing real-time costs.
• Act as custodian of records prepared by procurement, stores, production, packing, and dispatch teams as per company policy and formats.
• Ensure accurate data is captured in systems on a real-time basis and nothing is overlooked.
• Reconcile system stocks with physical stock statements & highlight discrepancies or variations.
• Regularly study BOMs and identify gaps between actual and standard consumption.
• Ensure wastages/scrap sales are correctly documented & captured in the system.
• Ensure stock transfers between departments/group companies are captured in the system.
• Conduct vendor audits & job worker audits as per company policy.

• Enhanced financial accuracy with precise journal entries and thorough account reconciliations.
• Improved accounting efficiency by ensuring accurate document classification and transaction processing.
• Achieved payment processing accuracy through rigorous adherence to financial protocols.
• Upheld impeccable financial records by meticulously managing accounts payable and receivable.
• Advanced financial tracking by consistently reconciling prepaid and accrued expenses.
• Strengthened financial control with detailed bank reconciliations.
• Managed financial operations with a strong focus on compliance and precision within GCC regions.
• Maintained tax compliance and ensured timely VAT return submissions as per regulatory standards.
• Delivered clean financial data by generating profit & loss statements and comprehensive balance sheets.
• Produced detailed financial reporting with punctual monthly, quarterly, and annual submissions.
• Facilitated annual audits by providing comprehensive financial data and insights.
• Enhanced operational efficiency by overhauling bill of material allocation and inventory management processes.
• Collaborated with cross-functional teams to ensure seamless financial operations.
• Developed and implemented strategic initiatives for the Export Market, optimizing dynamic business processes.
• Maintained accurate accounting, ensuring prompt updates aligned with dynamic business needs.
• Partnered with Financial Planning Analysts to craft compelling proposals for product portfolio expansion.
• Provided incisive cost variance analysis, offering actionable insights to the Executive Management.
• Analyzed and communicated key performance indicators, driving strategic decisions at the Management level.
• Developed detailed MIS reports, evaluating sales profitability across different countries.
• Pioneered cost-reduction tactics, bolstering our market position in competitive tender scenarios.

• Developed and implemented strategic initiatives for the Export Market, optimizing dynamic business processes.
• Maintained accurate accounting, ensuring prompt updates aligned with dynamic business needs.
• Partnered with Financial Planning Analysts to craft compelling proposals for product portfolio expansion.
• Provided incisive cost variance analysis, offering actionable insights to the Executive Management.
• Analyzed and communicated key performance indicators, driving strategic decisions at the Management level.
• Developed detailed MIS reports, evaluating sales profitability across different countries.
• Pioneered cost-reduction tactics, bolstering our market position in competitive tender scenarios.

• Conducted comprehensive valuation of Raw Materials (RM), Packaging Materials (PM), Work In Progress (WIP), and Finished Goods (FG) inventory, ensuring optimal overhead allocation and active monitoring of slow/non-moving stock for effective write-offs.
• Executed rigorous Cost Audits for the Loan License Unit, enhancing financial accuracy and compliance.
• Led quarterly audits of Bill of Materials (BOM), ensuring alignment with production requirements and cost efficiency.
• Collaborated on P2P Product Costing and conducted detailed variance analysis, driving significant cost reduction initiatives.
• Performed in-depth Monthly Batch Wise Yield Variance Analysis to support optimal production processes.
• Managed Local Sales and Export Sales across diverse product categories, ensuring precise pricing strategies.
• Conducted Monthly Batchwise Costing and Yield Variance Analysis, contributing to informed decision-making and operational excellence.

• Spearheaded comprehensive valuation of Raw Materials, Packaging, WIP, and Finished Goods inventory, ensuring effective allocation and efficient management of slow-moving stock.
• Conducted rigorous Cost Audits for Loan License Units, enhancing financial accuracy and compliance.
• Led quarterly audits of Bill of Materials for third-party products, driving cost efficiency and production alignment.
• Managed pricing strategies for Local Sales and Export Sales, ensuring strategic alignment across diverse regions and therapeutic categories.
• Performed Monthly Batchwise Costing and Yield Variance Analysis, contributing to informed strategic decision-making and operational excellence.

• Led cost allocation for Bulk Drug Overheads with the Bottleneck Method, boosting financial efficiency.
• Performed detailed Product Costing for Bulk Drug Products, maintaining precise BOMs and current financials.
• Analyzed yield variances to provide strategic insights for informed decision-making.
• Supported Export Pricing strategies, enhancing profitability in global markets.
• Updated cost sheets quarterly to guarantee the accuracy and timeliness of financial information.

• Executed meticulous monthly stock valuations across raw materials, packaging, and finished products, ensuring precise inventory records.
• Led comprehensive cost analysis initiatives for export markets, targeting tender participation and growth prospects.
• Fostered cross-departmental collaboration with Marketing, Production, and Packaging to drive cost reduction initiatives.
• Produced critical Management Information System reports for in-depth cost analysis, informing strategic leadership decisions.
• Conducted thorough cost and profitability analysis for diverse products, identifying key opportunities for cost savings.
• Developed and monitored essential cost control measures, ensuring cost efficiency throughout the organization.
• Oversaw detailed product costing processes, ensuring competitive pricing in the market.
• Implemented stringent quality control measures, ensuring compliance with regulatory standards.
• Refined inventory management practices for raw materials, packaging, effectively reducing waste from non-moving and slow-moving stock.