- The document provides a profile summary for Chitra Verma, outlining her 8.9+ years of experience in financial planning, analysis, budgeting, forecasting, and costing in manufacturing environments. - She has expertise in SAP, budgeting, forecasting, financial reporting, product costing, variance analysis, and managing profit/loss projections. - Her most recent role was as Assistant Manager of Budget Planning and Cost Control at Honda Motorcycle & Scooter India Pvt. Ltd., where she managed monthly reporting, budgeting, cost analysis, and reconciled financial data.

1. Key Skills
Financial Planning & Analysis
Budgeting & Forecasting/ Variance
Analysis
MIS/ Financial Reporting
Product Costing & Valuation
SAP , PC Pack , MRO , SAGE MMS
General Accounting
Team Leadership
• Soft Skills
Achievement-driven professional, targeting top-management assignments in
Financial Planning & Analysis/ MIS Management with an organization of repute
preferably in Delhi/NCR/Neemrana/Bawal/Pune
Profile Summary
• A result-oriented professional with rich and extensive experience of
8.9+ years.
• Expertise in budgeting, forecasting, financial analysis, variance
reporting, budget/cost control, product costing, product standard cost
development, and so on for job order and process costs in a manufacturing
environment; developed, implemented and led initiatives for improving
product costing, inventory analysis, overhead allocation, variance analysis,
and financial reporting.
• Expertise in managing profit & loss projections; establishing product line
profit & loss statements to identify opportunities and risks.
• Managed preparation & presentation of monthly management reports on
cost and benefit analysis, productivity analysis, inventory turnover
analysis and cost variance analysis.
• Excellent relationship management & negotiation skills in liaising with
different internal departments.
• Possess strong communication skills and the capability to communicate
financial issues with non-finance professionals and volunteers.
Career Timeline
Education • MBA (Finance) from Asia Pacific Institute of Management Studies in 2010
• Bachelors in Commerce from CCS University in 2008
Gogia Fragrances, Okhla as
Executive (Finance &
Accounts)
Litt Media Pvt. Ltd., Okhla
as Executive (Finance &
Accounts)
Jul’10 – Dec’11 Jan’12 – Mar’13 Since Apr’13
CHITRA VERMA
MBA (Finance)
vermachitra1989@gmail.com
+91-8826144323
Action-oriented
Adaptable
Smart Worker
Analytical
Communicator
Honda Motorcycle & Scooter
India Pvt. Ltd., Corporate
Office as Section Manager -
MIS , Costing & Budgeting

2. Work Experience Honda Motorcycle & Scooter India Pvt. Ltd., Manesar as Assistant Manager-
Budget Planning & Cost Control
Role:
• Managing month-end reporting, budgeting, direct cost variance analysis,
business financial packs, project cost workbooks, cost center maintenance and
regular progress discussions with business
• Determining financial status by comparing and analyzing plans and forecasts
with actual results
• Improving financial status by analyzing results and variances, recognizing
trends and suggesting actions
• Reconciling transactions by comparing data
• Increasing productivity by developing automated applications, eliminating
duplications and coordinating information requirements
• Providing information to management by assembling and summarizing data;
preparing reports; making presentations of findings and recommendations
• Performing financial analysis of region/ sub-region/ sector business in terms
of understanding the key drivers of variance
• Consolidating and analyzing revenue budget
• Organizing various analysis including sale price, material cost, manpower cost
and in-house cost variance
• Submitting budget presentation involving Operation Profit Analysis, Waterfall
Chart, RM Price Trend, Sale Price Trend, IH Cost Analysis, Volume & Mix
Impact
• Designing in-house RM budget, MIS reports, MRM presentation, model-wise
profit and loss account, plant-wise profit and loss account
• Uploading budget in SAP for monthly reporting
• Provisioning for General Accounting:
o Royalty Cost provision and payment
o Material consumption provision & analysis report
o Spare parts consumption provision
o Operation Cost and Utility Cost provision
o Production & dispatch report
o FG valuation & monitored increase/ decrease in stock
o SAP Cost run-release and Production Orders Settlement
• Monitoring:
o SAP consumption with standard BOM based consumption
o Monitoring Monthly Material Cost with Budget
o Activity rates calculation & updation in SAP on a quarterly basis
o Product costing & valuation (before SAP CO Module)
o Transfer pricing for spare parts and other purposes
o Half-yearly physical verification & annual inventory valuation
o Accidental vehicle lot evaluation for insurance claim purpose
• Liaising with all Plants for preparing all types of Budget (Revenue, Capital,
Manpower, and Technical Assistance), analyzing and sharing with Top
Management for approval.
• Preparation of Product Cost and coordinating with all plants costing team for
monthly closing related activities
Highlights:
• Automated the preparation of approx. 15-20 reports using Excel that were
previously required 10-15 hours of effort per week
• Assisted in Implementation of the SAP MM Module and trained Plant Costing
Teams on the same
Since Apr’13

3. Jan’12 – Mar’13
Jul’10 – Dec’11
Certifications
Litt Media Pvt. Ltd., Okhla as Executive – Finance & Accounts
Role:
• Facilitated accounts payable & receivables & general ledger, books of accounts
- vouchers, debit/credit notes/reconciliation & creation of ledgers
• Spearheaded audit program, provided required details& documents &
resolved queries
• Formulated balance sheet schedules; monthly closing activities including P&L
accounts & cash flows
• Managed debtors ledger to provide weekly/monthly debtors outstanding
position to management and confirm with debtors for payment
• Administered preparation of delivery challans, invoicing, debit/credit notes
• Prepared provisions & prepayments for reflecting current financial position
Gogia Fragrances Pvt. Ltd. as Executive (Finance & Accounts)
Role:
• Prepared quotations for various buyers
• Performed quarterly physical verification and inventory valuation
• Designed product cost sheet based on P&L account covering 460 components
• Calculated different types of cost i.e. Admin overheads, transportation &
warehousing cost
• Analyzed various aspects including raw material price variance, exchange
fluctuation impacting the profitability and highlighting the same in
profitability report
• Performed quarterly physical verification and inventory valuation
• MS Office: MS Word, MS Excel, MS PowerPoint
• SAP , PC Pack , MRO , SAGE MMS
• Six Sigma Green Belt
Extracurricular Activities
Personal Details
• Achieved success in areas of time management, 5’S activities and awarded for
best Kaizens at Operation level.
• Received 6 exceed performance awards in last 6 years in HMSI
Date of Birth: 20th March 1989
Languages Known: English and Hindi
Address: Gurugram, Haryana