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Mobile: +91 8890718036 | +91 9462281021 |
Email: madhukarvyas@yahoo.com | Skype : madhukarvyas
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CMA CS MADHUKAR VYAS
SENIOR FINANCE PROFESSIONAL
Action-Oriented Leader with a Strong track record of Performance across Domestic and International Markets.
PROFILE SNAPSHOT: Qualified Chartered Accountant with over 2 decades career spanning in India, Kenya and
Nigeria across varied sector organizations with a rich mix of finance internal / external processes, technical savvy and
operations management. Expert in executing team-driven process improvements to increase revenue growth
operational efficiency, and overall profitability.
 Locational Exposure: Udaipur, Chittorgarh, Vizag, Nellore, Bharuch, Jaipur (India), Calabar, Katsina, Lagos
(Nigeria), Nairobi (Kenya)
 Exposed Sectors: Diversified conglomerates, Manufacturing (Metal, Mining, Steel, Cement, Engineering),
Construction
SKILL CHART:
PERSONAL COMPETENCIES:
ERP / COMPUTER SKILLS:
SAP, SCALLA, Navision, Tally, Focus, dBase III Plus, FoxPro, COBOL, ‘C’ and MS Office.
EDUCATIONAL DETAILS:
 ACS; Associate of Institute of Company Secretaries of India 1996
 ACMA; Associate of Institute of Cost Accountants of India 1987
 Bachelor of Commerce; University of Rajasthan, Jaipur 1983
PROFESSIONAL TRAININGS ATTENDED:
 SAP - Hindustan Zinc Limited
 Navision – UNICEM, Nigeria
 IFRS – Holcim, Switzerland
STRATEGIC
PLANNING
FINANCIAL
ACCOUNTING &
REPORTING,
BUDGETING
COST ACCOUNTING
LIAISON/
COORDINATION
SYSTEM DESIGN &
IMPLEMENTATION
 Formulating and implementing Short and Long Term Plans
 Monitoring Revenue Targets, Implementing Cost Control
Measures
 Preparing business plans
OTHER COMPETENCIES
 Budgeting & Cost Control
 Funds and Working Capital Management
 Statutory Compliance
 Internal Audit & Control
 Financial Reporting
 Capital Expenditure Evaluation
 Financial Forecasting
 Variance Analysis
 Exposed in Budgeting, Forecasting and Statutory Reporting
 Finalizing Books of Accounts, Account Payables, Statutory
Compliances, Banking, Financial Management and Coordination
with Auditors.
 Costing of Products, Project Profitability and Inventory Valuation
 Make or Buy Decisions and Cost Benefit Studies
 On SAP defined Assessment cycles for product costing

 Exposed in Liaison with External and Internal Stakeholders
 Successfully dealt with Government, Banks, Financial Institutes
and Statutory Bodies / ROC.
 Designing and Implementing Systems and Procedures to
enhance the overall efficiency and Internal Controls of the
organization.

Mobile: +91 8890718036 | +91 9462281021 |
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EXPERIENCE DETAILS:
Dana Steel Limited, (Katsina, Nigeria) May 2013 - November 2014
Part of large Nigerian conglomerate with interest in Steel, Aviation, FMCG, Pharmaceuticals and trading sector.
 General Manager (Finance)
Unique Builder, (Jaipur, India) July 2011- April 2013
Unique Builders, the flagship venture of the Mannat Group with interest in Premium Residential Apartments Affordable housing,
Offices and Retail Establishments and Townships/ Villas
 General Manager (Finance)
Athi River Mining Limited, (Nairobi, Kenya) September 2010- June 2011
Athi River Mining is the leading manufacturer and supplier of Cement, Lime, Building Material, Silicate and Fertilizers
 Sr. General Manager (Finance)
Krishnapatnam Oils & Fats (Nellore, Andhra Pradesh, India) July 2009- September 2010
KOFL is the leading FMCG manufacturer and supplier of palm oil and Co-Products
 General Manager Finance & Company Secretary
United Cement Company of Nigeria Ltd, (Lagos, Nigeria) February 2008- July 2009
UniCem is the leading supplier of cement in south eastern Nigeria - 2.4 MTPA. - www.unicem.com.ng
 Cost Controlling & Accounting Manager
Jhagadia Copper Limited, (Bharuch, Gujarat India) May 2006- February 2008
Jhagadia Copper Limited (JCL) is the largest producer of LME Grade “A” Copper Cathodes in India using secondary smelting route
 Deputy General Manager (Cost & MIS)
HINDUSTAN ZINC LIMITED, (Udaipur / Chittorgarh / Vizag, India) March 1991- May 2006
Hindustan Zinc is a Vedanta Group company in Zinc, Lead, Cadmium and Silver business.
 Finance Manager
National Engineering Industries Limited (NBC) (Jaipur, India) February 1988- March 1991
Part of CK Birla Group NBC Bearings is the premier brand of India’s leading bearings manufacturer and exporter, National
Engineering Industries Ltd (NEI)
 Senior Accounts Officer - Costing & Budget
KEY RESPONSIBILITIES:
 Handled Finance, Accounts Costing, Budgeting, MIS, proper maintenance of Books of Accounts; ensuring
adherence to Statutory Compliances.
 Supervised overall Commercial Operations and preparation of Profit & Loss Accounts and Balance sheet.
 Established and coordinated the implementation of accounting and accounting control procedures. Prepare
Profit & and interpreted accounting information formulated budgets and conducted variance analysis to Loss
statements, Balance Sheets and monthly closing and cost accounting reports.
 Analysed determine difference between projected & actual results and implementing corrective actions.
 Performed the Internal Audit in accordance with the approved audit program and professional standards.
 Supervised day-to-day accounting including inventory accounting, material valuation, cost reduction / control
and product pricing.
 Looked after operational expenditure / control and strategically plan & implement innovative business
strategies to initiate and control finance projected towards organizational goals to maximize profitability.
 Prepared financial reports to determine the financial visibility, projecting cash flow and growth opportunities.
Setting -up internal reporting system and preparing project MIS reports for monitoring movement of key
business indicators to facilitate decision making and fruitful dissemination of information.
 Liaised with External and Internal auditors for conducting various Audits viz. Internal/statutory/Tax Audits
 Developed MIS reports, reports relating to profitability, Revenue Assurance, product wise profitability report ,
Cost Centre and Profit Centre wise analysis, Ageing analysis of debtors & other management reports to
provide feedback to the top management on profitability, budgetary control etc.
Dana Steel
Limited, Nigeria
Unique Builder,
India
Athi River Mining
Limited, Kenya
Krishnapatnam
Oils & Fats, India
United Cement
Co. Of Nigeria
Limited, Nigeria
Jhagadia Copper
Limited,India
Hindustan Zinc
Limited, India
National
Engineering
Industries
Limited, India

Mobile: +91 8890718036 | +91 9462281021 |
Page 3
 Liaised with the banks and financial institutions for raising funds to meet working capital requirements and
effective utilization of the funds by monitoring collection and disbursement accounts
 Handled ERP implementations in SAP and Navision.
 Raw Material Accounting, Stores Accounting, Supplier Bill Passing, Commercial Scrutiny of Purchase and
Contract Proposals.
 Devised and Implemented SOPs & Internal Control Systems & Implemented Business Plan,
 Detected over-billing of suppliers, Implementation of daily cost report for control and cost alarming
 Participated in concluding various contracts of the company with the suppliers, channel partners, service
providers etc.
 Performed Product Costing and Profitability Analysis (including material cost, manufacturing cost and
overheads cost); identified and highlighted low contribution area and product; provided cost saving
suggestions.
 Compiled Standard / Actual Cost and Performance Reports Cost Benefits Analysis and Cost Reduction
Studies in various areas; prepared Statutory Cost Records.
 Enacted as key player in analysis, development, and implementation of Strategic Business Plans & Policies,
ensuring organizational growth, targeting maximum Profitability & Cost Effectiveness.
Exposure on SAP
Experience of One full cycle Implementation and Roll Out of SAP at Hindustan Zinc Limited
 Worked as a CTM for SAP R/3 4.70 CO Module implementation.
 Carried out As Is Business Process Study.& Vetting of Business Blue Print
 Configuration Testing & Preparation for GO Live.
 Power / End User Training, Rollout at other Units & Post GO Live Support.
 Learnt Configuration & Report Painter for controlling Module.
 Using cross module transactions relating to FI, PP MM, SD and PM.
 Configured Structures for CO-Products & Activity Price Recalculation
 Defined different types of Internal Orders, Cost & Profit Centers
 Prepared user friendly reports for product costing thru Report Painter
 Obtained Costing thru costing resource in process orders
 Defined Assessment cycles for Cost / Profit Centers for product costing
PERSONAL DETAILS:
 Date of Birth: 26
th
August 1963
 Nationality: Indian
 Permanent Address: 189, I C Road, Sardarpura,
Jodhpur 342003 Rajasthan

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