Vadodara, Gujarat, India
Auditing, Budgeting, Controller
About
CA of 2002. Born and brought up in Kolkata. High school from Kolkata and Graduation+CA from Vadodara
Talents
Work Experience
Managing Personnel
Tooltech
Full Time Nov-2013 To present 6 years 1 month
Responsibilities
  • Tooltech is an entrepreneurial venture involving sales and distribution of high quality imported hand tools from China and Taiwan, with a reputed Mumbai based company
    - Ensured adherence to State / Central Government rules and regulations including Audit
    - Ensured comprehensive credit evaluations on new clients in the region
    - Collection of outstanding receivables, ensuring no past dues or bad debts
    - Filing claims with DGFT for refund of Special Additional Duty within the time limit
    - Finance and Accounting – All inventories and accounting entries for Gujarat were managed by me and routed through Tally
Achievements
  • - Set up the Gujarat office to sell as the monopoly agent of certain Taiwanese companies
    - Developed the ToolTech brand to sell quality white labeled products imported from China
    - Set up the entire operations in Baroda including liasioning with Logistics and Customs Clearing Agents for smooth clearance of the imported goods, from the port to the warehouse

Business Controller (Manager)
ABB India Limited
Full Time Jul-2004 To Oct-2013 9 years 3 months
Responsibilities
  • - Annual Budgeting exercise for both Business Units
    - Monthly/Quarterly Forecasting with Latest Estimates with a Top-down/Bottom-Up approach
    - Gross Margin/Variance Analysis including Expense Analysis
    - Material Cost Analysis – Actual consumption vis-à-vis the projections as per Bill of Material
    - Product Costing including overhead calculations for planned and actual scenarios
    - Development of Full Cost Model with inputs from Production, Design, SCM and Sales teams with respect to the Routings, Bill of Material, Material Cost and Sales costs, respectively
    - Preparing Business plans over 3-5 years in accordance with the Global ABB requirements - Preparation of Trial Balance as per US GAAP and Indian GAAP for the business units
    - Ensured correct posting of entries with specific stress on correct inventory valuations

Achievements
  • - Audit – Supported in the Statutory Audit review from the Global Audit Team
    - Independently handled the feasibility study and due diligence of a brown field project in 2010-2012 at the same location, which grew its volume and market presence
    - SAP – Developed a new profit centre for the new unit with the SAP technical teams - SAP – Played a key role in data migration from Version 4.7 to ECC 6 for the business unit - Implemented SOX in Finance and Inventory functions to adhere to the Compliance function

Manager
Global Trust Bank (now OBC)
Full Time Oct-2002 To Jul-2004 1 year 9 months
Responsibilities
  • - Worked across all levels of Retail Banking in the Operations functions, in a span of one year.
    - Worked closely with the Branch Manager on Home Loan proposals.

Summer Trainee
DSP Merrill Lynch Ltd.
Full Time Jun-2002 To Oct-2002 4 months
Responsibilities
  • - Supporting in private client consulting and portfolio management as well as in some IPOs
    - Ratio analysis of corporates to understand their business dynamics and investment profiles
Education
Chartered Accountant, Commerce
1999-2002

Bachelor of Commerce, Accounts
The Maharaja Sayajirao University Of BarodaMaharaja Sayajirao University of Baroda
1996-1999
Extra-Curricular Interests
  • Badminton

  • Swimming

  • Table Tennis

Profile Snapshot
Munjal Gandhi is talented in Auditing, Budgeting, Controller and other talents. Munjal is based out of Vadodara & has studied Commerce, CA-Chartered Accountant from Year 1999-2002 in ICAI-Institute of Chartered Accountants of India, University of Delhi.