VINITHA VINOD KUMAR
Mira Road
Summary
Dynamic professional with a proven track record at IKEA India, excelling in budget management and KPI analysis. Adept at stakeholder alignment and compliance assurance, driving operational excellence and cost control. A collaborative team player with strong communication skills, committed to delivering impactful results and enhancing business performance.
Overview
14
14
years of professional experience
1
1
Certification
Work History
BUSINESS NAVIGATOR
IKEA INDIA PVT. LTD.
10.2019 - Current
- Lead the goal-setting process (BPL, Budget, and KPI goal setting) for the business, and explain the goals to the organization.
- Secure the units' functional reporting according to common rules and deadlines.
- Highlight discrepancies between goals and actual results in the units, and identify and drive the implementation of corrective actions.
- Proactively support the efficiency increase (reduce costs, realize cost-saving potentials, improve quality, and services toward the customer) for the business.
- Secure compliance within local guidelines and working routines for the purchasing and contract-signing process.
- Aligning with stakeholders to ensure the contractual agreements with third parties are aligned with IKEA's cost and compliance requirements, and sharing inputs for any amendments thereof.
- Managing the vendor contracts.
- Initiate and/or support benchmark activities toward other comparable units to identify performance improvements.
- As a member of the management team, contribute to the operational excellence and development of the unit.
- Steer the decision-making process by providing the management team with tools, analysis, and/or evaluations of business potentials, and securing follow-ups of initiated actions.
- Responsible for contributing to global or regional projects, working on various business scenarios with different project working groups, and sharing inputs on operational and investment decisions.
- Managing additional responsibility by working with country sustainability team for carrying out CSR in the Pune region.
COST CONTROLLER
IKEA INDIA PVT. LTD.
03.2018 - 10.2019
- Ensuring crucial project management tools like Unifier and ACONEX are up to date with progress in the project.
- Managing the budget by working closely with the project team.
- Aligning various stakeholders as required including the internal project team, consultants, and vendors.
- Quarterly reconciliation activity to flag any deviation between budgeted and actuals expenditure undertaken with the payables team.
- Analyzing and ensuring the routines are followed to avoid any breach of compliance guidelines.
FINANCE EXECUTIVE TRAINEE
HINDUSTAN UNILVER
06.2016 - 07.2017
- Managing Unilever's debtors for export business of Unilever Forex reconciliations.
- Managing Quarterly Transfer price activity for the business and price releases across SKU's.
- Creating new customer codes and pricing for different SKUs for the Business.
- Lead various projects including Structuring of an S&OP for Extended Warranty scheme for Pure-it water devices and curbing short payments by MT chains to HUL.
ASSOCIATE CAPITAL MARKETS
ORACLE
10.2011 - 11.2012
- Assisting the Clientele of BlackRock with US Sec.793 disclosures and Hong Kong stock exchange threshold reporting.
- Asset Management.
Education
MBA - FINANCE
N.L. DALMIA INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH
01.2016
BMS - FINANCE
ROYAL COLLEGE
01.2011
H.S.C -
ROYAL COLLEGE
01.2008
Skills
- Good Communication
- Efficacious
- Team-Player
- Excellent presentation skills
- SAP
- POWER BI, SAP, TM1, IBM PAW, COGNOS
- Team collaboration
- MS Office
- Budget management
- KPI analysis
- Contract management
- Compliance assurance
- Performance benchmarking
- Data analysis
- Stakeholder alignment
- Cost control
- Operational excellence
- Team coordination experience
Certification
- Copenhagen Business School, Leadership in 21st Century Organization, 2022-03-01
- Bloomberg Essentials Certifications, Commodity, Equity, FX, Fixed Income, 2014-12-01
- NSE-NCFM, Option Strategies (Dealers Module), 76%, 2015-08-01
- NSE-NCFM, Derivatives Market (Dealers Module), 68.25%, 2015-06-01
Knowledge Of Business Tools
- SAP
- POWER BI
- TM1
- IBM PAW
- CONGNOS
- MS OFFICE- EXCEL
- POWERPOINT
- WORD
Summer Internship
AXIS BANK, 2015-05-01, 2015-06-30, Retail banking operations
<Enter your own>
Title: Finance Professional
Projects
CORPORATE VALUATION, Financial Statement analysis and valuation of Nestle India ltd. BMS UNIVERSITY PROJECT, Insight into Financial Scams and Scandals
Languages
English
First Language
Hindi
Proficient (C2)
C2
Marathi
Advanced (C1)
C1
Malayalam
Upper Intermediate (B2)
B2
Gujarati
Upper Intermediate (B2)
B2
Accomplishments
Yoga certification A+
Ranked highest in the Financial Management subject in graduation (board exam)
Chief editor for the college newsletter in graduation
Placement committee member during MBA program
References
References available upon request.
Timeline
BUSINESS NAVIGATOR
IKEA INDIA PVT. LTD.
10.2019 - Current
COST CONTROLLER
IKEA INDIA PVT. LTD.
03.2018 - 10.2019
FINANCE EXECUTIVE TRAINEE
HINDUSTAN UNILVER
06.2016 - 07.2017
ASSOCIATE CAPITAL MARKETS
ORACLE
10.2011 - 11.2012
MBA - FINANCE
N.L. DALMIA INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH
BMS - FINANCE
ROYAL COLLEGE
H.S.C -
ROYAL COLLEGE