Summary
Overview
Work History
Education
Skills
Certification
Achievements
Timeline
Generic

Ashit Oza

Scarborough,ON

Summary

I hold a Professional Degree as a Cost and Management Accountant (CMA) and Bachelor Degree in Commerce. In my 20+ years of experience, I have taken on managerial and leadership roles at renowned multinational corporations in functions such as Commercial, Contract Management, Project Controlling, Cost Accounting and Financial Accounting and as Finance Controller. I am detail-oriented individual, good in developing efficient processes, able to adapt to new environments and working on continuous learning and improvement.

Overview

19
19
years of professional experience
1
1
Certification

Work History

Commercial Leader

Xylem Inc.
06.2019 - 01.2025

For Manufacturing business having average annual revenue of USD 25 M, my responsibilities were Contract Management, Inventory Control, Optimizing Revenue growth, Credit & Collection and Budgeting, Periodic closing tasks, Analysis & reporting of Revenue, Working Capital and Cash Flow and Handling various audits. I was actively working with Sales and Execution team in fixing strategies to achieve top line and to review risks and opportunities involved.

Commercial Leader

Linde Engineering
11.2008 - 06.2019
  • Cost Accounting Leader Project and Engineering business having average annual revenue of USD 70 M. My responsibilities were Cost Accounting, Budgeting and Fixing Overhead Recovery Rates.
  • Commercial Manager for Refinery expansion project awarded from Government Customer on Lump Sum Turn Key (LSTK) basis and for Engineering Projects (having average annual revenue of USD 35 M) awarded from Group Companies on Milestone, Progress, Lump-sum and Man-hour basis. My responsibilities were Contract Management, Achieving Revenue Targets and Credit & Collection.
  • Project Control Manager with responsibilities of Preparation of Budgeted and Actual Cost Sheet, Working Capital & Cash Flow, Cost Monitoring, Variance Analysis and Workload & Capacity Planning. I have developed program for preparation of Planned and Actual Project Cost Sheet, Working Capital & Cash Flow and successfully delivered the output.
  • Financial Accounting Manager with responsibilities of preparation of Financial Statements as per local GAAP and for handling Statutory and Internal Audit (did this for 5 full cycles). I have prepared and presented Budget for the year 2009, 2010 and 2011. I have developed program for preparation of Financial Statements and for preparation of Budget. Under the guidance of CFO, I have prepared Standard Operating Procedures (SOPs) for Finance & Accounts department.

Finance Controller

ABB
03.2006 - 11.2008

Handled business of USD 100 M Projects in less than 3 years with overall responsibilities of Commercial and Project Control. Periodic Closing, Driving Revenue, Profitability, Working Capital and Cash Flow growth and Providing analysis on key Financials for decision making and internal audit at Project sites.

Education

Professional - Accounting And Finance

The Institute of Cost Accountants of India
India

Bachelor of Commerce - Accounting And Finance

The M S University
India

Skills

  • Budgeting expertise
  • Multitasking
  • Team leadership
  • Detail-oriented
  • Interpersonal skills
  • Analytical thinking
  • Continuous improvement
  • Adaptability
  • Document management

Certification

  • Six Sigma Green Belt
  • Goods and Service Tax

Achievements

  • Winning of prestigious “The 2023 Global CFO Award” at Xylem Inc. for efficient management of Working Capital and for ensuring favorable Cash Flow throughout the Project lifecycle (where, my engagement with the business and to negotiate strong contractual terms were specifically recognized)
  • Successfully implementing SAP based Cost Accounting system and Workload & Capacity Planning system for Linde Engineering India entity
  • Earned high praise from CFO at Linde Engineering for developing and Implementing excel based Programs and Tools for preparation of Planned and Actual Project Cost Sheet, Working Capital & Cash Flow and for preparation of Financial Statements & Budget.

Timeline

Commercial Leader

Xylem Inc.
06.2019 - 01.2025

Commercial Leader

Linde Engineering
11.2008 - 06.2019

Finance Controller

ABB
03.2006 - 11.2008

Professional - Accounting And Finance

The Institute of Cost Accountants of India

Bachelor of Commerce - Accounting And Finance

The M S University
Ashit Oza