Summary
Overview
Work history
Education
Skills
Websites
Certification
Languages
Custom
Timeline
Generic
Amrutha Susil

Amrutha Susil

Jeddah

Summary

Detail-oriented and results-driven Cost Accountant with a solid background in External Audit for over 5 years of experience, with a strong background in analyzing financial statements, assessing internal controls, and ensuring regulatory compliance having a comprehensive understanding of both cost accounting and auditing practices.

Proven track record in developing standard cost structures, implementing data-driven solutions, and delivering accurate financial reports to support strategic decision-making.

Overview

5
5
years of professional experience
2019
2019
years of post-secondary education
1
1
Certification

Work history

Cost Accountant

NAFFCO GROUP
Jeddah
12.2023 - 01.2025
  • Developed standard rates for machinery and manpower for new factory in Jeddah, ensuring accurate cost allocation
  • Developed and maintained detailed procedures to track and report on production cost, variances and profitability
  • Prepared month-end closing reports, including detailed inventory reconciliations and work order variance analyses.
  • Analyze historical data, industry trends, and market conditions to create realistic forecasts.
  • Updated standard costs within the bill of materials to maintain alignment with production and cost standards
  • Reviewed labor hours, fixed and variable manufacturing overheads, and material costs to ensure efficiency
  • Identified and implemented cost optimization and reduction strategies, reducing production variances by up to 40%
  • Delivered variance analysis reports, working closely with factory teams to identify issues and recommended actions
  • Supported management with budgeting and financial reporting, contributing to informed decision-making and planning
  • Worked with factory teams to implement cost reduction methods, achieving a 60% reduction in production variances
  • Analyzed financial statements and created reports to present to stakeholders, resulting in improved decision-making

Senior External Auditor

ERNST & YOUNG
Bangalore
10.2019 - 11.2023
  • Led and performed end-to-end external audits and Interim account balance testing which involves preparation and review of year-end work papers and review of financial statements ensuring compliance with IFRS and GAAP
  • Identified significant classes of transactions by making combined risk assessments to understand and validate the year-on-year movements within the line time
  • Utilized advanced audit tools and data analytics to streamline audit and generate insights for better decision-making
  • Conducted detailed risk assessments to identify key financial and operational risks, enhancing audit strategies for improved accuracy and efficiency
  • Supervised and mentored audit teams, ensuring the timely and accurate completion of audit assignments while maintaining the highest standards of quality and professionalism.
  • Adept at communicating with senior management and clients, delivering insightful reports, and collaborating across departments to address client needs and resolve complex accounting issues.
  • Delivered high quality services by demonstrating a practical awareness of the impact of regulation and risk management on business processes and controls
  • Successfully completed audits for high-profile clients by engaging effectively with diverse teams from the planning through the completion phase of the audit as well as closely following up on the progress of the requested tasks to ensure meeting the timeline

Education

Association of Chartered Certified Accountants (ACCA) -

Bachelor of Commerce - undefined

University of Madras

Skills

  • Budgeting & Forecasting
  • Oracle ERP Cloud
  • Audit
  • Cost Analysis
  • Financial Analysis & Reporting
  • Credit Risk Analysis
  • Data Analysis & Financial Modeling
  • Management Accounting
  • Risk Management
  • Financial Spreading
  • IFRS & US GAAP
  • Internal Control
  • Cost Control & Optimization
  • Inventory Management
  • Client Relationship Management

Websites

Certification

  • EY Wealth & Asset management - Asset Management - Bronze, 01/01/21
  • SOCPA (Saudi Organization of Public Accountants) - Associate Membership Certificate, 01/01/24
  • EY Data Strategy & Information Strategy Badge, 01/01/21
  • EY Wealth & Asset management - Financial products - Bronze, 01/01/22
  • Advanced Microsoft Excel Certification

Languages

English
Fluent
Arabic
Elementary
Hindi
Fluent

Custom

  • Won over several clients to GDS by building relationship with the onshore team and by delivering high quality work.
  • Awarded the prestigious EY GDS User Recognition, Exceptional Client Service, EY SPOT Award by the partner for outstanding performance and dedication to excellence.

Timeline

Cost Accountant

NAFFCO GROUP
12.2023 - 01.2025

Senior External Auditor

ERNST & YOUNG
10.2019 - 11.2023

Bachelor of Commerce - undefined

University of Madras

Association of Chartered Certified Accountants (ACCA) -

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Amrutha Susil