About

Professionals vs Management.

Niyantrak Consulting exists on the idea that good numbers are a discipline, not a department — built by professionals who've sat inside management, not just advised it from outside.

Profile highlights

Nine years, built inside the systems we now set up.

01

9+ Years in International Manufacturing Finance

Cost accounting, business controlling, FP&A and performance management across FMCG, healthcare equipment and heavy engineering organizations in Europe and India.

02

Product Costing & Inventory Accounting

Established and configured Cost Center Accounting, product costing and Inventory Accounting systems — Material, Labor, Machine & Overhead recovery mapped to Bill of Material and routing.

03

ERP Implementation

Led costing & inventory module implementations on Infor Baan, Infor LN and Fourthshift — alongside Oracle and the transition to Oracle Cloud.

04

Performance Management System

Built Performance Management systems and Balanced Scorecards from KPI design through to payout.

05

Inventory Control, Management & JIT Approach

Configured a live inventory planning system that tells you what to order today so production never stops — reducing inventory levels from €32M to €16M.

06

Software We Build

Niyantrak Budgeting — a multi-currency group budgeting and profit-control application, conceived, engineered and shipped entirely by the practice. Explore it →

Practice lead

ACMA Soham Makwana

9+ years of international experience in manufacturing finance, business controlling, cost accounting, FP&A, and performance management within global manufacturing organizations — across FMCG, healthcare equipment, and heavy engineering sectors. Performance management work has spanned full KPI Design through to Payout, building Balanced Scorecards that connect financial and non-financial measures to actual incentive outcomes.

Hands-on expertise in setting up Inventory Accounting with Standard and Actual Costing systems, Product Costing, Budgeting & Forecasting, Capex Controlling, and Power BI reporting — plus global finance transformation and ERP implementation work on Oracle, Infor LN, Infor Baan, and Infor Fourthshift.

ACMA

Associate Cost & Management Accountant — Institute of Cost Accountants of India. All India Rank 33, State Rank 1 (Gujarat) in the final examinations.

IIM-A

Strategic Cost Management Certification (incl. Performance Management — Financial & Non-Financial) — Indian Institute of Management, Ahmedabad.

B.COM

Bachelor of Commerce — Accounting, Finance, Cost Accounting, Law & Taxation.

FACULTY

Former Lecturer — ACCA (UK), CIMA (UK), CMA (US & India), and MBA programs in Performance Management, Management Accounting & Cost Accounting.

Track record

Built inside the systems we now help you set up.

Led global ERP implementation projects (Oracle, Infor LN, Infor Baan & Infor Fourthshift) for the Costing & Inventory Module at multinational manufacturing organizations.

Built and maintained Global Standard Costing Systems across Material, Labor & Overhead for organizations spanning Healthcare Equipment, Heavy Machinery, FMCG, and Pipes & Adhesives manufacturing; led the transition to Oracle Cloud and US GAAP.

Implemented Just-In-Time inventory control at a leading heavy engineering manufacturer, reducing inventory from €32M to €16M.

Implemented a Performance Management System & Balanced Scorecard — from KPI design through to payout schemes — at a leading heavy engineering manufacturer.

Delivered a full Cost Center Accounting, Inventory Valuation & Product Costing framework engagement for a precision platforms manufacturer.

Designed, built and shipped Niyantrak Budgeting — a multi-currency group budgeting and profit-control product — from accounting specification to installed software, manual and licensing.

How we work

What "professionals vs management" means in practice.

We build, not just advise

Frameworks are configured against your real data and routing — handed off as a working system, not a slide deck.

Globally accepted practice

Methods are grounded in standard Cost & Management Accounting practice used in global manufacturing organizations.

Adapted, not templated

Manufacturing, trading, and services businesses cost differently — the framework shifts to match your model.

Guidance through transition

Tutoring and hands-on support wherever it's rationally required to land the system with your team.

Want to talk through your specific situation?

A short conversation is the fastest way to find out what's possible.

Get in touch