JINsim& Seongsim

Smart Finance, Stronger Business

We build a solid foundation for your business

Our Services

To improve both revenue and profit of customer by providing high level of
Finance System and Profit analysis/controlling tool

Service 1
Finanical Business Case Model

Supporting Top manangment's decision making with finanical analysis on a project before & after award

Service 2
Burden Rate Development Model

Improving the quality of product cost estimation by developing the burden cost per hour per machine based on ABC (Activity Based Cosing) method

Service 3
CEO Mentoring

Sharing of Financial Risk Management, Operation Know-How and Expertise of S&P 500 Companies / Proposal for a Stable Financial Foundation

                         Service Avaialble Worldwide 

            

Service Avaialble Worldwide

Service Avaialble in Korea Only 

For The Moment

Service 4
Financial Process Review

Process review of Customer's Accounting, Financial Closing and Tax Processes with Alternative Proposals for Required Improvements

Service 5
Liquidity & Risk Alert System implementation

Provision of Cash Flow Monitoring Tools and Estabnilishment of Liquidity Management Procedures

Service 6
Internal Control Process Review

Review for Asset Protection Error Prevention and Fraud Prevention, Recommendations for Policies and Procedures

                   Service Avaialble in Korea Only 

                   For The Moment

Service Avaialble in Korea Only 

For The Moment

Service Avaialble in Korea Only 

For The Moment

Before& After Models applied

Before Burden Rate development, "A" Company quoted with 15% target plant margin and got awarded.
==> After Rate development, it was identified as -2% plant margin program
==> During development phases until launch, project was controlled in detail improvement plan and roadmaps that were developed based on the key target financial metrics and finally reached 10% plant margin at the lauccn phase.

"B" Company failed in pricing upon the volume change during program development phase as failed to calculate the impact on project prfofitability in various financial metrics.
==> After having financial business case model, through simulation in the model, the company could identify the change on profitability by volume change, then could reach to get proper price and got the approval on the price change from the customer.
Before Burden Rate development, "A" Company applied total burden cost portion in its P&L on both Main product group A and Product group B. Actual burden cost of B product is lower than A product . So B Product's cost was overestimated and over pricing was accordingly and Finally lost the program..
==> After Rate development, It was identified that the gap of Burden cost between Product group A and B was 6% of total manufacturing cost.

About Our Company

Jinsim& Seonsim is as a Business managment tool maker & Partner, We support the profitable growth and sustainability of small and medium-sized enterprises (SMEs), we transfer the expertise and operational strategies of global top companies’ financial planning and management systems. Together, we build a solid foundation for SMEs to compete on the global stage 

 For customer’s quoting and investing on new projects and developing projects, we provide Tools for Customer Top manangment’s decision making on business expansion and prifiability improvment,

  • Project Financial Business Case Model
  • Burden Rate Development Model and Burden rates

As the above specialty ,

We build the system which can provide timly and accurate profitability anlsysis in customer side. Customer can increase Project Winning Rate and avoid loss profit project award,  and improve the competency in profit manangement .

What Jinsim& Seongsim does is all about Customer’s growth in both revenue and profit. 

Our Story

Portpolios

  • Johnson Controls – Asan plant in Korea (6 times)
  • Johnson Controls – Busan plant in Korea (3 times)
  • Johnson Controls Interor  – Asan plant in Korea (1 time)
  • Cooperstandard  – Pyeongtaek plant in Korea (1 time)
  • Cooperstandard – Dangjin plant in Korea (5 times)
  • Cooperstandard – Gumi plant in Korea ( 4 times)

Our Team

Why Choose Us

Benefit 1

Having proper way of pricing based on the accurate cost and profit analysis  by simulating target profit, price and other input datas

Benefit 2

Whatever the various input of business case, Customer can simulate all cases and finally get the best business case with or without roadmaps which can assigned and managed  with quantitative measure   


Benefit 3

By being providing Accurate/Trasnparent/neutral data in time, Customer can get supported in decision making on business planning, risk management and performance evaluation. 

Benefit 4

 Customer get the advanced business management account system in much lower cost that hiring model build experienced employee

 

 

Contact Us

We would love to hear from you.
Feel free to reach out using the below details.

  • Phone: +82 010 3232 1679
  • Email: sebastian.jin@jinsimns.com