SlideShare a Scribd company logo
1 of 5
Download to read offline
Page 1 of 5
RESUME
Mr BHUSHANT.PATEL
A/502-Green Field,Thakur complex,Off Western Express Highway,Kandivli (E), Mumbai-400101
Mobile : 9833080347,9819091812,9224247416,Land line:.28541812
Email: bhshn_patel@yahoo.co.in
CAREER OBJECTIVE
Gaining proficiency in the areas of ‘Costing, Accounts, Budgeting, Auditing & MIS’ and developing myself
as a professional who can be of importance to the management in various decisions making processes.
EDUCATIONAL QUALIFICATION
a. A.I.C.W.A – Qualified Cost Accountant from The Institute of Cost & Works Accountant of
India,Year of Passing – Dec 1987
b. Bachelor of Commerce from Narsee Monjee College, affiliated to Mumbai University,
Year of Passing - April 1983
c. Secondary School Certificate from Narsee Monjee college affiliated to Pune Board,
Year of Passing - March 1980
EXPERIENCE SUMMARY
INDUSTRY WORK AREAS IN BRIEF DESIGNATION YEARS
Post professional
Qualification
Tenure &
Appreciation
Lilavati Hospital &
Research Centre
Business:-
Health Care
Costing, MIS, CAPEX proposals, Rates
determination, Cost reduction, Principal Co
ordinator organisational assessment by
HOSMAC,IMS health & Internal Audit,
Member of finance committee
GM-Costing & MIS
( Co ordinate Internal
audit plan and co
ordinate with assessor
like HOSMAC & IMS
health)
Since July
2007(joined as
AGM
promoted as
GM in 2013)
Excel Industries Ltd
Business:-
Pesticides,Chemicals,Agro
Chemicals,Power generation,
Bio tech
Costing, MIS,Budgeting, Cost Audit,Inventory
control,Pricing,Variance analysis,Inventory
Valuations for P/L, Sch VI requirement, Sec
145a Tax audit requirement, General Ledger
scrutiny, Financial audit requirement, Principal
Co-ordinator for Internal Audit , Service tax
ISD , Insurance etc.
Senior Manager -
Costing & Corporate
Accounts
(Including,Budgeting,
MIS,Internal Audit,
Insurance,Service tax)
1995-2007
Two
Promotions
& Two Special
Increments
(Joined as
Executive)
Larsen & Toubro Ltd
Business:-Engineering Giant
Worked in
Chem. equipment, Projects
etc.
Close Job analysis,Variance
analysis,Progressive invoicing of
Projects based on completion of work.
Supervisory-
Works Accounts
1994-1995
Lyka Labs Ltd.
Pharma company
Costing,MIS Reporting (Costing),DPCO,
Profitability,Contribution Analysis,
Inventory valuations, Cost audit, Sch VI
requirement, and Pricing.
Sr. Executive –
Costing
( Joined as
Mgt.Trainee)
1988-1994
One Promotion
& One Special
Increment
Pre Professional
Qualification
Practising Cost accountant :-
Y.R.Doshi & co,
Cost audit, Certification work etc. Assistant – 1985-1987
Page 2 of 5
COMPUTER LITERACY
 Working Experience in LAN Environment.
 Working Experience on Windows Platform covering :
- Excel, Word, Power Point, Lotus 123 ,
- Oracle base financial accounting system, Tally
PERSONAL DETAILS
Date of Birth : 30th August 1963
Marital Status : Married
DETAIL WORK EXPERIENCE PROFILE
Current Association :-
Lilavati Hospital & Research Centre.
System report generation to meet Costing & MIS function requirement
In patient billing system, OPD, Doctors accounting, Materials, Financial accounting on Tally
Costing & MIS
Department wise division wise performance analysis on quarterly basis (IP/OPD/Chemist/Others)
Transaction wise profitability as billed to patient.
Overheads analysis on monthly basis to determine recovery rates at department level-Medical & Non
medical
Periodic review of class wise accommodation costs and their rates chargeability
Periodic analysis of Investigation department like Pathology, Radiology, Blood bank and cost of each tests
Periodic review of various Health packages offered and discounts given so as to maintain reasonable
margin. Giving Rock Bottom prices for Health check Corporate clients inquiry.
Analysis of Corporate patient and rates to be offered at the time of entering into contract
Operation theatre costing so as to see recovery of Theatre charges to be billed each surgery wise
Costing of outsourced hospitality service provided by Sodexo in order to fix rates of various services.
Cost evaluation of performing test in house v/s getting them done outside to be more cost effective.
Analysis of slow moving & Non moving materials on monthly basis.
Sales variance analysis on monthly basis.
CAPEX proposals
Evaluation of CAPEX Medical and Non medical nature and feasibility study
Cost reduction drive:
Controlling wastages of material not billed, Chemicals used, exploring alternatives in consultation with
doctors & experts, Effective time management study to reduce non occupancy of beds
Page 3 of 5
Organisational Assessment and System Audit and standard for procedures and surgeries:
Act as a principal Co-ordinator between Hospital and Hosmac India Pvt.Ltd to carry out Organisational
Assessment and System Audit in Hospital and also between Hospital and IMS health to carry out
standardisation of medical and surgical procedures.
Other work like: Insurance related & member of finance committee submitting reports on weekly basis
Internal Audit
Co-ordinating and plan for Internal Audits for all departments with Auditors.
Following up for Internal Audit Reports.
Interacting with all the HOD on various observation made by Auditors.
Ensure all the Reports are made available before Audit committee on quarterly basis for their reference and
comments.
PREVIOUS ASSOCIATION: -
Excel Industries Ltd.
Costing & MIS
Productwise and divisionwise contribution analysis. Sales variance analysis.
Increase/decrease in stocks reporting.
Efficiency variance analysis for major products.
Compilation and review of site base MIS received at Head office like variance in
consumption of power & fuel and other utilities.
Product wise and division wise profitability on absorption costing basis.
Overhead analysis.
Other need base MIS like make or buy, Offer & acceptance, Pricing of new product.
Intra division transfer pricing.
Product costing, Capacity utilisation.
Member of Pricing committee: Generating various MIS report for review of price.
Cost audit
Maintenance of cost record as per Sec 209 (1) (d) of Companies Act.
Submission of Report to Company Law Board in time after getting it approved by
Audit committee and by Board of Directors
Page 4 of 5
Financial audit
General ledger scrutiny. Depreciation working.
Physical verification of stocks and valuation of stocks for Balance sheet.
Quantitative reconciliation of Production, Sales, Stocks, Materials for St VI.
Audit Statement requirement.
Quarterly/Half yearly unaudited results requirements.
Compilation of energy consumption details for director’s report.
Attending auditors and solving various accounts related queries.
Attending audit committee for discussion.
Grossing up of modvat under sec 145 (a) for tax audit.
Internal Audit/Stock Audit
Co ordinating and plan for Internal Audits for all division with Auditors.
Following up for Internal Audit Reports and Stock Audit Reports.
Interacting with all the Departments & Divisional Heads on various observation made by
Auditors.
Ensure all the Reports are made available before Audit committee on quarterly basis for
their reference and comments.
Insurance
Renewals of various policies considering addition/deletion of clauses,amount of risk
Coverage, comparing quotation of various insurance companies.
Payment of premium on due dates.
Maintaining & monitoring balance in deposit account with Insurance company.
Attending surveyor appointed by insurance company in the event of claim.
Putting up claim bill and follow up for claim settlement.
Accounting of Insurance premium and reconciling balance in deposit account with
Insurance company.
Service tax
Raising Invoice in the capacity of Input Service Distributor from Head Office on Site to
avail Credit under rule from 10.09.2004 onwards.
Accounting of service tax in the books of accounts.
Budgeting
Budgeting productwise divisionwise contribution.
Budgeting of overheads.
Comparison of actual with Budgets.
Review and revisions.
Page 5 of 5
Other areas of work
Cost centre codification.
Bank payment and Purchase voucher verification.
Cheque signing authority upto rupees Twenty-five Lac.
Co ordinates for likely question answers from share holders for AGM
Integrating Costing system with Accounting system as they are on different software
Co ordinating National Sample Survey Statistical information requirement.
Larsen & Tubro Limited: Close job analysis & progressive invoicing of projects.
Lyka Labs Limited
Productwise contribution analysis.
Productwise activitywise profitability.
Physical verification of stocks and stock valuation for Balance sheet.
Monthly reporting of stocks to Banks and to management.
Bill passing checking and codification checking of bills related to finished goods
purchase.
Verification of processing charges for goods manufactured on loan licence basis.
Supervision of material consumption.
Quantitative reconciliation of Production,Sales,Stocks,Materials for Sch VI
Price application as per DPCO
Submission of various forms under DPCO.
Meeting BICP and DGTD requirements time to time.
Complete cost audit requirement of Formulation and Bulk drugs.
REFERENCES:
Mr. Pravin Desai V.P.Finance, 184/87 Excel Crop Care Ltd, S.V.Road, Jogeshwari (West) M:
9987016796
Mr.Y.R.Doshi Practising Cost Accountant c-7/14,Jeevan Bima Nagar, Behind LIC shopping
centre, Borivli (w), Mumbai 103, Ph: 9833560909, 28953385/28939314
Other interest/activities
Doing Yog, Listening to Music, Going for Long drive, Travelling.

More Related Content

What's hot

Cost audit report rules 2011
Cost audit report rules 2011Cost audit report rules 2011
Cost audit report rules 2011Kameswara Rao
 
Cost audit meaning, importance, objectives, phases
Cost audit meaning, importance, objectives, phasesCost audit meaning, importance, objectives, phases
Cost audit meaning, importance, objectives, phasesDr. Ankita Chaturvedi
 
Project on Cost Accounting Standards.
Project on Cost Accounting Standards.Project on Cost Accounting Standards.
Project on Cost Accounting Standards.Ashish1004
 
FEATURES OF THE COSTING METHODS IN SERVICE SECTOR
FEATURES OF THE COSTING METHODS IN SERVICE SECTORFEATURES OF THE COSTING METHODS IN SERVICE SECTOR
FEATURES OF THE COSTING METHODS IN SERVICE SECTORAlex Grebeshkov
 
Management Accounting Project
Management Accounting ProjectManagement Accounting Project
Management Accounting ProjectNeelutpal Saha
 
Cost records and audit rules 2014
Cost records and audit rules 2014Cost records and audit rules 2014
Cost records and audit rules 2014Kameswara Rao
 
Poject on cost and audit report of hero moto corp
Poject on cost and audit report of hero moto corpPoject on cost and audit report of hero moto corp
Poject on cost and audit report of hero moto corpShreeraj Hariharan
 
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...ECTIJ
 
Lecture 1 Cost and Management Accounting
Lecture 1 Cost and Management AccountingLecture 1 Cost and Management Accounting
Lecture 1 Cost and Management AccountingRiri Ariyanty
 
Costing for material labour and overhead
Costing for material labour and overheadCosting for material labour and overhead
Costing for material labour and overheadankita bhan
 
A study on formulation of costing system
A study on formulation of costing systemA study on formulation of costing system
A study on formulation of costing systemProjects Kart
 
Lecture 1 of cost accounting..21 10-14
Lecture 1 of cost accounting..21 10-14Lecture 1 of cost accounting..21 10-14
Lecture 1 of cost accounting..21 10-14Zeeshan Bashir
 
Role of Cost Accounting
Role of Cost AccountingRole of Cost Accounting
Role of Cost AccountingRitu Bawar
 
Introduction to cost accounting
Introduction to cost accountingIntroduction to cost accounting
Introduction to cost accountingSyed Mahmood Ali
 

What's hot (20)

THE FUNDAMENTAL OF COSTING and CALCULATION OF UNIT COSTS
THE FUNDAMENTAL OF COSTING and CALCULATION OF UNIT COSTSTHE FUNDAMENTAL OF COSTING and CALCULATION OF UNIT COSTS
THE FUNDAMENTAL OF COSTING and CALCULATION OF UNIT COSTS
 
Cost audit report rules 2011
Cost audit report rules 2011Cost audit report rules 2011
Cost audit report rules 2011
 
Cost audit meaning, importance, objectives, phases
Cost audit meaning, importance, objectives, phasesCost audit meaning, importance, objectives, phases
Cost audit meaning, importance, objectives, phases
 
Project on Cost Accounting Standards.
Project on Cost Accounting Standards.Project on Cost Accounting Standards.
Project on Cost Accounting Standards.
 
FEATURES OF THE COSTING METHODS IN SERVICE SECTOR
FEATURES OF THE COSTING METHODS IN SERVICE SECTORFEATURES OF THE COSTING METHODS IN SERVICE SECTOR
FEATURES OF THE COSTING METHODS IN SERVICE SECTOR
 
Management Accounting Project
Management Accounting ProjectManagement Accounting Project
Management Accounting Project
 
Cost records and audit rules 2014
Cost records and audit rules 2014Cost records and audit rules 2014
Cost records and audit rules 2014
 
Poject on cost and audit report of hero moto corp
Poject on cost and audit report of hero moto corpPoject on cost and audit report of hero moto corp
Poject on cost and audit report of hero moto corp
 
SMRM MI Chapter 10 CVP Analysis
SMRM MI Chapter 10  CVP AnalysisSMRM MI Chapter 10  CVP Analysis
SMRM MI Chapter 10 CVP Analysis
 
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...
AN EVALUATION OF THE TRADITIONAL HISTORICAL COST BASIS OF ACCOUNTING IN PROVI...
 
Cost accounting
Cost accountingCost accounting
Cost accounting
 
Lecture 1 Cost and Management Accounting
Lecture 1 Cost and Management AccountingLecture 1 Cost and Management Accounting
Lecture 1 Cost and Management Accounting
 
Costing for material labour and overhead
Costing for material labour and overheadCosting for material labour and overhead
Costing for material labour and overhead
 
A study on formulation of costing system
A study on formulation of costing systemA study on formulation of costing system
A study on formulation of costing system
 
Lecture 1 of cost accounting..21 10-14
Lecture 1 of cost accounting..21 10-14Lecture 1 of cost accounting..21 10-14
Lecture 1 of cost accounting..21 10-14
 
Role of Cost Accounting
Role of Cost AccountingRole of Cost Accounting
Role of Cost Accounting
 
METHODS & TECHNIQUES OF COSTING
METHODS & TECHNIQUES OF COSTINGMETHODS & TECHNIQUES OF COSTING
METHODS & TECHNIQUES OF COSTING
 
Cost accounting
Cost accountingCost accounting
Cost accounting
 
Introduction to cost accounting
Introduction to cost accountingIntroduction to cost accounting
Introduction to cost accounting
 
Cost accounting
Cost accountingCost accounting
Cost accounting
 

Viewers also liked (14)

Resume.MikeMachak.9.2016
Resume.MikeMachak.9.2016Resume.MikeMachak.9.2016
Resume.MikeMachak.9.2016
 
Bailey Hecks Resume - (1)
Bailey Hecks Resume - (1)Bailey Hecks Resume - (1)
Bailey Hecks Resume - (1)
 
BHegwood_Resume
BHegwood_ResumeBHegwood_Resume
BHegwood_Resume
 
brians resume1
brians resume1brians resume1
brians resume1
 
Ayaj Resume (1)
Ayaj Resume (1)Ayaj Resume (1)
Ayaj Resume (1)
 
brandonleymasaoy_resume
brandonleymasaoy_resumebrandonleymasaoy_resume
brandonleymasaoy_resume
 
benny resume (3)
benny resume (3)benny resume (3)
benny resume (3)
 
Lavanya-Resume 10+
Lavanya-Resume 10+Lavanya-Resume 10+
Lavanya-Resume 10+
 
MarcusHooks_2017
MarcusHooks_2017MarcusHooks_2017
MarcusHooks_2017
 
austin Resume 2016
austin Resume 2016austin Resume 2016
austin Resume 2016
 
Becky Mathews Resume2
Becky Mathews Resume2Becky Mathews Resume2
Becky Mathews Resume2
 
Nagbandi Shyam
Nagbandi ShyamNagbandi Shyam
Nagbandi Shyam
 
Resume_Kolodyazhny
Resume_KolodyazhnyResume_Kolodyazhny
Resume_Kolodyazhny
 
Hrishikesh Ganpule CV
Hrishikesh Ganpule CVHrishikesh Ganpule CV
Hrishikesh Ganpule CV
 

Similar to Cost Accountant Resume Summary

CV CA Hiren Rughani - F
CV CA Hiren Rughani - FCV CA Hiren Rughani - F
CV CA Hiren Rughani - FHiren Rughani
 
Yogesh Kumar_original
Yogesh Kumar_originalYogesh Kumar_original
Yogesh Kumar_originalYogesh Kumar
 
Curriculum Vitae : Finance & Accounts
Curriculum Vitae : Finance & AccountsCurriculum Vitae : Finance & Accounts
Curriculum Vitae : Finance & AccountsAbhishek Singh
 
ResumeIshaGupta
ResumeIshaGuptaResumeIshaGupta
ResumeIshaGuptaISHA GUPTA
 
resume_Sudarshan-modified3
resume_Sudarshan-modified3resume_Sudarshan-modified3
resume_Sudarshan-modified3SUDARSHAN M V
 
resume_Sudarshan-modified3
resume_Sudarshan-modified3resume_Sudarshan-modified3
resume_Sudarshan-modified3Sudarshan M V
 
Costing basics
Costing basicsCosting basics
Costing basicsAashi90100
 
costing and management accounting manual-scripts
costing and management accounting manual-scriptscosting and management accounting manual-scripts
costing and management accounting manual-scriptsFrancis Phiri
 
Saad Ahmed Qureshi_2
Saad Ahmed Qureshi_2Saad Ahmed Qureshi_2
Saad Ahmed Qureshi_2Saad Qureshi
 
Bnb pvt 6 months course outline
Bnb pvt 6 months course outlineBnb pvt 6 months course outline
Bnb pvt 6 months course outlinebarejapuneet
 

Similar to Cost Accountant Resume Summary (20)

Ejazahmed
EjazahmedEjazahmed
Ejazahmed
 
CV-Deepak Jain
CV-Deepak JainCV-Deepak Jain
CV-Deepak Jain
 
Navnath CV
Navnath CVNavnath CV
Navnath CV
 
CV CA Hiren Rughani - F
CV CA Hiren Rughani - FCV CA Hiren Rughani - F
CV CA Hiren Rughani - F
 
Ahmed Saad V2
Ahmed Saad V2Ahmed Saad V2
Ahmed Saad V2
 
Yogesh Kumar_original
Yogesh Kumar_originalYogesh Kumar_original
Yogesh Kumar_original
 
Curriculum Vitae : Finance & Accounts
Curriculum Vitae : Finance & AccountsCurriculum Vitae : Finance & Accounts
Curriculum Vitae : Finance & Accounts
 
ResumeIshaGupta
ResumeIshaGuptaResumeIshaGupta
ResumeIshaGupta
 
resume_Sudarshan-modified3
resume_Sudarshan-modified3resume_Sudarshan-modified3
resume_Sudarshan-modified3
 
resume_Sudarshan-modified3
resume_Sudarshan-modified3resume_Sudarshan-modified3
resume_Sudarshan-modified3
 
Hany ahmed cv.
Hany ahmed   cv.Hany ahmed   cv.
Hany ahmed cv.
 
MyResume_Sanjeev F0516
MyResume_Sanjeev F0516MyResume_Sanjeev F0516
MyResume_Sanjeev F0516
 
Sudarsan_Dhole_CV
Sudarsan_Dhole_CVSudarsan_Dhole_CV
Sudarsan_Dhole_CV
 
Costing basics
Costing basicsCosting basics
Costing basics
 
Cost audit1
Cost audit1Cost audit1
Cost audit1
 
costing and management accounting manual-scripts
costing and management accounting manual-scriptscosting and management accounting manual-scripts
costing and management accounting manual-scripts
 
Saad Ahmed Qureshi_2
Saad Ahmed Qureshi_2Saad Ahmed Qureshi_2
Saad Ahmed Qureshi_2
 
Venkat_Resume
Venkat_ResumeVenkat_Resume
Venkat_Resume
 
Fredrick odhiambo Muggay C V
Fredrick odhiambo  Muggay C V  Fredrick odhiambo  Muggay C V
Fredrick odhiambo Muggay C V
 
Bnb pvt 6 months course outline
Bnb pvt 6 months course outlineBnb pvt 6 months course outline
Bnb pvt 6 months course outline
 

Cost Accountant Resume Summary

  • 1. Page 1 of 5 RESUME Mr BHUSHANT.PATEL A/502-Green Field,Thakur complex,Off Western Express Highway,Kandivli (E), Mumbai-400101 Mobile : 9833080347,9819091812,9224247416,Land line:.28541812 Email: bhshn_patel@yahoo.co.in CAREER OBJECTIVE Gaining proficiency in the areas of ‘Costing, Accounts, Budgeting, Auditing & MIS’ and developing myself as a professional who can be of importance to the management in various decisions making processes. EDUCATIONAL QUALIFICATION a. A.I.C.W.A – Qualified Cost Accountant from The Institute of Cost & Works Accountant of India,Year of Passing – Dec 1987 b. Bachelor of Commerce from Narsee Monjee College, affiliated to Mumbai University, Year of Passing - April 1983 c. Secondary School Certificate from Narsee Monjee college affiliated to Pune Board, Year of Passing - March 1980 EXPERIENCE SUMMARY INDUSTRY WORK AREAS IN BRIEF DESIGNATION YEARS Post professional Qualification Tenure & Appreciation Lilavati Hospital & Research Centre Business:- Health Care Costing, MIS, CAPEX proposals, Rates determination, Cost reduction, Principal Co ordinator organisational assessment by HOSMAC,IMS health & Internal Audit, Member of finance committee GM-Costing & MIS ( Co ordinate Internal audit plan and co ordinate with assessor like HOSMAC & IMS health) Since July 2007(joined as AGM promoted as GM in 2013) Excel Industries Ltd Business:- Pesticides,Chemicals,Agro Chemicals,Power generation, Bio tech Costing, MIS,Budgeting, Cost Audit,Inventory control,Pricing,Variance analysis,Inventory Valuations for P/L, Sch VI requirement, Sec 145a Tax audit requirement, General Ledger scrutiny, Financial audit requirement, Principal Co-ordinator for Internal Audit , Service tax ISD , Insurance etc. Senior Manager - Costing & Corporate Accounts (Including,Budgeting, MIS,Internal Audit, Insurance,Service tax) 1995-2007 Two Promotions & Two Special Increments (Joined as Executive) Larsen & Toubro Ltd Business:-Engineering Giant Worked in Chem. equipment, Projects etc. Close Job analysis,Variance analysis,Progressive invoicing of Projects based on completion of work. Supervisory- Works Accounts 1994-1995 Lyka Labs Ltd. Pharma company Costing,MIS Reporting (Costing),DPCO, Profitability,Contribution Analysis, Inventory valuations, Cost audit, Sch VI requirement, and Pricing. Sr. Executive – Costing ( Joined as Mgt.Trainee) 1988-1994 One Promotion & One Special Increment Pre Professional Qualification Practising Cost accountant :- Y.R.Doshi & co, Cost audit, Certification work etc. Assistant – 1985-1987
  • 2. Page 2 of 5 COMPUTER LITERACY  Working Experience in LAN Environment.  Working Experience on Windows Platform covering : - Excel, Word, Power Point, Lotus 123 , - Oracle base financial accounting system, Tally PERSONAL DETAILS Date of Birth : 30th August 1963 Marital Status : Married DETAIL WORK EXPERIENCE PROFILE Current Association :- Lilavati Hospital & Research Centre. System report generation to meet Costing & MIS function requirement In patient billing system, OPD, Doctors accounting, Materials, Financial accounting on Tally Costing & MIS Department wise division wise performance analysis on quarterly basis (IP/OPD/Chemist/Others) Transaction wise profitability as billed to patient. Overheads analysis on monthly basis to determine recovery rates at department level-Medical & Non medical Periodic review of class wise accommodation costs and their rates chargeability Periodic analysis of Investigation department like Pathology, Radiology, Blood bank and cost of each tests Periodic review of various Health packages offered and discounts given so as to maintain reasonable margin. Giving Rock Bottom prices for Health check Corporate clients inquiry. Analysis of Corporate patient and rates to be offered at the time of entering into contract Operation theatre costing so as to see recovery of Theatre charges to be billed each surgery wise Costing of outsourced hospitality service provided by Sodexo in order to fix rates of various services. Cost evaluation of performing test in house v/s getting them done outside to be more cost effective. Analysis of slow moving & Non moving materials on monthly basis. Sales variance analysis on monthly basis. CAPEX proposals Evaluation of CAPEX Medical and Non medical nature and feasibility study Cost reduction drive: Controlling wastages of material not billed, Chemicals used, exploring alternatives in consultation with doctors & experts, Effective time management study to reduce non occupancy of beds
  • 3. Page 3 of 5 Organisational Assessment and System Audit and standard for procedures and surgeries: Act as a principal Co-ordinator between Hospital and Hosmac India Pvt.Ltd to carry out Organisational Assessment and System Audit in Hospital and also between Hospital and IMS health to carry out standardisation of medical and surgical procedures. Other work like: Insurance related & member of finance committee submitting reports on weekly basis Internal Audit Co-ordinating and plan for Internal Audits for all departments with Auditors. Following up for Internal Audit Reports. Interacting with all the HOD on various observation made by Auditors. Ensure all the Reports are made available before Audit committee on quarterly basis for their reference and comments. PREVIOUS ASSOCIATION: - Excel Industries Ltd. Costing & MIS Productwise and divisionwise contribution analysis. Sales variance analysis. Increase/decrease in stocks reporting. Efficiency variance analysis for major products. Compilation and review of site base MIS received at Head office like variance in consumption of power & fuel and other utilities. Product wise and division wise profitability on absorption costing basis. Overhead analysis. Other need base MIS like make or buy, Offer & acceptance, Pricing of new product. Intra division transfer pricing. Product costing, Capacity utilisation. Member of Pricing committee: Generating various MIS report for review of price. Cost audit Maintenance of cost record as per Sec 209 (1) (d) of Companies Act. Submission of Report to Company Law Board in time after getting it approved by Audit committee and by Board of Directors
  • 4. Page 4 of 5 Financial audit General ledger scrutiny. Depreciation working. Physical verification of stocks and valuation of stocks for Balance sheet. Quantitative reconciliation of Production, Sales, Stocks, Materials for St VI. Audit Statement requirement. Quarterly/Half yearly unaudited results requirements. Compilation of energy consumption details for director’s report. Attending auditors and solving various accounts related queries. Attending audit committee for discussion. Grossing up of modvat under sec 145 (a) for tax audit. Internal Audit/Stock Audit Co ordinating and plan for Internal Audits for all division with Auditors. Following up for Internal Audit Reports and Stock Audit Reports. Interacting with all the Departments & Divisional Heads on various observation made by Auditors. Ensure all the Reports are made available before Audit committee on quarterly basis for their reference and comments. Insurance Renewals of various policies considering addition/deletion of clauses,amount of risk Coverage, comparing quotation of various insurance companies. Payment of premium on due dates. Maintaining & monitoring balance in deposit account with Insurance company. Attending surveyor appointed by insurance company in the event of claim. Putting up claim bill and follow up for claim settlement. Accounting of Insurance premium and reconciling balance in deposit account with Insurance company. Service tax Raising Invoice in the capacity of Input Service Distributor from Head Office on Site to avail Credit under rule from 10.09.2004 onwards. Accounting of service tax in the books of accounts. Budgeting Budgeting productwise divisionwise contribution. Budgeting of overheads. Comparison of actual with Budgets. Review and revisions.
  • 5. Page 5 of 5 Other areas of work Cost centre codification. Bank payment and Purchase voucher verification. Cheque signing authority upto rupees Twenty-five Lac. Co ordinates for likely question answers from share holders for AGM Integrating Costing system with Accounting system as they are on different software Co ordinating National Sample Survey Statistical information requirement. Larsen & Tubro Limited: Close job analysis & progressive invoicing of projects. Lyka Labs Limited Productwise contribution analysis. Productwise activitywise profitability. Physical verification of stocks and stock valuation for Balance sheet. Monthly reporting of stocks to Banks and to management. Bill passing checking and codification checking of bills related to finished goods purchase. Verification of processing charges for goods manufactured on loan licence basis. Supervision of material consumption. Quantitative reconciliation of Production,Sales,Stocks,Materials for Sch VI Price application as per DPCO Submission of various forms under DPCO. Meeting BICP and DGTD requirements time to time. Complete cost audit requirement of Formulation and Bulk drugs. REFERENCES: Mr. Pravin Desai V.P.Finance, 184/87 Excel Crop Care Ltd, S.V.Road, Jogeshwari (West) M: 9987016796 Mr.Y.R.Doshi Practising Cost Accountant c-7/14,Jeevan Bima Nagar, Behind LIC shopping centre, Borivli (w), Mumbai 103, Ph: 9833560909, 28953385/28939314 Other interest/activities Doing Yog, Listening to Music, Going for Long drive, Travelling.