1. Jai Prakash & Associates is a partnership firm of cost accountants located in Nagpur, India with two partners, Jai Prakash Gupta and Jai Prakash Modi, who have over 20 years of experience each in finance, accounting, and cost management roles. 2. The firm provides cost audit, financial accounting, and management consulting services to various manufacturing and fertilizer companies located in central India. 3. Jai Prakash Gupta has extensive experience working for several textile, steel, and energy companies in senior finance and accounting roles before starting his cost accounting practice in 2012.

1. PROFESSIONAL PROFILE
Name of Firm JAI PRAKASH & ASSOCIATES, Cost &
Management Accountants
Address Empress Chawl 8/3, Empress Mill Road, Bajeria,
Nagpur-440018
Ph. 0712-2764432 Email:jaypee.cma@gmail.com
Firms Registration No.000512 (Issued by the Institute of Cost
Accountants of India)
Firm’s PAN No. AAKFJ6549H
Nature of firm Partnership firm
Name of Partners 1. Jai Prakash Gupta,FCMA Membership
No.23897 Mb.No.09423264350
2. Jai Prakash Modi, FCMA Membership No. 18150
Mb. No.09931581098
No. of audit assistant: 2
No. of Articles: 2
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EXPERIENCE: 20 years+ managerial experience
Name of Organization Designation Period
Uniworth Textiles Ltd., Nagpur G.M. Finance &
Accounts
SEP. 2010 to
Dec.2014
Sree Metaliks Ltd., Barbil, Orissa Dy.GM (Finance) Oct.2008- Aug.
2010
Monnet Ispat & Energy Ltd.,Raigarh
(Chh)
Asst. G.M.
(Accounts)
July 2006-Sept.
2008
Man Industries(I) Ltd.,Anjar (Guj) Sr. Manager –Comml Sept. 2003 –June
2006
Maharashtra StateTextile Corpn Ltd. Asst.Manager-
Materials
Aug.1992 – July
2003
Maharashtra Seamless
Ltd.,Nagothane
Purchase & Stores
Officer
June 1990 – Aug.
1992
Practicing Cost Accountant: Since January 2012 – 4 yrs +
DETAIL OF ASSIGNMENTS HANDLED:
As a Purchase & Stores Manager handled procurement of raw materials ,
machineries and spares, stores consumables, transportation /logistic contract ,
Import of machineries and spares, custom clearance – following six R’s i.e. Right
material in Right quantity of Right Quality at Right price at Right time from Right

3. source. Handled stores management – receipt of incoming goods, quality check,
storage, preparation of GR notes, processing suppliers bill, coordination with
Accounts for release of suppliers’ payment, vendors’ performance assessment,
vendor development; Inventory control by following MUSIC -3D, JIT, regular follow
up with suppliers, shop floor production people, Physical stock taking.
As a Finance & Accounts Manager- routine book keeping, statutory compliance in
respect of TDS/TCS, Central Excise & Service Tax, PF, ESIC, Sales Tax/ VAT,
CENVAT/Input credit, Duty Draw Back, preparation of cash flow, profit & loss
account, balance sheet(annual report), Bank & cash management, routine scrutiny of
debtors & Creditors, Credit rating, follow up with Banks for fund management,
monthly CMA report, Wages & Salary payment, contract labour payments. Routine
follow up with Central Excise authorities, DGFT, Custom House, Commercial Tax
department, bank , Forex hedging for import payment, etc.
As a COST & MANAGEMENT ACCOUNTANT-Coordination with various
departments for collection of cost data i.e. raw materials consumed,
electricity/water/steam/ other utilities generated and consumed, manpower
deployment details- attendance , wages, attendance/absentees report, vehicle plying
report, legal case status, sales data, sales forecast, production forecast, tax payment
status under various Acts/Rules, monthly MIS generation. Preparation of cost
accounting records, on monthly, quarterly, half yearly basis & annual basis,
coordination with statutory and internal auditors, highlighting weak and strong areas
to Management for remedial/follow up action .
As a Practicing Cost Accountant:

4. 1. Cost audit of of Jadhao Gears Pvt. Ltd. , Amravti – Machinery
Manufacturing Company
2. Cost audit of MPM (I) Pvt. Ltd., Hingna, Nagpur – Manufacturing of
consumables for Foundry shop
3. Participated in cost audit of MP State Power Generation
Co.,Jabalpur and MSEB as partner of YR Doshi & Co., Cost
Accountants, Mumbai
4. CAS 4(certification of production cost) of following companies-
(i) DCL Polyster,Mouda(now Reliance Industries)
(ii) Windal Precisions Pvt. Ltd., Hingna, Nagpur and Pune unit
(iii) Jadao Alloys and steels, Amarvati
(iv) Jadhao Icon, Amravti
(v) GTI Textiles Ltd. Butibori
5. Consultancy – stores management, Import & Export, Service Tax,
Data mining & analysis.
6. Cost audit assignments from Department of Fertilizer, Ministry of
Fertilizers & Chemicals in respect of the following companies:
(i) Nagarjuna Fertilizers & Chemicals Ltd.
(ii) KPR Fertilizers Ltd. – 2 units
(iii) Shriram Fertilizers & Chemicals Ltd. – 3 units
(iv) Mangalore Fertilizers & Chemicals
(v) Liberty Phosphate Ltd. Kota/Ranipen/Udaipur/Pali/Baroda/
Raibareli

5. (vi) Coromandal International Ltd.
7. Consultancy in LBT, Service Tax.
8. Stock audit – Bank of Maharashtra