Bhagvat Chawda

• Instituting & executing product costing activities, such as calculating the working cost and communicating with
stakeholders as required
• Collaborating with stakeholders while keeping them informed of progress & issues in order to manage expectations
on all requirements and deliverables
• Steering efforts in generating various MIS reports like monthly profitability report, monthly profit & loss, balance sheet,
cash flow statement, and cash flow projection
• Spearheading all aspects of Accounts & Finance functions involving determining accounting objectives, designing &
implementing systems and framing policies & procedures to facilitate process control
• Developing rolling forecasts for cash flow, profit & loss projections for review by management
• Providing insight to the financial decision-making process through analysis, financial projections (budgeting and
forecasting) and reporting; bringing in scalable financial control in operations
• Ensuring that all accounting records (books of accounts), financial statements and other financial reports are accurate
and duly comply with all statutory & regulatory requirements
• Creating budgets & conducting variance analysis to determine difference between projected & actual results
• Providing necessary information for the Annual Accounts and attending to the Statutory Auditor

• Assist in Budget preparation and to Update Routing in ERP
• Monthly inventory valuation and Reconciliation with GL
• Variance analysis of department wise Cost and in case of major variance report to Department Head, CFO & CEO
• Carrying out analysis of Product wise & Stage wise Material Cost and overhead Cost for Rod, Wire & Conductor
• Enabling the comparison between actual costs, projected costs & profitability
• Calculation of additional manufacturing cost in case of special Rod & Conductor
• Ensuring timely completion of audit assignments and assisting auditors in completion of audits

• Analyzed expenses and cost transactions; ensured that transactions are recorded accurately and assigned to the appropriate
projects and departments
• Maintained inventory records for raw material and finished goods, scheduled and conducted physical inventory check which
minimized shrinkage
• Prepared and posted monthly journal entries related to inventory valuation adjustment and reconciliation with GL
• Engaged in overviewing all costing activity including new product developments cost; reviewed product costs due to change
in processes or material standards
• Analyzed records and ascertained distributing cost for various aspects of production and management which provided accurate
product cost information

Managing a team of 3 members
Accountable for compilation of cost audit reports and cost accounting records as per cost accounting records rules as prescribed under companies act; executing conversion of cost audit reports in XBRL formats
Analysing yield loss statement and Material Consumption Actual vs. Std. to segregate normal and abnormal consumption as well as licensed, installed & utilized capacities, thereby segregating idle cost for product level absorption of overheads
Performing analysis and segregation of:
HO cost between cost & non cost, admin., selling & distribution, finance cost, etc.
Plant cost between manufacturing and post manufacturing

• Compiled cost audit reports and cost accounting records as per cost accounting records rules as prescribed under companies
Act, executing conversion of cost audit reports in XBRL formats
• Analyzed Yield Loss Statement and Material Consumption Actual vs. Std. to segregate normal and abnormal consumption as
well as licensed, installed & utilized capacities, thereby segregating idle cost for product level absorption of overheads
• Showcased excellent performance and achieved:
◦ Appreciation from the Senior Cost Accountant in recognition for streamlining the process of maintenance of cost accounting
records
◦ Appreciation for efforts contributed to detailed analysis of the system for maintenance of Cost Accounting Records

Executed functions such as:
Product costing and analysis of Bill of Material for CTV LCD TV & WMO
Monthly MIS Reporting on branch wise product wise sales
Conducted analysis of:
Inventory like material in transit, non-moving/ slow moving stock
Sales variance, travelling expenses and secondary & primary freight on monthly basis
Performed inventory valuation on quarterly basis and supported the Statutory Auditor for the same
Carried out in-depth special studies pertaining to audit of purchase order aimed at ensuring proper duty%, analysis of Bill of Material as well as analysis of PO quantity to check whether the same is in line with approved quantity

• Executed product costing, provided data for MIS report and assisting in Budget
• Conducted analysis of BOM & Non/Slow moving stock
• Performed monthly variance analysis for sales, travelling and primary & secondary freight cost