Posted by on September 09, 19100 at 16:35:14:

RESUME

NAME : NAVIN C.BHATT

ADDRESS : A-13 Central Complex,
Periera Nagar, Khopat,
Thane(West)-400601
(Mumbai-India).

E-MAIL ADDRESS : navincbhatt@hotmail.com

PASSPORT NUMBER : B 0532057

TELEPHONE : (022) 5437511 (Residence)

MARITAL STATUS : Married

DATE OF BIRTH : November 17, 1969

PROFESSIONAL : Certified Internal Auditor (CIA) from the
QUALIFICATIONS Institute of Internal Auditors, Florida, USA
(Completed in May 2000)

Cost Accountant (AICWA) from The Institute of Cost & Works Accountants of India (Completed in Dec 1995)

EDUCATIONAL QUALIFICATIONS:

EXAMINATION BOARD/UNIVERSITY YEAR OF QUALIFICATION
Bachelor Degree in Commerce Calcutta 1991
Higher Secondary Certificate Calcutta 1988
Matriculation Delhi 1986

COMPUTER PROFICIENCY : Working on MS OFFICE 2000. Successfully
completed course on Windows 95 and MS
Office from Microsoft Authorised Education
Centre.Completed diploma in computer
applications.

WORK EXPERIENCE : 8 years

A. Presently working in CEAT Ltd., a flagship company of RPG Group having annual sales turnover of Rs.1347 crores, as a Senior Officer –Internal Audit since February1997.

Major job responsibilities includes:
a. Responsible for directing a comprehensive and well-balanced programme of audit coverage and conducting financial, operational, system and compliance audits and ensuring that audit meets standards and comply with policies and procedures of the management.
b. Ensuring all aspects of audit planning and coordination with the management.
c. Assisting management in the identification and assessment of risks in various operational, financial and systems areas.
d. Reporting to senior management on the basis of risk based controls.
e. Recommend and help implement innovations to process and improvements to internal control.
f. Scheduling the follow-up activities for the recommendation made in the audit report.

In the light of the above-defined job responsibilities the following areas have been covered in one Division Office, two Manufacturing Locations, six Regional Sales Offices and twenty-six C&F Agency.

Division Office, Regional Offices and C&F Agencies:

a. Audit of various expenses like Traveling, Sales Commission, Discounts allowed, etc., and their compliance with the policies of the management.
b. Ensuring strict compliance of the Sales Accounting Manual for smooth operation of the accounting and commercial functions.
c. Conducting risk assessment of the credit terms entered by the management with the dealers.
d. Responsible for assisting in the deterrence of fraud by examining and evaluating the adequacy and effectiveness of control.
e. Identified inventory stocking norms for each location.

Manufacturing Locations:

1. Purchase functions- Raw Materials & Engineering items.
2. Production functions.
3. Generation of scrap.
4. Outsourcing of production.
5. Inventory and warehousing functions.
6. MODVAT-Raw Material & Capital Goods.
7. Logistics and Distribution.
8. Procurement of Capital Goods.
9. Factory Accounts.
10. Service Contractors & Administration etc.

Achievements in CEAT Ltd.

a. Detection of frauds connected to traveling expense statement.
b. Help management to avail MODVAT credit to the tune of Rs.24 lacs.
c. Identification of wrong discounts passed on to dealers amounting to
Rs.6.50 lacs.
d. Planned out effective perpetual inventory system for the regional offices and noted considerable improvements in stock management.
e. Conducted Control Self Assessment workshop on purchase functions.
f. Provide assistance in the preparation of Internal Audit Manual.


B. Worked with IPCA LABORATORIES Ltd, a pharmaceutical company having annual sales turnover of Rs.300 crores, as Officer –Internal Audit for the period July’93 to Jan 1997.

Major job responsibilities includes:
a. Conducted internal audit of various functions of the organization.
b. Conducted operational audit and compliance audit at various locations.
c. Conducted Depot Audit at various sales locations.
d. Preparation and follow up of internal audit report.
e. Physical verification of inventory in coordination with statutory auditors.

Achievements in IPCA Laboratories Ltd.

a. Drafted Standard Operating Procedures for the functions like excise, job carried out on the basis of contract, inventory management.
b. Identified the suppliers for supplying the spares of inferior quality and help the management in blacklisting the name from the approved vendor list.
c. Evaluated the incentive scheme of the field staff and came out with a novel idea for rewarding the sales staff.

C. Worked with NATIONAL TEXTILE CORPORATION, a government owned textile manufacturing company, as a Management Trainee-Cost for the period Jan’92 to June’93.

Major job responsibilities includes:

a. Preparation of Cost Sheets.
b. Maintaining Cost Accounting Records.
c. Analysis of variance from the budget.
d. Monthly MIS report to the management.

SEMINARS/IIA PEER MEETING ATTENDED: Control Self Assessment, Human aspect in Internal auditing, Audit and ERP, Management audit, MODVAT on capital goods, Information technology and Internal auditing, Business Process Engineering etc.

HOBBIES : Listening to music
Reading management books.

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