Summary
Overview
Work History
Education
Skills
Languages
Personal Information
Custom
Timeline
Generic

Dinesh Nambhi

Dubai

Summary

Detail-oriented professional with expertise in cost analysis, variance analysis, and cost allocation. Proficient in standard costing and advanced Excel functions, with hands-on experience in SAP MM and Tally. Strong team player committed to delivering accurate financial insights to support strategic decision-making.

Overview

15
15
years of professional experience
2019
2019
years of post-secondary education

Work History

Accountant

National Pharmaceutical Industries Co.SAOC
Dubai
12.2019 - Current

Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions.

Ensured timely completion of quarterly VAT returns and
refunds, maintaining compliance and maximizing cash flow.

Prepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information.

Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies.

Summarizes financial status by collecting information and preparing balance sheets, profit and loss statements, and other documents.

Manages the payroll process

Completes external audit by analyzing and scheduling general ledger accounts and providing information for auditors.

Avoids legal challenges by complying with legal requirements.

Secures financial information by completing database backups.

Protects organization’s value by keeping information confidential.

Optimized inventory management of raw materials and
finished goods, enhancing resource allocation by effectively
monitoring slow-moving stock.
Revamped Bills of Materials (BOM) and implemented
standard costing strategies to elevate cost control.
Conducted in-depth batch-wise yield analyses to boost
production efficiency and minimize costs.



Finance and Accounts

Mumbai
07.2016 - 11.2019
  • Managed product costing for the Export Market, ensuring competitive pricing strategies
  • Ensured rate accuracy and timely updates to reflect business changes
  • Collaborated with Sales Team and Pricing Analysts on proposals for new and existing products
  • Delivered clear cost variance analysis and explanations to the Management Team
  • Evaluated and reported on key performance indicators, effectively communicating insights to Management
  • Prepared comprehensive MIS reports to assess country-wise sales profitability
  • Identified innovative strategies to reduce pricing, enhancing competitiveness in the tender market

Costing Officer

Mumbai
03.2015 - 06.2016
  • Conducted comprehensive valuation of Raw Materials (RM), Packaging Materials (PM), Work In Progress (WIP), and Finished Goods (FG) inventory, ensuring optimal overhead allocation and active monitoring of slow/non-moving stock for effective write-offs
  • Executed rigorous Cost Audits for the Loan License Unit, enhancing financial accuracy and compliance
  • Led quarterly updates of Bill of Materials (BOM), ensuring alignment with production requirements and cost efficiency
  • Collaborated on P2P Product Costing with third-party products, driving significant cost reduction initiatives and enhancing profitability
  • Performed in-depth Monthly Batch Wise Yield Analysis to identify trends and optimize production processes
  • Managed Local Sales and Export Valuation across countrywide and therapeutic categories, ensuring precise pricing strategies
  • Conducted Monthly Batchwise Costing and Yield Variance Analysis to support informed decision-making and operational improvements

Costing Officer

Mumbai
09.2013 - 03.2015
  • Conducted comprehensive valuation of raw materials, packaging materials, work-in-progress, and finished goods, ensuring accurate overhead allocation and monitoring of slow/non-moving inventory for effective stock management
  • Executed Loan License Product Costing on a quarterly basis, enhancing pricing accuracy and competitiveness
  • Engaged in strategic export pricing initiatives for the Rest of the World market, optimizing revenue potential
  • Collaborated on P2P product costing with third-party products, driving significant cost reduction and efficiency improvements
  • Performed detailed monthly batch-wise yield analysis for Loan License, facilitating data-driven decision-making
  • Managed quarterly physical stock assessments for Loan License units, ensuring inventory integrity and regulatory compliance

Costing Officer

Mumbai
06.2010 - 09.2012
  • Spearheaded cost allocation for Bulk Drug Overheads using the Bottleneck Method to enhance financial efficiency
  • Conducted comprehensive Product Costing for Bulk Drug Products, ensuring accurate BOMs and up-to-date financials
  • Executed yield variance analysis, offering actionable insights to drive strategic decision-making
  • Analyzed recovered statements, providing crucial insights into overhead cost dynamics
  • Supported Export Pricing strategies to increase profitability in international markets
  • Implemented quarterly cost sheet updates to ensure precision and relevance of financial data

Costing Officer

Mumbai
06.2010 - 09.2012
  • Conducted in-depth cost analysis for export markets, targeting tender and private sector opportunities
  • Drove cost reduction initiatives through cross-functional collaboration with Marketing, Procurement, Production, and Packaging teams
  • Produced and presented MIS reports on costing, enabling informed decision-making for key stakeholders
  • Executed comprehensive project costing and profitability analyses, identifying low-contribution areas and recommending impactful cost-saving strategies
  • Compiled detailed cost and performance reports to enhance collaborative cost reduction efforts across departments
  • Managed product costing for precise pricing, boosting market competitiveness
  • Developed and implemented quality systems for efficient product history tracking, ensuring compliance and performance standards
  • Assessed and monitored raw materials, packaging, and inventory, identifying slow-moving and written-off stock
  • Delivered actionable weekly and monthly sales reports to support strategic decision-making

Education

B.COM -

PRAKASH COLLEGE, MUMBAI UNIVERSITY

M.COM - undefined

LORDS UNIVERSAL COLLEGE-MUMBAI UNIVERSITY

Skills

  • COST ANALYSIS
  • VARIANCE ANALYSIS


  • COST ALLOCATION
  • STANDARD COSTING
  • EXCEL
  • TEAMWORK
  • SAP MM
  • TALLY

Languages

English
Hindi
Marathi
Tamil

Personal Information

  • Date of birth: 04/22/89
  • Nationality: India
  • Marital status: Single
  • Visa status: Approved

Custom

  • Playing games
  • Traveling

Timeline

Accountant

National Pharmaceutical Industries Co.SAOC
12.2019 - Current

Finance and Accounts

07.2016 - 11.2019

Costing Officer

03.2015 - 06.2016

Costing Officer

09.2013 - 03.2015

Costing Officer

06.2010 - 09.2012

Costing Officer

06.2010 - 09.2012

M.COM - undefined

LORDS UNIVERSAL COLLEGE-MUMBAI UNIVERSITY

B.COM -

PRAKASH COLLEGE, MUMBAI UNIVERSITY
Dinesh Nambhi