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P R A K A S H J A D H A V
Looking for a advanced career opportunity and challenging position in the field of Material management, Inventory,
Cost control or Auditing, fields wherein I can utilize my experience, skills and knowledge for the betterment of the
organization, and in turn inspires me to enhance and therefore to innovate the work culture for the betterment of
More than 11+ years of progressive responsible experience in the field of Cost / Inventory Management, Material
Management and Operations / Administration in Kuwait among various sectors in the Gulf region.
A dedicated and technically skilled business professional, with a versatile administrative and operational support skill
sets developed through experience at various levels.
Excellent in resolving challenges with innovative solutions, systems and process, improvements proven to increase
efficiency and possess excellent verbal and written communication skills for a demanding and customer focused
Ideally possessing a relevant professional qualification and/or suitable background experience in inventory and cost
Ability to work productively, efficiently & effectively with initiative and drive under tight timescales and pressure,
whilst maintaining attention to detail and quality willingness to learn, improve and adapt. Analytical skills, patience,
Advanced computer skills in MS Office Suite and other applications/systems, Experienced in implementation of
centralize system through ERP Package and SAP
Poona Collage of Arts, Science & Commerce, Poona University Pune India Year 2000
Bachelor of Commerce (Business Communication & Corporate Accounting)
Efficient in Office Management
Teambuilding & Supervision
Staff Development & Trainings
Knowledge of FIRST AID
Materials Management & Stores
Knowledge & awareness of HSE
standards & procedures
Experienced Safety Marshal
Hand on experience working
on MS GP platform
Knowledge & awareness of
ISO standards and procedures
Internal Auditor for ISO
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First Kuwaiti Trading & Contracting Co. Kuwait Dec 2012 till Present
Cost / Inventory Controller, Cost Control & Materials Management Dept HO Sharq.
First Kuwaiti Trading & Contracting Co is a multi-disciplined company, contains activities like- civil, mechanical,
electrical and marine projects. First Kuwaiti Trading & Contracting Co is an approved contractor under various
categories within KOC , KNPC , Central Tenders Committee ( CTC ), Ministry of Communication ( Transport
Department ) , Ministry of Public Work (MPW), Kuwait University , US Army and the MNFI. First Kuwaiti has
operations in various countries like Iraq, Jordan, KSA, and Lebanon apart from Kuwait, and also has a MOU with
the US govt. for their various projects throughout the world.
As a valued member of the Cost Control / Materials Management dept team my duties as an Inventory / Cost
Controller are as follows but certainly not limited to;
Develop the company’s inventory management strategy with the aim of controlling costs within budgetary limits,
generating savings, rationalizing inventory and maximizing available working capital. Manage and maintain the
company’s material and stocked product inventory including stock profiles and stock locations
Manage and control perpetual inventory stock counting / inventory accuracy checks, Minimize overstocks and
removal of obsolete / redundant raw materials.
Ensure that goods inward / stock control department is well organized and controlled to sufficiently support
projects and the goals of the business. Ensure incoming product is receipted and managed appropriately according
to company policies and procedure.
Provide routine management information on inventory performance
i. Monitor and evaluate consumables usage & costs
ii. Monitor & evaluate material utilization and scrap.
Implement improvement processes and systems to reduce inventory, minimize costs and maximize working capital,
Write and maintain accurate written procedures for all main inventory control processes and functions.
Conducts periodical cycle counts of inventory materials based upon computer-monitored suggested re-order listing;
assists in conducting complete physical inventory count annually. Be responsible for managing and running planned
Organizes with the storekeeper the maintains warehouse and inventory yard areas for efficient material storage and
handling; maintains labeling system on each stock item; manually stocks inventory shelving with stock items
received or returned.
Ensure all the material is well stored in accordance to the highest SAFETY & HAZMAT standards
Tightly monitor nonmoving items and initiate for the disposal of dead stock. Minimax planning, Categorization of
inventory (ABC) to closely monitor and control inventory to avoid unnecessary delays and avoiding revenue loss.
Monitory inventory item creation and to closely monitor redundant item creation
Ensure integrity and accuracy of the stock management system, Produce daily reports to ensure key critical areas of
the stock system are controlled and any discrepancies addressed and resolved.
Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed and resolved.
Achieve a minimum of 99% inventory record accuracy.
Generating financial year ending stores inventory reports to be submitted to the external auditors for all the stores
also a consolidated report for the company’s total year ending material balance for the Finance dept.
Liaise with Finance dept in the annual stores inventory / auditing to physically identify maximum number of items
in a given store to ensure maximum accuracy in system to physical count, minimum discrepancies and no NCR
raised to the satisfaction of external auditors / banks.
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Cost Control ler
Assigning appropriate cost center codes for all the related expense documents according to the BOQ activity and
budget allocation (direct cost, indirect cost, material, labor, equipment Sub contractor agreements, petty cash
expenses vouchers and other related work) done according to their projects.
Generating new cost center codes for all new cost centers for new projects after studying the BOQ and all the
activities within the BOQ for new projects or ongoing projects using standard CSI International coding system
Activating all the new cost code centers created according to their projects in GP system before forwarding them to
the requesting departments for utilization
Collecting data and information for construction cost/budget reporting and analysis.
Managing construction project budgets, analyzing budget variances, processing invoices, evaluating project trends
and cost forecasting
Monitoring cost /Budget forecasts and preparing cost trend reports
Coordinating and assembling monthly progress reports including actual cost s, committed costs and budgeted cost.
Reviewing PO’s, payment orders, sub contractor agreements and other expense and preparing a budget review sheet
for the same to show the utilization and usage of the budgeted amount for the same.
Assisting with the setup tracking and analyzing of billed time and associated costs within the project and the
Support the management team on ensuring projects adherence to the approved budget. Lead, coach and mentor a
team of cost controllers, Storekeepers and Accountants.
Safety First Policy
On regular basis having training and awareness meetings for all the storekeepers, asst storekeepers and store helpers
to implement and follow all the Safety measures as mentioned in the company Safety manual. Proper and
appropriate use of PPE gear at all times as per the safety policies of the site. Storage of material according to their
safety standards and also the use of Fire Extinguishers and First Aid in case of emergency.
O&G Engineering & Contracting Co. W.L.L Kuwait Mar 2012 to Nov 2012
Project Coordinator / Site Administrator (KOC New GC-16 project West Kuwait)
O&G Engineering & Contracting Co. W.L.L a subsidiary of Al-Dorra Petroleum Services Co. is a multi-
disciplined company contains activities like- civil, mechanical and electrical, quality assurance, control processes,
health, safety and environment procedures with diversified operation. O&G is an approved contractor under
various categories within KOC , KNPC , PIC , Joint-operations (JO), KOTC , Central Tenders Committee (
CTC ), Ministry of Communication ( Transport Department ) , Ministry of Public Work (MPW), Kuwait
University , PHA , KFB , MOE , ABB and Siemens
As a valued member of the GC-16 Projects I handle a team of professionals who in turn helps me in
coordination all the required and necessary general activities of Admin / HR like payroll, new recruitments,
vacation planning’s for all the site personals KOC gate passes, visa renewals new visa applications, operators
licenses / Inshaya renewals and new applications. Develop, implement, review process and administer employee
claims and requests relating to status, payments, leaves, and loans ensuring they are completed effectively and
efficiently in compliance with policies and procedures of the company. Procurement of office necessities,
coordinating all aspects of ; space planning, facility administration, office supplies, housekeeping and
administration of supplies/services contracts for office services, and monitoring the proper application of the
terms and conditions of the contracts, and performance of the contractors. Plans, coordinates and directs the
utilization of manpower and equipments on the site with the consultation of the Project Manager to ensure
maximum utilization of resources for the smooth functioning of the project and to meet the given deadlines.
Also take care of the day to day and monthly accounts of the site including the entire site personals payroll and
all the other expenses of the site. Verify and process the vendor payments for manpower supply, equipments
and other related matters. Planning and preparing the monthly budget for site expenses, keeping all the records
of total expenses and costs incurred on the project.
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Mubarrad Transport Company Kuwait May 2005 to Feb 2012
Inventory Controller /Sr. Supervisor Contracts and Administration
Mubarrad Transport Company is a premier transportation company offering assured land transport services
between Kuwait and neighboring countries, guaranteed, bonded carriers, reefers, tankers, dry box, dumper
trucks, flat beds. & low bed trailers. Also has a heavy equipment division Emdad with all the required heavy
equipment’s like tower cranes, loaders, excavators etc.
As a valued member of the Projects & Contracts team deal with all the projects and contracts issues starting
from replying to quires to look into all the customer issues from the implementation of the project till its end.
Preparation of assets, equipment, briefing out the given project takes to the team, managing the manpower
issues with the HR dept and finally preparing the monthly project report and accounts statement for final
invoicing. Also take care of the day to day operations of the given projects to the full satisfaction of the
customers, also resolved all customer issues arising during the project with the support of my superiors in
accordance with the company policies and procedures within the given frame work.
Train and supervise qualified staff (approved within the organization chart) to organize the company asset,
drivers documentation, in order to achieve asset availability in excess of 90% 24/7.
Maintain close relationship with Insurance dept. fleet office, Technical dept and HR dept in order to respond to
any subsequent bid requests in a timely and appropriate way.
Determine the functionalities e.g., while a order placement of vehicles is made from a contract, a competitive
analysis & QA/QC inspection is made by me ensuring that the vehicles meet the standard necessities for the
contract and any alterations are required accordingly the vehicle will be sent to Technical Dept. for the desired
Enforcing contractual rights when issues invariably arise, parting incidents and accidents for Insurance claims
will be met
Controlled and coordinated stock takes in accordance with the safety standards.
Ensure the company assets base is properly registered, maintained and fit for purpose and assist in annual audits
of the same...
Supervising workplace operations, with effective delegation and team efficiency
Conduct monthly reviews with Manager, which cover key areas of variance analysis
As a valued member of the ISO 14001:2004 & OHSAS 18001:2007 internal audit team, conduct mock audits to
ensure the compliance of ISO procedures and maintaining the accreditation through ongoing commitment.
Provide driver skills test and competence / safety training programs on an ongoing basis and maintain adequate
records of the same.
Also carry out annual appraisals for all staff and recommend training, advancement or probation as appropriate
to the Operations Director / Projects & Contracts Manager.
Assessing vehicles performance and describing revenue possibilities by planning their maintenance
Also worked as Logistics Specialist and Project Administrator with the Multi-National Forces in Al Asad Iraq on
one of my company project. Our mission there was to supply potable water, fuel and transportation of other
Military ware from camp Al Asad to various other locations in Iraq. Have a very good hand on experience
working with the Army following all their SAFETY policies HAZ MAT / HAZ WASTE procedures and all
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Certifications & Appreciations
Training in Basic First Aid / CRP from IMEX International Kuwait July 2012.
Successful completion of Internal Auditors Training Program on ISO 14001:2004 & OHSAS 18001 & 2007
Successful completion of Fire Extinguisher Training Program on Sep 2011.
Appreciation as Movement Control Supervisor April 2009 for precise and accurate inventory of company
assets in the annual asset inventory.
Appreciation for significant effort and outstanding support in the recovery of company assets in Aug 2008
Attending a course on ISO 9001:2000 awareness in June 2006 by AL-DAR CONSULTING CO.
Appreciation for best services in the year 2005.
Birth Date: 3rd December 1975
Passport Number J3971583
PP Issue Date Place & Expiry KUWAIT 10/11/2010 to 09/11/2020
Visa Status: Visa # 18 (Transferable)
Marital Status: Married
Number of Dependents: 5
KD 750/- pm
Driving License: Light Vehicle Kuwait
Notice Period: Negotiable
Reference: Available on request