Experience in India

Observer for Chartered Accountancy Examination

- Appointed as observer for Chartered Accountancy Examination by The Institute of Chartered Accountants of India in K.J Somaiya College, Mumbai

Proprietor 'G.Satapathy and Company'

Mr Gopabandhu Satapathy has been practicing as a self- employed, independent Chartered Accountant as proprietor of G. Satapathy and Company, Chartered Accountants, (G. Satapathy and Company, Chartered Accountants has been empaneled with the Comptroller and Auditor General of India) in Mumbai, India since March 1988 and renders professional service in areas of statutory audit, internal audit, systems audit, tax audit, accounts, financial management, taxation, management consultancy, risk management, internal control, corporate governance, insurance survey and loss assessment and related work

Mr Gopabandhu Satapathy is empaneled with the following public sector insurance companies and mostly renders his services in insurance survey and loss assessment for claims in miscellaneous branch of insurance e.g burglary, cash in transit, fidelity guarantee, bankers’ indemnity, financial sector insurance, officers and director's liability and for damage to property and consequential losses under fire insurance.

• The New India Assurance Co Ltd-Annual turnover exceeds USD3billions and the company has offices in more than 25contries all over the world.
• The Oriental Insurance Co Ltd-Annual turnover exceeds USD1.25billion
• The National Insurance Co Ltd -Annual turnover exceeds USD1.50billion
• The United India Insurance Co Ltd-Annual turnover exceeds USD1.75billion

The highest amount of loss assessed by Mr Gopabandhu Satapathy exceeds USD375000 for damage to property under Fire policies and USD325000 for losses under miscellaneous policies.

Insurance survey and loss assessment requires the utilization of the knowledge and skills of Audit, Investigation, Forensic Audit, Accounting, Forensic accounting, Risk management, Financial Management, Cost Control, Commercial law, Valuation, Communication skills, Assessment, Effective Negotiation, Insurance Law and terms of Insurance Contract. Mr Gopabandhu Satapathy is having experience in these areas over the past more than 32years and this experience, combined with the professional qualifications of Mr Gopabandhu Satapathy can be utilized in many similar areas.

Accountant in senior officer cadre

Mr Gopabandhu Satapathy worked as Accountant in senior officer cadre in Shree Ram Mills Ltd, Mumbai The company used to have turnover USD 10 millions and used to employ more than 5000employees.

Accounts Supervisor

Mr Gopabandhu Satapathy worked as the Accounts Supervisor in the Engineering projects division of Crompton Greaves Ltd, Mumbai The Company had an annual turnover of about USD40million and used to employ about 12,000employees.

Accountant

Mr Gopabandhu Satapathy worked as the Accountant of Indian Express News Papers Ltd, Mumbai.