Ashutosh Kumar

Chartered Accountant | Finance Manager
Bengaluru, IN.

About

Chartered Accountant with over 3 years of progressive experience in high-growth consumer and retail businesses, specializing in fundraising, investor relations, and strategic finance. Proven track record of leading significant funding rounds (₹200 Cr), driving IPO readiness, and consolidating financials for 23+ subsidiaries. Adept at translating complex financial data into actionable business strategies, optimizing costs, and fostering investor confidence with a hands-on, founder-friendly approach.

Skills

Business Finance & FP&A

Budgeting, Forecasting, Performance Tracking.

Fundraising & Investor Relations

Pitch Decks, Financial Modelling, Due Diligence.

MIS & Consolidation

Multi-entity Reporting, Variance Analysis.

Controllership & Governance

Statutory Compliance, ICFR, Audit Management.

IPO Readiness

DRHP Drafting, SEBI ICDR Compliance.

Cost Optimization

Supply Chain, SKU Mix, Unit Economics.

Financial Reporting

P&L, Balance Sheet KPIs, Cash Flows, IND AS 115.

Risk Management

Process Risk Control Matrix (RCM), ICFR Testing.

Audit

Internal Audits, Statutory Audits, Vendor Audits, GST Compliance.

Financial Analysis

Capex Control, Tax Planning, Impairment Testing, Segment Analysis.

Stakeholder Management

Investor Communications, Board Presentations, CEO Collaboration.

Work

Globalbees Brand Pvt. Ltd.
|

Associate - Finance

Bengaluru, Karnataka, India

Summary

Managed financial reporting and compliance, contributing to strategic decision-making and operational efficiency for Globalbees Brand Pvt. Ltd.

Highlights

Consolidated monthly P&L for 50+ brands, representing ~₹150 Cr in monthly revenue, providing critical financial data for leadership decision-making.

Led financial disclosures for Brainbees' (FirstCry) DRHP, ensuring comprehensive IPO readiness and strict regulatory compliance.

Successfully closed financials for 7 legal entities without delays, significantly improving statutory audit timelines and efficiency.

Created and implemented the Process Risk Control Matrix (RCM) across all entities, resulting in seamless Big 4 ICFR testing and enhanced internal controls.

Evaluated and structured complex bank credit proposals, enhancing working capital flexibility and securing crucial funding for business operations.

Globalbees Brand Pvt. Ltd.
|

Manager - Finance

Bengaluru, Karnataka, India

Summary

Currently leading finance operations, spearheading fundraising initiatives and strategic financial planning for Globalbees Brand Pvt. Ltd., a rapidly scaling consumer and retail-focused business.

Highlights

Drove a significant ₹200 Cr fundraise by developing comprehensive investor decks and robust cash flow models, strategically aligning financial operations with aggressive growth goals.

Led critical investor communications and Board presentations, translating complex financial metrics into actionable insights that informed key strategic decisions.

Designed and implemented the comprehensive Annual Operating Plan (P&L, Balance Sheet KPIs, cash flows) in close collaboration with the CEO, enhancing financial foresight and control.

Currently leading live fundraise discussions with Avendus Capital, actively securing additional capital to fuel ongoing business expansion and strategic initiatives.

Consolidated financials for 23 subsidiaries, resolving complex issues such as brand closures, impairment testing, and segment-level analysis to ensure accurate financial reporting.

Identified and delivered ~₹1 Cr in structural cost savings within the marketplace model, significantly improving overall profitability and operational efficiency.

Partnered with leadership to optimize SKU mix and inventory management, enhancing margins and freeing up capital across diverse business operations.

Benchmarked operational costs against the parent company, unlocking significant supply chain and warehousing efficiencies that drove cost reductions.

Ernst & Young (EY)
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Consultant - Business Risk Consulting

Mumbai, Maharashtra, India

Summary

Provided expert business risk consulting services, conducting internal audits and specialized reviews for diverse clients across multiple industries at Ernst & Young.

Highlights

Conducted comprehensive internal audits for major FMCG, infrastructure, and energy clients with turnovers ranging from ₹6,000 Cr to ₹40,000 Cr, identifying key risk areas.

Specialized in capex control, vendor spend audits, tax planning, and HR process reviews, delivering actionable insights for risk mitigation and operational efficiency.

Oswal Sunil & Company
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Article Assistant

Mumbai, Maharashtra, India

Summary

Gained extensive experience in statutory audits, regulatory compliance, and financial review for a diverse client portfolio, contributing to robust financial practices.

Highlights

Led the DRHP compilation for Elin Electronics Ltd., ensuring stringent SEBI ICDR compliance crucial for public offerings.

Performed statutory audits for listed and private entities across electronics, real estate, and medical devices sectors, ensuring adherence to financial standards.

Conducted in-depth impairment testing, IND AS 115 revenue reviews, and financial consolidation for key clients including Nimbus Projects Ltd., enhancing reporting accuracy.

Reviewed operational processes under NSDC schemes (PMKVY, NAPS) and vendor management for companies such as Exicom and HTL Ltd., optimizing compliance and efficiency.

RN Marwah & Co. LLP
|

Article Assistant

Mumbai, Maharashtra, India

Summary

Conducted essential compliance and audit reviews, contributing to financial integrity for clients within a fast-paced professional environment.

Highlights

Conducted comprehensive GST compliance reviews and vendor audits for Ferns & Petals Pvt. Ltd., ensuring robust regulatory adherence and financial accuracy.

Education

ICAI
Mumbai, Maharashtra, India

Chartered Accountant

Accounting

SSLT Gujarat Senior Secondary School
Ahmedabad, Gujarat, India

Class XII

Commerce

New Sandhya Public Secondary School
New Delhi, Delhi, India

Class X

General Studies

Languages

English
Hindi