Ashutosh Kumar

Chartered Accountant | Finance Leadership | Strategic Finance | Investor Relations
Bengaluru, IN.

About

Chartered Accountant with over 6 years of progressive experience in finance leadership, fundraising, and strategic controllership. Proven ability to drive significant financial growth, demonstrated by leading a 200 Cr funding round and consolidating financials across 23 subsidiaries for a dynamic consumer-tech environment. Seeking to leverage expertise in investor relations, financial planning, and optimizing unit economics to propel growth and build investor confidence in a forward-thinking organization.

Work

Globalbees Brand Pvt. Ltd.
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Manager – Finance

Bengaluru, Karnataka, India

Summary

Spearheaded financial strategy and operations for Globalbees, leading a significant fundraise and consolidating financials across numerous subsidiaries.

Highlights

Led a successful 200 Cr fundraise by developing comprehensive investor presentations, preparing long-term business strategies, and detailed cash flow forecasts.

Managed all investor communications and provided critical financial analysis to support Board discussions and strategic planning initiatives.

Consolidated financials for 23 subsidiaries, collaborating with statutory auditors on complex matters including impairment evaluations, brand closure strategies, and segmental reporting.

Partnered with leadership to benchmark operational areas against the Parent Company, identifying significant cost savings opportunities in supply chain, warehousing, and E-commerce.

Globalbees Brand Pvt. Ltd.
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Associate - Finance

Bengaluru, Karnataka, India

Summary

Managed financial reporting and compliance for Globalbees, ensuring accurate P&L consolidation and supporting critical IPO-related disclosures.

Highlights

Consolidated monthly P&Ls for over 50 brands, representing ~150 Cr monthly revenue, providing strategic financial insights to leadership.

Spearheaded the preparation of financial disclosures, significantly contributing to Brainbees (FirstCry) DRHP filing for IPO readiness.

Directed the financial closure for 7 legal entities, overseeing quarterly Balance Sheet reviews and ensuring timely statutory audit completions.

Designed and implemented a Process Risk Control Matrix (RCM) across all group entities, collaborating with Big 4 firms for successful ICFR testing.

Evaluated multiple credit proposals from banks, enhancing working capital flexibility and optimizing financial resources for the group.

Ernst & Young (EY)
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Consultant - Business Risk Consulting

Mumbai, Maharashtra, India

Summary

Conducted internal and operational audits for large clients across diverse sectors, focusing on risk mitigation and process optimization.

Highlights

Conducted comprehensive internal audits for large listed clients with turnovers ranging from 6000 Cr to 40000 Cr across manufacturing and automotive sectors.

Led critical reviews of Capex utilization, contract manufacturing agreements, HR costs, taxation risks, and compliance frameworks to ensure regulatory adherence.

Executed detailed plant audits, identifying key improvements in procurement efficiencies, vendor negotiations, and scrap management processes.

Oswal Sunil & Company
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Article Assistant

Mumbai, Maharashtra, India

Summary

Provided extensive audit and compliance support, including IPO readiness, statutory audits, and tax preparations for diverse clients.

Highlights

Led the review of SEBI ICDR compliance and financial disclosures for Elin Electronics Ltd.'s DRHP filing, playing a key role in enabling IPO readiness.

Conducted statutory audits for listed and private entities across electronics, medical devices, and real estate sectors, ensuring compliance with Companies Act, CARO 2020, and Schedule III.

Executed impairment testing, fixed asset verification, and HR compliance reviews for listed clients, including Polymedicure Ltd.

Evaluated revenue recognition per IND AS 115, supported consolidation for real estate clients, and conducted operational audits for NSDC schemes (PMKVY, NAPS) and vendor processes.

Assisted in the preparation of tax audits (3CA/3CD) and Income Tax Returns for corporate and individual clients.

RN Marwah & Co. LLP
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Article Assistant

Mumbai, Maharashtra, India

Summary

Conducted compliance reviews and process audits, ensuring adherence to GST regulations and efficient vendor payments.

Highlights

Conducted GST compliance reviews and vendor payment process audits for Ferns & Petals Pvt. Ltd.

Education

ICAI
New Delhi, Delhi, India

CA Final (Both Groups)

Chartered Accountancy

SSLT Gujarat Senior Secondary School
Gujarat, Gujarat, India

Class XII

General Studies

New Sandhya Public Secondary School
Gujarat, Gujarat, India

Class X

General Studies

Languages

Hindi
English

Skills

Financial Planning

Financial Planning.

MIS & Consolidation

MIS & Consolidation.

Controllership

Controllership.

DRHP & IPO Processes

DRHP & IPO Processes.

IND AS

IND AS.

Audit Leadership

Audit Leadership.

SAP

SAP.

Zoho

Zoho.

Financial Modeling

Financial Modeling.

Process & Controls Design

Process & Controls Design.

Governance & Compliance

Governance & Compliance.

Stakeholder Management

Stakeholder Management.

Tally ERP 9

Tally ERP 9.

MS Office

MS Office.

Audit Tools

Audit Tools.

Investor Relations

Investor Relations.

Fundraising

Fundraising.

Strategic Finance

Strategic Finance.

Ashutosh Kumar