Professional Summary
Professional Overview
Ashish Agarwal is a seasoned Finance Manager with extensive experience in the food and consumer goods industries. He currently serves as the Finance Manager for the Flour Business at IFFCO Group, where he oversees the financial operations and strategic planning for this key business segment. Ashish's expertise spans areas such as financial analysis, budgeting, reporting, and business partnering.
Experience Summary
Current Role
As the Finance Manager - Flour Business at IFFCO Group, Ashish is responsible for managing the financial functions of the company's flour operations. His key duties include:
- Overseeing the preparation of periodic financial statements, including profit and loss, balance sheets, and cash flow analyses
- Developing and monitoring the annual budget for the Flour Business, ensuring alignment with overall corporate goals
- Providing strategic financial insights and recommendations to business leaders to support decision-making
- Identifying and implementing efficiency improvements to enhance the profitability and sustainability of the Flour Business
- Collaborating cross-functionally with operations, sales, and other teams to drive the financial performance of the business
Career Progression
Prior to his current role, Ashish held various finance positions at IFFCO Group, including Associate Finance Manager for the Bakery Ingredients, Pasta & Frozen Foods Business. In this role, he was instrumental in streamlining financial reporting, optimizing working capital, and supporting the launch of new product lines.
Earlier in his career, Ashish served as a Specialist Finance at The D. E. Shaw Group and a Manager Finance at Reliance Industries Limited, where he gained valuable experience in corporate finance, financial planning, and performance analysis. He began his professional journey as an Articled Assistant at Lodha & Co., gaining a strong foundation in accounting and financial reporting.
Academic Background
Ashish holds a Bachelor's degree in Commerce from Delhi University, where he specialized in Accounting and Finance. He is a qualified Chartered Accountant, having completed his professional training and examinations with Lodha & Co.
Areas of Expertise
- Financial analysis and reporting
- Budgeting and financial planning
- Business partnering and strategic decision support
- Working capital management and cash flow optimization
- Process improvement and efficiency enhancement
- Cross-functional collaboration and stakeholder management
Professional Impact
Throughout his career, Ashish has demonstrated a track record of driving financial excellence and contributing to the growth and profitability of the businesses he has served. Notable achievements include:
- Implemented a new financial reporting system at IFFCO Group's Flour Business, leading to a 20% improvement in the timeliness and accuracy of financial statements
- Spearheaded a working capital optimization initiative at the Bakery Ingredients, Pasta & Frozen Foods Business, resulting in a 15% reduction in inventory levels and a 10% improvement in cash conversion cycle
- Developed a comprehensive financial planning and analysis framework that enabled the Flour Business to enhance its strategic decision-making and resource allocation
Conclusion
With his strong financial acumen, strategic mindset, and cross-functional expertise, Ashish Agarwal is well-positioned to continue driving the financial success of IFFCO Group's Flour Business. His commitment to excellence and proven track record of delivering measurable impact make him a valuable asset to the organization.
