Ashish Modi, General Manager Finance

Ashish Modi

General Manager Finance

VFS Global

Location
Saudi Arabia - Riyadh
Education
Doctorate, Finance And Auditing
Experience
14 years, 10 Months

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Work Experience

Total years of experience :14 years, 10 Months

General Manager Finance at VFS Global
  • Saudi Arabia - Riyadh
  • My current job since October 2019

The company manages visa and passport issuance-related administrative and non-discretionary tasks for its client governments and diplomatic missions
worldwide

Profile: Lead Finance for KSA and Bahrain.
Commercial and Operations Management
? Managing accounting records, evaluating and managing risk, ensuring compliance with statutory laws, financial regulations and accounting standards
? Reviewing complex financial data to assess prevalent financial and economic environment, identify business risks and implement effective mechanisms to mitigate the same.
? Interpreting financial data to facilitate strategic financial growth of the organization and executing the financial strategy of the company,
? Publishing financial statements, Financial Analysis, Budgeting and Forecasting, cash flow projections including Capex plan, overseeing accounting operations
? Budget v/s Actual Expenses variance report with cost center allocation and analysis of the same for management monitoring expenditure
? Implementing Cost control and Cost reduction initiatives coordinating with of all supporting/enabling departments and reporting their performance
? Enhancing, setting up and implementing financial practices, processes, procedures and systems of Accounts and Finance Function
? Entailing mapping business processes, and studying workflow to design solutions, ensuring high profitability and competitive advantage
? Evaluating and Implementing automated as well as manual systems processes, assessing gaps, vulnerability and analyzing financial statement.
? Liaison with auditors and taking lead in finalization of audits, like Statutory Audit, Internal Audit, ICS
? Formulating sound financial strategies with exceptional numerical proficiency in maintaining positive revenue and financial growth to achieve organizational targets
? Liaise with other departments to provide the Management with data driven insights on profitable business areas and make informed decisions
? Mentoring, training, and retaining a diverse team; delegate and manage day-today work allocations & operations

Commercial Director at GroupM
  • India - Mumbai
  • December 2013 to October 2019

GroupM is a specialized Media Agency deals into Media Investment
Management, Strategic Planning, Buying, operations and providing Consultancy
allied Services into media operation.
Commercial and Operations Management
? Managing accounting records, evaluating and managing risk, ensuring
compliance with statutory laws, financial regulations and accounting standards
? Reviewing complex financial data to assess prevalent financial and economic
environment, identify business risks and implement effective mechanisms to
mitigate the same.
? Publishing financial statements, Financial Analysis, Budgeting and
Forecasting, cash flow projections including Capex plan, overseeing accounting
operations
? Budget v/s Actual Expenses variance report with cost center allocation and
analysis of the same for management monitoring expenditure
? Evaluating and Implementing automated as well as manual systems
processes, assessing gaps, vulnerability and analyzing financial statement.
? Liaise with other departments to provide the Management with data driven
insights on profitable business areas and make informed decisions
? Mentoring, training, and retaining a diverse team; delegate and manage day-today
work allocations & operations

Senior 3 at KPMG
  • India - Mumbai
  • August 2009 to November 2013

Management Assurance Services
 Examining, evaluating, reporting & recommending improvements on the adequacy and effectiveness of risk management
processes.
 Presenting a true and fair view of the financial position by ensuring preparation and presentation of the financial
statements in compliance with statutory accounting standards.
 Conducting statutory and tax audits / limited reviews and evaluating internal control systems and procedures to highlight
the shortcomings and propose recommendations.
 Planning the audit assignment, evaluation of controls, fraud and risk assessment procedures and drawing up audit
programs.

Education

Doctorate, Finance And Auditing
  • at Institute of Chartered Accountants of India
  • November 2008

Awarded Scholarship from Reliance Foundation for 3 years

Bachelor's degree, Accounting and Finance
  • at Mumbai University
  • March 2006

Bachelor's Degree in Commerce with field of Study in Accounting, Finance, Tax and Audit

Specialties & Skills

Financial Advisory
Financial Planning and Analysis
Commercial Operations
Finance
Accounting
Management Assurance, Financial Data Analysis, Auditing and Business Advisory services
Finance and Commercial Operations

Languages

English
Expert

Memberships

Institute of Chartered Accountants of India
  • Associate Member
  • November 2008

Hobbies

  • Travelling