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Tarunkumar Acharya, Chief Financial Officer (CFO)

Tarunkumar Acharya

Chief Financial Officer (CFO)·BVOEL

India

Master's degree, Accounting And Audit

Work experience

Total years of experience: 21 years, 4 months

Chief Financial Officer (CFO)

December 2024 - Present

BVOEL

Ahmedabad, India

December 2024 - Present

• Own end-to-end finance: monthly close (SFS/CFS support), MIS/Board reporting, statutory/tax compliance calendar and
audit readiness; lead 40+ member finance & cross-functional teams across locations with maker-checker discipline.
• Drive treasury and working capital governance through a rolling 13‑week cash flow; strengthen receivables cadence, vendor
prioritisation and inventory controls.
• Partner with Tendering/BD teams: bid costing/pricing inputs, margin visibility, approval workflows and bid documentation
readiness.
• Manage EMD & PBG readiness via insurance-bond negotiations: coordinate with insurers/brokers for bonds/guarantees,
documentation and timely issuance.
• Own AOP/budgeting and performance tracking for consolidated order book of INR 2, 000+ Cr (multi-location), including
project/service-line profitability dashboards.
• Multi-product budgeting, investment deployment support, cost management, working capital governance, and strategic
planning for business growth and new market expansion.

Company industry:
Oil & Gas

Finance Controller & Board Secretary

April 2022 - July 2026

[The National Detergent Co.] SAOG,

Muscat, Oman

April 2022 - July 2026

• Led controllership, treasury and audit coordination; primary finance interface for Board, auditors and regulators; delivered
robust month-end packs.
• Led Oman VAT and Corporate Tax coordination; improved reporting cadence and cash governance for leadership decisions.
• Steered FP&A and strategic decision support in an FMCG / multi-product manufacturing environment: cost models, product
profitability analytics, cash discipline.

Company industry:
FMCG
Job role:
Accounting and Auditing

Virtual CFO / Finance Transformation Consultant

August 2023 - November 2024

Client (Nigeria operations with UAE branch)

Ahmedabad, India Remote

August 2023 - November 2024

• Ran liquidity planning and 13‑week cash flow; improved collections discipline and working capital governance across units.
• Optimised banking facilities (OD/BG/LC) and strengthened documentation/controls for trade and payment approvals;
coordinated Nigeria & UAE VAT/CT compliance support.
• Supported growth initiatives including coordination for ~US$30m debt financing (stakeholder management).

Company industry:
FMCG

Head of Finance & Accounts

December 2019 - January 2022

[Elsamex Maintenance Services Ltd.]

Gandhinagar, India

December 2019 - January 2022

• Led AOP, budgeting and management reporting for engineering/project operations; improved variance controls and decision
speed.
• Built Procure-to-Pay controls and approvals; strengthened cash planning and vendor governance.
• Conducted forensic reviews; identified fraud (~US$0.5m) and implemented corrective controls.

Company industry:
Accounting

Manager – Accounts

April 2010 - November 2019

[GTPL Hathway Limited]

Ahmedabad, India

April 2010 - November 2019

• Multi-product budgeting, investment deployment support, cost management, working capital governance, and strategic
planning for business growth and new market expansion.
• Oversaw audit, reporting and consolidation across large group structures (30+ subsidiaries and 70+ JVs); ensured robust
SFS/CFS governance.
• Supported pre- and post-IPO processes (~US$58m+) including due diligence support, valuation inputs and stakeholder
coordination.
• Designed MIS and Board reporting packs; strengthened controls, compliance and risk management across multi-entity
operations.
• Drove GST implementation readiness: trainings across branches/JVs/subsidiaries, reconciliations and audit/assessment
support; strengthened invoicing SOPs and documentation hygiene.

Company industry:
Entertainment
Job role:
Accounting and Auditing

Manager - Finance & Accounts

February 2005 - March 2010

Siddhi Margarine Specialities Limited

Ahmedabad, India

February 2005 - March 2010

Company industry:
FMCG
Job role:
Manufacturing

Education

Institute of Chartered Accountants of India

May 2006

May 2006

Master's degree, Accounting And Audit

India

Gujarat University

July 1999

July 1999

Bachelor's degree, Accounting

India

Skills

ACCOUNTING

Intermediate

COMPOSITE MATERIALS

Intermediate

CORPORATE FINANCE

Intermediate

FAST MOVING CONSUMER GOODS

Intermediate

FINANCE

Intermediate

FINANCIAL ANALYSIS

Intermediate

GNU COMPILER COLLECTION

Intermediate

GOVERNANCE

Intermediate

INITIAL PUBLIC OFFERING

Intermediate

LEADERSHIP

Intermediate

Training and Certifications

Certifications
Artificial Intelligence
ICAI
May 2025
Chartered Accountant (CA)

Hobbies and interests

Yoga