Akash Jhaveri
Avery Dennison India Private Limited
Bangalore
15
Years of experience
3
Languages
Work History
Head of Finance, India
6 Years 3 Months- Providing end-to-end ownership of P&L performance for India operations, ensuring alignment with strategic business plans, profitability targets, & long-term value creation objectives.
- Leading the FP&A function across business planning, rolling forecasts, monthly financial closes, performance dashboards, and executive management reviews, with strong focus on margin analysis, variance drivers, and profitability levers.
- Transforming FP&A and financial governance processes through ERP-led modernization, enabling robust budgeting, forecasting, cost controls, and revenue management to enhance financial predictability and decision-making.
- Overseeing Accounts Payable and Accounts Receivable operations, optimizing working capital, cash flow, and liquidity management.
- Directing treasury operations, including cash flow planning, strategic hedging, and close collaboration with banks and corporate treasury teams.
- Managing direct, indirect taxation to ensure compliance, risk mitigation, and financial efficiency.
- Leading high-impact strategic initiatives and cross-functional transformation projects, including freight optimization, quality cost reduction, and scrap reduction.
- Partnering with commercial teams to support top-line growth, performing white-space analysis, market opportunity identification, and advanced analytics using Power BI dashboards.
- Driving continuous improvement across operations, supply chain, commercial, finance, customer service, and pricing functions to deliver sustainable revenue growth, margin improvement, and cost savings.
- Overseeing capital expenditure governance, including CAPEX planning, investment evaluation, costing, and pricing reviews to optimize asset utilization and profitability.
- Championing internal control frameworks, leading internal, statutory, and balance sheet audits, ensuring robust compliance and governance.
- Leading annual budgeting cycles (CAPEX & OPEX) and managing end-to-end accounting processes for accuracy
National Manager - Financial Shared Services
2 Years 6 Months- Developed and delivered Management Information System (MIS) reporting, including detailed cost performance reviews and sensitivity modeling, to enable informed leadership decisions and performance evaluation.
- Oversaw monitoring and analytical review of commodity hedging positions, strengthening risk mitigation strategies and supporting improved financial outcomes.
- Directed annual commodity-focused business simulations, assessing market movements, pricing volatility, and scenario impacts to guide strategic planning.
- Executed strategic planning simulations for commodity portfolios, aligning business plans with evolving market conditions and growth opportunities.
- Designed and managed a comprehensive spend analytics dashboard, enabling visibility, control, and optimization of expenditures across multiple cost categories.
- Partnered with the packaging and sourcing teams to support the RFQ process, delivering analytical inputs and comparative evaluations to support data-driven procurement decisions.
- Performed in-depth financial reviews of contracts, payment structures, travel and entertainment expenses, and repair and maintenance costs, identifying savings opportunities and improving cost governance.
- Provided analytical rationale to identify, develop and implement activities within allocated account base.
Commercial Manager
6 Years 6 Months- Managed end-to-end commercial and financial operations, including pricing strategy, discount governance, distributor onboarding, and credit risk monitoring.
- Conducted audits and performance reviews across distributors and market outlets, ensuring compliance, operational integrity, and value chain profitability.
- Led financial planning, reporting, and governance, including annual operating plans, marketing budget oversight, and coordination with internal and statutory auditors.
- (Gujarat, Rajasthan, Madhya Pradesh)
- Used key metrics and prepared reports for senior management to monitor performance of commercial activities.
Education
CA
CS
BBA
- Awarded Best Student of the Year during TYBBA (2004) by H.L. College.
- Achieved 5th Rank in TYBBA under Gujarat University.
Skills
Strategic Financial Leadership & Governance
Enterprise P&L Ownership
Advanced Financial Planning & Analysis (FP&A)
Cost Optimization & Operational Efficiency
Treasury
Cash Flow & Working Capital Management
Procurement
Vendor & Contract Management
Cross-Functional Leadership & Team Development
Process Transformation
Automation & Digital Enablement
Risk Management
Compliance & Regulatory Oversight
MS Office
SAP
MFG Pro
Oracle
Windows
Power Bi & Dashboards
Accomplishments
- Recognized for continuous margin improvement and profitability enhancement by senior leadership.
- Multiple leadership awards for successful Oracle MM model implementation, ensuring smooth system transition and operational excellence.
- Awarded Best Student of the Year during TYBBA (2004) by H.L. College.
- Secured All-India Rank 50 in the CA Final Examination.
- Achieved 5th Rank in TYBBA under Gujarat University.
Languages
English
Hindi
Gujarati
Summary - Profile Summary
A goal-oriented professional with over 18 years in the finance sector, focusing on areas such as financial reporting, taxation, auditing, and compliance. Excellent delivery in managing all financial operations, budget preparation, financial audits, legal matters, preparing financial arrangements & liaising with banks for financial requirements. Pioneered broader cost optimization initiatives, achieving USD 5 million in sustainable savings through strategic interventions in pricing, discounting, RTV, GRN, & material issue processes. Contributed to revenue growth, expanding from USD 40 million to nearly USD 70 million over 5 years through strategic finance support and analytics-led decision-making. Steered Avery Dennison India Private Limited to a landmark milestone by sustaining consistent double-digit EBIT performance since 2021. Growth Facilitator with impressive success in setting the vision, direction & strategic plan for developing business, driving sales and amplifying business margin through long-term planning. Build broader and deeper relationships with stakeholders; openly promoted a winning attitude while exceeding performance expectations. Understanding of diverse international markets as well as different models of business with expertise in mapping market trends to provide critical inputs for business operations initiatives and formulation of strategic & tactical strategies. Strengthened organizational financial health by providing forward-looking projections, overseeing accounting, growth strategies, leading high-performing finance & operational teams.
Number Of Dependents
3
Training
- Mentorship Training
- Leadership Training
Timeline
Head of Finance, India
Avery Dennison India Private Limited
06.2020 - CurrentRead More
National Manager - Financial Shared Services
The Coca-Cola Company Ltd.
11.2017 - 05.2020Read More
Commercial Manager
Hindustan Coca-Cola Beverages Pvt. Ltd.
04.2011 - 10.2017Read More
ICAI
CA
Read More
ICSI
CS
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Gujarat University
BBA
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