Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
Ashish Gurav

Ashish Gurav

Accounts & Finance role
Mumbai

Summary

Accounts & Finance professional with 23 years of comprehensive experience in financial management, accounting, reporting, and regulatory compliance.

Proven ability to lead end-to-end finance functions, ensuring accuracy, transparency, and adherence to statutory requirements .

Ability to Lead, streamlining processes.

Well-organized , proactive and adaptable to changing markets.

Overview

26
26
years of professional experience
1
1
Certification
3
3
Languages

Work History

Head of Finance

Lilavati Foundation
08.2023 - Current
  • Group Companies Accounting: Manage end-to-end accounting functions for multiple group entities, ensuring uniformity, accuracy, and compliance across all accounts.
  • Financial Statements & Reporting: Prepare and maintain financial statements in adherence to applicable accounting standards and statutory requirements.
  • MIS Reporting: Generate and analyze detailed MIS reports to provide actionable insights and support strategic decision-making by senior management.
  • Receivables Management: Monitor accounts receivable, follow up on outstanding dues, and collaborate with cross-functional teams to ensure timely collections.
  • Accounts Payable & Compliance: Oversee processing of vendor payments and ensure strict adherence to internal controls, policies, and statutory compliance.
  • Payroll & TDS Compliance: Maintain monthly payroll records, calculate employee TDS, and manage documentation of investment declarations for accurate tax deductions.
  • Statutory Compliance: Ensure timely and error-free filing of GSTR-1, TDS returns, and other applicable statutory reports in coordination with the company’s CA.
  • Bookkeeping & Financial Accuracy: Ensure the books of accounts are maintained accurately and updated regularly in accordance with accounting best practices.
  • Cross-Functional Coordination: Work closely with sales and operations teams to streamline invoicing, billing accuracy, and enhance the efficiency of receivable cycles.
  • Team Leadership: Supervise, train, and mentor team members, monitor task execution, and provide support to ensure high performance and accountability.

Finance Manager

BERKMANN WINE CELLARS INDIA PVT.LTD
10.2013 - 07.2023

Oversaw pan-India accounting operations, including Accounts Receivable (AR), Accounts Payable (AP), MIS reporting, costing, and statutory compliance (e.g., VAT assessments).

Maintained accurate and compliant books of accounts in accordance with internal policies and regulatory standards.

Ensured timely invoicing and revenue recognition with strict documentation protocols before dispatch to distributors.

Prepared daily fund availability reports to efficiently manage operational and day-to-day business expenses.

Managed stock reconciliations at bonded warehouses and distributor locations, ensuring proper storage conditions (e.g., temperature control for sensitive inventory like bottled goods).

Collaborated with the Marketing team for MRP setup, annual budgeting, sales target planning, and pricing strategies.

Conducted profitability analyses to ensure competitive pricing across the product portfolio.

Partnered directly with the Marketing Director to support product costing, margin analysis, budgeting, and pricing decisions.

Ensured timely reconciliation of distributor accounts and regularly obtained balance confirmations.

Verified, approved, and accounted for all credit notes, ensuring adherence to company policy.

Conducted weekly petty cash verifications and reviewed supporting vouchers for accuracy.

Led month-end stock verifications at bonded warehouses and promptly reported discrepancies to senior management.

Reviewed and reported weekly outstanding payables and receivables, providing detailed commentary for leadership decision-making.

Coordinated closely with the Finance Director/GM Finance to track collections and manage overdue receivables.

Generated monthly management reports, including Target vs. Achievement, Actual vs. Budgeted Sales, and Overdue Statements.

Conducted retail store audits to ensure accurate stock levels and prevent artificial inflation of sales targets.

Ensured VAT collected from distributors was reconciled accurately and complied with applicable tax regulations.

Maintained strong banking relationships to support treasury and cash flow management activities.

Collaborated with the company’s Chartered Accountant to ensure adherence to all statutory compliance requirements.

Ensured timely and accurate filing of GST, VAT, and TDS returns as per regulatory deadlines.

Developed and delivered customized MIS reports aligned with management’s strategic and operational needs.

Assistant Manager Credit Control

Sodexo Food Solution India Pvt.ltd
06.2011 - 08.2013
  • Handled major PAN India accounts, including Wipro, Dr. Reddy’s, Alcatel, Schneider, Honeywell, HSBC Bank, TCS, L&T, Essar, Aditya Birla, and Cipla, ensuring high service standards and financial accuracy.
  • Ensured timely reconciliation of key customer accounts on a quarterly and annual basis, maintaining transparency and resolving discrepancies proactively.
  • Oversaw timely invoice generation and submission, ensuring all supporting documents were attached as per client-specific SOPs.
  • Facilitated strong coordination between operations and accounts teams to streamline billing, collections, and issue resolution processes.
  • Maintained and regularly updated a systematic chasing record and calling tracker as per SOP for effective follow-ups and receivable management.
  • Coordinated daily/weekly with Regional Finance Managers to update trackers for invoice submissions, address legacy issues, and ensure prompt follow-up actions.
  • Liaised with divisional heads to obtain payment forecasts and align them with monthly collection targets set by senior management.
  • Monitored client contract lifecycles and proactively alerted Regional Finance Managers and Operations Managers regarding contract renewals to avoid service disruptions.

Credit Control Executive

Jotun India Pvt.Ltd.
10.2009 - 06.2011
  • Entered daily collections into the ERP system accurately, ensuring real-time financial data updates.
  • Managed the Essar Group (Gujarat) account, overseeing invoicing, collections, and reconciliation activities.
  • Coordinated with the sales team for joint visits to client locations when necessary to resolve payment or account issues.
  • Shared weekly outstanding reports with the respective sales personnel to enhance visibility and expedite collections.
  • Maintained detailed records of all chasing and follow-up activities, aligned with SOPs and audit requirements.
  • Collaborated with the sales team to identify and allocate unidentified credits reflected in the bank statement.
  • Prepared daily collection reports for internal tracking and submission to management.
  • Performed regular reconciliation of customer accounts and corresponding bank transactions to ensure accuracy and timely resolution of discrepancies.

Credit Control Officer

Indoco Remedies Ltd
09.2006 - 09.2009

Credit Control Officer – Key Responsibilities:

  • Independently managed depot operations and debtor accounts, with control over sales dumping and stock verification at distributor level.
  • Oversaw collections and outstanding receivables for Mumbai, Pune, Indore, and Bangalore regions, ensuring timely follow-ups and resolution of payment issues.
  • Conducted on-site visits to regional warehouses during month-end closing to prevent fraudulent sales activities.
  • Ensured strong coordination between sales teams and distributors to maintain integrity in billing and dispatch processes.
  • Maintained and regularly updated the debtor ageing report, and implemented a structured and timely chasing process for overdue payments.
  • Conducted retail store visits to verify that excess goods were not being pushed to meet sales targets.
  • Collaborated with the Credit Control Manager to set collection and overdue recovery targets in line with company goals.
  • Escalated critical issues to senior management related to distributor performance or unresolved sales team matters.
  • Built and maintained strong relationships with distributors through periodic visits and proactive engagement.
  • Conducted quarterly stock reconciliations at depot level and ensured consistency with reported figures.
  • Periodically reconciled party accounts, maintaining accuracy in receivables and credit balances across regions.

Officer

Khandelwal Laboratories Pvt. Ltd.
12.2004 - 09.2006

Accounts Officer – Key Responsibilities:

  • Managed sundry debtor accounts, including collections, outstanding receivables, and issuance of credit notes.
  • Generated daily reports on collections vs. outstanding dues and shared updates with the Marketing and Finance departments.
  • Performed regular bank account reconciliations to ensure accurate financial records.
  • Recorded daily collection entries in Tally ERP, maintaining up-to-date financial data in the system.
  • Provided accurate and timely outstanding reports to the Marketing team to support collection efforts and sales alignment.
  • Conducted stock reconciliation with Carrying & Forwarding Agents (CSA) to ensure consistency between physical and recorded stock.
  • Reported directly to the Director and Vice President – Finance & Marketing, offering key insights on outstanding balances and daily collection status.

Accountant

Alcopp Conductors Pvt,Ltd.
12.1998 - 11.2004

Accountant – Key Responsibilities:

  • Collaborated directly with the Director to manage billing, collections, and monitoring of outstanding receivables.
  • Recorded daily collection entries in Tally 7.2, ensuring accurate and up-to-date financial data.
  • Conducted regular reconciliation of bank accounts to maintain accuracy in financial reporting.
  • Generated and shared outstanding reports with the Marketing Department to support follow-up and collections efforts.

Education

M.Com ( Master of Comm.),B.Com (Bachelor of Comm.) - Accounts & Finance

Mumbai University
Mumbai
04.2001 -

Skills

Financial reporting mastery

undefined

Certification

Master Diploma in Computer Science from Data Pro Information Technology

Timeline

Head of Finance

Lilavati Foundation
08.2023 - Current

Finance Manager

BERKMANN WINE CELLARS INDIA PVT.LTD
10.2013 - 07.2023

Assistant Manager Credit Control

Sodexo Food Solution India Pvt.ltd
06.2011 - 08.2013

Credit Control Executive

Jotun India Pvt.Ltd.
10.2009 - 06.2011

Credit Control Officer

Indoco Remedies Ltd
09.2006 - 09.2009

Officer

Khandelwal Laboratories Pvt. Ltd.
12.2004 - 09.2006

M.Com ( Master of Comm.),B.Com (Bachelor of Comm.) - Accounts & Finance

Mumbai University
04.2001 -

Accountant

Alcopp Conductors Pvt,Ltd.
12.1998 - 11.2004
Ashish GuravAccounts & Finance role