Aakash Modi Email and Phone Number
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- 20+ years of Commercial Finance experience covering Performance management, Strategy formulation, business Risk mitigation including Sanctions and Cyber crime, Contract negotiations, Receivables & Payables management, Trading, Manufacturing, Global Commercial businesses, & JV in multinational Oil companies (Shell ~17yrs, HPCL ~3 yrs)- 12 years of experience in leading large/diverse offshore & onshore teams with top quartile people survey results, delivered Global projects with tighter timelines like migration of Legacy systems to SAP, business integration /setting up of new business portfolios etc- Excellent performance track record in delivering bottom line through commercial mindset, process improvements, automation & strong business partnerships.
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Finance Manager - Corporate Strategy, Portfolio And Planning (Global)ShellBengaluru, Ka, In -
Global Finance Manager - Corporate Strategy & PlanningShell Apr 2023 - PresentBengaluru, Karnataka, IndiaResponsible to work on 2 critical verticals at Shell group level i.e. Corporate Strategy & Portfolio and Group Planning & Appraisal. It includes analysis for CEO/CFO, Executive Committee and Board of Directors.The role requires along with the team of 6 to lead/support Group in framing Strategic risks, optimizing portfolios through right capital allocations to different businesses, and turn strategies into achievable short to medium term (10yrs) business wise plans. Also to support Investor relations activities through team e.g. on quarterly results / strategy announcements, competitors analysis etc. As head of Strategy & Planning activities in India, lead building a community of practices in close coordination with country based functional/business leads. This role requires to work extensively with internal business consultants, different businesses performance management teams, & senior most executives within the company based across the globe. -
Finance Operations Manager - Oil And Gas TradingShell Jul 2018 - May 2023Chennai, Tamil Nadu, IndiaGlobal Shell Trading portfolio comprises of crude oil, refined products, natural gas, power, and freight trading based in the UK, US, Canada, Singapore, The Netherlands, Japan, Barbados, United Arab Emirates. My role requires management of Trading Settlement & Accounting activities for World outside North America through a large team of ~85 members based in India and Poland. The scope covers ~$1.5bln payments/receipts per day, managing Global Trading Compliance risk including Sanctions & Cyber Crimes.This role requires to work closely with lots of senior stakeholders including senior-most leadership of company, located in various locations around the world. Major Achievements:1. Delivered working capital saving by $100mln/month through Credit/Receivables management;2. Significantly improved 1st time - on time Closing activities delivery with Overtime reduction through Process improvements & stakeholders engagements;3. Created a Crude & Products TSA organization linked with Business structure & its goals;4. Significantly reduce businesses risk on Sanctions & related compliance matter;5. Created a firewall of people to mitigate Cyber crime linked deals; -
Commercial Lead, Bukom RefineryShell Eastern Petroleum Pte Ltd Jun 2014 - Jun 2018SingaporeBukom Refinery is one of the largest & complex Manufacturing sites in Royal Dutch Shell portfolio with over USD 500mln of Opex spending annually.My role as the Opex Lead is like a mini-CFO on site. The role has full accountability of the cost management process to ensure thorough cost challenge & controls, transparent cost reporting, Budgeting, Benchmarking with Competitors & value adding contract management activities. Major Achievementsa) Lead cross functional teams to claw back/stop cash losses to the extent of USD 5 mln p.a in JV & 3rd party contracts;b) Improve competitive cash position of Refinery by improving Refinery Budgeting process & holding challenging discussions at all levels of leadership;c) Drive tighter controls & process improvements through Ways of Working projects between Onshore & Offshore Teams;c) Automation of advanced reporting requirements of leadership in multiple currencies, making decision making easier with less efforts -
Country Credit Head - India & SrilankaShell India Markets Pvt Ltd Jan 2010 - May 2014Gurgaon, IndiaShell India is one of the major market player in India especially in B2B segment & active in various global Commercial businesses like Lubes, Bitumen, Marine, Retail & LPG having more than 3000 industrial customers/distributors. My role as head of Credit Management team is to formulate Country level Credit Strategies to control credit risk of all business units without losing growth aspirations. Further, through a team of Onshore & Offshore based staff, manage the Credit Operations of business like Assessments, Cash Collection, Recoveries, & customer account managementMajor Achievements•Helped OTC org in India to secure 2nd position globally on CSI (customer satisfaction indexing) scoring (EVP Global Commercial award); •Reduced working capital in Lubes India COB by reducing Overdues from 32% to within 5% & in Bitumen CoB from 40% to 15%; •Lead successful migration of a complicated Downstream India legacy system to GSAP -
Financial Analyst, Supply & DistributionShell India Markets Pvt Ltd Dec 2007 - Dec 2009Bangalore, IndiaThe role required Management of fast growing Retail Fuel business Supply & Distribution Commercial activities including relationship management with owners of Terminals, oil suppliers & Transporters to ensure uninterrupted supplies to Retail stations, business planning for pan India Retail outlets supply network & overall cost & margins performance management in discussion with senior leadership. Major Achievements & Recognitions• VP award for structuring & implementing an IT based data recording & MI software (Stock purchase system) in S&D India, thereby reducing the requirement of 2 staff & monthly accounts closing time by 2 days;• VP award for leading MEA Zero based Budgeting 2010 exercise;• VP award for setting the MI framework for East Regional Supply & Distribution on credit management; -
Sr. Accounts Officer - Aviation SbuHindustan Petroleum Corporation Ltd Nov 2004 - Nov 2007Mumbai, IndiaHPCL is a Fortune 500 company with a turnover of USD 24.7 billion &, the 2nd largest refining & marketing oil company in India. I joined in their fastest growing Aviation SBU, HQO as the commercial officer looking after commercial activities of 16 Airport locations covering over 100 domestic & International Airline customers including working with Marketing teams to bid for new business contracts, Major Achievements• Pioneered the concept of Factoring arrangement in India Aviation Industry & helped in bringing a fully secured business of more than USD 200 mln p.a.;• Nominated as “Outstanding Achiever – 2006” & continuously for 3 years secured “Performing Exceeding Targets’ rating from commercial & head of Aviation SBU. -
Sr. AuditorS. Bhandari & Co. Of Chartered Accountants Jun 2004 - Oct 2004Jaipur Area, IndiaStatutory Auditor of India's largest Upstream company (ONGC) , various manufacturing businesses & Banks;Concurrent Auditor of Reserve (Central) Bank of India
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Audit TraineeS. Bhandari & Co. Of Chartered Accountants Jul 2001 - Jun 2004
Aakash Modi Skills
Aakash Modi Education Details
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Accounting And Finance -
Business Administration And Management, General -
Institute Of Cost And Works Accountants Of India - IcwaiCost Accounting -
1St Division -
1St Division
Frequently Asked Questions about Aakash Modi
What company does Aakash Modi work for?
Aakash Modi works for Shell
What is Aakash Modi's role at the current company?
Aakash Modi's current role is Finance Manager - Corporate Strategy, Portfolio and Planning (Global).
What is Aakash Modi's email address?
Aakash Modi's email address is mo****@****ail.com
What schools did Aakash Modi attend?
Aakash Modi attended The Institute Of Chartered Accountants Of India (Icai), Indian Institute Of Management, Calcutta, Institute Of Cost And Works Accountants Of India - Icwai, University Of Rajasthan, St. Xavier's School, Jaipur.
What are some of Aakash Modi's interests?
Aakash Modi has interest in Children.
What skills is Aakash Modi known for?
Aakash Modi has skills like Accounting, Auditing, Financial Reporting, Team Leadership, Team Building, Contract Management, Performanace And Appraisal Management, Credit Management, Accounts Payable And Receivable, Finance, Business Process Improvement, Project Planning.
Who are Aakash Modi's colleagues?
Aakash Modi's colleagues are Gan Tze Shen, Karthigeyan K, Debra Mulcahy, Aneta Woźniak, Hd D, Zaou M., Capt. Jonathan J. Achariam.
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Aakash Modi
Cmms Engineer L Asset Management | Sap Pm| Cmms Implementation | Power Bi Dashboard | Ppc | Erp | Supply Planning & Inventory Optimisation | Data Analysis & VisualisationPune -
Aakash Modi
Driven Programmer Analyst Trainee At Cognizant Specializing In Backend Development With Spring Boot Rest ApiNoida -
AAKASH MODI
Founder & Ceo At 15|30 Ventures | Cept & Gls Alumnus | Championing Ethics & Value In Interior Contracting And Wealth Management | ThinkerAhmedabad
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