Ashish Modak Email and Phone Number
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Experienced chief financial officer with a demonstrated history of working in the consumer goods industry. Skilled in Business Planning, Management Information Systems (MIS), Auditing, Finance, and Financial Analysis.
Seedworks International Ltd.(Formerly Seedworks International Pvt. Ltd.)
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Chief Financial OfficerSeedworks International Ltd.(Formerly Seedworks International Pvt. Ltd.)Hyderabad, In -
Chief Financial OfficerSb Constantia Apr 2024 - PresentMumbai, Maharashtra, India
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Finance Lead - InternationalMahyco May 2019 - Mar 2024Mumbai, Maharashtra, India Part of Global Leadership Team responsible for scaling up the international business Identify, assess and partner in acquisition opportunities. Raising the Growth Funding for the International Business at a group and operatingsubsidiary level Business Partnering to formulate strategy & achieve the strategic business objectives Set up of the International Finance Organization Structure and the local finance structurein operating subsidiaries 8+ subsidiaries in Africa and South East Asia Set up of the Corporate Governance, Taxation and Statutory Compliance framework forInternational Business Leading the financial and internal control framework for the International Business Set up of the International Treasury and cash flow management for effective cashutilization across subsidiaries Capital allocation and investment planning across subsidiaries Setting performance standards, monitoring and competency development for theInternational Business as well as business and finance teams ERP Implementation across international geographies Shareholder and Board Management -
Cfo - Middle East & North AfricaMarico Limited Jul 2016 - Apr 2019Cairo, Egypt Responsible for the entire Finance, Commercial & IT functions for the region Key Member of the Leadership team responsible for designing the long term and short term strategy for MENA business Partnering with the business head to achieve the strategic business objectives Evaluate New Investment Opportunities fitting the strategic goals Financial Evaluation of new products launch and post implementation review Monitoring and evaluating business systems and process for efficiency and effectiveness Leading the governance, risk management and compliance agenda for the business Leading the IT transformation agenda Managing Regulatory Complexities - Transfer Pricing, Cross Country Taxation Creation of tax efficient entity structures and business models Commercial interaction with Business Stakeholders Financial management, reporting and controls Capital expenditure and investment management -
Chief Financial Officer - Asian Paints EgyptAsian Paints Sep 2014 - Jun 2016Egypt Key Member of the Management Council responsible designing the strategy of the company Responsible for development and leadership of the entire finance function Responsible for day to day operations of the accounting, finance, treasury and taxation functions Heading the IT department with the key objective of adopting and implementing IT tools for accelerated analytical reporting to support decision making Laying policies and procedures for better financial reporting and controls Set up and control of the financial and operational plans of the company Drive Automation to build efficiencies and reduce costs Assessment and valuation of target companies fitting the inorganic growth strategy of the company -
Sr. Manager - Finance (International Business)Asian Paints Feb 2011 - Aug 2014Mumbai Area, IndiaOversee the financial & operating performance of the 16 International subsidiariesAnnual Operating planning, budgeting and consolidation of the entire International Business UnitEvaluation and control of capex proposals across subsidiariesReview & implementation of internal controls across subsidiariesTraining the subsidiary finance controllers on Finance & IT (ERP Navision)Cash flow planning at the international group levelDetermination of transfer pricing between India and International SubsidiariesController of the International Group Policies & ProceduresFinancial evaluation of expansions, mergers and acquisitionsReviewing cost effective business models for the individual subsidiaries & groupValuation of international subsidiaries and impairment analysis for foreign subsidiaries. -
Sr. Manager - Corporate AccountsAsian Paints Apr 2010 - Jan 2011Mumbai Area, IndiaImplementation IBM Cognos Controller 8.5.1 (Consolidation S/W) across Asian Paints groupHeaded the IFRS implementation team for Asian Paints India Operations and Subsidiaries -
Manager - Corporate AccountsAsian Paints Limited Apr 2006 - Mar 2010Mumbai Area, IndiaKey Responsibilities:IGAAP Group consolidation and statutory auditsPreparation of presentation on group performance for the Audit Committee and the BoardIFRS Group Accounts for Asian Paints International Ltd., Mauritius spanning 26 subsidiaries in 21 countries.Overseeing Company level Fixed Assets Accounting and PoliciesCustomer AccountingFull fledged accounting for subsidiairy companiesCost Records u/s 233B of the Companies Act, 1956Review of transactions and commercials for charge backs to JVs & subsidiaires -
Manager Corporate AuditAsian Paints Jan 2004 - Mar 2006Mumbai, Maharashtra, India- Responsible for Audit of 6 Manufacturing and 90+ Sales Locations, this includes : Planning and scheduling audits. Effective Work Allocation among subordinates and supervising the audit, finalization of audit reports and follow up on audits. Appointment and scheduling audits for External Auditors and Coordinating with them and ensuring smooth conduct of audit. Preparation of Annual Budgets relating to plants/sales depots and consolidation of budgets for Audit function as a whole. Bringing in standardization in area of coverage and MIS to detect outliers Designing procedures as well as training manual for the department. Introduction and implementation of softwares aiding audit. Risk Mapping on various operational processes
Ashish Modak Skills
Ashish Modak Education Details
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First Attempt All Through Foundation, Inter & Final -
Rank 9Th In Mumbai University
Frequently Asked Questions about Ashish Modak
What company does Ashish Modak work for?
Ashish Modak works for Seedworks International Ltd.(Formerly Seedworks International Pvt. Ltd.)
What is Ashish Modak's role at the current company?
Ashish Modak's current role is Chief Financial Officer.
What is Ashish Modak's email address?
Ashish Modak's email address is as****@****nts.com
What schools did Ashish Modak attend?
Ashish Modak attended The Institute Of Chartered Accountants Of India, University Of Mumbai.
What skills is Ashish Modak known for?
Ashish Modak has skills like Fmcg, Internal Controls, Key Account Management, Sap, Finance, Ifrs, Mis, Accounting, Corporate Finance, Internal Audit, Financial Analysis, Forecasting.
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