Ashish Raina, ACA

Experience

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  S.K.Dudha & Co - Chartered Accountants

  Jun 2001 - Sept 2005

  Job & Articled Trainee

  • Training covers practical experience of application of accounting & auditing principles & standards, corporate and individual taxation & overall financial statement understanding• Rated as star performer of the company & handled individual assignments since final year of training• Worked for corporates like A Infrastructure Ltd, Punjab National Bank, Oriental Insurance Company etc.

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  Hutchsion 3 Global Services (H3GS)

  Sept 2005 - Mar 2006

  Finance & Accounts Officer

  • Worked as an finance & accounts officer for a BPO • Finalization of financial statements, co-ordination with Internal & External Auditors- Part of the 3 Global Services corporate cricket team.

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  Olam International

  Oct 2006 - Mar 2009

  Senior Finance Manager

  The overall responsibility was to handle the country-wide financial reporting for all divisions of Olam Gabon. The major products were timber, which was exported & rice which was imported. Apart from MIS, Management Reporting & Internal Audits was one of the key areas of responsibility.• Finalization of Financial Statements: Co-ordinate with auditors for Internal and Statutory Audits, Preparation and finalization of Accounts• Performance reporting: Providing MIS to senior management like monthly profit & loss, variance analysis and other reports• Data Analytics : Producing intelligent operational data reports like product mix, country-wise product export, internal operational excellence, location-wise costing reports for the Board & presentation for board review• Exposure to ERP: Working on ERP accounting system & producing reports eg Currency cover, M2M, Risk reports Show less

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  Deloitte

  May 2009 - Sept 2011

  Senior Audit Manager

  A unique project by Deloitte & Touche in collaboration with the Auditor General to uplift the auditing standards in South Africa where a select few Chartered Accountants were chosen from India to work on projects. Audit of Govt. departments, Ministries, Municipal corporations & entities. Supervising & imparting training to the trainee accountants was one of the key result areas.Responsibility was to ensure timely & qualitative auditing with optimum cost. Auditing: • The project was for the Auditor General of South Africa. Auditing across all Govt. Ministries, Departments, Municipal Corporations in various districts involving social cost benefit analysis, performance auditing & suggesting Operational Improvements• Ensure timely delivery of high quality accurate & cost effective audit reports• As a senior manager, manage teams & ensure timely reportingCost optimization efforts:• Budgeting costs, Identifying & undertaking cost optimization opportunities• Location & client-wise audit cost reports for internal circulation based on historical & current data• Liaise with audit firms for contracted-out audits• Train local CA’s for capacity building & cost cutting Show less

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  SAGITAUR VENTURES INDIA PVT. LTD

  Mar 2012 - Apr 2014

  VP - New Business

  Karnataka Solar Park (KSP), an ambitious 200MW solar park in Karnataka.Responsibility was to sell different business models of power sales to high consumption clients in Karnataka.Marketing & Strategizing :  Getting information/database of potential customers Segregate market into different segments based on consumption & potential salesClosing the sale : Meeting heads of various organizations for plant sale/lease / power sale long term contracts Approaching the client & explaining the product. Closing the saleAchievements :  Met heads of top companies in Karnataka. Successfully sold the park to the then largest company in solar space. Show less

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  Ashish Raina & Associates – Chartered Accountants

  May 2014 - Mar 2016

  Head

  Set up my own Chartered Accountancy Firm operating predominantly in the geographies of J&K and New Delhi/Gurgaon. Our firm provides the following services: Corporate Advisory Services :• Financial Services – Preparation of Project Reports, Projections, Financial Analysis to be submitted to Banks and other Financial Institutions, Assistance in follow up with the Financial Institutions for obtaining credit facilities• Prepare reports on payment cycles, efficient debt-service coverage, supplier credit, cash flow, budgeting & variance analysis, sensitivity analysis for clients• Advising clients for strategic alliances and mergers and acquisitions• Business Valuation, financial planning and budgeting• Financial modeling work for the clients for business decision making purposes• Suggesting measures to clients for improvement in Credit Rating Auditing & Assurance :• Auditing SME clients, preparing project / viability reports for new manufacturing units• Fund raising for micro businesses / SME’s• Impart training to trainee accountantsBusiness Process Outsourcing :• Accounting Services, Payroll ProcessingPersonal Financial / Investment Advisory :• Tax planning & Investment advisory for HNI clients & selling financial products• Manage portfolios of HNI clients across different asset classes & provide buy-sell-hold insights• Specialized & niche advisory in Real estate esp. Land as an asset class for Farm Houses & Joint Development under the Delhi Masterplan-2021 Show less

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  Finsol  Financial Solutions

  Apr 2016 - Feb 2023

  Partner

  Razor sharp focus on syndicating debt and Restructuring of Existing Debt for the Large and Mid Size corporates, short term as well as long term in the forms Term Loan, Project Finance, Working Capital Finance, Corporate Loan, ECB, FCNB, LRD, LAP, O/D, ICD, CP, etc and all other form of facility required by corporates. We fulfill client’s funding needs for green field projects, brown field projects, expansions and modernization projects through conventional and non-conventional debt products. We facilitate debt for our clients at the most competitive interest rates, make strategies for interest rate optimization and provide other related advisory services. Our fee is typically a percentage of the amount syndicated. Following are the range of services or product offering under Debt Syndication: Working Capital Finance/Cash Credit/Overdraft Bills Discounting-Sales / Purchase bills discounting (Open bills/bills under LC) Working Capital Term Loan Term Loans For new plant/expansion of existing plant Corporate Loan Trade Finance Standby letter of credit (SBLC)/Letter of Comfort  Letter of Credit(Inland and import) Bank Guarantee(Inland and import) Buyers Credit/Supplier’s Credit  Pre/Post shipment Finance Packing credit limit External commercial borrowing (ECB) Preparation of project reports/CMA/Note for renewal of working capital limits Private equity ( PE )/Venture capital ( VC ) Internal credit rating/External credit rating Infrastructure/Equipment Finance Project Finance Loan against property LRD Show less

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  IResearch Services

  Apr 2023 - now

  Consulting Project Manager

  Investment research for IB, AMC, PE, VC including Profiling, Sector research, Financial modelling, Target buyer screening & Portfolio monitoring. Currently working with BCG Expand on developing a ‘Universal Market Data Catalog’ covering more than 95% of the Data Vendor universe. (https://tinyurl.com/2d4frxmx)