A Ashish Agrawal
Position: Vice President Finance / Finance Department leader
Company: LG Electronics India pvt ltd
Location: Noida, Uttar Pradesh, India
Experience: 25 years exp
Cont act Inf o:
Mobile Phones: +91 98113 54004, +91 97411 24427
Works Emails:
[email protected]Personal Emails:
[email protected]Social:
Skills
Analysis Arranging Tax Subsidies from State Govt Auditing Banking Budgets Business Planning
Business Strategy Cash Flow Corporate Finance Corporate Governance Distributed Team Management
Due Diligence ERP Finance Financial Accounting Financial Audits Financial Planning
Financial Reporting Forecasting Fundraising Funds Raising Good Biz Understanding
Good leadership capability , Fast decision making IFRS Indirect Taxation Internal Controls
international financial reporting standards (ifrs) International Tax Leadership Long Term Business Planning
Management Managerial Finance Market Pricing MIS Positive Can-do Attitude Pricing
Product Pricing Profit Profit Management Statutory Accounting Strategic Financial Planning Strategy
Target Costing Tax Team Management Transfer Pricing VAT Working Capital Management
Good leadership Arranging Tax Subsidies Long Term Business Distributed Team Working Capital
Strategic Financial
Work experience
Jan 2022 - current time Vice President Finance / Finance Department leader
LG Electronics India pvt ltd
Handling team Size of 250 members with 5 Senior finance leaders reporting into
me . Direct Taxation , Indirect Taxation ,Treasury & Insurance , AR & Sale
Program ( Incl Branch operations ), Corporate Accounting Direct Taxation
International Taxation ( Including Permanent Establishment PE) , Transfer Pricing
APA (Advance Pricing agreement ) MAP ( Mutual Agreement process) Corporate
Tax / witholding tax Indirect Taxes GST / VAT / Excise / Service tax Tax Incentives -
Arranging tax Incentives from State govt.Incentives & Central Govt( MSIPS) Export
tax incentives, Customs Tax Representing to Senior Govt officals incl CBDT/ CBIC
/ Senior govt officals to get issues resolved Tax Litigation Mgt at all level incl CIT /
DRP , ITAT , High Court , Supreme Court , Advance ruling Make Strategy to Win
tax dispute at all levels Tax Relationship at Senior level Treasury Funds Raising &
Cash Flow mgt Supply Chain Financing for Dealer ,Consumer, Vendor Forex mgt
& Hedging Setting up process/ banking channel for Collection , Payment FEMA /
CSR compliance Insurance Mgt Property / Marine Insurance Credit Insurance - AR
Risk mgt AR Mgt / Sales Program mgt for B2C & B2B Timely AR collection &
Overdue mgt Cash application - got developed RPA ( Robotic process
application for cash application ) Sales program( SP) mgt of Sell in / Sell out /
Consumer promotions Financial & Actg mgt Actg Closing activity & Audit (
monthly Qtrly , Annually) E Waste mgt Represented to Enviornment ministry and
got ewaste rules amended
Feb 2011 - Dec 2014 Head Taxation & Treasury
LG Electronics
Handling team size of 65 members ( 35 permanent and 30 contract staff ) ,
Financial and Banking Mgt ,Funds Raising ,Cash Flow mgt , Supply Chain
Financing ,Forex Management ( incl Hedging ), Pan India Insurance Management ,
Direct and Indirect Tax incl. International Tax , Transfer Pricing , Corporate tax ,
Indirect Tax Incl. Exploring / Arranging New State Tax subsidy / Tax exemptions
,All India VAT , Excise ,Service tax, Custom Tax refunds/ Exports benefits )
Handling Tax Litigation at all levels incl ITAT/ CESTAT , High court ,Supreme court
.
Aug 2008 - Jan 2011 Head -Accounts & Taxation
LG Electronics
Handled Team size of 250 members ( 120 permanent and 130 contract ) ,
Setting up Financial and Accounting controls /systems and SOD ( segregation of
Duties) , IFRS Implementation , Credit management , Credit Insurance and
Collection Mgt , All India Branch operations , MIS monthly ,Quaterly , Halfyearly
and annual closing incl Balance sheet Finalization ( India and Korea ) , Supply
Chain Finance ( Channel , Consumer ,Credit Card Financing , B2B Leasing ) ,
launched Global ERP system , Enhanced Marketing Efficiency , Pan India Expense
accounting & Control , Direct Taxation incl. Corporate Tax , Transfer pricing ,
International Taxation , Indirect Tax ( PanIndia VAT , Excise , Service Tax ) and
Managing/ Availing State Tax Subsidies , Fixed Assest Mgt Incl. Leased Assets
Jul 1999 - Aug 2008 Head -Corporate & Strategic Planning
LG Electronics
Handled team size of 20 members ,Right from Setting up Corporate planning
deptt ,Short term and Long term strategy ( new Biz , Maximizing Revenue &
Profits ) , Biz Plans for Next year ( Sales , Profit , DIO , DSO ,ROIC ) , Long term
Sales & Profit plan , Setting up of GTM Scheme structure ( go to market scheme) ,
Product Pricing , Strenthening Advance Profit Mgt /Moving Plan Accuracy next 3
months ( Sales , Profit ) , MIS Closing & analysis ( Monthly, Halfyearly ,yearly
Closing ) , Profit analysis at ( Product , Category , Model , Customer level) Set up
Exception Management system and report ,Budget mgt , Overhead mgt and
control , New Investments / Proposals ROI review , Sales and Deptt Evaluations.
Jan 1993 - Jul 1999 Associate
Ernst & Young
Handled Independentely Statutory and Internal Audits ,Due diligence reviews ,
Tax audits etc.
Educat ion
1993 - 1996 Institute of Chartered Accountants of India
CA
1990 - 1993 Business/Commerce, General
B COM (HONS)
Delhi University
1986 - 1990 Commerce
12th
APeeJay School Noida
Head line
Senior Vice President GTM
Summary
A Seasoned professional having work experience of over 2 decades ( 23 years +) at Senior Leadership Positions in
Sales across all CFO functions of 24k Cr company with Retail operations (Corporate & Strategic Planning , Taxation
incl International Tax , Transfer pricing , Corporate tax , GST , Treasury , Insurance ( Property & Credit) , AR mgt &
Sales program/ Consumer promotions for B2C and B2B biz , Branch office operations , Financial and Actg mgt ) and
Audit function . Overall a Versatile leader with Result Oriented approach , Progressive thoughts, Positive attitude ,
Passionate about work & Inclination towards learning new things , good biz understanding & listening skills , high
analytical skills , Assertive and Fast decision making . Role : Biz Partnering with all Verticals to Maximize Sales and
Profits , Minimize Financial Risk ( AR , Tax , Payment), Maintain Healthy Financial Statements , Setting up system( ERP/
GERP) processes for effective mgt , Build members Capability , Strengthening Internal Controls mechanism .
Challenging Status quo of current processes - Looking for new innovative ideas / process automization to make
more Profit , Reduce cost , bring Efficiency in system , Accurate result , Process lead time reduction which can help
members improve their Work Life balance . Setting up proper Organization to give members opportunity to learn ,
grow , giving them right job , placing them at right position . Biz partnering with External / govt authorities to Arrange
Tax Incentives from State and Central govt , take up issues with Senior govt officers and find win - win solution ,
Making Strategy with lawyers and consultants to resolve tax disputes . Good Relationship with Internal and External
stakeholders .
Project s
Strengthening Advance Tax Management
Transfer Pricing , VAT management , Documentation Mgt
Cash Flow Management
Improved Cash Flow by 50 M$
New Plant Feasibility
New Plant feasibility was carried out