Ashish Trehan

Experienced Controller of Accounts, Finance and Inventory with 36 years of core expertise in accounts, costing, finance, inventory management, and commercial areas. Proficient in balance sheet preparation, profit and loss statements, budgeting, cost control, banking relationships, direct and indirect taxation, and project site mobilization. Strong track record in identifying cost variations, managing accounts receivable and payable, CAPEX/OPEX allocation, and recovery of loss-making units.

Skilled in SAP Business 1, SAP HANA (FICO & MM modules), and Tally, with expertise in GST compliance, TDS filing, and departmental query resolution.

Lead, Finance & Accounts - Raymond Ltd. - Jalgaon, Maharashtra

(2022-05 - 2024-10)

• Accounts including critical functions
• Budgeting & Cost Control
• Cost Centre and Batch Accounting
• Monthly Provisions & Budgetary Phasing
• Negotiating and Vetting of Purchase Orders and Work Orders
• Inventory Management – ageing identification and sharing on with Materials Management for surplus / slow moving stores and spares
• Fixed Assets & Capitalisation including Machine Costing for feasibility reports. Scrapping of Assets post Approvals
• Warehouse – Inventory Control and Material Ageing, Controlling of labelling and Rate inserts for the product
• Implementation of Delegation of Authority and SOP's
• Monthly MIS - Value Driver , Flash Report, Head Count, Material Ageing and WIP Valuation
• Annual & Quarterly Limited Review
• Demerger Activities

Head, Finance & Accounts - Lawraga Metals Pvt. Ltd. - Malur, Karnataka

(2022-05 - 2022-07)

• CMA and Arranged Funds of Rs.7Crs. as TL for new upcoming plant –recycling Lead from Scrap Battery
• GST Non-Compliances and Notices
• SOP for Plant Activities

Sr. Manager Finance and Accounts - Deon Tapes Industries Pvt. Ltd. - Silvassa Plant

(2021-08 - 2022-03)

• Finance and Accounts – Quarterly P&L / Variances and reasoning for the same
• Banking - DP for Bank / CMA for enhancement of limits
• Costing – COGS
• SAP- Business 1- Finance / Inventory / Sales /FA Module
• GL Scrutiny – identified and rectified CAPEX in WIP and charged to Expenses to the tune of Rs.2.2 Crs
• Reconciled major difference in Closing Balances of FY 2020-21 with Opening Balances of FY 2021-22 with the Audited Accounts – identified as SAP B1 migration error

Sr. Manager Accounts and Administration - Maulana Azad Educational Trust - Aurangabad

(2020-10 - 2021-08)

• Trust and Society Control of – 14 Educational Institutions Colleges and Schools
• Reconciled Fees Recoverable , detected cases of issuance of Transfer / Passing certificate despite fees outstanding
• Standardisation and uniformity of Chart of Accounts for all Institutions
• Consolidation / Audit / Resolution of queries / CAPEX & OPEX identification/ Budgeting and variance analysis
• Submission of claims of Grant in Aid Colleges to University and Government of Maharashtra / Fees Regulatory Authority compliances
• Liaoning with the Principals and Legal Advisors for the Litigation Cases

Head, Finance and Accounts - Novo Medi Sciences Pvt. Ltd.

(2019-10 - 2020-09)

• Chart of Accounts and re-casted Accounts for FY 2018-19 Annual Accounts requirements
• Updated and corrected Accounts for FY 2019-20, including TDS / GST and Advances Account
• Banking –CMA / Fund Based / Non-Fund Based limits working for Banks and Financial Institutions
• Reconciled all Bank and NBFC Loans for Principal and Interest bifurcation
• Instrumental in the GST Number restoration from Department by computing Updated GST Returns from March 2019 till November 2019, Resolved GST Notices including Trans-1 Reconciliation
• Reduced Ageing from 45 to 30 days. Calculated Credit Notes as per Sales Promotional Schemes
• Inventory as per Batch Numbering and matched Physical and Book Stock with Tally

Sr. Manager Accounts - Economic Laws Practice (ELP) Advocates and Solicitors

(2015-05 - 2019-08)

• Head of Indirect Taxation Accounts with job responsibilities of all areas of Indirect Taxation
• Reconciled GL Accounts with VAT and Service Tax Returns for 2012-13 and till September 2014
• Support to estimation and tender team for implication of Indirect of Indirect Tax as per the Tender / Project
• Prepared the Paper Book along with the Documents against levy of Rs.32 Crs. Demand by Service Tax Special Audit Team
• Revised Returns for 4 States for correct computation of Liability and Issuance of WCT Certificates and Form "C" from FY 2009-10

Dy. Manager, Accounts - Lanco Infratech Ltd. - Project 3 X 660 MW MAHAGENCO Power Plant Expansion at Koardi, Nagpur

(2010-10 - 2013-08)

• Compilation of Direct and Indirect Taxation Data along with months closing
• B 2 B Reconciliation of Client V/s Sub Contractors Billing
• Inventory Reconciliation of Material Issued as per Work order Terms & Conditions to Sub Contractors
• Asset Capitalisation and GL bifurcation of Assets and BOQ Items
• Material Reconciliation with Stores on Consumption / Free Issues / Chargeable / Recoverable Material to Sub Contractors
• Preparation of Quarterly / Annual Audit Pack
• Recovery of Rs.21 Lacs as dues towards non furnishing of Royalty receipts from Sub Contractors
• Identified and Reported Idle Assets which were subsequently transferred to different Project Sites

Manager, Accounts - Hindustan Dorr-Oliver Ltd. - EPC & Turnkey Project, Bhatinda Project: HMEL Refinery

(2009-01 - 2010-09)

• Responsible for all the Functions of Accounts, Direct and Indirect Taxation Scrutiny and Approval of RA Bills Raised to Client HMEL as per Approved Billing Schedule
• Compilation of VAT Returns as per Punjab VAT Act on monthly basis including computation of WCT of Sub Contractors and timely discharge of the Liability of the same
• Controlled vital documents such as Manufactures Test Certificate and Inward Material Inspection Report approved by Clients Consultant EIL. For Material Bills Claim from HMEL
• Ensured Back to Back Billing Period of Sub Contractors vis a vis Clients Bills & Monthly Reconciliation of Material Issued to Sub Contractors for control through consumption designs and correlation of the same with the Clients Billing to eliminate unbilled revenue
• Recalled for : Material Reconciliation with Client HMEL and OMPL

Manager – Finance & Accounts - Essar Constructions Ltd. - 3 X 660 MW Power Plant at Hazira and Waidhan (Vindhnagar), MP

(2006-06 - 2008-11)

• Responsible for the Finance & Accounts Department for the EPC Contract valued at Rs.1,518.50Crs
• Scrutiny and Approval of Vendor and Sub Contractor Bills
• Team member for land acquisition for the Power Project through liaison with local authorities
• All functions relating to Direct and Indirect Taxation
• MIS Reporting to HO
• At HaziraSurat from June 2006 to May 2007
• As Head of Indirect Taxation Department was responsible for responsible for all functional aspects for Service Tax and VAT
• All Accounts Function till finalisation
• Debtors Accounting – Credit Control, Ageing coordinating Collection activities with Practice Partners/ Clients
• Scrutiny of Time Sheets and Billable Expenses for tracing and regularising of unbilled revenue
• Tracing of unbilled revenue. Recovered revenue in traced, unbilled and proven cases to the tune of Rs.80 Lacs
• Practice Area Profit and Loss (Segment wise)
• Uploading of LEDES Invoices on Clients Portals

Dy. Manager, Accounts - Hindustan Dorr-Oliver Ltd. - EPC & Turnkey Project, Corporate Office at Mumbai

(2013-09 - 2015-01)

• Head of Indirect Taxation Accounts with job responsibilities of all areas of Indirect Taxation
• Reconciled GL Accounts with VAT and Service Tax Returns for 2012-13 and till September 2014
• Support to estimation and tender team for implication of Indirect of Indirect Tax as per the Tender / Project
• Prepared the Paper Book along with the Documents against levy of Rs.32 Crs. Demand by Service Tax Special Audit Team
• Revised Returns for 4 States for correct computation of Liability and Issuance of WCT Certificates and Form "C" from FY 2009-10

Officer – Accounts - The Associated Cement Companies Ltd. - Cement House Mumbai

(2002-05 - 2006-06)

• Functional Areas of Indirect Taxation and Accounts Department at (1) Head Office in Mumbai
• Compilation of Tax Audit Reports
• Scrutinised Ledgers for the Consolidation of Accounts of various Units
• (2) Chandrapur Cement Plant: Indirect Taxation covering areas of Central Excise / Service Tax /Sales Tax and CST
• Audit Queries from Management / External Auditors / CERA Audit
• (3) ACC Ready Mix Concrete Plant At Kalamboli – As functional head of Accounts Department was responsible for all functional areas of the Accounts Department including
• Debtors Ageing and Credit Control
• MIS reports and Monthly Consolidation at Head Office
• Inventory Control Physical vis a vis Accounting Records

Accounts Officer, Sales Accounting Western and Southern Regions - Bridgestone India Limited

(1999-01 - 2006-05)

Manufacturers of Tyre and Tubes

• Responsible for Southern and Western Region of Branch Operations constituting of 12 Branches & C & F's, spread across 11 States for all aspects related to Accounting
• Timely monthly closing by ensuring data collection from all 12 Branches and C & F's
• Monitoring of Debtors Ageing (Dealer Accounts) vis a vis Policy as per Credit Limits
• Stock Reconciliation, Age Wise Reports, Dealers reconciliation
• Issue of Credit Notes against various Sales Promotional schemes
• Preparations of monthly MIS Reports. / Stock Reconciliations vis a vis Branch Transfers
• Preparation of Paper Book's for Sales Tax Assessments and monitored Sales Tax Returns

Assistant Manager - Flat Products Equipment's India Limited

(1994-04 - 1998-12)

Manufactures and Commissioning of Cold Rolling Mills

• Independent charge of all Banking, Imports, Exports, and Project wise Purchase Accounting
• Attended to hearings with Commissioner – Appeals with the Customs Duty Drawback Department
• Preparation of Import Documents for LC / Bill Negotiation Discounting at Banks
• Monthly MIS on Funds and Non Fund Based Limits
• Reconciled Accounts spread over a period of 2-3 years and recovered Rs.80 Lacs via Unacceptable deduction by Debtors
• Promoted as Assistant Manager on Merit Grounds

Sr. Accounts Officer - Advent Fire Engineers Pvt. Ltd.

(1991-06 - 1994-03)

Manufacturers of Fire Protection Equipment's

• As Sr. Accounts Officer, was responsible for all Accounting Functions till filing of Returns with Income Tax, Sales Tax
• Additional Task: Preparation and Attending to Government Tenders

Bachelor of Commerce - Commerce - University of Mumbai (1989 - 1989)

CA – Inter - Chartered Accountancy - Mumbai (1984 - 1991)