Kaushal Kumar Verma

Chief Financial Officer at AyurCentral
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Contact Information
Location
Bengaluru, Karnataka, India, IN
Languages
  • English and Hindi -

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Experience

    • India
    • Wellness and Fitness Services
    • 1 - 100 Employee
    • Chief Financial Officer
      • May 2022 - Present
    • Chief Financial Officer
      • Mar 2021 - May 2022
    • India
    • Hospitality
    • 700 & Above Employee
    • Vice President Finance & Accounts
      • Oct 2016 - Mar 2020

      Part of senior management, responsible for Financial control, Accounting & reporting, Corporate finance, Initial Public Offering (IPO), Audits and Investors relations Part of senior management, responsible for Financial control, Accounting & reporting, Corporate finance, Initial Public Offering (IPO), Audits and Investors relations

    • Freelancing to Private Equity Funds
      • Aug 2015 - Sep 2016

      Worked for two startups, eCommerce and healthcare company. Responsible for setting-up system and process of finance & accounts function and fund raising for their investee company. Worked for two startups, eCommerce and healthcare company. Responsible for setting-up system and process of finance & accounts function and fund raising for their investee company.

    • Assistant Vice President Finance & Accounts
      • Sep 2007 - Aug 2015

      Max Hyper a retail company operating under franchisee of SPAR International, Netherlands. SPAR is a world’s largest food retailer with presence in 32 countries spread over 4 continents. Max Hyper is a hundred percent subsidiary of Landmark Group, Dubai. It currently operates 750 retail stores across 10 countries Bahrain, India, Jordan, Kingdom of Saudi Arabia, Kuwait, Oman, UAE, Pakistan & Egypt. The Landmark group started its operations in India in 1999 with Lifestyle chain of stores and subsequently introduced new concepts store under Max Fashions, Home Centre, Citymax India, SPAR and Auchan. Responsible for : Commercial affairs, accounting & reporting, inventory management, compliance external & internal, planning & Budgeting,cash management, insurance and master data management. Show less

    • United States
    • Food and Beverage Services
    • 700 & Above Employee
    • Assistant Finance Manager
      • Nov 2000 - Aug 2007

      Worked for corporate audit department (CAD) of India. Implemented the Sarbanes Oxley Compliance in India and Germeny and carried out investigation audit. Deputed in finance & accounts function of Coca-Cola bottling plant. Key responsibilities includes following: MIS Reporting: Preparation of all monthly reports like Flash, periodic financial statements, management narrative, variance analysis and rolling estimates. Accounts Payable: Approvals of all direct and indirect expense and payment. Vendor reconciliation and balance confirmation. Maintaining vendor aging at defined level. Accounts Receivable: Revenue collections and reconciliation of customer accounts. Credit setting and monitoring. Ensuring no exposure from this process. Fixed Assets: Capitalisation of capital expenditure, maintaining fixed assets register and physical verification of assets. Inventory Management: Physical verification of inventory, maintaining aging of inventory and ensuring FIFO followed in finished goods and raw material and packing material. Budgeting & Forecasting: Preparation of annual business plan. Forecasting production, input materials, glass and crates Audit & Compliance: Ensuring timely and qualification free statutory audit as per Indian GAAP and US GAAP. Handling internal audits. Show less

    • France
    • Consumer Services
    • 700 & Above Employee
    • Senior Executive Finance
      • Feb 1997 - Oct 2000

      Role : - Responsible for all commercial, finance & accounts activities at North region office, broad activities are as under: Preparation of monthly P & L and Balance sheet of North region and reporting to corporate office Mumbai. Preparation of annual business plan, costing template, variance analysis and further changes in annual budget plan. Statutory audit, tax audit, internal audit & French corporate audit. Purchase of raw material, supply chain activities, logistics, manpower planning, negotiations with vendors & contractors. India division payroll processing, statutory compliance (preparation of From 16 and Form 24) and full and final settlement of employees. Show less

Education

  • Siemens Professional Education
    SAP (FICO) Certification
    2004 -
  • The Institute Of Cost Accountants Of India
    ACMA
    1994 - 1997
  • Ranchi University, Ranchi
    Bachelor of Commerce - BCom (H), Accounting, Taxation, Costing and Business Management
    1992 -

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