Treasurer
2011 - 2018Reliance Industries Limited- Led the treasury department of the refinery subsidiary of Reliance Industries, India's largest corporation and a Fortune 500 enterprise generating $30+ billion per year in cash flow.
- Negotiated terms, built credit evaluation proposals and presented to banks and financial institutions to establish credit facilities exceeding $1 billion.
- Built and submitted financial models and business projections for the evaluation of credit proposals by banks and global financial institutions to aid capital raising efforts.
- Built the financial model and negotiated financing terms with infrastructure financing institutions, successfully raising $200+ million of capital for a greenfield infrastructure project.
- Designed the capital structure as well as analyzed and optimized the balance sheet impact for a special purpose vehicle leveraged for the execution of a greenfield infrastructure project.
- Developed and maintained cash flow and liquidity projections, optimizing interest rate exposure and mitigating liquidity risk by achieving 90%+ accuracy in daily and monthly cash flow projections.
- Developed and implemented a foreign exchange hedging model using historical U.S. dollar and Indian Rupee market rates to backtest and determine the model's effectiveness in managing currency risk.
- Prepared and submitted financial projections for an assessment of credit facilities by banks, negotiated financing terms and ensured the continuous availability of funds for the business.
Focus areas: Foreign Exchange (FX) Hedging, Cash Flow Modeling, Investor Presentations, Ratio Analysis, Capital Structure Analysis, Debt Structuring, Project Finance, Cash Flow, Finance Strategy, Financial Planning & Analysis (FP&A), Fundraising, Corporate TreasuryCorporate Finance Manager
2006 - 2011Marico Limited- Led investor relations for a publicly-listed company with a diversified investor base and a market capitalization exceeding $6 billion.
- Developed financial models, participated in the creation of quarterly and annual earnings releases, and curated external investor presentations for investors and other capital markets participants.
- Led roadshows and represented the company at investor conferences engaging with institutional buy and sell-side research teams to improve the coverage and awareness of the business.
- Prepared the information memorandum, financial projections, and the company prospectus while leveraging institutional investor relationships to generate buy-side interest and facilitate a successful $50+ million equity raise via a qualified institutional placement.
- Participated in business review discussion to share the investment community's perspective on company strategy and the outlook for growth, helping to drive the business strategy review and development process.
Focus areas: Business Planning, Finance Strategy, Budgeting, Capital Raising, Financial Planning & Analysis (FP&A), Corporate Finance, Investor PresentationsFinance and Accounts Officer
2003 - 2006ONGC Limited- Built financial projections and investment models, vetting investment decisions based on an internally determined hurdle rate. Validated the underlying assumptions, reviewed the models and made investment recommendations to the executive committee.
- Built and maintained the cash flow forecasting process for a business with monthly cash flow of $20 million, conducting a daily variance analysis to minimize divergence from budgeted cash flow and driving significant operational improvements.
- Conducted financial planning and analysis based on internal projections. Screened business plans submitted by business heads and consolidated divisional and annual group plans before recommending for approval by the executive committee.
- Established a comprehensive review process to analyze monthly variances to approved financial plans and made actionable recommendations to improve performance, presenting analysis to group executives in review discussions.
- Created capital budgets for greenfield infrastructure projects analyzing and presenting the variance analysis to internal teams and ensuring effective control over cost and KPIs.
Focus areas: Financial Planning & Analysis (FP&A), Forecasting, Cash Flow Forecasting, Financial Modeling, Capital Budgeting, Budgeting
Aashu Yadav
Finance Expert in Mumbai, Maharashtra, India
Member since August 2, 2018
Aashu has 15+ years of corporate finance experience advising India's largest and most respected corporations. He has led investor relations and $1 billion of fundraising initiatives, evaluated M&A transactions, built financial models and valuations, and driven currency and market hedging strategies. Freelancing helps him gain a global perspective advising clients on challenging projects and fundraising efforts.
Aashu is now available for hire
Career Highlights
- Reliance Industries Limited
- Marico Limited
- ONGC Limited
Education
- Chartered Accountant - ICAI
- Hansraj College, University of Delhi
Select Certifications
- Insolvency and Bankruptcy Board of India
- CFA Institute
Industry Expertise
- Energy, Utilities & Waste
- Manufacturing
- Financial Modeling
- Consumer Products
Other Expertise
- Capital Raising
- Cash Flow Modeling
- Financial Planning & Analysis (FP&A)
- Fundraising
- Mergers & Acquisitions (M&A)
- Three-statement Modeling
- Valuation
Employment
Education
- Master's Degree in Finance1999 - 2002Chartered Accountant - ICAI - India
- Bachelor's Degree in Accounts1998 - 2001Hansraj College, University of Delhi - India
Certifications
- Insolvency Professional ExamDECEMBER 2017 - PRESENTInsolvency and Bankruptcy Board of India
- Chartered Financial Analyst (Charter pending)JUNE 2010 - PRESENTCFA Institute
