Quick Contact

DIRECTOR (AUDIT AND FINANCIAL RESTRUCTURING)

YASH SHUKLA

Yash has over 19 years of professional experience as a Senior Director in Audit, Accounting, and Finance. His expertise lies in international accounting frameworks and sound accounting systems. He has been instrumental in consultancy related to government regulations and ensuring statutory compliances as applicable. He has built strong process-based systems to induce “pro-active behavior and standardization” in operating and administrative workflows in businesses to ensure efficient and transparent governance.

Experience & Activities

His core competency includes CFO services, mergers, and acquisition, internal and external audits, preparation of financial reports, financial restructuring of firms, due diligence, defining and implementing effective financial & administrative policies, gap & risk assessments, forensic audits, and investigations, defining and implementing internal control system, reviewing and implementation of ERP systems.

Yash has worked across diverse sectors including banking, manufacturing units, construction (both contractors and developers), TMT – technology, media, and telecommunications, advertising and PR, food & beverages, supply chain services, jewellery design and manufacturing, garment manufacturing, entertainment (cinema & theatres), hospitality, facility management services, healthcare (hospitals, medical centers, and diagnostic centers), lighting concept designs and implementations.

In his recent experience, Yash has concluded purchase price allocation for an ICT player in KSA for regulatory submissions post a takeover deal, impairment testing of goodwill for a credit portfolio for a large Egypt-based lender, and valuation and PPA analysis for an internationally accredited body of knowledge including deal negotiations with sell-side.

In the past, he has successfully served as a CFO to a high-end chain of gymnasiums and a manufacturer-cum-trader in the FMCG Sector in Qatar. His involvement in the projects helped clients to underneath the existence of revenue leakages and frauds. Yash not only successfully reinstated proper internal control systems but also helped the management in mitigating the cash flow issues by restructuring the existing debts with partner banks. He was instrumental in setting up suitable governance mechanisms including defining and implementing suitable financial policies and optimal procedures (with a clearly defined RACI matrix).

Yash was also responsible for assisting in the selection of suitable ERP solutions, vendor ratings, and evaluation of different ERP systems to provide suitable recommendations on an optimal choice for the ERP solution. His recommendations helped in business requirements linked to customisation, data integration, and inclusion of suitable policy level checks in the adopted ERP package.

Yash has conducted the internal audit for multiple private sector clients in the GCC including Bahrain, Qatar, UAE, and KSA in addition to vat filing and regulatory compliance. He has a rich experience of working with high-net-worth individuals and family offices and advising them to enhance shareholder returns across their investment portfolios.

Over the last 19 years, while practicing in India, Yash has been an integral part of internal audit and statutory audits of large organisations like Maharashtra State Electricity Board (India), Bank of Baroda (India), and Bank of India (India) encompassing an asset-liability book size of approximately USD 68 million.

In addition to passing intermediate exams from the Institute of Chartered Accountants of India, he holds a Bachelor of Commerce from Mumbai University.