Accounting Financial

Aatish C. Shah, MBA

San Ramon, CA 925-***-****

********@*****.***

Finance Executive with an Eye on Optimizing Operational Excellence

Possess broad-based expertise in maximizing operations across Fortune 500 / 1000 companies and start-ups

Dynamic Accounting and Finance Professional with more than 20 years of accounting and financial management experience. Demonstrated knowledge of accounting systems and processes to ensure GAAP and regulatory compliance. Proven expertise streamlining closing processes and procedures for efficient preparation of accurate financial statements. Skilled at evaluating financial organizations and providing expert recommendations to enhance accounting operations.

Highlights of Expertise

P&L/Balance Sheets/Auditing/Consolidations/Cost and Pricing Analysis/SEC Schedules/Cash Flow

Financial Reporting and Analysis

Cross-Functional Leadership

Cost Management

Risk Analysis and Strategic Planning

Treasury Management and Operations

Business Planning and Forecasting

Sales Tax Audits

Business Partnering

International and Metrics Management

Mergers, Acquisitions and Divestures

Business Process Reengineering

Mentor and Manage Internal & Outsourced Teams

Career Experience

AS Consulting Services 2020 - Present

Supported client’s across various projects:

Financial Modeling: (CoffeeData). Build a model to understand what would be the capital requirements for Series A financing.

(Global Art Market Place). Developing a model for an Ecommerce platform for sale of artisan products from India.

Finance Organization Mapping: (Aura Frames). Helped the COO to comprehend current issues with the monthly close cycle. Defined current weaknesses in the financial processes and suggested alternatives. Reviewed NetSuite implementation and provided valuable input to align better with current and future business needs.

Eargo Inc. (Medical Device) 2017- 2020

Senior Director Finance

Spearheaded the analysis of existing financial systems and launch of new systems to streamline processes.

Led the evaluation and integration of Order to Cash with 3PL, as well as process building and GL mapping. Cultivated strategic relationships with Asia based contract manufacturer and oversaw monthly reporting and auditing of high dollar consumable inventory parts. Administered monthly review of financials with CEO and analyzed operating expenses with “C” level over cross-functional areas and weekly cash burn. Directed the 2017-2018 financial and sales tax audits.

Managed finance and accounting operations of the Company from early stage to emerging growth with revenue of $33M and 240 employees.

Saved the company 50% in overhead expenses through the launch of an outsourced accounting resource model.

Successfully reduced month-end closing cycle from 3 weeks plus to 5 days (35%) by instilling daily review of coding, NetSuite automation, and enhancement of processes.

Achieved zero errors during an audit and closed 2016 FS with no support and understanding of business.

Developed a working operating expense budget model for $30M across all cross-functional areas.

SOA Projects Inc. (Professional Services) 2014 - 2016

Controller

Ensured client books are accurate, complete, and adhered with GAAP regulations.

Restatement of GAAP to IFRS: (Apex Maritime). Analyzed company books, identified any discrepancies, developed client’s financials based on IFRS for an investor due diligence, and recommended operational changes to increase efficiencies.

Streamlined Close Process: (Anki). Completed day to day financial analysis activities including consolidated / combined financial statement preparations.

Reduced month-end close cycle by 30% by effectively revamping A/P processes.

SBS Inc. (Professional Services) 2012 - 2014 / 2005 - 2010

Senior Director

Provided subject matter expertise, advice, and financial consultation to national and international clients.

Project expertise included:

Business Process Outsourcing: (Con Global Industries / Global Upside). Led the implementation of Avalara AvaTax module for a container business with twelve locations across the US. Managed AP outsourcing for a packaging manufacturing client, full accounting cycle outsourcing for a SAAS based start-up, and payroll outsourcing for a global company.

Financial Solutions Management: (Solopower / AgilOne). Reviewed accounting/reporting processes and recommended changes to financial statements for a green tech company. Oversaw financial close, management reporting, board deck, and annual budget for a SAAS company.

Decreased month-end closing time by 35% through the streamlining of fixed assets, CIP, accrued payables, and pre-paid worksheets, as well as the redesign of the inventory management and closing process.

Cost and Finance Management: (Green Point Mortgage). Surmised project headcount needs by creating budgeting/forecasting models including performance variance analyses.

Trimmed 35% of company outlays by building cost-effective outsourcing models.

International Shared Services Management: (UTStarcom). Oversaw shared services functions that included general ledger, accounts payable, and fixed assets. Facilitated month-end closing for Asia operations; China, Europe, and India. Boosted the accuracy and efficiency of revenue recognition and forecasting for India region; confirmed adherence with SOP 97-2 & SAB 104.

Management Transition and Financial Due Diligence: (Greenvolts). Analyzed, reconciled, and documented all balance sheet accounts for previous five years.

Ownership Transition and Process Reengineering: (ADLINK Technology). Completed audit of an acquired company to allow fast and successful purchase and integration. Increased effectiveness of financial policies and procedures through key performance indicators (KPIs), month-end close procedures and work frames.

Achieved 30% cost savings by optimizing commission payout process

Pre IPO & System Implementation Controller: (GSI Technology). Directed all financial operations for CFO during IPO process, as well as data migration from old system utilizing the SAP conversion process. Managed quarter/year-end audit schedules and IPO S1 preparation.

Cognilytics Inc. (Data Analytics) 2010 - 2012

Vice President Finance

Evaluated financial statements and implemented updates to measure profitability and goal achievement.

Led the revamp of financial statements resulting in increased operational efficiency. Managed month-end global close process, account analyses, preparation of financial statements, and successful IRS audits.

Secured $2M credit line to maintain efficient treasury management and financial operations.

Additional Experience

Director of Finance Kerns Beverages LLC (Consumer Products)

Assistant Controller ACCPAC International (Accounting Software), Division of Computer Associates

Director of Finance & Operations Studer North America (Mixing Consoles), Division of Harman Kardon

Manager Reporting & Analysis Novacor (Medical Device), Division of Baxter Healthcare

Assistant Fixed Accounting Manager Kerr Glass Manufacturing (Consumer Products)

Education

Master of Business Administration in Finance and Accounting

University of Arizona, Tucson, AZ

Master of Science in Accounting and Financial Management / Bachelor of Science in Accounting

Maharaja Sayajirao University of Baroda, Gujarat, India

Computer Skills

Microsoft Office, NetSuite, QuickBooks, Epicor, MAS 90, Great Plains, Solomon,

Hyperion, ACCPAC, Navision, Expensify, and Bill.Com

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