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Gyanesh Changlani, Finance Expert in Mumbai, Maharashtra, India
Gyanesh Changlani

Finance Expert in Mumbai, Maharashtra, India

Member since November 8, 2018
Gyanesh—a successful remote CFO for Toptal clients in the US and Canada—has 13 years of finance experience for multinationals including Toyota, Landmark Group, and XPO Logistics. His forte lies in strategic advisory, cash flow forecasting, financial controlling, business analysis, and application of the latest financial technologies to small North American businesses. Gyanesh's latest project on automation of bookkeeping between Shopify and QuickBooks saved his client $600 in fees per month.
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Career Highlights

Education

Select Certifications

Case studies

Software Expertise

  • Intuit QuickBooks

Other Expertise

Employment

  • CFO

    2020 - PRESENT
    Endless Events LLC
    • Reduced fixed expenses by 20% immediately by consolidating all software costs, reducing rent expenses through negotiations, and moving to cheaper services for admin work.
    • Negotiated with all vendors to reduce their pricing by building trust and implementing a powerful AP process that reduced average AP days.
    • Implemented three-month cash flow forecasting and three-year financial budgeting processes to strategically manage the business and aid the CEO in making correct investment decisions.
    • Negotiated with the banking partner by presenting a realistic forecast to gain a credit line for smoother working capital management.
    Focus areas: Controller, Forecasting, Finance Strategy, Financial Modeling, Financial Planning & Analysis (FP&A), Budgeting, Cash Management, North America, Debt Raises, Fractional CFO, Data Analytics, Small & Medium-sized Enterprises (SME), Revenue & Expense Projections

  • Manager of Financial Planning and Analysis (FP&A)

    2018 - 2020
    GXO Logistics
    • Built financial models for each business area to forecast the income statement and automated the financial planning process via the utilization of Hyperion.
    • Acted as the vertical lead for the food and beverage division, advising the operations team on the financial aspects of the business.
    • Increased revenues by $2.3 million by identifying invoices that did not align with the contracted pricing.
    Focus areas: P&L Forecasting, Budgeting, Financial Planning & Analysis (FP&A), Financial Modeling, North America, Tableau, Business Intelligence (BI), Data Analytics, Revenue & Expense Projections

  • Finance Manager

    2017 - 2018
    Landmark Group
    • Assessed the operating performance of retail stores, recommending the closure of six stores to improve profits based on a store-level ROI analysis utilizing future cash flow forecasts.
    • Prepared comprehensive MIS reports for different departments and recommended proper procedures for cost control and performance improvement based on KPIs.
    • Reviewed all of the contracts with vendors and availed discounts for early payments, saving AED 3.4 million annually.
    • Established the optimal debt to equity ratio to achieve superior returns and created a future earnings forecast to convince banks to increase their lending volumes.
    • Removed redundant general ledger accounts and established rules for accounting entries to be entered in the correct general ledger accounts based on MIS and external audit requirements.
    • Developed relationships and represented the company within banks, auditors, and other relevant parties for business development and assisted the legal team with any matters regarding finance.
    Focus areas: Strategic Planning & Execution, Cash Flow Forecasting, Management, Audits, Controller, Cost Management, Finance Strategy, Financial Systems, Financial Planning & Analysis (FP&A), Financial Modeling, Budgeting, Cash Management, Business Intelligence (BI), Data Analytics, Revenue & Expense Projections

  • Finance Manager

    2012 - 2017
    Al Futtaim Motors | Toyota
    • Arranged branch audits to ensure that all procedures aligned with financial policies and SOPs.
    • Monitored receivables to maintain customer dues of less than 10%.
    • Minimized aged inventory, inspecting inventory conditions and delivering advice regarding pricing and discounting to ensure the achievement of budgeted margins.
    • Created accurate MIS reports of all division branches to investigate KPIs and forecast weekly profit and loss via a detailed analysis of branch-level performance.
    • Reduced customer dues from 34% to 10% from 2013 to 2015 by changing business procedures, helping to increase profitability by 4%.
    • Applied in-depth expertise to help reduce inventory by 22% via detailed financial analysis and the assessment of accurate market values, helping to increase organizational profit by 6%.
    • Introduced standard operating procedures for all business departments to meet ISO 9001 standards for the division.
    • Formulated, developed, and executed a new incentive scheme for sales staff to increase growth and examined the feasibility and viability of various capital expenditure projects.
    Focus areas: Cash Management, Debtor & Creditor Management, Accounts, Accounting, Finance Process Improvement, Management, Audits, Controller, Finance Strategy, Budgeting, Financial Planning & Analysis (FP&A), Financial Modeling, Business Intelligence (BI), Data Analytics, Revenue & Expense Projections

  • Equity Analyst

    2006 - 2011
    Sharyans Wealth Management
    • Generated forecasts for companies’ earnings, produced research reports, and issued buy-and-sell recommendations for Indian-listed companies.
    • Established relationships and created investment presentations for fund managers and buy-side analysts to generate new commission revenue for the business.
    • Created a technical strategy to identify the indicators of expected share price volatility of more than 5%.
    • Trained new analysts on financial modeling skills.
    Focus areas: Industry Analysis, Equity Valuation, Equity Research, Financial Modeling, Financial Planning & Analysis (FP&A), Budgeting, Data Analytics

Education

  • Master of Business Administration (MBA) in Finance
    2011 - 2012
    S.P. Jain School of Global Management - Singapore, Singapore
  • Bachelor's Degree in Computer Engineering
    2001 - 2006
    The University of Mumbai - Mumbai, India

Certifications

  • CFA Level III Candidate
    AUGUST 2009 - PRESENT
    CFA Institute

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