GUNJAN M. SHAH
Ahmedabad
Summary
Finance professional with extensive industry knowledge and a focus on leadership. Proven track record in enhancing financial reporting, ensuring compliance, and driving strategic financial initiatives. Committed to optimizing resource allocation and managing budgets to achieve results in dynamic business environments.
Overview
21
21
years of professional experience
Work History
Director of Finance and Strategy
XDuce Technologies Private Limited
ahmedabad, India
07.2024 - Current
- Negotiated favorable vendor terms, reducing overall cost of goods sold and enhancing profitability.
- Secured financing through strong relationships with banks and investors, facilitating efficient growth objectives.
- Implemented tax strategies that minimized liability while ensuring compliance with applicable regulations.
- Led merger and acquisition activities, including due diligence, valuation analysis, negotiation support, and integration.
- Mentored junior staff, promoting professional development and fostering a positive work environment.
- Optimized cash flow management to enhance liquidity for business expansion initiatives.
- Streamlined budgeting processes for improved financial planning and forecasting.
- Consolidated financial statements for timely reporting to executive management and stakeholders.
Manager – US outsourcing operations
QX Global Services Private Limited
ahmedabad, India
07.2022 - 02.2023
- Directed monthly closing process and oversaw daily activities, including journal entries and reconciliations.
- Managed monthly close schedule and conducted close calls to ensure timely communication within Finance team.
- Established challenging KPIs and targets, providing day-to-day guidance for team performance.
- Led team to meet client deadlines while fostering strong relationships to support accounting operations.
VP Finance (CFO support services to US Clients and Corporate Finance)
Commerce Pundit Technologies Pvt Ltd
Ahmedabad
03.2021 - 06.2022
- Led as VP Finance, partnering with executive leadership for strategic direction.
- Evaluated financial performance against long-term goals, budgets, and forecasts.
- Provided recommendations for short-term and long-term organizational growth strategies.
- Implemented systems to deliver crucial financial and operational insights.
- Enhanced efficiency by automating departmental processes.
- Engaged with Board, CEO, COO, and executives for strategic alignment.
- Set yearly financial objectives aligned with growth plans.
- Prepared monthly financial reports, including profit and loss analysis.
Management Consultant
CPA Firm
Ahmedabad
07.2019 - 01.2021
- Managed accounting and tax planning services for diverse clients.
- Evaluated short-term and long-term projects, addressing various issues and needs.
- Collaborated with management and staff to align on goals and requirements.
- Analyzed data to identify challenges and understand situational interpretations.
- Formulated implementation plans for recommendations based on thorough analysis.
- Compiled research data and delivered presentations highlighting findings and optimizations.
Finance Manager
Azilen Technologies Pvt. Ltd
Ahmedabad
09.2017 - 05.2019
- Oversaw finance and accounts functions to ensure operational efficiency.
- Prepared standalone and consolidated financial statements for quarterly and yearly reviews.
- Conducted financial planning, modeling, and viability analysis for projects presented to management.
- Managed all MIS, budget, costing, business plans, and forecasts while benchmarking industry standards.
- Executed treasury management tasks, including short-term loans, letters of credit, and working capital limits.
- Handled direct and GST matters, including tax audits and appearances before tax authorities.
- Reviewed month-end closing activities, ensuring accurate general ledger maintenance and reconciliations.
- Designed internal controls and upgraded systems to enhance financial processes.
Finance Controller
Revitas Inc
Ahmedabad
11.2011 - 07.2016
- Developed annual CAPEX and OPEX budgets to enhance internal planning accuracy.
- Provided cash-flow projections to Finance Sub-Committee for informed decision-making.
- Generated monthly budget reports, aiding budget holders in financial accuracy.
- Conducted variance analysis, recommending adjustments to Management based on findings.
- Closed books on monthly, quarterly, and yearly reconciliation of Fixed Assets with IT and operations staff.
- Performed vendor and customer aging analyses to support financial health assessments.
- Published timely financial statements to ensure transparency across all reporting periods.
- Oversaw compliance with payroll provident fund, pension, and tax contributions with payroll bureau.
Sr. ACCOUNTS/FINANCE EXECUTIVE
ENNOVATE GROUP INC
Ahmedabad
05.2006 - 02.2011
- Prepared MIS reports for USA clients and large corporations.
- Maintained online and offline accounting records for Corporate and S-Corp entities.
- Managed year-end, monthly, weekly, and daily accounting tasks across various applications.
- Executed tax return preparations for Individual (1040), Corporate (1120), S-Corp (1120S), and NGO (1040 and 990).
- Finalized accounts for Corporate, S-Corp, and partnership firms.
Account Executive
SAP Info-Tech Pvt. Ltd
Ahmedabad
05.2005 - 04.2006
- Maintained year-end, monthly, weekly, and daily accounting records for multiple clients using Sage, QuickBooks, and IRIS.
- Prepared Management Information System reports for various financial institutions across UK.
Education
Executive Diploma in Finance Management - Finance Management
Institute of Management, Nirma University
Ahmedabad, GJ05.2008
Master of Commerce (M.Com) - Cost Accounting
Gujarat University
Ahmedabad04.2008
Bachelor of Commerce (B.Com) - Advance Accountancy & Auditing
Gujarat University, HK Commerce Collage
Ahmedabad, Gujarat04.2004
MBA - Finance, Marketing
Institute of Management, Nirma University
Ahmedabad03.2012
Skills
- Effective communication and public speaking
- Complex problem solving
- Financial management and budgeting
- Judgment and decision making
- Stakeholder engagement
- Strategic planning and execution
- Leadership development
- Regulatory compliance
- Portfolio management
- Annual planning
Timeline
Director of Finance and Strategy
XDuce Technologies Private Limited
07.2024 - Current
Manager – US outsourcing operations
QX Global Services Private Limited
07.2022 - 02.2023
VP Finance (CFO support services to US Clients and Corporate Finance)
Commerce Pundit Technologies Pvt Ltd
03.2021 - 06.2022
Management Consultant
CPA Firm
07.2019 - 01.2021
Finance Manager
Azilen Technologies Pvt. Ltd
09.2017 - 05.2019
Finance Controller
Revitas Inc
11.2011 - 07.2016
Sr. ACCOUNTS/FINANCE EXECUTIVE
ENNOVATE GROUP INC
05.2006 - 02.2011
Account Executive
SAP Info-Tech Pvt. Ltd
05.2005 - 04.2006
Executive Diploma in Finance Management - Finance Management
Institute of Management, Nirma University
Master of Commerce (M.Com) - Cost Accounting
Gujarat University
Bachelor of Commerce (B.Com) - Advance Accountancy & Auditing
Gujarat University, HK Commerce Collage
MBA - Finance, Marketing
Institute of Management, Nirma University