Hi, I’m
P.S. Yeshwanth
Director - Finance and Accounts
Chennai,Tamil Nadu
Summary
A seasoned finance professional with an overall 12+ years (8+ years in SaaS) of experience in core Controllership and FP&A roles. Deep understanding of the finance function and its nuances. Demonstrated and experienced in building a finance function from scratch and seen more than 5 funding rounds showing the company valuation of more than $1bn.
Overview
11
years of professional experience
Work History
Facilio Inc
Director - Finance and Accounts
10.2022 - Current
Job overview
- Reporting to the CEO of the company
- Handling, managing and responsible for the entire activities in the finance function
- Introduced and presented SaaS financial metrics and reporting mechanisms
- Preparation of board deck and MIS for investor presentation
- Managing and handling requests of investors and management
- Managing and introducing accounting policies and mechanisms to bring strict books closure every month
- Segmentation of financials product wise, region wise, periodical wise to compare and contrast the financial performance
- Management of ESOPs and Cap table.
- Legal contract clearance for customers and vendors.
- Handling and management of budgets and forecast.
- Financial variance analysis on a periodical basis.
- Increased company revenue by streamlining processes and implementing cost-saving measures.
- Leveraged data analytics insights for informed decision-making in critical areas such as sales forecasting, budgeting, or personnel management.
- Assisted in recruiting, hiring and training of team members.
- Anything else that is under the umbrella of finance and accounts.
Hubilo Technologies Inc
Finance Controller
12.2021 - 10.2022
Job overview
- Handling the end-to-end activity in the controllership function
- Assisted in successful merger and acquisition activities by conducting comprehensive due diligence reviews.
- The company had raised around ~$140Mn and had to manage the funds to bring efficiencies in place
- Prepare the financial metrics and manage the operations of the company
- Ensure actuals are in line with the budgets
- Improved financial reporting accuracy by streamlining and automating data processing tasks.
- Variance analysis mapping on a periodical basis
- Implemented NetSuite ERp within 90 days from onboarding.
- Managed 4 people in the controllership function
- Reduced the DSO of the company
- Brought Cost cutting controls and reduced around $1Mn in monthly cash burn.
- Ensured timely submission of tax filings by maintaining up-to-date knowledge on tax regulations and working closely with external auditors.
- Have a track record of closing the month-end books by 3rd working day by implementing efficient reconciliation processes and procedures.
- Prepared balance sheets, cash flow reports and income statements.
Recko Technologies Inc
Senior Manager - Finance
07.2020 - 12.2021
Job overview
- Directly reporting to the CEO of the company
- Taking up tasks which are relevant for the point in time and ensuring that the requirements are met
- Handling preparation of financial statements of Recko USA and Recko India as per the relevant accounting principles like USGAAP and IGAAP
- Preparation of SaaS metrics and tracking metrics like CAC, LTV, Payback period, etc
- Preparation of MIS for the management and investors on a periodical basis
- Liaison with internal auditors for statutory, Tax and transfer pricing audits and filings
- Handling of investor requirements
- Preparation of Board decks for board meetings and All-hands
- Has set-up the Transfer pricing mechanisms and Entity structuring for the organization
- Preparation of Transfer pricing calculations and accounting for the same
- Handling the secretarial requirements of the company
- Management and filing of GST, TDS and other tax filings
- Improving Internal process controls on a real time basis
- Proven track record of NIL delays of filings of any compliances and taxes related aspects
- Guidance to Founders on the performance of the company and letting them know the areas of improvement required
- Handling the revenue recognition for the accounts receivables accounting
- Management of Intercompany fund movement transactions and related compliances
- Responsible for all other aspects like accounting, taxation, compliances, Treasury and anything under the umbrella of finance that are not mentioned above.
Chargebee Inc.
Manager - Finance
04.2019 - 06.2020
Job overview
- Addition to the tasks of previous designation, the below are added.
- Handling a team of five members
- Two people handle the Accounts Payable
- One person handles the General Ledger
- One person handles the Accounts Receivables and Compliances
- The third one is a Business Data Analyst
- Managing the team with respect to automating the works for better operational efficiencies
- Providing knowledge sharing on a quarterly basis on a new topic
- Setting targets and deadlines to measure the team's efficiency.
Chargebee Inc
Asst. Manager - Finance
08.2016 - 05.2021
Job overview
- Preparation of financial statements of legal entities under relevant IFRS standards for annual statutory audit.
- Annual report preparation as per USGAAP for group reporting purposes with supporting schedules.
- Liaison with statutory auditors and legal team to finalize the accounts at the year end.
- Preparation of board packs every quarter constituting Balance sheet, Profit & loss, Cash flow statement, Annual Budget and Notes on important transactions during the period under review.
- Preparing SaaS metrics for management reporting every month on the prescribe timelines.
- Preparing of financial Budgets every year.
- Preparing Budget Vs Actuals financial reports [Monthly, Quarterly and Annual.
- Enable Cost cutting mechanisms as per the metrics and performance of the company.
- Handling treasury of India and US entity.
- Liaison with GST department towards refund claim.
- Liaison with all the investors on their requirements on periodical basis.
- Key point of contact of any funding investments made.
- Handling the Transfer pricing requirements.
- Streamlining the internal process controls.
- Analysis of metrics and providing developing areas to address.
Financial Software and Systems (P) Ltd.
Senior Executive - Finance
03.2013 - 08.2016
Job overview
- Preparing Budgets
- Budgets Vs Actuals
- Preparing IGAAP financials of 6 overseas subsidiaries
- Preparing Revenue Registers
- Monthly Management Reports [PPT presentations]- Domestic and international business
- Transfer Pricing for 6 overseas subsidiaries
- Fund flow management for 6 Overseas subsidiaries
- Handling RBI compliances
- Debtor's management reports
- STPI compliance [Monthly, Quarterly and Annually]
- Processing International Payments and Receipts
- Resource cost allocation
- Collection Register
- Invoice raising, BRS and Accounting entries in the software
- International Travel - MIS
- Gross Margin Analysis
- Billing Analysis
- Handling Purchase Orders and Billing report
- Revenue recognition, Provisioning of Expenses during year end
- Handle Statutory and Internal Audits.
Education
Great Lakes Institute of ManagementChennai
MBA from Finance
Madras University
B.COM from Finance
Skills
Business Planning and Analysis
Accomplishments
- Paved a strategy change in Facilio during the times of market recession.
- Handles M&A in Recko's acquisition with Stripe as a single person.
- Received bonus from Chargebee on setting up world class process for Finance team.
- Created an internal expense tracker tool in Chargebee with help of an Engineer.
- Participation in Hackathons - Knowledge sharing.
- Appreciations received towards completion of many crucial activities in FSS
Timeline
Director - Finance and Accounts
Facilio Inc
10.2022 - Current
Finance Controller
Hubilo Technologies Inc
12.2021 - 10.2022
Senior Manager - Finance
Recko Technologies Inc
07.2020 - 12.2021
Manager - Finance
Chargebee Inc.
04.2019 - 06.2020
Asst. Manager - Finance
Chargebee Inc
08.2016 - 05.2021
Senior Executive - Finance
Financial Software and Systems (P) Ltd.
03.2013 - 08.2016
Great Lakes Institute of Management
MBA from Finance
04.2022
Madras University
B.COM from Finance
04.2011
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