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
Controllership
Mergers and Acquisition
Equity and Debt fund raising
Business SaaS metrics
Investor Relations
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