Riddhi Shah
Vice President
Pune
Summary
Results-driven and highly motivated finance leader with over 15 years of experience in finance transformation, financial risk management, and strategic project leadership, specifically in the fintech industry. Proven expertise in driving financial strategy, process improvements, and risk management within fast-paced and rapidly growing organizations. Adept at leading cross-functional teams, managing complex projects, and enhancing governance and financial operations. Passionate about the fintech space with a keen ability to align financial goals with broader business objectives to ensure growth, efficiency, and sustainability.
Overview
17
17
years of professional experience
8
8
years of post-secondary education
4
4
Languages
Work History
Vice President & Head-Treasury
Earlysalary Services Pvt. Ltd.
01.2022 - Current
- Led fundraising efforts, including due diligence and investor relations support, helping secure key investments.
- Developed financial risk management strategies in collaboration with risk owners and stakeholders to identify, assess, and mitigate financial risks.
- Established and maintained key financial dashboards and risk reporting tools for executive decision-making and board-level presentations.
- Facilitated risk governance meetings and provided comprehensive reports to the CFO and board on financial performance and risk mitigation activities.
- Developed and sustained valuable relationships with investors, banks, underwriters, and arrangers, contributing to the seamless execution of financial transactions
- Formulated resource raising budgets by considering risk appetite, market conditions, cost-effectiveness, and regulatory compliance
- Coordinated with rating agencies, legal counsel, trustees, arrangers/underwriters, regulators, and internal teams to facilitate efficient fund-raising
- Proactively managing Asset Liability Management (ALM) and preparing Financial MIS, optimizing financial resources for positive outcomes
- Investor relation handling & providing key inputs to investor on timely basis
- Enhancement of Working capital Limits & effectively doing the cash flow management
- Conducted thorough analysis of interest rate risk and implemented effective asset and liability management strategies
- Successfully enhanced the credit rating of issued instruments through strategic financial initiatives and timely compliance
- Worked as Functional expert for creation of Inhouse Software for Treasury
AVP-Finance
Electronica Finance Limited
01.2019 - 01.2022
- Managed the budgeting process and assisted in budget preparation and monitoring for key departments, ensuring alignment with organizational goals.
- Worked closely with cross-functional teams including product, and operations to ensure cohesive financial strategies and objectives.
- Analyzed financial data and provided actionable insights to guide management’s decision-making on capital investments, resource allocation, and strategic projects.
- Supported the development and implementation of internal financial policies and procedures, ensuring alignment with industry standards and company risk strategy.
- Conducted financial modeling and used data analysis tools to evaluate business performance and identify areas for improvement.
AGM- Finance
Poonawala Fincorp (Erstwhile: Tab Capital Limited)
01.2017 - 12.2017
- Led finance transformation initiatives, including system upgrades, process automation, and enhancement of internal controls, resulting in improved efficiency and accuracy.
- Played a key role in financial reporting, risk management, and scenario modeling for executive decision-making.
- Worked closely with key stakeholders to optimize financial systems, improving reporting, forecasting, and overall financial visibility.
DGM- Finance & Accounts
Ketan Construction Limited
01.2012 - 12.2015
- Evaluating Long Term / strategic fund requirement & development of fundraising strategy, financial model
- Management of Working capital limits & Monitoring LC/ BG Limits
- Carrying out scenario analysis for Various Projects undertaken by Company
- Implementation and maintenance of policies & procedures for internal financial controls
- Taking Care of the regular compliance work with bankers, Taxation authorities
- ERP Implementation
AVP - Debt Syndication
K. Consultants
01.2009 - 01.2012
- Raising of funds through private equity placements & various debt instruments
- Liasoning with the bankers/ Venture Capital fund Managers
- Looking after the entire credit appraisal & due diligence process
Consultant
Mahajan & Aibara
01.2008 - 01.2009
- Worked as a consultant
- Worked upon the internal Audit & process improvement assignments of various listed entities
Education
Chartered Accountant -
ICAI
New Delhi 04.2004 - 03.2009
B.Com -
DAVV
Indore, Indore 07.2003 - 07.2006
MDP- Corporate Finance -
XLRI
01.2012 - 01.2012
Skills
- Financial Modeling & Data Analysis Tools
- Financial Risk Management
- Financial Systems Implementation & Process Improvement
- Strategic Planning & Scenario Modeling
- Financial Statement Analysis & Accounting Principles
- Budgeting & Financial Forecasting
- Governance & Compliance
- Leadership & Team Management
- Excellent Communication & Presentation Skills
Awards
- Exemplary Performance Award, 05/01/16, Within 6 Months of Joining EFL
- Exemplary Performance Award, 08/01/20, For the new product research carried during Covid period
- Ace of Initiative Award, 10/01/23
Linkedin Profile
https://www.linkedin.com/in/cariddhi-shah-22a2a114/
Timeline
Vice President & Head-Treasury
Earlysalary Services Pvt. Ltd.
01.2022 - Current
AVP-Finance
Electronica Finance Limited
01.2019 - 01.2022
AGM- Finance
Poonawala Fincorp (Erstwhile: Tab Capital Limited)
01.2017 - 12.2017
MDP- Corporate Finance -
XLRI
01.2012 - 01.2012
DGM- Finance & Accounts
Ketan Construction Limited
01.2012 - 12.2015
AVP - Debt Syndication
K. Consultants
01.2009 - 01.2012
Consultant
Mahajan & Aibara
01.2008 - 01.2009
Chartered Accountant -
ICAI
04.2004 - 03.2009
B.Com -
DAVV
07.2003 - 07.2006
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