About Us
Gyanesh Changlani
With 15+ years of finance experience, Gyanesh is a successful CFO for 4 US and Canadian based e-commerce businesses. He has experience as a finance manager for multinationals including Toyota UAE, XPO Logistics, Landmark Group and Avis Rental Car. As a finance consultant, he enjoys helping clients with strategic business decisions, cash flow forecasting, valuation, developing financial procedures, assisting with corporate finance, and structuring investment decisions.
our partner
Industry Experience
- E-Commerce
- Automotive
- Retail
- Marketing
- Events Management
- Equity Research
Key Competencies
- Cash Flow Forecasting
- Financial Planning & Budgeting
- Process Improvements
- Pricing Analysis
- Customer data analysis
- Incentive scheme design
- Financial Control
- Management reporting
- Bookkeeping Supervision
Geographic Experience
- USA, Canada, India, UAE
Education
Bachelor’s degree in Computer Engineering
Mumbai University – Mumbai, India
2001 – 2006
Master of Business Administration (MBA) degree in Finance
S.P. Jain School of Global Management – Singapore
2011 – 2012
Certifications
CFA Level III Candidate
CFA Institute
AUGUST 2009 – PRESENT
Employment
CFO
2020 – Present
Endless Events LLC, Buybackboss.com, Eldercare Digital
Endless Events LLC · 2020 – Present
- 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 which also reduced the 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.
Finance Manager
Buyback Boss – 2020 – Present
Business Finance Consultant
Toptal LLC · 2020 – Present
Manager of Financial Planning & Analysis (FP&A)
2018 – 2020
XPO Logistics
- Built financial models for each of the business areas 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)
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 with the legal team with any matters regarding finance.
Focus areas: Strategic Planning & Execution, Cash Flow Forecasting, Management, Audits, Controller, Cost Management, Finance Strategy, Finance Systems, Financial Planning & Analysis (FP&A)
Finance Manager
Buyback Boss – 2020 – Present
- 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 forecasted 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 new incentive scheme for sales staff to increase growth, generating high-quality financial analysis and presentations to analyze business performance and objectives as well as examining 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)
Equity Analyst
2006 – 2011
Intime Spectrum
- 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
Business Finance Consultant
Toptal LLC · 2020 – Present
- 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