Boris is the CFO of Cadasta Foundation—a software nonprofit startup in the land and property rights arena. Boris has positioned several companies for sale and has completed more than 10 M&A acquisitions, joint ventures, and merger transactions. In his free time, he enjoys challenging freelance projects that include due diligence, valuation, financial modeling, and analysis.
Formed the finance, accounting, administration, communications, human resources, donor management, and legal systems of the startup and currently lead these functions to support the scaling of the business.
Developed a 3-year budget and financial projections process that support strategic planning initiatives across functional teams and allowing the organization to easily compare actual results versus budget.
Designed and implemented a financial system to ensure that data is maintained in accordance with generally accepted accounting standards—leading to clean audit opinions every year of operations.
Established the human resources, legal, and operating systems and procedures that allow the organization to effectively manage a globally distributed team.
Monitored and analyzed the organization’s financial position and internal control environment; proactively identify risks and mitigating actions for the executive management team and board of directors.
Managed the financial reporting, projections, and operations of 3 business incubators including hotels, rail, and lounges that gategroup originated for the diversification of revenue streams.
Led the financial due diligence on 5 merger and acquisition deals that complemented organic growth of the business.
Built a direct labor cost model that was utilized for union labor negotiations affecting 6,500 employees.
Managed the financial turnaround of a gategroup company by streamlining revenue collection and reporting, designing tools that improved scheduling and productivity, and by performing labor rate analysis to curb employee turnover.
Led the design, implementation, and roll-out of a new budgeting system that achieved a greater level of granularity in financial reporting.
Focus areas: Financial Planning & Analysis (FP&A), Mergers & Acquisitions (M&A), Due Dilligence, Budgeting, Financial Modeling, Financial Data Analysis
2010 - 2013
Positioned the company for the successful sale to a private equity-owned company at a 16x EBITDA multiple.
Leveraged the acquisition of the company to help the private equity firm sell the entire business to Thomson Reuters.
Led the financial due diligence in mergers and acquisitions for 3 international software companies by analyzing revenue recognition methods, developing revenue and cost synergies, and structuring projection models to prepare company valuations.
Structured an international transfer pricing policy to improve the company’s tax liability position and to account for the transfer of intellectual property rights.
Directed the financial and accounting operations of the company, which included the Ukrainian and Bolivian software development offices, by overseeing budgets, forecasts, A/R, A/P, expense management, and bank reconciliations.