Gaurav Shastri, Finance Expert in Ahmedabad, Gujarat, India
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Gaurav Shastri

Verified Expert  in Finance

Finance Expert

Location
Ahmedabad, Gujarat, India
Toptal Member Since
January 31, 2022

Gaurav is a financial professional and CA with 18 years of experience, specializing in financial modeling and valuations. He has also overhauled a financial reporting system and introduced budgetary controls that led to significant cost reductions and more effective reporting. Gaurav leverages his analytical skills and a results-driven mindset to analyze and help business owners optimize complex business models and processes. He has a master's degree in finance and economics.

Career Highlights

Fractional CFO
Energy Mission Machineries Pvt (Self-employed)
CFO
Self-employed
Finance Controller
Vimit Converters Ltd

Education Highlights

Master's Degree
Institute of Chartered Accountants of India

Certification Highlights

Certificate in Forensic Accounting and Fraud Detection
Institute of Chartered Accountants of India
Diploma in Information Systems Audit
Institute of Chartered Accountants of India
Certificate of Insurance Broking
Insurance Regulatory Development Authority of India

Case Studies

Work Experience

Fractional CFO

2016 - PRESENT
Rising Venture Services
  • Prepared a detailed valuation report with due diligence for mergers and acquisitions and technology transfer cases for the Start Up Europe India Summit participants. It resulted in successful international business deals between entities.
  • Visited multiple countries for international business acquisition and joint ventures for Construction Industry cluster. Prepared a detailed due diligence report, market research and valuation for a potential target unit, including technology transfer.
  • Raised equity and debt for startups in the technology, edtech, marketplace, finance, software, and service industry.
Focus areas: Mergers & Acquisitions (M&A), Technology Transfer, Startups, Fund of Funds, Renewables, Green Energy, Networking, Service, International Commerce, International Finance, Valuation, Market Research, Growth Strategy, Growth Strategy Consultants, Startup Growth Strategy Development, B2B Sales Pipeline, B2B Partnerships, Leveraged Buyout (LBO), Leveraged Buyout Modeling, Private Equity, Financial Advisory, Microsoft Excel, RiskMetrics

Fractional CFO

2012 - PRESENT
Energy Mission Machineries Pvt (Self-employed)
  • Oversaw the acquisition of target companies that increased market valuation by 45%. The post-acquisition company became one of the top three in terms of market share in its industry segment in India.
  • Implemented process mapping and KPIs, resulting in a 3% increase in the profit margin. Reduced working capital needs by 10% and boosted the profit margin by 2% through budget controls, forecasting, and better strategic finance management.
  • Hired an experienced production planning and control (PPC) and purchase manager who improved cost savings and efficiency by 5%.
  • Raised debt and equity with better leverage, reducing the weighted average cost of capital (WACC) by 3%. Prepared a DCF analysis and arrived at a valuation to raise equity.
Focus areas: Mergers & Acquisitions (M&A), Budget Controls, Financial Planning & Analysis (FP&A), Administration, Key Performance Indicators (KPIs), Process Mapping, Debt Raises, Equity Raises, Analytics, Revenue Modeling, Forecasting, P&L Analysis, Balance Sheet Optimization, Valuation, Discounted Cash Flow (DCF), Variance Reporting, Strategy, Valuation Modeling, Business Strategy, Debt, Term Loans, Management Consulting, Business Models, Business Modeling, Process Design, Work Process Design, Customer Journeys, Roadmaps, Workflow, Journey Mapping, M&A Modeling, M&A (Buy-side), M&A Reporting, Investment Banking, Business Development, Cash Flow, Cash Flow Modeling, Cash Flow Analysis, Cash Flow Management, CAPEX, CAPEX Budgeting & Inventory Management, Operating Expenses (OPEX), Microsoft Power BI, BI Reporting, Reporting, MIS Reporting, SAP, Accounts Receivable, Financial Restructuring, Restructuring, Debt Restructuring, Financial Analysis, Microsoft Excel, Data Science, RiskMetrics, Project Finance, Competitive Analysis, Accounts Payable

CFO

2006 - PRESENT
Self-employed
  • Oversaw the acquisition of a competitor, which increased market share by 20% and valuation by 10%.
  • Prepared detailed budgetary controls and monitored KPIs that helped the entity improve cash flow planning and reduce overall costs by 20%.
  • Built financial models and valuations based on discounted cash flow and other modeling methods. Built Interactive Dashboard for Management Information System.
  • Performed analytics to improve leverage and profitability by 2% through efficient working capital management.
  • Increased profitability by 3% by reengineering a business process and closing gaps, which increased transparency, controls, and efficiency.
Focus areas: Mergers & Acquisitions (M&A), Budget Controls, Funds Flow, Debt Raises, Equity Raises, Valuation, Accounts, Audits, Analytics, Financial Modeling, Key Performance Indicators (KPIs), MIS Reporting, Financial Planning & Analysis (FP&A), Working Capital Management, Valuation Modeling, Business Strategy, CFO, Virtual CFO, Fractional CFO, Controller, Debt, Term Loans, Startup Funding, Pitch Decks, Pitch Deck Consultant, Fundraising, Fundraising Consultant, Seed Fundraising, Series A, Series B, Data Analysis, Data Analytics, Dashboards, Dashboard Design, Interactive Dashboards, Financial Reporting Dashboards, Finance Director, Interim CFO, Interim Finance Director, Interim Controller, Interim Financial Controller, Analysis of Variance (ANOVA), Accounting, Cost Accounting, Activity-based Costing, Cost Analysis, P&L Analysis, P&L Forecasting, Profit & Loss (P&L), P&L Management, IRR, Financials, Financial Advisory, Financial Ratios, Financial Model Auditing, Financial Analysis, QuickBooks Online, Microsoft Excel, Python, Options Trading, Futures & Options, Jupyter, Data Science, RiskMetrics, Tax Credits, Certified Public Accountant (CPA), Energy, Accounts Payable

Finance Controller

2003 - 2006
Vimit Converters Ltd
  • Increased the profit margin by 2% while overseeing accounts, cash flow planning, budgetary controls, and inventory controls.
  • Introduced the QuickBooks ERP solution and automated processes to improve efficiency.
  • Increased the profit margin by 1% by managing debt finance raises for capital project expansion and performing working capital management to improve leverage.
Focus areas: Accounts, Audits, Analytics, MIS Reporting, Cash Flow, Budget Controls, Inventory, Debt Raises, Working Capital Management, Debt, Loans, Term Loans, Financial Restructuring, Restructuring, Debt Restructuring, Financial Analysis, Microsoft Excel, Accounts Payable
2000 - 2002

Bachelor's Degree in Law and Justice Administration

Gujarat University - Gujarat, India

1998 - 2002

Master's Degree in Finance and Economics (Chartered Accountant)

Institute of Chartered Accountants of India - New Delhi, India

1997 - 2000

Bachelor's Degree in Statistics and Accounts

Gujarat University - Gujarat, India

DECEMBER 2019 - PRESENT

Certificate in Forensic Accounting and Fraud Detection

Institute of Chartered Accountants of India

DECEMBER 2017 - PRESENT

Diploma in Information Systems Audit

Institute of Chartered Accountants of India

MAY 2009 - PRESENT

Microsoft Project Management Consulting

PMP

MAY 2007 - PRESENT

Certificate of Insurance Broking

Insurance Regulatory Development Authority of India

Finance

Budget Controls, Financial Modeling, Funds Flow, Discounted Cash Flow (DCF), Accounting, Financial Planning & Analysis (FP&A), Working Capital Management, Cash Flow, Cash Flow Modeling, Profit & Loss (P&L), Balance Sheets, Cash Flow Forecasting, Chartered Accountant (CA), Fundraising, Revenue Modeling, Forecasting, Budgeting, Revenue & Expense Projections, Valuation Modeling, CFO, Controller, International Finance, Revenue Leakage, Cost of Capital, Debt, Term Loans, Startup Funding, Seed Fundraising, M&A Modeling, M&A (Buy-side), M&A Reporting, Leveraged Buyout Modeling, Operating Expenses (OPEX), Financial Advisory, Data Analysis, P&L Forecasting, Financial Model Auditing, Financial Restructuring, Debt Restructuring, Tax Credits, Certified Public Accountant (CPA), Project Finance, Mergers & Acquisitions (M&A), Debt Raises, Equity Raises, Valuation, Due Diligence, Fund of Funds, Market Research, Series A, Series B, Private Equity, RiskMetrics

Data & Analysis Software

QuickBooks Online, Intuit QuickBooks

Industry Expertise

Energy

Output Software

Microsoft Excel

Other

Finance, Economics, Business Analysis, Accounts, Audits, Analytics, Fractional CFO, Startups, Administration, Process Mapping, P&L Analysis, Balance Sheet Optimization, Variance Reporting, Strategy, Financing, Pitch Decks, Virtual CFO, Renewables, Green Energy, Networking, Service, Budget Modeling, Cash Flow Analysis, Costing, Analysis of Variance (ANOVA), Profit Maximization, Loans, Management Consulting, Business Models, Business Modeling, Process Design, Work Process Design, Roadmaps, Workflow, Fundraising Consultant, Investment Banking, Cash Flow Management, CAPEX, CAPEX Budgeting & Inventory Management, Reporting, Accounts Receivable, Data Analytics, Dashboards, Dashboard Design, Interactive Dashboards, Financial Reporting Dashboards, Finance Director, Interim CFO, Interim Controller, Interim Financial Controller, Cost Accounting, Activity-based Costing, Cost Analysis, P&L Management, IRR, Financials, Financial Ratios, Restructuring, Financial Analysis, Data Science, Competitive Analysis, Accounts Payable, Business Law, Forensic Analysis, IT, Information System Audits, Statistical Analysis, Key Performance Indicators (KPIs), MIS Reporting, Inventory, Business Strategy, Technology Transfer, International Commerce, Customer Journeys, Journey Mapping, Pitch Deck Consultant, Business Development, Growth Strategy, Growth Strategy Consultants, Startup Growth Strategy Development, Leveraged Buyout (LBO), Microsoft Power BI, BI Reporting, SAP, Interim Finance Director, Options Trading, Futures & Options, Enterprise Resource Planning (ERP), Resource Management, Forensic Accounting, IT Audits, Insurance Broking, Insurance Eligibility, P&C Insurance, Insurance Eligibility & Coverage Verification, Property Insurance, B2B Sales Pipeline, B2B Partnerships, Python, Jupyter, Fraud Detection

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