George Gvazava, CFA, ACCA, Finance Expert in Tbilisi, Georgia
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George Gvazava, CFA, ACCA

Verified Expert  in Finance

Bio

George brings diverse finance expertise from his roles at Deloitte, Galt & Taggart (the largest investment bank in Georgia), CryptX Group, and most recently, Bank of Georgia Group (an LSE-listed entity). He has advised companies in the technology, energy, oil and gas, and banking sectors, with total assets ranging from $10 million to over $1 billion. George was nominated by Forbes Georgia in "30 Under 30: Finance," and he enjoys helping clients navigate their most challenging finance projects.

Career Highlights

CFO
CryptX

Education Highlights

Master of Business Administration (MBA)
Bank of Georgia University

Certification Highlights

ACCA
Association of Certified Chartered Accountants

Case Studies

Work Experience

Chief Crypto Officer | Deputy Chief Digital Officer

2023 - PRESENT
Bank of Georgia Group
  • Led research, analysis, and experimental initiatives to unlock the strategic potential of crypto and blockchain technology within the bank.
  • Functioned as the primary point of contact for multiple departments, including finance, legal, AML, CB, and marketing, serving as the go-to expert for addressing and resolving crypto-related inquiries and challenges.
  • Conducted comprehensive company-wide training and knowledge-sharing sessions on crypto and blockchain, ensuring widespread understanding and alignment with the organization's objectives.
Focus areas: Crypto, Cryptocurrency, Blockchain, Blockchain & Cryptocurrency, Digital Product Management, P&L Management, Team Management

CEO

2020 - 2023
CryptX Terminal
  • Envisioned and developed a variety of portfolio products in the blockchain and cryptocurrency industries.
  • Oversaw all operations and business activities to ensure they produced the desired results and were consistent with the overall strategy and mission.
  • Accelerated profitability and growth by establishing an extensive network of partners and optimizing service utilization.
Focus areas: Investor Presentations, Investor Relations, Revenue & Expense Projections, Financial Data, Risk Analysis, B2B, Cryptocurrency Exchanges, Blockchain & Cryptocurrency, Cryptocurrency Wallets, Cryptocurrency, Crypto, Bitcoin, Ethereum, Blockchain, Blockchain Platforms, Startups, Tokenomics, SaaS, Pitch Decks, Early-stage Funding, Utility Tokens, Growth Strategy, Startup Growth Strategy Development, Business Development, Strategy, Fintech, Accounting, High-tech Startups, Cryptoeconomics, Treasury Management, Investor Reporting, Accounts Payable, Accounts Receivable, Payroll & Benefits, Tax Planning, Web3, Pitch Deck Consultant, Storytelling

CFO

2019 - 2020
CryptX
  • Co-led the group's international expansion and oversaw the subsidiaries' financial operations.
  • Established the financial risk management policy from scratch. It was based on internal quantitative data and external market data and used daily by risk managers.
  • Championed the leadership and development of a high-performance team, meticulously assessing performance metrics, identifying training needs, and implementing strategic plans to enhance overall productivity and efficiency.
  • Set up the financial planning and analysis (FP&A) function that supported the managerial decision-making process.
Focus areas: Part-time CFO, Three-statement Modeling, Financial Reporting, Investor Relations, Virtual CFO, Interim CFO, Revenue & Expense Projections, Fractional CFO, Venture Capital, Reporting, PV Analysis, Rolling Forecasts, Financing, B2C, Financial Data, Budgeting, Capital Budgeting, Risk Analysis, Forecasting, DCF Modeling, Financial Statements, Budget Modeling, Ratio Analysis, Fintech, Cash Management, CFO, Crisis Management, Cryptocoin Mining, Cryptocurrency Wallets, Cryptocurrency Exchanges, P&L Forecasting, P&L Management, Team Management, Financial Risk Management, Financial Management, Financials, Crypto, Blockchain & Cryptocurrency, Bitcoin, Ethereum, Blockchain, Blockchain Platforms, Startups, Tokenomics, Pitch Decks, Early-stage Funding, Utility Tokens, Growth Strategy, Startup Growth Strategy Development, Business Development, Strategy, Accounting, High-tech Startups, Cryptoeconomics, Treasury Management, Investor Reporting, Accounts Payable, Accounts Receivable, Payroll & Benefits, Tax Planning, Web3, Pitch Deck Consultant, Storytelling

Visiting/Invited Lecturer

2019 - 2020
Grenoble Ecole de Management
  • Taught a financial and management accounting course to second-year students from 30+ countries enrolled in the Bachelor in International Business (BIB) program.
  • Focused lectures on the vital link between theory and practice that needs to be understood and implemented in the corporate world.
  • Advised and assisted students in developing strategies for their early-stage startups, provided contacts to potential VC investors, and helped them raise funds.
Focus areas: Venture Capital, PV Analysis, Financing, Financial Data, Financial Statements, Software as a Service (SaaS), Early-stage Venture Capital, Online Tutoring, Tutoring, Lecturing, Startup Funding, Early-stage Startups, Startups, Fundraising, Management Accounting, Financial Accounting

Investment Banking Senior Analyst | Associate

2017 - 2019
Galt & Taggart
  • Developed financial models to value equity for mergers, acquisitions, and capital raising transactions with a total value of $500+ million.
  • Co-led issuances of public bonds by local corporations and international financial institutions with a combined value of $1+ billion.
  • Advised clients on optimal capital structures for their businesses and helped them restructure $100+ million in total assets.
  • Participated in the valuation of the largest provider of online gambling services in Georgia.
  • Trained the team of interns on various corporate finance-related subjects.
Focus areas: Three-statement Modeling, Investor Presentations, Investor Relations, Fintech Consultant, Real Estate, Revenue & Expense Projections, M&A Modeling, PV Analysis, Financing, Financial Data, Financial Services, Fundamental Analysis, Leases, M&A (Sell-side), M&A (Buy-side), Mezzanine, DCF Modeling, Financial Statements, Budget Modeling, Ratio Analysis, Cash Flow Modeling, Real Estate Development, Gambling, Financial Analysis, Valuation, Capital Structuring, Fundraising, Mergers & Acquisitions (M&A), Financial Modeling, Investment Banking, Accounting, Storytelling

Project Manager and Financial Analyst

2017 - 2017
Municipal Development Fund of Georgia
  • Managed municipal developmental projects funded by the World Bank with a total value of $100+ million.
  • Assisted stakeholders (government, municipalities, contractors, and the World Bank) in initiating and executing projects.
  • Prepared financial and economic analyses for proposed projects and evaluated potential financial, economic, and social impacts.
Focus areas: Revenue & Expense Projections, PV Analysis, Financial Data, Fundamental Analysis, Ratio Analysis, Financial Analysis, Project Management, Economic Analysis, Investment Portfolio Management, Local & Municipal Government

Financial Auditor

2015 - 2017
Deloitte
  • Participated in the financial audit of Georgia's major player in the energy sector with $200+ million in total assets and $250 million in revenue.
  • Served as the auditor-in-charge, leading the audits of Georgia's two largest players in the oil and gas sector.
  • Analyzed the internal control system of a Georgian conglomerate operating in business sectors such as renewable energy, education, mining, and technology. Provided management with recommendations to address the deficiencies identified.
Focus areas: Financial Reporting, Revenue & Expense Projections, Reporting, IFRS Accounting, Financial Data, Financial Statements, Financial Analysis, IFRS Consolidation, Group Reporting IFRS, Audits, Telecommunications, Retail & Wholesale, Renewable Energy, Oil & Gas, Banking & Finance, Accounting, US GAAP
2015 - 2017

Master of Business Administration (MBA) in Finance

Bank of Georgia University - Tbilisi, Georgia

2011 - 2016

Bachelor of Business Administration (BBA) Degree in Finance

Caucasus University - Tbilisi, Georgia

2014 - 2015

Bachelor in International Business (BIB) Degree in Finance and Accounting

Grenoble Ecole de Management - Grenoble, France

AUGUST 2021 - PRESENT

Chartered Financial Analyst (CFA)

CFA institute

APRIL 2020 - PRESENT

Financial Modeling & Valuation Analyst (FMVA)

Corporate Finance Institute

JUNE 2019 - PRESENT

ACCA

Association of Certified Chartered Accountants

Finance

Corporate Finance, Management Accounting, DCF Valuation, Equity Valuation, Financial Modeling, M&A Modeling, Financial Planning & Analysis (FP&A), CFO, Revenue & Expense Projections, Forecasting, Cash Management, Ratio Analysis, Cash Flow Modeling, Financial Reporting, Three-statement Modeling, Blockchain, Accounting, Valuation, Financial Management, Comparable Company Analysis, Financial Model Auditing, M&A (Sell-side), M&A (Buy-side), Mergers & Acquisitions (M&A), Risk Analysis, Mezzanine, Financial Accounting, P&L Forecasting, Budgeting, Capital Budgeting, Fundamental Analysis, Fundraising, Transaction Modeling, Investment Portfolio Management, Startup Funding, Capital Structuring, Wealth Management, Tax Planning

Industry Expertise

Bitcoin, High-tech Startups, Banking & Finance, Oil & Gas, Renewable Energy, Telecommunications, Leases, Financial Services, Tokenomics, Financial Markets, Retail & Wholesale, Early-stage Startups, Venture Capital, Real Estate Development, Real Estate

Data & Analysis Software

Financial Data

Output Software

Microsoft Excel, Microsoft PowerPoint

Other

Financial Statement Preparation, Financial Risk Management, Precedent Transaction Analysis, Financial Analysis, Transaction Comparables, Interim CFO, Virtual CFO, Group Reporting IFRS, IFRS Consolidation, Blockchain & Cryptocurrency, Crypto, P&L Management, Lecturing, Tutoring, Online Tutoring, Cryptocurrency Exchanges, Cryptocurrency Wallets, IFRS Accounting, Cash Flow Management, Reporting, Fractional CFO, DCF Modeling, Budget Modeling, Part-time CFO, Ethereum, Business Development, Strategy, Cryptoeconomics, Treasury Management, Investor Reporting, Accounts Payable, Accounts Receivable, Payroll & Benefits, Storytelling, PV Analysis, Audits, Investment Banking, Equity Investment, Startups, Financials, Team Management, Fintech, Rolling Forecasts, B2C, Financing, Fixed Income, Blockchain Platforms, Utility Tokens, Growth Strategy, Startup Growth Strategy Development, Auditing, Controls Assurance, US GAAP, Web3, Portfolio Management, Bonds, Transaction Advisory, Local & Municipal Government, Economic Analysis, Project Management, Gambling, Cryptocoin Mining, Crisis Management, Early-stage Venture Capital, Cryptocurrency, Software as a Service (SaaS), Fintech Consultant, B2B, Financial Statements, SaaS, Pitch Decks, Early-stage Funding, Investor Relations, Investor Presentations, Economics, Derivatives, Alternative Investments, Digital Product Management, Pitch Deck Consultant

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