George Shapovalov, CFA

George Shapovalov, CFA

Berkeley, CA, United States
Member since November 30, 2017
George, a former Citibank banker, has 16 years of experience executing $2+ billion in debt, equity, and M&A transactions for public and private companies across a variety of industries. He's an independent consultant who helps clients with corporate finance, capital raising, and M&A for growth as well as turnarounds. George enjoys both advising C-level executives of public companies and smaller private businesses to help them achieve their goals.
George is now available for hire
Career Highlights
Education
Case studies
Industry Expertise
  • Energy
  • Technology
Other Expertise
  • Cash Flow Forecasting
  • Due Diligence
  • Financial Statements
  • Investment Analysis
  • P&L Forecasting
Employment
  • CFO
    2019 - PRESENT
    Yva.AI, Inc.
    • Oversaw and had full responsibility for all financial operations of the company including FP&A, budgeting, reporting, KPI dashboard, investor relations, risk management, compliance, legal, HR, and compensation.
    • Closely worked with the sales team on major accounts management, partnerships, and marketing campaigns profitability evaluation, pipeline management, and revenue forecasting.
    • Partnered with all departments to ensure efficient strategic capital allocation, collaborating on building efficient processes and establishing clear policies and procedures that support business growth.
    • Achieved $350,000 in incremental annual cash savings by utilizing R&D tax credits and introducing treasury management practices.
    • Built a new budget model incorporating four business entities in three countries, different business segments, different tax regimes, aggregation into a global P&L, variance analysis, and reports.
    • Constructed a model for SaaS sales recognition, partnership fee schedules, and sales commission calculations.
    • Prepared the company for due diligence and audit, organized data room (500+ documents), worked with the legal counselor on the SPA and negotiated terms and conditions with the investors.
    • Helped the sales team to quantify the profitability of partnerships using Monte Carlo simulation.
    • Established good corporate governance practices and introduced financial discipline at the company.
    • Managed five direct and matrix reports; introduced a professional development plan for each of them.
    Focus areas: Finance, Strategy, Risk Management, Budgeting, Controls, Compliance, Governance, Human Resources (HR), Legal, Operations
  • Consultant
    2015 - PRESENT
    Independent Financial Consultant
    • Structured the transaction and built a cross-border acquisition model for a multibillion-dollar public domestic energy company (target); the buyer has engaged the target and a deal is pending.
    • Developed a leveraged acquisition model for a $100 million servicing company (target) which resulted in its acquisition.
    • Built a comprehensive valuation model of a healthcare services provider that enabled investment in the company.
    • Performed a statistical simulation of portfolio performance for a $1 billion fund which helped to attract serious interest from new investors.
    • Developed a sales projection and five-year budget (three financial statements) for a SaaS company, resulting in Series A funding.
    • Created a financial model for business growth decision analysis at a biotech startup.
    • Prepared a full operating model for a technology hardware company with global supply chain which enabled the fundraising process and resulted in VC funding.
    • Performed due diligence and a financial analysis as well as interviewed the management of small- and medium-sized companies to value acquisition attractiveness.
    Focus areas: Mergers & Acquisitions (M&A), Business Strategy, Capital Structuring, Cash Flow Forecasting, Due Dilligence, Equity Research, Financial Modeling, Financial Planning & Analysis (FP&A), Financial Statement Analysis, Industry Research, Investment Analysis, Investment Portfolio Management, Leveraged Buyout Model, Market Research, Monte Carlo Simulation, P&L Forecasting, Portfolio Analysis, Project Finance, Risk Management, Valuation
  • Vice President
    2010 - 2015
    Citibank
    • Structured the $450 million debt financing for a private multi-national company with more than $1 billion in sales.
    • Modeled and structured $650 million syndicated debt financing for a domestic public consumer company.
    • Analyzed and structured four M&A transactions for acquisitions of private companies operating in the servicing, retail, and energy industries with up to $100 million in value.
    • Performed a business analysis by assessing the corporate strategy and competitiveness, researching industry dynamics and cycles, identifying the value creation mechanisms, and reviewing the regulatory landscape.
    • Evaluated the earnings quality and operating cash flow sustainability based on GAAP and IFRS financial reports, assessed the reporting quality, and rebuilt the statements to identify misclassifications and irregularities.
    • Constructed an income statement, balance sheet, and cash flow statements to forecast future cash flow for public and private companies in the industrials, services, energy, consumer goods, and technology sectors with revenues between $200 million and $2 billion; valued companies using DCF, comparable companies, acquisition precedents, and/or sum-of-the-parts analyses.
    Focus areas: Business Strategy, Capital Markets, Capital Structuring, Cash Flow Forecasting, Credit Risk, Debt Structuring, Due Dilligence, Equity Research, Financial Modeling, Financial Planning & Analysis (FP&A), Financial Statements Analysis, Industry Research, Investment Analysis, Investment Portfolio Management, Leveraged Buyout Model, Lending, Market Research, Mergers & Acquisitions (M&A), P&L Forecasting, Portfolio Analysis, Project Finance, Risk Management, Transaction Structuring, Valuation
  • Summer Investment Associate
    2009 - 2009
    Grey Energy Management
    • Created a financial valuation model for a $20 million co-generation project which consisted of modeling the capital structure and debt repayment, performing project due diligence, and analyzing the risks using Monte Carlo simulation and sensitivity analysis.
    • Interviewed the top management of 32 major US companies with regard to their needs in renewable energy and co-generation solutions.
    Focus areas: Capital Markets, Capital Structuring, Cash Flow Forecasting, Credit Risk, Due Dilligence, Equity Research, Financial Modeling, Industry Research, Investment Analysis, Market Research, Monte Carlo Simulation, Project Finance, Risk Management, Transaction Structuring, Valuation
  • Risk Management Consultant
    2005 - 2007
    Experian Decision Analytics
    • Consulted banks on portfolio risk management and helped clients prevent a combined total of $350 million in potential losses.
    • Modeled the portfolio performance and risks using Monte Carlo simulation which consisted of developing risk management frameworks and decision analytics processes.
    Focus areas: Business Strategy, Computer Modeling, Credit Risk, Due Dilligence, Investment Analysis, Investment Portfolio Management, Lending, Monte Carlo Simulation, Portfolio Analysis, Quantitative Analysis, Risk Management, Valuation
  • Project Finance Manager
    2004 - 2005
    Rosan Finance
    • Organized and managed three $3-6 million debt financing transactions for infrastructure projects in telecommunications and transportation; was involved in all parts of the process from the preparation of the initial investment proposal to the closing financing with banking syndicate.
    • Built project financing models and performed financial analysis for debt repayment and profitability; forecasted the cash flow and identified the default risk.
    Focus areas: Capital Markets, Capital Structuring, Cash Flow Forecasting, Credit Risk, Due Dilligence, Financial Modeling, Financial Planning & Analysis (FP&A), Industry Research, Investment Analysis, Market Research, P&L Forecasting, Project Finance, Risk Management, Transaction Structuring, Valuation
  • Senior Financial Analyst
    2003 - 2004
    Bank Elektronika
    • Analyzed the financial statements and performed due diligence on companies in the construction, manufacturing, and telecommunications sectors; prepared projections for companies’ ability to service debt.
    • Monitored the portfolio companies’ performance; adjusted the risk ratings based on the qualitative assessment and quantitative analysis.
    Focus areas: Business Strategy, Capital Markets, Capital Structuring, Cash Flow Forecasting, Credit Risk, Debt Structuring, Due Dilligence, Financial Modeling, Financial Planning & Analysis (FP&A), Financial Statements Analysis, Industry Research, Investment Analysis, Investment Portfolio Management, Lending, Market Research, P&L Forecasting, Portfolio Analysis, Risk Management, Transaction Structuring
  • Senior Research Analyst, Physics Department
    1998 - 2003
    Lomonosov Moscow State University
    • Published three scientific papers on the formation and propagation of self-reinforcing electromagnetic waves (solitons) and presented at several national and international conferences.
    • Introduced a new algorithm for numerical simulations which substantially decreased the calculation/modeling time from weeks to days without a loss of precision and quality of simulation.
    Focus areas: Quantitative Analysis, Scientific Research, Computer Modeling, Monte Carlo Simulation
Education
  • Chartered Financial Analyst (CFA) in Finance
    2015 - 2017
    CFA Institute - Charlottesville, VA, USA
  • Master of Business Administration degree (MBA) in Finance
    2008 - 2010
    Darden School of Business, University of Virginia - Charlottesville, VA, USA
  • Master's degree in Physics
    1999 - 2001
    Lomonosov Moscow State University - Moscow, Russia
  • Bachelor's degree in Physics
    1995 - 1999
    Lomonosov Moscow State University - Moscow, Russia

To view more profiles

Join Toptal
I really like this profile
Share it with others