Mahen is a seasoned finance professional with 14+ years of experience in forecasting and M&A financial modeling for Fortune 100 clients such as Walgreens and Mondelez. He has supported 10+ M&A deals totaling ~$900 million, and also served as an Interim CFO to a high growth cloud and data analytics company. As a freelancer, he enjoys the freedom to work remote and leverage his skills in FP&A and M&A to help a wide variety of clients.
Designed and developed granular budgeting process from a regional level (42 regions) to location level (1100+ locations) that led to increased forecast accuracy and buy-in from field operations.
Led a cross-functional team to evaluate cloud-based corporate performance management (CPM) software. Evaluation process became the gold standard for crucial capital investment decisions.
Prepared a business case that included cost-benefit analysis, comparative product analysis, risk assessment and mitigation strategy for implementing the CPM solution.
Focus areas: Financial Planning & Analysis (FP&A), Budgeting, Business Intelligence (BI), Finance Process Improvement
Senior Management Consultant
2008 - 2015
Developed a 3-year income statement, cash flow, and balance sheet forecast for a start-up. Worked closely with acting CEO, business unit directors to create a 3-year forecast that led to key business strategy decisions.
Created a selling expense forecasting model for a major engine manufacturer utilized to benchmark against actual expenses.
Managed a team of seven analysts responsible for cash management and accounts receivable functions of 31 malls consisting of over 2500+ tenants.
Participated in the monthly close process, led monthly variance calls with business units to understand the drivers and prepare senior management reporting.
Led a cross-functional team to integrate accounting department processes of various acquisitions by designing and implementing a general ledger interface system that automated 90% of accounting processes, implemented over 18 months and saved several hundred hours of manual processing. Managed teams of consultants, client staff and external resources in executing the project plan and kept the project team and stakeholders abreast of the project status, timeline, and risks.
Performed over 10,500 hours of cross-functional project management, including project scoping and initiation, planning, budgeting, executing, and signing off deliverables. Experience encompassed a diverse range of projects including process re-engineering, software implementation and offshore/onshore outsourcing, and start-up forecasting.
Assisted with Workday Financials system implementation (testing and data validation) and PeopleSoft upgrade working closely with cross-functional teams.
Assisted the client to outsource cash management processes under record to report (R2R) approach. Processes were work shadowed, documented, reviewed and then transitioned. Conducted the post-go-live stabilization period consisting of monitoring, communicating, and gathering performance metrics.
Designed and led the development and implementation of an application tool (SFTP) to automate revenue, accruals, inter-company transfers, and cash collection files. This tool is still used by the client after eight years.
Improved daily cash collection process involving 15 bank accounts and hundreds of daily transactions (credit card payments, checks, ACH and wires), reducing errors and saving 10 hours of work per week.
Led development and training (webinars) of over one hundred finance/business personnel, across four regions, on new automated accounting processes.
Assisted the outsourcing team in Record to Report (RTR), trained the team in India, and troubleshot issues.
Consolidated 12 regional banking relationships into a single banking relationship with a national bank resulting in effective and efficient cash management processes.
Focus areas: Financial Planning & Analysis (FP&A), Financial Systems, Variance Analysis, Finance Process Improvement, Accounting Monthly Close Process, Inter-company Accounts, Financial System Implementation
Senior Financial Analyst
2006 - 2008
Forecasted sales and gross margin for a $400 million business comprising of layaway, restaurants and gas stations.
Improved discontinued inventory reporting process using Access leading to savings of 2 hours per week.
Prepared company level analysis of monthly revenue, gross margin and inventory KPIs leading to more focussed discussion on variances.
Focus areas: Financial Planning & Analysis (FP&A)
Master of Business Administration (MBA) degree in Finance
2002 - 2004
Indiana University - Kelley School of Business - Bloomington, IN