AANAND SHAH
New York,NY
Summary
Seasoned Finance and Accounting Professional with a strong background in all aspects of accounting and financial management. Experience in budgeting, strategic planning, and accounting with a proven ability to compile and analyze data to provide accurate and timely insights to support informed decision-making. Passionate about supporting company operations through analysis of key performance indicators and trends.
Overview
4
4
years of professional experience
Work History
Finance Intern
Kids In The Game
06.2023 - Current
- Reconciled accounts receivable and accounts payable data by matching invoices, billing statements, and purchase orders, identifying discrepancies, improving AR turnover ratio by 10% over 3 months, and reducing company expenses by $20,000/month
- Prepared comprehensive presentations for external investors by portraying revenue reports and company growth, contributing to improved investor confidence and engagement.
- Designed a new budgeting and forecasting process for the upcoming fiscal year by analyzing revenue breakdown, operating expenses, cost of goods sold, payroll, and taxes to increase profit by 5%
- Improved financial forecast accuracy by 25% by conducting variance analysis by comparing current year actuals with forecasts to identify areas of financial strength and opportunities for improvement
Financial Analyst
Austin Technology Incubator
06.2022 - 05.2023
- Spearheaded the creation and management of a robust database encompassing investor data from over 500 alumni companies spanning over 30 years.
- Analyzed the cash flow, revenue projections, AR/AP reports, and capitalization tables of over 100 startup applicants to determine and mitigate financial risks, resulting in a funding success rate of 25%.
- Met with top management weekly to review profit & loss metrics and facilitate data-driven decisions aligned with business strategies and objectives through developing reports and ad-hoc analyses.
- Improved cost efficiency of member companies by 15% through budget analysis, sales forecasting, and market assessments.
Accounting Intern
Fairmate Chemicals Pvt. Ltd
03.2020 - 08.2020
- Compiled and analyzed five-year financial datasets to generate year-end financial statements, facilitating comprehensive historical comparisons.
- Identified and rectified variances within digital and physical records, increasing the data consistency by 10%.
- Collaborate closely with the FP&A department to define organizational objectives for the upcoming fiscal year.
- Achieved a 20% increase in efficiency by streamlining finances needed by the production department into one weekly report.
Education
Bachelor of Business Administration - Finance, Computer Science
The University of Texas
05.2023
Skills
- Financial Modelling
- Forecasting
- Budget Development
- GAAP Principles Expertise
- Microsoft Excel (VLOOKUP, Conditional Formatting, Data Analysis)
- KPI Management
- Python (Pandas, data structures)
- SQL
Additional Information
- HONORS , BBA University Honors Fall 2019, Spring 2020, Fall 2020
Timeline
Finance Intern
Kids In The Game
06.2023 - Current
Financial Analyst
Austin Technology Incubator
06.2022 - 05.2023
Accounting Intern
Fairmate Chemicals Pvt. Ltd
03.2020 - 08.2020
Bachelor of Business Administration - Finance, Computer Science
The University of Texas