Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
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RAKESH SAMAROO

Fort Mill,SC

Summary

Result-oriented strategic leader and experienced business professional. Objective-centric driving growth and shaping future of emerging technology. Identified a major problem and developed a FinTech solution which benefited three sectors of an economy. Disrupting the traditional way of payments. C-level consultant, skilled at collaborating with leadership teams, communicating with stakeholders, and training high performance teams. Brings a track record of success in leading and managing startup & established companies. Background managing multiple products from idea to market launch & monetization. With primary focus on the customer and end users while diversifying a brand on a global scale. Gained with experience in Restaurant ownership, Cell Phone store ownership and Business Development of a global cosmetics brand

Overview

16
16
years of professional experience

Work History

Startup Founder

Endcash
Miami, FL
10.2016 - Current
  • Devised organizational vision, mission and foundational structure to facilitate early growth.
  • Increased credibility and client awareness by developing marketing collateral and presentations and public relations campaigns.
  • Examined and conducted market analysis to discover target market and demographic audience.
  • Delegated assignments and responsibilities to department heads and supervisors.
  • Eliminated company bottlenecks, reduced financial obstacles and addressed work constraints to promote overall growth.
  • Analyzed operations to evaluate company performance, determining areas of potential improvement.
  • Delivered speeches and attended industry conferences to promote company image and engage with buyers.
  • Provided organizational leadership and collaborated with executive partners to establish long-term goals, strategies and company policies.
  • Hired, trained and mentored sales and marketing staff dedicated to employing Google AdWords, Google Analytics and other SEO techniques and metrics sources.
  • Developed long-range plans for business growth, resulting in 177% increase in annual usage.
  • Coordinated and directed budget and financial operations to increase efficiency and maximize investments.

Owner /Restaurant General Manager

Dolce Desserts
San Fernando, Trinidad & Tobago
08.2013 - 12.2023
  • Implemented quality assurance processes to ensure product excellence.
  • Reviewed legal documents related to business operations.
  • Developed policies and procedures for the organization.
  • Conducted performance reviews for employees on a regular basis.
  • Employed and managed vendors by negotiating deliverables, cost and expected quality.
  • Hired and trained new department managers to increase team oversight and productivity.
  • Negotiated with vendors to gain optimal pricing on products resulting in substantial increase in profit margin.
  • Created and implemented employee onboarding and training programs to promote employee retention and team collaboration.
  • Completed thorough opening, closing, and shift change functions to maintain operational standards each day.

Business Development Manager

Sacha Cosmetics
Freeport
01.2013 - 01.2021
  • Analyzed financial data to determine efficient use of resources.
  • Managed financial transactions involving general funds and contracts to reduce cashflow challenges.
  • Made estimates of funds required for short and long-term financial objectives of organization.
  • Reviewed financial projections relating to business and industry trends and identified areas requiring improvement.
  • Consolidated business data into actionable metrics to simplify and highlight areas of concern and opportunity.
  • Achieved proper mix of equity and debt to minimize cost and maximize operational profit.
  • Created and updated financial reports on a frequent basis to present information to leadership teams.
  • Analyzed actual financial results to budget, preparing variance reporting to functional groups.
  • Recommended new financial and accounting software packages. Replacing various non-integrated offerings.

Business Owner / MetroPCS Franchisee

Fones 2 Go
Fort Mill, USA
03.2008 - 06.2012
  • Kept records for production, inventory, income and expenses.
  • Interviewed, trained and supervised employees.
  • Promoted business on social media platforms to maximize brand identity and generate revenue.
  • Managed operations budgeting, accounts payable and accounts receivable and payroll.
  • Established favorable relationships with vendors and contractors, facilitating contract negotiation and development of marketing and sales strategies.
  • Reconciled daily sales, prepared bank deposits and assessed financial transaction reports.
  • Developed business from ground up and prepared records and operations for smooth handover to new owners.
  • Monitored inventory levels and placed new orders for merchandise to keep supply well-stocked.
  • Appraised inventory levels on frequent basis, ordering new merchandise to keep quantities well-stocked.
  • Reviewed financial statements and sales or activity reports to measure productivity or goal achievement.

Education

Bachelor of Science - Accounting And Computer Science

Florida International University
Miami, FL
05.2008

Skills

  • Financial Resources Management
  • Prioritizing and Planning
  • Critical Thinking
  • Data Analysis
  • Advanced Mathematics
  • Team Building Leadership
  • Time Management
  • Financial Budgeting
  • Microsoft Office Suite Expert
  • Tableau Developer
  • Complex Problem Solving
  • Technical Presentations
  • Verbal and Written Communication
  • Agile Methodologies
  • Project Management
  • Cost Control

Additional Information

  • Led FinTech startup, raised capital and managed entire process to develop & launch Endcash.com, the first mobile wallet in Trinidad & Tobago. Licensed software to Republic Bank Ltd. (RBL) Developed custom Agile implementation plan using Scaled Agile Framework (SAFe), to manage portfolio, program & development team to ensure strategic business epics are aligned in product implementation & launch. Defined mobile wallet OKRs to facilitate implementation model into core banking system, integrating Endcash into VISA Direct enabling AFT transactions. Proving alignment to all levels of the enterprise that are involved in solution development. Led management team through initial plan execution, proof of concept, risk assessment, QA/QC, vulnerability & load testing. Piloted Endcash soft launch, managed voice of the customer feedback, defined fixes and developed new change management OKRs for public launch. Trained leadership team, staff & stakeholders on operations, change requests & troubleshooting while transferring plan ownership and accountability to the executive team. Notable accomplishment: Consulted with the bank on various projects, optimizing procedures, processes and ultimately culture when it came to new technology.

Timeline

Startup Founder

Endcash
10.2016 - Current

Owner /Restaurant General Manager

Dolce Desserts
08.2013 - 12.2023

Business Development Manager

Sacha Cosmetics
01.2013 - 01.2021

Business Owner / MetroPCS Franchisee

Fones 2 Go
03.2008 - 06.2012

Bachelor of Science - Accounting And Computer Science

Florida International University

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RAKESH SAMAROO