Paras Shah

About Paras Shah

Grow with an organization by continuous learning and consistently delivering above expectation performance with high planning and execution abilities. Drive strategy by aligning with the purpose of the organisation.

Experience

1. Chief Financial Officer

   SFS Group India Private Limited

   Jun 2021 — Present · Pune, IN

   Responsible for overall financial management, strategy, business support and compliance. Financial Planning and Analysis – Provide insights and recommendations to support strategic decision-making and drive financial performance.2. Financial Reporting – Ensure timely and accurate financial reporting, including the preparation of financial statements in compliance with Indian accounting standards (Ind AS) and Swiss GAP FER.3. Cash Flow Optimization – Manage and optimize cash flow by monitoring receivables, payables, and working capital. Implement strategies to improve cash flow efficiency and mitigate liquidity risks.4. Risk Management – Identify and assess financial risks, including market, credit, operational, and regulatory risks.5. Compliance and Governance – Ensure compliance with all applicable financial regulations and laws in India. Maintain appropriate internal controls and governance structures. Appointment as Compliance Officer for India.6. Funding and Capital Structure – Evaluate and negotiate financing options, maintain relationships with banks and financial institutions, and optimize the organization\'s cost of capital.7. Strategic Planning and Business Development – Collaborate with group management to develop and execute the organization\'s strategic plan.8. Tax Planning and Compliance – Develop tax strategies in compliance with Indian tax laws and regulations.9. Team Leadership and Development – Build and lead a high-performing finance team. Provide guidance, mentorship, and professional development opportunities to the finance team members.10. Transformation from Promoter driven company to a MNC standard – Setting up of practices including and not limited to bringing open and happy office culture, getting right people for job, getting name changed for the company, rewarding based on performance, implementing best MIS practices, revamping business processes and controls, system rejig, accounting clean up and audits.

Education

• R. A. Poddar College, Matunga, Mumbai

  Bachelor of Commerce (B.Com.)

  2006 — 2008