Deven B.

Deven B. Email and Phone Number

VP of Finance @ Cosán Group
Wesley Chapel, FL, US
About Deven B.

I am an accomplished Finance Leader with over 15 years of extensive experience, spanning C-suite responsibilities in both venture and private equity-backed startups, as well as significant roles in established organizations, including industry giants like Amazon. My solid foundation in investment banking, particularly in M&A, Series A through C fundraising, and IPO preparations, underscores my strategic financial acumen.WHAT I DOI excel at crafting and implementing world-class financial processes for companies across the spectrum—from nascent startups to multi-billion dollar public entities and nonprofits—always with an eye toward rigorous compliance and governance, including SOC2 and Annual Audits by premier U.S. accounting firms. My expertise includes managing multi-million-dollar budgets, automating financial operations, and steering comprehensive business transformations. I scale and streamline businesses by designing robust financial models, introducing advanced processes and systems, and fostering collaborative cultures. I partner with cross-functional teams to break down barriers, ensuring rapid and sustained growth.Throughout my career, I have led critical financial initiatives, collaborated closely with CEOs to drive and quantify industry-leading success, and enhanced key metrics such as ARR/LTV-CAC in SaaS and AOV and VCPU in e-commerce. My experience includes Board-level communication and mentoring staff, skills honed with an MBA from MIT Sloan. MY APPROACHI am a strategic thinker with a hands-on approach, blending technical skills with business acumen. I focus on creating environments that promote communication, cooperation, and innovation. By building trust and fostering collaboration, I guide organizations through complex financial landscapes, turning strategic visions into actionable, measurable results.A FEW TOUCHPOINTS• 15+ years of experience in finance and operations, including leadership roles at Amazon, IPSY, and The College Board.• Expertise in budgeting and forecasting, managing $800M budgets, and guiding financial planning across multiple divisions.• Proven track record in automating financial processes, reducing close cycles by 50%, and enhancing reporting accuracy.• Strong background in cash management, leading corporate turnarounds, and improving cash flow through effective AR collections.• MBA from MIT Sloan School of Management, with top academic credentials and a focus on finance.

Deven B.'s Current Company Details
Cosán Group

Cosán Group

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VP of Finance
Wesley Chapel, FL, US
Deven B. Work Experience Details
  • Cosán Group
    Vp Of Finance
    Cosán Group
    Wesley Chapel, Fl, Us
  • Checkmate
    Senior Vice President Finance
    Checkmate Nov 2020 - Present
    New York, New York, Us
    Checkmate is an advanced SaaS platform that offers seamless integration between a restaurant’s POS system and over 100 ordering platforms, such as DoorDash, Uber Eats, GrubHub, and ChowNow. ItsaCheckmate synchronizes the menus and prices directly from the POS system to the ordering platforms and incorporates orders from those platforms directly into the POS system. ItsaCheckmate also includes a sophisticated menu management layer, allowing customers to update prices, add, edit, or delete items, manage images, and make menu changes across all ordering platforms from a single source.
  • Ipsy
    Assistant Controller
    Ipsy Jan 2020 - Oct 2020
    Santa Monica, California, Us
    IPSY is a $1B+ revenue beauty subscription company. * Managed $50M+ daily cash tracker, improving CFO’s decision-making. * Oversaw FY 2019 audit by KPMG. Maintained the relationship with external auditors, provided pragmatic solutions and alternatives to challenging audit requests and inquiries.* Owned monthly sales-tax compliance through the Avalara platform. * Authored implementation memos for ASC 606 Revenue Recognition, ASC 842 Lease Accounting & PL 86-272 economic nexus. Drafted and implemented key policies and procedures and spearheaded implementation and training of new accounting standards.* Drove scalability and operational excellence by evaluating existing infrastructure, processes, and controls. Integrated NetSuite & BlackLine, improving internal controls.* Identified areas of improvement, innovation, and additional investment and improved efficiency through automation and streamlining accounting processes. Created NetSuite saved searches, expediting close & month-end reporting. * Demonstrated strong working knowledge of accounting systems, processes, U.S. GAAP, and internal controls.* Led the full cycle general ledger monthly close process and related activities to ensure all accounts are US GAAP compliant. Owned Argentina entity set up in NetSuite and monthly consolidation with parent entity. Managed Argentina based accounting partner.* Collaborated cross-functionally to build streamlined and scalable processes.* Owned monthly flux variance analysis and thorough understanding of accounts.* Participated in key strategic initiatives.
  • Wellsavvy Inc
    Co-Founder And Cfo
    Wellsavvy Inc Jan 2019 - Dec 2019
    WellSavvy is an e-commerce wellness startup launched in the UK. I joined as an investor leveraging my Amazon experience to expand in the EU. * Managed financial operations of the company, including Quickbooks, Chart of Accounts setup, month close, timely production and accuracy of all financial reporting, cash flow management, Sales tax/VAT, and external compliance.
  • The College Board
    Sr. Director, Fp&A
    The College Board Jun 2017 - Dec 2018
    New York, Ny, Us
    The College Board is a mission-driven $1B+ revenue non-profit organization, engaging 7M+ students annually.Budgeting Process: • Guided programs and service units across the College Board through budgeting and financial reporting processes, managing staff towards tight deadlines for the $800M FY18 Budget. • Managed communication of key insights and actionable intelligence across the organization, in order to drive sound business and strategy decisions. • Deeply understood the economics of the College Board, including revenue and expense drivers, key performance indicators, and recent historical trends; served as primary liaison to programs and service units so that they are equipped to apply these insights to various aspects of their work, including goal-setting and strategic decision making. • Developed, and then translated for executives, analyses of revenue and expense drivers, performance indicators, and recent historical trends. This work played an essential role in clarifying tradeoffs and enabling the VP, Strategic Finance and SVP, Finance & Global Strategy to make sound strategic decisions to support the College Board’s work. • Demonstrated outstanding skills at analyzing data, telling stories, and collaborating with colleagues.SAT Digital Initiative: • Led development of strategic plans, financial projections, and performance reports, collaborating with the project lead for College Board's $100M+ four-year SAT digitization initiative.
  • Shermanstravel
    Cfo
    Shermanstravel Jan 2015 - Apr 2017
    New York, Ny, Us
    ShermansTravel is a digital media company backed by TEGNA & Adams Street Partners.Business Transformation and Strategy: • Growth Initiatives: Partnered with CEO in launching CruiseCritic.com competitor in $37B cruise industry, building detailed financial model with inputs from senior management team. • M&A: Led due diligence on potential targets including BudgetTravel and DunhillTravel. Researched synergies and deal rationale. Analyzed merger ratio using DCF, Trading Comps and Transaction Comps. Financial Controls and Operations: • Budgeting & Forecasting: Reduced annual budget preparation time by half. Improved accuracy of Pro Forma financials by working with department heads. Prepared quarterly forecast with variance analysis. • HR: Slashed payroll and benefits administration costs 24% by migrating to PEO, while ensuring enhancements of services. • Process Improvements: Automated billing by integrating QuickBooks & Salesforce. Migrated company to tiered commission structure to incentivize and motivate sales reps. Stakeholder Management and External Interface: • Banking: Closely monitored AR-funding facility and monthly Asset Coverage Ratio covenant. Saved $20K annually by negotiating 1% fee reduction on $2M Line of Credit.
  • Shermanstravel
    Controller
    Shermanstravel Apr 2012 - Dec 2014
    New York, Ny, Us
    Business Transformation and Strategy:• Turnaround: Survived the company in extremely cash-strapped situation in first year of my tenure by creating & maintaining a 52-week running cash forecast to precisely predict weekly ending cash balance and a 4-months running sales velocity multiplier model to accurately project monthly revenue.Financial Controls and Operations:• Accounting: Managed team of two accountants in expediting month-close Journal Entries, accruals & bank recs. Designed & implemented effective AR collections protocol that cut Days Outstanding by 33%. Negotiated payment plans with vendors on legacy AP balance. Oversaw annual audit by outside CPA.Stakeholder Management and External Interface:• Financial Reporting: Significantly upgraded quality & effectiveness of periodic Board of Directors communications deck.
  • Tasting Table
    Director Of Finance And Operations
    Tasting Table Sep 2011 - Apr 2012
    Fishers, Indiana, Us
    Tasting Table is a digital media company backed by Bob Pittman's Pilot Group.I provided accurate & actionable insights to the CEO on big-picture finance matters, including raising additional debt to meet future working capital requirements, taking proactive actions to meet the lender’s Liquidity Ratio & 6-month rolling-EBITDA covenant levels, and setting standards for reporting to investors.* Developed & maintained a Free Cash Flow analysis model to determine acceptable levels of AP/AR aging. Owned all FP&A tasks such as building the annual budget & maintaining the current forecast.* Led two junior analysts in keeping the company’s QuickBooks in excellent shape. Owned month close tasks such as updating Depreciation schedules, reclassifying inter-department expenses, etc.* Automated expense and OT reimbursements using online tools such as Harvest.
  • Amazon
    Sr. Financial Analyst, Operations Finance Group
    Amazon Jan 2010 - Sep 2011
    Seattle, Wa, Us
    Financial Controllership: • Provided financial leadership to four fulfillment centers in the East Region. • Built quarterly and yearly fixed and variable cost budgets with the combined annual outlay of $60M. • Tracked & approved all FC related expenses. Performed NPV, ROI & Payback Period analysis on Capital Asset Requests. Led $750K equipment buyout CAR, with Payback Period of 2.2 years & NPV of $350K. • Ensured that each site achieves the 5% year-over-year VCPU improvement target. • Led the month end close process, including all accruals using a broad range of tools such as Oracle Financials, DataWarehouse, Essbase and Cognos.Financial Risk Analytics: • Performed weekly Risk & Opportunity (R&O) analyses to measure fixed and variable cost impacts of variance from the annual Operational Plans and from the current forecasts. • Provided in-depth and insightful analysis to highlight trends and understand business drivers of cost variances to plan. • Built automated MySQL & ETL queries on BI Analytics Engine for actionable data.Labor Planning: • Led a team of two labor analysts in performing weekly headcount need forecast based on a multitude of factors, including productivity rates, absenteeism and attrition rates and volume forecasts.Facility Optimization Initiatives: • Provided financial validation to prioritize and lead cost reduction efforts. • Participated in a Kaizen to reduce cost of stowing process by using Automated Guided Vehicles. • Validated the financial ROI number to support the second phase of pilot project investment.
  • Blue Beacon Capital
    Sr. Associate, Investment Banking
    Blue Beacon Capital Jan 2008 - Dec 2009
    Blue Beacon Capital is a Telecom, Media & Technology-focused boutique investment bank. • Sell-side Advisory: Executed the sale process for a California-based nationwide reseller of voice and data services with $26M in annual revenue and $1.5M in EBITDA. Performed DCF and Comparables valuation analyses. Authored Confidential Information Memorandum and executed NDAs with target buyers. • Sell-side Advisory: Led the sale process for a facilities-based provider of broadband and hosted VoIP services in Oregon with $4.6M in annual revenue and $1.0M in EBITDA. Authored teaser, CIM and Bid Process Letter. Managed Letter of Interest submissions and negotiated term sheets. • Private Placement: Raised $15M Series C round capital for a California-based VoIP technology start-up targeting the consumer market. Developed investor presentations and led marketing effort to select VCs.
  • Hsbc
    Associate, Investment Banking Division, Financial Sponsors Group
    Hsbc May 2007 - Dec 2007
    London, Gb
    * Leveraged Finance: Structured acquisition financing package for proposed LBO of Mirant, a $9B power company. Developed a dynamic LBO financing model. Drafted leveraged finance committee memo.* Leveraged Finance: Evaluated feasibility of HSBC financing an LBO of Innopack, a $240M Mexican bottler. Principal Investment: Core member of the global team tasked with funding and launching a principal investment fund targeting distressed debt and equity. Drafted investment committee memo.* Equity Private Placement: Key member of private placement deal team for First Data bridge equity held by HSBC. Negotiated and helped draft Equity Syndication Side Letter with KKR.
  • Hsbc
    Summer Associate, Investment Banking Division, Financial Institutions Group
    Hsbc Apr 2006 - Sep 2006
    London, Gb
    * M&A Proposal: Authored a $1.5B merger pitch involving a catastrophe reinsurer and a casualty reinsurer. Recommended valuation range based on market multiples, a P/B versus ROE regression and comparable M&A transactions analyses. Stress-tested accretion sensitivities. * Buy-side Advisory: Performed acquisition modeling, reviewed data room and participated in client calls for a $200M buy-side mandate involving a US-based insurer and a UK-based mortgage insurer. * IPO: Drafted S-1 for a $150M IPO for a Brazilian SPAC. Managed background checks process on client.

Deven B. Skills

Financial Modeling Strategy Analytics Finance Mergers And Acquisitions Management Forecasting Valuation Business Strategy Business Development Analysis Accounting Entrepreneurship Mergers Variance Analysis Investment Banking Strategic Planning Investments Financial Reporting Due Diligence Leadership Managerial Finance Crm Venture Capital Capital Markets Financial Analysis Quickbooks Budgets Vendor Management Auditing Banking Private Equity Corporate Finance Portfolio Management Equities Operating Budgets Month End Close Accruals Bank Reconciliation Covenant Compliance Operational Risk Management Budgeting Fundraising Transformational Leadership Financial Planning And Analysis Stakeholder Management Financial Operations Regulatory Compliance Cfo

Deven B. Education Details

  • Mit Sloan School Of Management
    Mit Sloan School Of Management
    Finance
  • Rutgers University
    Rutgers University
    Electronics And Communications Engineering
  • The Maharaja Sayajirao University Of Baroda
    The Maharaja Sayajirao University Of Baroda
    General
  • L.D. College Of Engineering
    L.D. College Of Engineering
    Electronics And Communications Engineering
  • Indira Gandhi Institute Of Development Research
    Indira Gandhi Institute Of Development Research
    Development Economics And International Development

Frequently Asked Questions about Deven B.

What company does Deven B. work for?

Deven B. works for Cosán Group

What is Deven B.'s role at the current company?

Deven B.'s current role is VP of Finance.

What is Deven B.'s email address?

Deven B.'s email address is tr****@****hoo.com

What is Deven B.'s direct phone number?

Deven B.'s direct phone number is +190822*****

What schools did Deven B. attend?

Deven B. attended Mit Sloan School Of Management, Rutgers University, The Maharaja Sayajirao University Of Baroda, L.d. College Of Engineering, Indira Gandhi Institute Of Development Research.

What are some of Deven B.'s interests?

Deven B. has interest in Science And Technology, Social Services, Children, Education.

What skills is Deven B. known for?

Deven B. has skills like Financial Modeling, Strategy, Analytics, Finance, Mergers And Acquisitions, Management, Forecasting, Valuation, Business Strategy, Business Development, Analysis, Accounting.

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