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Smart CEOs and Boards look for the below attributes from their Result-Driven CFO:1. Financial Acumen and Strategic Leadership:• My history of leading financial turnarounds and boosting profitability, as seen at Delonghi and Urbanstems, showcases my strategic financial leadership.2. Operational Efficiency:• My ability to increase efficiency, reduce costs, and improve processes is evident from my work in project-based cost accounting and implementing new ERP systems at Trade Lines Inc.3. Capital Raising and Refinancing:• At Happi Foodi, I played a key role in raising $15 million capital, showcasing my capability in securing funding and refinancing to facilitate growth.4. Profit Growth and Revenue Enhancement:• My role in escalating revenues from $130M to over $300M at Delonghi demonstrates my expertise in driving profit growth and revenue enhancement.5. Loss Mitigation:• My efforts in loss mitigation, achieving an 80% reduction in losses at Urbanstems, is a testament to my ability to steer companies back to profitability.6. Negotiation and Licensing Expertise:• My successful negotiation of a lucrative licensing deal with Barstool for Happi Foodi highlights my negotiation and licensing expertise.7. Technological Proficiency:• My experience in overseeing the implementation of ERP software and processes, along with my knowledge of various computer programs and systems, show my technological proficiency.8. Cross-functional Collaboration:• My collaborative efforts with cross-functional teams to propel revenue growth and profit enhancement demonstrate my ability to work well with others to achieve organizational goals.9. Continuous Learning and Certification:• My extensive education and continuous learning, including a Strategic CFO Program and certifications in Six Sigma and Data Analytics, show a commitment to staying updated and enhancing my skill set.10. Global and Diverse Industry Experience:• With a diverse range of experience across different industries and global settings, I bring a wide perspective and a rich understanding of various market dynamics.11. Tax Efficiency and Fiscal Responsibility:• My ability to secure significant tax savings and manage fiscal responsibilities effectively is showcased through my work at Delonghi and Urbanstems.12. Team Management and Leadership:• My experience in supervising staff across various organizations, coupled with my role as CFO and other leadership positions, demonstrates my capability in team management and leadership.
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Chief Operating OfficerTli HomeNew York, Ny, Us -
Chief Operating OfficerTli Home Nov 2023 - PresentSouth Plainfield, Nj, Us -
Chief Financial OfficerUrbanstems 2022 - Feb 2024Washington, District Of Columbia, UsWorking with a VC/PE-backed D2C e-commerce company, I have been tasked with achieving a monumental improvement of the bottom line and optimizing financial reporting and analysis. I've overseen a significant reduction in G&A expenses and initiated cost-saving measures, including outsourcing the entire Finance Department. Additionally, I introduced a SKU/Order/Shipping Location Profitability model and improved monthly financial reporting. My strategic tax planning efforts resulted in a significant ERC refund. -
Chief Financial OfficerHappi Foodi 2019 - Jun 2022Secaucus, New Jersey, UsReporting to the CEO. A Hypergrowth Company. Multifold growth. Breakfast, Snack & Frozen Meals, Private labels, and brand. Licensing of Breakfast/ Cakes/ Snacks line with a major celebrity. Major retailers and regional chain stores. Raised over 15M in Common Stock with a significantly higher valuation. New Bank with 2x ABL facility. Accessed and negotiated with a new 3PL and Manufacturing losses. Navigation Tool to Generate Higher Product & Customer Profitability -
Head Of FinanceDe'Longhi America 2012 - 2019Treviso, Tv, ItA Global Company w/ Own and Lic Brands) Brands: NESPRESSO/ DELONGHI/BRAUN. Multi-Channel Distributions in North America: Major Retailers, Warehouse Clubs, Specialty Stores, Amazon, and Other E-Commerce Platforms, Drop-Ships and B2C. Finance as Shared Services for North American CompaniesReporting to the CEO. Recruited to be the "Navigator" to the newly appointed CEO for Turnaround and enable the company to Growth in Sales and Profit. Managed P&L with dual Costing. I closely worked with Heads of Sales, Marketing, Operations, HR and CEO. Develop financial policies and lead implementation of plans, internal controls, and budgets. Work with CPAs for tax planning and transfer pricing strategies. Standard Costing and Financial Costing, MD&A and reviews, Credit and collections Overseeing, Automation, and Process Improvements. SAP & BPC. GAAP, Audit Management and IFRS. Supervise 13 perm staff plus temps and interns.• Collaborated seamlessly with the CEO to lead a momentous turnaround initiative, resulting in a staggering revenue surge and EBITDA enhancement.• Forged strategic alliances with the CEO, sales, and marketing teams, propelling revenues from an initially unprofitable $130M to a remarkable $300M, accompanied by substantial profitability augmentation.• Played a pivotal role in strategically acquiring the coveted Nespresso machine business.• Served as a key linchpin in the sales and operations planning (S&OP) process, diligently optimizing inventory management and elevating inventory turnover rates from 1.75 to an impressive 2.85.• Shrewdly identified and capitalized on profit enhancement opportunities, culminating in additional millions per year in profits garnered through Costco’s annual PAC program.• Exhibited remarkable fiscal acumen, securing millions in tax savings through the implementation of strategic deductions.• Spearheaded forward-thinking 'go-to-market planning' by providing a strategic perspective on products' financial impact in advance. -
Director Of Finance & OperationsTrade Lines Inc 2010 - 2012South Plainfield, Nj, UsSet-up the structure for high growth. I have collaborated with various factories and groups to maintain competitive advantage of this leading private label manufacturer, importer, and wholesaler of home textiles and home decor products serving North American big-box retailers.►Assessed ERP needs, which included investigating appropriate system, evaluating vendors’ capabilities and costs, and selecting a solution. Improved efficiency, eliminated duplication of efforts, and prepared the company for future growth. ►Increased margins between 8% and 10% by strategizing with CEO to direct broker relationships with factories. ►Assessed needs of 3PLs on east and west coasts based on needs; analyzed and selected providers that provided significantly improved services and reduced logistics costs by approximately 9%. -
Director Of Finance And OperationsGrange 2007 - 2009Turn-Around Situation. Supervised accounting, budgeting, cash flow management, regulatory management, contract negotiations, inventory control, GAAP and IFRS reporting for European parent of this luxury/lifestyle furnishings division of UK/French public company.►Established monthly ‘MD Report,’ including full financial package, KPIs, P&L analysis by location, business summary by department and location, new month’s forecast, and industry and business outlook.►Slashed inventory by 16% by introducing just in time (JIT) system and enhancing the identification of slow-moving stock.
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ControllerJewelamerica, Inc. 2006 - 2007Long Island City, New York, UsPerformed multi-million-dollar gold hedging, including buy/sell timing. Minimized gold cost fluctuations and stabilized profit margins by conducting an interrelated cost of sales analysis by customer and by division in the highly-volatile gold market. -
ControllerArenson Office Furnishings 1998 - 2005New York, Ny, UsFull-service contract furnishing dealer and service organization with 170+ employees across 6 locations.Managed accounting/finance functions, including financial analysis, performance measurement, financial reporting, forecasting, budgeting, audits, regulatory compliance, and banking. Minimized bank interest via daily cash management. Supervised staff of 9.
Dhaval Jhaveri Skills
Dhaval Jhaveri Education Details
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South Gujarat UniversityAccounting And Commerce -
New York UniversityNyu Stern Data-Driven Decision Making -
Meca Cfo AcademyStrategic Cfo -
CollegeSix Sigma Course -
Dale Carnegie TrainingEffective Commucations And Leadership -
Richard Tyler InternationalSales Immersion Course
Frequently Asked Questions about Dhaval Jhaveri
What company does Dhaval Jhaveri work for?
Dhaval Jhaveri works for Tli Home
What is Dhaval Jhaveri's role at the current company?
Dhaval Jhaveri's current role is Chief Operating Officer.
What is Dhaval Jhaveri's email address?
Dhaval Jhaveri's email address is dhaval6669@me.com
What is Dhaval Jhaveri's direct phone number?
Dhaval Jhaveri's direct phone number is +120151*****
What schools did Dhaval Jhaveri attend?
Dhaval Jhaveri attended South Gujarat University, New York University, Meca Cfo Academy, College, Dale Carnegie Training, Richard Tyler International.
What skills is Dhaval Jhaveri known for?
Dhaval Jhaveri has skills like Inventory Management, Financial Analysis, Budgeting, Negotiation, Process Improvement, Logistics, Audit, Swot Analysis, Financial Reporting, Forecasting, Strategic Planning, Business Planning.
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