Krishna Persaud Email & Phone Number

East Meadow, Ny, Us

New York, Ny, Us

• Developed reports for tracking financial performance of portfolio companies and investment portfolios held with various private banks.• BOD member for portfolio company in India that sells defense related products to government of India and Ministry of Defense.• Created detailed presentations for banks to secure loans to allow for expansion of portfolio companies.• Reviewed proposals from entrepreneurs seeking private equity investments and made recommendations to principal investors.• Work with banking partners to provide financial instruments to fund portfolio companies including SBLC’s, term loans, and lines of credit.

Port Washington, New York, Us

Lead the Company's financial planning process, including budgeting / forecasting of financial statements and other financial measures, as well as operating metrics.Work with Business Unit Managers, department heads, and foreign managing directors to prepare the annual budget and performance metrics.Monitor actual financial performance against budget/forecast, analyzes variances, and communicate results to the Business Unit Managers.Analyze actual results at the international subsidiaries.Enhance and develop internal reporting packages to assist management in measuring and monitoring actual performance compared to budget and prior year. Design financial reports and dashboard-style reporting with Excel, Cognos Controller, and business intelligence software (QlikView).Assist CEO, CFO and business unit managers with reviewing business opportunities and acquisitions by developing financial models to measure financial impact, including discounted cash flows, dilution and internal rate of return.Prepare and maintain group-wide quarterly financial model that includes computation and compliance with bank covenants.Assist with quarterly closing account analyses and disclosures for public reporting to the SEC.Prepare/Update Corporate presentation on Investor Relations section of Company website.Analyze inventory aging categories and determine impact of markdowns.

Islandia, Ny, Us

Work closely with senior management and private equity group to assemble annual company budget including P&L, Cash Flow, and Balance Sheet ($125MM revenue).Implemented treasury management structure around daily cash reports, monthly calculation of borrowing base to support ABL facility from Chase, and working capital requirements.Prepare, analyze, and research trends/irregularities on monthly financial reports to support the month end close.Primary financial system expert for the company with expertise in designing financial reports to support senior management.Designed key business reports including detailed internal P&L’s, customer level revenue reports with margin analysis, headcount, and sales productivity.Key member of the project team responsible for the transition of the financial system and companywide ERP system.Coordinate with the VP of sales to create KPI’s that allow for an analytical approach to tracking salesforce productivity.Manage, develop staff and review staff.

Instituted QuickBooks financial software and prepared all quarterly and annual financial IRS reports.Implemented aggressive sales campaign to drive sales from under $100K to over $500K in one year.Created multiple revenue streams from Distribution, Truck Rental, and Parking lot businesses.Secured agreement with U-Haul acting as an agent to rent trucks and sell moving supplies. Managed all finance, accounting, and administrative activities of the company.

Atlanta, Ga, Us

Maintained quarterly and annual leverage models and provided insight into the impact of operations/events on the financials (Over $1B in Revenue).Managed cash activities, including daily wire approvals and bank statement reconciliations.Contributed to successful re-financing of $1 Billion line of credit.Prepared PowerPoint presentations and presented to senior management, institutional investors, and rating agencies. Implemented company policies around Sarbanes-Oxley and internal audit compliance.

Armonk, New York, Ny, Us

Forecast and budget all sales commissions for over 10,000 Software Group sales personnel.Responsible for revenue recognition compliance and verified accuracy and timeliness of commission accruals and payments. Project manager for new commission related financial system which incorporated a consistent process for storing, tracking, and maintaining data.Consolidated forecasts for 30 financial analysts across the IBM Corporation.Performed cost analysis to drive $7M cost reduction for IBM Software Group 2004 plan.Achieved and exceeded cost objectives by $59M (7 GP points).Simplified financial flows, improved forecast accuracy, and correctly stated financials for over 140 countries.Managed $60M SG&A budget along with $20M capital budget for a division of IBM Software Group.Performed due diligence for possible acquisition including coordinating balance sheet changes.

Bachelor Of Business Administration - Bba, Finance

Bs, Business Administration- Finance