Mit Shah Email & Phone Number

New York, Ny, Us

New York, Ny, Us

New York, Ny, Us

Collaborated with the Executive Leadership Team (ELT) to formulate and execute strategic business initiatives, effectively mitigating risks and establishing a robust framework for the globally acclaimed Elizabeth Arden (EA) brand, achieving a 4% year-over-year growth, projected to reach $700 million.Managed global P&L reporting for Elizabeth Arden with exceptional proficiency in financial planning, forecasting, and budget management. Presented comprehensive financial packages to the ELT on a monthly, quarterly, and annual basis.Partnered with organizational leaders to cultivate a culture of efficiency, spearheading projects related to SKU rationalization to enhance profit margins, inventory management to reduce slow-moving or obsolete inventory (SLOB), cost management to identify savings, and resource allocation to optimize supply chain efficiency.Worked directly with the VP of Demand Planning & Inventory to manage forecasts, demand accuracy, and Inventory to reduce SLOB through various distribution channels.Managed a $14M brand support budget in collaboration with global marketing, ensuring activities provided the highest ROI. Consistently partnered with Cost Finance, Plant, and Procurement teams to explore cost-reduction opportunities and enhance profit margins.

New York, Ny, Us

Launched multiple projects, driving a $75M increase in top-line sales and a $30M boost in bottom-line direct contribution.Led financial operations in all facets of new product development, including product positioning, go-to-market strategy, consumer insights, supply chain, and manufacturing CAPEX investments.Challenged marketing and sales leadership assumptions to develop both current and new products, achieving margin improvements of 2-4%, sales incrementality of 30-50%, and enhanced supply chain efficiencies with increased inventory turns by 3-4 turns per year.Directed the innovation efforts for Revlon Color Cosmetics, Revlon Beauty Tools, and Revlon Hair, collectively supporting approximately $500M in net sales.Collaborated closely with the General Manager of Revlon and Marketing Directors to plan brand strategy, conduct competitive analysis, and position products based on pricing and cost considerations.Maintained a focus on financial KPIs during strategic discussions post-chapter 11, including CAPEX investments to improve cash-flow performance.

New York, Ny, Us

Directed the strategic business planning process for the $230M confectionary division, presenting monthly, quarterly, and yearly P&Ls to the Executive Leadership Team.Successfully managed and facilitated the E-Commerce business by developing robust growth models and partnering with the supply chain, achieving an impressive YOY sales growth of 500%.Developed live customer P&Ls for the top 5 customers and E-Commerce business, efficiently managing trade spend, reducing returns and damages by 2-3% YOY, and optimizing product mixes to maximize profit margins.Overhauled and instituted a comprehensive marketing planning and analysis process for both brand and customer marketing teams, enabling the execution of high-ROI marketing campaigns, resulting in $2.5MM savings YOY.Partnered with operations team to manage inventory and optimize reporting processes, increasing forecast accuracy by ~4%.

New York, Ny, Us

In my current position, I manage and analyze $500M Revlon US Mass P&L, identifying timely updates on key measures and drivers to optimize client profitability and increase return on investment. I routinely manage a market development fund of more than $70M to effectively integrate promotional events and analyze ROI for event portfolio. I partner with customer sales executives, demand planning associates, and senior leadership to conceptualize and execute business opportunities, KPIs, budgets, and forecasts. I play a strategic role in developing new products and go-to-market models for a variety of Revlon brands, establishing communication protocols, forecasts, P&L management, budget execution, and 4P strategy. I am proud to serve as Department Team Lead for the SAP financial system conversion and integration, where I successfully leveraged training sessions, as well as troubleshooting of systems and processes and implementation plans.

New York, Ny, Us

Throughout my time as Senior Financial Analyst for Brand Finance, I effectively managed more than $25M in promotional and over $23M in regular business for two brands, evaluating P&L to consistently achieve a contribution margin equal to or more than 10%. I frequently evaluated and presented an in-depth financial analysis of sales, promotional expenses, and ROI to senior leadership, highlighting ROI and market share for most prominent customers. I engaged in effective communication and cross-functional collaboration to ensure that sales, marketing, supply chain, and demand planning teams effectively built and executed business strategies to achieve KPIs and maximize growth opportunities. In order to deliver desired outcomes, I formulated an annual operating budget, accompanied by monthly forecasting for departmental and MDF expenses. I successfully managed monthly and annual closing processes, partnering with brand managers and accounts payable to account for all expenditures and accruals in routine reporting.

During my tenure with Omnicom, I prepared and analyzed quarterly and annual financial statements to outline sales revenue, expenses, and profitability for three companies under the corporate umbrella. I routinely engaged in client project analysis to effectively forecast revenue and identify at-risk projects that reduced overages by 7%. I coordinated development of financial models that facilitated growth of the Bio-Tech and Manila initiatives, increasing revenue by 20%. Moreover, I optimized operational efficiency across financial systems and forecast tracking in IBM Cognos, leading to a more streamlined reporting process. While increasing institutional effectiveness, I managed budgets and implemented account strategies that increased profitability across a $5M book of business, routinely assessing performance metrics, campaign analytics, and ROI to align with strategic project initiatives.

Worldwide, Oo

•Participated in various team building and leadership exercises•Planned and organized weekly meetings with mentor to seek career counseling •Enhanced analytical and leadership skills to become an effective auditor

Toronto, Ontario, Ca

•Audited client data encompassing 20,000+ active trading accounts to ensure integrity and compliance with company policies•Improved the process for fund allocation by validating and accurately reporting custodian information •Collaborated with front office management to ensure client accounts were accurate based on trading activity

• Developed processes with team to reduce DSO (Days Sales Outstanding) for 60-day balance by over 1 million dollars• Communicated daily with clients and collection team to resolve disputes and maintain effective business relations• Monitored and reviewed accounts receivable, bad debt, and payment activities to ensure accuracy, completeness and timeliness

Us

Volunteered over 250+ hoursWorked on various different assignment and tasks assigned by the Library-Director. Participated in organizing fundraising activities which allowed us to raise fund of up to $15250.

Bachelor Of Science, Accounting

Education record