Nipul Patel

Nipul Patel Email and Phone Number

Chief Financial Officer | Board Member | Strategic Advisor ► Private Equity & Public Company Executive Management | Global P&L | M&A Due Diligence & Integration | IPO Leadership @ Ports America
Jersey City, NJ
Nipul Patel's Location
Phoenix, Arizona, United States, United States
About Nipul Patel

As an executive leader with expertise spanning corporate strategy and direction and global financial management, I drive long-term stability and profitability while ensuring financial success in rapidly evolving environments.While serving as chief financial officer (CFO) at Array Technologies, a $1.6B+ global leader in the renewable energy sector, I played a key role in significant milestones including a successful IPO and follow-on offerings that generated $3B+ in value for the private equity sponsors. Amidst this major endeavor, I also designed and executed robust financial strategies, internal control systems, and comprehensive risk management programs to ensure a stable foundation both pre- and post-IPO.I am also committed to attracting and retaining top-notch professionals and transformed the finance organization from an equity-owned firm to one capable of supporting the growth of a public company. With regional offices on 5 continents and production facilities in Spain, I created collaborative cultures where talent can thrive as the company expanded and became increasingly complex. I contributed to effective corporate governance at Array Technologies where I led quarterly audit committee meetings and facilitated ethical financial stewardship to engender investor confidence and uphold strict regulatory standards. I currently serve as an advisor to SOLARCYCLE, a Series A startup poised to redefine the renewable energy industry through cost-effective recycling and repurposing of solar panels. Prior senior leadership roles include oversight of global financial planning and analysis at Benchmark Electronics and Avnet and positions of increasing scope at Honeywell Aerospace. Areas of expertise: executive management, corporate strategy, corporate governance, board relations, investor relations, regulatory compliance, global financial management, operational excellence.

Nipul Patel's Current Company Details
Ports America

Ports America

View
Chief Financial Officer | Board Member | Strategic Advisor ► Private Equity & Public Company Executive Management | Global P&L | M&A Due Diligence & Integration | IPO Leadership
Jersey City, NJ
Website:
portsamerica.com
Employees:
1
Nipul Patel Work Experience Details
  • Ports America
    Executive Vice President And Chief Financial Officer
    Ports America Jul 2024 - Present
    Morristown, Nj, Us
    Ports America is one of the largest terminal operator and stevedore in the United States, delivering innovative port solutions across more than 70 locations.As EVP and CFO, I lead the company’s financial strategy, operations, and corporate development initiatives, driving sustainable growth and long-term value creation. My responsibilities include overseeing financial planning, budgeting, reporting, capital allocation, and compliance, as well as managing the Corporate Development team to identify and execute strategic growth opportunities.Partnering with the executive leadership team, I focus on optimizing performance, fostering innovation, and ensuring Ports America’s continued success in a dynamic and essential industry.
  • Solarcycle
    Advisor
    Solarcycle 2023 - Present
    Oakland, Ca, Us
  • Array Technologies
    Chief Financial Officer
    Array Technologies 2019 - Jan 2024
    Albuquerque, New Mexico, Us
    Joined executive management team and shepherded organization through considerable change and seismic growth including an IPO and subsequent follow-on offerings that generated $3B+ in value for private equity sponsors. Led quarterly audit committee meetings on behalf of chair. Directed finance, IT, and cyber-risk management functions. Built and evolved high-performing teams to excel throughout organizational transitions. Transitioned into advisory role working alongside CEO and new CFO on special corporate initiatives and projects. ▪️ Readied company for 2nd-largest renewable energy IPO in U.S. history with a $4B market cap.▪️ Structured private investment in public equity (PIPE) transaction with Blackstone Energy Partners. ▪️ Spearheaded due diligence for the $610M acquisition of a Spanish solar tracker manufacturer.
  • Benchmark
    Vice President, Financial Planning & Analysis And Solutions
    Benchmark 2018 - 2019
    Tempe, Arizona, Us
    Recruited to establish and lead FP&A function for solutions and engineering businesses as they grew 67% to $200M. Built financial acumen across teams and functions to drive rigor and discipline.
  • Avnet
    Vice President, Global Financial Planning & Analysis
    Avnet Feb 2016 - Jun 2018
    Phoenix, Az, Us
    Earned promotion to oversee global FP&A, finance and business intelligence systems, and M&A finance. Directly supported 2 global businesses with $3B in revenue (Avnet Integrated and Farnell, a recently acquired UK subsidiary). Led 300-member global finance team. Developed finance presentations for board. Championed long-range, forward-looking planning.▪️ Delivered 9-figure EBIT improvements as global finance lead on company transformation. ▪️ Drove 3-year budgeting process with a long-term strategic model applying a data-backed framework.▪️ Contributed to messaging for quarterly earnings calls and provided decision support to CFO and investor relations.▪️ Introduced global processes including a KPI dashboard, weekly forecasting, and capital expenditure review.
  • Avnet
    Director Of Financial Planning And Analysis
    Avnet Dec 2013 - Feb 2016
    Phoenix, Az, Us
    Led FP&A for Avnet’s $5B Technology Solutions North America business. Created monthly management reporting alongside executive leaders to drive informed decision-making. ▪️ Led development of region’s annual operating plan aligned with global group’s strategic plan. ▪️ As finance lead for division-wide transformation project, reengineered systems, reporting, and organizational structure.
  • Honeywell Aerospace
    Director Of Finance, Mechanical Subsystems Portfolio
    Honeywell Aerospace Jun 2011 - Dec 2013
    Charlotte, North Carolina, Us
    Promoted to provide strategic financial leadership for $3B mechanical subsystems product portfolio including auxiliary power units, air and thermal systems, and electric power product groups. ▪️ Served as financial lead for 5-year strategic plan and annual operating plan. ▪️ Extracted millions in savings and contributed to revenue growth as finance lead on cost takeout and pricing projects.
  • Honeywell Aerospace
    Senior Finance Manager, Off-Contract And Annual Pricing
    Honeywell Aerospace Jul 2009 - Jun 2011
    Charlotte, North Carolina, Us
    Oversaw pricing revenue for $2B in aftermarket components for commercial and defense businesses. Managed 42-member team in North America, Asia, and Europe. ▪️ Directed functional transformation and cost-saving initiative to move pricing activities from individual locations to 2 centers of excellence in Puerto Rico and Prague with no impact to business continuity. ▪️ Accelerated cycle time for government bids to decrease backlog and add $50M in new business.
  • Honeywell Aerospace
    Director Of Finance, Integrated Supply Chain Aftermarket Services
    Honeywell Aerospace Mar 2007 - Jul 2009
    Charlotte, North Carolina, Us
    Managed financial performance and forecasting accuracy for $2.3B cost base across 40+ sites. Introduced process automation and improvements. Designed model analyzing outsourced versus in-house repairs.
  • Cbiz
    Group Controller
    Cbiz 2003 - 2007
    Cleveland, Oh, Us
    Managed financial planning and accounting for firm’s national practices and financial services practice areas. Supported SOX compliance with documentation and testing in first year following passage of Sarbanes-Oxley legislation. Improved cash conversion and reduced days sales outstanding.
  • Goodrich Aerospace
    Manager Operations Accounting/Financial Analysis
    Goodrich Aerospace 2001 - 2003
    Charlotte, Nc, Us
    Managed Financial Planning and Analysis and Cost Accounting teams for $120M Aerospace plant. Developed an annual operating / financial forecasting model for P&L, balance sheet, cash flow, and $25M in inventory. Planned and supervised three aerospace physical inventories and led due diligence team during Goodrich acquisition.
  • Henkel Cee
    Finance Systems Analyst
    Henkel Cee 1997 - 2001
    Düsseldorf, North Rhine-Westphalia, De
    Finance lead on two successful business integration teams including external consultant. Team leader on systems projects with the information technology and finance departments to accomplish corporate reporting requirements. Also provided timely and accurate system support to Credit and Collections, Accounts Payable and General Accounting.
  • Arthur Andersen Llp
    Senior Auditor
    Arthur Andersen Llp 1993 - 1997
    Served public and privately held clients in manufacturing, distribution, retail, oil and gas and health care.

Nipul Patel Education Details

  • Case Western Reserve University
    Case Western Reserve University
    Banking And Finance
  • Miami University
    Miami University
    Accountancy

Frequently Asked Questions about Nipul Patel

What company does Nipul Patel work for?

Nipul Patel works for Ports America

What is Nipul Patel's role at the current company?

Nipul Patel's current role is Chief Financial Officer | Board Member | Strategic Advisor ► Private Equity & Public Company Executive Management | Global P&L | M&A Due Diligence & Integration | IPO Leadership.

What schools did Nipul Patel attend?

Nipul Patel attended Case Western Reserve University, Miami University.

Who are Nipul Patel's colleagues?

Nipul Patel's colleagues are Richard Flood, Rahjohn Evans, Teresa Simmons Spencer, Tom Saunders, Adam Hayden, Mike Sullivan, Derek Boderek.

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