Subodh Karnad Email & Phone Number

California, United States

Atlanta, Georgia, US

New York, New York, US

• Led Finance team (>30 FTE) to enable 2x growth in units under management and revenue. Improved focus on forecasting accuracy & unit economics and led to gross margin improvement. Stabilized and reduced burn rate.
• Worked with sales teams to analyze GTM cadence, sales pipeline strength, sales productivity, contract to cash estimates.
• Supported series D+ fund raise ($30M). Built out investor data room for series- E fund raise. Worked with investors (VC’s, Growth, Cross-Over funds) to enable due diligence into Common.
• Common was sold and is now part of Habyt.

Peterborough, London, GB

• $ Billion sales turnover business with 250 retail stores and 200 ATM locations. Travelex North America employed ~ 1k FTE. As CFO, led FP&A, Controllership, Tax, Vault & Supply Chain, Treasury & Banking relationships.
• Rebuilt finance team (> 100 FTE), added talent at all levels, created career opportunities for top talent, offered continual mentoring. Grew engagement scores by 11 percentage points.
• Collaborated with CEO to develop transformational business plan that drove focus and investments in digital, online, B2B subscription services and payment businesses. Resulted in accelerated growth in digital business.
• Drove all commercial finance activities including structure of new profitable retail and wholesale contracts such as Samsung Pay, Walmart, Capital One, World Bank, AAA, and US Bank plus over 8 large US airports
• Initiated data driven initiative and negotiations to exit unprofitable retail locations generating value > $10M EBITDA
• Led and cleared several internal and external audits including state regulatory audits

Espoo, Southern Finland, FI

• Nokia Technologies mission was to seed and grow new consumer focused technology businesses that leverage Nokia assets including the balance sheet, global brand, engineering, design and the company's global footprint.
• Drove business planning for Nokia’s re-entry into the mobile phone space. Performed financial modeling and development of P/L, negotiation of contract terms. Led to the formation of > $200M revenue new business with.
• Conducted due diligence and led acquisition of Withings to enable Nokia’s entry into digital health market. Led to formation of $85M revenue business with 35% gross margins
• Other ongoing responsibilities: Leading annual financial planning cycles. Monthly financial reporting. Managing assignments with external consultants and auditors.- Led teams and projects across US, Finland, France and.

San Jose, CA, US

Finance Leader for PayPal’s largest function to enable superb technology execution through a 5000 FTE org. Operating budget of > $1.3 Billion to drive $300B in Payment Volume, 170 Million active users, >$10 Billion revenue. Reported skip level to CFO.

Foster City, California, US

Primary finance partner to Chief Product Officer. Strategic Finance Leadership for all Product activities encompassing $7 Billion in revenues and $B in multi-year product investments.

San Jose, CA, US

Promoted to lead global forecasting, consolidation, total company P&L management ($150 Billion payment volume, $3 Billion Revenue) plus planning systems, investor relations and management reporting standardization and M&A support.

San Jose, CA, US

San Jose, CA, US

San Francisco, California, US

Strategic Business Planning for Wells Fargo Merchant Acquiring Services.

Executive Program, Finance & Strategy

Master Of Business Administration (M.B.A.), Finance