Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Certification
Street
References
Affiliations
Timeline
Generic
Viral Shah

Viral Shah

Rouse Hill,NSW

Summary

"From spreadsheets to Success"

A results-oriented CPA and an effective finance leader, adept at applying 14 years of professional experience while being innovative and applying that entrepreneurial thinking to creatively identify and resolve issues in a timely manner. A strategist specializing in financial planning, reporting and budgetary analysis in both private and public sectors. Persistent leader eager to lead and grow organizations. Skilled in strategic planning, problem-solving, and communication with good understanding of business principles, project management and team leadership.

Overview

14
14
years of professional experience
1
1
Certification

Work History

Chief Financial Officer

ROYAL LIFE SAVING SOCIETY NSW| ACT | TAS.
01.2020 - Current

(A Not-for-Profit Organization around for 130 years dedicated to aquatic risk and drowning prevention. An RTO offering specialized training in swimming and lifesaving across NSW, ACT and TAS. A Charity advocating multicultural diasporas and forging partnerships for aquatic and life survival skills)

  • Developed strategic financial plans to support company growth and achieve long-term objectives.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Managed risk effectively through comprehensive insurance coverage review and implementation of robust internal controls.
  • Collaborated with executive leadership to establish budgetary guidelines and allocate resources efficiently across the organization.
  • Fostered a culture of continuous improvement within the finance team, encouraging professional development opportunities for staff members.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Oversaw the successful completion of external audits, addressing any recommendations promptly to ensure smooth operations.
  • Managed and led 8 direct reports to handle controllership, sales, human resources and payroll.
  • Established strong relationships with external stakeholders, including investors, analysts, and regulatory agencies to promote transparency and build trust in the organization''s financial management.
  • Spearheaded contract negotiation and financing to complete high-priority projects and realize target outcomes.
  • Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
  • Enhanced profitability with cost reduction initiatives, such as renegotiation of supplier contracts and process improvements.
  • Streamlined financial processes by implementing new accounting software and automation techniques.

SENIOR BUSINESS ANALYST

TAFE NSW
11.2018 - 12.2019

(Government aided educational body with over 276 institutions across NSW reporting to the Department of Education and responsible for providing vocation education, technical training and skilled trade upskilling)

  • Managed stakeholder expectations through transparent communication and timely status updates, ensuring alignment between project deliverables and business objectives.
  • Created detailed user stories for system enhancements, leading to improved functionality and user satisfaction.
  • Supported leadership team with reporting, analysis, and business presentations to inform divisional strategies.
  • Performed risk assessments on potential projects to determine feasibility and viability before moving forward with implementation plans.
  • Collaborated with cross-functional teams, ensuring a cohesive approach to business analysis.
  • Identified cost-saving opportunities by conducting thorough financial analysis on company expenditures.
  • Optimized resource allocation by conducting capacity planning exercises based on historical data and forecasted demands.
  • Managed team performance by implementing measurable metrics to track delivery of supporting requirement artifacts.
  • Analyzed performance metrics to identify opportunities to increase enrolments.

FINANCE MANAGER

NATIONAL COLLEGE AUSTRALIA (Kincare Group)
01.2016 - 11.2018

(An online Registered Training Organization specializing in aged care, disability, community services and home care)

  • Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Negotiated favourable terms with vendors, resulting in significant cost savings for the company.
  • Reviewed and approved capital expenditure requests, aligning with corporate objectives.
  • Collaborated with cross-functional teams for strategic business planning and growth initiatives.
  • Implemented risk management strategies to protect company assets and minimize losses.
  • Developed comprehensive financial reports for executive decision-making support.
  • Mentored junior finance staff, fostering professional development and strong team dynamics.
  • Optimized cash flow with diligent monitoring of accounts receivable and payable.
  • Championed best practices in financial management through ongoing training programs for staff members.
  • Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
  • Created organizational structures to improve accounting and finance functions.
  • Researched and facilitated software integration to streamline accounting and financial processes.

FINANCE MANAGER

WORKZONE
07.2014 - 01.2016

(Privately run Building Maintenance and Graffiti removal specialists engaging in Government led contracts across NSW, QLD and WA)

  • Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
  • Increased profitability by identifying underperforming investments, reallocating resources accordingly.
  • Facilitated effective financial decision-making by presenting complex data in simple visualizations.
  • Spearheaded implementation of financial software systems to enhance productivity and reporting capabilities.
  • Reduced reliance on external consultants by developing an in-house finance expertise centre.
  • Supported mergers and acquisitions activities, conducting due diligence and valuation analysis.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
  • Performed banking, business administration and financial tasks to guarantee five-star service for clients.
  • Supported financial director with special projects and additional job duties.
  • Established and checked coding procedures, monitored reports and updated internal files.
  • Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
  • Managed regular finance tracking for numerous branch offices and headquarters expenses.

SUPPORT ACCOUNTANT / INTERNAL AUDITOR

FLIGHT CENTRE LTD
10.2010 - 11.2012

(A SX Listed multinational travel group and a public listed corporation overseeing global operations)

  • Assisted in the successful completion of annual audits through diligent preparation, organization, and communication.
  • Enhanced budget management with detailed forecasting and variance analysis.
  • Increased financial transparency, presenting clear and concise reports for management review.
  • Established strong working relationships with vendors, clients, or stakeholders through prompt responses to inquiries or proactive communication.
  • Ensured compliance with applicable tax laws by accurately preparing and filing required forms on time.
  • Maintained up-to-date knowledge of industry best practices, staying current on changes in accounting standards, regulations, or technology trends affecting the profession.
  • Supported senior accountants and finance leadership in various ad-hoc projects or analyses to achieve organizational objectives.
  • Helped with preparation of year-end and statutory accounts to compare past reports and evaluate financial health of company.
  • Collaborated with external auditors to provide information for audit process.
  • Leveraged finance knowledge to strengthen controls and improve transparency.

Education

CPA -

CPA Australia
Sydney, NSW
2012

Master of Professional Accounting -

Macquarie University
Sydney, NSW
2009

Bachelor in Business Administration -

MS University
India
2006

Skills

  • Leadership and human resource engagement
  • Budgeting (rolling), Forecasting and Cashflow Management and Financial Reports Designing
  • Microsoft 365 Suite
  • ERP System Implementation
  • Systems – SAP, Attache, Xero, MYOB Exo, Ezidebit, IClassPro, Axcelerate, Shopify, Wix, Iplan, Cognos, Citrix, Employment Hero, Key Pay, Deputy and many more
  • Compliance Reporting
  • Accounting principles understanding
  • Audit Standards and Management Reporting
  • Financial Modelling and Macros
  • Strategic financial planning
  • Quantitative Analysis

Accomplishments

    · Financial systems transformations from a server - based accounting system Attache to a cloud-based accounting system Xero with paperless dynamics and integrating with Accelerate (SMS) and payment gateways skipping any manual uploads. Automatic bank feeds. (RLSSA)

    · Transitioning payroll (Attache) to Hero Pay and human resources system Employment Hero with rostering modules (transitioned from deputy), leave management and company wide data transformation enabling self-managed portals. (RLSSA)

    · Solely responsible for Business Performance Reports and being an integral part of the Management and Analysis reporting unit based at Kingswood campus. (TAFE NSW)

    · Transitioned direct (cost centre) staff to contractual saving employment on-costs and improving gross margin from 65% to 85% (NCA)

    · Effectively facilitated a Merger & Acquisition including due diligence process and transitioning the new company across to NCA (NCA)

    · Spearheaded a complicated Workers Compensation incident involving the M&A over the span of 2 years.(NCA)

    · Facilitated innovation in technologically savvy tools replacing excel spreadsheets in the form of “smart sheets” and internal management communication.(NCA)

    · Instrumental in clearing bad and uncollected funds worth $200K+ within first 3 months of commencing the role.

    · Designed a new debt management system as well as liaised with third party software resulting in increased revenue in direct debits from $5K per month to $50K per month. (NCA)

    · Reducing bad debts from $500K to $25K within the period of 5 months of working with the company. (WZ)

    · Discovered frauds on many occasions and saved the company a lot of future fraud occurrences and compensating through Audit fees and charges. (FCL)

    · Cost effective audit funds recovering 65% of lost funds.(FCL)

    · Project Copernicus – finding innovative methods of reducing time during month end processes.(FCL)

Certification

  • Working with Children Check
  • Xero Essentials
  • Leadership 365 and HBDI Profiling
  • CPR & First Aid Training

Street

Rouse Hill

References

Available upon request

Affiliations

  • CPA Australia

Timeline

Chief Financial Officer

ROYAL LIFE SAVING SOCIETY NSW| ACT | TAS.
01.2020 - Current

SENIOR BUSINESS ANALYST

TAFE NSW
11.2018 - 12.2019

FINANCE MANAGER

NATIONAL COLLEGE AUSTRALIA (Kincare Group)
01.2016 - 11.2018

FINANCE MANAGER

WORKZONE
07.2014 - 01.2016

SUPPORT ACCOUNTANT / INTERNAL AUDITOR

FLIGHT CENTRE LTD
10.2010 - 11.2012

CPA -

CPA Australia

Master of Professional Accounting -

Macquarie University

Bachelor in Business Administration -

MS University
  • Working with Children Check
  • Xero Essentials
  • Leadership 365 and HBDI Profiling
  • CPR & First Aid Training
Viral Shah