Parag Rajpal

Parag Rajpal brings nearly two decades of financial, operational and strategic experience. Currently, he serves as VP of Finance for a technology company in New York City. Parag Rajpal’s professional experience also spans interim management, restructuring and management consulting. Throughout his career, Parag has provided financial leadership to CEO and CFOs. Overseeing revenue forecasting, expense planning, pipeline management, & investor relations. Accountable for delivering detailed annual financial & operating plan, and the quarterly reforecasts. Responsible for preparing board decks, quarterly business reviews (QBR), designing sales compensation plans, working valuation provider and auditors to complete the 409a valuation report and annual audit. Managed a team of three direct reports • Prepare the monthly reporting package for all departments that includes financial statements, metrics, actual vs, budget variances and detail level explanations for any differences. • Constantly track the company’s expenditures by department and look for opportunities for savings, to deploy capital where it produces best return. • Partner and collaborate with Executive Management & department leaders on headcount planning, growing sales, reducing customer churn, infrastructure investments, improving NPS, and increasing profitability. • Review sales pricing and contracts for existing and prospective clients. • Negotiated favorable terms for debt facility and secured additional term loan from bank. • Assisted in improving business from negative EBITDA and negative free cash flow in 2015 to positive EBITDA and FCF in 2018. • Conducted financial due diligence on M&A deals; provide strategic support to executive team for all merger and acquisition opportunities. • Implemented key business metrics (LTV, CAC, & Magic number) to track in board decks and business reviews. Parag started his career in Management Consulting where he assisted the management of a 300M auto supplier in developing a plan to generate adequate EBITDA to cover fixed charges and secure a new line of credit (Company was sold to Audi) • Managed and developed 13-week cash flows, three statement models and liquidation models/ budgets for retail, telecom, media, and healthcare companies; provided financial models to lenders and potential equity investors. • Worked with 180B beverage client to assess feasibility & profitability of competing in the sports & energy drinks market. (client eventually acquired Honest Tea and entered into the energy drinks market) • Advised the management of 200M paper producer on their restructuring and financing alternatives. Parag holds degrees from University of Michigan and Simon School of Business in Rochester.