Rushabh Shah
Founder @ Evolve Economy
About
I am CA Rushabh Shah, founder of Evolve Economy, a management consulting firm. We help entities prepare robust business plans, strengthen FP&A for them, improve their profitability, and advise and support them in their capital transactions. We also help entities outsource their accounting and compliance functions for their seamless business focus. Our clients range from startups to MSMEs, and family businesses. I qualified as a Chartered Accountant with an All India Rank 31. My internship with EY gave me a strong foundation in finance. Post qualification, I gained experience across various aspects of strategy, business, and finance in Marico and Loreal. I earned an invite only fellowship from Global Governance Initiative (GGI) and attained a PGDBM from NMIMS. Both these opportunities enhanced my management consulting and governance skills. I can be reached at rushabh.shah@evolveeconomy.com for any kind of conversation.
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India
Management Consulting
Management Consulting, Report Writing, Financial Reporting, Inventory Valuation, Fixed Asset Management, Internal Audits, Sales Management, Commercial Management, Business Process, Analytical Skills, Business Analysis, Financial Analysis, Data Analysis, Accounting, Business Knowledge, Auditing, Microsoft Office, Problem Solving
Experience
Founder
Evolve Economy
Mumbai, Maharashtra, India
Finance Manager - Accounting and Reporting
L'Oréal
Mumbai, Maharashtra, India
• Improved accounting hygiene for expenses worth ₹2500+ crores • Administered fixed assets and inventory management worth ₹750 crores+ • Attained On Time Payment (OTP) of 90%+ for all vendors on a monthly basis (Key CFO KPI) • Spearheaded end to end plant accounting for both the plants • Coordinated in Ind AS and IFRS Financial statements preparation and liaisoning with auditors for smooth closure
Finance Manager - Projects
Marico Limited
Mumbai, Maharashtra, India
• Demonstrated potential savings of ₹10+ crores through financial modelling in the edible oil business • Delivered 10%+ volume growth as part of New Product Launch • Explored 100+ retail and wholesale outlets in a month to generate incremental monthly sales of ₹10 lakhs • Amplified utilisation of ₹30+ crores sales spend in B2B Sales through adequate documentation • Diagnosed receivables for old collections worth ₹20+ crores through receivable management
Fellow
Global Governance Initiative
• Collaborated with the team to provide consultancy to an NGO in the field of sales, marketing, and logistics • Partnered with the fellows to author a white paper on the Digital India Policy
Executive
EY
Mumbai, Maharashtra, India
• Executed statutory audits and ICFR of an unicorn startup and listed companies with Rs. 20k Crores+ turnover • Assisted in framing processes and SOPs to improve operational efficiencies and financial health • Coordinated with data analytics team to identify crucial areas of business importance
Education
SVKM's Narsee Monjee Institute of Management Studies (NMIMS)
Business Management
The Institute of Chartered Accountants of India
R. A. Podar College of Commerce & Economics
R. A. Podar College of Commerce & Economics
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Rushabh Shah's Contact Information
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