Deepak V Naragund

CEO

Bangalore, Karnataka, India20 yrs 10 mos experience
Highly Stable

Key Highlights

  • Over 20 years of finance expertise across multiple global firms.
  • Led successful GST rollout across diverse regions.
  • Co-founded a FinTech platform enhancing investment accessibility.
Stackforce AI infers this person is a seasoned finance executive with extensive experience in Fintech and corporate finance.

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Skills

Other Skills

AnalysisAuditingBig DataBudgetingBudgetsBusiness DevelopmentBusiness FinanceBusiness PlanningCFOCRMChannel PartnersCloud ComputingCompetitive AnalysisContract NegotiationControllership Functions

About

Currently, an Entrepreneur, previously, an Executive level Regional CFO, a Chartered Accountant & a Business Finance expert with more than 20 yrs of wide ranging experience of working with global consulting & services firms (PwC, Goldman Sachs), Information Tech & Hybrid Cloud Data services companies (HP, NetApp) & the US based Test and Measurement MNC, NI & AMETEK; Global experience of working with teams across APAC, US, EMEA, Russia & India in various finance portfolios- particularly in Decision Support areas, Currently: Co-Founder & CFO of Financial Insight Ventures and Partner, Finsight Advisors- using the range of experience gained over the past 2 decades in the industry, to enable financing and consulting solutions to MSMEs (startups and healthcare industry focused) Previously held key Roles: Finance Director, India and Middle East for AMETEK- responsible for all Finance and Legal matters related to AMETEK's India and Middle East businesses. As Regional Finance Controller (India, Russia, ME, Africa & on a short term basis for the Northern European region), National Instruments spearheads all finance activities across regions which include Budgeting, Planning, Forecasting, Statutory Accounting, Compliances & Banking relationships; Manages a diverse, multicultural team across India, Lebanon, Russia, Northern Europe & works with multiple accounting partners across countries; Led the successful GST rollout for the organization Country Manager, Finance, (Finance Controller - India Business) NetApp India; Worked on various Global initiatives as a member of the Guiding Coalition at NetApp Director on Board of NetApp India Marketing & Services Pvt, Ltd Enabled the successful certification of all NetApp products from Indian Regulatory authorities (BIS) As Business Operations Manager- Enterprise Servers, Storage & Networks, HP India; Worked on Market Segmentation for GTM transformation of Enterprise Business in India; Managed Rollout of Integrated General Ledger system for HP India- Services business unit Specializations: • Business Partnering/ Business Finance • Strategic Finance and Resource Planning • Budgeting and Financial Forecasting- FP&A • P & L Leadership / Cash Flow Optimization • Revenue Growth / Business Development • Deal pricing and contracting • People management Email- deepak_naragund@rediffmail.com

Experience

Arca alternatives

Chief Investment Officer

Oct 2024Present · 1 yr 5 mos · Bangalore · On-site

  • Investment Manager at ARCA Alternatives, a SEBI registered CAT II AIF.

Indiassetz

Group CFO, Cofounder- Stealth-mode startup

Jun 2024Present · 1 yr 9 mos · Bangalore · On-site

  • Group CFO for Indiassetz and Co-founder in a stealth mode startup!

Financial insight ventures

Co-Founder and CFO

Mar 2022Jun 2024 · 2 yrs 3 mos · Bengaluru, Karnataka, India

  • Financial Insight Ventures Private Limited is developing a FinTech platform, UpCap, to address the problem of growth and accessibility.
  • Growth, for retail and HNI investors in investment options and for borrowers, in access to working and growth capital.
  • Accessability is being addressed by keeping the entry ticket size low so that first time investors can experience the power of higher returns on investments.

Ametek india

2 roles

Director of Finance

Aug 2020Feb 2022 · 1 yr 6 mos

  • Finance Director for AMETEK's India and Middle East Businesses. Responsible for all aspects of Finance, Legal and Procurement for this region. Key responsibilities included business partnering, long term and short term planning, budgeting, taxation, treasury and banking.

Director Finance

Jul 2020Feb 2022 · 1 yr 7 mos

National instruments

Finance Business Partner, India, Russia, Arabia and Africa

Jan 2017Jun 2020 · 3 yrs 5 mos · Bangalore

  • Managed a diverse, multicultural team across India, Lebanon & Russia & also working with multiple accounting partners across various countries & managing relationships
  • Responsible for all finance activities in the region which includes Budgeting, Planning, Forecasting, Statutory Accounting, Compliances, Banking relationships, Outside Accountant firm relation management and team management
  • Led a multi-regional finance team across EMEIA on a “Great Places to work” initiative, evaluated existing tools, identified & defined the desired state & made relevant recommendations for changes that are being implemented
  • Standardized the finance deliverables for the region to be in line with Europe- in terms of quality of output as well as timelines; Setup a team & achieved Best GPTW scores amongst the finance teams in EMEIA
  • Improved credit and collections matrices- reduced aged AR/ gained more visibility into customer operations to enable improved collection strategies
  • Led the successful GST rollout for the organization

Netapp

Country Manager, Finance (NetApp India Marketing and Services Private Limited)

Dec 2011Dec 2016 · 5 yrs · Bengaluru, Karnataka, India

  • Finance Controller for India Business with End to end finance responsibilities for the India sales and marketing entity including business partnering, budgeting, month end close, annual planning, forecasting, customer and vendor negotiations, sales planning etc
  • Mandate to manage India business for Balance sheet management, P&L Management, Financial planning, analysis and reporting, Business partnering, Long term and short term planning
  • Core team member of the APAC testing team during the rollout of Hyperion Reporting in the company
  • Rolled out the Leasing Business for NetApp products in India- established vendor relations, negotiated transactions with customers & worked with Global/ APAC lease teams to get the same rolled out
  • Involved in the set-up of the India Shared Services team for various Global processes
  • Hyperion roll out in APAC- part of the user acceptance test team
  • Trained various partners in partnership with the legal team on various matters of legal, FCPA and other compliances;

Hewlett-packard

3 roles

Business Operations Manager - Enterprise Servers, Storage and Networks (ESSN)

Promoted

Oct 2010Nov 2011 · 1 yr 1 mo

  • Responsible for long term and short term planning, pipeline management, go-to-market analysis and quota deployment
  • Developed the strategy, along with Sales heads, to meet the targets set within the country
  • Developed the mid-term and long term plans for the Business Unit (BU)- 3 years growth plan
  • Facilitated sales forecasting, pipeline reporting and sales development programs from Asia Pacific and Japan (APJ) Headquarters

Sales Finance - Enterprise Business

Jan 2008Oct 2010 · 2 yrs 9 mos

  • Responsible for sales planning, go-to-market planning, opex and marketing financials in addition to support on big deal terms and conditions negotiations from a revenue recognition perspective
  • Participated in the country sales planning exercise- provide analysis for the Go to Market strategy, sales representatives’ quota, monitor credit allocation
  • Provided presales support on commercial terms & conditions’ negotiations with customers for large deals
  • Handled deal pricing and advice on revenue recognition implications under US GAAP
  • Participated in the annual planning exercise
  • Worked on a Three Year Planning for Enterprise Business (EB) BU
  • Responsible for managing and reporting EB operating expenses- (Field Selling cost, Country Manager costs and Marketing expenses)
  • Worked with the Country senior leadership team for all country reviews and presentations

Financial Analyst- Enterprise Business

Jan 2004Dec 2007 · 3 yrs 11 mos

  • Worked with the India business and management teams and the APJ headquarters to set targets for the BU with respect to orders/ revenue/ margin for the following year
  • Closed the books of the BU during the Month End Close process
  • Monthly review with the business managers to highlight the key financials and action plan needed to achieve the targets
  • Reported to APJ on the performance and also forecast for the balance quarter
  • Periodic reviews of project completion and sign off status with the Business Managers
  • Initiated a weekly review of projects’ status with all the relevant stake holders from business, procurement, delivery and operations teams. This process helped improve the forecast accuracy in terms of revenues and margins and also resulted in increased control over the business for the BU head
  • As Opportunity Consultant was involved in the pricing of tenders that HP decided to participate in
  • Responsible to provide inputs on the financial terms and conditions on tenders, Deal structuring, Deal Pricing, Customer negotiations

Goldman sachs

Associate, Controllers

Nov 2007Dec 2007 · 1 mo

  • Managed the Controllership functions for Asia Special Situations Group
  • Provided support for the Month-End close and Quarter close Balance Sheet substantiation exercise

Price waterhouse

Senior Assurance and Business Advisory Services (ABAS)

Sep 2002Dec 2003 · 1 yr 3 mos

  • Field in-charge of the audit and liaison between the audit team and the client
  • Statutory Audits of various companies in the Technology sector notably IBM, Tyco; Also Stock audits & Tax Audits

Education

Institute of Chartered Accountants of India

Chartered Accountant — Accounting and Business/Management

May 1999May 2002

Chartered Accountant

CA — Commerce

Jan 1999Jan 2002

Bangalore University

B Com — Commerce

Jan 1998Jan 2001

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