Vatsal D Mazani

Associate Partner

Mumbai, Maharashtra, India7 yrs 5 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • Led successful FP&A function transition from UK to India.
  • Managed a £1.2Bn budget with consistent forecast accuracy.
  • Drove revenue growth through strategic resource management.
Stackforce AI infers this person is a strategic finance leader in the Fintech industry.

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Skills

Core Skills

Fp&aBusiness FinanceCost Control

Other Skills

Strategic PlanningData AnalysisFinancial ModelingBudgetingForecastingCost SavingsCost ManagementManagement AccountingManagement reportingFinancial Planning and Analysis (FP&A)Business PlanningStrategic ThinkingOperational ExcellenceStartupsData Modeling

About

As a Chartered Accountant (CA) and Certified Management Accountant (CMA) with 6 years of experience, I specialize in strategy, business finance, transformation, and operational excellence. I’ve had the privilege of leading financial initiatives at Chalo, UpGrad, and Tesco, where I’ve driven everything from cost optimization to business expansion and financial planning & analysis (FP&A). At Tesco, I managed a £1.2Bn annual budget and achieved consistent forecast accuracy. I played a key role in streamlining processes and leading the successful transition of the FP&A function from the UK to India, enhancing collaboration across teams and delivering valuable insights to senior finance leadership in the UK. At UpGrad, as the Cost Controller and Procurement Lead, I managed a ₹60 Cr annual budget for software and tools while leading cost control initiatives. I worked with cross-functional leaders to streamline procurement processes and optimize resource allocation, enhancing operational efficiency and strengthening financial oversight. In my current role at Chalo, I initially served in the Business Finance setup, developing comprehensive financial models and annual operating plans (AOP). Now, in a core leadership capacity, I have driven revenue growth by optimizing routes and enhancing operational efficiency through strategic resource management and innovative solutions, sharpening my ability to blend strategic foresight with practical execution. Over the years, I have developed forecasting models, unit economics models for fundraising, and AOPs for management, the board, and investors, enabling strategic decision-making through data-driven analytical insights. I take pride in streamlining reporting processes to enhance operational efficiency, allowing myself and cross-functional teams to focus on providing value and driving business growth initiatives instead of routine reporting tasks. I am passionate about connecting with current and future leaders who are interested in the evolving landscape of business finance, change, transformation, strategy, and a growth mindset. I believe that collaboration and shared insights, combined with a people-friendly and inclusive approach, can foster innovation and drive effective transformation both in the workplace and beyond. If you've made it this far, it sounds like we might share a similar mindset! If you're up for a chat about any of the topics above, feel free to reach out to me at vatsal.mazani@gmail.com or drop me a DM. Let’s grab a coffee or have a friendly phone call—I’d love to connect!!

Experience

7 yrs 5 mos
Total Experience
2 yrs 5 mos
Average Tenure
3 yrs 5 mos
Current Experience

Chalo

2 roles

Senior Manager – Strategy, FP&A & Business Finance

Promoted

Apr 2024Present · 2 yrs 1 mo · Mumbai, Maharashtra, India · Hybrid

  • Core leadership member of the Chalo Premium Bus team, driving strategic execution and financial excellence through:
  • Strategic cross-functional collaboration to align business objectives with execution
  • FP&A, including financial modeling, budgeting, forecasting, and performance tracking
  • Revenue growth and optimization through data-driven pricing and financial strategies
  • Operational and scheduling planning to maximize efficiency and profitability
  • Data-driven decision-making, leveraging insights to drive business growth and scalability
Strategic PlanningData AnalysisFP&ABusiness Finance

Manager – Business Finance & FP&A

Nov 2022Mar 2024 · 1 yr 4 mos · Mumbai, Maharashtra, India · Hybrid

  • Started with responsibility of bulding FP&A and Biz Fin function at Chalo:
  • Financial Planning & Modeling
  • Business Finance Development
  • Performance Tracking & Planning
  • Strategic Business Partnering
  • Investor Relations & Stakeholder Management
  • Financial Forecasting & Insights
  • Operational & Scheduling Strategy
  • Data Analytics & Reporting
Strategic PlanningData AnalysisFP&ABusiness Finance

Upgrad

2 roles

Manager - Business Finance

Dec 2021Oct 2022 · 10 mos · Mumbai, Maharashtra, India

  • Special Projects Analysis
  • Technology Business Partnering
  • Annual Budgeting For Software & Tools
  • Collaborating with Cross-Functional Teams
  • Enhancing Operational Efficiency
Data AnalysisBudgetingBusiness Finance

Manager - Cost Control

Dec 2021Oct 2022 · 10 mos · Mumbai, Maharashtra, India

  • Budget Management for Software & Tools
  • Cost Control Initiatives
  • Procurement Management
  • Streamlining Procurement Processes
Cost SavingsCost ManagementCost Control

Tesco bengaluru

2 roles

Team Lead - FP&A

Feb 2020Mar 2020 · 1 mo

  • Traveling to the UK for finalizing budgeting and year-end exercises
BudgetingManagement reportingFP&A

Team Lead - FP&A

Oct 2018Dec 2021 · 3 yrs 2 mos

  • Star contributor of the year 2020
  • Successfully transitioned UK FP&A Manager role to India
  • Successfully handled end-to-end Planning cycle (LTP & Budgets)
  • Periodic Management accounts & Forecast reviews with Finance Director
  • Adhoc business partner analysis & working independently with Head of Finances
  • Operational excellence, process improvement, streamlining reports and dashboards thereby savings over 1000+ annualized hours
Management AccountingData AnalysisFP&A

Cnk & associates llp

Article Assistant

Oct 2014Dec 2017 · 3 yrs 2 mos · Mumbai, Maharashtra, India

  • Indirect tax, Direct tax and Statutory Audit

Education

The Institute of Chartered Accountants of India

CA - Chartered Accountant

Jan 2013Jan 2018

Institute of Management Accountants

CMA — Management accounting

Jan 2018Jan 2018

Narsee Monjee College of Commerce and Economics

Bachelor of Commerce (B.Com.)

Jan 2013Jan 2016

Shri Mahavira Jaina Vidyalaya, Andheri

Jan 2011Jan 2016

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