Ashish Pareek

Experience

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  Saltoun Franchise Holdings

  CFO/Interim CFO/ Sr. Consultant

  Jul 2021 - Jan 2024

  - Oversaw the finance organization including treasury, tax, pricing, shared services, and strategy for one of the largest franchise consolidators for Massage Envy. - Led the team to drive expansion/ M&A into an adjacent brand in Q1’22. - Enhanced the capabilities of the finance organization– focusing on people, processes, and technology to support growth. Developed and executed a road map for a shared services model across finance and HR. - Key process improvements – developed financial and operation KPI’s, reduced monthly reporting cycle time by 5 days; Implemented a forecasting process, leveraged data & insights to drive decisions. - Responsible for vendor management and driving efficiencies/synergies for all indirect spend

  • CFO/Interim CFO/ Sr. Consultant
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  Jackson Hewitt Tax Services

  VP Finance/ Head of FP&A

  May 2019 - Jun 2021

  - Led strategic initiatives to drive shareholder value including scenario planning for the impact of COVID-19 on the overall financial health of the company, staffing of tax professionals, revising incentive structure for tax professionals, and developing data data-driven approach for the store selection process. - Enhanced franchise working capital loan program in an extraordinary business environment (COVID) - Work closely with leaders to analyze business performance, identify trends/deviations from the plan, assess root causes, and recommend corrective action. - Built a culture of leveraging data and operational insights to drive key decisions

  • VP Finance/ Head of FP&A
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  Accordion Partners

  Director

  Dec 2016 - Dec 2018

  As Engagement leader executed value-creation initiatives for Office of the CFO for PE-backed portfolio companies. Assignments included finance transformation, process enhancements and performance improvement, M&A carveouts, stakeholder visibility. Clients spread across multiple sectors- financial services, technology/SaaS, consumer/retail, business services and manufacturing.

  • As Engagement leader executed value-creation initiatives for Office of the CFO for PE-backed portfolio companies
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  AIG

  Director Finance

  May 2015 - Jun 2016

  -Global Head of financial planning, analysis, and reporting, including support for quarterly earnings. -Responsible for review and valuation of strategic initiatives across AIG (run rate impact of over $400M) -Led a cross-functional team focused on cost reduction initiatives across key operating expenses- T&E, professional services, technology, real estate (run rate savings +$250M) -Led business transformation process to develop offshore capabilities. Provided strategic insights and execution support including operating model, planning, and managing transitions to shared services.

  • Director Finance
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  American Express

  Director/ multiple roles across US & India

  Apr 2003 - Apr 2015

  -Role expansion with CFO responsibility for $500M business across Europe, LATAM, and Asia -Instrumental in driving a business turnaround from a decline to a 5% revenue growth rate by enhancing investment discipline and streamlining market focus. -Created a framework to prioritize, optimize, and manage an investment pool (+$40M) across a global business with multiple products & channels to drive long term sustainable growth. -Led the business valuation and negotiation support on portfolio sale. Thought leadership and execution support to develop a one-stop shop for deal protocols with global external partners (50+ deals) -Led cross-functional teams in a challenging environment. Developed a change management strategy

  • Director Finance/ Multiple roles across US & India
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  EY

  Assistant Manager and Senior Associate

  Jan 2000 - Mar 2003

  • Transaction advisory: Advisor to the Government of India for the disinvestment of a $250M enterprise ▪ Due diligence, business valuations and implementing stock option plans: Assignments across multiple industries- tech/SaaS, telecom, manufacturing, and i