Binay Prasad Shah
About Binay Prasad Shah
Binay Prasad Shah is a Manager at Blend in Bengaluru, India, with a strong background in Accounting and Finance. He has achieved several qualifications, including CA Inter and Certified Management Accountant, and has a proven track record in finance operations and cost-saving strategies.
Work at Blend
Binay Prasad Shah has been serving as a Manager at Blend since 2022. His role is based in Bengaluru, Karnataka, India, and operates in a hybrid work environment. In this position, he focuses on managing various finance operations, utilizing his extensive background in accounting and finance to drive efficiency and cost savings.
Education and Expertise
Binay Prasad Shah has a solid educational foundation in accounting and finance. He studied at the Institute of Chartered Accountants of India (ICAI) and achieved CA Inter Qualified from 2007 to 2016. He also holds a Bachelor of Commerce from St. Xavier’s College, completed between 2007 and 2010. Additionally, he earned the Certified Management Accountant designation from the Institute of Management Accountants in 2018. His academic background is complemented by his studies at D.B.M.S. English School, where he completed his Senior Secondary education.
Professional Background
Before joining Blend, Binay Prasad Shah worked at Bunge as an Associate Manager from 2021 to 2022. In this role, he managed finance operations for a hedge fund client with a net asset worth of $23 billion. His previous experience also includes directing accounting operations for an asset base exceeding $400 million and revenue over $230 million, showcasing his capability in handling large financial portfolios.
Achievements
Binay Prasad Shah has successfully implemented automation and improvement strategies that resulted in cost savings of $40,000. He played a key role in streamlining intercompany and treasury structures, which contributed to revenue process improvements. Additionally, he led a transition project that achieved a 50% reduction in full-time equivalent (FTE) positions and a 40% reduction in operating expenses, demonstrating his effectiveness in enhancing operational efficiency.