Krutik Shah, Ca, MBA
About Krutik Shah, Ca, MBA
Krutik Shah is a Chief Financial Officer with over 16 years of global experience in various industries, including telecom and financial services. He has held significant roles at companies such as Sky Telecom Group and Deutsche Bank, and he currently works at Mosaic International in Dubai.
Current Role as Chief Financial Officer
Krutik Shah serves as the Chief Financial Officer at Mosaic International, a position he has held since 2017 in Dubai, United Arab Emirates. In this role, he oversees the financial operations of the organization, ensuring effective financial management and strategic planning. His responsibilities include budget planning, analysis, and control, which are critical for maintaining the financial health of the company.
Previous Experience in Finance and Analysis
Prior to his current role, Krutik Shah held various significant positions in finance. He worked at Sky Telecom Group as Vice President Finance and later as Group Business Controller. His experience also includes a tenure at Deutsche Bank as a Senior Financial Analyst, where he contributed to securing preferential payment terms that significantly improved cash-flow flexibility. Additionally, he has worked at Abu Dhabi Commercial Bank and Bin Butti International Holdings, focusing on financial analysis and corporate development.
Educational Background and Qualifications
Krutik Shah has a robust educational background in finance and accounting. He earned his Master of Business Administration from Boston University, where he studied Finance, Strategy, and Business Analysis. He also holds a Master of Commerce and a Bachelor of Commerce from Gujarat University. Furthermore, he is a Chartered Accountant, having studied at the Institute of Chartered Accountants of India, which underscores his expertise in accounting and finance.
Skills and Areas of Expertise
Krutik Shah possesses over 16 years of global experience in various industries, including telecom, financial services, and infrastructure. His skills encompass budget planning, financial analysis, and operational control. He has implemented automation initiatives that significantly improved sales, collection, and stock reconciliation processes. His fascination with value investing and behavioral economics informs his approach to financial strategy.
Notable Contributions and Achievements
Throughout his career, Krutik Shah has made notable contributions to the organizations he has worked with. He managed budget planning for approximately AED 500 million in operational expenses and AED 180 million in capital expenditures at Abu Dhabi Commercial Bank. His initiatives have led to a high level of accuracy in financial reconciliations, handling a daily volume of approximately AED 2.5 million and around 1000 invoices.