Akash Bhatia

Chief Financial Officer at Andela

New York, NY

How does this work?
Ask me about
Rho
Novo
Mercury
Work experience
logo

Dec 2020 - Present

Runway

Advisor

Siqi & Arya are making financials better-er and less boring-er.

Dec 2020 - Present

Operations Collective

Founding Member

logo

Oct 2020 - Present

Andela

Chief Financial Officer

Strategy/Finance/Legal stuff and also leading up New Products for Andela Andela is a global talent network that connects companies with vetted, remote engineers in emerging markets. Hundreds of leading companies leverage Andela to scale their engineering teams quickly and cost effectively. A distributed organization spanning four continents, Andela is backed by investors including Generation Investment Management, Chan Zuckerberg Initiative, Spark Capital, and Google Ventures.

logo

May 2020 - Present

Bolster

Advisor

Bolster is an on-demand executive talent marketplace that helps accelerate companies’ growth by connecting them with experienced, highly vetted executives for interim, fractional, advisory, project-based, or board roles. Bolster also provides on-demand executives with software and services to help them manage their careers as independent consultants and provides startup and scaleup CEOs with software and content to help them assess, benchmark, and diversify their leadership teams and boards.

logo

May 2019 - May 2020

Sandbox VR

Chief Financial Officer

Great team at a great company that fell on hard times because of COVID-19. Investors included: Andreessen Horowitz, Craft Ventures, Dreamers, SVB, Alibaba SandboxVR combines movie-quality, real-time motion capture technology with virtual reality, creating a fully immersive holodeck. Unlike other VR where you’re just a floating head, in SandboxVR you and your friends are fully immersed in the virtual world together -- you can see your bodies, you can high five, you can run -- like reality, elevated.

Jul 2016 - Apr 2019

Naspers Limited

Chief Financial Officer & Interim Head of Content - Showmax

ShowMax is the Naspers Group's SVOD business Executive Producer credits on: Tali's Wedding Diaries (multiple 2019 SAFTA winner; first streaming title in South Africa to receive a SAFTA) SNL Polska (formatted SNL for our Polish language SVOD service, live produced/live streamed) https://www.imdb.com/name/nm9575053/

Mar 2014 - Jun 2016

Naspers Group

Vice President of Finance - Classifieds - OLX Group

Built a global finance function for Naspers Classifieds (encompassing operations in over 40 countries and more than 20 finance professionals). M&A >$1.5B Managed groups include: OLX, Fixe Ads, Dubizzle, Tokobagus, Central Europe Classifieds, & letgo

Dec 2012 - Jun 2016

Naspers Limited

Director, Financial Planning and Analysis - OLX Group

Created and managed the FP&A function of OLX during a period of hyper-growth

logo

Jun 2012 - Dec 2012

World Wrestling Entertainment

Director, Financial Planning & Analysis

Finance lead for all matters related to the launch of the WWE Network; work directly with management (including CFO and CMO) on determining best position for the Network (pay, linear and/or OTT), start-up financial requirements, domestic/international launch strategies, subscriber growth and cash flow projections, and content amortization policies Create and design WWE Network presentation materials for negotiations with MVPDs SME on the implementation of MSO CRM system Drive strategic content monetization conversations by performing market research, introducing thought leadership, and working with organizational leaders and outside consultants to show how WWE media properties may be significantly undervalued; introducing new and unique ways to view WWE content by broadening the base of perceived competition to show WWE’s true value in the overall media landscape Create comprehensive budgets and three year plans, providing sensitivities around start-up/new business initiatives Work with Investor Relations on the creation of Board and Investor presentation materials

logo

Oct 2011 - May 2012

NBCUniversal, Inc.

Director, Financial Planning & Analysis, NBC News

Responsible for the entire financial reporting, budgeting and long-term planning process for News, MSNBC (P&L focus) and The Weather Channel. Worked directly with divisional CFO and Vice Presidents on technical accounting and operational issues including, business combinations, content revenue recognition, amortization, and impairment, restructuring and purchase price accounting. Served as technical accounting liaison to NBCUniversal Corporate. Nominated to Comcast LEAP program six months after hire.

logo

Sep 2010 - Oct 2011

HBO

Manager, Consolidation Systems and Financial Reporting

Reviewed the work of staff over HBO's consolidated P&L, Balance Sheet, Statement of Cash Flow and supplemental disclosure schedules. Created reporting infrastructure for the tracking, monitoring and reporting of HBO GO and MAX GO revenues and costs; was the main point of contact regarding technical accounting and operational issues related to HBO GO and MAX GO. Continued enhancement to Hyperion Financial Management, including multi-tiered ownership structures and "what-if" scenarios. Oversaw operational areas related to Talent/Media Relations, Scheduling, "second-run" residuals, market/audience/brand research and fixed assets.

logo

Dec 2009 - Sep 2010

HBO

Consolidations Lead, Hyperion Financial Management

Led a seven-member, cross-functional team that successfully implemented HBO's first consolidated financial reporting system (Hyperion Financial Management). Project was delivered on-time and under budget. As a result of the implementation, consolidated financial reporting, F&A and Tax could use a single data and report set for analytics and bypass manual Excel reporting processes. Additionally, manual processes such as equity pick-up and investment calculations and cost allocations and elimination entries were automated. Received an XP performance rating, the highest performance rating at HBO.

logo

Aug 2007 - Dec 2009

HBO

Senior Accountant, Consolidations

Responsible for HBO's consolidated financial reporting process including, P&L, Balance Sheet and Statement of Cash Flow and supplementary disclosure schedules; worked directly with operational reporting managers on technical accounting issues such as revenue recognition, business combinations, programming amortization and capitalization of content and software costs. Worked with F&A and Tax to ensure consistency across reported results, long term forecasts and tax returns. Proactively approached accounting guidance and industry trends in an effort to drive operational decisions (specifically related to business combinations and lease accounting). Consolidations lead on HBO's Oracle EBS implementation; assisted operational groups in writing reports using GL Wand.

Mar 2005 - Aug 2007

KPMG

Associate

Included a 15 month rotation at the firm's national office. Was the only rotational from a start class of over 500. While at the national office, received an EP-1 performance rating, the highest performance rating at KPMG. Remaining time with the firm was spent in audit; clients included Sony BMG (entertainment), Chemtura (manufacturing) and Yeshiva and Pace Universities (non-for-profits).

Education

2005 - 2006

Saint John's University

MBA

2001 - 2005

Saint John's University

B.S., Accounting

Talk to Akash

@ Copyright 2020 OfficeHours Technologies Co.