EP 004 - The Un-accidental CFO with Venkatesh Tarakkad, CFO at DealShare

Strategy of Finance

Our special guest for the show today is Venkatesh Tarakkad, the CFO of DealShare.

With qualifications like Chartered Accountancy, ICWAI, and CISA, Venkatesh is a seasoned CFO with experience of over 25 years in building and scaling businesses, bringing efficiencies, managing funding rounds and acquisitions, as well as taking companies public.

Venkatesh has deep sector expertise in Retail, FMCG, and eCommerce areas, having led Finance functions at Ecom Express, TCNS Clothing, Metro Cash & Carry, and Lots Wholesale, as well as having prior associations with Ernst & Young and Coca-Cola. He joined DealShare in March of 2022 to make it the Retailer of Choice for India's Mass Consumers.

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Quotes:

"The whole process has been about getting deep, putting in a lot of hard work. I have seen quite a lot of brilliant colleagues, who are significantly more productive than me. But for me, I realized I need to put in quite a lot of extra efforts... going out of the way to learn new things, so I think those are the things which help me on my journey to become a CFO."

"If I needed to move from a career growth perspective, I need to be in an organization which will allow me to do that, and the earlier I joined may be the better."

"Then, I revised the projection because you can keep stiff targets for your team, but you can't do your cash flow projections on hope. Cash Flow projection has to be always realistic."

"Our job is to make sure that you have developed a system which gives the right information for business to take calls."

"It is the job of the CFO, even at an early stage, to communicate the importance of hygiene."

"I have certain priorities in life. It is very clear for me... Health, then Family, then third is I have a significant interest in sports, trekking, and motorcycle, and then comes everything else."

"I need to have people who can build processes and work in uncertain situations... I am more interested in seeing whether the person has the mindset to make the change."

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Where to find Venkatesh Tarakkad:

LinkedIn: https://www.linkedin.com/in/vtarakkad/

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Where to find DealShare:

LinkedIn: https://www.linkedin.com/company/dealshare-in/

Twitter: https://twitter.com/DealShareIndia

Website: https://www.dealshare.in/

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Where to find Rohit:

LinkedIn: https://www.linkedin.com/in/rohitagarwal001/

Twitter: https://twitter.com/podcast_SoF

Email: [email protected]

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Sponsor:

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