Fazal Thakkar

Fazal Thakkar

Business Operations Associate

Followers of Fazal Thakkar545 followers
location of Fazal ThakkarWest Haven, Connecticut, United States

Connect with Fazal Thakkar to Send Message

Connect

Connect with Fazal Thakkar to Send Message

Connect
  • Timeline

  • About me

    Financial Analyst @ Decent Housing, LLC | MBA, Financial Mathematics | Ex-Deloitte

  • Education

    • University of New Haven

      2022 - 2023
      Master of Business Administration - MBA Financial Mathematics
    • St. Joseph's Degree & PG College

      2018 - 2021
      Bachelor of Commerce - B.COM Commerce & Accounting
  • Experience

    • Famous Beauty Collection

      Mar 2016 - Dec 2019
      Business Operations Associate

      During my role as a Business Operation Associate, we have achieved a 70% increase in store sales over 2 years, averaging 35% annual growth through targeted marketing and customer engagement. Launched a new branch that independently boosted company revenue by 20% in its first year. My experience included:▪ Marketing & Strategy: Developed successful marketing campaigns that attracted diverse customers.▪ Business Management: Gained hands-on experience in retail operations, financing, and budgeting.▪ Financial Skills: Prepared journal entries and assisted with account reconciliations.▪ Expansion Success: Led the strategic planning and execution of opening a new branch.My focus was on leveraging my skills in sales, marketing, and business management to drive growth and optimize retail performance. Show less

    • Self-employed

      Jun 2020 - Jul 2021
      Finance Tutor

      As a Finance Tutor, I provided comprehensive support to undergraduate students, focusing on introductory finance topics. My approach was centered on aligning sessions with curriculum standards to ensure maximum relevance and impact.▪ Tutored undergraduate students for 20 hours per week.▪ Covered topics such as accounts payable/receivable, ledgers, and financial statements.▪ Collaborated with professors to maintain alignment with academic deadlines.▪ Engaged with over 12 students individually and in group settings, helping them achieve academic goals. Show less

    • Deloitte Consulting

      Jul 2021 - Nov 2021
      Financial Analyst

      As an Engagement Financial Analyst at Deloitte, I played a key role in managing engagement economics, financial metrics, and risk management throughout the entire project lifecycle. I was responsible for preparing budgets and forecasts, tracking financial metrics, and managing project billing and receivables. My role required interaction with senior-level to present analyses, discuss recommendations, and provide financial advice for successful project execution.Key responsibilities included:▪ Financial Management: Prepared budgets and forecasts, tracked revenue, margins, and expenses, and handled billing and receivables.▪ Interaction: Presented financial analyses and recommendations to senior-level and provided ongoing project financial advice.▪ Project Oversight: Implemented engagement management controls, performed PMO tasks, and managed day-to-day contract activities.▪ Risk and Quality Management: Applied standard processes for project management, quality control, and risk management.▪ Team Contribution: Contributed to the EFA team’s development through participation in practice initiatives and leveraged advanced Excel and PowerPoint skills for detailed reporting.In this role, I supported engagement teams by ensuring projects stayed on track and within budget, while contributing to Deloitte’s hybrid work model that balances virtual and in-person interactions. Show less

    • Pacific Computers

      Dec 2021 - Jun 2023
      Junior Financial Analyst

      In my role as a Financial Analyst at Pacific Computers, I played a pivotal role in maintaining financial accuracy and optimizing the company's financial operations. My focus on reconciliation, financial analysis, and reporting led to significant improvements in cash flow and operational efficiency.Key Responsibilities:▪ Cash Flow Improvement: Enhanced cash flow by 40% through diligent weekly reconciliation of accounts payable and receivable. Efficiently resolved discrepancies, ensuring more accurate and reliable financial management.▪ Financial Operations Support: Streamlined daily financial operations and improved month-end and year-end closing processes, resulting in a 30% reduction in closing time. This led to more timely and accurate financial reporting.▪ Cost Analysis and Expense Reduction: Conducted in-depth cost analysis and implemented expense reduction strategies, which increased profitability by 20%. Identified and addressed areas of inefficiency to improve overall financial health.▪ Revenue Growth: Leveraged sales trends and key performance indicators (KPIs) to optimize pricing strategies, driving a 25% increase in revenue. Used data-driven insights to make strategic pricing decisions that enhanced revenue performance. Show less

    • Wireless Choice, LLC

      Jul 2023 - Dec 2023
      Finance Intern

      As a Finance Intern at Wireless Choice LLC, I played a pivotal role in enhancing financial accuracy, streamlining processes, and optimizing budget management. My contributions were instrumental in improving financial performance and operational efficiency within the organization.Key Responsibilities:▪ Financial Reporting: Compiled and analyzed monthly financial reports, including income statements and cash flow statements, to ensure the accuracy and reliability of financial data. This enabled better financial oversight and informed strategic decision-making.▪ Invoice Processing Optimization: Streamlined invoice processing and payment tracking, which improved accounts payable and receivable efficiency and resulted in a 20% reduction in processing time. This optimization significantly enhanced operational workflows.▪ Budget Refinement: Refined budget models and conducted variance analysis, leading to a 15% improvement in budget accuracy. This was achieved through precise budgeting, forecasting, and financial analysis, contributing to more effective financial planning.▪ Sales Data Analysis: Evaluated sales data and customer purchasing patterns to provide recommendations for optimizing pricing strategies and improving sales forecasts. These insights supported better revenue management and strategic adjustments. Show less

    • Decent Housing, LLC

      Jan 2024 - now
      Financial Analyst

      As a Financial Analyst at Decent Housing, LLC, I play key role in optimizing revenue strategies, managing budgets, and enhancing tenant satisfaction. My contributions have significantly improved financial performance and operational efficiency within the real estate sector.Key Responsibilities:▪ Revenue Optimization: Implemented and refined pricing strategies based on occupancy rates and market trends, boosting rental revenue by 12%. This involved analyzing data to ensure pricing adjustments aligned with market conditions and revenue goals.▪ Financial Reporting: Developed detailed financial reports to monitor property performance, enabling data-driven decision-making and strategic planning. My reports provided crucial insights that supported effective management and planning efforts.▪ Cost Management: Managed budgets for expenses and capital improvements, achieving a 15% reduction in costs by negotiating more favorable vendor contracts and optimizing expense management. This proactive cost control contributed to overall financial health.▪ Tenant Retention: Collaborated with property owners to enhance portfolio performance and tenant satisfaction, resulting in a 20% increase in tenant retention. This involved implementing strategies to address tenant needs and improve overall property management. Show less

  • Licenses & Certifications

    • Graduate Record Examinations

      Educational Testing Services
      Sept 2021
    • Cambridge English: Business Vantage (BEC Vantage)

      Cambridge International Education
      Apr 2019
    • International English Language Testing System

      IDP Education Ltd
      Sept 2021
  • Honors & Awards

    • Awarded to Fazal Thakkar
      Pioneer Credit Union Foundation Scholarship Awards Pioneer Mutual Federal Credit Union Sep 2022 Pioneer Credit Union Foundation Scholarship Recipient for Academic Merit and Essay Excellence.
    • Awarded to Fazal Thakkar
      Dean's Scholarship University of New Haven Jan 2022 Dean's Scholarship recipient for master's studies at University of New Haven.
    • Awarded to Fazal Thakkar
      Deloitte GSM Hobbyist Deloitte Mar 2020 Winner of the Deloitte Graduate School Maverick's Hobbyist Competition for Photography.
  • Volunteer Experience

    • Uniformed Community Service Volunteer

      Issued by Ismaili Volunteers (IV) on Jan 2022
      Ismaili Volunteers (IV)Associated with Fazal Thakkar
    • Scout

      Issued by The Bharat Scouts & Guides on Mar 2013
      The Bharat Scouts & GuidesAssociated with Fazal Thakkar
    • Member - Eveready Group of Hyderabad

      Issued by Ismaili Volunteers (IV) on Mar 2016
      Ismaili Volunteers (IV)Associated with Fazal Thakkar
    • Assistant Lead - Eveready Group of Hyderabad

      Issued by Ismaili Volunteers (IV) on Mar 2018
      Ismaili Volunteers (IV)Associated with Fazal Thakkar
    • Student Volunteer

      Issued by National Service Scheme on Jan 2018
      National Service SchemeAssociated with Fazal Thakkar