Ravid Leviner - CFO Of Galooli

Today’s teaching professional is Ravid Leviner.?

Ravid is the CFO of Galooli, which entails overviewing all the expenses and the company's financial growth.?

Academically he pursued a BA degree in business and finance with a specialization in accounting and then an MBA in TLV universities.?

We are talking about financial personality, which is always fascinating, as there is a lot we can learn from their knowledge of numbers, analysis, and the creation of financial reports.?

Currently, as the CFO, at Galooli, a high-tech company, involved in optimization and software creation regarding energy management. More specifically, they enable companies to Monitor and manage systems, which allows them to get diagnostics of all management platforms for energetic usage remotely and issue alerts if problems occur. But he sustained “not only the energies that people may think about like Gas or Oil but any type of asset in industries ranging from telecom to smart mobility.” It is possible to categorize their products as RTU or “remote terminal units.”?

He gave a fantastic example: "A Cell tower and how to charge it? We provide info regarding how much energy is consumed and therefore improving the recharge cycles”.??

He mentioned that “our company has faster cycles when it comes to business, and it stands in an ever-changing environment.”

The company was founded in 2005, and he started there as a financial controller, making him the CFO. He mentioned, "even though I am part of the C-level team, Galooli It’s a multifaceted company with different departments working together.”

In addition, he joined this industry as he wanted a change in the industries he had worked in previously. He claims, “it is a long-run process, as I can learn from every tenure I am spending in a company, just you need to have nailed your Timing and your strategy when it comes to your career.”?

Previous stints as the CFO of Galooli include the real-estate and financial analysis industries, specifically in real estate at Blue square real estate, where he was a Monitor of over 1 B Dollars of businesses and built business plans and rating companies.

He said, “I Handled auditors and lawyers, and I learned that when it comes to financing and law, it is a huge challenge to make them work together.” Also, he analyzed and reported sales and collections of A/R and payments.?

Specifically, Blue Square was renting buildings for businesses, and a small segment of their activities was also orientated towards private renting. But also, the company was completing projects for installations with long times to get building permissions, finding the other participants in the construction, etc.?

In the financial analysis industry, Ravid had a stint at EY, which is divided into different departments, and he specified that “auditors have different processes than controllers because, in my position, I needed to check if our clients were performing lawful operations and if the information is recorded correctly.”?

Moreover, I had the chance to learn more about the IFRS - accounting standards, the statements utilized in public companies, and a macro overview of the IPO process.?

Furthermore, we discussed the current status of costs, especially regarding energy, fixed costs, and some accounting specification for companies nowadays.?

Then I asked him who is an excellent CFO. “Give a good presentation of the company's financial status and moving with the company's business units.”?

Being a CFO makes it possible to develop a strategic point of view and new ways of production for the performance to remain stable and, therefore, not increase prices too much for clients. he Sustains

As a professional tip, Ravid said, “Never be afraid of saying your ideas and manage processes with a strong point of view while also knowing your system and the limitations always to be better.”