Jayanthi “Jay” Ganapathy, the courageous and visionary Founder and CEO of FinAccurate LLC, has shattered gender and racial barriers to emerge as a successful woman of color and immigrant entrepreneur. Driven by a mission to positively impact the lives of one million employees, one million customers, and one million people, Jay has established FinAccurate as a brand with a purpose.
But Jay is not just a typical business leader. She is a tireless worker who is committed to achieving her mission through education and spreading happiness to a million people. Her dedication and unwavering focus on her goals have made her a truly exceptional and inspiring leader.
The Journey to Achieving Expertise
Jay’s professional background in accounting began at Philips Electronics, one of the world’s leading electronic companies. She held various roles, including assistant manager of financial services at Philips Electronics India. She later moved to the Australian branch of Philips Electronics as a financial accountant before transitioning to the North American branch, where she worked as a corporate accountant and manager of accounting operations.
Despite her extensive corporate experience, starting her own accounting firm in June 2015 presented Jay with significant challenges and obstacles. She had no prior experience or expertise in navigating the early stages of a start-up venture. Despite this, Jay persevered with unwavering faith, choosing to remain steadfast in her commitment rather than strategizing solutions.
Jay’s unwavering determination and commitment enabled her to overcome a myriad of challenges in the early stages of her business. She persevered through obstacles such as acquiring her first few accounting and taxation clients, ensuring that her business was profitable enough to cover both personal and business expenses, and more. Despite these difficulties, Jay remained resolute in her pursuit of success.
Eventually, her hard work paid off, and she landed a significant international client from Europe, marking a turning point for her business. Since then, her accounting firm has continued to grow and flourish, earning a reputation for reliability, professionalism, and exceptional service.
Supporting Small Business
FinAccurate LLC is an accounting firm that is focused on delivering business sense. The company is based on the core foundation of helping small business owners understand their critical financial statements and cash flow positions in order to make well informed decisions. This has a positive impact on the growth of the small business through increased cash flow, increased revenue and profitability, and reduced taxes.
At FinAccurate, the team believes that small businesses deserve the same kind of attention to detail and quality accounting services that Fortune 100 companies receive. Jayanthi Ganapathy founded FinAccurate to bring concepts and best practices used by Fortune 100 companies to SMB owners.It is her mission to help drive profitability and operational efficiencies by offering quality bookkeeping, accounting, and tax advisory services.
Making Competition a Way to Excellence
Jay discovers that competition doesn’t scare or disturb the company. Instead, it motivates them to achieve their best, provide exceptional service, and continuously merge advanced technology with practical applications to enhance their clients’ experiences. There are numerous chances to redefine what FinAccurate delivers and improve its ability to advance the accounting industry. Therefore, FinAccurate embraces challenges as growth opportunities and a way to distinguish themselves from their competitors.
FinAccurate focuses on Accounting & Tax Advisory services and act as a Proactive Partner that helps Small Business Owners make strategic, Informed decisions to grow every single year and not staying as a compliance Accounting firm providing only Bookkeeping and Tax Preparation services. It goes above and beyond what is typically offered in the accounting industry by reviewing financials with the small business owner every single month and reviewing their tax situation every quarter, rather than at the end of the year.
Improving Services
FinAccurate’s management prioritizes receiving feedback from their employees, empowering them to contribute to the company’s ongoing efforts to enhance their services to clients. They urge their team to think innovatively, exploring creative solutions and leveraging emerging technologies to drive progress. The company values and nurtures creativity, striving to provide a work environment where their employees feel a sense of belonging and respect. FinAccurate aspires to foster a culture where employees see their workplace as a second home. “We only groom and retain employees who can fit in with our culture,” says Jay.
Responsibilities Incorporate with Position
Despite her position as a Corporate Accountant, Jay felt constrained by the limitations imposed by her job description and the expectations that came with it. She was determined not to let her education and experience go to waste, especially when it came to helping small business owners. This conviction, along with the wisdom gleaned from the words of Jay’s mentor in faith, Dr. Daisaku Ikeda, helped her find the courage to take the plunge and start her own accounting firm. She asserts, “If you summon your courage to challenge something, you’ll never be left with regret. How sad it is to spend your life wishing, “If only I’d had a little more courage.” Whatever the outcome may be, the important thing is to step forward on the path that you believe is right.”
Jay’s unwavering commitment to realizing her vision of making a significant impact on the accounting industry fueled her persistence, despite the apprehension, uncertainty, and obstacles that accompany launching a startup. She continuously engaged in introspection, examining her goals and aspirations, which gave her the strength to persevere.
Leading with Values
Developing the courage to accept and nurture her authentic self is anchored in Jay’s fundamental personal principles. She is willing to challenge the status quo and societal conventions when necessary, trusting her intuition even when it conflicts with rational thinking. She embraces both failures and achievements as valuable learning opportunities. She possesses the skill of self-reflection and regularly evaluates and re-evaluates herself to realign with Jay’s core values. She says, “I am empowering other women around me and serving as a role model and inspiration for budding women entrepreneurs.” In addition, she emphasizes the importance of having the confidence and determination to say “no” when appropriate. She refuses to impose any constraints or boundaries on her potential and capabilities. “Not setting any ceilings or limits on what I can achieve,” says Jay.
Traits of a Leader
Jay is a firm believer in the importance of thinking outside the box and being open to constant learning. She believes that these qualities are coachable and trainable and that they can be ingrained within a company’s culture. Jay also recognizes the importance of gelling well with other employees and staff as well as having a positive impact on colleagues.
For Jay, being highly motivated to better oneself and contribute to the betterment of the immediate work environment is essential. She understands that a positive attitude and a willingness to learn and improve can have a significant impact on the overall success of the company.
Jay’s approach to work is characterized by a growth mindset, where she sees every challenge as an opportunity to learn and grow. She is always on the lookout for new ideas and perspectives, and she is not afraid to take risks and try new things. Her enthusiasm and drive are infectious, and she inspires those around her to strive for excellence and reach their full potential.
Vision to Get Better and Big
At FinAccurate, the vision is to become a world-class organization that offers comprehensive accounting and tax advisory services to SMBs. To achieve this, the company aims to leverage human expertise, automation, and technology effectively.
In the future, Jay envisions expanding her company’s accounting and tax advisory services beyond North America and into new regions, such as Australia and Europe. By doing so, FinAccurate can help even more SMBs optimize their financial performance and achieve their goals.
Quotes: “It’s important to have the courage to ask yourself what it is that you should be doing now, at this very moment.”
“The important thing is to take that first step. Bravely overcoming one small fear gives you the courage to take on the next.”
“Unless we take one step forward, we cannot take the next, much less a thousand.”
“If you failed yesterday, strive to win today. If you were defeated today, strive to win tomorrow.”
Written by Steve Sanchez.
