Armghan Ahmad

Strategic Finance @ Stealth

Brooklyn, New York, United States

About

UPenn'19, investment banking at Lazard, fashion-tech, luxury furniture, now building in stealth. Want to chat about sustainable fashion, clean beauty, anitrust law, russian lit, or A24 films? Me too :) drop me a line here or at [email protected] www.armghanahmad.com

Experience

  • Head of Strategic Finance at Stealth Startup
    Jun 2026 - Present · 2 mos

  • Director, Finance & Strategy at Maiden Home
    Jan 2024 - Jun 2026 · 2 yrs 6 mos

    Reporting directly to the CEO & Founder Sole finance lead for a $50M+ furniture brand scaling into multi-location retail Built the company's cash flow architecture from scratch, tying monthly P&L to all inflows and outflows across e-commerce, retail, trade, and contract channels. Own weekly executive reporting, annual budgeting as business has grown from $38M to a $65M run rate Led the end-to-end buildout of Maiden Home's physical retail expansion. Scoped and rank-ordered 8 target markets; evaluated sites and negotiated 2 leases totaling $15mm; project managed permitting, architects, general contractors, and consultants for Miami store opening on a $1.5M buildout budget, 12-month timeline. LA store currently under construction Building out a contract-focused outbound sales team of 4 reps with a $10M target in its first full year. Evaluate growth engine ROI for $6mm+ across paid, organic, retail, and outbound channels, including CAC/LTV modeling, retention cohort analysis, and attribution Drive product strategy and pricing across the full assortment. Led a margin restructuring across upholstered collections, balancing price competitiveness with gross profit accretion, resulting in +3% margin uplift Manage 1 direct report; have supervised multiple externs. Designed role architectures, interview processes, and case studies for finance, operations, and technology hires

  • Manager, Strategy & Corporate Development at Resonance Companies
    Aug 2021 - Dec 2023 · 2 yrs 5 mos

    Reporting directly to Chairman & Co-Founder Accomplishments include: Building & managing P&Ls from scratch for three multimillion dollar brands Architecting an operating model & developing KPIs for our factory, located in the Dominican Republic, with over 200 workers, and $4mm+ of machinery Creating a 5-year investor model for cash flow management & supporting Series B fundraising; Managing $1m+ of material expenditures and sourcing 200k+ yards of fabric to ensure a reliable supply chain Developing insights from 20,000+ customer returns to drive refits of key products representing $2mm+ of revenue Assessing performance of an external growth agency on $2mm of paid spend across 6 months, leading to decision to part ways

  • Investment Banking Analyst at Lazard
    2019 - 2021 · 2 yrs

    Capital Markets & Capital Structure Advisory Group Advising Macy's on its $4.5bn capital raise; Pacific Gas & Electric (PG&E) on its emergence from bankruptcy; Tivity Health on its sale of Nutrisystem to Kainos Capital; UCB Pharmaceuticals on its acquisition of Engage Therapeutics; Zymergen on its IPO on the NASDAQ; Millicom S.A. on its market listing on the NASDAQ; Adamas Pharmaceuticals on the renegotiation of its debt with Healthcare Royalty Partners

  • Undergraduate Research Fellow at University of Pennsylvania
    2018 - 2019 · 1 yr

    Philosophy of Finance Fellow at the Robert A. Fox Leadership Program at the University of Pennsylvania Researched and developed a curriculum around classical philosophy and modern economics, drawing from both traditional thinkers (Adam Smith, Plato, Aristotle, Thomas Aquinas) and modern economists and intellectuals (Ben Bernanke, Narayana Kocherlakota, John Maynard Keynes, David Graeber). Also hosted a podcast, since published online, interviewing Dartmouth’s Dr. Devin Singh on his book When Debt Becomes God