Amit Bora
Jaipur
Summary
Accomplished in financial planning and analysis, I leveraged expertise in variance analysis and strategic resource allocation to enhance operational efficiency by 15% at Apex Group Ltd. Skilled in Power BI and adept at fostering cross-departmental collaborations, I excel in transforming financial insights into actionable strategies, significantly impacting profitability and efficiency. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
16
16
years of professional experience
2
2
Certification
Work History
Freelance Consultant
Financial Incentives Consultant
11.2023 - Current
- Developed financial models to accurately project client's revenue and profitability, resulting in a 5% increase in investors.
- Monitored and analyzed external and internal trends related to financial issues and presented innovative solutions to client's senior management.
- Performed a cost of sales analysis to identify areas of optimization, resulting in a 5% cut in operational costs.
- Collaborate with accounting and finance teams of the clients to develop an annual operating budget identify cost-saving opportunities, resulting in a 10% reduction in labor expenses
- Supported creation of detailed, technical financial models to value potential acquisition targets.
- Prepared the annual budgeting process of the clients, collaborating with department heads to align budget with strategic goals, resulting in a 10% increase in operational efficiency.
Assistant Vice President - FP&A (SYNERGY)
Apex Group Ltd (India Branch)
10.2022 - 09.2023
- Drive the discussion and agree detailed Synergy targets for new acquisitions (using Due Diligence reports and detailed discussions with the M&A Team)
- Lead the Pune team to track performance against each synergy target (Compensation & Benefits, Real Estate, Information Technology, Other SG&A) through business review calls supported by detailed analytics of e.g
- Owned the newly developed ASTRA tool (synergy calculation and reporting tool)
- Update the synergy model in Prophix including the revised forecast on a monthly basis
- Prepare Board and Lender Presentation slides related to synergies.
- Strategized and implemented cost-saving strategies to improve operational performance, resulting in a 15% decrease in manual labor and 15% increase in efficiency.
- Coordinated with other departments to ensure accuracy of financial reports and fiscal compliance at all times.
- Implemented and maintained budgeting, forecasting models and variance analysis to track and monitor financial progress, and identified opportunity for improvement accordingly.
- Contributed to budget planning, and initiatives for communications, planning and coordination of facility management and space allocations.
Assistant Manager
KPMG Advisory Services
07.2022 - 09.2022
- Prepared budget for fiscal incentive to be given to Startups, Data Centers and ESDM industry in the State
- Policy formulation and preparation of scheme documents for DITECH
- Formulated the business plans for Startups looking for seed funds from DITECH in the fields of e-Commerce and Fintech Industry
- Prepared various adhoc financial budgets for incentive schemes pertaining to Startup policy
- Conceptualized the methodology to optimize the cost structure of the client while performing financial analysis of the firms looking for fiscal benefits.
Assistant General Manager
Bureau of Investment Promotion, Govt. of Rajasthan
06.2011 - 06.2022
- Provide detailed FP&A analysis to the various internal and external stakeholders on a regular and ad hoc basis
- Performed the valuation using DCF, Market Multiples for industrial sectors to acquire the business meant for diversification.
- Lead the budgeting, forecasting, and analysis of the organization's financial performance, while partnering with various stakeholders across the organization
- Performed benchmarking analysis of the various investment promotion policies/schemes of various national and state level organizations/Governments
- Assessed viability of investment projects in Renewable Energy Companies seeking fiscal (tax and non-tax) based incentives from the State Government after analyzing their respective Financial Statements and their business models
- Developed standard analytical tools to further aid Operating Groups in their financial planning and analysis and provide training to key stakeholders impacted by planning and forecasting activities
- Executed market intelligence activities by doing primary research in tandem with the Economics and Planning Department & Department of Energy, prepared quarterly reports on industry, market and economic trends
- Performed Corporate Valuation using the DCF, Relative Multiple, NAV techniques to raise funds for Renewable firms
- Conducted research on various segments of the markets and performing pre-marketing and soft launching activities for various industrial sector in Rajasthan
- Prepared and generated the MIS reports on the latest investment trends of various industrial sectors in the State
- Budgeting and forecasting for the investment related events and fiscal requirement of the specific incentives to be given to the specific industrial sector; variance analysis of the budgeting
- Conducting research on various segments of the markets and performing pre-marketing and soft launching activities pertaining to investment related promotional events at State, National and International levels
- Quarterly monitored the cash flows of the project in IT and Non-IT based, budgeting of the projects to optimally utilize the resource
- Perform in-depth financial analysis, including variance analysis and management dashboards, related to the organization's annual budget and forecasts
- Partnered with the Harishchandra Mathur Rajasthan Institute of Public Administration (HCM RIPA) to build a business case proposal for reducing Investment Promotion training which brought down training costs by 20% of the State Officers Training Academy.
- Implemented a new financial reporting system, enhancing data accuracy by 25% and providing real-time visibility into financial performance.
- Conducted comprehensive financial analysis for potential M&A opportunities pertaining to clients, contributing to the successful acquisition of a INR 150 cr. company.
Executive (Business Development Group)
KSK Energy Ventures Limited
03.2010 - 05.2011
- Pitch book preparation developed Financial Models and performed Valuation using DCF, Market Multiple techniques for Renewable Energy Based Projects to raise the Equity from PEs and debt from FIs
- Pivotal in setting up of the Renewable Energy based project in African Regions i.e Mozambique & South Africa
- Involved in developing the Cost Benefit Analysis model for bidding purpose and gathered information from electricity regulators and Power DISCOMs for identification of issues being faced by Power Companies
- Conducted the secondary research to gather the information pertaining to the Renewable Energy Market for Captive Power selling purpose.
- Determined cost of operations by establishing standard costs; collecting operational data
- Identified financial status by comparing and analyzing actual results with plans and forecasts
- Guides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions
- Suggested to improve financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management
- Reconciled transactions by comparing data in the SCADA System.
Executive (Strategy & Acquisition)
TOTEM Infrastructure Limited
05.2008 - 02.2010
- Prepared the corporate presentations and Financial Modeling of Infrastructure Projects for pitching to PEs
- Performed Valuation using DCF, Market Multiple techniques and Financial analysis on wide range of public and private entities or projects (BOT, BOOT ANNUITY)
- Designed and prepared the Financial Models for Discounted Cash Flow Method using the illiquidity discount, Market Multiple and Market Transaction based methods.
- Collaborated with internal departments to identify and manage demand for material and services.
- Conducted research, identifying potential vendors and better pricing options.
Education
POST GRADUATE DIPLOMA in Environmental Law -
National Law School of India University
01.2014
MASTERS in BUSINESS ADMINISTRATION in Finance - undefined
ICFAI Business School
01.2008
BACHELORS in BUSINESS ADMINISTRATION - undefined
ICFAI University
01.2006
Skills
- Financial Analysis
- Financial Planning
- Variance Analysis
- Project Finance
- Budgeting
- Forecasting
- Google Advanced Search
- Power BI
- SPSS
- Microsoft Word
- Excel
- PowerPoint
- Reporting oversight
- Market Analysis
- Resource Allocation
- Budget Oversight
Professionaltrainingprograms
- EXECUTIVE DEVELOPMENT PROGRAM ON FINANCIAL STATEMENT ANALYSIS AND BUSINESS VALUATION, Dun & Bradstreet, Hyderabad, 02/01/09
- EXECUTIVE DEVELOPMENT PROGRAM ON WORKING CAPITAL MANAGEMENT, Dun & Bradstreet, Hyderabad, 04/01/09
- EXECUTIVE DEVELOPMENT PROGRAM ON WINING FDI IN RAJASTHAN, World Bank, New Delhi, 06/01/14
- EXECUTIVE DEVELOPMENT PROGRAM ON WTO & INTERNATIONAL TRADE ISSUES, Rajasthan State Institute of Public Administration, New Delhi, 07/01/14
Awardsrecognitions
- Second Prize Winner - IP Business Strategy, IIM Bangalore, 02/01/07
- Co-Founder - ADmire IBS Hyderabad - The Official Branding and Advertising Club of ICFAI Business School, Hyderabad, 04/01/07
Certification
Financial Modeling and Valuation Analyst (FMVA)® by Corporate Finance Institute, Canada in April 2020
CERTIFICATION IN PROJECT FINANCE by Equalifi (erstwhile AIWMI) in June 2020
Hobbies
Wood Carving, Clay Modeling
Additional Information
PROFESSIONAL TRAINING PROGRAMS:
- EXECUTIVE DEVELOPMENT PROGRAM ON FINANCIAL STATEMENT ANALYSIS AND by Rajasthan State Institute of Public Administration (Govt. of Rajasthan and Ministry of Commerce, Govt. of India, New Delhi, in 2014
- EXECUTIVE DEVELOPMENT PROGRAM ON WORKING CAPITAL MANAGEMENT by Dun & Bradstreet, Hyderabad in 2009
- EXECUTIVE DEVELOPMENT PROGRAM ON WINING FDI IN RAJASTHAN by World Bank and IFC, New Delhi in 2014
- EXECUTIVE DEVELOPMENT PROGRAM ON WTO & INTERNATIONAL TRADE ISSUES By Rajasthan State Institute of Public Administration (Govt. of Rajasthan and Ministry of Commerce, Govt. of India, New Delhi, in 2014
Languages
Hindi
Bilingual or Proficient (C2)
English
Advanced (C1)
Accomplishments
- Co-Founder – ADmire IBS Hyderabad – The Official Branding and Advertising Club of ICFAI Business School, Hyderabad in April 2007.
- Second Prize Winner – IP Business Strategy
IIM Bangalore in Feb, 2007
Software
MS Office
SPSS
Power BI
Timeline
Freelance Consultant
Financial Incentives Consultant
11.2023 - Current
Assistant Vice President - FP&A (SYNERGY)
Apex Group Ltd (India Branch)
10.2022 - 09.2023
Assistant Manager
KPMG Advisory Services
07.2022 - 09.2022
Assistant General Manager
Bureau of Investment Promotion, Govt. of Rajasthan
06.2011 - 06.2022
Executive (Business Development Group)
KSK Energy Ventures Limited
03.2010 - 05.2011
Executive (Strategy & Acquisition)
TOTEM Infrastructure Limited
05.2008 - 02.2010
MASTERS in BUSINESS ADMINISTRATION in Finance - undefined
ICFAI Business School
BACHELORS in BUSINESS ADMINISTRATION - undefined
ICFAI University
Financial Modeling and Valuation Analyst (FMVA)® by Corporate Finance Institute, Canada in April 2020
CERTIFICATION IN PROJECT FINANCE by Equalifi (erstwhile AIWMI) in June 2020
POST GRADUATE DIPLOMA in Environmental Law -
National Law School of India University
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