Amit Budhiraja
Chartered Accountant, Virtual CFO
New Delhi,Delhi
Summary
Dynamic and seasoned professional offering 27 years of rich expertise in: Financial Planning Financial & Strategic Planning Fund Management Business Planning MIS, Audit, Annual Reporting Due Diligence/ Mergers & Acquisitions Budgeting & Forecasting Working Capital Management
Overview
31
31
years of professional experience
2001
2001
years of post-secondary education
Work History
Proprietor
M/s Budhiraja A & Associates
09.2023 - Current
- Practicing Chartered Accountant with firm as proprietor M/s Budhiraja A & Associates (Chartered Accountants) and M/s Kumar Vijay Gupta & Co (Chartered Accountants), also expertising as Virtual CFO role
Virtual CFO, Tax Consultant
AMIT BUDHIRAJA
02.2023 - 09.2024
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
- Managed risk effectively through the establishment of a comprehensive risk management framework, safeguarding company assets against potential threats.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
Senior Vice President – Finance
GGJ Solutions Pvt Ltd
02.2021 - 01.2023
- Developed measurement tools, dashboards, and reports to track metrics on adoption and effectiveness of initiatives.
- Restructured departments for increased efficiency, optimizing resource allocation and improving communication between teams.
- Influenced organizational change initiatives that resulted in significant improvements in workplace efficiency and employee satisfaction.
- Championed innovation by encouraging cross-functional teams to pursue creative solutions to complex challenges.
- Led recruitment and development of strategic alliances to maximize utilization of existing talent and capabilities.
Partner
Sanoj K Gupta & Co
New Delhi
01.2018 - 01.2023
- Monitored partner performance and provided feedback on areas of improvement.
- Streamlined internal processes, fostering improved efficiency and productivity within the firm.
- Achieved successful client outcomes by identifying and addressing their unique needs and goals.
- Oversaw firm's day-to-day administrative operations, provided guidance to support staff and enforced compliance with state, federal, and local regulations across organization.
- Crafted persuasive written communications including briefs, memoranda, and contracts with attention to detail and clarity.
Partner
Subhash Ghyanshyam & Co
New Delhi
12.2016 - 01.2018
- Achieved successful client outcomes by identifying and addressing their unique needs and goals.
- Networked with other professionals and organizations to expand contacts and opportunities.
- Cultivated a positive work environment within the firm by promoting collaboration among colleagues.
- Leveraged technological tools for efficient case management, organization, and enhanced client communication.
- Stayed informed on industry developments and market trends to gain competitive advantage.
- Oversaw development of cutting-edge products and services, keeping firm competitive in rapidly evolving industry.
CFO & CS
Frontline (NCR) Business Solutions Pvt. Ltd.
05.2014 - 07.2016
- Handled the appraisal of: SPP (Sub Project Plan) for Milk Producing Company for World Bank Grant
- Business Reports for credit limit with Banks and Financial Institutions
- SKU & profit centre wise detailed reporting for management decisions
- Managed treasury/ Funds of about Rs
- 200 Cr with Financial Institutions
- Involved in finalization of business Plan for 5 years of Milk Producer Company
- Implemented the KRA of team periodically and review the same in-line with Departmental & Company objectives
- Streamlined the finance policies and implementation of audit observations and studies conducted for improvement
- Spearheaded the scope setting for complete internal audit via
- Big 4 for Big Milk Producers company
- Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
- Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
- Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
- Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
Practice Head – Finance & Accounts
NDDB Dairy Services
05.2013 - 04.2014
- Self-motivated, with a strong sense of personal responsibility.
- Skilled at working independently and collaboratively in a team environment.
- Worked well in a team setting, providing support and guidance.
- Passionate about learning and committed to continual improvement.
- Managed time efficiently in order to complete all tasks within deadlines.
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Worked effectively in fast-paced environments.
CFO
Wings Group
02.2011 - 05.2013
- Company Overview: (Wings Biotech, Wings Biotech Ltd & Wings Pharmaceuticals Pvt
- Ltd.)
- Recreated distribution structure & shifted National warehouse from Delhi to Zirakpur (Chandigarh) which saved INR 8 Lpm
- Implemented monthly review meeting with each department Heads and Key Managers for structured definition of duties, work expected and performance analysis based on KRA's
- Launched & managed centralized banking systems, e-payments process & direct CMS collections from 24 direct locations by the leading national bank
- Structured: Bank limit for LC and saved about Rs 4 Crores of FD from a lien
- MIS for Legal Department for all legal cases with legal status updated on a weekly basis (to be shared by all concerned departments) review of the performance of all legal personnel in monthly review meetings
- Ensured M/s Wings Biotech Ltd
- (for new Ethical Division) in Dec'11, and structured its policies, procedures and processes for accounting, ERP implementation, SOP on agreements, invoicing & credit control
- Submitted MIS reports are structured customized & implemented ERP in Apr'11 and completed all process & controls, structures, roles & responsibilities and started role of reviewing since December 2010
- Accomplished Merger requirement in two sister concerns, completed all legal and pending requirements for getting the case clear in ROC, OL & High court
- (Wings Biotech, Wings Biotech Ltd & Wings Pharmaceuticals Pvt
- Ltd.)
Head-Finance
Menarini Raunaq Pharma Ltd.
12.2006 - 01.2011
- Company Overview: (Part of Menarini, Germany & Italy based MNC, USD 4b)
- Mentored a team of 6 Account Executives at head office which involved 17 branches for accounts, audit and monthly MIS
- Established centralized pooling of funds to lower the interest cost; analyzed margins (product wise & client wise) & devised initiatives for improving profitability
- Demonstrated excellence in: Developing the Cash Management System and credit policies, for lowering receivable days from 45 to 28 days
- Handling IT functions as administrator for execution of backup policies & procedures & structuring IT Policy for all IT related work and review
- Accomplished task with service providers for work execution related to IT, Distribution, 3rd party manufacturing agreements, freight forwarders contracts, AMC of office equipments & computers
- Proposed and created a new format of business review of all departments in a single excel templates which involved Sales, HR, Logistics, Inventories, Debtors, Creditors, Financial P&L & Balance Sheets
- (Part of Menarini, Germany & Italy based MNC, USD 4b)
Director-Finance
G4S Cash Services (India) Pvt Ltd
10.2001 - 12.2006
- Company Overview: (part of G4S UK based MNC, USD 11b)
- (part of G4S UK based MNC, USD 11b)
- Implemented robust internal controls, improving the integrity of financial data and reducing errors.
- Evaluated new investment opportunities as part of broader corporate growth strategy deliberations by conducting thorough due diligence processes.
- Enhanced company profitability with rigorous cost analysis and budget management.
- Collaborated with executive leadership to develop long-term financial strategies aligned with company goals.
- Conducted thorough risk assessments to identify potential vulnerabilities in the organization''s financial systems.
- Cultivated an atmosphere of accountability among team members by establishing clear performance expectations coupled with ongoing feedback and support.
- Streamlined financial processes for improved efficiency and accuracy in reporting.
Mgr-Accounts & Taxation
Par Petrochem Ltd.
10.1998 - 10.2001
- Accomplished multiple tasks within established timeframes.
- Managed and motivated employees to be productive and engaged in work.
- Maximized performance by monitoring daily activities and mentoring team members.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
Accounts-Officer
Nihon Engineering (P) Limited
04.1998 - 10.1998
- Communicated and resolved disputes with clients regarding outstanding invoices, payments and adjustments.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Overhauled process for year-end inventory audits to improve accuracy.
- Developed strong relationships with external partners such as banks and vendors to facilitate smooth transaction processing on behalf of the company.
Article Clerk & Audit Assistant
B.S. Jindal & Company
07.1994 - 03.1998
- Statutory Audit of middle sized corporate and business
- Internal Audits of big corporate
- Tax Audits of Pvt Ltd Companies, Firms and proprietorship
- Tax filing of all types of tax payers including NGO's
- Maintained filing system and organized customer documents for easy retrieval of information.
- Enhanced office organization with regular maintenance of files, records, and supplies inventory.
- Utilized strong multitasking skills to manage multiple priorities and tasks, ensuring timely completion of each assignment.
- Supported administrative staff with timely completion of daily tasks, ensuring smooth office operations.
- Provided quality clerical support through data entry, document management, email correspondence, and overseeing operation of office equipment.
- Reduced errors in data entry by carefully inputting information into computer systems with attention to detail.
Education
Company Secretary -
I.C.S.I.
Cost Accountancy - undefined
I.C.A.I
Chartered Accountancy - undefined
I.C.A.I.
B.Com. (Honours) - undefined
SGTB Khalsa College, Delhi University
12th - undefined
C.B.S.E.
10th - undefined
C.B.S.E.
Diploma in System Management - undefined
NIIT
Skills
- ERP – Navision, Marg, Progen, C-Square
- MS Excel
- MS PowerPoint
- MS Word
- WIN 98
- DOS
- FoxPro
- dBase
- ERP – Navision, Marg, Progen, C-Square
Articleship Experience
Article Clerk & Audit Assistant, B.S. Jindal & Company, Chartered Accountants, 07/01/94, 03/31/98
Personal Information
Date of Birth: 11/07/73
Key Areas Of Proficiency
- Fundraising and capital structuring
- Financial strategy
- Business process improvement
- ERP implementation
Timeline
Proprietor
M/s Budhiraja A & Associates
09.2023 - Current
Virtual CFO, Tax Consultant
AMIT BUDHIRAJA
02.2023 - 09.2024
Senior Vice President – Finance
GGJ Solutions Pvt Ltd
02.2021 - 01.2023
Partner
Sanoj K Gupta & Co
01.2018 - 01.2023
Partner
Subhash Ghyanshyam & Co
12.2016 - 01.2018
CFO & CS
Frontline (NCR) Business Solutions Pvt. Ltd.
05.2014 - 07.2016
Practice Head – Finance & Accounts
NDDB Dairy Services
05.2013 - 04.2014
CFO
Wings Group
02.2011 - 05.2013
Head-Finance
Menarini Raunaq Pharma Ltd.
12.2006 - 01.2011
Director-Finance
G4S Cash Services (India) Pvt Ltd
10.2001 - 12.2006
Mgr-Accounts & Taxation
Par Petrochem Ltd.
10.1998 - 10.2001
Accounts-Officer
Nihon Engineering (P) Limited
04.1998 - 10.1998
Article Clerk & Audit Assistant
B.S. Jindal & Company
07.1994 - 03.1998
Cost Accountancy - undefined
I.C.A.I
Chartered Accountancy - undefined
I.C.A.I.
B.Com. (Honours) - undefined
SGTB Khalsa College, Delhi University
12th - undefined
C.B.S.E.
10th - undefined
C.B.S.E.
Diploma in System Management - undefined
NIIT
Company Secretary -
I.C.S.I.
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