Apoorva Purohit
CPA, ACA
Mumbai
Summary
Accounting professional with 5 years of experience in financial planning and analysis. Proficiency in risk aversion strategies, cost optimization options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities.
Overview
7
7
years of professional experience
8
8
years of post-secondary education
Work History
Business Finance Manager
Wipro Limited
10.2022 - Current
- Preparation, execution, and analysis of the revenue and margin forecasts
- Identifying and analyzing new business avenues from existing portfolio along with other stakeholders
- Performing book closure activities involving revenue recognition, cost closure, provision recognition
- Driving margin governance, through identifying and adopting cost take out initiatives
- Driving improved debt ageing, reduction in unbilled and timely invoicing
- Highlighting financial risks involved in the portfolio to all the relevant stakeholders
- Preparing variance analysis report to identify reasons triggering the deviation from forecasts
- Analyzing and presenting report to the management on overall portfolio performance.
Financial Analyst
Infrastructure Advisors Private Limited
06.2022 - 09.2022
- Preparing Credit Assessment Report and assisting client to avail credit facilities from financial institutions
- Developing Information Memorandum and financial model for Infra sector clients
- Pre-bid advisory Public-Private-Partnership projects.
Credit Manager
Anand Rathi Global Finance Limited (NBFC - SME)
04.2019 - 01.2022
- Assessing and credit underwriting for retail and SME proposals (LAP) ranging from INR 50 Lakhs to INR 1000 Lakhs
- Due diligence on client’s business and assessing risk involved in credit proposals through Financial analysis, Business risk, Management risk and Industry risk
- Meeting customers in person, understanding the requirement, presenting the case to committee, and managing approvals
- Managing the entire credit application process right from login to sanction
- Involved in finalization of policy and CAM for different products
- Involved in development and deployment of score card model for different products
- Monitoring the quality of existing portfolio and presenting risks to the committee, analyzing various MIS reports
- Coordinate with Operations, Legal, Technical & Valuations and Risk containment units for smooth processing of the case.
Financial Analyst
Infocrest Finweb LLP
03.2018 - 03.2019
- Performing in-depth economic and industry research on a wide array of different industries
- Building financial models to perform investment analysis and valuations using discounted cash flows, public market comparable methodologies
- Conducting due diligence, financial analysis, and comparable company analysis
- Building financial models and providing forecasts based on various industries related operating metrics.
Senior Executive
Wipro Limited
05.2017 - 02.2018
- Treasury controllership and SOX compliance:
- Accounting and reporting for Borrowings and Investments
- Monthly and quarterly reporting and regulatory compliance for Borrowings
- Involved in implementation of automation investments and borrowings transactions
- Conducting and managing SOX audit and streamlining various processes by conducting test of design and test of effectiveness.
Education
Chartered Accountancy -
The Institute of Chartered Accountants of India
Indore, India 05.2011 - 11.2016
Bachelor of Commerce -
Devi Ahilya Vishwa Vidyalaya
Indore, India 08.2011 - 07.2014
Skills
- Financial Due Diligence
Planning & Forecasting
Variance Analysis
Strategy development
Credit Underwriting
P & L Management
MS Office
Advanced Excel
SAP
XERO
QuickBooks
Affiliations
Member, CPA Australia
Membership Number: 10835924
Member, ICAI
Membership Number: 436600
Timeline
Business Finance Manager
Wipro Limited
10.2022 - Current
Financial Analyst
Infrastructure Advisors Private Limited
06.2022 - 09.2022
Credit Manager
Anand Rathi Global Finance Limited (NBFC - SME)
04.2019 - 01.2022
Financial Analyst
Infocrest Finweb LLP
03.2018 - 03.2019
Senior Executive
Wipro Limited
05.2017 - 02.2018
Bachelor of Commerce -
Devi Ahilya Vishwa Vidyalaya
08.2011 - 07.2014
Chartered Accountancy -
The Institute of Chartered Accountants of India
05.2011 - 11.2016
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