Charvee Patel

Experience

• 

  Benchmark Agencies

  Jan 2020 - Aug 2020

  Financial Analyst

  • Formulated a comprehensive operating profit margin model, incorporating projection models based on EBITDA, NPV, Discounted Cash Flow, and sensitivity analysis, resulting in an 8% upturn in operating profit margins.• Crafted financial forecasts for a novel product line incorporating foreign technology, opening avenues for market expansion.• Optimized the budgeting process to expedite it while enhancing forecast accuracy by 10% compared to the previous year.• Collaborated with the procurement team to achieve a 12% reduction in supplier costs, making cost-efficiency initiatives. Show less

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  PDEU - Innovation and Incubation Centre

  Sept 2020 - May 2022

  Finance Intern

  • Created accurate financial reports that expedited decision-making for startups by reducing data interpretation time. • Streamlined accounts payable procedures resulting in improvement of cash flow management, resulting in a 22% reduction in accounts receivable outstanding and a 15% improvement in accounts payable turnover.• Rectified inconsistencies in vendor records, improving data integrity and accuracy by 98%, leading to more reliable financial analysis and improving vendor relationship.• Analyzed budget vs. actual data, pinpointing a 10% overspend in marketing expenses, leading to corrective actions that brought spending back on track and identified cost-cutting opportunities, leading to a 13% reduction in unnecessary expenses. Show less

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  Gies College of Business - University of Illinois Urbana-Champaign

  Oct 2023 - Dec 2023

  Research Assistant