Mrudal Modi
Summary
Strategy and Finance Professional who has worked in providing decision support to the C-suite by formulating expansion strategy, analyzing investment opportunities and driving operational efficiency,
Overview
11
11
years of professional experience
Work History
Assistant Manager –Strategy
Damac Properties
10.2022 - Current
- Spearheaded financial modeling efforts for fundraising campaigns, raising over AED 3bn in Sukuk Certificates
- Prepared feasibility reports and submitted recommendations regarding its strategic fit to the organization's portfolio
- Conducted market analysis, site assessment and competitor benchmarking to arrive at right pricing strategy for the assets
- Led the Department-Level budgeting exercise for overheads totaling AED 2bn, streamlining FP&A processes
- Worked with department heads on the monthly business reviews and identified cost optimization opportunities.
Manager – Strategy
Life Pharmacy Group
04.2022 - 09.2022
- Transaction lead for an acquisition of group of clinics having annual revenue of AED 50mn
- Formulated expansion strategy for the group spanning an investment of AED 100mn to setup 70 clinics
- Evaluate investment opportunities and submit recommendations regarding its strategic fit to the organization
- Prepared project feasibility reports and built financial models for upcoming organic expansion plans
- Lead the FP&A function by providing analytical insights about the business to ensure alignment with strategic objectives.
Senior Business Analyst – Corporate Strategy
Emirates Hospitals Group
06.2019 - 04.2022
- Performed valuation using methodologies such as DCF, relative valuation and asset-based valuation
- Prepared investor presentations updating about financials and business performance
- Formulated the expansion strategy consisting 3 hospitals and 10 clinics with investment of AED 200mn
- Developed business cases for loss-making entities to support decision-making regarding operate or sale
- Led the annual budgeting exercise for 35+ entities with combined revenue of over AED 600mn
- Constructed monthly rolling short term cash flow (STCF) by analyzing cash receivables & account payables
- Performed analysis of laboratories to outsource testing thereby increasing EBITDA by AED 12mn
- Designed doctor's performance linked compensation dashboard improving monthly EBITDA by AED 900k.
Business Analyst (CEO's Office)
Shalby Hospitals
08.2015 - 04.2019
- Part of the core team which raised funding of AED 250mn via initial public offer (IPO)
- Led the 2-member team in annual P&L and Capex budgeting exercise for 12 hospitals with 2000+ beds
- Supported the CEO with review presentations for monthly operational review of the business units
- Developed business scorecards for measuring operational and financial performance of the business units.
Business Analyst (Chairman's Office)
Dynamic Industries
04.2013 - 07.2015
- Computed product costing and prepared monthly product-wise profitability report for the senior management
- Project Manager for ERP implementation which included process mapping and stakeholder management.
Education
MBA (Finance) -
Gujarat University
05.2012
Skills
- Power BI
Timeline
Assistant Manager –Strategy
Damac Properties
10.2022 - Current
Manager – Strategy
Life Pharmacy Group
04.2022 - 09.2022
Senior Business Analyst – Corporate Strategy
Emirates Hospitals Group
06.2019 - 04.2022
Business Analyst (CEO's Office)
Shalby Hospitals
08.2015 - 04.2019
Business Analyst (Chairman's Office)
Dynamic Industries
04.2013 - 07.2015
MBA (Finance) -
Gujarat University
Similar Profiles
NZAR HAMA RASHEDNZAR HAMA RASHED
Senior Quantity Surveyor at DAMAC Properties, DAMAC Hills Community projectSenior Quantity Surveyor at DAMAC Properties, DAMAC Hills Community project
Morris MwangangiMorris Mwangangi
Administration Manager at Damac Properties Company LLCAdministration Manager at Damac Properties Company LLC
Regan SserwanjaRegan Sserwanja
Receptionist at Damac PropertiesReceptionist at Damac Properties
Ahmed Nabil GaafarAhmed Nabil Gaafar
Senior Relationship Manager at DAMAC PropertiesSenior Relationship Manager at DAMAC Properties
Prajjwal TiwariPrajjwal Tiwari
Assistant Manager: Strategy & International BD at Rodic Consultants Pvt. Ltd.Assistant Manager: Strategy & International BD at Rodic Consultants Pvt. Ltd.