Hi, I'm Nitesh Thapa Magar _
CA | FMVA | AFM
Bridging strategy and finance through valuation, financial modeling, and data-driven insight. 7+ years of experience across financial analysis, audit, valuation, and advisory.
Cross-Industry Client Experience
Chartered Accountant
Since 2021
About Me
I’m a Chartered Accountant with 7 years of finance and accounting experience, including 4 years post-qualification and 3 years of internship. Skilled in financial analysis, advanced financial modeling, business valuation, statutory accounting, and auditing. Experienced across diverse sectors such as real estate, automotive, oil & gas, healthcare, retail, fintech, and education.
I hold the FMVA® certification and bring hands-on expertise in developing dynamic financial models, performing DCF valuations and sensitivity analyses, and creating high-impact dashboards and pitchbooks. Having completed a Financial Due Diligence (FDD) masterclass, I’m skilled at evaluating quality of earnings, net working capital, and hidden financial risks.
Accredited as an Advanced Financial Modeler (AFM) by the Financial Modeling Institute (FMI), I build complex integrated financial models. I regularly work on advanced case studies, including those from the Financial Modeling World Cup (FMWC), while preparing for the Chartered Financial Modeler (CFM) designation.
Always open to meaningful connections, knowledge-sharing, and opportunities that create real impact.
Current Role
Management Consultant at PKF
location
Abu Dhabi, UAE
Career Timeline
From the high hills of Nepal to the high-rises of the UAE — a journey defined by setbacks, persistence, and hard work.
Early Career & CA Beginnings
Began the journey toward becoming a Chartered Accountant after high school. Faced initial setbacks with CA Level 1, but rebounded with discipline, focus, and determination.
Turnaround & Transformation
Took ownership of self-development—eliminated distractions, embraced deep focus, and cultivated effective study habits. Successfully cleared CA Intermediate through persistence and dedicated effort.
CA Articleship
Moved to India with nothing but a single contact number—a leap of faith marking the start of true independence. Joined BD Bansal & Co., gaining exposure to statutory audits and financial analysis across diverse sectors.
COVID-19 Phase & Final Push
Made the most of lockdown by diving into CA Final exam preparation with unmatched intensity. Simultaneously enrolled and certified in FMVA® – Financial Modeling & Valuation Analyst (Corporate Finance Institute). Cleared CA Final, marking the official completion of the Chartered Accountancy journey.
Post-Qualification Phase
Joined Ernst & Young (EY) as an Audit Executive. Worked on statutory audits and financial analysis for large-scale real estate clients, including Embassy REIT and RMZ Group, strengthening expertise in financial reporting and advisory.
Transition
Relocated to the UAE with no prior job offers. Joined PKF UAE, transitioning into management consulting and advisory.
Currently executing engagements in valuation, financial modeling, and corporate advisory, contributing to high-impact strategic decisions.
Professional Experience
01.
Management Consultant (Sep 2024 - Present)
PKF - UAE
- Conducted $1B+ business valuations for 9+ companies across oil & gas, fintech, healthcare, recreation, and automotive industries, applying DCF, market, and VC approaches, and delivered comprehensive reports that guided stakeholders’ strategic decisions.
- Prepared monthly MIS reports and month-on-month variance analysis across healthcare, education, and shipbuilding sectors, ensuring IFRS compliance and producing management-ready commentary that linked financial performance drivers to operational KPIs.
- Developed integrated 3-statement financial models with dynamic dashboards and scenario/sensitivity analysis for 10+ clients across 5 industries, assisting management in strategic business decisions and financial planning.
- Performed Purchase Price Allocation (PPA) as per IFRS 3 for healthcare companies with deals over $20M, valuing intangible assets like trademarks, non-compete clauses, and customer relationships, and identifying goodwill to support accurate financial reporting.
- Valued 200k share options ($14M total) for transaction advisory, ensuring IFRS 2 compliance and providing accurate financial statements.
- Performed impairment testing as per IAS 36 for a leading healthcare company with over 20 CGUs valued above $200M, delivering a detailed report supporting financial reporting.
- Conducted pre-acquisition FDD for 3+ companies, analyzing financials, quality of earnings, cash flows, and net assets to identify key risks and opportunities.
- Prepared an investor teaser articulating the company’s value proposition, key financial metrics, and growth strategy to support fundraising efforts.
- Assisted the Tax Department with CT computation and filings for 15+ clients and prepared salary benchmarking reports for 5+ clients to ensure taxation compliance during peak periods.
02.
Senior Executive (Mar 2022 - Jun 2024)
EY - Bengaluru, Karnataka, India
- Conducted a comprehensive analytical review and variance reasoning analysis of financial statements for a listed entity and 4+ private entities and successfully finalized financial statements.
- Led a team of 2-3 members, managing 3+ client accounts, ensuring 100% on-time and high-quality deliverables.
- Prepared leasing work papers as per Ind AS 116 for both lessee and lessor, including straight-lining, amortization schedules for net investment, and security deposits.
- Prepared compliance certificates for SEBI regulations and financial covenants of the Debenture Trust Deed, including LTV ratios, net debt to EBITDA, and security cover.
- Drafted and finalized engagement letters, auditor reports, and representation letters in collaboration with clients and partners.
- Recomputed borrowing cost capitalization workings as per Ind AS 23, identifying audit entries worth INR 40 million, enhancing audit accuracy.
- Reviewed the capitalization of Investment Property Under Development (IPUD) with a total exposure of INR 7,000 million.
- Performed re-computation and reconciliation of Net Distributable Cash Flow (NDCF) in compliance with REIT Regulations.
- Performed fair value modeling of
Non-Convertible Debentures (INR 90,000M) under Ind AS 109, applying present
value techniques and market rate assumptions for financial statement
disclosures.
Award
Recipient of the esteemed 'Collaboration Extraordinaire' award for unwavering commitment to excellence and inspirational leadership among colleagues.
03.
Article Assistant (Feb 2017 - Feb 2020)
B.D. Bansal & Co. - DLF South Court, Saket, New Delhi
- Conducted statutory and tax audits for over 10 entities, analyzing financial statements, performing ledger scrutiny, preparing audit working papers, and communicating findings and recommendations to management.
- Prepared Auditor’s Report, including CARO report.
- Prepared group consolidated financial statements for 7 subsidiaries under Ind AS 110, coordinating adjustment entries with management.
- Assisted in first-time Ind AS financial statement reviews for 5+ entities, including review and validation of adjustment entries.
- Prepared the financial statements of a startup from scratch, including the fixed assets register, depreciation schedule, CWIP schedule, and loan amortization schedule in accordance with Ind AS, utilizing dynamic Excel functions.
- Prepared Certificates on Overseas Direct Investment, Related Party Transaction & Net Worth Certificate.
Sample Models
3- statement Model
A three-statement financial model with five-year projections, incorporating scenario analysis to evaluate performance under varying business conditions and strategic assumptions.
Revenue Model
A comprehensive revenue model incorporating capacity utilization, phased new store openings, seasonality, inflation, and foreign exchange impacts, with scenario analysis to assess revenue outcomes under varying assumptions.
Inventory Model
A detailed inventory valuation model using FIFO and weighted-average methods, integrating revenue and COGS schedules to analyze inventory movements and profitability impacts.
Debt Model
A dynamic debt model covering refinancing scenarios, CFADS, and DSCR analysis, leveraging advanced Excel functions to assess cash flows, debt servicing capacity, and return metrics.
M&A Model
A dynamic M&A model illustrating both equity accounting and full consolidation scenarios, enabling analysis of financial impacts when one company acquires another.
LBO Model
A leveraged buyout (LBO) model analyzing acquisition financing, capital structure, cash flow generation, and exit returns to assess equity value and investor IRR under various scenarios.
Capex & Depreciation Model
A dynamic capex and depreciation model illustrating capital expenditure planning and depreciation under straight-line, declining balance, units-of-production, and sum-of-years-digits methods.
Ready to Contribute to Your Finance Team
I bring strong financial analysis, valuation expertise, and practical business insight to support informed decision-making.
Education & Certification
2021
Chartered Accountant (CA)
Professional qualification demonstrating expertise in accounting, auditing, taxation, and financial analysis.
2022
Financial Modeling & Valuation Analyst (FMVA®)
Comprehensive certification covering financial modeling, valuation, budgeting, and corporate finance analysis.
2025
Advanced Financial Modeler (AFM)
Advanced certification in financial modeling, demonstrating mastery of 3-statement financial modeling, including scenario analysis.
Additional Expertise & Training
Business Valuation Masterclass
UAE Corporate Tax (PKF)
FP&A Lunchpad (FPI)
Budgeting for Business (Udemy)
FDD masterclass (CA Monk)
AI-Enhanced Financial Analysis (CFI)
MS Excel 365 training (Grant Thornton)
Core Skills
Management Consulting & Advisory
- Business Valuation (DCF, Market, VC Method)
- Financial Modeling
- Purchase Price Allocation (PPA)
- Intangible Assets Valuation
- Financial Due Diligence (FDD)
- Impairment Testing
Auditing & Accounting
- External Audit
- IFRS and Ind AS Implementation
- Financial Analysis
- Financial Reporting
- Covenant Testing
- Internal Control Testing
Data Analysis & Presentation
- Advanced Excel Formulas & Functions
- Dashboards & Data Visualization
- Scenario & Sensitivity Analysis
- PowerPoint & Pitchbooks
Professional & Interpersonal Skills
- Analytical problem solving & structured thinking
- Stakeholder communication & interpersonal skills
- Ability to work independently and in team environments
- Leadership, task ownership & team coordination
- Adaptability in dynamic, deadline-driven settings
Let’s Connect
I’m actively exploring opportunities across corporate finance, advisory, and FP&A roles.
Happy to connect and discuss how my skills and experience can add value.