Case studies
5-year Proforma and DCF- Financial Modeling
- DCF Modeling
- DCF Valuation
- Valuation Multiples
- Three-statement Modeling
- Five-year Projections
Investment Overview- Financial Reporting
- Investment Cases
- Investment Modeling
Jim Budney
Finance Expert in Valhalla, NY, United States
Member since December 2, 2017
A highly accomplished and versatile finance professional, Jim worked on finance teams of top investment banks (Citigroup, Merrill Lynch), optimized returns of a $12 billion AUM hedge fund (Point 72), lead 12 surgery centers as CFO and executed over $25 million in M&A transactions in 2019. He joined Toptal to help advise clients on complex M&A, corporate finance, and VC transactions.
Jim is now available for hire
Career Highlights
- Surgical Care Affiliates
- Geller & Co.
- Point 72
Education
- HEC Paris
- New York University
Select Certifications
- CFA Institute
Expertise
- CFO
- DCF Modeling
- Equity Investment
- Equity Valuation
- Financial Planning & Analysis (FP&A)
- Mergers & Acquisitions (M&A)
- Valuation Modeling
Employment
Corporate Development
2016 - PRESENTSurgical Care Affiliates- Completed $38 million in transactions: three acquisitions, one merger, and one De Novo contributing $46 million in additional revenue within the first full year of operations.
- Assisted in all stages of the investment process from source to close, including market assessment, data collection, due diligence, valuation analysis, and internal/external deal presentation.
- Led and facilitated negotiations of transaction terms and legal documentation.
- Performed feasibility analysis for new construction (De Novo) of surgical centers from ground up.
- Developed and maintained relationships with potential new targets.
- Worked closely with operations and the sales team to define the value proposition in untapped markets.
- Acted as interim CFO for 12 Outpatient Ambulatory Surgery Centers (ASC) in the Northeast and Mid-Atlantic regions generating a $9 million profit.
- Responsible for developing and gaining buy-in from C-suite executives on budgets, forecasts, and long-term strategic plans for each region.
- Presented monthly overviews to board members and senior executives (COO and CFO) detailing budget vs actual P&L performance, outlook for remainder of the year, and key KPI metric trends.
- Helped identify actionable opportunities (e.g. cost reductions, implanting high acuity service lines) to optimize profitability and maximize physician distributions.
- Evaluated financial impact of special transactions (re-syndications, new service lines, and M&A transactions) and proposed recommendations to enhance executive decision-making.
Focus areas: Financial Ratios, Financial Modeling, Legal Documentation, Financial Data Analytics, Valuation, Market Opportunity Analysis, Term Sheet Negotiations, Negotiation, CFO, Divestitures, Mergers & Acquisitions (M&A)VP - Financial Analysis
2014 - 2016Geller & Co.- Developed pricing models to validate the financial feasibility of new products and submitted go/no go recommendation; resulted in two new products generating $500,000 in sales within the first three months.
- Established a robust revenue model and improved pipeline reporting; resulted in improved revenue forecast accuracy and refined sales targets.
- Led departmental price increase initiative; worked closely with business COOs and sales reps to endorse price increase and communicated projected revenue impact to senior management.
- Assessed operational and business strategies of the client to increase financial performance.
- Provided senior management and business heads (COO and head of sales) with monthly budget vs. actual P&L analysis, forecasting, CAPEX analysis, KPI metrics, client analytics, headcount, quarterly business overviews, and a five-year strategic plan.
Focus areas: Financial Modeling, Financial Advisory, Financial Data Analytics, Budgeting, Market Research & Analysis, Sales & Marketing, Pricing Strategy, Price Analysis, CFO, AdvisoryVP - Financial Analysis and Capital Planning
2011 - 2014Point 72- Developed complex financial models to project multi-year returns by strategy and short-term/long-term liquidity scenarios assisting the CEO, CFO, and senior management in decision-making related to investments (fund level and private) worth over $500 million and capital structure.
- Liaised with multiple departments (Tax, Accounting, Strategy, IT) to facilitate consensus on key decisions such as tax planning and alternative investments.
- Worked closely with the valuation team to ensure accurate pricing of held for trading securities and derivative hedges for reporting and cash flow (margin calls) purposes.
- Produced CEO’s personal financials (balance sheet, income statement, and cash flows) as a GP and LP.
- Responsible as the finance manager for all real estate and technology-related projects of the firm (over $900 million spread over 50 projects).
Focus areas: Project Management, Valuation Analysis, Asset Valuation, Financial Modeling, Financial Management, Personal Finance Management, Financial Planning & Analysis (FP&A), Estate PlanningVP - Financial Analysis
2007 - 2009Merrill Lynch- Developed a new P&L structure in partnership with the Bank of America Merger team.
- Collaborated with 21 business unit CFOs to reduce operational costs; resulted in over $1 billion savings.
- Led budget process ($14 billion in net revenues); negotiated and gained buy-in from business unit CFOs of revised P&L and presented final consolidated product to Global Wealth Management CFO and COO.
- Managed and trained a team of two analysts; assigned tasks and motivated them to meet strict deadlines.
- Implemented VBA programming: resulted in 25% improved efficiency.
Focus areas: Turnaround, Cost Cutting, Post-merger Integration, Budgeting, Financial Planning & Analysis (FP&A)Assistant VP - Financial Analysis
2006 - 2007Citigroup- Produced daily, weekly, and monthly trillion-dollar balance sheet analyses reports for senior management.
- Implemented VBA modeling to revamp operations; resulted in ~50% improved efficiency.
Focus areas: Excel VBA, Financial Data Analytics, Balance Sheet Optimization
Education
- Master's Degree in Business Administration (MBA)2009 - 2011HEC Paris - Paris, France
- Master's Degree in Corporate Finance and Valuation (MBA)2009 - 2011New York University - New York, USA
- Bachelor's Degree in Finance2000 - 2003Pace University - New York, USA
Certifications
- Chartered Financial Analyst (CFA)SEPTEMBER 2016 - PRESENTCFA Institute
