Tamas Magda, Finance Expert in Singapore, Singapore
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Tamas Magda

Verified Expert  in Finance

Management Consulting Expert

Location
Singapore, Singapore
Toptal Member Since
March 10, 2022

Tamas is a serial entrepreneur with strong financial management and private equity background. He ultimately enjoys advising entrepreneurs in complex assignments which require financial modeling, strategic planning, and execution. Prior to establishing, scaling, and exiting multiple startups and directing projects on $10 million budgets as a consultant, he gained valuable expertise at firms such as PwC, GE Capital, and PineBridge Investments.

Case Studies

Work Experience

Founder and CEO

2015 - 2022
TMAM Limited
  • Created the leading digital educational content development company in Myanmar, providing affordable subscription services in English, base education, financial literacy, agriculture, and lifestyle areas. It directly impacts over a million people.
  • Established and maintained strong B2B connections with all telecommunication operators in-country, VAS, digital partners, and corporates to provide an optimal reach of value-added and innovative areas.
  • Generated $7,000,000 value of total sales in a low ARPU market. Led a team of up to 35 subject matter experts. Systematically organized workflow and delivered presentations to around 200 government staff.
Focus areas: Business Strategy, Business Modeling, Business Development, New Business Development, Growth, Growth Analysis, Sales Growth, Growth Hacking, Financial Analysis, Financial Modeling, Financial Management, CFO, CEO, Project Management, IT Project Management, Financial Controls & Processes, Market Entry, Business Planning, Models, Forecasting, Business Services, DCF Modeling, Entry Strategy, Growth Strategy, Startup Growth Strategy Development, Strategy, Finance, Financials, Entrepreneurship, Entrepreneurial Finance, Legal Contract Drafting, Contract Drafting, Contract Review, Contract Management, Strategic Planning, Strategic Planning & Execution, Microsoft Excel, Microsoft PowerPoint, Financial Planning & Analysis (FP&A), Emerging Markets, Management Consulting, Market Research, Market Sizing, Go-to-market Strategy, Strategy Development, Partnerships, B2B Partnerships, Human Resources (HR), Workforce Management (WFM), Business Models, Revenue Modeling, Startups, Pricing, Strategic Partnerships, Technology, Value Proposition, Market Opportunity Analysis, Product Marketing, Product Branding, Branding, Market Segmentation, Customer Segmentation, Growth Strategy Consultants, Operating Models, Business Transformation

Founder and CEO

2015 - 2021
CG Systems
  • Developed a leading operational efficiency, increasing consulting company focusing on vehicle operations, fleet management, and driver management in Myanmar. Reached around 10% market share in GPS-based tracking and fleet management market.
  • Developed the company’s financial processes from the start up. Ensured financial health and profitability of the company. Supported the revenue growth to around $500,000 with a 30% net profit margin.
  • Analyzed large datasets of vehicle fleets systematically. Improved reporting and route optimization practices at up to 400 vehicles per client, refined fraud detection methodology, and ranked drivers.
  • Supported IT system implementations and import process of assets from ordering to customs clearance. Provided consulting works for technology inclusion in clients' and potential clients' companies.
  • Managed the acquisition process of 100% of the shares of a government-focused fleet management company with eight clients. Ensured fast and smooth integration into the main company’s operation.
  • Led processes of full contract negotiation, contract administration, vendor management, and supply chain management. Developed and shared best practices with the internal team.
  • Kept high client focus in negotiations and regularly ran extra miles to solve special business requests.
  • Built the organization to act autonomously. Thus the team conducted works smoothly by themselves, with a healthy set of internal controls only.
Focus areas: Operational Efficiency Improvement, Technology Consulting, IT Consulting, Management Consulting, Business Strategy, Business Modeling, Business Setup, Business Analysis, Business Process Analysis, Business Planning, Business Proposals, Business Reporting, New Business Development, Growth, Sales Growth, Growth Hacking, Financial Analysis, Financial Modeling, Financial Controlling, Financial Consultation, Financial Controls & Processes, Financial Management, CFO, CEO, Project Management, IT Project Management, Market Entry, Models, Forecasting, DCF Modeling, Entry Strategy, Growth Strategy, Entrepreneurship, Entrepreneurial Finance, Contract Drafting, Legal Contract Drafting, Contract Review, Contract Management, Strategic Planning, Strategic Planning & Execution, Microsoft Excel, Microsoft Word, Financial Planning & Analysis (FP&A), Market Research, Market Sizing, Emerging Markets, Vendor Selection, Vendor Management, Supply Chain, Supply Chain Management (SCM), Supply Chain Optimization, Go-to-market Strategy, Strategy Development, Partnerships, B2B Partnerships, Change Management, Human Resources (HR), Workforce Management (WFM), Business Models, Revenue Modeling, Startups, Pricing, Strategic Partnerships, Technology, Value Proposition, Market Opportunity Analysis, Product Marketing, Product Branding, Branding, Market Segmentation, Customer Segmentation, Growth Strategy Consultants, Operating Models, Business Transformation, Fraud Detection

CFO and Project Director

2017 - 2017
Yangon Water Bus
  • Took full responsibility for the startup phase of the operation setup of the first waterway transportation company in Myanmar. Successfully executed the project within the four-month timeline and the approximate budget of $10,000,000.
  • Provided capital management support, created complex financial models, delivered presentations to the financing bank, negotiated with insurance companies, advised for managing the debt facilities, and ensured the health of financial operations.
  • Developed processes and policies for the operation management for all business areas, including finance, administration, operations, marketing, PR, human resources, PMO, and procurement.
  • Supervised the construction processes of 10 ports with jetties alongside the Yangon river, including commercial real estate facilities. Negotiated lease terms with retail companies and banks.
  • Created chart of accounts, financial procedures, budgeting, dynamic forecasting, and re-forecasting models.
  • Introduced competitive bidding procedures and procurement flow with RFI, RFQ, RFP, PR, and PO standards. Supervised the technology solution sourcing.
  • Supervised the sourcing of 13 vessels (eight locally built and five imported) with a total capacity of around 1,200 people.
Focus areas: Project Management, Project Design & Management, Project Development, Project Review, Project Analysis, Project Accounting, Financial Modeling, Financial Analysis, Financial Planning & Analysis (FP&A), Financial Controls & Processes, Financial Presentations, Business Setup, Business Strategy, Business Management, Business Process Management (BPM), Business Planning, Business Proposals, Business Reporting, Presentations, Board Presentations, Investor Presentations, Funding Presentations, Investor Relations, Investor Reporting, Investor Agreements, Board Reporting, Venture Funding, Funding Strategy, Financial Calculations, Cash Flow Calculation, Cash Flow Modeling, Cash Flow Analysis, Free Cash Flow (FCF), Revenue Strategy, Revenue Modeling, Revenue Projections, Pricing, Pricing Plans, Price Analysis, Price Sensitivity, Market Sizing, Market Research, Controlling, Financial Controlling, Budget Modeling, Annual Budgets, Budgeting, Budget Controls, Budget Management, Capital Budgeting, Project Budget Management, CAPEX, CAPEX Budgeting & Inventory Management, CFO, Forecasting, Trend Forecasting, P&L Forecasting, Entry Strategy, Growth Strategy, Sales Growth, Growth Analysis, Procurement, Procurement Research, Sourcing, Team Building, Team Management, Team Leadership, Hiring, Hiring Process Development, Employee Benefits, Employee Communication, Vendor Selection, Vendor Management, Supply Chain, Supply Chain Optimization, Supply Chain Management (SCM), Contract Drafting, Legal Contract Drafting, Contract Review, Contract Management, DCF Modeling, Debtor & Creditor Management, Banking Relationships, Investor Relations Consultant, Management Consulting, Risk Management, Issue Management, People Management, Quality Management, Entrepreneurship, IT Project Management, Infrastructure, DCF Valuation, Go-to-market Strategy, Strategy Development, Partnerships, B2B Partnerships, Change Management, Human Resources (HR), Workforce Management (WFM), Business Models, Startups, Strategic Partnerships, Value Proposition, Market Opportunity Analysis, Product Marketing, Product Branding, Branding, Growth Strategy Consultants, Operating Models, Business Transformation, Target Operating Models, TOM

CFO

2015 - 2016
Total Infratel
  • Participated actively in the bidding and negotiation process of telecommunication tower contracting deal with OCK, a tower company of Telenor Myanmar. Secured the deal worth $7+ million for the full turnkey construction of around 200 telco towers.
  • Established the back-office operations for smoothly executing the project on some of the toughest terrains in rural Myanmar in the rainy season, affecting the process from site acquisition to final acceptance certificate.
  • Designed the financial processes, procurement flow, reporting standards, and operational processes. Controlled the budget spending and managed cash flow. Reviewed all contracts, payments, and budgets as the second last person in the approval flow.
  • Created and maintained external relationships with clients, service providers, contractors, and banking institutions and internal relationships with all stakeholders.
  • Hired core personnel and took an active part in the organization's growth. At its peak in the project, it consisted of around 300 people, roughly half as own workforce and another half as subcontractors' human resources.
  • Contributed to sourcing two follow-on (smaller scale) projects in full turnkey telecommunication tower construction and base station and power maintenance domains.
Focus areas: Financial Management, Management Consulting, Project Management, Project Design & Management, Project Budget Management, Financial Modeling, Financial Analysis, Financial Planning & Analysis (FP&A), Financial Controlling, Financial Controls & Processes, CFO, Financial Presentations, Business Setup, Business Strategy, Business Management, Business Planning, Business Reporting, Business Proposals, Presentations, Board Presentations, Funding Presentations, Board Reporting, Funding Strategy, Financial Calculations, Cash Flow Calculation, Cash Flow Modeling, Cash Flow Analysis, Discounted Cash Flow Analysis, Discounted Cash Flow (DCF), DCF Modeling, DCF Valuation, Free Cash Flow (FCF), Revenue Modeling, Revenue Projections, Controlling, Budget Modeling, Annual Budgets, Budget Controls, Forecasting, P&L Forecasting, Procurement, Procurement Research, Sourcing, Team Building, People Management, Vendor Selection, Vendor Management, Supply Chain, Supply Chain Optimization, Team Management, Issue Management, Process Improvement, Finance Process Improvement, Process Optimization, Business Process Optimization, Entrepreneurship, Entrepreneurial Finance, IT Project Management, Infrastructure, Go-to-market Strategy, Strategy Development, Partnerships, B2B Partnerships, Human Resources (HR), Workforce Management (WFM), Business Models, Startups, Pricing, Strategic Partnerships, Growth Strategy, Market Sizing, Value Proposition, Market Opportunity Analysis, Branding, Growth Strategy Consultants, Target Operating Models, TOM

CFO

2015 - 2016
SDI Holdings
  • Created finance procedures and policies for business unit consolidations. Monitored the financial performance, prepared regular reports and forecasting models, and identified areas for improvement.
  • Prepared and managed the budget; analyzed costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
  • Created Excel-based automated financial and accounting reporting systems initially and after six months implemented and designed the structure of the Tally financial software for the holding.
  • Analyzed financial data, prepared financial reports, statements, and projections on business operations and investment opportunities, and regularly presented the findings to the owner.
  • Recruited, hired, mentored, and managed a core team of six accountants and financial assistants. Restructured the financial team’s workflow into a well-functioning unit in day-to-day operations.
Focus areas: Financial Management, Management Consulting, Group Reporting, Group Policy, Consolidation, Financial Consolidation, Consolidated Reporting, Accounting Consolidation, System Design, Financial Systems Development, Financial Controls & Processes, Financial Risk Management, Structuring, Business Structuring, Restructuring, Corporate Restructuring, Financial Planning & Analysis (FP&A), Controlling, Financial Controlling, CFO, Funding Presentations, Funding Strategy, Financial Calculations, Cash Flow Modeling, Cash Flow Analysis, Cash Flow Management, Finance Process Improvement, Process Optimization, Company Strategy, Strategic Initiatives, Strategic Partnerships, Valuation, Entrepreneurship, Entrepreneurial Finance, IT Project Management, Strategy Development, Partnerships, B2B Partnerships, Change Management, Human Resources (HR), Workforce Management (WFM), Business Models, Business Strategy, Financial Statements, Revenue Modeling, Startups, Growth Strategy, Market Sizing, Value Proposition, Market Opportunity Analysis, Branding, Growth Strategy Consultants, Operating Models, Business Transformation, Target Operating Models, TOM

Finance Manager

2014 - 2015
Ooredoo Myanmar
  • Created a data-centric financial controlling framework for the largest telecommunication investment provider in Myanmar. Developed an Excel-based complex budget control framework tied to the SAP system.
  • Controlled the yearly $600,000,000 CAPEX and OPEX budget of the network, IT, build, sales, marketing, and facilities departments as a day-to-day operational responsibility.
  • Developed decision-supporting financial models for CXOs. Checked all contracts reaching CTIO. Increased operational, financial, network, and technology efficiencies.
  • Developed DCF and total cost of ownership (TCO) models for $100,000,000 purchase of generator supply, countrywide telco network sharing models, and buy or lease model for over 150 vehicles.
  • Managed the budget planning for the upcoming financial years; worked closely with all budget holder teams, regularly presented to senior management, and ensured balance among departments.
  • Built effective relationships across the business. Acted as the bringing person between network, IT, engineering, and finance departments. Regularly explained the key findings to the stakeholders.
Focus areas: Financial Management, Financial Analysis, Financial Planning & Analysis (FP&A), Controlling, Budgeting, Budget Modeling, Budget Controls, Decision Support, Decision Modeling, Investment Decision Support, DCF Valuation, Go-to-market Strategy, Business Models, Market Sizing, Market Opportunity Analysis, Business Transformation, Target Operating Models, TOM

Treasury Analyst

2012 - 2013
GE Capital
  • Maintained the cash balance and liquidity on a healthy level by supporting AU$3.5 billion of cumulated fund movements between a complex set of corporate bank accounts.
  • Participated in month‐end closing activities, including transaction reviews, general ledger maintenance, balance sheet reconciliations, and fund allocations.
  • Introduced treasury process improvements, which replaced the manual signature request form preparations with more digitized and automated forms. The improvement got standardized across GE Asia Pacific (APAC) entities.
  • Supported the risk management department in preparing lending-focused company analyses based on company frameworks coded in robust Excel sheets.
  • Co-developed an idea management program for GE Capital ANZ and received AU$100,000 funding.
  • Received the GE Capital ANZ Finance Growth Value of Expertise and Treasury Excellence awards.
Focus areas: Treasury, Corporate Treasury, Treasury Management, Treasury & Liquidity Management, Financial Analysis, Process Improvement, Operations Improvement, Finance Process Improvement, Process Flows, Business Process Flow Diagrams, Risk Analysis, Valuation, IT Project Management, Change Management, Business Models, Financial Statements, Business Transformation, Target Operating Models, TOM

Investment Analyst

2010 - 2012
PineBridge Investments
  • Prepared investment recommendations for over 60 investment opportunities, writing five concept papers with company and market research. I was commended for sourcing five investment opportunities.
  • Gained knowledge in infrastructure (13 projects analyzed), real estate (10), waste management (seven), healthcare (six), energy (six), transportation (four), and other industries (15).
  • Created meeting memos about the regularly attended meetings with some of the most successful entrepreneurs in Hungary.
Focus areas: Investment Analysis, Investment Research, Financial Modeling, Company Research, Valuation, DCF Valuation, Business Models, Financial Statements, Market Sizing, Market Opportunity Analysis

M&A Analyst

2009 - 2010
PwC
  • Delivered DCF-based financial models and company valuations in financial services, real estate, energy, manufacturing, and healthcare industries. Conducted market research and benchmarking works.
  • Participated in the countrywide survey of the shared service center market. Collected, cleaned, structured the data, quantified the qualitative data, and developed segmented summaries and presentations.
  • Participated in the creation of PwC's in-house knowledge sharing and repository management system.
Focus areas: DCF Valuation, Valuation, Market Research, Financial Modeling, Company Research, Business Models, Financial Statements, Market Sizing, Market Opportunity Analysis
2004 - 2011

Master's Degree in Corporate Finance

Corvinus University of Budapest - Budapest, Hungary

2009 - 2009

Scholarship for Foreign Studies in Business Administration

National University of Singapore (NUS) - Singapore, Singapore

2007 - 2007

Scholarship for Foreign Studies in Business Administration

Otto Beisheim School of Management (WHU) - Koblenz, Germany

MARCH 2020 - MARCH 2023

Project Management Professional (PMP)

Project Management Institute (PMI)

Finance

Financial Modeling, Market Opportunity Analysis, Pricing, Blockchain, Entrepreneurial Finance, Corporate Finance, Budgeting, Performance Reports, Price Analysis, Financial Planning & Analysis (FP&A), Financial Management, Budget Controls, Corporate Treasury, Finance Process Improvement, Risk Analysis, DCF Valuation, Valuation, Market Research, Cost-benefit Analysis, Fundraising, CFO, Forecasting, Project Accounting, Venture Funding, Funding Strategy, Cash Flow Calculation, Cash Flow Modeling, Free Cash Flow (FCF), Revenue Modeling, Capital Budgeting, P&L Forecasting, Debtor & Creditor Management, Discounted Cash Flow (DCF), Financial Consolidation, Accounting Consolidation

Industry Expertise

Technology, Real Estate Development

Output Software

Microsoft Excel, Microsoft PowerPoint, Microsoft Word

Other

Management Consulting, Business Strategy, Business Development, Business Modeling, Project Management, Process Improvement, Change Management, Financial Analysis, Go-to-market Strategy, Business Models, Startups, Operating Models, Business Transformation, Target Operating Models, TOM, Growth Strategy, Market Sizing, Strategic Partnerships, Partnerships, Workforce Management (WFM), Value Proposition, Distributed Ledger Technology (DLT), Product Marketing, Product Branding, Branding, Growth Strategy Consultants, Business Management, Stock Analysis, Entrepreneurship, Finance, IT Project Management, Project Review, Project Budget Management, Project Controls, Scheduling, Schedule Optimization, People Management, Process Design, Process Mapping, Process Control, Process Flows, Team Management, Performance Analysis, Stakeholder Analysis, Stakeholder Management, Stakeholder Engagement, Team Building, Negotiation, Employee Engagement, Quality Control (QC), Quality Management, Communication, Employee Communication, Risk Management, Risk Management in Reporting, Operational Risk Management, Operational Control, Change Leadership, Planning, Management, Governance, Issue Management, RFP Pricing, RFP Negotiation, Hiring, Hiring Process Development, Organizational Design, Organization Building, Policy Development, Construction Estimation, Procurement, Procurement Research, Business Technology, Decision Support, Decision Modeling, Investment Decision Support, Budget Modeling, Presentation Design, Board Presentations, Education, Operational Efficiency Improvement, Technology Consulting, IT Consulting, Infrastructure, Controlling, Treasury, Treasury Management, Treasury & Liquidity Management, Operations Improvement, Business Process Flow Diagrams, Investment Analysis, Investment Research, Company Research, Organization Assessment, Fundraising Consultant, New Business Development, Growth, Growth Analysis, Sales Growth, Growth Hacking, CEO, Financial Controls & Processes, Market Entry, Business Planning, Models, Business Services, DCF Modeling, Entry Strategy, Startup Growth Strategy Development, Strategy, Financials, Legal Contract Drafting, Contract Drafting, Contract Review, Contract Management, Strategic Planning, Strategic Planning & Execution, Emerging Markets, Business Setup, Business Analysis, Business Process Analysis, Business Proposals, Business Reporting, Financial Controlling, Financial Consultation, Vendor Selection, Vendor Management, Supply Chain, Supply Chain Management (SCM), Supply Chain Optimization, Project Design & Management, Project Development, Project Analysis, Financial Presentations, Business Process Management (BPM), Presentations, Investor Presentations, Funding Presentations, Investor Relations, Investor Reporting, Investor Agreements, Board Reporting, Financial Calculations, Cash Flow Analysis, Revenue Strategy, Revenue Projections, Pricing Plans, Price Sensitivity, Annual Budgets, Budget Management, CAPEX, CAPEX Budgeting & Inventory Management, Trend Forecasting, Sourcing, Team Leadership, Employee Benefits, Banking Relationships, Investor Relations Consultant, Discounted Cash Flow Analysis, Process Optimization, Business Process Optimization, Group Reporting, Group Policy, Consolidation, Consolidated Reporting, System Design, Financial Systems Development, Financial Risk Management, Structuring, Business Structuring, Restructuring, Corporate Restructuring, Cash Flow Management, Company Strategy, Strategic Initiatives, Strategy Development, B2B Partnerships, Request for Proposal (RFP), Human Resources (HR), Financial Statements, Market Segmentation, Customer Segmentation, Digital Media, Fraud Detection

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