A cutting apparatus for forming fingers in an end of a belt is provided and includes a blade for cutting the belt and a table for positioning the belt below the blade. The cutting apparatus includes an actuator that is connected to the blade via a primary shaft. The actuator is also connected to the table via both a secondary shaft and a cam assembly. Rotation of the actuator causes the primary shaft to continuously reciprocate the blade in upward and downward directions. Rotation of the actuator also causes intermittent movement of the table that includes both translation of the table to index the belt relative to the blade, and pivoting of the table to change an angle of the belt relative to the blade.