Abhijit Bhakat
Senior Financial Planning Analyst | Strategic Planning | US CMA Aspirant
Baidyabati, Hooghly, West Bengal
Summary
Diligent Finance Professional with 10+ years of work experience in BFSI & FMCG industry across various domains like FP&A, Financial Analysis, Investment Banking & Financial Research.
Overview
11
11
years of professional experience
7
7
years of post-secondary education
7
7
Certifications
3
3
Languages
Work History
Associate - Planning & Analysis (FP&A)
JPMorgan Chase
07.2023 - Current
- Assisted with internal financial planning, analysis and budgeting for the JPMC CIB - Payments Business
- Responsible for preparing Management Reports which include key business metrics
- Consolidation of the month-end results and finalizing forecast for the remainder in collaboration with BMs/Product Leads
- Participating in the annual budgeting processes (BP1, BP2, BP3) which involves financial modeling, coordinating & consolidating submissions from BMs & Regional Heads as well as preparing management presentations
- Conducting variance analysis to understand the key drivers of results and presenting commentary to Business Heads & CFO, explaining changes from prior forecasts/budgets
- Ensuring data integrity, accuracy & timeliness in all financial reporting
- Creating monthly business review presentation & performing financial analysis on a variety of topics to Senior Management
- Responsible for loading the monthly forecast numbers into system & deep diving on the numbers for providing valuable insights to the leaders
- Preparing EMR Decks for financials review & decision-making by regional Finance/Business heads
- Handling multiple ad-hoc queries & presenting financial resports as per the stakeholders requirements
- Help drive process improvement & forecasting consistency across business and identify opportunities to increase efficiency
Associate Manager - FP&A
PepsiCo
07.2021 - 07.2023
- Preparing Daily/Weekly/Monthly/Quarterly financial reports summarizing the sales performance
- Providing actuals VS Forecast performance report daily to senior management for further decision making
- Responsible for providing various management reports for tracking performance of PepsiCo Beverage Sales team in North America region
- Managing BAM (Business Analytics Model) process to analyze the profitability from business deals
- Ensuring timely and accurate delivery of standard & Ad-hoc reporting by consolidating the financial data using financial tools
- Responsible for acting as a SPOC from team with regards to automation/process improvement initiatives & liaising it with central transformation team for a quicker implementation
- Involved in collection inputs from sales team about the status of Business Deals & preparing a Power BI Dashboard based on the information
Consultant - FP&A
Deloitte
08.2019 - 07.2021
- Responsible for managing portfolio of $34.5 MM to help stakeholders manage expenses under their allocated budget, identify potential opportunities for spend and ensure proper recording of accruals & other charges
- Liaise with global GL/EFA team to ensure appropriate accounting, setting up charge codes, invoicing, charges reclassing, etc
- Conducting a detailed variance analysis of Actuals vs Budget vs forecast and reporting the discrepancies to project leaders
- Drive cost management discussion with business leads and analyze on accruals and prepayments on a monthly basis
- Tracking/Reconciling the invoices from vendors or MFs and also supporting the business in month & year end close process
- Monthly forecasting and yearly budgeting along with periodical cost analysis and leveraging P&L knowledge to drive decisions
- Tracking the leadership travel charges and reporting the fund status to Budget Holders periodically
- Analysis and presentation of financial reports to Senior Management including insights, drivers and expected outcomes
- Prepare forecast/budget reports based on trend analysis & drive expense forecast calls/meetings with stakeholders
- Preparation of Headcount trackers to keep a record of active and inactive employees of our function and to monitor the details like FTE Level, Cost Center, Location etc
- Also, responsible for supporting other ad-hoc requests for expense analysis and reviews
Advisory Associate 2
PwC
07.2016 - 08.2019
- Financial Deals Research: Conducting secondary research to collect and analyze information from Factiva, Capital IQ, Hoovers and various publicly available sources
- Investment Research: Conduct extensive research on companies to produce forecasts of business, related industry and underlying economic conditions for use in making investment decisions
- Company Profiling: Detailed preparation of company profiles, Investor profiling, market updates, industry research and transaction analysis
- Risk Management: To deliver a report by processing through a risk management tool to assist engagement teams in identifying existing PwC relationships that could result in the Firm entering into a prospective engagement or Joint Business Relationship
- Audit Application Testing: To test the functionality and features of Assurance tools & applications that PwC uses to plan and document the audit work
- Adverse Data Search: Performing client due diligence of new or existing clients involving client data verification & their risk assessment
- Consulting Finance: Project Cost analysis and tracking KPI such as budget v/s actual variance analysis, managing resource pricing models & creating WBS codes etc
- Additional Responsibilities: Prepared management reports and handled client communication
Investment Research Associate
Netscribes
02.2015 - 06.2016
- Creating pitchbooks for M&A deals including industry analysis, company valuation and strategic opportunities for clients
- Researching and pulling out relevant information from various publicly available resources like industry journals, company press releases, various government regulatory filings and various databases like BusinessWeek, Crunchbase and Nexis
- To collect, summarize, and synthesize business information related to the Private Equity and Venture Capital domain
- The profiling work includes profiling of funds, writing management profiles, creating and updating portfolios
- Tracking and analyzing various PE/VC backed transactions like Merger, Acquisitions, Leverage Buyouts, Management Buyout, and Early & late stage funding rounds
Summer Intern
Ambuja Cements Limited
04.2014 - 05.2014
- Conducting financial analysis of the company to evaluate performance trends for the last 5 years
- Studying company's annual reports with an objective to analyze financial statements
- Calculating, interpreting & analyzing financial ratios under broad categories
- Carrying out analysis of common size balance sheet and growth trends of key Income Statement items
Education
MBA - Finance
Bengal Institute of Business Studies (BIBS)
07.2013 - 06.2015
M.Com - Accounting And Finance
Sikkim Manipal University
08.2012 - 07.2014
BBA(H) - Finance
Institute of Engineering & Management (IEM)
07.2009 - 06.2012
Skills
- Management Reporting
- Forecasting & Projections
- Business Partnering
- Financial Planning & Analysis
- Planning & Budgeting
- Variance Analysis
- Financial Research
- Financial Analysis
- Stakeholders Management
- Presentation & Communications
- Team-Building
- Corporate Finance
- Due Diligence
- Strategic Finance
- Financial Modeling
Certification
07/01/20, 'Tableau Training for Data Science' certification from Udemy
Accomplishments
- Received Smiles Award (Act as Owners category) from US Finance Director for showcasing curiosity to learn about business
- Smiles Award (Raise the Bar on Talent & Diversity category) from PepsiCo leadership for driving a gala performance in Townhall
- Received a 'High-5' award for providing support in Deloitte Global Consulting Year-End books closing process.
- PwC Spot Award winner for June 2019 while serving the notice period.
- 1st Prize trophy in Relay Race & javelin throw competition held at PwC Sports Day
- PwC Spot Award Winner for being the outstanding performer in the team
- Best Performer award with Bonus Pay in Investment Research Team at Netscribes
Timeline
Associate - Planning & Analysis (FP&A)
JPMorgan Chase
07.2023 - Current
Associate Manager - FP&A
PepsiCo
07.2021 - 07.2023
Consultant - FP&A
Deloitte
08.2019 - 07.2021
Advisory Associate 2
PwC
07.2016 - 08.2019
Investment Research Associate
Netscribes
02.2015 - 06.2016
Summer Intern
Ambuja Cements Limited
04.2014 - 05.2014
MBA - Finance
Bengal Institute of Business Studies (BIBS)
07.2013 - 06.2015
M.Com - Accounting And Finance
Sikkim Manipal University
08.2012 - 07.2014
BBA(H) - Finance
Institute of Engineering & Management (IEM)
07.2009 - 06.2012
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