Amit Chaudhary
Sr. Vice Presdient Finance & Taxation
Gurugram
Summary
Strategic and results-driven finance leader with over 23 years of experience across a broad spectrum of financial management roles. Proven expertise in financial accounting and taxation, strategic financial planning, risk management, business analysis, ERP transformation, and team leadership. Recognized for consistently delivering value through a blend of analytical precision and business insight. Alongside professional accomplishments, I prioritize maintaining a balanced and well-rounded lifestyle to support long-term effectiveness.
Overview
20
20
years of professional experience
3
3
Languages
Work History
Senior Vice President Finance & Taxation
Benetton India Pvt. Ltd
12.2016 - Current
- Delivering streamlined financial operations through meticulous accounting practices and bookkeeping expertise.
- Lead financial planning, budgeting, and strategic rolling forecasts to drive revenue growth, improve profitability, and optimize resource allocation thereby enabling company to leverage data & information.
- Conduct comprehensive financial analyses and insightful and dynamic analysis of variances for enhanced financial decision-making to support business decision-making, identify opportunities for cost reduction, and enhance operational efficiency.
- Prepared and presented financial statements, MIS reports, budgets, and forecasts to senior management and board of directors, providing strategic insights and recommendations for key decision making.
- Transforming the company from Wholesale focused to Retail mindset. Involved in margin determination, simplification of agreements, payment terms, business transfer negotiation with Franchises, Partner performance reviews. Developed and implemented Standard Operating Procedures eg Revenue recognition and Store opening process. Review of Processes and Technology. Ensuring creation and maintenance of policies & processes and integration of Technology to improve them.
- Led the end-to-end implementation of GST for Benetton India, managing one of the most critical indirect tax transitions in the company's history. Ensured seamless adoption across Benetton's entire ecosystem—including vendors, business partners, and customers—through proactive education, structured onboarding, and close coordination, despite widespread regulatory ambiguity at the time.
- Since GST rollout, successfully maintained full compliance with evolving GST laws and rules, incorporating all relevant business and industry-specific changes, while ensuring the company's systems, processes, and stakeholders remain aligned with statutory requirements.
- Proven leadership in implementing robust tax governance frameworks with extensive experience leading end-to-end tax compliance across direct and indirect tax domains in India. Automation of compliance processes, and effectively engaging with tax authorities and external consultants to resolve issues and ensure transparency.
- Collaborate with cross-functional teams to provide financial insights and recommendations on pricing strategies, product development, and market expansion initiatives.
- Implemented strategic inventory management practices to optimize operational and financial efficiencies, monitoring of Inventory levels, write down policy, valuation, liquidation policy, controls and physical stock takes.
- Directed treasury operations, encompassing cash management, debt financing, and the development and execution of risk management strategies, resulting in enhanced liquidity, reduced borrowing costs, and effective mitigation of financial risks such as interest rate fluctuations, foreign exchange exposure, and credit risks.
- Nurtured robust partnerships with financial institutions, auditors, and external stakeholders, fostering enduring relationships based on trust, transparency, and mutual benefit.
- Played lead role as part of Steering committee of SAP implementation. Contributed by bringing in the best practices to be followed in the implementation of FICO Modules.
- Drove automation of routine financial tasks such as reconciliations, reporting, and compliance submissions, reducing manual effort and enhancing decision-making through real-time data access. Recognized for bridging finance and technology, and for delivering sustainable, scalable systems that support long-term business agility.
- Led end-to-end leasing projects aligning financial strategy with business expansion and operational needs. Collaborated cross-functionally with legal, real estate, and operations teams to negotiate favorable terms, optimize lease costs and terms.
Management Controller
Benetton India Pvt. Ltd
04.2013 - 12.2016
- Handling the Financial Controlling, MIS Reporting to HQ and India Management for Benetton India Operations. Execution of effective and comprehensive planning process that would enable BIPL to achieve its strategic and business objectives by providing Input data & information to Management and HQ.
- Responsible for monthly MIS / Business & Financial reports review and variance analysis. Identify the need for alternative course of action in case of major deviations.
- Led one of the most critical project of business plan roll out in Gulf (GCC) including the product mapping, pricing and supply chain along with financial modelling.
Subsidiary Controller
Benetton Spa Group ITALY
04.2011 - 03.2013
- Oversaw financial control and reporting for key international markets including Italy, Spain, USA, Mexico, Korea, UK, and the Scandinavian region, ensuring compliance with group policies and accurate consolidation.
- Played a strategic role in the formulation of Benetton Group's 5-Year Business Plan, contributing to the definition of core financial strategies, operational guidelines, and consolidated forecasts across global subsidiaries.
- Actively contributed to the implementation of SOR (Standard Operating Revenue) contract modeling and accounting framework for the Italian market, enhancing consistency in revenue recognition and operational planning.
- Collaborated closely with PwC and the Italy finance team to implement a new group reporting structure and rollout of a web-based reporting platform, improving data accessibility, accuracy, and reporting efficiency across entities.
Management Controller
Benetton India Pvt. Ltd
11.2008 - 03.2011
- Lead financial controlling and MIS reporting for Benetton India operations, ensuring timely and accurate financial insights for both India Management and global HQ.
- Drive a structured and strategic planning process to support BIPL's business objectives by providing critical data inputs and financial analysis.
- Demonstrate deep understanding of the Indian apparel retail landscape, aligning financial planning with BIPL's short-term tactics and long-term strategy.
- Conduct comprehensive value chain analysis across functions—including orders, production, sales, delivery, and margin performance—to inform strategic decisions related to pricing, buying mix, and profitability.
- Perform detailed analysis on MRP, margin per style (MUP), pricing accuracy, gross margin trends, and delivery bottlenecks to align with business objectives.
- Spearhead the design and development of management reports across departments, including dashboards and financial packs for HQ (Italy) and India leadership.
- Prepare and manage budgets for sales, operating expenses (OPEX), and capital expenditures (CAPEX), ensuring alignment with financial targets.
- Lead monthly variance analysis, comparing actual performance with projections and recommending corrective measures to achieve cost efficiency and profitability.
- Oversee stakeholder reporting, data governance, and information flow, enabling data-driven investment and operational decision-making at the executive level.
- Played a key role in the implementation of SAP, including interfacing between SAP India and E-Report systems.
- Hold end-to-end ownership of SAP Profit Centers, Cost Centers, and Controlling Module, ensuring integrity of master data and reports.
- Responsible for the audit and preparation of financial reporting packages (E-Report), including full documentation and schedules for statutory audits.
Management Controller
Alcatel Lucent India Limited
08.2006 - 11.2008
- Handled the Financial Controlling, Project Controlling, MIS Reporting to HQ and Management for Operations of Regional Unit India with employees base of 4500 and turnover of more than 500 M€ for the Business Segment and 200 M€ for R&D Segment.
- Responsible for presenting the Annual Budgets for Regional Unit INDIA to Management and HQ in Paris.
- Ensuring expenses targets are achieved and conducting budgeting & variance analysis to determine difference between projected & actual results on monthly basis and implementing corrective actions.
- Responsible for the compliance of Alcatel Lucent Rules, Policies and Processes in ALU India and ensuring the implementation of these Rules, Policies and Processes with local business scenarios.
- Preparation and review of Actual and Forecasted Financials on monthly basis including the Operating Working Capital (OWC) requirement for Regional Unit INDIA.
- Proficient in developing and implementing internal control systems including development of standard operating procedures for streamlining the process of the organisation.
- Formulating business plans / strategies for maximizing profitability & revenue generation & realize organizational goals.
Team Leader
Intercontinental Hotels Group
02.2005 - 08.2006
- Led a team to managing the accounting and reporting for a portfolio of 25 hotels across the Americas, including flagship InterContinental Hotels, one of IHG's premier global brands.
- Coordinated with Hotel Property Accountants (HPAs) and the Regional Finance Controller at the Americas Business Service Centre to deliver timely, accurate reports for Business Support and Group Owners.
- Successfully transitioned accounting and controlling operations for InterContinental Hotels from the US hub in Atlanta to India, including the creation of comprehensive training manuals and conducting end-to-end team training to ensure operational readiness and compliance.
Education
ACA -
ICAI
B.Com (H) - undefined
Delhi University
Skills
- Accounting and tax compliance
- Risk assessment and management
- Financial planning proficiency
- Financial forecasting analysis
- Treasury operations proficiency
- Experienced in financial reporting frameworks
- Inventory Management
- Process optimization expertise
- Audit & Statutory compliance
- Process Automation and ERP Roll Out
- Team leadership and development
- Analytical problem-solving ability
- Strong communication skills
Personal Information
- Date of Birth: 10/22/78
- Nationality: Indian
- Marital Status: Married
Timeline
Senior Vice President Finance & Taxation
Benetton India Pvt. Ltd
12.2016 - Current
Management Controller
Benetton India Pvt. Ltd
04.2013 - 12.2016
Subsidiary Controller
Benetton Spa Group ITALY
04.2011 - 03.2013
Management Controller
Benetton India Pvt. Ltd
11.2008 - 03.2011
Management Controller
Alcatel Lucent India Limited
08.2006 - 11.2008
Team Leader
Intercontinental Hotels Group
02.2005 - 08.2006
B.Com (H) - undefined
Delhi University
ACA -
ICAI
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