Bidvut Chatterjee
Chartered Accountant
Gurgaon
Summary
Experienced professional with a proven track record of managing multiple priorities while maintaining a positive attitude. Committed to team success by embracing additional responsibilities and challenges. Strong organizational skills and a proactive approach ensure seamless operations and achievement of objectives. Ready to leverage experience and dedication to support team goals and drive results.
Overview
18
18
years of professional experience
Work History
Head FP&A
Wheels Eye India Pvt Ltd
04.2025 - Current
- Owning the AOP process and forecasting for the SaaS business.
- Business Partnering and Key P&L Ownership: Working with the Sales Team, Ops Teams, and Product Teams to solve business issues while ensuring P&L improvements.
- Setting up the FP&A function for the SaaS business – fully hands-on to support the business.
- Handling the investor reporting and queries with a turnaround time of 48 hours.
- Setting of the competitive benchmarking for the business. Research on the assumed competitor, blackbuck, and understanding developed, which proved that their strategies are different.
Associate Director - Commercial Planning
Yum Foods - KFC India
09.2023 - Current
- Planning of day-on-day sales across PAN India entities for the business while ensuring more than 98% forecasting accuracies for the fast-paced QSR environment.
- Business partnering on new initiatives and campaigns measuring success of key existing campaigns whether it is a Limited Time Offer or a long running annual campaign.
- Driving the Annual Operating Plan process covering initiation discussion to the development of the bottom-up plan in line with the top-down targets in play with directional and strategic clarity on how the year will pan out.
- Channel P&L Flowthrough reviews include the understanding of the profitability of the various channels and understanding the opportunity for growth and profitability to be mapped.
- Leading various Automations as well as Forward Looking projects e.g., AOP Automation, Menu Mix simplification
- Projects undertaken:
- 1) Re-working the BYA (Better Than Year Ago) review framework which now has a formalized agenda and key flow of actionable to be driven by the business along with timelines and roles clearly defined, this has therefore brought in structure as well as accountability to the entire process hence sharpening analytics to support business findings.
- 2) Sales Predictive Analytics Dashboard which is slated to throw out day wise sales outlook and forecasts for the next 3 months based on machine learning; idea is to feed the relevant information on seasonality to enable further iterations which provides accuracy into the prediction process.
- 3) Setting up the new planning team structure - Created the new planning team structure along with the CFO, in line with the business agility as well as the changing expansive mode of the business currently. This included new hirings, promotions and re-defining the team responsibilities to ensure nothing falls in between and the teams can operate independently.
Senior Manager - Corporate Audit and Controls (International Team)
PepsiCo Corporate
01.2021 - 09.2023
- Review and audit of process designs, risk control matrix of PepsiCo entities across Asia, Middle East and North Africa, Europe.
- Perform control testing of business cycles across range of business formats such as company owned bottling and snacks operations, franchise management and joint ventures.
- Assess and validate COSO maturity of PepsiCo business across South Asia, Middle east, Asia Pacific, Europe as per PepsiCo's Global Control Standards Framework.
- Communicate identified control deficiencies, root causes and recommendations to stakeholders including CEO, CFO and General Auditor of PepsiCo Inc.
- Projects:
- 1) Conducted Franchise audits across China, Middle East And North Africa, Turkey, and Russia helping markets re assess their risks and control environments and understand the global best practices of doing things better in the franchise business, also shared these best practices and outcomes with Audit teams globally for benchmarking purposes.
- 2) Leading the global "Productivity" success criteria audit across 5 sectors, 25 markets and at corporate level with almost 200 touchpoints (headcounts involved driving opex and restructuring productivity) impacting the global profitability agenda of the company.
Global Finance Business Partner - Skin Care
Hindustan Unilever Limited
12.2018 - 01.2021
- Brand partnering - Global Business Development Finance Lead for "Glow & Lovely" (erstwhile Fair & Lovely brand) globally. This brand is a key revenue generator for the Beauty & Personal Care division across India, South Asia). Main responsibility areas include:
- O Tracking growth margins and profitability target achievement for the brand globally.
- O Driving five-year strategic business plans for target fulfillment
- O Delivering on innovation business cases with GM accretive targets as well as positive ROI as KPIs
- O Working on market development across white spaces and relaunches to increase brand presence
- O Driving the marketing budgets to ensure dynamic resource allocation
- Performance Management - Responsible for performance management of South Asia (India, Bangladesh, Pakistan, Sri Lanka and Nepal) Beauty & Personal Care Business which involved
- O Strategic partnering with business for closure of annual targets, annual integrated operating plan, integrated business plan over next three-year horizon
- O Monthly, Bi-Annual and Annual results review and analysis vs the latest forecast and providing relevant insights to Personal Care Business Leadership Team.
- O Partnering with the Global Performance Management team and representing South Asia cluster for the divisional results
- Projects
- 1) Brand Name Change - Successfully partnered with Brand Teams to assess the financial impact of risks and investments during name change from "Fair & Lovely" to "Glow & Lovely" within a 3 months' time frame across South Asia, Southeast Asia. Training and coaching teams across the globe on the local accounting for these risks and investments for the change. Assessment of the growths during the hyper care period post name change and keeping a watch out for newer opportunities and threats during the changing times.
- 2) Innoflex - Innoflex change agent for global skin care - new way of looking at innovation governance from stage gate process to a more dynamic and fluidic project life cycle. Investments for the same are based on the dynamic resource allocation method in line with changing and uncertain times
Manager - Plant Operations Finance - Beverages
PepsiCo India Holdings
01.2017 - 12.2018
- Financial Review:- Analyzing month-end key Plant KPIs such as yield, usage, efficiencies, utilities, write offs etc. and reporting out the plant cost lines performance dashboards to the Plant Operations Finance Head as well as the Plant Operations Director on a monthly basis
- Working Capital:- Work closely with Central Procurement & SCM to maintain DII as per market norms (reduced DII by 5 days); DII better vs plan consistently for last months through effective monitoring; Invent0IY write offs reduced by INR 5Cr vs last year
- Capex:- Review of the new capex proposals while emphasizing on the rationale of requirement, cost benefit analysis, payback period while controlling the plant budgets on capex
- Compliance & Taxation:-
- 1) Lead/Handle BAIC reviews with Legal & Finance leadership team (successfully closed cases for INR 240Cr by proactively liaisoning with Legal, Fiscal & Unit Finance teams)
- 2) Independently handle Statutory & Internal Audits for I2C Cycle (GCS scores >94%)
- Projects:-
- 1) Productivity:- Partnering with SCM on reducing invent0IY write offs (Benefit for INR 5Cr realized)
- 2) Reporting:- Partnered with R2R on successful deployment of Blackline Balance Sheet Reporting Tool
- 3) GST:- Collaborated with Location Finance Teams & Fiscal Team to ensure successful deployment of GST (including all UATs & transitionary transactions)
Manager - Financial Planning & Analysis - Beverages Div.
PepsiCo India Holdings
12.2014 - 12.2016
- AOP & SBP:- Partnered with Business Finance Team to ensure timely & accurate closure as well as HFM submissions of Annual Operating Plans & Strategic Business Plans
- Variance Analysis & Rolling Forecasts:- Worked with Business Teams to prepare cause of change for Bevs P&L (NOBIT COCs) on a monthly basis; estimate rolling forecasts basis current business dynamics
- P&L Analytics:-
- 1. Worked on Brand profitability journey, Brand profiling & mapping levers of P&L, Channel wise State wise Brand wise cuts & margin contribution at pack level
- 2. Developed COBO & FOBO Split (one of the key asks by Management Team) to facilitate discussions at a system level
- Cash Flow Forecasting:- Improved forecasting accuracy by 80% vs 2014 Actuals & AOP; enhanced visibility of individual components of pre-tax OCF
- Projects: - Partnered with IT, Business Team & Shared Services to successfully deliver COPA (Cost & Profitability Analysis) framework; resulted into automated output at Brand level.
- Managed and motivated employees to be productive and engaged in work.
Assistant Finance Manager - Sales Finance Foods Div.
PepsiCo India Holdings
04.2013 - 11.2014
- Financial Review & Month End Closing: - Consolidation of monthly result across 4 regions; independently conducted balance sheet reviews with Region Controller, ensured hygiene across receivables, invent0IY & tax related provisions
- Compliance & Taxation:-
- 1) Partnered with Legal team to work on Sales tax related assessments; conduct end-to-end reviews with Legal & Finance Leadership teams (Ensured issuance of C/F Forms for INR 247Cr in the span of 6 months thus de-risking any liability on account of C/F forms)
- 2) Handle Statut0IY & Internal Audit for S2C Cycle (Recorded scores >90% in Internal Audit)
- Projects/Productivity: -
- 3) Taxation:-Successfully partnered with Business Teams to deploy the framework for realizing WBIDC benefit (INR 11Cr for 2013+14; INR 6Cr post 2014 per annum)
- 4) CRS (Customer Replenishment System):- Partnered with South Region team & visited CFAs to revise the CRS norms thus de-risking invent0IY write offs; reduced GIT (Goods in transit reduced by 50% i.e. INR 24Cr reduced to INR 12Cr)
- 5) Racks Procurement:- Reported savings worth INR 0.6Cr by liaisoning with Genpact
- 6) On invoice discount:- Worked with Fiscal team to realize tax benefits for INR 3Cr
Risk advisory (Key clients handled VNL, AMW)
BMR ADVISORS
07.2012 - 03.2013
- Analysis of financial statements and variance analysis
- Financial due diligences on the sell & buy side of transactions
Statutory & Tax Audits (Key clients handled Everest Industries, Indian Hotels (Taj Group), CMC (TCS Subsidiary)
DELOITTE HASKINS & SELLS (Articleship & Post Qualification)
04.2008 - 06.2012
- Analysis of financial statements and variance analysis
- Conducting Statut0IY audits, Limited reviews and Tax audits
- Audit of financial statement including areas of cash, treasury, fixed assets, receivable
- Forensic audits
- SAD Certifications
Education
CA - First attempt
ICAI
01-2012
B- Com (Hons.) - undefined
SRCC
03-2008
Senior Secondary - undefined
C.B.S.E.
01-2005
Secondary - undefined
C.B.S.E.
01-2003
Skills
Customer service
Problem-solving
Team management
Flexible and adaptable
Supervision and leadership
I academic & Professional I achievements
- Awarded for successful execution & deployment of GST across 2017
- Awarded for successful deployment of COPA (A SAP) framework 2015
- Awarded for partnering with Business & Finance Team for WBIDC Tax benefit 2014
- Awarded merit scholarship from the institution as well as the board for the performance in the 10th as well as the 12th boards 2003 & 2005
Timeline
Head FP&A
Wheels Eye India Pvt Ltd
04.2025 - Current
Associate Director - Commercial Planning
Yum Foods - KFC India
09.2023 - Current
Senior Manager - Corporate Audit and Controls (International Team)
PepsiCo Corporate
01.2021 - 09.2023
Global Finance Business Partner - Skin Care
Hindustan Unilever Limited
12.2018 - 01.2021
Manager - Plant Operations Finance - Beverages
PepsiCo India Holdings
01.2017 - 12.2018
Manager - Financial Planning & Analysis - Beverages Div.
PepsiCo India Holdings
12.2014 - 12.2016
Assistant Finance Manager - Sales Finance Foods Div.
PepsiCo India Holdings
04.2013 - 11.2014
Risk advisory (Key clients handled VNL, AMW)
BMR ADVISORS
07.2012 - 03.2013
Statutory & Tax Audits (Key clients handled Everest Industries, Indian Hotels (Taj Group), CMC (TCS Subsidiary)
DELOITTE HASKINS & SELLS (Articleship & Post Qualification)
04.2008 - 06.2012
B- Com (Hons.) - undefined
SRCC
Senior Secondary - undefined
C.B.S.E.
Secondary - undefined
C.B.S.E.
CA - First attempt
ICAI