DEBRAJ CHAKRABORTY
Gurgaon
Summary
Dynamic finance leader with extensive experience at PepsiCo India, excelling in tax compliance and treasury management. Proven track record in strategic decision-making and project management, driving automation and efficiency in financial processes. Adept at team collaboration, I successfully led tax litigations and managed a $1.3Bn cash flow, ensuring optimal capital structure.
Overview
25
25
years of professional experience
Work History
Head – Tax and Treasury
Pepsico India
Gurgaon
09.2019 - Current
- Responsibility towards Taxation (Direct & Indirect) includes: -
- Leading overall Indirect and Direct Tax compliances including Income Tax, GST, Customs Laws and other related areas
- Tax Planning and Tax strategy – formalize and implement and collaborating with different functions, units within the organization
- Leading the Direct Tax litigations, partnering with Legal team on Indirect Tax litigations
- Leading automation in the various Tax processes
- Collaborating on the optimal Fiscal and GST incentives for new investments
- Working with Big 4 towards representations to State and Central Government towards various GST and Income Tax matters
- Responsibility towards Treasury management includes: -
- Funds and Cash management ($1.3Bn) for India BU (India, Bangladesh, Nepal, SL)
- Ensuring optimal capital structure for various Legal entities and repatriation options in the managed countries
- Leading Banking relations with Leading Foreign banks and Large Indian Banks
- Various strategic decisions related to Legal entity or Capital Structure restructuring
- Creating efficiencies in Treasury system through various working capital structuring
- Leading Treasury Automations through H2H connectivity and other Xero touch solutions
- Preparing AOP and regular reviews for Operating Cash flows
- Providing solutions to funding and compliances through various regulatory challenges in Bangladesh
Sr Manager – Indirect Tax
Pepsico India
Gurgaon
10.2015 - Current
- Heading the Indirect Tax Vertical and reporting to Region Controller and working closely with Sr Director – Legal on Indirect Tax compliance
- Leading the Indirect Tax compliance process for PepsiCo India
- Leading in the GST Implementation for PepsiCo India, collaborating on various process setup under GST including EWay Bill, E invoicing with Internal teams and PwC
- Partnering on strategy towards overall Tax risks reduction through various means
- Collaborating in the Sales Tax, Excise and Service Tax assessments, appeals for PepsiCo India through internal and external team
- Collaborating with Sr Director – Legal on the Tax litigations, presenting to Sr
- Management on the key issues and overall aligning on strategy in this respect
- Collaborating on various automations towards Taxation
- Ensuring Legal reviews and management reviews
Regional Commercial Manager, Foods Division
Pepsico India
Mumbai
01.2012 - 09.2015
- Support business in achieving planned goals through proper compliance of processes, timely submission of the results on a monthly basis
- Preparation of Financial AOP through collaboration with other functions
- Monthly closing of Region Accounts with preparation of COC’s
- Supporting Planning team on Price Pack, Competition data for strategic decision making
- Collaborating with Supply Chain team on CFA controls, Inventories and controls
- Distributor ROI, Support, Discounts structuring and Working capital optimization
- Ensuring Sales Tax Compliances across states, closure of Assessments
- Leading productivity initiatives for Fixed and Variable cost spends
- Leading the Region Finance team in the region and ensuring people are motivated
Associate General Manager – Finance
Vedanta Group
Jharsuguda
03.2009 - 12.2011
- Led the project for creating in-house Finance Shared Service for Aluminium and Power Sector
- Reporting to Sr VP Finance
- Working with consultant’s M/s Wipro for assessment, design and implementation of SSC
- Creating Cadence and SOP’s through Process Standardization in different locations
- Reporting to Senior Management on Progress and reviews
- Leading large team for implementation and Business Process transformation
- Headed the Treasury Function – Back Office for the Aluminum Smelter and Power Plant, having cost involvement of Rs 35,000 Cr and reporting to VP-Finance
- Preparing Budget, Forecast, and Actual Cash Flows including rolling forecast
- Coordinating with front office team for arrangement of funds including ECB’s
- Documentation compliance and reporting for Buyers Credit, ECB loans etc
- Preparing MIS on Investment position, analyzing Investment decisions taken
- Controlling and reporting for the Derivative and Non Derivative transactions
- Managing team of 5 people and motivating them for excellence
- Acting as Project Finance controller for Budgets, Costs compliances
- Ensuring timely Project payments, resolving issues and reporting to Senior Management
- Leading the Project Capitalization, IFRS compliance and Contract Closure formalities
- Managing Project Finance team ranging from 9-15 people
- Motivating, coordinating the Finance team to achieve desired results
Finance Manager – Franchisee Operation
Pepsico India
Gurgaon
08.2006 - 03.2009
- Handling the Franchisee Finance and Commercial Activity for Pepsico India
- Working on Forecasting, Tracking and Reporting for Franchisee Operations
- Preparing the Cash Flows for Franchisee Bottlers and projecting the Business requirement, financial support
- Preparing AOP on Bottler MC, NOPBT and presenting to management
- Monthly Reporting to Management on Bottler performance and go forward
Assistant Manager (F&A)
Pepsico India
Ludhiana
03.2005 - 07.2006
- Overall Financial Control point of Pepsi plant at Ludhiana
- Providing data on Plant financial report, planning and analysis on a monthly basis
- End to end process Financial Planning and Controls of Costs and Processes
- Leading the AP process for plant and resolving all issues
- Reporting on the Plant performance, action points
- Overall incharge of Monthly Financial Closing and reporting
AM (F&A)
WPPDCL
09.2001 - 03.2005
- Company Overview: Govt Undertaking
- Handling entire AP process for all raw Material procurement
- Preparing Inventory Accounting reports, records and variance statements
- Helping in preparing of Annual Accounts based on reports from Plants and Units
- Monthly closing relation to Revenue, Cost and Analysis reports
- Govt Undertaking
Partner
M/s Mukhopadhyay & Datta, Chartered Accountants
01.2000 - 09.2001
- Worked for various Internal audits, Tax audits, Bank Concurrent audits
Education
Company Secretary -
I.C.S.I.
12.2003
M.Com -
Calcutta University
01.2000
Chartered Accountant -
I.C.A.I.
11.1999
B.Com(Hons) -
Calcutta University
01.1998
Higher Secondary -
WB HS Council
01.1995
Secondary Exam -
I.C.S.E
01.1993
Skills
- Tax compliance and planning
- Treasury management
- Project management
- Strategic decision-making
- Team collaboration
- Change management
Marital Status
Married
Children
2
Alternate No
9987472581
Hobbies and Interests
- Gardening
- Watching Sports Programme (Football and Cricket)
Career Flow
25, Pepsico India, 17 Years, Vedanta Group, 3 Years, WBPDCL (Govt Organization), 3.5 Years, Individual Practice as Chartered Accountant, 1.5 Years
Personal Information
- Father's Name: Dilip Chakraborty
- Date of Birth: 01/20/78
Affiliations
- Received various recognitions at PepsiCo India for GST implementation, automation projects in tax and treasury, and Bangladesh business restructuring, including optimum capital structure
- Recognition for working toward successful fiscal incentive planning and negotiations in various states
- Recognized as Best Employee for PepsiCo India Finance for the 2nd quarter in the years 2022 and 2023
Timeline
Head – Tax and Treasury
Pepsico India
09.2019 - Current
Sr Manager – Indirect Tax
Pepsico India
10.2015 - Current
Regional Commercial Manager, Foods Division
Pepsico India
01.2012 - 09.2015
Associate General Manager – Finance
Vedanta Group
03.2009 - 12.2011
Finance Manager – Franchisee Operation
Pepsico India
08.2006 - 03.2009
Assistant Manager (F&A)
Pepsico India
03.2005 - 07.2006
AM (F&A)
WPPDCL
09.2001 - 03.2005
Partner
M/s Mukhopadhyay & Datta, Chartered Accountants
01.2000 - 09.2001
Company Secretary -
I.C.S.I.
M.Com -
Calcutta University
Chartered Accountant -
I.C.A.I.
B.Com(Hons) -
Calcutta University
Higher Secondary -
WB HS Council
Secondary Exam -
I.C.S.E
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