Asad Akhter
Sleepy Hollow,NY
Summary
Results-driven finance leader with 10 years experience overseeing operations for large consumer goods business. Seeking opportunities to broaden and accelerate finance leadership experience in small to medium size company.
Overview
10
10
years of professional experience
Work History
Senior Finance Manager
PepsiCo
06.2022 - Current
- Lead team to manage financials for diverse 60 customer, $600MM NR portfolio (Restaurants, Specialty Retail, Lodging)
- Spearhead annual planning & performance management process for 50-person Sales team; Partner with Sales to achieve targets by delivering actionable insights and executing pricing/trade strategies
- Oversee FP&A for $1Bn customer trade budget including monthly close, annual planning/forecasting, accrual/payment management; Provide actionable insights on drivers & risks/opportunities to P&L
- Provide in-depth business analysis for monthly close of National Fountain P&L (~$700MM NR), resulting in accurate close & informed contingency planning
- Drive long-term business agenda through principled evaluation of ~100 contract renewals & new business proposals generating ~$200 million annual Net Revenue
- Collaborated with C-level executive and stakeholders to develop long term profitability plan to establish strategy & guardrails for $100MM profit accretion by 2027
- Supported integration of new business (Dunkin’) by establishing revenue recognition process in new SAP system
- Implemented a robust risk management process to identify, assess, and mitigate financial risk during transition of accounting team to shared services.
Finance Manager
PepsiCo
05.2020 - 05.2022
- Led pricing strategy & execution, annual planning, monthly forecast/close, strategic analysis, customer negotiations for largest grocery customer ($1Bn NR) and achieved historic profit results (+$90MM).
- Managed complex weekly price/promo calendar (~100 SKUs, 22 Divisions) to drive P&L & market share results and establish price architecture for broader marketplace, delivering +1.2pts margin growth vs 2020.
- Led scenario analysis to support major pricing & space negotiations: Secured Aquafina white space ($25MM), Off-cycle pricing (4 rounds, +$50MM profit), 10 customer category negotiations.
- Enhanced periodic, quarterly, and annual forecast process through creation of division forecast tool resulting in a robust/accurate outlook.
- Created tools to assess performance of promo elasticity, product distribution voids, and market share to highlight market execution opportunities.
- Partnered with Joint Ventures (Lipton / Starbucks) to align pricing strategy that delivered $30MM NR growth.
- Served on Steerco for Promotional AI tool rollout and nominated to participate in leadership program.
Associate Finance Manager
Pepsico
03.2019 - 04.2020
- Led pricing strategy, planning/forecast, & analysis for largest PEP customer ($600MM NR, Non-Carb)
- Spearheaded process improvement during rollout of major pricing zone expansion: Created centralized calendar to facilitate pricing changes across 9 zones (saved over 100 hours of annual work and still used today by team of 15)
- Delivered +20% Aquafina pricing (+$12MM profit) & revamped management process for $10MM checkbook budget.
Senior Finance Analyst
Pepsico
01.2018 - 02.2019
- Led annual planning, monthly forecast/close, & analysis for largest convenience store ($400MM NR)
- Owned high visibility analysis (Gatorade exclusivity negotiation) unlocking ~$15MM profit
- Led Stripes + Sunoco acquisition integration project to manage financial risk through harmonization of pricing & reporting
Marketing Finance Analyst
Pepsico
05.2016 - 12.2017
- Aligned leadership to 30+ innovations ($130MM NR) by preparing business cases & product P&Ls in collaboration with cross functional teams (Marketing, Supply Chain, R&D)
- Owned brand performance reporting and created tools to improve innovation forecasting by 20%.
Acquisition Finance Analyst
Mizuho Bank
08.2014 - 04.2016
- Performed financial, industry, & credit analysis for 50+ M&A/debt transactions to support $5 Bn loan portfolio
- Prepared client presentations to support sale of advisory services and banking products.
Education
Bachelor of Science - Finance, Economics
University of Virginia
Charlottesville, VA05.2014
Skills
- Financial Planning & Analysis
- Operational Finance
- Three Statement Accounting (P&L B/S Cash Flow)
- M&A Business Integration
- Consumer Goods
- Business Partnership
- Mentoring and Training
- Executive Presentations
- Advanced Excel/PPT
- Hyperion, Power BI, Tableau
- Internal/External Controls
Timeline
Senior Finance Manager
PepsiCo
06.2022 - Current
Finance Manager
PepsiCo
05.2020 - 05.2022
Associate Finance Manager
Pepsico
03.2019 - 04.2020
Senior Finance Analyst
Pepsico
01.2018 - 02.2019
Marketing Finance Analyst
Pepsico
05.2016 - 12.2017
Acquisition Finance Analyst
Mizuho Bank
08.2014 - 04.2016
Bachelor of Science - Finance, Economics
University of Virginia