Prateek Guptaprateekgupta.ca@gmail.com | +91 887-482-2223 | New Delhi, India |

Professional Summary

A Chartered Accountant with more than 5 years of experience with multinationals (PepsiCo and Ernst & Young) across Financial Controls and Reporting (both Beverages and Foods), HFM (Hyperion) reporting/ submissions, Plant Accounting (Beverages), Statutory Audit, SOX Audit, Internal Audit, US GAAP Group Audit, corporate accounting, US GAAP accounting, Indirect Taxes Advisory and compliance.

Career Highlights:- Led Corporate Audit (SOX) for Financial reporting Cycle in 2015. (only cycle to be rated 100% effective in India) Nominated as AMEA PepsiCo Star for Restructuring and simplifying the HFM (Hyperion Financial Module) upload files to reduce

preparation and review time. Reduced the number of files from 16 to 9. Received the award from Sector Controller. Won the AMEA Year End Training Competition held in Jordan amongst all the countries that participated. Was the youngest

participant amongst 18 countries. Led FMR (Financial Management Reporting) Project for PepsiCo India in 2015. This was done with the purpose of aligning/

standardizing P&L lines across all the countries globally basis corporate guidelines. Acting as a GCS (Global Controls Standards)/ Internal Controls champion for FR (Financial reporting) Cycle in PepsiCo India (2015-

16). This involves ensuring compliance to FR KCs (Key Controls), monitoring the same periodically and performing risk assessment for additional/ deletions of any new controls to be implemented.

Led the accounting/ financial overview of one of the plants (beverages) of PepsiCo India. Ensured planning/ budgeting, cost adherence, statutory compliance and headed all other accounting/ operational activities during Oct’13 to Feb’15.

Partnered with BIS and Legal for implementation of All India Cenvat Credit Automation project. Handled review and correction of All India Tax Rates and Material Masters w.r.t Excise. The project led to reduction of at least 30 man-hours across each of the excisable locations of PepsiCo India.

Working on simplification for India Beverages closing process. Partnered with SAP and Shared Service team to reduce the preparation of closing submission files time duration from 8 hours to 2 hours through harmonization of SAP reports for HFM and management reporting and removal of out of book reclassification entries.

Work Experience:

Sr. No.

Organization’s Name

Organization’s Profile

Location Designation Work Duration

1. PepsiCo India FMCG Gurgaon Manager – Controls and Reporting (PO1)

From March 2015 till date

2. PepsiCo India FMCG Sathariya (Plant)

Manager – Plant Accounting

From November 2013 till February 2015

3. PepsiCo India Same as above

Gurgaon Assistant Manager – Financial Reporting

April 2012 to October 2013

4. Ernst & Young Consulting Firm

Gurgaon Consultant – Indirect Taxation

April 2011 to April 2012

5. RKM & Associates

CA Firm Gurgaon Audit & Taxation Executive

December 2010 to April 2011

6. M/s H.S. Ahuja & Co.

CA Firm New Delhi Article Assistant September 2008 to April 2010

7. M/s Rishi Kohli & Associates

CA Firm Allahabad Article Assistant October 2006 to September 2008

Manager - Controls and Reporting at PepsiCo India, Gurgaon (Mar’15- Till Date)

Direct Reportees: - 4Roles and Responsibilities:USGAAP Financial Reporting for Headquarters:Ensuring accurate and timely reporting of monthly, quarterly and annual results of Pepsico India Headquarter as per USGAAP through the following interventions:

Acting as first person responsible for consolidating results with detailed Cause of Change and all reporting related requirements related to India Foods BU

Review of the financial statements for Headquarters and upload in the reporting database (HFM –Hyperion Financial Management)

Review and correction of all validation errors before submission of results Preparation of various reporting submissions required for annual and quarterly reporting of PepsiCo Inc. Independently submitted the Year End schedules that were scheduled to be reported in the month of December within agreed

timelines Have ensured compliance of SOX key controls and maintenance of documentation for the same Led US GAAP Group Audit for both India Beverages and India Foods for 2015 and facilitated completion of the same within

timelines Facilitated in getting the schedules/ financials audited by KPMG. Helped in consolidation of PepsiCo India’s financials at an overall level. Led a larger team and trained industrial trainees and consultants to ensure that they become good supports to the organization

and get better opportunity for their career development as well Acting as a GCS (Global Controls Standards)/ Internal Controls champion for FR (Financial reporting) Cycle in PepsiCo India

(2015-16). This involves ensuring compliance to FR KCs (Key Controls), monitoring the same periodically and performing risk assessment for additional/ deletions of any new controls to be implemented.

Balance Sheet Review of Foods HQ On a monthly basis done Balance Sheet Review with the Reporting Manager Improved the quality of schedules for review and streamlined the process of monthly reviews Facilitated reviews with the Region Controller on a quarterly basis identifying the risk exposures (if any)

Review of General Administrative (G&A) spends and preparation of Annual Plan (AOP) for India Region Review Functional General & Administrative(G&A) spends towards

Plan V/s Actual Trend analysis Cause of Change

Engaged with the Functional leads for the review of the spends for their respective functions and identification of the areas of savings

Manager – Plant Accounting Operations at PepsiCo India, Sathariya (Uttar Pradesh) (Oct’13- Feb’15)Direct Reportees: - 5Roles and Responsibilities:

Driven and Strengthened Plant Internal and SOX controls primarily related to Inventory and FG, Assets, Vendors, Production Cycle, Glass Management, HR, Shipping and Taxes. Monthly review and remediation of Internal Audit open observation points across all function. Tracking the remediation status for the same and ensuring timely closure of open points.

Supporting functional leadership team to achieve VMOH and FMOH costs and KPI’s as per targets by reviews and fixing leaky budgets

Month end financial closing and submission of Plant Flash report. Detailed review and analysis of cause of change, variance analysis and presentation of the same to Headquarters.

Preparation of AOP and monitoring its deliverability. Preparation of monthly forecasts. Responsible for Balance sheet Hygiene and AP/AR Indirect Taxes: Ensuring correct and timely excise, sales tax and service tax payments and filing returns, Optimization of Input

Credit, Issue of C and F Forms, Excise and Service Tax and CERA audits, Liaison with Statutory Authorities Managing the Plant Stores function. Responsible for maintaining RMPM and Spares inventory in Plant and external warehouse

as per company norms and FIFO compliances. Also ensuring storage norms as per FSSAI and AIB standards Writing of Plant Capexes and supporting plant leadership to ensure capex spends are as per budget and within timelines Responsible for Optimum Realization of Plant Scrap mainly cartons, sugar bags, preforms, pet bottles and machinery

Accomplishments

Led organizational agenda of increasing SOX scores by driving this through proportional ownership with function teams. This involved extensive training and brainstorming sessions on controls which helped to improve SOX scores from 75% to 100% within a year

Closure of Life Till Date reconciliation of Service Tax and Excise thereby ensuring availment of unavailed credit within timelines and successful completion of Excise Audit without any significant exposure.

Was part of the team involved in implementation of All India Cenvat Credit Automation project. Handled review and correction of All India Tax Rates and Material Masters w.r.t Excise. The project led to reduction of at least 30 man-hours across all Excisable locations of PepsiCo India.

Helped in closure of Statutory Audit of PepsiCo India. Independently prepared Related Party disclosure, Cash Flow, Segment Reporting, etc. for All India Financial Statement and got the same audited. Recognized as a PepsiCo Star for the same.

Assistant Manager – Controls and Reporting at PepsiCo India, Gurgaon (Apr’12- Oct’13)Direct Reportee: - 1Roles and Responsibilities:USGAAP Financial Reporting:Ensuring accurate and timely reporting of monthly, quarterly and annual results of PepsiCo India to PepsiCo Inc. as per USGAAP through the following interventions:

Review of all the 16 financial statements prepared and submitted by locations of India and upload in the reporting database (HFM –Hyperion Financial Management) by fourth working day of each month.

Consolidation of all the 16 financial statements after ensuring elimination of intercompany revenue transactions and branch reconciliation.

Ensuring appropriate marked to market (MTM) accounting related to Forex exposure as per USGAAP. Taking care of accounting and accurate recording of Sugar Hedge Transactions along with its accurate reporting to Sector during

month close. Reconciliation of Profit before Tax and Net Income between SAP and HFM Review and correction of all validation errors before submission of results Preparation of various reporting submissions required for annual and quarterly reporting of PepsiCo Inc. Have ensured compliance of SOX key controls and maintenance of documentation for the same Independently prepared the consolidated Indian Stat. financials of one of the legal entities of PepsiCo India out of three.

Prepared various schedules/ annexures/ disclosures of other entities(Segment Report, MTM, Inter-corporate loans). Facilitated consultants in getting the overall data reviewed and validated for timely and accurate filing of PepsiCo India’s

financials for XBRL.Accomplishments:

Submitted India Beverages monthly results in a timely manner with minimal/ Nil errors making India the best reporting region within the sector (Asia, Middle East, Africa), thereby receiving appreciation from PepsiCo finance senior management both within India and Internationally.

Won PepsiCo star award for timely completion of Indian audit, with revised schedule VI and Indian Legal entities mergers coming into force simultaneously.

Trained three industrial trainees to ensure that they become good supports to the organization Was directly associated with implementation of Statutory financials consolidation software, which significantly reduced

preparation time and chances of errors. Imparted training to the work force all across India Region. Nominated as AMEA PepsiCo Star for Restructuring and simplifying the HFM upload files to reduce preparation and review

time. Reduced the number of files from 16 to 9. Received the award from Sector Controller.

Consultant – Indirect Taxes at Ernst & Young, Gurgaon (Apr’11 to Apr’12)Roles and Responsibilities:

Liaising with Government officials: Was instrumental in obtaining refund claim of INR ~180MM from Govt. Dept. Independently represented clients and won cases before adjudicating authorities and senior Government officials.

Led internal and external trainings on tax and policy matters for some of the big players in BPO and telecom sector. Preparing memos, presentations and providing tax advisory services to the clients in terms of devising tax planning structures,

providing guidance to minimize cash outflow and ascertaining indirect tax compliance requirements Prepared corporate tax returns Preparing corporate refund and rebate claims Performing corporate due diligence from the perspective of Indirect Taxation for various companies

Performing Indirect Tax diagnostic review for various companies Filing letters, replies and other correspondences with the Tax department

Education and Qualification

Additional InformationLanguage Known : English, HindiComputer skills : Microsoft Office SuiteDate of Birth : 5th April 1987

Institute Qualification Percentage Year

Institute Of Chartered Accountants Of India Chartered Accountant 55% 2010Allahabad University B.Com 65% 2008

Boys’ High School & College, Allahabad Class XII (I.S.C. Board) 85% 2005