Aivaras Pranskaitis Email and Phone Number
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Results-driven corporate finance professional with 10 years of experience, 8 in CPG: Wrigley/Mars Inc. and its subsidiary Nature's Bakery. Over the years, I've provided leadership with business insights and recommendations and drove organizational action to successfully achieve or exceed financial objectives in the areas of operating expenses and cash flows.Key value-adds: enabling leadership’s decision-making with accurate data-driven insights and recommendations; knowledge, ownership and execution of key levers to achieve financial objectives; demonstrated value leadership history; demonstrated results in leading and completing organizational transformation objectives. Key strengths: high technical proficiency, user-centric process and report design, strong ability to create and roll out new operational processes and drive continuous improvement, effective team player, effective at cross-functional collaboration, self-sufficiency, communication. Especially skilled in FP&A, NCFO forecasting, Business Partnership, A&CP and Overheads Management. Experience with AI and Machine Learning forecasting projects. Experience in Business Unit, Global, and Service Center roles.
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Mba CandidateHarvard Business SchoolCosta Mesa, Ca, Us -
Assistant General ManagerUscalibration Incorporated Aug 2024 - PresentIrvine, Ca, Us -
Mba CandidateHarvard Business School Aug 2022 - Nov 2024Boston, Ma, Us -
Summer ConsultantEy-Parthenon Jun 2023 - Aug 2023Boston, Ma, Us -
Fp&A ManagerNature'S Bakery Jan 2022 - Aug 2022Reno, Nevada, UsNature's Bakery, one of the recent additions to the Mars family of companies, is one of the fastest growing snack brands in the category.Role responsibilities included:• Implementing and leading the Step 4 of the S&OP process, managing risks & opportunities and mitigating actions• Managing alignment, reporting, and delivery of Overheads and Marketing budgets• Analyzing and reporting financial insights and recommendations to the leadership• Strengthening effectiveness of the Finance function by integrating new processes and best practices• Increasing quality of decision-making by designing and building, both individually and through collaboration, new reporting tools and methods to uncover meaningful insights -
Fp&A Business Partner - Mars Food North AmericaMars Nov 2019 - Jan 2022Mclean, Virginia, Us• Provided leadership with financial insights-based recommendations.• Brought full visibility, predictability, and data-driven decision-making to the >$40M Advertising & Consumer Promotions budget for the first time.• Owned the full P&L forecast of Mars Food North America• Pressure-tested internal forecasts and continuously improved forecasting techniques and ways of working• Under tight deadlines, designed, implemented, and fully owned a dual NCFO forecasting model for a $500M business, enabling confident decision-making for the leadership team.• Implemented techniques, processes, and ways of working that enabled accurate forecasting of previously unpredictable areas of the P&L and freed up resources to focus on other areas.• Supported and influenced the development and implementation of a global AI-based P&L forecasting platform• Pioneered the overheads management transformation in Mars to a self-service model by influencing organizational structure design, leading the adoption of global tools, and designing/implementing new tools/processes/ways of working -
Sr. Financial Analyst - Mars Wrigley Global Fp&A / Governance & ControlsMars Oct 2016 - Nov 2019Mclean, Virginia, Us• Managed a $380M Corporate Overheads budget with a headcount of over 1000 associates• Designed and automated reports servicing >150 recipients on a periodic basis• Successfully drove a >$50M expense budget reduction in 6 months, helping Global Mars Wrigley meet its financial targets• Co-piloted Corporate Affairs, IT, and Facilities departments while supporting co-pilots of all other departments• Provided Governance & Controls recommendations and helped implement process controls for local and global processes• Integrated processes, ways of working, and reporting tools to successfully support an internal merger of multi-billion dollar segments• Developed a T&E dashboard, bringing clarity and accountability to ~$15M of annual spend -
Sr. Accounting Specialist - Mars Global Shared Financial ServicesMars Jan 2015 - Oct 2016Mclean, Virginia, Us• Independently managed Oracle's Essbase system and processes responsible for periodic pass-through allocation of shared service costs across >150 business units world-wide with >$250M of annual billings and >150 allocation keys in multiple currencies• Improved the department's internal audit rating from red/yellow to green by significantly improving processes/tools and bringing end-to-end accounting transparency to the allocation process for the first time• Designed and semi-automated periodic and quarterly reports using data from Essbase, SAP, Blackline, direct associate inputs, and other internal systems• Took ownership of previously segment-owned R&D True Up process and successfully scaled it for global adoption -
Financial Reporting Analyst (Contractor) - Wrigley U.S. Fp&AMars May 2014 - Jan 2015Mclean, Virginia, Us• Led cooperative design and optimization of Excel, SAP and other reporting tools• Performed internal audits, identified risks, and improved internal control processes• Took over and semi-automated a large share of the team’s periodic reports, ad-hoc requests, and data analyses using SAP and Microsoft Excel• Analyzed and reported trajectories and risks of Wrigley North America operating expenses and customer-driven costs• Posted periodic journal entries• Researched and calculated necessary accrual balance adjustments -
Real Estate Valuation AnalystCentury 21 Affiliated Chicago Sep 2013 - Apr 2014Chicago, Il, UsReal Estate Analyst on a team of a PE-backed Real Estate brokerage, helping large hedge funds invest in residential real estate.• Performed qualitative and quantitative analysis on thousands of residential properties• Assisted with development of property valuation software and guided the structure of its mathematical models• Built databases with yield, capitalization, and other metrics for over 100 cities in the Greater Chicagoland Area, and used them to improve the valuation model of a prospective client, helping to secure a contract with the client over competing brokerages• Created and improved excel templates and macros to maximize workflow efficiency and identify most desired assets for further underwriting, filtering out undesired results and saving our team hours of daily manual labor -
Accountant / Financial Analyst / Treasurer / Client Financing RepresentativeInsurhaus, Inc. Jun 2012 - Sep 2013• Analyzed and optimized business cash flows• Researched, presented, and implemented revenue growth and expense reduction opportunities• Financed commercial insurance policies• Managed all company receivables and payables across multiple bank accounts• Filed monthly, quarterly, and annual tax forms• Handled all payroll, including preparation of commission reports• Performed bookkeeping activities and reconciliation processes• Prepared financial contracts and reports for clients• Answered clients' finance-related questions• Designed, modeled, executed, and evaluated changes in financial business strategy• Designed and owned cash flow schedules and mitigating action plans
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Marketing InternMidway Building Services Aug 2010 - May 2011• Designed advertising brochures and helped develop marketing strategies for different customer segments.• Gathered contact information and created extensive sales lead spreadsheets.
Aivaras Pranskaitis Skills
Aivaras Pranskaitis Education Details
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Harvard Business SchoolMaster Of Business Administration - Mba -
University Of Illinois ChicagoGeneral
Frequently Asked Questions about Aivaras Pranskaitis
What company does Aivaras Pranskaitis work for?
Aivaras Pranskaitis works for Harvard Business School
What is Aivaras Pranskaitis's role at the current company?
Aivaras Pranskaitis's current role is MBA Candidate.
What is Aivaras Pranskaitis's email address?
Aivaras Pranskaitis's email address is ai****@****fem.com
What schools did Aivaras Pranskaitis attend?
Aivaras Pranskaitis attended Harvard Business School, University Of Illinois Chicago.
What are some of Aivaras Pranskaitis's interests?
Aivaras Pranskaitis has interest in Company Valuation, Electronic Trading, Mountain Biking, Investing, Real Estate Valuation, Fundamental Analysis, Algorithmic Trading.
What skills is Aivaras Pranskaitis known for?
Aivaras Pranskaitis has skills like Finance, Financial Analysis, Microsoft Excel, Powerpoint, Analysis, Real Estate, Data Analysis, Financial Modeling, Corporate Finance, Strategic Financial Planning, Mathematics, Foreign Languages.
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