Sidharath J. Email and Phone Number
With over 20 years of diverse finance experience, Sidharath is a seasoned CFO and business leader. He leads the finance and procurement function at MOVIN India, a joint venture brand between UPS and InterGlobe Enterprises that offers agile, reliable, and predictable shipping solutions to Indian businesses. Sidharath is responsible for building the organization, values, and culture, as well as driving financial performance and strategic planning.Sidharath has a strong track record of delivering business growth, profitability, and process excellence in various industries, including FMCG, start-up, and life sciences. He has worked with leading organizations such as Unilever, Mars, Thermo Fisher, and Ola, where he has handled multiple facets of finance, such as business finance, corporate finance, treasury, accounting operations, business process transformation, and supply chain finance. Sidharath is a motivating leader who has built and mentored high-performing teams from scratch. He is an effective finance business partner and a problem solver who thrives in challenging and stimulating environments.
Euler Motors
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Chief Financial OfficerEuler Motors Jan 2024 - PresentNew Delhi, Delhi, In- Leading Finance, Secretarial, Legal, Compliances and ESG Function.- Transforming finance function into an effective business partner and governance custodian.- Partnering CEO on Funds Raising and Investors' Management. - Driving Growth, Profitability and Working Capital Management. -
Chief Financial OfficerMovin India Oct 2021 - Jan 2024Gurgaon, Haryana, InMOVIN is a logistics joint venture brand between UPS and InterGlobe Enterprises which is created to connect Indian businesses through agile, reliable & predictable shipping. MOVIN is ideated for MOVement to INdian enterprises which will leverage UPS’s global logistics design expertise combined with InterGlobe’s in-depth understanding of the Indian market. Creating corridors of opportunity, innovation, and excellence, MOVIN offers seamless integration across air and ground networks, to B2B customers, enabling an uninterrupted flow of goods that is backed by consistent, predictable, and responsive operations. Heading the Finance and Procurement function with 25+ team members. Building the organization, values, culture, finance team, scalable financial & operational processes, and controls from inception. Implementing business strategy through strong finance partnering with other cross functional leaders and teams. Responsible for dynamic performance management and SHA (shareholders’ agreement) caveats adherence. -
Cfo & Board Member - Royal Canin India (Div. Of Mars Inc.)Mars Jul 2020 - Oct 2021Mclean, Virginia, Us Headed the Service & Finance, Procurement, and IT function at Royal Canin India. Responsible for financial results performance and short term / long term financial planning and strategy. Finance business partnering with other cross functional leaders and teams. Finance team restructuring and capability development. Facilitated achievement of business KPIs amidst COVID-19. Spearheaded implementation of the ERP system. Led Governance, Controls & Risk Management. Significantly improved the governance environment and culture at the organization. Uplifted the financial hygiene. Completion of three statutory audits within the tenure. -
Head - Business Planning Transformation | Mars Wrigley IndiaMars Aug 2019 - Jun 2020Mclean, Virginia, Us Spearheaded the business planning transformation for Mars Wrigley India to make the business ready for exponential future growth. Key responsibilities included cutting-edge technology & tools implementation and process revamping in line with the industry standards. Projects included MRP implementation, Integrated Business Planning & Master Data Management. Senior member of India Finance Leadership Team. -
Member - India Confectionery Leadership Group (Iclg)Mars Jan 2018 - Jun 2020Mclean, Virginia, Us -
Finance Controller - Mars IndiaMars Jan 2018 - Aug 2019Mclean, Virginia, UsHeaded the in-house finance shared service centre for Mars India. Implemented and stabilized the Finance Excellence Centre (FEC) consisting of OTC, PTP, RTR, Tax & Treasury, Payroll & Benefits and Governance functions. Strengthened internal controls, governance culture & led statutory audits and internal / corporate audits. Ensured financial hygiene of the financial books and timely management & corporate reporting. Led the business deliverables with respect to NCFO delivery and Value Leadership Programmes. Led the mentoring, capability development & training for the FEC team members.Key Achievements:(a) Significant improvement in the governance culture & internal controls.(b) 40% Audit Fees reduction over 2 years.(c) 30% Finance related professional fees optimization in 1 year.(d) Process and KPIs improvement & strong business stakeholders' management.(e) Automation of key processes (e.g. concur for T&E expenses). -
Divisional Finance Controller - Lsi And HsiThermo Fisher Scientific Oct 2016 - Jan 2018Waltham, Ma, Us Headed the finance function for two business divisions contributing to ~40% of the revenue. Responsible for forecasting, planning, execution, & delivery of financial results and collaborating with business teams for categorystrategy, key decisions on pricing, trade terms, profitability improvement. Led the preparation of annual operating plan, long-term category strategy & financial model. Led the business turnaround for the India Chemicals business. Senior member of India Finance Leadership Team. -
Group Financial Controller (Senior Director)Ola (Ani Technologies Pvt Ltd) Apr 2015 - Sep 2016Bengaluru, Karnataka, In Spearheaded the corporate finance function. Worked closely with the Co-founders and other CXOs in driving business growth and profitability. Responsible for Financial Operations, Tax & Treasury, Payroll & Benefits, Process Excellence, Internal Controls & Governance, Management & Financial Reporting, and Investor’s Relations & Reporting. Led the finance transformation through setting up of finance function & ERP implementation & various other automations. Led the due diligence for $500 Mn funding round. Actively worked on the Competition Commission Case filed vs. Ola. Led and mentored a team of 200+ finance professionals. -
Senior Finance Manager - Water CategoryUnilever Apr 2014 - Apr 2015Blackfriars, London, GbHeaded the finance division for Water Category of HUL with overall responsibility of forecasting, planning, results and partnering with business head for category strategy, key decisions on pricing, trade terms, advertisement & promotions. Responsible for Topline and Bottomline delivery of the business.Key Responsibilities were:Profit Centre Accounting Financial forecasting on a monthly rolling basis for the year P&L. Submission of Actual results to the controllers department post detailed analysis & comparison with forecast. Gross Margin Variance Analysis and review of each line item of P&L results. Responsible for financial reporting and audit requirements.Customer Development Finance Business Partnering the Customer Development and Customer Marketing team. Designing of Trade Schemes and Budgeting & Monitoring of actual against budget of Trade Spends. Timely settlement of Trade Schemes; Damage Claim settlement. Financial hygiene and controls on the debtors’ collections; defining & regulating Customer’s Credit Limits. Defining and agreeing ‘Terms of Trade’ with the Modern Trade Customers. Brand Building Finance Responsible for the in-year P&L delivery for the business. Responsible for product profitability; channel profitability; 3P manpower profitability and state wise profitability. Dynamic allocation of resources and budgets across Trade Spends, A&P and Overheads. Price change management and Execution. Business Partnering on the new business models and revenue opportunities. Execution of business plan and Category Strategy.Supply Chain Finance Monthly review of material forecast and product costing. Driving Cost Effective programme anchoring a cross functional team including R&D; Procurement & Marketing functions. Design and execution of sourcing strategy for the products. Price master control and execution. -
Senior Finance Manager - TreasuryUnilever Apr 2013 - Mar 2014Blackfriars, London, GbHeaded the Treasury department at HUL. Responsible for Liquidity Management, Investments, Forex Management, Back Office Operations, Controls, Banking Relationships and Business Partnering.Key Responsibilities: Liquidity Management of Rs. 5,000 Crs Treasury. Forex Management for ~ Rs. 2,500 Crs annual imports / exports. Investments and compliance with HUL’s Assets Allocation Model. Risk Management and Controls. Leading Channel Finance Programmes for Customers and Vendors. Implementing new Banking solutions and Innovations. Relationship management with Banks. Driving Simplification agenda in HUL banking network. Funding of subsidiaries through Inter Corporate Deposits. Business Partnering. -
Factory Commercial ManagerUnilever May 2011 - Mar 2013Blackfriars, London, Gb> Headed the Commercial Function at the largest exports factory of HUL.> Responsible for Factory Accounting and Controls, Supply & Material Management, Inventory Management, Working Capital Management, Customer Service & Cost Control.Key Responsibilities:Finance & Accounts Budgeting and monitoring of the budgets on a monthly basis. Driving Financial Hygiene and streamlining of processes. Cost management and Working Capital Management Driving operational efficiency and reduction of production wastages / inefficiencies. Negotiations & agreement with the co-packers on the cost of co-packing activities and ROIs.Customer Service Short term and Long term Demand and Supply planning and execution. Ensuring full utilization of the available manufacturing capacities while fully meeting the customers’ demand. Managing and Monitoring of Co-packer operations. Logistics Management Supply Management Supply management for Raw Material and Packing material. Vendor management Dispatch monitoring for final finished goods from the factory to the offshore customer.Legal Compliances Ensuring Compliance with the Special Economic Zone (SEZ) provisions & Customs Act. Executing legal agreements with the various service providers.Key Achievements:(1) Significant Stock Days-in-Hand reduction and efficient Inventory Management.(2) Delivery of Rs.6 Crs. of Cost savings in 2012.(3) Reduction in Conversion Cost for the unit.(4) Excellent customer service to 50+ customers spread across world. -
Category Finance Manager - Home Care South Asia & Global RadiantUnilever Nov 2007 - Apr 2011Blackfriars, London, GbKey Responsibilities:Business Partnering Business partnering the brand development team in the Innovation projects.o Financial evaluation of the project and checking the financial viability against the financial thresholds.o Facilitating decisions on pricing and cost re-engineering by highlighting the financial impact of each decision. Risk analysis using advanced sensitivity tools & financial techniques including DCF analysis, scenario analysis. Providing analysis on opportunities, issues and providing solutions facilitating business decisions. Acting as a catalyst between the Brand Development Team and Brand Building team for alignment on the financial and business project plans. Analyzing competitors’ profitability and financial benchmarking including shadow costing.Forecasting and Reporting Preparing long term financial projections and strategic plans for the business division for each country within the portfolio. Preparing 3 years rolling profitability roadmaps for the business division and aligning the same with the operating companies. Monitoring and reviewing of product pricing vs. the strategic pricing and action planning for deviations. Reviewing the quarterly forecast and analyzing the same to ensure alignment with the strategy.Budget Management Budgeting and monitoring of the budgets on a monthly basis. Analysis of actual expenses vs. the budgets and monitoring for any deviations. Facilitating process improvement in the payment module / payment process. Negotiating agency fees for one Global Laundry Brand with the advertisement agency and ensuring closure within budgets. -
Business Leadership Trainee - CommercialUnilever Oct 2006 - Oct 2007Blackfriars, London, Gb -
Article TraineeDeloitte May 2003 - May 2006Worldwide, OoTeam member of the Audit Assurance Division. Experienced in handling and leading: - Statutory Audit assignments; - Quarterly Limited Review (of listed Companies; pursuant to Clause 49 of the Listing Agreements); - Tax Audit assignments; - Internal Audit assignments; - Special Projects.Received 'Certificate of Appreciation' and 'Cash Reward' from Deloitte India CEO for securing Rank in CA Final.
Sidharath J. Education Details
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The Institute Of Chartered Accountants Of IndiaChartered Accountant -
Indian Institute Of Management BangaloreExecutive General Management Programme -
Hansraj CollegeEconomics -
Lovely Public Senior Secondary SchoolGeneral
Frequently Asked Questions about Sidharath J.
What company does Sidharath J. work for?
Sidharath J. works for Euler Motors
What is Sidharath J.'s role at the current company?
Sidharath J.'s current role is Chief Financial Officer | FE Visionary Leader 2024 | People, Finance, Strategy, Sustainability, Business Transformation, Corporate Governance | Rank-holder CA, IIM-B | Ex-HUL, Ex-Mars, Ex-Thermo Fisher, Ex-Deloitte.
What schools did Sidharath J. attend?
Sidharath J. attended The Institute Of Chartered Accountants Of India, Indian Institute Of Management Bangalore, Hansraj College, Lovely Public Senior Secondary School.
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