FP&A Today

The perfect formula for FP&A and Beer – Pavels Cvetkovs at Carlsberg

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Grab a beer and listen to this special episode. We are joined by Pavels Cvetkovs FP&A director at Carlsberg Group who reveals the formula of FP&A at the famous brand. Carlsberg was founded in 1847, has 140 brands, and 30,000 employees – and FP&A is core to their success, says Cvetkovs.

In this episode:

  • How my career in the Big Four (and audit) served as “finance military school” 
  • Moving from business controller to FP&A
  • The essence of Carlsberg – innovation in brewing and sustainability 
  • Distinct shareholder structure at Carlsberg run by Carlsberg foundation 
  • What’s so special about the beer and beverage industry and our FP&A practices 
  • Power of inventory management, sales seasonality, and supply chain and cost planning in brewing 
  • Forecasting and planning and achieving highest levels of collaboration 
  • FP&A set up and management of 10-20 KPIs at Carlsberg 
  • Business partnering as a mindset at Carlsberg 
  • Visiting sites in operations at Carlsberg 
  • Biggest challenges overcome in budget season
  • Refining my financial modeling skills

    • Follow and connect with Pavels on Linkedin:

    https://www.linkedin.com/in/pavels-cvetkovs-471b231a

     

    ...more
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    FP&A TodayBy Glenn Hopper
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