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FP&A Today
The perfect formula for FP&A and Beer – Pavels Cvetkovs at Carlsberg
Feb 12, 2025
Pavels Cvetkovs, FP&A director at Carlsberg Group and veteran of PwC and Ernst & Young, shares insights into the financial dynamics of the beer industry. He discusses how his time in the Big Four armed him with crucial skills for FP&A. Innovation and sustainability at Carlsberg are vital topics, along with the importance of collaboration across departments. Cvetkovs highlights the unique shareholder structure and the challenges of budgeting in a competitive environment. He emphasizes the value of financial modeling and proactive business partnering.
37:36
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Quick takeaways
- Pavels Cvetkovs emphasizes that his journey in finance began with inspirations and experiences that shaped his career, ultimately leading him to the role of FP&A director at Carlsberg Group.
- The podcast highlights the evolution of FP&A at Carlsberg from traditional reporting to a proactive business partnering approach, underpinned by technology and data-driven decision-making.
Deep dives
Pavels Svetkovs' Career Journey
Pavels Svetkovs shares the unconventional path that led him into finance, highlighting the impact of peer influences during his school years. Initially unsure about his career direction, he found inspiration from a classmate's obsession with investments, prompting him to pursue a finance degree. Gaining practical experience through part-time jobs, he eventually joined Ernst & Young, where his four years in audit equipped him with an invaluable understanding of financial principles. This foundation proved essential when he transitioned into FP&A, where his roles broadened from business controller to the current FP&A director at Carlsberg Group.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode