Siddharth Baikar

About Siddharth Baikar

Finance Controller with 6+ years of experience delivering scalable financial frameworks and strategic growth for D2C and Tech organizations. I specialize in Profitability Turnarounds and Financial Infrastructure.Currently leading Finance at Snackible, where I hold full ownership of the P&L, Balance Sheet, and Cash Flow.THE HIGHLIGHTS: Turnaround Specialist: Reduced monthly cash burn from 32% to 3% in under two years by rationalizing costs and optimizing supply chain finance. Growth Partner: Partnered with growth teams to scale revenue from ₹1 Cr to ₹3 Cr/month, using data to allocate capital to high-ROI channels. 🤖 Tech-Enabled: I bridge the gap between Finance and IT. I automate reconciliation and reporting, reducing errors and freeing up time for strategy. Capital Strategy: Experienced in managing Investor Relations, Financial Due Diligence (FDD), and Valuation for fundraising rounds.I bring the rigor of a Controller and the agility of a Startup Operator. Whether it\'s fixing unit economics, managing cash flow, or preparing for a fundraise, I build the financial discipline required to scale.

Experience

1. Financial Controller

   Snackible

   Apr 2024 — Present · Mumbai, IN

   Profitability & Turnaround- Slashed Cash Burn (32% to 3%): Orchestrated a massive EBITDA turnaround over 21 months through zero-based budgeting and strategic cost rationalization across logistics and operations- Powered 3x Revenue Growth: Partnered with Growth teams to scale monthly revenue from ₹1 Cr to ₹3 Cr, structurally allocating capital toward high-ROI channels rather than passive reporting. Fundraising & Strategy- Fundraising Strategy: Spearheaded the financial leg of fundraising, managing end-to-end Financial Due Diligence (FDD), dynamic valuation models (RV/MB), and investor pitch decks- Investor Relations: acted as the primary financial point of contact, ensuring SEBI compliance and addressing investor queries on a monthly/quarterly basis- Margin Expansion: Strategized the pivot in product mix, directly driving Contribution Margin 2 (CM2) expansion for Quick Commerce channels by optimizing ad-spend efficiency. Automation & Systems- Automated MIS (70%): Engineered a tech-driven reporting framework (SQL/Python) that automated 70% of manual workflows, boosting efficiency by 25% and eliminating reporting errors- Cash Flow Precision: Improved forecasting accuracy by 15% through rigorous variance analysis, ensuring optimal liquidity for inventory planning. Operations & Controls- Working Capital: Revolutionized vendor payment terms and inventory procurement, significantly reducing Cash Conversion Cycles and minimizing operational cash burn- Revenue Assurance: Managed key B2B client relationships and collections, drastically reducing DSO- Internal Controls: Established robust SOPs for inventory/cash, ensuring 100% compliance during statutory audits- Leadership: Built and mentored a high-performing finance team of 4, fostering a culture of accountability and mediating internal conflicts to improve team productivity.

Education

• Sofia University

  Master of Business Administration - MBA, Data Analytics

• Xavier Institute Of Engineering

  Bachelor of Engineering - BE, Information Technology

  2014 — 2017

• Drucker School of Management

  Master of Science - MS, Finance and Financial Management Services

  2018 — 2020

• Vidyalankar Institute Of Technology

  Diploma, Computer Engineering

  2011 — 2014