Suman Gugug

5 years in FP&A specializing in financial modeling, budgeting, forecasting, long-range planning, business case development, and ROI investment analysis across complex multi-entity organizations. Finance business partner to Engineering, Operations, and senior leadership; translated operational drivers into P&L insights and executive-level presentations to support strategic decision-making. Built driver-based models to drive forecast accuracy and challenge variance assumptions; leveraged AI-driven tools across SAP S/4HANA, Anaplan, Power BI, and SQL to automate workflows and deliver GAAP-compliant reporting.

Partnered cross-functionally across Supply Chain, HR, and Operations; managed stakeholder relationships across 5+ departments to align financial plans with business objectives and drive continuous improvement.

Staff Financial Planning Analyst – Manufacturing Operations at Lucid Motors (2025-07 – Present)

• Owns ~$B OpEx & Headcount cost base across 24 cost centers; leads budgeting, LRP, and rolling forecasts with MoM and YTD P&L variance analysis across labor, overhead and facilities to drive cost control decisions.
• Partners with Operations and senior leadership to drive P&L improvements and business case development; delivers data-driven financial insights to influence strategic outcomes.
• Delivers monthly and quarterly performance packages covering headcount planning, KPIs, and cost centers; identifies risks and partners with stakeholders on mitigation plans.
• Identifies ~$2M in OpEx savings through driver-based analysis; manages accruals, capitalization, and PO/PR approvals/tracking against approved budgets ensuring adherence to accounting policies.
• Builds CapEx and OpEx models tracking ROI; conducts scenario and sensitivity analysis supporting capital allocation and cost reduction decisions.
• Reduces OpEx ~10% and cuts month-end close by ~1 day; automates variance workflows and integrates AI-driven tools across SAP S/4HANA, Anaplan, Coupa, and Power BI.
• Flags scrap, yield, and overhead variance risks early saving ~$500K; develops AOP and rolling forecast models improving planning accuracy across manufacturing operations.

Financial Analyst PA at IKEA North America (2024-04 – 2025-05)

• Hit revenue and cost plan within ~2% of corporate targets across 84 U.S. stores and a ~$6B P&L; built LRP, AOP, and rolling forecast models incorporating price-volume-mix analysis.
• Drove revenue forecasting and performance analysis with Sales and Marketing; delivered variance analysis with executive commentary on revenue, margin, and cost drivers.
• Led financial close, consolidation, and KPI reporting; surfaced working capital risks and opportunities across the enterprise P&L for corporate leadership.
• Developed revenue models and store-level growth targets; conducted margin decomposition and contribution margin analysis supporting pricing strategy and performance decisions.
• Underpinned ~$30M in strategic investment decisions through financial modeling, scenario analysis, and cash flow forecasting; built business cases for store expansions and cost programs.
• Slashed reporting cycle time by ~25% deploying Power BI and SAP dashboards; enhanced real-time financial visibility across the enterprise P&L.

Financial Analyst at Johnson & Johnson (2019-07 – 2022-02)

• Raised budget accuracy ~12% tracking P&L variances across labor, overhead, and material costs; championed zero-based budgeting and rolling forecasts for manufacturing operations.
• Accelerated month-end close consolidating results and identifying key variances vs. budget; maintained GAAP-compliant journal entries, accruals, and inventory reconciliations across cost centers.
• Trimmed reporting time ~15% implementing Tableau dashboards tracking overhead and OpEx variances; gave plant leadership real-time spending insights to improve forecasting accuracy.
• Uncovered ~$800K in working capital savings analyzing P&L drivers, cost trends, and variance data; synthesized findings into clear management reports using Excel and Tableau.
• Spearheaded standard costing and product costing cycles including annual cost rolls; supported cash flow forecasting and operational KPI reporting for plant leadership review.

M.S. in Business Intelligence & Analytics – Stevens Institute of Technology (2022-09 – 2024-05)

B.S. in Accounting and Finance – Osmania University (2014-06 – 2017-12)