Virendra Jain

Chief business finance @ FABINDIA LIMITED

About

Steering FABINDIA LIMITED's financial trajectory, my role is pivotal in crafting strategic initiatives that have significantly enhanced our financial standing. Our team has successfully streamlined operations, ensuring robust financial health and supporting sustainable growth, thanks to our expertise in strategic financial management, budgeting, and forecasting. My tenure in finance leadership has fostered a culture of excellence and meticulous financial resource management. With the insights gained from these experiences, my contributions have been instrumental in empowering informed decision-making, driving FABINDIA's competitive edge in the retail sector.

Country

India

City

Delhi

Industry

Retail

Skill

Strategic Financial Management, Budgetting, Farcasting, Costing, MIS & Accounts, Pharmaceutical Industry, Team Management, MIS, Analysis, Budgets, Finance, SAP, Financial Analysis, Validation, ERP, Business Planning, Business Strategy, Management, Management Information Systems (MIS), Financial Forecasting, Budget Modeling, Business Analysis

Experience

Chief business finance

FABINDIA LIMITED

2023-10 - Present · 3 yrs

New Delhi, Delhi, India

Head Business Finance

FABINDIA LIMITED

2020-10 - 2024-3 · 3 yrs 6 mos

India

Head Of Commercial

FABINDIA LIMITED

2018-8 - 2020-10 · 2 yrs 3 mos

New Delhi Area, India

General Manager Finance

Cadila Pharmaceuticals Limited

2016-10 - 2018-8 · 1 yr 11 mos

Ahmedabad Area, India

Dy. GM Business finance

Alkem Laboratories Ltd.

2015-4 - 2016-9 · 1 yr 6 mos

Mumbai Area, India

Business forecast. Budgeting and variance analysis Monthly MIS Capex budgeting Financial evaluation of Capex Cost audit Inventory control Implementation of CO module in SAP

Sr. Manager Costing & MIS

Biocon

2014-6 - 2015-4 · 11 mos

Bangalore

Handling Product costing, Variance analysis, Validation of financial savings, long term forecasting, Implementation and standardization of process, validation of customize SAP reports.

Sr. Manager

Lupin

2005-5 - 2014-5 · 9 yrs 1 mo

Palghar Area, India

Discussion & negotiation with different departments to finalise revenue & capex budget. Discussion of budget with Sr. Management and finalise the budget. Monthly monitoring & Analysis annual revenue & capex budget. & presenting data to Sr. Management along with analysis & compression actual with budget & with last year actual. Preparing long term plant based on business present products growth & new launches. Determining capacity of plant & present capacity utilization, suggesting expansion based on long term plans. Financial validation of different cost saving projects & expansion projects. Closely monitoring of cost saving projects & presenting actual saving after implementation to Sr. Management & comparing the saving with projected saving. Helping management in make & buy decision. Cost analysis at product cost level on monthly basis. Plant performance analysis based new initiative & cost saving. Monthly monitoring of slow moving & non moving material. Based on future requirement helping management in decision making for liquidation of material, if these are not usable in near future. Monitoring & analysis of product Yield & Solvent recovery with budget in case of low Yield & low recovery of solvent. Find out reason behind low Yield & low recovery. Same is shared with Sr. Management along with corrective & preventive action taken. Compression of actual sales with budgeted sales. Providing product wise rate variance & volume variance. Helping management in taking decision for new business. After analysis the extra available capacity, cost of production & distribution & price offered by client. Cost benefit analysis of new process & filling fees with FDA. Based on future volume & cost saving per kg with new process.