Pawan K Verma
Bengaluru,KA
Summary
Finance Leader with over 13 years of experience in Business Finance, Reporting & Controlling, Corporate Finance and Supply Chain Finance. Adept at leading financial operations, optimizing profitability, and driving business growth. Expertise in FMCG, Manufacturing, Retail & E-Com sectors.
Overview
17
17
years of professional experience
14
14
years of post-secondary education
1
1
Language
Work History
Lead - Supply Chain Finance
Reliance Consumer Products Limited
04.2024 - Current
- Leading Manufacturing Finance of FMCG Vertical with current size of INR ~ 1000 Crs managing a team of 7 members across 60 plus co-manufacturers
- Co-Anchoring capacity creation & capex execution, ROI optimisation of Investments
- Monitor and control production costs, material usage, labour, and overheads to optimize profitability
- Ensure adherence to internal controls, financial policies, and regulatory requirements
- Lead budgeting, forecasting, and financial reporting for manufacturing operations
- Provide financial insights to manufacturing leadership to support investment decisions, costsaving initiatives, and operational improvements.
Lead - Business Finance
Jiomart Marketplace
04.2023 - 03.2024
- Finance Lead in partnering & driving growth and strategy of emerging businesses viz Fashion & Lifestyle & General Merchandise for marketplace operations (INR ~ 1200 Crs)
- Develop business strategy & drive key indices on Channel expansion, Market share & Margin, Profitability & Net Working capital optimisation
- Drive and support preparation of annual budgets & strategic plans
- Partner Channel expansion & comprehensive life cycle management of sellers
- Anchor periodic book closure of the BU and drive profitability levers through improvements in Pricing, COGS, Affordability, Collection, delivery costs and refinement in COPE
- Roll out policies/ procedures & strengthen BU financial controls
Financial Controller
Reliance Digital - Private Label
04.2021 - 03.2023
- Joined the business as Finance Lead at an incubation stage & partnered in topline growth from INR 200 Crs to INR 2500 Crs in a tenure of 2 years. (Team Size - 12 Nos)
- Managed financial operations of the BU, ensuring accuracy in financial reporting and compliance with regulatory standards
- Developed and managed budgets, forecasts, and financial models to drive business growth and cost efficiency
- Monitored cash flow, working capital, and financial risks to enhance operational stability
- Implemented internal controls to strengthen financial governance and reduce risks
- Closely worked with leadership on business & profitability drivers & measures. Few include Network expansion, TAM, Path to profitability etc
- Anchored Planning, budgeting and Financial reporting cycles comprising of Annual AOP, Monthly Sales Plan, Periodic book closure, Preparation & presentation of P&L, Balance sheet and Cash flows statements to senior management
- Key stakeholders management (External Bankers/Auditors, Central functions - Tax, Insurance etc)
Business Finance Manager
Marico Limited
04.2020 - 03.2021
- Handled FP&A/Business Finance of Saffola Category comprising of Edible Oils and Foods (INR - 1800 Crs).
- Preparation & presentation of Annual business plans & budgets, periodic rolling forecasts & variances and ensuring that brand/channel/category profitability is achieved as per plan
- Shadow P&L and competition benchmarking, Partner Sales/Marketing/Supply Chain/R&D in successful & timely launches of NPDs
- Appraisal of Capital expenditure proposals and payback monitoring
- Monthly preparation of material ledger, variance analysis on Margins (Volume/Mix/Price), operational costs and anchoring overall P&L reviews
- Monitoring & performance evaluation of Trade/Consumer budgets
- Driving Annual optimisation initiatives with cross functional teams across Procurement, Manufacturing and Sales
Divisional Commercial Manager
Marico Limited
04.2018 - 03.2020
- Sales & Supply Chain commercial operations of South India Region with annual size of ~ 2000 Crs (Channels - GT & MT)
- Manage AR of the region across 500+ Channel partners by strengthening credit controls & comprehensive partner life cycle management. Driven Channel Finance adoption to secure receivables.
- Review, monitor and strengthen adequate controls on Inventory, Receivables and Operational/Overhead Costs
- Monitor & control supply chain budgets towards warehousing & logistics (Middle/last mile)
- Driven multiple automation initiatives in Field Force claims, Channel Payouts, Logistics etc
- Annual budgeting, Forecasting, Financial reporting & stakeholder management (Auditors, Commercial authorities, External vendors)
Factory Commercial Manager
Marico Limited
04.2016 - 03.2018
- Responsible for Manufacturing Commercial, Engineering Stores of Edible Oil Factory & 10 Job workers (~ INR 1500 Crs)
- Budgeting and tracking of Plant conversion cost, Operation & variable overheads, Cash spending plan
- End to end accounting of 3P operations, P2P, Fixed assets & Inventory management
- Long term capacity planning
- Co-piloting with Manufacturing teams for increasing operational efficiencies across Plant & Job work operations
- Formulate ZBB costing for Conversion charges & drive optimization/COPE initiatives
- Handling assessment and litigation on Indirect taxes, strengthen Commercial Scorecard, Internal controls, IFC etc
Internal Audit Manager
ITC Limited
04.2012 - 03.2016
- Joined as a Management Trainee & posted in Corporate Internal audit. Carried out impactful assignments across various businesses of ITC leading teams of 2-5 Chartered Accountants. (Also covered brief stint on procurement finance in Agri business division)
- Businesses covered: Printing & Packaging, Tobacco & Leaf Tobacco, FMCG, Information technology, Hotels, Paper Boards & Speciality paper, Green field projects
Associate/Intern (Assurance, MAS & Taxation)
BDO/PKF India
04.2008 - 03.2012
Education
CA -
05.2011 - Current
Skills
Teamwork and collaboration
Professional Brief
Finance Leader with over 13 years of experience in Business Finance, Reporting & Controlling, Corporate Finance and Supply Chain Finance. Adept at leading financial operations, optimizing profitability, and driving business growth. Expertise in FMCG, Manufacturing, Retail & E-Com sectors.
Timeline
Lead - Supply Chain Finance
Reliance Consumer Products Limited
04.2024 - Current
Lead - Business Finance
Jiomart Marketplace
04.2023 - 03.2024
Financial Controller
Reliance Digital - Private Label
04.2021 - 03.2023
Business Finance Manager
Marico Limited
04.2020 - 03.2021
Divisional Commercial Manager
Marico Limited
04.2018 - 03.2020
Factory Commercial Manager
Marico Limited
04.2016 - 03.2018
Internal Audit Manager
ITC Limited
04.2012 - 03.2016
CA -
05.2011 - Current
Associate/Intern (Assurance, MAS & Taxation)
BDO/PKF India
04.2008 - 03.2012
Similar Profiles
Soumili SamajpatiSoumili Samajpati
Research and Development Executive at Reliance Consumer Products Limited (RCPL)Research and Development Executive at Reliance Consumer Products Limited (RCPL)
Rakesh ChouguleRakesh Chougule
Sales and Marketing Executive at RELIANCE Consumer Products LimitedSales and Marketing Executive at RELIANCE Consumer Products Limited
Haritha JHaritha J
Procurement Executive- Category Buyer at Reliance Consumer Products LimitedProcurement Executive- Category Buyer at Reliance Consumer Products Limited
Shobana RShobana R
Associate System Engineer at MasterCom Technology Services India PvtAssociate System Engineer at MasterCom Technology Services India Pvt
Evans VEvans V
Experienced System Verification Engineer at Volvo Construction Equipment India Pvt LtdExperienced System Verification Engineer at Volvo Construction Equipment India Pvt Ltd