Rishabh Jain

Experience

• 

  BMR Advisors Pvt Ltd.

  Mar 2010 - Mar 2013

  Intern

  Consulting in the areas of advisory, tax litigation and compliance, exchange control and corporate law.

• 

  Aditya Birla Group

  May 2013 - Aug 2016

  Executive Assistant to Managing Director of Hindalco Industries Limited (largest aluminium rolling company in the world). Analytical arm of CEO responsible for driving key projects including long term raw material sourcing, sustaining profitability, simplification of reporting and IT automation. Established various industry benchmarking practices to closely monitor business KPIs. Standardised cost reporting practices across factories. Part of the core team responsible for revival of Hirakud factory after federal resource deallocation. Show less

  • Executive Assistant

    Jul 2015 - Aug 2016

  • Assistant Manager

    Jun 2014 - Jun 2015

  • Finance Leadership Associate

    May 2013 - May 2014
• 

  Marico Limited

  Sept 2016 - Mar 2019

  Finance Manager

  Finance manager for international business. Leading a team of 4 responsible for handling business finance for GCC, Egypt & New Country development business. Spearheading automation for finance & commercial reporting.Heading finance and commercial for new country development business. Completing semi annual budgeting exercise for Marico international. Anchored various cost improvement & overhead reduction initiatives across geographies. Setting up of best sales commercial practices in NCD markets.Leading greenfield expansion of Marico's business in Sri Lanka on all finance, commercial and supply chain fronts.Delivering 40% savings in sea freight procurement via digital reverse auctioning process. Show less

• 

  Pidilite Industries Limited

  Mar 2019 - now

  Managing gross margins with 6 member team for India business with annual turnover of ~Rs 12K CrLeading project management for long term cost saving projects with annual impact of ~Rs 250CrDesigning automation of costing for > 8K SKUs to crunch timelines and improve accuracy of process Designing analytical mindset to identify opportunities for price or cost correction across SKUsScaling up power Bi adoption and redeploying resources for higher value addition activities Show less Leading Export commercial function with a team of 4. Responsible for End to End finance, commercial and compliance for export book of over Rs 1k Cr spanning over more than 89 countries.Responsible for P&L delivery for exports inducing decision support, pricing, cost optimization and budgeting.Revamping commercial policies for exports in light of new ways of working in the time of pandemic. Outsourcing repetitive business processes to release team bandwidth and focus on more value adding activities. Revamping of entire Margin management process with in depth analysis of sales and cost data. Automation of financial and commercial reporting to ease out and standardize the processes.Leading Digitization of traditionally manual process of export documentation. Maintaining banking relations with AD bankers for trade related purposes. Editor of Quarterly Finance Magazine "FinKonnect" covering various updates in the world of Finance (within Pidilite and outside Pidilite) Show less Heading the commercial function for Pidilite Subsidiaries and Joint ventures. Responsible for implementing best in class commercial policies and ensuring their compliance.Rolled out comprehensive policy manual across 10 subsidiaries with customized policies for commerical and margin management. Core team memeber for business profitability and turnaround of Middle East and Brazil business. Both units turned profitable within 2 years with the strategy after suffering losses for ~15 years.Closed multiple funding deals totalling to USD 5 Million across 3 geographies.Dealing with bankers and regulatory authorities to execute necessary funding actions at optimum costs for international units. Saved more than 200 bps in interest cost via transaction structuring and negotiations. End to end Digital execution of funding transactions under pandemic situation. Digital transformation credit assessment of distributors using external intelligence and Fintec based approach. Periodic reporting of business KPIs to management for necessary review and actions. Concluding annual planning and budgeting exercise for international units. Show less

  • Head Margin Management

    Apr 2023 - now

  • Head Commercial

    Aug 2022 - Apr 2023

  • Senior Manager - Export Commercial

    Feb 2021 - Aug 2022

  • Senior Commercial Manager

    Mar 2019 - Feb 2021