
Laveena Hotchandani
Trainee Trader

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About me
Commercial Operations Governance Lead at GlaxoSmithKline Pharma GmbH
Education

The Accountants & Auditors Association UAE
-UAE CA
The Chartered Institute of Management Accountants
-ACMA CGMA Accounting and Finance
CFA Institute
2011 -Chartered Finacial Analyst Finance, GeneralPassed Level 1 in June 2011

Dubai Modern High School
1997 - 2006ICSE ISC: 91%
American University in Dubai
2015 - 2016Master of Business Administration (MBA) Finance
American University in Dubai
2006 - 2010Bachelor Business Administration Finance and Accounting GPA: 3.89 / 4
Experience

Dubai's Professional Trading Group
Jun 2010 - Sept 2010Trainee TraderTrainee Trader – Dubai Professional Trading Group, Dubai, UAEJUNE 2010 – SEPTEMBER 2010• Enhanced the practical skills required to become a successful proprietary trader of derivates which included trading on simulator based practical applications covering trading psychology, trading techniques, risk management, trading and analytical software and economic data• Traded the 5year & 10year European bonds, Eurostoxx, Crude Oil Futures & others• Actively tracked market movements in sync with economic events and daily economic releases• Skilled at trading Outrights and Spreads (Bonds) on the futures market.• Profitably Traded based on Technical Analysis, Mean Reversion, Order Flow and trending market movements Show less

GlaxoSmithKline Pharma GmbH
May 2011 - Oct 2021• Member of the Gulf Governance board to lead, design and implement the governance framework within commercial operations while remaining consistent with overall compliance and company strategies.• Facilitate in risk assessment process and timely follow up on remediation actions. • Gather intelligence and feedback from all stakeholders to ensure prompt identification and management of emerging/ new major risks.• Provide oversight to ensure commercial operations are complying to internal policies as well as external laws and regulations.• Coordinate internal /external audit and follow up on corrective and preventive action plans (CAPAS) agreed with the business to mitigate risks identified during control assessment, testing and reviews.• Perform management monitoring for commercial operations Show less • Ensuring efficiency and improving quality and accuracy in the processes for tender quotations • GNE & Saudi Lead for Enterprise tender management system to capture all quotations on the system to provide visibility to the central team• Partnering with Country Managers, Business Unit Directors and Supply Chain Leadership to support decision making and development of business strategies for tenders • Managing Tender Workshops to train the new members on the company’s ways of working and identifying best practices from other regions• Negotiate with above country teams for rebates to increase profitability and competitiveness Show less • Overseeing the tender process to ensure alignment with the SOPs• Liaising with Commercial and Regulatory teams to register products in the market to be in line with the central team’s (EMAP) pricing objectives, along with timely implementation of prices and managing updates on the central tool for prices• Evaluation of variance analysis against budgets, profit margins in case of product launches or price amendments and provide ad hoc pricing analyses as required• Partnering with Country Managers, Business Unit Directors and Supply Chain Leadership to support decision making and development of business strategies Show less • Assessment and coordination of tenders, analysing and managing price approvals for product registrations • Updating information on SAP based systems for tenders and financial budgets on a regular basis • Preparation of budget files for Gulf and Near East markets, uploading on SAP based system • Evaluation of variance analysis against budgets and inventory variances• Preparing files upon request for ad hoc pricing, budget related information• Preparation of monthly reports for forecasts, rebates and invoice prices Show less
Commercial Operations Governance Lead
May 2019 - Oct 2021Business Partner – Tenders
Aug 2016 - Apr 2019Finance Business Partner
Mar 2015 - Jul 2016Tender Analyst
May 2011 - Mar 2015
Licenses & Certifications

UAE CA
Accountants and Auditors Association - AAAJan 2021
Honors & Awards
- Awarded to Laveena HotchandaniFirst Runner Up - Business Leadership Challenge 2017 The Chartered Institute of Management Accountants (CIMA) 2017 "The Chartered Institute of Management Accountants (CIMA) announced the successful completion of its first ever Corporate Business Leadership Challenge that identifies and awards budding business talent from across industry sectors. Teams of accounting, finance and business professionals from across the GCC were invited to Dubai to participate in a competition designed to test their business management, financial management and financial accounting acumen.All 20 candidates that qualified… Show more "The Chartered Institute of Management Accountants (CIMA) announced the successful completion of its first ever Corporate Business Leadership Challenge that identifies and awards budding business talent from across industry sectors. Teams of accounting, finance and business professionals from across the GCC were invited to Dubai to participate in a competition designed to test their business management, financial management and financial accounting acumen.All 20 candidates that qualified for the finals will take the CIMA Management Case Study exam in Nov'17 and on passing the test, will be awarded with the globally accredited CIMA Advanced Diploma in Management Accounting and global designation CIMA Adv. Dip MA."(https://www.zawya.com/mena/en/story/ZAWYA20171203100039/) Show less
- Awarded to Laveena HotchandaniBronze Award GlaxoSmithKline Pharma 2015 Recognized for proactive work on Distributor Issue Management, Development of New SOP’s (Pricing, Expiry & Tender), Training to CTC team members
- Awarded to Laveena HotchandaniMagna Cum Laude American University in Dubai 2010 - GPA of 3.89/4, graduated with Honors and denoted by Silver Honor Cord
Languages
- enEnglish
- hiHindi
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