Laveena Hotchandani

Laveena Hotchandani

Trainee Trader

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location of Laveena HotchandaniDubai, United Arab Emirates

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  • Timeline

  • 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, General

      Passed Level 1 in June 2011

    • Dubai Modern High School

      1997 - 2006
      ICSE ISC: 91%
    • American University in Dubai

      2015 - 2016
      Master of Business Administration (MBA) Finance
    • American University in Dubai

      2006 - 2010
      Bachelor Business Administration Finance and Accounting GPA: 3.89 / 4
  • Experience

    • Dubai's Professional Trading Group

      Jun 2010 - Sept 2010
      Trainee Trader

      Trainee 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 2021
      • Business Partner – Tenders

        Aug 2016 - Apr 2019
      • Finance Business Partner

        Mar 2015 - Jul 2016
      • Tender Analyst

        May 2011 - Mar 2015
  • Licenses & Certifications

    • UAE CA

      Accountants and Auditors Association - AAA
      Jan 2021
  • Honors & Awards

    • Awarded to Laveena Hotchandani
      First 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 Hotchandani
      Bronze 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 Hotchandani
      Magna Cum Laude American University in Dubai 2010 - GPA of 3.89/4, graduated with Honors and denoted by Silver Honor Cord