Virendra Pawar

Enterprise Financial Leadership and Operations

• Provide strategic leadership over end-to-end accounting operations across multiple entities, including books of accounts, general ledger, reconciliations, fixed assets, accounts payable/accounts receivable, and finalization of accounts.
• Ensure timely preparation of MIS, P&L, Balance Sheet, and Cash Flow, maintaining high standards of accuracy, governance, and compliance.
• Lead and mentor finance teams, fostering a culture of accountability, continuous improvement, and control consciousness.
• Design, implement, and continuously strengthen internal controls over financial reporting (IFC) to safeguard assets and ensure data integrity.

Financial Reporting, Consolidation, and Decision Support

• Lead preparation and review of statutory financial statements in compliance with Schedule III, Indian GAAP, IND AS, and IFRS, ensuring a 'True and Fair View' certification.
• Oversee group consolidation and corporate financial reporting to meet management, the Board, and stakeholder requirements.
• Drive quarterly forecasts, annual budgets, long-range planning, cash flow projections, and variance analysis.
• Deliver high-impact MIS and Power BI dashboards for senior management, enabling data-driven decision-making.
• Partner with business leaders across Plant, Purchase, Distribution, Marketing, and Supply Chain to interpret financial data, identify trends, and support strategic initiatives.

Treasury, Working Capital, & Banking

• Oversee banking operations, fund flow management, working capital optimization, and foreign exchange management aligned with manufacturing and regulated supply-chain requirements.
• Manage banking relationships, credit facilities, and cash planning to ensure liquidity, and cost efficiency.
• Liaise with credit rating agencies (CARE Ratings, Dun & Bradstreet, etc.) for data submissions, management discussions, and clarifications to support accurate and appropriate credit ratings, strengthening lender confidence, and funding access.
• Monitor and optimize receivables, payables, inventory cycles, and settlements with distributors and C&F agents to improve cash conversion efficiency.

Taxation and Regulatory Compliance.

• Lead direct and indirect taxation across entities, including Income Tax, Advance Tax, TDS, GST, Customs, and export incentives.
• Manage tax computations, filings, assessments, and ongoing liaison with tax authorities.
• Coordinate and support internal, statutory, and tax audits, ensuring timely closures, resolution of audit observations, and sustained compliance.
• Oversee compliance with foreign exchange regulations (FEMA), where applicable.
• Ensure adherence to the Companies Act and other applicable corporate laws, maintaining strong governance, and regulatory discipline.

Governance, Risk Management, and Fraud Prevention

• Apply Certified Fraud Examiner (CFE) expertise to proactively assess fraud risks, detect red flags, and strengthen preventive controls.
• Support internal investigations, audit observations, and remediation actions.
• Act as a key governance partner to senior management, auditors, and the Audit Committee.

Stakeholder Management and External Interface

• Manage financial relationships with group companies, multiple clients, distributors, and C&F agents.
• Serve as the primary liaison with statutory auditors, internal auditors, cost auditors, tax consultants, banks, and regulatory authorities (GST, Customs, ROC, DRI).
• Collaborate closely with Tax, Treasury, Legal, Secretarial, and Corporate functions to ensure seamless operations and compliance.

Finance Transformation and Automation

• Interpret and implement accounting standards with a strong focus on compliance, governance, and consistency.
• Drive finance transformation initiatives, including process standardization, automation, ERP optimization, and evaluation of retain vs. Outsource models.
• Build scalable, system-driven processes to support business growth and complexity.
• Enhanced communication among team members through regular meetings, promoting an open dialogue about challenges and opportunities for improvement.
• Mentored staff members, fostering a supportive work environment that enhanced employee performance and retention.
• Assisted in the recruitment, hiring, and onboarding process for new employees to build a skilled workforce, committed to excellence in performance.

• Managed the complete accounting lifecycle for the pharmaceutical manufacturing and distribution unit, statutory compliance, taxation, and financial reporting.
• Handled audits, regulatory filings, and liaison with tax authorities.
• Built a strong foundation in controls, documentation, and governance, enabling the transition into senior corporate accounting leadership roles.
• Developed and implemented new operational procedures, streamlining daily tasks and improving overall efficiency.
• Maintained detailed records of all transactions, ensuring accuracy in accounting reports required for tax purposes or audits.
• Managed inventory levels to prevent overstocking or stockouts, ensuring availability of required items.