Sumit Jain Email & Phone Number

Parag Milk Foods Limited• Gross Margin and profitability improvisation by 220 bps• Successful restructuring for debt • Secured institutional business for worth of INR 325 Crs• Additional Fund raising for INR 156 Crores on off Balance sheet basis.• Driving project for cost saving with target of INR 100 crs.• Secured benefits of INR 33.1 crores under PLI and PSI scheme.• B2C business redesigning ( last 2 Quarters growth is average 22% on QoQ basis).• Successful deal closure for setting up joint ventures in two overseas country.Reliance Brand Limited • Ramped up the business from Business size of INR 1200 crs to INR 1800 Crs.• Delivered all time high business performance luxury business portfolio. (125%+ AOP)• Project for Business Valuation and Target pricing for stake acquisition in Manish Malhotra, Circle E and Omania Toys)• Successful implementation of Algorithm based Budgeting tool for entire RBL.• Successful implementation of Inventory liquidation plan bringing inventory DOH down by 18.5%.• Successful acquisition of Luxury business franchisee rights of CHARLES TRYWHITT and BALENCIAGA.• Successful acquisition of IP rights for Baby care international luxury brand Mothercare and Brooks Brothers.• Led Finance reimagine committee formed of Young finance leader of the organization for two years.• Effective front end dealing with Luxury Brands HQ and Investors• Due Diligence for acquisition of international business for worth of INR2500 Crs (NY Stock Exchange Listed Company).• Revamped Hamleys international business to 97% topline achievement of 2019-20 with Improved delivered margin.Britannia Industries Ltd.• Complete “Procure to Pay” management for procurement of Raw Material/Packaging Material PAN India all plants for worth of 7500 Crores.• Implementation of 5+ Fintech app.procurement and distribution of Key Commodities.• Project ownership and implementation for project Milaap ( ASN based Gate Entry System)• Member of SAP S4 HANA core committee• Leadership and controlling on financial aspect for “Project Wheat Buying” ( Size of Operations ~Rs. 800 Crores.• Fund plan and management for almost ~Rs. 1300 crores for on strategic • Key Leadership in initiating hedging model for Oil Sourcing on BMD ( Bursa Malaysia Derivative – Malasiya) Expected Quantum of INR 500 Crores.• Highest KRA score achievement for 2019-20 and taken charge of 4 different profile with in 3 months of joining.• Highest CEP ( Cost Efficiency Program) contribution to organization goals ~42% of total organizational • Secured Fiscal Benefits for expansion

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  President - Finance Compliance Legal And Supply Chain

  Parag Milk Foods

  Jan 2024 - Present - Mumbai, Maharashtra, India

  Heading Finance Operations and Strategic Planning, steering the finance team in critical commercial decisions, budget approvals, and crafting the AOP for FY 24-25, with a bold 5-year vision. Chairing board meetings, ensuring rigorous SEBI and statutory compliance while driving strategic growth through high-impact acquisitions and overseas expansion. Orchestrating investor relations, credit rating management, and stakeholder engagement, alongside leading the SAP S4 HANA implementation and key process alignment projects. Also holding dual roles as Head of HR and IT, while providing strategic mentorship to the supply chain team.