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5.0 - 8.0 years
20 - 30 Lacs
Ahmedabad
Work from Office
Responsibilities: Control on New working capital across all the business of Arvind Advanced Materials. Consolidation of Net Working Capital (Accounts Receivable, Inventory, Accounts Payable) for each month and compare with Budget to report the variances. Strict monitoring Accounts receivable, timely collection of AR, set the collection targets at the month start, have a robust customer follow up process working with Key Account Managers. Set the right level of customer credit limit in coordination with Business Heads. Working with Insurance Team and Legal Team on any customer litigation and claim lodge for non-payment of AR invoices. Work with Business Team to set Inventory levels (min, max and re-order) and help in the optimum buying of input materials so as to avoid over stocking of inventory. Review various policies on Revenue, AR, Inventory, payables, advances etc to make necessary provisions for doubtful debts and SLOB inventory. Take lead in the automation and digitalization of various Finance dashboards, Finance MIS, Operational metrics like production, yield, overtime, absenteeism etc using SAP and MS Power BI. Monitor Cost saving programs with newer ideas/ monitor various cost saving programs identified like Wages, overtime, R&M, Sales and marketing and general Admin cost. Monitor Budget Vs actual spends and report key variances. Review of fulfilment of export obligations under Advance authorization & EPCG and work on related compliances. Oversee legal entity level PL, Balance sheet, interact with Auditors ( Internal and Statutory) on resolving key issues, Transfer pricing on intercompany transactions and reconciliation of intercompany transactions and balances. Preferred Candidates with: Working Exposure of SAP. Experience of SAP Development, S4 Hana, Power Bi will be added advantage. Effective Communication & Interpersonal Abilities Experience in Manufacturing Industry is must and experience with Garment/Apparel Industry will be preferred.
Posted 1 week ago
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