Arvind Advanced Materials Limited (AAML)

Role & responsibilities Budgeting, Forecasting & variance analysis. Lead the annual activity of Business /Operations Budgeting exercise for the Units under control with zero based Budget approach. Monthly variance analysis of actual against the budget & forecast (Revenue, contribution margin and each line of Factory overheads, efficiency, rejection, capacity utilization etc). Continuously review and update the Sales Order Costing/ Product Costing for quote submission. Continuously monitor inventory levels, set Inventory levels based on demand planning and work on liquidation of SLOB inventory. Reconciliation of production and inventory at job workers location. Manage Working capital with quantifying ideal requirement & projections along with disposal of in-efficient inventory & required controls on leading factors like inventory Turns, numbers of days etc. Monitor and report daily production plan Vs actual, daily production efficiency, OTIF, wastage, rejection etc. Set targeted wage and overtime cost at the start of a month based on the planned production of the month. Continuously monitor actual cost to ensure costs are within target. Monitor monthly input material Vs output and report any negative variances to Management. Capex project justification and Opex control Month end book close activities, Internal and external Audit requirements and statutory compliance management. Automation and digitalization of various Finance/ Operational reports Preferred candidate profile Bachelor of Commerce and Chartered Accountant (CA) Working Exposure of SAP. Experience of SAP Development, S4 Hana, Power Bi will be added advantage. Effective Communication & Interpersonal Abilities Experience in Garment/Apparel Industry will be preferred.