Financial Analyst

Job Purpose & Overview

Job Context & Major Challenges

• To monitor the quality-based production and profitability of linen yarn on a day-to-day basis. Key Result Areas
  

🎯 Key Responsibilities

• Financial Reporting & Analysis
• Prepare monthly P&L statements for Wool Combing operations.
• Conduct detailed variance analysis against Budget (P&B) and prior month performance.
• Develop customer-wise and micron-wise P&L reports to assess profitability.
• Separate analysis of captive, job vs. market profitability to guide strategic decisions.
• Working Capital & Cash Flow Management
• Analyze Net Working Capital (NWC) and Gross Working Capital (GWC) trends.
• Provide insights on aged inventory and debtors to cross-functional teams.
• Recommend strategies to optimize and lower GWC without impacting operations.
• Strategic Planning & Value Drivers
• Identify and track key value drivers for Wool Combing operations.
• Prepare Monthly Performance Reports (MPR) with actionable insights for management.
• Support preparation of annual Plans & Budgets (P&B) for the division.
• Compliance & Statutory Reporting
• Ensure timely and accurate filing of textile returns to the Ministry of Textiles.
• Maintain compliance with industry-specific reporting requirements.