Department: Finance

Reports To: SVP - Finance

Location: Mumbai

Summary:

We are seeking a seasoned professional to join our growing finance team as a Senior Working Capital & Financial Operations Manager. This role will be responsible for overseeing the entire working capital lifecycle, including order-to-cash, procure-to-pay processes, banking operations, treasury functions, and inventory/fixed asset tracking & management. The ideal candidate will have a strong understanding of financial processes within a manufacturing environment and a proven track record of optimizing working capital efficiency.

Responsibilities:

• Working Capital Management:
  • Implement and manage strategies to optimize cash flow, minimize cycle times, and reduce borrowing needs across the order-to-cash and procure-to-pay cycles.
  • Develop and maintain working capital forecasts for accurate financial planning and budgeting.
  • Analyze and identify opportunities for cost savings and process improvements across the working capital lifecycle.
  • Oversee accounts payable and receivable functions, ensuring timely payments and collections.
• Banking & Treasury:
  • Manage all aspects of company banking relationships, including account maintenance, cash concentration, and disbursement activities.
  • Develop and implement treasury policies and procedures to manage financial risk and optimize returns on investments.
  • Monitor currency exchange rates and implement strategies to mitigate foreign exchange risk.
• Inventory & Fixed Asset Management:
  • Develop and maintain systems for effective inventory control and optimization.
  • Implement fixed asset tracking and depreciation schedules.
  • Conduct periodic inventory audits and reconciliations.
• Financial Reporting & Analysis:
  • Prepare and analyze financial reports related to working capital, banking, and treasury functions.
  • Provide insights and recommendations on financial performance to senior management.
• Project Management:
  • Manage and lead cross-functional projects to improve working capital efficiency and implement new financial initiatives.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field (CA/MBA preferred).
• 6-8 years of experience in working capital management, financial operations, or a similar role within a manufacturing environment.
• Demonstrated experience in implementing and optimizing working capital strategies.
• Strong understanding of order-to-cash, procure-to-pay, banking, and treasury processes.
• Proficiency in financial modeling, forecasting, and analysis.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
• Proven ability to manage and prioritize multiple tasks simultaneously in a fast-paced environment.
• Experience with relevant financial software (e.g., ERP systems) is a plus.