AVP/DVP - Finance & Accounts - Manufacturing Firm

AVP/DVP - Finance & Accounts

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.