Head - Working Capital Management - Logistics Industry - CA

Background to the client and role:

Our client is a leading name in the Logistics and Transportation space backed by a well known Indian business house. Reporting to the Finance Controller, the role optimizes working capital through effective cash flow forecasting, management, and utilization of available funding to enhance efficiency, accuracy, and scalability.

Responsibilities:

- Prepare and monitor current and projected cash flows across companies to ensure adequate availability of cash

- Prepare and monitor current and projected Net Current assets

- Conduct detailed analysis of working capital components and identify opportunities for improvement.

- Regularly monitoring fund balance in bank account and ensure that excess funds are adequately invested

- Implement SOPs and processes to ensure timely collection of receivables and vendor payments

- Ensure and monitor utilisation of non-fund based limits where required

- Be attentive of future operating, renewals and EMI payments and factor adequately in the cash flows

- Assists in Implementation of SAP and Policies (Credit and Treasury)

- Implementation of robust stock verification procedures and record keeping

- Prepare regular reports and presentations on working capital performance for senior management.

- Identify and implement process improvements to streamline working capital processes.

- Provide guidance and support to regional finance teams on working capital-related matters.

Education & Experience :

- Qualified Chartered Accountant (CA) with 10 to 12 years overall experience and 8 years in Work Capital Management