Working Capital -Operations

Job Description Working Capital Operations

Location-Mumbai

Position

Working Capital – Operations

Job Purpose

Responsible for managing and optimizing day-to-day working capital operations, ensuring efficient management of receivables, payables, inventory, cash flows, and related operational processes. The role focuses on improving liquidity, reducing working capital cycle time, and ensuring timely and accurate execution of transactions.

Key Responsibilities

• Monitor and manage Accounts Receivable, Accounts Payable, Inventory, and Cash Conversion Cycle.
• Track daily/weekly working capital positions and identify gaps or opportunities for improvement.
• Coordinate with Finance, Sales, Procurement, Supply Chain, Treasury, and Operations teams to improve working capital efficiency.
• Monitor customer collections, outstanding receivables, overdue payments, and ageing.
• Follow up on payment commitments and support resolution of collection-related issues.
• Coordinate with procurement and vendors to ensure timely and accurate payments while optimizing payment terms.
• Monitor inventory levels, slow-moving/non-moving inventory, and working capital blocked in stock.
• Prepare and maintain working capital MIS, dashboards, ageing reports, and management reports.
• Analyze key metrics such as DSO, DPO, Inventory Days, Cash Conversion Cycle, and Net Working Capital.
• Identify process gaps and implement initiatives to reduce cash blockage and improve operational efficiency.
• Ensure accurate reconciliation of customer/vendor accounts and timely resolution of discrepancies.
• Support cash-flow forecasting and provide inputs for short-term liquidity planning.
• Ensure compliance with company policies, financial controls, and applicable accounting procedures.
• Participate in process improvement, automation, and working capital optimization projects.

Key Performance Indicators (KPIs)

• Reduction in DSO / receivable ageing
• Improvement in DPO and vendor payment efficiency
• Reduction in inventory holding days
• Improvement in Cash Conversion Cycle
• Reduction in overdue receivables
• Accuracy and timeliness of working capital MIS
• Improvement in cash-flow forecasting accuracy
• Reduction in reconciliation and process-related issues

Required Qualifications

• Bachelor’s degree in Commerce, Finance, Accounting, Business Administration, or related field.
• CA / CMA / MBA Finance or equivalent qualification is an advantage.
• Strong knowledge of working capital management, accounting, receivables, payables, and cash-flow concepts.
• Good working knowledge of MS Excel; experience with ERP systems such as SAP/Oracle is preferred.
• Strong analytical, reconciliation, communication, and problem-solving skills.

Experience

2–6 years of experience in working capital, finance operations, accounts receivable/payable, treasury operations, or a related finance function.

Preferred Skills

• Working Capital Management
• Accounts Receivable & Collections
• Accounts Payable & Vendor Management
• Cash Flow Management
• MIS & Financial Analysis
• Advanced Excel
• ERP/SAP
• Process Improvement
• Stakeholder Management
• Data Analysis and ReportingRole & responsibilities

Preferred candidate profile