Working Capital Professional: Financial Management Expert
2 weeks ago
We encourage applications from women candidates and individuals from diverse backgrounds, as we are committed to fostering an inclusive work environment. Sterlite Power believes that gender diversity brings valuable perspectives and enhances the success of our teams.
Job Title: Working Capital Manager
Estimated Salary: ₹ 12,00,000 - ₹ 18,00,000 per annum (dependent on experience)
Job Description:
Sterlite Power is seeking a skilled Working Capital Manager to join our team. As a key member of our finance department, you will be responsible for managing working capital and cash flow, identifying opportunities for improvement, and implementing effective solutions.
Key Responsibilities:
- Develop and implement strategies to optimize working capital, including raising funds, managing banking limits, and structuring financing arrangements.
- Collaborate with banks and financial institutions to negotiate better terms and conditions for funding.
- Analyze financial data and develop models to identify areas for cost reduction and process improvements.
- Build and maintain strong relationships with internal stakeholders, including operations, sales, and marketing teams.
- Provide guidance and support to junior team members, ensuring they have the necessary skills and knowledge to perform their roles effectively.
- Stay up-to-date with industry trends and best practices in working capital management, applying this knowledge to drive business growth and improve financial performance.
Requirements:
- Strong knowledge of working capital management, including short-term and long-term funding options, banking limits, and trade finance.
- Proven experience in handling large banking consortia and structuring complex financing arrangements.
- Excellent communication and interpersonal skills, with the ability to build strong relationships with stakeholders at all levels.
- Strong analytical and problem-solving skills, with the ability to analyze complex financial data and develop effective solutions.
- Ability to work under pressure and meet deadlines, with a focus on delivering high-quality results in a fast-paced environment.
- Bachelor's degree in Finance, Accounting, or a related field.
Preferred Qualifications:
- Experience in leading small teams and mentoring junior colleagues.
- Knowledge of EPC and Power sector projects.
- Experience with TRM/SAP systems.
What We Offer:
- A competitive salary package, including a base salary and performance bonuses.
- Ongoing training and development opportunities to enhance your skills and knowledge.
- A dynamic and supportive work environment, with opportunities to work on challenging projects and collaborate with experienced professionals.
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