Udaan Intern

**Who are we?**
Myntra is India’s leading fashion and lifestyle platform, where technology meets creativity. As pioneers in fashion e-commerce, we’ve always believed in disrupting the ordinary.

We thrive on a shared passion for fashion, a drive to innovate to lead, and an environment that empowers each one of us to pave our own way. We’re bold in our thinking, agile in our execution, and collaborative in spirit.
Here, we create MAGIC by inspiring vibrant and joyous self-expression and expanding fashion possibilities for India, while staying true to what we believe in.

We believe in taking bold bets and changing the fashion landscape of India. We are a company that is constantly evolving into newer and better forms and we look for people who are ready to evolve with us.
From our humble beginnings as a customization company in 2007 to being technology and fashion pioneers today, Myntra is going places and we want you to take part in this journey with us.

Working at Myntra is challenging but fun - we are a young and dynamic team, firm believers in meritocracy, believe in equal opportunity, encourage intellectual curiosity and empower our teams with the right tools, space, and opportunities.

Role : Udaan Intern
- Business Finance

Location : Bengaluru

Type : Internship

Duration: 6 months

About Udaan

Udaan is Myntra’s initiative specifically designed to offer a career launchpad to people with disabilities. It is a six month paid internship that ensures a conducive environment facilitating a smooth transition to work. With structured on-boarding, customized learning and development programs, mentorship opportunities, on the job learning and best in class benefits, we aim to provide an environment that is supportive, so that you can thrive and build your career with us.

As a part of our commitment towards diversity and inclusion, through this program, we strive to create a culture where all can belong and bring their experiences and authentic selves to work every day. During your internship with us, you will get the opportunity to work with the best talent in the e-commerce industry and work on projects that match your interest, abilities and could lead to full-time employment with Myntra.

Roles & Responsibilities
- Working Capital Optimization: Collaborate with cross-functional teams to optimize working capital, ensuring efficient management of inventory, receivables, and payables.
- MIS Preparation: Prepare and deliver comprehensive Working Capital Management Information Systems (MIS) reports within established timelines, providing relevant insights to stakeholders.
- Dashboard Development: Design and maintain dashboards to monitor key metrics such as inventory health, inwards, STR%, Q2, and liquidation, highlighting variances against plans and Annual Operating Plans (AOP).
- Forecasting & Modeling: Conduct weekly and monthly working capital modeling, aggregating estimates from various sources.
- OTB Process Management: Centrally manage the Open-to-Buy (OTB) process in alignment with Business Finance (BizFin) and Inventory Planning & Control (IPC) teams.
- Variance Analysis: Track and analyze key performance indicators, identifying and communicating variances versus plans and AOP to relevant stakeholders
- MEC File Preparation: Ensure timely preparation and submission of MEC files related to inventory.
- Automation Initiatives: Drive automation projects in collaboration with data analysts to streamline processes and enhance efficiency.
- G&A MIS Preparation: Develop and maintain accurate and timely G&A Management Information Systems reports, providing insights into expense trends and variances.
- G&A AOP Development: Collaborate with department heads to prepare the Annual Operating Plan, ensuring alignment with strategic objectives and financial targets.
- Expenditure Approval: Review and approve G&A-related expenses, ensuring compliance with budgetary constraints and organizational policies.
- Provision Submission: Ensure the timely submission of provision inputs to relevant stakeholders, adhering to internal deadlines and reporting schedules.

Qualifications & Experience

Education: CA/ MBA ( in Finance)
- Experience: 1-2 years of experience in working capital management, financial analysis, or a related field.
- Technical Skills: Proficiency in Microsoft Excel (advanced functions), familiarity with data visualization tools, SQL.
- Analytical Abilities: Strong analytical skills with the ability to interpret complex data and provide actionable insights.
- Communication Skills: Excellent verbal and written communication skills, with the ability to present findings to senior management.
- Collaboration: Ability to work effectively in cross-functional teams and manage multiple priorities in a dynamic environment.