Senior Manager- Cost Management and Accounting

Job Summary


Responsibilities

• 1. Business Context
  • Inventory-Heavy Business Model: Manage a business model with a 4-6 month inventory cycle and significant inventory holding requirements.
  • Working Capital: Manage high working capital deployment associated with inventory procurement, storage, and operations.
  • Offtake Dependency: Manage financial exposure and planning linked to offtake dependency on large buyers.
  • Multi-Location Operations: Monitor financial performance across multiple locations and identify potential cost leakages.
• 2. Key Responsibilities
  • Profitability Analysis: Build and maintain /MT profitability models to track margins across products and locations.
  • Biomass Bank P&L: Own and monitor Biomass Bank-level Profit & Loss statements and financial performance.
  • Working Capital Analysis: Analyse working capital costs and identify opportunities to improve capital efficiency.
  • Inventory Management: Track inventory ageing, inventory accuracy, losses, and associated financial impact.
  • Cost Optimization: Work closely with operations teams to identify and drive cost optimization initiatives.
  • MIS & Dashboards: Develop and deliver accurate MIS reports, financial dashboards, and business performance insights.
• 3. Key Deliverables
  • /MT Profitability Dashboard: Develop a dashboard to monitor product- and location-level profitability on a per-metric-ton basis.
  • Location-Wise P&L: Prepare and maintain location-wise P&L statements and profitability analysis.
  • Inventory Carrying Cost Analysis: Analyse inventory holding and carrying costs and identify optimization opportunities.
  • Working Capital Model: Develop and maintain a working capital model to monitor capital deployment and efficiency.
  • Cost Reduction Roadmap: Develop and track a structured roadmap for cost reduction and profitability improvement.
• 4. Candidate Profile
  • Qualification: CMA qualified.
  • Experience: 3-7 years of relevant experience in finance, business analysis, commercial operations, or related functions.
  • Financial Modelling: Strong proficiency in Excel and financial modelling.
  • Industry Experience: Experience in logistics, commodity businesses, supply chain, or inventory-intensive businesses is preferred.
• 5. Key Performance Indicators (KPIs)
  • /MT Margin Improvement: Improvement in profitability and contribution margin per metric ton.
  • Cost Reduction: Achievement of identified cost reduction and optimization targets.
  • Inventory Accuracy: Accuracy of physical and system-recorded inventory.
  • Working Capital Efficiency: Improved utilization and efficiency of working capital.
  • MIS Quality: Accuracy, timeliness, completeness, and usefulness of MIS reports and dashboards.
• 6. Why This Role Is Critical
  • Profitability Impact: Directly contributes to improving business profitability and /MT margins.
  • Working Capital Optimization: Plays a critical role in optimizing working capital deployment and reducing carrying costs.
  • Financial Visibility: Provides accurate financial insights and performance visibility across Biomass Banks and business locations.
  • Lender Confidence: Supports financial discipline, transparency, and reporting quality, contributing to lender confidence.

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