Sr. Manager - Finance
Arvind Group · Gandhinagar · onsite · Posted 5d ago
Undisclosed2–4 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
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- You will join Arvind Limited Finance Accounts in Ahmedabad as Sr. Manager, Grade M2, with 2-4 years of experience, supporting financial planning, analysis, and control for the business.
- The role focuses on budgeting, forecasting, MIS, product costing, margin analysis, working capital, capex evaluation, and month-end control.
- You will work closely with finance and cross-functional stakeholders to improve decision support, strengthen cost visibility, and ensure timely and reliable financial reporting.
- This is an individual contributor role that requires independent ownership, sound judgment, and disciplined execution across planning cycles and monthly performance reviews.
Key Responsibilities
- Build the annual operating plan and rolling forecasts covering volumes by count, realisation, cotton cost, conversion cost, and EBITDA.
- Publish monthly MIS with actual vs budget vs last year, and explain variances in clear, plain terms.
- Bridge EBITDA movements into price, cotton/raw material, volume, mix, power, and other cost drivers.
- Own count-wise and customer-wise costing, including raw material cost per kg of yarn, conversion cost per kg, and contribution per kg and per spindle-shift.
- Track yield and waste, including comber noil, soft waste, and hard waste, and assess their cost impact and realisation value.
- Maintain standard costs and review them against actuals each month.
- Monitor operating KPIs with plant teams, including spindle utilisation, production per spindle, units per kg, labour per kg, and stores consumption.
- Run cost-reduction projects across power, maintenance spares, and packing, and track savings achieved.
- Conduct regular plant visits and physical stock reviews.
- Manage inventory days across cotton, WIP, and yarn, along with debtor days and creditor terms.
- Prepare cash-flow forecasts aligned to cotton season buying.
- Drive collections and credit-limit reviews with sales.
- Evaluate capex proposals for modernisation, automation, new spindles, and renewable power using IRR, payback, and NPV.
- Track capex spend and post-investment benefits.
- Support evaluation of government incentives such as state textile policies, PLI, and interest subvention, including their accounting treatment.
- Ensure accurate month-end closing, provisions, and inventory valuation as per Ind AS.
- Support statutory, internal, and cost audits, and coordinate with GST and export incentive teams, including RoDTEP and duty drawback.
- Improve SAP/ERP costing setup, dashboards, and automation of reports.
Must-Have Skills
- Budgeting and forecasting
- MIS reporting
- Variance analysis
- Product costing
- Margin analysis
- Working capital management
- Cash-flow forecasting
- Capex evaluation
- Ind AS knowledge
- SAP/ERP costing and reporting
- Audit coordination
- Business partnering
Nice-to-Have Skills
- Scenario analysis
- Cost-reduction project tracking
- Plant performance monitoring
- Inventory review and control
- Government incentive accounting
- Dashboard automation
- Advanced Excel modelling
What We Offer
- Comprehensive Health Wellness Benefits
- Learning, Certifications Career Growth Opportunities
- Inclusive Collaborative Work Culture
- Employee Discounts and Corporate Travel Benefits
- Internal Growth Cross-Functional Mobility
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
AutomationCostingExportAdvanced ExcelBuyingauditsDashboardaudit coordinationBusiness PartneringDigital SolutionsBudgeting And ForecastingERPFinancial ReportingBudgetingFinancial PlanningAccountingfinanceArtificial Intelligence
About Arvind Group
Arvind Group
Fashion & Textile
25.8k+
employees
1931
95 years old
Ahmedabad, Gujarat
India
₹7.5L PA avg
Avg at Arvind Group
About
This diverse conglomerate operates in fashion, water management, and engineering, focusing on social impact alongside its manufacturing capabilities.
Industries
Fashion & TextileRetail
Employee ratings
10 reviews
4.0/ 5
Culture
3.4
Career growth
3.2
Work-life
3.3
Employees rate it well for
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