Western Digital
Location
Bangalore | India
Job description
The Working Capital Improvement Program Manage r is responsible for leading and managing projects aimed at optimizing the companys working capital. This includes improving processes related to accounts receivable, accounts payable , inventory management, and cash management to enhance liquidity, reduce costs, and improve operational efficiency.
The role involves strategic planning, cross-functional team leadership, and close collaboration with finance, sales, procurement, and operations departments.
Key Responsibilities:
1. Strategy Development and Implementation **: Develop and implement strategies to improve working capital efficiency, including reducing Days Sales Outstanding (DSO), lowering Days Payables Outstanding (DPO), and optimizing inventory levels.
2. Project Management* *: Lead cross-functional projects to identify areas for working capital optimization, including process improvements, technology implementation, and policy changes. Ensure projects are delivered on time, within budget, and achieve desired outcomes.
3. Analysis and Reporting **: Perform regular analysis of working capital performance metrics. Provide insights and actionable recommendations to senior management. Prepare and present reports on project progress and impact on working capital. 4.
4. Stakeholder Engagement **: Work closely with various departments such as sales, procurement, and operations to understand challenges and opportunities in working capital management. Foster collaboration and buy-in for working capital improvement initiatives.
5. Process Optimization **: Identify inefficiencies in current working capital processes and propose improvements. Implement best practices in accounts receivable, accounts payable, and inventory management.
6. Risk Management **: Assess and mitigate risks associated with working capital strategies and projects. Ensure compliance with internal controls and financial policies.
7. Training and Development **: Provide training and support to staff involved in working capital processes to ensure adherence to new policies and procedures.
8. Technology Integration**: Evaluate and implement technology solutions that support working capital optimization, such as automated invoicing systems, electronic payments, and inventory management tools.
Qualifications: -
Bachelor s degree in Finance, Accounting, Business Administration, or related field; MBA or professional certification (e.g., CPA, CMA) preferred.
Bachelor s degree in Finance, Accounting, Business Administration, or related field; MBA or professional certification (e.g., CPA, CMA) preferred.
Minimum years of experience : 9
Experience in supporting working capital management in
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