About Company

Company Overview

Lico Materials Private Limited www.licomat.com, established in October 2021 and headquartered in Mumbai, India, specializes in the recycling and repurposing of end-of-life lithium-ion batteries. We not only focus on recovering critical materials like lithium, cobalt, manganese, and nickel but also emphasize giving these batteries a 2nd life for applications such as energy storage systems. With a commitment to fostering a sustainable circular economy, Lico aims to minimize battery waste while supporting India's transition to clean energy through innovative recycling technologies and partnerships.

- Job Title: Manager- Working Capital
- Location: Mumbai, India
- Roles & Responsibilities

- Develop and implement strategies to optimize the company's working capital. Manage the balance between receivables, payables, and inventory to ensure optimal liquidity.
- Monitor and forecast cash flow requirements. Ensure the company has sufficient liquidity to meet its operational and strategic needs.
- Oversee the accounts receivable function to ensure timely collection of outstanding invoices. Implement credit policies and procedures to minimize bad debts.
- Manage the accounts payable function to optimize payment terms and cash outflows. Negotiate favorable terms with suppliers and vendors.
- Collaborate with the supply chain and production teams to optimize inventory levels. Implement strategies to reduce inventory holding costs without compromising production needs.
- Conduct detailed financial analysis to identify trends, variances, and opportunities for improving working capital efficiency. Provide insights and recommendations to senior management.
- Develop and maintain robust internal controls related to working capital management. Ensure adherence to company policies and procedures.
- Prepare and present working capital reports and metrics to senior management.



Provide actionable insights and recommendations based on financial analysis.
- Identify and mitigate risks related to working capital management. Develop and implement strategies to manage financial risks effectively.
- Lead, mentor, and develop a team of finance professionals. Foster a culture of excellence, collaboration, and continuous improvement.
- Identify and implement process improvements to enhance the efficiency and accuracy of working capital management activities.
- Communicate working capital strategies, risks, and opportunities to senior management and other stakeholders.
- Qualifications

- Bachelors degree in finance, Accounting, Business Administration, or a related field.

Minimum of 10 years of experience in finance and accounting, with at least 5 years in a senior role focusing on working capital management, preferably within the chemical manufacturing industry.

Desired

- MBA or equivalent advanced degree preferred.
- Qualified certification such as CPA or CMA is highly desirable.
- Skills

- Strong understanding of working capital management, cash flow forecasting, and financial analysis.
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle).
- Advanced knowledge of Microsoft Office Suite, particularly Excel.
- Excellent analytical and strategic thinking abilities.
- Strong organizational and time management skills.

- Why Join Us?

Be part of an cutting-edge company that is pioneering the future of battery refurbishing and repurposing in energy storage at the global stage

LICO Materials Pvt Ltd
Shalini Mayank

[email protected]

Upadrastha House,

2nd & 3rd Floor, 48, Dr. V. B. Gandhi Marg,

Fort, Mumbai Maharashtra 400023

+91 (phone hidden)

www.licomat.com

Role: OtherIndustry Type: Petrochemical / Plastics / RubberDepartment: OtherEmployment Type: Full Time, PermanentRole Category: OtherEducationUG: Any Graduate

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