Company Overview:

Arvind Fashions Ltd is the leading lifestyle company in India, offering the most comprehensive array of fashion brands in the country. Our proud heritage goes back to Arvind Ltd., India's most significant integrated textile player and one of the country's oldest & most respected groups in the Textile Business. Since our inception, we have built an unmatched bouquet of homegrown and global brands that straddle lifestyles, categories, and price points. Our brands retail in over 1300 standalone stores and 5000 departmental & multi-brand stores in more than 192 cities and towns across India. They are also available online on our proprietary e-commerce platform, NNNOW.COM, and other third-party online marketplaces. Arvind Fashions Limited has 5001-10000 employees.

Job Summary:

We are looking for a highly organized and detail-oriented Financial Operations Executive to oversee and manage the financial aspects of purchase order creation and invoice accounting using SAP software. The Financial Operations Executive will play a pivotal role in ensuring the accuracy and efficiency of financial processes and will be responsible for data management, budget evaluation, and reporting every week.

Key Responsibilities:

1. Purchase Order Management:

• Create and manage purchase orders using SAP or other relevant software.
• Ensure purchase orders are accurate and comply with company policies and budget constraints.
• Coordinate with the procurement team to track order status and resolve any discrepancies.

1. Invoice Accounting:

• Validate and process invoices through SAP, ensuring accuracy and adherence to company guidelines.
• Monitor and resolve any discrepancies or issues related to invoices.
• Collaborate with vendors and internal teams to resolve payment discrepancies.

1. Financial Data Management:

• Maintain an organized and easily accessible database of financial records, including purchase orders and invoices.
• Ensure that financial data is complete and up-to-date for reporting and auditing purposes.

1. Budget Evaluation:

• Assist in the development and monitoring of departmental budgets.
• Prepare regular reports on budget utilization and provide insights and recommendations for cost control.

1. Weekly Reporting:

• Prepare and present weekly reports on the department's financial spending to the Head of Projects.
• Highlight any variances, financial risks, or opportunities for improvement.

1. Compliance and Documentation:

• Ensure compliance with accounting and financial regulations.
• Maintain accurate and up-to-date documentation of financial transactions.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field. A master's degree is a plus.
• Proven experience in financial operations, purchase order management, and invoice accounting.
• Proficiency in SAP or other relevant financial software.
• Strong analytical and problem-solving skills.
• Excellent organizational and time management abilities.
• Attention to detail and accuracy.
• Strong communication and interpersonal skills.
• Ability to work effectively in a fast-paced and dynamic environment.
• Knowledge of relevant financial regulations and best practices.