Senior Associate, Working Capital, PI - Global Capability Center

Alvarez & Marsal; Gurugram District; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Alvarez & Marsal in India seeks a senior associate for its working capital team. You will drive performance improvement and finance transformation initiatives across balance sheet, cash management, and ERP implementations.

The role demands 3-8 years of experience in finance transformation, preferably in an MNC or Big 4, with ability to build control reports, identify automation opportunities, and collaborate with stakeholders.

Qualifications

• MBA or master's degree in a related field.
• 3–8 years of experience in finance transformation and consulting.
• Strong analytical and problem solving skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple projects and deadlines.
• Detail-oriented with strong organizational skills.

Responsibilities

• Drive working capital improvements and finance transformation initiatives across balance sheet, cash management and ERP projects.
• Identify automation opportunities (RPA/GenAI) in finance processes.
• Support month-end closings and balance sheet substantiation tasks.
• Develop KPIs for the finance function and improve reporting.
• Assist in ERP implementation or optimization projects.
• Collaborate with cross-functional teams and client stakeholders.

Skills

Financial analysis

ERP experience

Process redesign

Controls testing

Balance sheet reconciliation

Automation opportunities

Month-end closure

Communication skills

Problem solving

Teamwork

Education

MBA / Masters in related field

Tools

ERP systems

RPA tools

GenAI

Automation software

Job description

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity - are why our people love working at A&M.

The Team

Our Performance Improvement team provides Business Transformation and Performance Improvement Services to Corporates, Investors, and their portfolio companies, delivering –

• Performance improvement via cost reduction and revenue growth programmes
• Large, complex organizational restructuring and business transformation
• Rapid Results Program, which helps to quickly and effectively assess business process management risks and identify key areas impeding performance

How you will contribute

We are looking for a senior associate to join our working capital team. Considering the pace of targeted growth, we are keen to find a person who is entrepreneurial, driven by a passion to drive significant growth, is comfortable with ambiguity, will roll up the sleeves and be hands on to get things done and can be independent requiring limited cover.

• 3- 8 years of experience in MNC Corporate finance function of an MNC OR Big 4 (Finance transformation / CFO services) with detailed exposure to process and GL controls, Month end process , Balance sheet substantiation and reporting, ERP
• In depth exposure to processes, controls and reengineering to make the process more efficient. Identifying the gaps and providing solutions (including tech/digital solutions) to plug control gaps. Building control reports to ensure GL integrity and setting up controls in ERP etc. for transaction processing such as O2C: Order to cash; P2P: procure to pay; A2R: Acquire to retire (Fixed Asset); Inventory; R2R: Record to report
• Identifying automation opportunities for transaction processing system (O2C,P2P,A2R, R2R etc.) like Robotic Process Automation (RPA), leveraging (Gen)AI, building bots etc.
• Exposure to Month end closure process: Closure of AP, AR, GL , Fx runs , preparing P&L Balance sheet etc. Defending audits
• Strengthening the finance function including setting up KPIs for the finance function
• Detailed experience in Balance sheet substantiation (Preparation of balance sheet schedules), audit schedule etc.
• Treasury: Cash and liquidity reporting: preparation and maintaining cash flow, Banking, Debt reporting (coverage ratio, maturity schedule) etc., Bank reconciliation, Support bank negotiations, covenants reporting, tracking and payout models to enable client gauge and manage liquidity including Bank liaison
• Exposure to 13-week cash flow modelling and daily cash flow management
• ERP: Exposure to working on an ERP and its modules. Experience in implementing atleast one ERP (Accounting software) either through overall project management or working on functional specifications. Help in ERP identification or identification of various software package where one single ERP is not available
• Exposure to IndAS / IFRS would be an added advantage
• M&A: Exposure: Exposure to acquisition or Carve out (Especially cut off balance sheet etc, shift of processes etc)

Qualifications

• MBA/Masters degree in related field
• Minimum of 3- 8 years of experience in finance transformation and who have consulting experience
• Strong analytical and problem solving skills
• Excellent communication and interpersonal skills
• Ability to simultaneously work on several projects and effectively manage deadlines
• High motivation to learn and grow
• Detail-oriented and possess strong organizational skills to excel in a deadline-driven environment

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career. We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.