Commercial Officer

0 years

0 Lacs

Posted:5 days ago| Platform: Indeed logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Contract Management:

  • Assist in drafting, reviewing, and managing commercial contracts and agreements.
  • Maintain accurate records of contract timelines and milestones.

Payments Follow-up & Receivables Management:

  • Track outstanding payments and follow up with clients.
  • Assist in preparing and submitting invoices with supporting documents.
  • Coordinate with internal teams to resolve payment discrepancies.
  • Update payment status reports and aging analysis.

Government Liaison & Documentation Support:

  • Liaise with government finance departments for payment processing.
  • Prepare financial documents, including tax invoices and performance guarantees.
  • Ensure timely submission of paperwork as per contract terms.
  • Work with State Treasury Portals, Public Sector Bank Payment Mechanisms, and Letters of Credit (LCs).

Customer Relationship Management:

  • Communicate with clients to understand their needs and provide relevant support.
  • Ensure timely resolution of customer queries in collaboration with internal teams.

Financial and Administrative Support:

  • Assist in preparing reports and financial reconciliation.
  • Support invoicing, payments, and bank guarantee preparation.
  • Submit documents and handle reconciliation activities.
  • Travel to client locations within and outside Maharashtra as required.

Compliance & Risk Management:

  • Ensure adherence to commercial policies, procedures, and relevant regulations.
  • Identify potential risks in contracts and proposals and work with senior management to mitigate them.
  • Adhere to public sector financial regulations, GFR (General Financial Rules), GST, and TDS.

Coordination & Reporting:

  • Maintain a database of government payment portals (GeM, Ariba, CPPP) and track payments.
  • Generate reports on outstanding payments and escalate overdue cases.
  • Support senior team members in handling payment escalations.

Job Type: Full-time

Pay: ₹25,000.00 - ₹50,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person

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