Commercial Lead

Job Description

Position: Commercial Lead Location: Visakhapatnam (Plant Site) Experience: 10+ years in a manufacturing company Qualification: CA / ICWA Reporting to: CFO / Directors Team Size: Will be added as per need Working Days: 6 Days a Week Travel Requirement: • Ready to travel and stay at the HO in Delhi as per need , Language Proficiency: English, Telegu & Hindi About the role: Candidate will directly report to the directors of the company and liaising with Govt. Dept. (taxation) and manage the cost controlling at plant. Responsibilities: Hands-on in using COPA reports in SAP S4 HANA or SAP ECC 6.0 To evaluate / monitor all expenses / contracts done at the plant levels and devise ways how to reduce expenses Support the CFO to file all tax returns on time Highlight & prepare the action plan for any data points where company is having higher expenses than the benchmarks Liaoning with taxation for different reasons as per requirements Expert at doing costing in a manufacturing company Deep knowledge of budgeting is must Analytical mind-set, data driven decision making approach Getting internal and external audits conducted frequently KRA & KPI KRA (Key Responsibility Areas) KPI (Key Performance Indicators) Measurement Criteria Target/Expectation Plant Accounting & Financial Management Accuracy & Timeliness of Financial Reports Monthly closing and reconciliation timeline 100% on-time closure of financial reports Budget Preparation & Adherence Budget Planning & Variance Control Deviation from approved budget Highlight variance within 5% of the budget Costing & Cost Control Implementation of Cost Reduction Strategies Percentage reduction in operational costs Achieve a minimum of 2-5% cost savings YoY Government Liaison & Compliance Timely Submission of Regulatory Filings Number of delays in filings 100% compliance with statutory deadlines Audit & Internal Control Successful getting Internal & External Audits done Number of audit observations Zero major audit non-compliances Vendor & Contract Management Cost-Effective Procurement & Contract Negotiation Savings achieved in vendor contracts At least 2-5% savings in contract negotiations Inventory & Working Capital Optimization Monitoring & Controlling Inventory Costs Days of Inventory Outstanding (DIO) Reduce DIO to industry benchmark levels Taxation & Statutory Compliance Accurate Tax Filings & Compliance Adherence to GST, Income Tax, and other levies Zero penalties or non-compliances KRA (Key Responsibility Areas) KPI (Key Performance Indicators) Measurement Criteria Target/Expectation MIS & Data Reporting Regular & Insightful MIS Reporting Report accuracy & delivery timelines 100% timely & accurate reports submission Cross-Functional Coordination Effective Coordination with Operations & Finance Teams Improvement in process efficiency Seamless communication & execution of financial controls --- Candidate requirements: Should have the minimum experience of 10+ years in a manufacturing company Should have stability (3-4 years) for longer association with the company Personal attributes should be sharp, having good decision-making skills and self-driven Age 35 50 years Candidate should be adaptable / open for 6 days working Exp in Greenfield project is an added advantage