Commercial Officer

Kandivali East Mumbai 400101 Maharashtra- Job posted on- Location**Kandivali**
- Functional**N/A**
- Department**Accounts And Finance**
- Designation**Manager
- Commercial**
- Entity**Spiritus Payments Pvt Ltd**
- Business Unit**N/A**
- Openings Valid Till**Company Description**:

- Evolute group is a leading Indian ESDM (Electronics System Design & Manufacturing) & diverse multi-business conglomerate spread across trading, electronics product design & marketing across verticals like - Payment -Fintech, cleantech-energy storage and industrial electronics, software solutions. Our expertise in embedded engineering & power electronics, indigenous design & development capabilities and market presence in 20+ countries has helped us carve a niche in the under developed and developing geographic markets.- The list of customers is a testimony to its ability to combine product reliability, performance and competitive pricing with a strong customer centricity, Enabled with extensive design & development expertise and leading
- edge technologies, Evolute group aspires to achieve 50 % + CAGR growth in no of esteemed customers, empowered employees, top line revenue, profits for all in next 5 years which includes top line revenue of 1000Cr.***

**Industry**:Technology and Electronic Manufacturing (SMB)

**Location**:Mumbai

**Reports to**:Chief Financial Officer (CFO) or Managing Director (MD), depending on company size and structure.

**Collaborates With**: Operations, Finance, Sales, and Supply Chain teams.

**About Evolute group -**

Evolute Group, a leading Indian technology conglomerate, spans Fintech, payments, Identity management, Cleantech, Energy storage, electronic manufacturing, Software Solutions, and Industrial Electronics. With a mission to Tech powering the world®, our indigenous solutions empower individuals in the remotest corners of the globe. Our journey, from the humble lanes of Old Bombay to becoming one of the fastest-growing Indian companies in the last five decades, reflects a remarkable evolution. As a proud Make in India company, we embody the Indian entrepreneurial dream of emerging as a technology giant. Our daily drive stems from empowering people through technology, especially those lacking access to necessities. We strive to provide equal opportunities for individuals to shape their destinies, with technology as a key enabler. This unwavering spirit propels us to take bold steps in forward integration and explore innovative business models**.**

**Job Summary**:
**Key Job Responsibilities**:

- **Financial Analysis and Control**:

- Conduct variance analysis for inventory, receivables, and payables.
- Monitor and control costs by identifying inefficiencies and implementing corrective actions.
- Perform pricing strategy development and costing for products and services to ensure competitiveness and profitability.
- **Cost Optimization**:

- Develop and implement cost-reduction initiatives across products, services, and internal overheads.
- Conduct regular reviews of operational costs and identify opportunities for savings.
- **Commercial Strategy Development**:

- Drive growth, profitability, and sustainability by devising and implementing comprehensive commercial strategies.
- Perform market research to understand trends, competition, and customer requirements.
- Collaborate with internal stakeholders to align business objectives with commercial strategies.
- **Risk Management and Legal Compliance**:

- Identify, assess, and mitigate financial and operational risks.
- Ensure compliance with applicable laws, regulations, and corporate policies.
- Manage and negotiate smart, favorable contracts with vendors and customers.
- **Strategic Insights**:

- Provide actionable insights and recommendations to the management team to support critical decision-making.
- Prepare detailed reports and presentations on financial performance, market trends, and strategic opportunities.

**You will earn brownie points if**:

- Excellent communication and stakeholder management skills.
- Strong analytical and problem-solving abilities.
- Negotiation and influencing skills for contracts and stakeholder alignment.
- **CTC**:?12 - ?18 lakhs per annum (depending on experience and qualifications).
- **Additional Benefits**:

- Performance-based bonuses.
- Professional development opportunities.
- Health and wellness benefits.

**Qualifications**:

- Bachelor’s degree in Commerce, Finance, Accounting, or related fields.
- MBA in Finance, Operations, or Strategy (preferred).
- CA/ICWA or equivalent professional certifications (preferred but not mandatory).
- 5-8 years of experience in commercial management, preferably in technology or manufacturing sectors.
- Strong background in financial planning, variance analysis, and cost optimization.
- Hands-on experience in pricing strategy, contract negotiation, and risk management.
- Proficient in financial modeling, ERP systems, and advanced Excel.
- Knowledge of invent