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Commercial Lead
2 weeks ago
Position: Commercial Lead
Location: Visakhapatnam (Plant Site)
Experience: 10+ years in a manufacturing company
Qualification: CA Qualified
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 ,
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 years
- Candidate should be adaptable / open for 6 days working
- Exp in Greenfield project is an added advantage