Commercial Manager

4 days ago

Greater Kolkata Area, India SRMB Steel Full time US$ 90,000 - US$ 1,20,000 per year

Key Responsibilities

* Strategic Oversight and Process Management:

* Develop and implement commercial bills payable policies and procedures to enhance efficiency, accuracy, and compliance.

* Oversee the end-to-end commercial bills payable process, from invoice receipt and verification to payment processing.

* Identify and implement process improvements and technology solutions to streamline workflows and reduce manual tasks.

* Ensure proper internal controls are in place to prevent fraud and errors.

* Team Leadership and Development:

* Lead, mentor, and manage a team of commercial bills payable specialists and clerks.

* Assign tasks, monitor performance, and provide ongoing training and professional development.

* Foster a collaborative and high-performance culture within the team.

* Financial Reporting and Analysis:

* Manage and reconcile the commercial bills payable ledger, ensuring it is accurate and up-to-date.

* Prepare and analyze key financial reports, including aging reports, cash flow forecasts, and expense analysis.

* Provide insights to senior management on payment trends, vendor performance, and potential cost-saving opportunities.

* Assist with month-end and year-end closing activities and external audits.

* Vendor and Stakeholder Management:

* Build and maintain strong, strategic relationships with key commercial vendors and suppliers.

* Act as the primary point of contact for complex payment inquiries and disputes, and negotiate payment terms when necessary.

* Collaborate with procurement and other internal departments to ensure a smooth and efficient purchasing-to-payment cycle.

* Compliance and Risk Management:

* Ensure all commercial bills payable activities comply with internal controls, accounting standards (e.g., GAAP), and relevant government regulations (e.g., tax requirements, IRS regulations).

* Manage the documentation and record-keeping for all commercial transactions to support internal and external audits.

* Monitor for potential risks and implement measures to mitigate them.

Qualifications and Skills

* Experience:

* Extensive experience (e.g., years) in a senior-level accounts payable or financial management role, with a focus on commercial bills.

* Proven track record of managing a team and implementing process improvements.

* In-depth knowledge of accounting software, ERP systems (e.g., SAP, ANY), and financial reporting tools.

* Education:

* A bachelor's degree in accounting, finance, or a related field is required.

* A professional certification (e.g., MBA, MCA) is highly desirable.

* Skills:

* Strong leadership and team-building abilities.

* Exceptional analytical, problem-solving, and decision-making skills.

* Excellent communication and interpersonal skills, with the ability to build rapport with vendors and internal stakeholders.

* Meticulous attention to detail and a high degree of accuracy.

* Proficiency in financial analysis and reporting.

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