Commercial Executive

Executive - Commercial

About Business:

Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O&M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.

Job Purpose: This position is responsible for providing exceptional service to customers, addressing inquiries, resolving issues, and ensuring a positive customer experience.

Accounting Executive

Financial Accounting and Control

• Maintain clear and organized ledgers, ensuring accurate and up-to-date financial records
• Set up provisions and maintain financial book hygiene to align with accounting standards and regulations
• Monitor and manage the ageing of cargo inventory to optimize inventory control and ensure timely actions
• Process refunds and manage short closures in accordance with contractual agreements
• Maintain Delivery Orders (DOs), books, credit and debit notes
• Implement strategies to effectively manage debtors, minimize outstanding receivables, and ensure financial stability
• Monitor and control financial exposure related to mark-to-market (M2M) activities, mitigating risks Addressing and manage items noted in Letters of Credit (LCs) to maintain compliance with LC terms by creating Usance LC Debit Note, Creating Stamp Duty Debit Note and also maintain records of LC Noted item.
• Accurately account for quality-related penalty premiums in financial records
• Calculate and manage interest charges, plot rent, and financial adjustments, adhering to contractual terms

Customer Query Handling and Financial Reconciliation

• Respond promptly and accurately to customer queries related to financial transactions, ensuring customer satisfaction and clarity.
• Providing invoices, proforma invoices, ledger to the customer as per needs.
• Preparing and validating the data on Income tax Portal of Form 27 C for the customer who are end users.
• Perform regular sales reconciliation to verify the accuracy of financial records, identifying and resolving discrepancies
• Process debit and credit notes associated with sales transactions to maintain complete and accurate financial documentation
• Track records received from external sources and input them into the IRM (Information Resource Management) system
• Prepare and manage PIS (Packed in slip) records
• Manage delivery orders, financial books, debit, and credit notes
• Process ledger entries such as LC (Letter of Credit) clearing
• Manage port reconciliations, provisions, and entries

Activities Related to Purchase of Cargo

• Booking of Trading Contract related to purchase of cargo in SAP.
• Creation of Purchase Order.
• Creation of STO post receipt of Out of Charge of cargo.
• Creation of MIGO post STO.
• Booking of Vendor Purchase Order in the System

Digitization and Automation

• Support comprehensive digitization strategies to optimize operational efficiency.
• Innovate and implement automation solutions to support overall organizational goals / strategy.

Key Stakeholders Internal:

• Finance and accounting
• Marketing
• Operations

Key Stakeholders External:

• Customers
• Suppliers/ Vendors

Education Qualification:

• Graduation (Finance and Accounts)

Work Experience (Range of years):

• 3-5 Years of experience

Preferred Industry

• Coal Trading, Commodity Trading.
• Experience from any Manufacturing Industries

The road to empowerment is the one that guards a country's stride onwards, keeping every hurdle that poses a threat to the constant pace of progress at bay. Yet another milestone in our growth story, is the business of Natural Resources. The scale of our business assures a steady availability of coal, extracted in the most responsible ways, which promises constant supply of power to both urban and rural geographies of India ensuring no hurdles are faced by the citizens in the path to achieving their dreams. The mining industry is considered a major contributor to the growth of the Indian economy. The mining business unit of the Adani group was established in 2007 as the last link in ensuring energy security for India. We are also developing and operating mines in Indonesia and Australia.

In the past few years, we have transformed from a coal trading and importing company to a comprehensive integrated coal management company. We have a diversified trading portfolio and are involved in Coal and Coke trading.