Manager - Commercial

14 hours ago

Mumbai, Maharashtra, India Jio World Centre Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Company Overview

Envisioned by Nita M. Ambani and spread over 18.5 acres in Mumbai's Bandra Kurla Complex, the Jio World Centre is an iconic business, commerce, and cultural destination. A multifaceted development of its kind in India, it includes the musical Fountain of Joy, an upscale retail experience, a multivenue cultural centre, selection of cafés and fine dining restaurants, serviced apartments and offices, and one of India's largest convention facilities – the Jio World Convention Centre. The Centre opened to the public with the Jio World Convention Centre and the Fountain of Joy at Dhirubhai Ambani Square in early 2022. ​ The Jio World Centre is strategically located in Mumbai's vibrant business and cultural hub of Bandra Kurla Complex. This centre has been developed with an international design vocabulary, while honouring the culture and spirit of India.

Purpose of The Role

The Commercial Manager is responsible for developing and implementing the commercial strategy, ensuring compliance and alignment with the overall business objectives. This role is instrumental in building and strengthening key relations, managing contracts and budgets, evaluating commercial negotiations, and working cross-functionally to operational efficiency and support strategic growth initiatives. 

Job Accountabilities

  • Evaluate and negotiate contracts to ensure favourable terms and compliance
  • Identify new commercial opportunities to drive cost efficiencies and create value for business
  • Manage contractual obligations, analyse commercial risks and devise mitigation plans
  • Assess and ensure delivery of goods and services as per contracted terms
  • Maintain and update contract database to ensure timely amendments and renewals
  • Develop tiered based vendor database (L1, L2, L3) and identify potential new suppliers/vendors
  • Manage contractual relations including onboarding, performance evaluation and issue resolution, if any
  • Build and strengthen key relations to support business growth and bring operational efficiencies
  • Optimise sourcing strategies ensuring quality, cost-effectiveness that meet business requirements
  • Create Purchase Orders (PO) and ensure timely submission for payments
  • Ensure all commercial activities align to internal processes, governance and regulatory requirements
  • Drive process improvements and standardization across commercial function
  • Manage and monitor budgets, track expenditures and analyse cost
  • Prepare and present reports to key stakeholders to enable them to make strategic decisions
  • Work cross-functionally and align the commercial activities with overall business goals
  • Analyse internal data and market trends to enhance commercial strategies for the business

Education Qualifications

  • Bachelor's degree in Management/ Business/ Finance
  • MBA preferred

Experience

  • 8+ experience for a mid-size to large organization
  • Events Production/ Entertainment experience will be an added advantage

Skills

  • Strong commercial and financial acumen
  • Advanced negotiation and contract management
  • Excellent communication and stakeholder management
  • Attention to detail
  • Understanding of regulatory and compliance requirement
  • Proficiency in SAP system

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