Role Summary

We are looking for a commercially sharp Chartered Accountant to join our Finance team as a key business partner to operations, procurement, and leadership. The role is anchored in commercial finance driving cost discipline through rigorous benchmarking, leading vendor negotiations with data-backed insights, and partnering with business units to translate financial analysis into strategic decisions. This is a high-visibility role with direct exposure to senior management.

Key Responsibilities

1. Vendor Negotiation & Procurement Finance

- Lead end-to-end commercial negotiations with vendors, service providers, and contractors covering pricing, payment terms, SLAs, and penalty clauses.
- Build and maintain TCO (Total Cost of Ownership) models to evaluate vendor proposals beyond headline rates.
- Develop negotiation briefs for procurement teams, including BATNA positions, market intelligence, and financial risk assessments.
- Review and redline commercial terms in vendor contracts with a focus on payment schedules, escalation clauses, and indemnity exposure.
- Track and report savings realised vs. targets, presenting outcomes to HoD and procurement leadership on a monthly basis.
- Establish preferred vendor frameworks and rate cards across major spend categories.

2. Cost Benchmarking & Analytics

- Design and maintain a cost benchmarking repository across all major spend categories — capex, opex, manpower, logistics, and technology.
- Conduct peer benchmarking using industry databases (CRISIL, Bloomberg, market surveys) to assess competitiveness of existing contracts. • Develop price indices and inflation-adjusted cost trackers to support renegotiation triggers and budgetary planning.
- Identify cost outliers and variance drivers; prepare deep-dive analyses with actionable recommendations for leadership.
- Collaborate with category owners to translate benchmarking findings into sourcing strategies and contract structures.

3. Business Partnering & FP&A;





- Partner with business unit heads to provide financial insights that support pricing decisions, new business bids, and product profitability analysis.
- Own the monthly MIS for commercial spend — tracking actuals vs. budget with commentary on variance and forward-looking risks.
- Lead the annual operating expense budget process for commercial functions, including zero-based budgeting exercises.
- Build financial models for recent initiatives, capex proposals, and make-vs.-buy decisions. • Support HoD with board-level presentations on cost performance, savings pipeline, and commercial risk exposures.

4. Commercial Controls & Compliance

- Ensure all vendor engagements are aligned with the company's delegation of authority (DoA) and procurement policy.
- Review commercial terms in agreements for GST, TDS, and related tax implications; coordinate with the tax team for structuring inputs.
- Maintain a contract repository with key commercial milestones, renewal dates, and performance triggers.
- Support internal and statutory audit requirements related to vendor payments, advances, and contract documentation.
- Drive continuous improvement in commercial processes — standardising templates, approval workflows, and policy adherence.

Qualifications & Experience Mandatory

- Chartered Accountant (ICAI)
- 5–6 years of post-qualification experience, with at least 4 years in commercial finance role.
- Demonstrable experience in vendor negotiations and/or commercial finance functions.
- Strong working knowledge of cost benchmarking methodologies and procurement finance.
- High intent and high integrity is the first basic requirement. Preferred
- Prior experience in sectors such as financial services, fintech, manufacturing, FMCG, or infrastructure.
- Exposure to ERP systems (Zoho/Zoho Books/other SaaS products) and procurement platforms.
- Experience working in a Big 4 / mid-tier audit firm followed by an industry stint.
- Understanding of indirect tax (GST) implications in vendor contracts.

📌 CA Commercial Finance (Noida)
🏢 Credgenics
📍 Noida