Role & responsibilities

Position:Manager Commercial

Industry Experience:10-15 years Industry Experience

Role Summary

The Commercial Manager is responsible for managing all aspects ofthe department. He/shehas to drive the department in such a way that the production and other operations of the plant are appropriately supported. He/shehas to facilitate Audits in coordination with his own department and other departments.

Finance

1) Setting up and managing financial reporting and accounting processes i.e. monthly, quarterly, and annual financial reporting, and bookkeeping.

2) Preparing and maintaining monthly, quarterly, and annual financial statements i.e. balance sheet, P&L;, and cash flow statements.

3) Preparing business plans, projections, budgets, forecasts, and latest estimates.

4) Setting up a process for Inventory Accounting and Revenue Recognition. Managing audits, tax compliance (TDS, GST, IT), and banking-related activities.

5) Preparing business plans, projections, budgets, forecasts, latest estimates, etc.

6) Monitoring and reviewing of budget and communicating variance torespective cross-functional teams in close coordination with the Plant Head.

7) Perform cash management functions and oversee accounts payable, accounts receivable, cash disbursements, payroll, and bank reconciliation functions. Keep a close watch on the receivables, and plan well to ensure business operations run smoothly.

8) To evaluate CAPEX proposal for new projects.

Statutory Compliances & Audits

1) Responsible for financial-statutory compliances and audits.

2) Responsible for Commercial department audits and stock audits.

3) Ensure documents and records in ERP and manually should be maintained as per norms andregulations, meeting the requirements of various audits.

MIS Reports

1) Ensure timely submission of reports of aforesaid audits to the Plant head and Management Committee on a weekly, fortnightly, and monthly basis.

2)



Closely coordinate with cross-functional teams and stakeholders for data
collection, report updating, and other clarifications.

3) Setting up and maintaining monthly MIS and dashboards with key financial and business indicators to support business teams in decision-making.

Technical Efficiency

1) Ensure Technical Efficiency Analysis is carried out on a weekly, monthly, and yearly basis in consultation with the production department ∧ should be shared with the Plant Head and managementCommittee.

2) Compare BOM(bills of materials) and activity changes to avoid cost run error and reduced time.

Purchase

1) Ensure spare and consumable purchases for maintenance and admin departments.

2) Identifying, evaluating, and selecting suppliers based on quality, reliability, cost-effectiveness, and adherence to ethical and sustainability standards.

3) Negotiating contracts and terms with suppliers to ensure favourable pricing, payment terms, and mutually beneficial agreements.

Logistics

1) Manage logistics for all inward RM & PM and outward FG.

2) To work on planning, purchase, and logistics as per the laid down policies ∧ procedures.

3) Support the manufacturing department for its smooth functioning by timely procuring RM&PM.;

Key Skills and Competencies

1. Positive knowledge of accounting principles and procedures. Experience with creating financial statements, maintaining general ledgers, and month-end/year-end closing processes.

2. Experience with Cost accounting, Revenue Recognition, and Budgeting process.

3. Excellent in Microsoft Excel and accounting software i.e. SAP/NAV.

4. Experience working on ERP tools • Excellent communication & administrative skill.

Functional Area

Min 10 years of experience in finance reporting/controlling functions in manufacturing businesses.

Academic and Professional Qualification

Preferably Graduation in Commerce (B.Com.)

PG-masters in commerce (M.Com.) or M.B.A in Finance and Accounts

Preferred candidate profile

📌 Manager Commercial (Siddipet)
🏢 Smile Management Solutions
📍 Siddipet