Role & responsibilities

Commercial Operations

- Process purchase orders and coordinate with vendors for timely procurement.
- Verify purchase invoices, goods receipt notes (GRNs), and delivery challans.
- Monitor inventory movement between warehouse, head office, and retail stores.
- Ensure timely inward and outward stock documentation.
- Coordinate with logistics partners for dispatch and receipt of goods.

Inventory Management

- Maintain accurate inventory records in the ERP system.
- Reconcile physical stock with system stock and investigate discrepancies.
- Coordinate stock transfers, stock adjustments, and return transactions.
- Assist in periodic stock audits and annual inventory verification.
- Monitor ageing stock and report slow-moving inventory.

Billing & Documentation

- Prepare and verify commercial documents such as purchase orders, invoices, delivery challans, debit notes, and credit notes.
- Ensure accurate data entry into ERP software.
- Maintain proper filing and documentation of commercial records.
- Coordinate with the Accounts department for invoice processing and payment reconciliation.

Vendor Management

- Maintain strong relationships with suppliers and service providers.
- Follow up on pending deliveries and vendor invoices.
- Resolve vendor-related discrepancies in coordination with the procurement and finance teams.
- Maintain vendor master data and commercial agreements.

Financial Coordination

- Assist in purchase reconciliation and inventory valuation.
- Coordinate with Finance for payment processing and ledger reconciliation.
- Support monthly commercial MIS reports and management reporting.
- Monitor commercial transactions to ensure cost control and compliance.

Compliance & Reporting

- Ensure compliance with company policies and commercial procedures.
- Support internal and external audits by providing required documentation.
- Maintain confidentiality of commercial and financial information.
- Generate daily,



weekly, and monthly reports for management.

Preferred candidate profile

Qualifications

- Bachelor's Degree in Commerce (B.Com), Business Administration, or a related field.
- MBA (Finance/Operations) will be an added advantage.

Experience

- Minimum 2 - 4 years of experience in Commercial Operations, Inventory Management, Procurement, or Supply Chain.
- Experience in the Jewellery, Retail, Manufacturing, or FMCG industry is preferred.

Required Skills

- Strong knowledge of commercial documentation and inventory processes.
- Excellent proficiency in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables, IF functions, charts, data analysis).
- Strong analytical and problem-solving skills.
- Excellent coordination and communication skills.
- Valuable understanding of GST, purchase transactions, and commercial compliance.
- Ability to work under deadlines and manage multiple tasks.
- High attention to detail and accuracy.

Key Performance Indicators (KPIs)

- Accuracy of commercial documentation.
- Timely processing of purchase and inventory transactions.
- Inventory reconciliation accuracy.
- Vendor coordination and turnaround time.
- ERP data accuracy.
- Timely submission of commercial MIS reports.
- Audit compliance and documentation accuracy.

Working Hours

- 10:00 AM 8:00 PM
- Weekly off as per company policy.
- Additional hours may be required during audits, stock verification, or business requirements.

Compensation & Benefits

- Salary: Best in Industry
- Performance-Based Incentives (as applicable)
- Provident Fund (PF)
- Employee State Insurance (ESI) (as applicable)
- Paid Leave
- Professional Development & Career Growth Opportunities

Preferred Candidate Profile

- Experience working in a multi-store retail environment.
- Ability to coordinate effectively with stores, warehouse, finance, and procurement teams.
- Strong organizational and time management skills.
- Honest, dependable, and capable of handling confidential commercial information with integrity.

📌 Commercial Executive (Bhubaneswar)
🏢 Arundhati Jewellers
📍 Bhubaneswar