Finance & Commercial Executive
Onsite – Jamshedpur
Company: Udayan Group
About the Role
Udayan Group is looking for a detail-oriented and proactive Finance & Commercial Executive to manage day-to-day financial operations, accounting, statutory compliance, reporting and cost control.
The role will primarily focus on Finance & Accounts, while also coordinating with internal teams and vendors on purchase documentation, payment processing and commercial requirements.
Key Responsibilities
1. Finance & Accounts — Primary Responsibility
Manage day-to-day accounting operations, including ledger maintenance, journal entries and bank reconciliation.
Handle accounts payable, receivables, invoicing and payment processing.
Prepare regular financial statements, MIS and management reports.
Manage GST, TDS, PF, ESI and other applicable statutory compliances.
Coordinate monthly and year-end closing activities.
Monitor cash flow, outstanding payments and receivables.
Assist in budgeting, forecasting and cost monitoring.
Coordinate with auditors, banks, tax consultants and financial institutions.
Maintain accurate financial records and documentation.
Provide financial insights to management for better decision-making.
2. Commercial & Purchase Coordination
Coordinate with vendors for quotations, invoices, purchase orders and payment documentation.
Assist in vendor comparison and commercial evaluation.
Track purchase orders, deliveries and pending invoices.
Coordinate with operational and project teams regarding purchase requirements.
Maintain supplier and purchase records.
Support management in identifying cost-saving opportunities.
Coordinate with the procurement team for major purchases wherever required.
3. Cost Control & Compliance
Monitor expenses against approved budgets.
Maintain proper documentation for financial and commercial transactions.
Ensure compliance with company policies and contractual requirements.
Track outstanding vendor payments and customer receivables.
Assist