13 Oct
|
Vynedam Group Of Industries
|
India
13 Oct
Vynedam Group Of Industries
India
Hiring: Finance & Commercial Executive
Company Name: Vynedam Group of Industries
Job Title: Finance & Commercial Executive – Tender Finance & Costing
Department: Finance
Job Location: Remote {If there is any client meeting need to visit client office}
Experience Required: 2–5 Years
Salary: ₹4.8 – ₹7.2 LPA
Employment Type: Full time / Project-Linked (As Approved by Management)
Reports To: CFO / Finance Head
Open Positions: 1
Job Summary
Vynedam Group of Industries is seeking a detail-oriented and analytical Finance & Commercial Executive with 2–5 years of experience in finance, commercial operations, tender costing, pricing, or financial documentation.
The selected candidate will be responsible for managing financial eligibility documentation, Earnest Money Deposit (EMD), electronic Performance Bank Guarantee (ePBG) requirements, commercial costing, pricing controls, and banking documentation related to government tenders and procurement projects.
Candidates with prior experience in GeM tenders, government procurement finance, commercial bid preparation, and cost analysis will be preferred.
Key Responsibilities
- Verify company turnover records, financial statements, and financial eligibility documents required for tender participation.
- Coordinate Earnest Money Deposit (EMD) and electronic Performance Bank Guarantee (ePBG) requirements with banks and internal departments.
- Prepare landed-cost calculations, pricing analysis, profit margins, and commercial feasibility reports.
- Maintain approved commercial pricing records and ensure reverse-auction bids remain within management-approved pricing limits.
- Validate PAN, GST, bank account details, Electronic Funds Transfer (EFT) documentation, and other financial records.
- Prepare commercial approval notes, pricing summaries, and financial recommendations for management review.
- Track post-award financial security requirements, bank guarantees,
payment documentation, and related deadlines.
- Coordinate with Bid Management, Procurement, Finance, and other stakeholders to ensure timely commercial bid readiness.
- Maintain accurate financial records, costing sheets, approval registers, and supporting tender documentation.
- Identify and escalate financial risks, pricing discrepancies, and documentation gaps to management.
Required Skills & Competencies
- Financial Analysis and Commercial Finance
- Tender Costing and Pricing
- Landed-Cost and Profit Margin Calculations
- EMD / ePBG / Bank Guarantee Documentation
- GST and Basic Taxation Knowledge
- Advanced MS Excel / Google Sheets
- Banking and Financial Documentation
- Commercial Negotiation
- Financial Eligibility Verification
- Government Tender / GeM Commercial Documentation
- Financial Reporting and Risk Assessment
Educational Qualifications
- B.Com / M.Com / CA Intermediate or equivalent qualification.
- Candidates with relevant experience in finance, commercial operations, or tender financial management will be preferred.
Experience Requirements
- 2–5 years of relevant experience in finance, commercial operations, tender finance, costing, or pricing.
- Prior exposure to government tenders, GeM procurement, or commercial bid documentation is preferred.
- Experience handling EMD, bank guarantees, financial eligibility documents, and costing models will be an added advantage.
Preferred Candidate Profile
- Strong analytical skills and attention to financial accuracy.
- Ability to prepare and validate costing, pricing,
and margin calculations.
- Understanding of GST, banking documentation, and financial compliance.
- Experience coordinating with banks, procurement teams, and internal stakeholders.
- Ability to manage commercial deadlines and maintain accurate financial records.
- Strong communication, negotiation, and organizational skills.
Key Performance Indicators (KPIs)
- 100% verification of required financial documents before submission.
- Timely EMD/ePBG readiness before tender deadlines.
- No commercial bids submitted below the management-approved pricing floor.
- Accurate and reliable costing and profit-margin models.
- Timely completion of commercial approvals and financial documentation.
Salary & Career Opportunities
- Annual CTC: ₹4,80,000 – ₹7,20,000
- Compensation will depend on relevant experience, qualifications, and interview performance.
- Opportunity to gain experience in government tender finance, commercial operations, and procurement projects.
- Exposure to financial planning, commercial risk management, and cross-functional coordination.
How to Apply
Interested candidates can apply directly through Indeed or share their updated resumes with the following details:
- Total Experience:
- Relevant Experience in Finance / Commercial Operations:
- Experience in Tender Finance / GeM Procurement:
- Current CTC:
- Expected CTC:
- Notice Period:
- Current Location:
Email: [email protected]
Contact: +91-(phone hidden)
Vynedam Group of Industries
We are looking for finance professionals who can ensure financial accuracy, maintain commercial controls, and support successful tender and procurement operations.
Pay: ₹480,000.00 - ₹720,000.00 per year
Benefits
- Flexible schedule
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund
- Work from home
Work Location: Remote
📌 Finance & Commercial Executive (India)
🏢 Vynedam Group Of Industries
📍 India