06 Nov
|
ETP Group
|
Mumbai
Experience Required
15+
Location
Mumbai
Role Type
Full Time
Role: Commercial Manager
Department: Customer Success
Location: Saki Vihar Road (beside L&T;)
Work Mode: Work from office
Working Days: Monday to Friday
Experience: 15+
Job Description:
About Role
The role plays a key role in ensuring deal sanctity and integrity of transactions with our company and will report to the Vice President and / or Executive Director
Key Responsibilities
- Contract and SOW Management
- Owning the entire contracting lifecycle — from initial term sheet to execute agreement.
- For on-premise deals this includes perpetual license agreements, maintenance terms, and multi-year commitments.
- For cloud/subscription this includes SaaS MSAs, subscription order forms, renewal schedules, and auto-escalation clauses.
- This role ensures legal alignment across APAC & IME jurisdictions (India, SEA, ANZ, etc.) where regulatory and tax requirements vary significantly.
- Billing Operations
- Managing two different billing models in parallel: One-time or milestone-based invoicing for on-premise licenses.
- Recurring subscription billing (monthly/annual) for cloud products.
- This role designs the billing cadence, ensures invoices are accurate and issued on time, and coordinates with finance on revenue recognition standards.
- Collections and AR
- Running accounts receivable follow-up, escalation protocols, and cash flow visibility.
- In APAC & IME, this means navigating varying payment cultures — some markets pay promptly, others require structured follow-up.
- This role sets and enforces DSO (Days Sales Outstanding)
targets and ensures timely escalations to CSM or NB Team.
- Commercial Governance
- Acting as the internal control point for commercial risk — ensuring deals don't get closed with unusual payment terms, uncapped liability, or non-standard SLAs without appropriate approvals. This includes deal review sign-offs before contracts go out.
- Commercial Reporting
- Providing leadership with visibility on ARR (Annual Recurring Revenue), TCV (Total Contract Value), pipeline-to-cash conversion, renewal rates, and collection efficiency — across both on-premise and cloud revenue lines.
The Job responsibilities of the candidate shall include but not limited to the Job Description & to perform any other tasks/functions as required by the Company
Skills And Experience
Qualifications & Experience
- PG/MBA in Finance or related field.
- Minimum 15 years of experience, with 4+ years in managerial roles in retail/SaaS domain.
- Advanced Excel skills (analysis, macros, reporting), robust analytical and communication abilities, and ability to handle multiple deadlines confidentially.
Key Skills
- Expertise in Microsoft Office suite, especially Excel for financial modelling and MIS.
- Proficiency in accounts receivable/payable processes, financial reconciliation, and risk management and market, customer, vendors and competition research.
- Retail domain knowledge, strategic thinking, and leadership to mentor teams.
Perks and benefits
- Pick & Drop facility from Saki Naka Metro.
- Complimentary breakfast.
- Medical insurance coverage.
📌 Commercial Manager (Mumbai)
🏢 ETP Group
📍 Mumbai