Commercial Manager

5 - 10 years

7 - 15 Lacs

Mumbai Suburban

Posted:1 day ago| Platform: Naukri logo

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Skills Required

Commercial Contracts Contract Drafting Bank Guarantee Lc Documentation Contract Management Revenue Recognition Contract Review

Work Mode

Work from Office

Job Type

Full Time

Job Description

Purpose of Role/Job Summary: This position is responsible to support projects contracts administration activities with perfection and effective contracts administration. Know-how on the financial obligations, controlling, reporting/preparing procedures and documentation, law of contracts, foreign trade and customs regulations, general logistics etc. Main Responsibilities: Drive Contract management throughout the project delivery phase including proactive opportunity and claim management Contract reviewing , drafting , negotiation of domestic and international contracts Close Coordination with the sales team & Client servicing team for document closure Daily review & Control over the internal legal tracker for documentation status review & reporting Reviewing vendor/ third party's contracts , scope of work ( SOWs) , Purchase orders (POs), RFPs and NDAs. Drafting and sending legal notices to debtors Agreement on contractual amendments with regard to the scope of supplies and services, prices, deadlines or other contractually stipulated conditions Contract & Claims negotiations support, review warranties, bonds, insurances, and guarantees of compliance Collaboration with the Project Site Managers in terms of the project's strategic meetings and its respective internal and external communication. Vetting/checking of Letters of Credit, Contracts, bank guarantees etc. and negotiate terms with the clients. Review and monitor the adherence of project scope in view of techno- commercial feasibility prevalent laws of land and company-internal rules, arbitrations, jurisdictions etc. Support Sales and Project Teams for finalising contracts with clients and suppliers Commercial project coordination (e.g. application for and follow-up of bank guarantees, insurances, etc.) as well as coordination on legal documents Review of purchase orders terms and conditions, BG / LC documentation etc. - Ensure smooth co-ordination with EXIM and Supply Chain team Monitoring the Project agreement, invoices and follow-up of claims. Ascertain own claims from customer and prevention of unjustified claims from vendors. Advise on Foreign currency transfers inward/outward etc. Active Customer Relationship Management. Proactively communicate with customer's commercial representatives and manage solving of commercial issues Commercial project coordination (e.g. requesting and tracking bank guarantees, insurance, etc.)and coordination of legal, taxation and insurance issues. Understanding and reducing complexity in contracts, offering and demanding support to/from the project team and ensure compliance with regulations and guidelines. Contracts legal documents management and safe keeping and both inward and outward timelines Monitor Contracts with regard to payments, deliveries, guarantees and penalties and escalate to minimize the risk. Any other responsibility related to the position as per business requirement Work Experience and Skills: 10+ years of professional experience in Engineering company with Project commercial exposure. Minimum 5 years of total experience as a senior position preferable • Strong analytical skills and a technical, data driven mind-set • In-depth understanding of commercial contracts • Thrives in a fast-paced, entrepreneurial environment • Excellent stakeholder management, communication and people skills Educational Qualification: • Bachelors degree Engineering / Post Graduation

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Kumar Metal Industries
Kumar Metal Industries

Manufacturing

Bhiwandi

50-200 Employees

3 Jobs

    Key People

  • Nitesh Kumar

    Managing Director
  • Amit Kumar

    Operations Manager

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