Commercial Officer

Job Description

Job Title: Commercial Officer Location: Dapodi, Pune Experience: 2 -4 Years of experience as commercial officer or financial Executive Qualification: B.com or any another relevant field Compensation: 2-3 LPA Key Responsibilities: Accounts Receivable (AR) Management: Follow up with customers through active calls, emails, and reminders to ensure timely collection of dues. Coordinate internally with relevant teams to address outstanding documentation or billing clarifications with customers. Maintain transparency on AR topics for internal stakeholders and provide regular updates on AR status. Billing and Documentation: Review AR status after invoicing or billing to identify and manage supporting document requirements. Resolve billing-related issues by obtaining and providing necessary clarifications or documentation to customers. Ensure timely and accurate payment adjustments to reflect correct AR status, including overdue amounts. Bank Guarantees and Credit Management: Manage advance bank guarantees, contract performance bank guarantees, and related documentation. Collaborate with internal teams to circulate order confirmations and dispatch instructions as per Purchase Order (PO) terms. Handle Letter of Credit (LC) and Tax Deduction (TD)/Tax Collected at Source (TCS) declarations by following up with customers and banks. Customer Communication: Raise proforma invoices and actively follow up with customers to ensure timely payments. Provide feedback to customers on AR status and ensure transparency in financial transactions. Data Management and Reporting: Work with tools such as SAP ERP System and MS Excel to manage data, generate reports, and monitor AR status. Produce and analyze periodic reports to support decision-making and track performance metrics. Operational Support: Assist in resolving operational issues related to collections, billing, and documentation. Act as a liaison between customers and internal departments to ensure seamless processes and customer satisfaction. Industry: 1) Engineering based Industries, Manufacturing / Fabrication Industries Preffered Key Skills : Technical Skills: Proficiency in SAP ERP System, MS Excel, and other relevant tools. Soft Skills: Strong communication and interpersonal skills for effective customer and internal coordination. Excellent organizational and problem-solving abilities. Attention to detail and ability to manage multiple tasks simultaneously. Knowledge: Familiarity with billing processes, bank guarantees, and LC procedures is an advantage. Show more Show less