Job
Description
Interested candidates, kindly mail to enpcareers.hr@ril.com Main Purpose: The Head of Contract Validation and Commercial Concurrence is responsible for leading the review, validation, and financial concurrence of all business contracts to ensure alignment with internal policies, risk frameworks, and financial objectives. This role acts as a key control point between the business, procurement, legal, and finance teams, ensuring commercial soundness, compliance, and value maximization. Key Responsibilities: Contract Validation Review and validate commercial terms of contracts, proposals, and purchase orders across business units. Ensure contracts comply with financial policies, statutory regulations, risk frameworks, and internal controls. Lead financial due diligence for large value or strategic contracts. Commercial Concurrence Provide financial concurrence for contracts above defined thresholds. Conduct cost-benefit analysis, risk assessment, and cash flow impact evaluation. Evaluate pricing models, margins, payment terms, and escalation clauses. Cross-Functional Coordination Collaborate with legal, procurement, business, and operations teams to finalize contracts. Provide financial inputs during vendor/customer negotiations. Assist business units in structuring complex commercial deals with financial prudence. Governance and Risk Management Establish and maintain SOPs for contract validation and approval workflows. Mitigate commercial risks through proactive financial oversight. Ensure audit readiness and documentation for all concurred contracts. Team Leadership & Reporting Lead a team of finance professionals handling contract reviews. Report KPIs, risk flags, and key commercial terms to senior management. Drive automation and digitization in contract approval and validation processes. Key Skills and Competencies: Strong knowledge of financial modeling, commercial law, and risk assessment. Proficient in SAP/Oracle or similar ERP environments. High attention to detail and business acumen. Excellent stakeholder management and negotiation skills. Ability to manage ambiguity in large, multi-stakeholder environments. Qualifications: Chartered Accountant (CA) / CPA / MBA (Finance) 12–18 years of post-qualification experience, preferably in contract management, finance control, or commercial finance roles. Preferred Industry Experience: Infrastructure, EPC, Oil & Gas, Manufacturing, Utilities, or large-scale services businesses with complex contract structures. Interested candidates, kindly mail to enpcareers.hr@ril.com Show more Show less
