Posted by
Posted in
Banking & Finance
Job Code
1678484

Key Responsibilities:
- Commercial Strategy & Cost Management : Translate business and P&L targets into sourcing cost- reduction, value- engineering and payment- term improvement plans for key categories.
- Drive annual cost- down, should- cost and benchmarking exercises and ensure realized savings are validated and tracked in finance systems.
- Co- Lead cost saving projects for R&D & sourcing to boost profitability without impacting quality & timeline. Build business cases for make- vs- buy, vendor changes, and CAPEX investments with clear IRR/NPV and payback analysis.
- Vendor Governance & Commercial Risk Management: Establish commercial governance frameworks for strategic suppliers, including pricing frameworks, escalation clauses and risk- sharing mechanisms.
- Monitor financial health, credit exposure and dependency risk for key suppliers and recommend mitigation actions.
- Ensure contracts and POs reflect agreed commercial terms, tax structure, incentives and penalties and are compliant with internal controls.
- Negotiation, Contracts & Cash : Flow Optimization Lead or support high- value negotiations on price, payment terms, rebates, credit period and volume commitments to improve gross margin and working capital.
Qualification: Chartered Accountant (CA) - 2020 - 2023 passout
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Posted by
Posted in
Banking & Finance
Job Code
1678484