• Career Opportunities: Sr. Manager - Outsourcing Commercial Jobs in Mumbai,India - 25035117

  • KEC International Ltd

Job Description:

The position is responsible for cost budgeting and to ensure adherence to targeted cost and OPEX This includes optimization of conversion costs Periodic evaluation & settlement of conversation cost with outsourcing partners (vendors) responsible for periodic contract renewal & ensuring vendors profitability asset management at vendors location disposal of non conformance generated Legal compliance to statutory requirements and relevant agreements and maintaining working capital

KEY PERFORMANCE AREAS

Conversion cost evaluation & Periodic settlement

Cost budgeting & adherence

Optimize overall Cost including opex

Adherence to payment cycles and reconciliation of accounts

Adherence to all statutory and legal compliance requirement

Conversion cost evaluation & Periodic settlement

Cost budgeting & adherence

Asset Management at vendor end

KEY ACTIVITIES & RESPONSIBILITIES

Planning

Monitoring and reduction of overdues for outsourcing units to ensure vendor satisfaction

Ensure implementation of policies with respect to credit management, account receivable management and pricing of outsourced products

Manage working capital through inventory control, regulation of accounts receivable and payable

Analyse financial impact of various outsourcing options to aid in the decision making process such as detention charges of imported goods, CENVAT utilization, etc

Continuously assess and review business process towards optimum flow and proper documentation

Identify opportunities to reduce cost through negotiation, contract management, budgeting and control

Analyse budgeting variances and suggest ways to control cost

Purchase & Negotiations

Participate in negotiations for bought-out tyres and raise the necessary Purchase orders for the same

Supports in quarterly negotiations with vendors for Bladder and raise the necessary Purchase orders for the same

Supports Central Planner in monitoring and Liaoning with vendors for plant-wise Bladder availability, closing stock, transportation and follow-up

Compliance and Documentation

Ensure necessary legal compliance pertaining size and MRP of packed products

Ensure statutory compliance, issuance of all F and C forms, excise and other regulatory compliance, Commercial and sales compliance and other policies

Ensure compliance with local taxation systems during interstate billings

Drive new tax initiatives like GST

Meet the statutory compliance relating to existing laws and issue forms for Excise packaging Commodity Act, and Sales Tax

Identify tax related issues at the outsourced units and lease with the Taxation Head to resolve the same

Ensure timely finalization/ renewal of Commercial agreements/ Contracts with vendors

Collections and Payments

Prepare and monitor collection of dues as per targeted receivables

Review payments as per due dates

Attend to collection related disputes that may arise

Ensure quarterly reconciliation of all outsourcing accounts and resolution of discrepancies

Track and manage claims pertaining to the finished goods as per the established claims policy for the outsourcing business

Education and Experience Required

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Engineering/Projects, Construction/Cement/Metal/Steel/Iron
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 09th May 2020

Key Skills:

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