Assistant General Manager Accounts and Commercial

Role & responsibilities

1. Financial Management & Control

• Monitor project-wise profitability, budgets, and financial performance.
• Review monthly financial statements, cost reports, and variance analysis.
• Ensure compliance with accounting standards, statutory requirements, and company policies.
• Track cash flow, working capital, and fund utilization across projects.
• Support annual budgeting and periodic forecasting exercises.

2. Commercial Operations

• Oversee billing, invoicing, certification, and revenue realization from clients.
• Monitor receivables and coordinate with site teams for timely collections.
• Review commercial terms of O&M contracts and identify financial risks.
• Ensure compliance with contractual obligations related to payment milestones and claims.
• Support preparation and evaluation of commercial proposals, tenders, and amendments.

3. Contract Management

• Review customer contracts, subcontracts, and service agreements.
• Monitor contract performance, deviations, and change orders.
• Support claim management, dispute resolution, and contract closure activities.
• Maintain records of contractual commitments and obligations.

4. Cost Control & Performance Monitoring

• Analyze manpower, maintenance, consumables, and overhead costs.
• Identify opportunities for cost optimization and productivity improvement.
• Monitor project margins and recommend corrective actions.
• Develop and track financial KPIs for O&M projects.

5. MIS & Management Reporting

• Prepare monthly, quarterly, and annual MIS reports for the Director O&M.
• Present project performance dashboards covering revenue, cost, profitability, receivables, and cash flow.
• Provide analytical inputs for management reviews and strategic decision-making.
• Coordinate with site commercial teams for timely data collection and reporting.

6. Coordination with Stakeholders

• Liaise with Finance, Procurement, HR, Legal, and Project Teams.
• Coordinate with clients regarding billing, payments, and commercial matters.
• Support site commercial personnel in resolving contractual and financial issues.
• Assist the Director in commercial negotiations and business reviews.

7. Compliance & Governance

• Ensure adherence to statutory regulations, taxation requirements, and internal controls.
• Facilitate internal and external audits.
• Monitor compliance with delegated authority matrices and approval processes.
• Ensure proper documentation and record management.

8. Strategic Support to Director O&M

• Provide financial and commercial analysis for new business opportunities.
• Support business planning, project mobilization, and expansion initiatives.
• Prepare presentations, board notes, and management reports for senior leadership.
• Track key business risks and recommend mitigation measures.

Key Performance Indicators (KPIs)

• Revenue realization and collection efficiency.
• Reduction in outstanding receivables.
• Project profitability and margin improvement.
• Budget adherence and cost control.
• Accuracy and timeliness of MIS reports.
• Contract compliance and claim resolution.
• Audit observations and compliance status.
• Working capital management.

Preferred candidate profile :

Desired Qualification & Experience

• CA
• 10–15 years of experience in Accounts, Finance, Commercial, or Contract Management.
• Preference for experience in Thermal Power Plants, O&M Services, EPC, Infrastructure or Energy Sector.
• Strong knowledge of commercial contracts, project accounting, budgeting, taxation, and financial analysis.

Key Competencies :

• Financial and Commercial Acumen
• Contract Management
• Analytical Thinking
• Negotiation Skills
• Business Partnering
• Stakeholder Management
• Presentation & Reporting Skills
• Leadership and Team Coordination

This role acts as the commercial and financial focal point within the Director's Office, ensuring that all O&M projects achieve their business, contractual, and profitability objectives.

Interested candidates can share the updated CV with current ACTC ,expectation and notice period to [email removed]