Commercial Executive-Finance

Objectives of this position
This role in Finance function should take care of Commercial

• Activities in the field location, Warrangal. This includes, managing warehouse operations, inventory management, invoicing, collection accounting and reconciliation, accounting, review of expenses in the field, bank reconciliation.
  Functional  Competencies ( Essential)
  
• Ability to interact with business partners, distributors and field team members. Ability to manage inventory movement, invoicing and collection.
  

Prime Responsibilities of the Role

• Accounting : Accounting of Inventory receipt, Sales, Collections, verification of TA Bills and Expense bills
  
• Inventory Management: Manage inventory available in the warehouse, timely dispatch of inventory to various locations, stock reconciliations
  
• Warehouse operations: Storage and handling of inventory, arrange transportation
  
• Sales Coordination: Coordination with field staff and distributors
  
• Collection: Collection  follow up with distributors
  
• Banking: Carryout bank reconciliations on a regular basis
   
  Objectives and Deliverables of the Role
  A. Functional
  
• Objective: Ensure accurate reporting, timely book closure, timely supplier payments, receivables and inventory management, transportation arrangements, implementation of internal controls, expenses review and local regulatory compliance
  
• Deliverables: Accurate accounting of all entries, MIS reports, Stock reconciliations, bank reconciliation statements, supplier and debtor aging with insights
  B. Supervisory  :
  
• Objective: Provide support and guidance to the field office staff, review of all expenses with supporting documents etc
  
• Deliverables: Ensure timely completion of month end reports and maintain high standards of accuracy
  C. Analytical:
  
• Objective: Monthly analysis of inventory balances, fund requirements, debtors and suppliers' aging, expenses variance analysis and reasonableness
  
• Deliverables: Monthly aging reports of inventory, debtors and suppliers, variance analysis, fund requirements etc
  Role Measurability Factors
  
• Accuracy & Timeliness of Financial Reporting: Monthly financial statements and MIS reports delivered on time with zero major errors.
  
• Process Improvements: Implementation of internal controls or automation initiatives
  
• Timely payments and receipts: Ensure timely payments to suppliers and collections from debtors
  
• Collaboration and cross functional support: Provide guidance and support to field office staff as and when required
  
• Expenses review and inventory management: Ensuring that expenses and inventory levels are reasonable and controlled with regular reviews

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