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Manager / Senior Manager - Commercial

Akola, Maharashtra

Sterling And Wilson Ltd.

Job Description

Manage all Commercial aspects of Project execution of International Solar EPC Projects in close interaction with Finance & Project team for :

o Invoicing & Accounts Receivables
o Resolution of payment issues with client, contract administration & claims management
o Billing Schedule and Cash Flows management and monitoring
o Filing of PEM with banks as per RBI guidelines, managing the issuance and maintenance of bank guarantees and overseeing LC operations in close coordination with Finance
o Assistance for all commercial matters to Procurement & Logistics
o Manage and control all accounts payable (especially onshore scope) and ensure timely payments as per vendor PO terms and schedule and scope.
o Manage and closely monitor the banking & treasury operations of on-site bank accounts in Project Country in close coordination with local commercial / finance person.
o Preparation of regular Project Cash Flow, Project Profit Statements, Cost Control statements, identify budget overruns and other MIS requirements related to the Project etc..
o Monitoring progress of Project & Site activities and reconciliation for Project closures with respect to schedule, scope, cost control, receivables, cash flow management, shipping & logistics, imports and exports, Remittances & banking transactions etc., related to Site.
o Interaction with Clients, Suppliers, Service contractors, CHA agents, Banks and other statutory / Governmental agencies such as DGFT, Customs etc., if required.
o Attend to audit queries on Project related commercial matters

Provide assistance in establishment of branch or subsidiary or any form of entity in foreign countries, as per business requirements in a most efficient manner from contract structure and tax efficiency perspective.
Review of Sales Proposals & Contracts in co-ordination with foreign offices and Business Units (BU) as and when required.
Assessment of Commercial Tenders and identifying the liabilities and risks associated with the Tender / Project vis--vis companys Risk Profile
Assist the BU teams in business development activities and client engagement

Company Description

Sterling & Wilson group is Indiaï premier MEP service provider is an 1600 Cr. plus and one of... the largest electro-mechanical (Electrical, HVAC, Fire fighting and fire detection, plumbing, Door access and security, Voice and Data cabling) contracting company in India. We have an all India presence and our offices are in nine locations in India and more are in the process of being set up. The company at the moment has employee strength of more than 1500 engineers and manager and other support function professionals. We are professionally run and managed company and have potential for bright engineers to progress horizontally and vertically in the organization. We provide professional work environment, opportunity to innovate and take decision. We are one of the fastest growing companies in Electro-Mechanical contracting field and have a very good order book at this moment. Some of our international order includes World Cup Cricket 2007, Stadium in West Indies, Presidential Palace in Ghana, 20Mega watt power plant in Africa. Orders for projects in India are huge and we are looking for more business. We also have set up one of the largest DG set manufacturing plant in Maharashtra with MTU of Germany. We will also be manufacturing 33/11 KV clad sub-station and low voltage panels, synchronizing PLC panels, bus-ducts, rising mains etc.  Read full description

Additional Information

Last updated:
Job type:
Full time
Position type:
Minimum experience:
Between five and ten years
Compulsory Education
Salary range:
₹ 8,50,000 - ₹ 12,00,000 / Yearly (Gross Pay)
Jobs in Logistics / Purchase / Supply Chain / Procurement
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