Job Description
Contract Management:
Assist in drafting, reviewing, and managing commercial contracts and agreements.
Ensure contracts comply with legal requirements and company policies.
Maintain accurate records of contract timelines and milestones.
Payments Follow-up & Receivables Management:
Track outstanding payments and follow up with clients.
Assist in preparing and submitting invoices with supporting documents.
Coordinate with internal teams to resolve payment discrepancies.
Update payment status reports and aging analysis.
Government Liaison & Documentation Support:
Liaise with government finance departments for payment processing.
Prepare financial documents, including tax invoices and performance guarantees.
Ensure timely submission of paperwork as per contract terms.
Work with State Treasury Portals, Public Sector Bank Payment Mechanisms, and Letters of Credit (LCs).
Customer Relationship Management:
Communicate with clients to understand their needs and provide relevant support.
Ensure timely resolution of customer queries in collaboration with internal teams.
Financial and Administrative Support:
Assist in preparing reports and financial reconciliation.
Support invoicing, payments, and bank guarantee preparation.
Submit documents and handle reconciliation activities.
Travel to client locations within and outside Maharashtra as required.
Compliance & Risk Management:
Ensure adherence to commercial policies, procedures, and relevant regulations.
Identify potential risks in contracts and proposals and work with senior management to mitigate them.
Adhere to public sector financial regulations, GFR (General Financial Rules), GST, and TDS.
Coordination & Reporting:
Maintain a database of government payment portals (GeM, Ariba, CPPP) and track payments.
Job Type: Full-time
Pay: ₹25,000.00 - ₹40,000.00 per month
Benefits:
Provident Fund
Schedule:
Day shift
Supplemental Pay:
Yearly bonus
Work Location: In person
Assist in drafting, reviewing, and managing commercial contracts and agreements.
Ensure contracts comply with legal requirements and company policies.
Maintain accurate records of contract timelines and milestones.
Payments Follow-up & Receivables Management:
Track outstanding payments and follow up with clients.
Assist in preparing and submitting invoices with supporting documents.
Coordinate with internal teams to resolve payment discrepancies.
Update payment status reports and aging analysis.
Government Liaison & Documentation Support:
Liaise with government finance departments for payment processing.
Prepare financial documents, including tax invoices and performance guarantees.
Ensure timely submission of paperwork as per contract terms.
Work with State Treasury Portals, Public Sector Bank Payment Mechanisms, and Letters of Credit (LCs).
Customer Relationship Management:
Communicate with clients to understand their needs and provide relevant support.
Ensure timely resolution of customer queries in collaboration with internal teams.
Financial and Administrative Support:
Assist in preparing reports and financial reconciliation.
Support invoicing, payments, and bank guarantee preparation.
Submit documents and handle reconciliation activities.
Travel to client locations within and outside Maharashtra as required.
Compliance & Risk Management:
Ensure adherence to commercial policies, procedures, and relevant regulations.
Identify potential risks in contracts and proposals and work with senior management to mitigate them.
Adhere to public sector financial regulations, GFR (General Financial Rules), GST, and TDS.
Coordination & Reporting:
Maintain a database of government payment portals (GeM, Ariba, CPPP) and track payments.
Job Type: Full-time
Pay: ₹25,000.00 - ₹40,000.00 per month
Benefits:
Provident Fund
Schedule:
Day shift
Supplemental Pay:
Yearly bonus
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Commercial Officer position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.