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Director - Commercial. Steel Manufacturing Co.

Director - Commercial. Steel Manufacturing Co.

ConfidentialKolkata
27 days ago
Job description

Job Profile

  • Head of Sales & Marketing of products like MS Billets, DRI & Iron Ore Pellets
  • Responsible for sales budget, marketing strategy, and fund collection as per target
  • Administrative head of all commercial contracts & purchases including stores and secondary sales
  • Focus on cost optimization and sustainable cost reduction in commercial contracts across the plant
  • Conduct system study & improvements to ensure transparency and internal control in operations
  • Raw material plant feeding, storage, and inventory management
  • Reclamation and sorting of refractory material from used / rejected lots
  • Handled import-related issues including Advance Licence, DEPB, Duty Assessment, port clearance, and logistics
  • Managed secondary sales including sale of used refractories
  • Independently handled vessel load export of Iron Ore Fines from Port
  • Well-versed with commercial laws and Companies Act for commercial interpretations
  • Reviewed and vetted commercial terms of orders including payment terms, BGs, discounts, and commissions
  • Participated in coal block e-auction, evaluation, and bidding
  • Involved in project contract finalization and import procurements
  • Oversaw insurance for assets, directors' liability, Mediclaim, GPA, etc.
  • Initiated and introduced contract ideas with OEMs
  • Participated in FSA coal linkage auctions, iron ore mine auctions, and scrap sales
  • Handled auctions like ILC, FLC, LCBD; occasionally involved in supply chain affairs
  • Coordinated agreements with railway and port authorities
  • Managed in-plant railway siding operations, material handling & feeding operations
  • Oversaw captive iron ore mine contract management and logistics (road & rail)

Key Result Areas

  • Headed the Contract Cell for finance and commercial activities
  • Managed all outsourced services including internal & outbound logistics, railway siding operations, material handling, equipment engagement, mining operations, plant raw material feeding, civil contracts, repair & maintenance, manpower supply, O&M contracts, and consultant engagements
  • Growth Plans & Related Areas

  • Prepared financial models for growth projects with IRR, ROCE, ROIC, NPV, and break-even analysis
  • Strategized implementation of acquisition activities including zero-date planning and IT synchronization
  • Conducted scenario analysis, peer review, and risk statements
  • Oversaw valuation of investments, capital assets, liabilities, and working capital determination
  • Ensured tax and regulatory compliance
  • Planned future capital expenditure for plant modifications
  • Reduced losses via effective monitoring of demurrage, detention, penalties, and late charges
  • Monitored Capex implementation through SAP
  • Managed end-to-end product transactions and service delivery
  • Administered and reported monthly rolling forecasts, budget controls, variance and inventory analysis, and production variances
  • Developed KPIs and cost-saving initiatives through financial modeling
  • Managed treasury, Capex, Opex, and continuity planning
  • Provided insights into financial decision-making via planning, forecasting, and reporting
  • Ensured timely compliance with audits, statutory reporting, taxation, and legal obligations
  • Promoted organizational culture and values among staff and stakeholders
  • Accounts, Taxation, Board & Audit Committee Matters

  • Implemented Ind AS and modified SAP for GST
  • Managed fixed asset componentization and RPT reporting post-Companies Act 2013
  • Reported segment-wise financials for power business
  • Led consolidation of accounts and audit compliance
  • Suggested SAP modifications to ensure Internal Financial Controls (IFC)
  • Prepared MIS reports (quarterly / monthly / daily) and SEBI-compliant financial statements
  • Handled investment valuations and coordinated with internal and statutory auditors
  • Closed pending ATRs and prepared board notes and presentations
  • Managed transfer pricing, IT assessments, and appeals up to ITAT level
  • Collaborated with senior advocates on high-level tax appeal matters
  • Led preparation of annual business plans, financial projections, and Capex planning
  • Core Competencies

  • Strategic Sourcing
  • Procurement
  • Material Management
  • Logistics
  • Vendor Management
  • Cost Savings
  • Contract Negotiations
  • Commercial Operations
  • Team Building & Motivation
  • Strategic Planning & Leadership
  • Business / Financial Planning & Analysis
  • P&L Management
  • Budgeting / Forecasting / Cost Control
  • Accounting / Taxation / Audits / Internal Control
  • Management Reporting / Analysis
  • Working Capital Management
  • Technical Skills

  • SAP (FI & CO)
  • Tally
  • MS Office (Word, Excel, PowerPoint)
  • Skills Required

    Sales & Marketing, Marketing Strategy, Cost Optimization, Inventory Management

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    Director Commercial • Kolkata

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