Assistant Manager - Commercial

Marks and Spencer Reliance India Private Limited

Gurugram, India

Fresher

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Posted 3 days ago
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Job Description

Key Deliverables (Essential functions & Responsibilities of the Job):

Review, validate, and approve 3PL, transportation, warehousing, and packaging vendor invoices in line with contractual terms.
Cross-check billing against operational data (volumes, trips, manpower, SLAs) to ensure accuracy and compliance.
Track billing discrepancies, manage disputes, and ensure timely resolution with complete audit trails.
Ensure adherence to internal financial controls, procurement policies, tax laws, and statutory requirements.
Maintain accurate and up-to-date documentation for contracts, rate cards, and billing records.
Coordinate with internal and external auditors for reconciliations, validations, and audit queries.
Financial Planning, Budgeting & Controls
Lead annual cost budgeting for supply chain operations (transportation, warehousing, packaging, manpower, etc.).
Track actuals vs. budget, analyze variances, and recommend corrective actions.
Prepare and review monthly cost provisions and accruals for logistics and warehousing.
Partner with Finance on GL booking, PO validation, accrual roll-forwards, variance analysis, and month-end closures.
Cost Analytics & Optimization
Benchmark cost per unit (CPU) across regions, vendors, and channels to identify optimization opportunities.
Analyze spend patterns and drive cost-efficiency initiatives through benchmarking and process improvements.
Collaborate with Operations and Finance to implement cost-control measures without impacting service quality.
Drive continuous improvement in commercial governance and cost transparency across supply chain functions.
Vendor & Contract Management
Evaluate and manage vendors based on cost efficiency, service quality, and performance metrics.
Recommend vendors for new requirements through structured cost-benefit and performance analyses.
Drive vendor consolidation and rate optimization initiatives to improve commercial outcomes.
Manage the end-to-end contract lifecycledrafting, negotiation, execution, renewal, and closure.
Ensure SLAs, penalties, indemnities, and commercial clauses are clearly defined and contractually compliant.
Track contract validity, renewals, and ensure timely closure of full & final settlements through a centralized repository.
Reporting & Stakeholder Management
Develop and maintain monthly cost dashboards covering spend trends, CPU, vendor performance, and budget utilization.
Present commercial insights and recommendations to leadership.
Automate reporting using Excel-based models, Power BI, or similar BI tools.

Skills:

Proven expertise in commercial governance, billing validation, and financial controls
In-depth knowledge of supply chain cost structures, 3PL billing models, and vendor contracting
Proficient in SAP/ERP, advanced Excel, cost modeling, and BI tools (Power BI, Tableau)
Strong in analytics, negotiation, and cross-functional stakeholder management