| Job Title: | Commercial Officer | Location: | Mumbai |
| Department: | Commercial & Payments Recovery Department | Requirement: | Immediate |
| Employment Type: | Fulltime, Permanent | Industry Type: | B2B / B2G |
| Work Experience: | 2 + | CTC: | As per company Norms |
About Us:
Vijay Systems Engineers Pvt. Ltd. (VSE) is a leading manufacturer and exporter of passive fire protection systems offering a wide range of globally certified, environmentally-friendly Fire Stop Products. With over 40+ years of experience, we are known for our technical expertise, high-quality standards in passive fire protection.
As part of Vijay Group, having a 60+ year legacy in Fire, Safety, and Security, we have completed over 3,500 projects across India, Asia, Africa, and the Middle East. Our mission is to deliver cutting-edge solutions that enhance safety and support those who protect lives and property, with a vision for global growth and innovation.
Position Overview:
The Junior Commercial & Payments Recovery Executive will assist in tracking and recovering payments from government and institutional clients post-commissioning. The role involves contract management, financial reconciliation, compliance tracking, and customer relationship management. This position is ideal for candidates with foundational knowledge in accounts receivable, government procurement, and financial documentation.
Key Responsibilities:
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 & 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.
Coordination & Reporting:
- Maintain a database of government payment portals (Ariba, CPPP) and track payments.
- Generate reports on outstanding payments and escalate overdue cases.
- Support senior team members in handling payment escalations.
Key Skills and Qualifications:
- Education: B.Com / M.Com or a relevant qualification in Finance & Accounts.
- Experience: 2+ years of experience in accounts receivable, contract management, or payment recovery, preferably in B2G/B2B industries. Understanding of government procurement and payment cycles.
- Skills:
1. Proficiency in Microsoft Office (Word, Excel, PowerPoint) and familiarity with CRM software.
2. Proficiency in MS Excel