Auction Operations Executive – Contractual

mjunction services ltd

Hyderabad

On-site

INR 500,000 - 800,000

Full time

4 days ago
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Job summary

mjunction services ltd in Hyderabad, India, invites applications for a 1-year contractual role focused on auction operations. You will coordinate with client teams, maintain the auction calendar, coordinate lot readiness, approvals and scheduling, ensuring timely closure.

You will track buyer payments, DO issuance and lifting status, manage ageing, flag delays and escalate as needed. You will build strong client relationships and serve as the single point of contact, delivering timely MIS

Job description

This is a 3rd party contractual role for 1 year.

Key Responsibilities
1. Auction Planning & Scheduling – Primary
  • Coordinate with client teams to understand upcoming disposal requirements.
  • Prepare and maintain the auction calendar / auction pipeline.
  • Coordinate lot readiness, approvals, catalogue preparation and auction scheduling.
2. Payment & Lifting Tracking – Primary
  • Closely track buyer payments against auctioned lots.
  • Follow up on pending payments and coordinate resolution of payment-related issues.
  • Track DO issuance, validity and material lifting status.
  • Maintain lot-wise ageing of pending payments and lifting.
  • Proactively flag delayed payments, delayed lifting and potential escalations to Client.
  • Coordinate with client site teams, buyers and mjunction operations for timely closure.
3. Stakeholder Management
  • Develop and maintain relationships with key client stakeholders at corporate and site levels.
  • Act as the single point of contact for day‑time coordination.
4. MIS & Reporting
  • Maintain a daily/weekly dashboard covering:
  • Upcoming auctions
  • Auction status
  • Payment status
  • Pending payments / ageing
  • DO status
  • Unsold lots
  • Key issues
  • Share regular MIS with client and internal management.
  • Highlight exceptions requiring management intervention.
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