Commercial Executive/Senior Executive

Fabindia; Chennai District; On-site; INR 600,000 - 800,000; Full time

Job summary

Fabindia in Chennai seeks a Commercial Executive/Senior Executive to support commercial finance activities. The role involves preparing store-wise MIS, budget versus actual analysis, and monitoring store performance. You will ensure statutory compliance and coordinate with HO and vendors for invoices and payments, including SAP entries for assets and leases.

The candidate should have strong communication, financial planning knowledge, and MS Excel skills to handle multiple tasks across projects.

Qualifications

• Experience in financial planning or business finance.
• Excellent written and oral communication.
• Strong MS Excel proficiency.
• Ability to manage multiple tasks across projects.

Responsibilities

• Prepare store-wise MIS and analyze budget vs actual.
• Review store performance and ensure statutory compliance.
• Coordinate with HO and vendors for invoices and payments.
• Maintain SAP entries for asset, lease, and SRN.
• Assist in lease-related documentation and audits.

Skills

MS Excel

Written & Verbal communication

Financial planning

Analytical skills

Multitasking

Education

Bachelor's in Finance/Accounting

Tools

SAP

Job description

JOB TITLE: Commercial Executive/ Senior Executive

REPORTS TO: AM - Commercial

LOCATION: Chennai

POSITIONS OBJECTIVE: (Brief on positions objective)

Role & responsibilities

• Preparing store wise MIS
• Comparison of Budget vs actual
• Review store wise performance.
• Regular monitoring & get legal compliance completed on time
• Make sure SOPs are followed
• Suggest and implement cost optimisation processes/activities
• Closely coordinate with HO for market related ask and vice versa.
• AR Reconciliation, Utility payment process
• Vendor Invoice accounting
• GRN/SRN processes
• Statutory license & Compliances
• Quarterly store Audits and calculation of Inventory recovery storewise
• Preparation of MIS and provision and providing data required by HO and resolving audit queries
• Coordinating with consultants for compliances and the notices received in store
• Asset sale, scrap and transfer entry in SAP
• Drafting of the Lease agreement and coordination with Legal team and Landlord for lease registration
• Renewal of Lease and HK -Security agreements
• Doing SRN for Rent and CAM and preparation of F&F during store closure
• Refund, New EDC machine request , Cash pickup and digital payment ( Paytm) machine request

Knowledge & Skills:

• Business Finance or Financial Planning
• Eye for details and must have excellent communication (written and oral skills)
• Client service oriented
• Good analytical skills and must be proficient in MS excel
• Capable of following through on multiple projects and handling multiple tasks