Manager- Business Performance

TORQCOMMODITIES; Navi Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

TORQCOMMODITIES is seeking a capable finance professional to manage MIS reporting and trade finance workflows in a commodity trading environment.

You will oversee accounting functions, support treasury operations, monitor P&L across cycles, and ensure accurate documentation for all trades and settlements. Aimed at candidates with MBA background and sector experience, the role offers growth in a dynamic trading house.

Qualifications

• MBA from a tier 1/2 institute.
• Experience in trade finance within a commodity trading house is preferred.
• Exposure to treasury and financial control processes is beneficial.

Responsibilities

• Create and maintain MIS reports: weekly, monthly, bi-annual and annual timelines.
• Track trade volumes by grade and origin; maintain monthly, bi-annual and annual reports.
• Generate trade P&L reports (proforma and actual) and monitor trader-wise P&L on multiple cycles.
• Monitor buyer and supplier performance including volumes, payments and quality issues.
• Oversee inventory management: location, grade and MTM valuation; track sold/unpaid inventories.
• Handle invoicing, accounts receivable/payable and ensure accurate transaction documentation.
• Support Treasury with cash flow, document controls and margins reporting to CEO.
• Assist hedging and risk management with hedging positions and P&L accuracy.
• Coordinate with Audit and Accounting teams for year-end documentation and compliance.

Skills

Trade finance

MIS reporting

Financial analysis

Accounts receivable/payable

Budgeting

Education

MBA

Job description

Key Responsibilities

MIS & Reporting:

1. Create and maintain Management Information System (MIS) reports:

• Weekly reports - Every Monday

• Monthly reports - Within 2 days of the new month

• Bi-Annual reports - Within 1 week of period-end

• Annual reports - Within 2 weeks of year-end

1. Trade Volume Tracking:

• Track trade volumes by grade and origin.
• Maintain reports for Monthly, Bi-Annual, and Annual tracking.

1. Trade Profit & Loss (P&L) Analysis:

• Generate trade-wise P&L reports (Proforma and Actual).

• Track overall trade P&L - Monthly, Bi-Annually, Annually.

• Track trader-wise P&L - Monthly, Bi-Annually, Annually.

1. Buyer Performance Tracking:

• Monitor buyer-wise trade volumes, payment performance, and credit exposure.

1. Supplier Performance Tracking:

• Track supplier-wise trade volumes, shipment performance, and any quality claims.

1. Inventory Management:

• Track inventory (sold-unpaid & unsold) by location, grade, and origin.

• Assess cost value and mark-to-market (MTM) value of inventories.

Financial Operations:

1. Invoicing & Accounts Management:

• Managing invoicing, accounts receivable, and accounts payable.

• Ensure accurate documentation for all transactions.

1. Supporting Treasury Team:

• Financing requests for the trade are the responsibility of the Trade Operation team and same to handled only through the ERP. You will be responsible to ensure that Trade Operation Team has provided all documents directly to Treasury Team. In case of delays beyond explanation from Trade Operations Team, the matter should be escalated to the CEO immediately.

• Provide all necessary supporting documents for all Trade related payments - Direct Trade Costs (payments to be executed by Treasury) e.g. suppliers, warehousing, freight etc.

• Provide all necessary supporting documents for all overheads, non-trade payments (payments to be executed by Treasury) e.g. Salaries, Travel, Audit Fees, Consultancy etc.

• Assist in cash flow generation by coordinating between business functions (Trades, Operations) and Treasury.

• Update CEO & Treasury on actual and expected margin calls.

1. Hedging & Risk Management Support:

• Work with the Risk Management team / Hedge Accountant to allocate hedging positions to physical trades.

• Ensure accurate determination of actual P&Ls for each trade.

1. Business Insurance Management:

• Ensure all business insurance policies are current and valid.

• Track expiry dates and coordinate with relevant team members for renewal terms.

Collaboration & Compliance:

1. Accounting & Audit Support:

• Assist the Accounting team with necessary data for bookkeeping.

• Support external auditors during year-end audits by providing required financial data and documentation in collaboration with Accounts team.

Preferred Candidate

MBA from TIER 1/2 Institutes

Relevant experience in a trade finance position preferably within a commodity trading house (Banking & Trade Finance Funds background also acceptable as long as there has been active interaction with the commodity trading companies on a regular basis on Trade Finance / Trade Operations)