Manager- Business Performance

Torq Commodities; Thane; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Torq Commodities invites applications for a Trade Finance & Operations role based in Maharashtra. The incumbent will own MIS reporting, trade volumes tracking, and P&L reporting across monthly, bi-annual, and annual cycles.

Collaboration with treasury, risk, and operations teams is essential to manage cash flows and hedging activities. The role emphasizes strong accounting support, documentation discipline, and liaison with buyers/suppliers.

Qualifications

• MBA from Tier 1/2 institutes is preferred.

Responsibilities

• Create and maintain MIS reports (weekly, monthly, bi-annual, annual).
• Track trade volumes by grade and origin.
• Maintain reports for monthly, bi-annual, and annual tracking.
• Generate trade P&L reports (proforma and actual).
• Track overall trade P&L monthly, bi-annually, and annually; trader-wise P&L monthly, bi-annually, and annually.
• Monitor buyer-wise trade volumes, payment performance, and credit exposure.
• Track supplier-wise trade volumes, shipment performance, and quality claims.
• Track inventory (sold-unpaid & unsold) by location, grade, and origin; assess cost and MTM value of inventories.
• Invoicing & Accounts management; ensure documentation for all transactions; support treasury.”
• Hedging & risk management support; work with risk team to allocate hedging positions to physical trades; ensure accurate P&Ls.
• Accounting & audit support; assist with bookkeeping data; support auditors during year-end audits.

Education

MBA from Tier 1/2 institutes

Job description

Key Responsibilities

• 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
• Track trade volumes by grade and origin
• Maintain reports for Monthly, Bi-Annual, and Annual tracking
• 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
• Buyer Performance Tracking:
• Monitor buyer-wise trade volumes, payment performance, and credit exposure
• Supplier Performance Tracking:
• Track supplier-wise trade volumes, shipment performance, and any quality claims
• 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

• Invoicing & Accounts Management:
• Managing invoicing, accounts receivable, and accounts payable
• Ensure accurate documentation for all transactions
• 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
• 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
• 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

• 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)