CA Commercial Finance (Noida)

• CA Commercial Finance (Noida)
• Company: Credgenics
• Job Location: Noida, Uttar Pradesh, India
• Employment Type: Full-time
• Experience Required: 5 - 6 years
• Role Summary

We are looking for a commercially sharp Chartered Accountant to join our Finance team as a key business partner to operations, procurement, and leadership. The role is anchored in commercial finance driving cost discipline through rigorous benchmarking, leading vendor negotiations with data-backed insights, and partnering with business units to translate financial analysis into strategic decisions. This is a high-visibility role with direct exposure to senior management.

• Key Responsibilities
• 1. Vendor Negotiation & Procurement Finance
• Lead end-to-end commercial negotiations with vendors, service providers, and contractors covering pricing, payment terms, SLAs, and penalty clauses.
• Build and maintain TCO (Total Cost of Ownership) models to evaluate vendor proposals beyond headline rates.
• Develop negotiation briefs for procurement teams, including BATNA positions, market intelligence, and financial risk assessments.
• Review and redline commercial terms in vendor contracts with a focus on payment schedules, escalation clauses, and indemnity exposure.
• Track and report savings realised vs. targets, presenting outcomes to HoD and procurement leadership on a monthly basis.
• Establish preferred vendor frameworks and rate cards across major spend categories.
• 2. Cost Benchmarking & Analytics
• Design and maintain a cost benchmarking repository across all major spend categories capex, opex, manpower, logistics, and technology.
• Conduct peer benchmarking using industry databases (CRISIL, Bloomberg, market surveys) to assess competitiveness of existing contracts.
• Develop price indices and inflation-adjusted cost trackers to support renegotiation triggers and budgetary planning.
• Identify cost outliers and variance drivers; prepare deep-dive analyses with actionable recommendations for leadership.
• Collaborate with category owners to translate benchmarking findings into sourcing strategies and contract structures.
• 3. Business Partnering & FP&A;
• Partner with business unit heads to provide financial insights that support pricing decisions, new business bids, and product profitability analysis.
• Own the monthly MIS for commercial spend tracking actuals vs. budget with commentary on variance and forward-looking risks.
• Lead the annual operating expense budget process for commercial functions, including zero-based budgeting exercises.
• Build financial models for current initiatives, capex proposals, and make-vs.-buy decisions.
• Support HoD with board-level presentations on cost performance, savings pipeline, and commercial risk exposures.
• 4. Commercial Controls & Compliance
• Ensure all vendor engagements are aligned with the company's delegation of authority (DoA) and procurement policy.
• Review commercial terms in agreements for GST, TDS, and related tax implications; coordinate with the tax team for structuring inputs.
• Maintain a contract repository with key commercial milestones, renewal dates, and performance triggers.
• Support internal and statutory audit requirements related to vendor payments, advances, and contract documentation.
• Drive continuous improvement in commercial processes standardising templates, approval workflows, and policy adherence.
• Qualifications & Experience Mandatory
• Chartered Accountant (ICAI)
• 56 years of post-qualification experience, with at least 4 years in commercial finance role.
• Demonstrable experience in vendor negotiations and/or commercial finance functions.
• Strong working knowledge of cost benchmarking methodologies and procurement finance.
• High intent and high integrity is the first basic requirement. Preferred
• Prior experience in sectors such as financial services, fintech, manufacturing, FMCG, or infrastructure.
• Exposure to ERP systems (Zoho/Zoho Books/other SaaS products) and procurement platforms.
• Experience working in a Big 4 / mid-tier audit firm followed by an industry stint.
• Understanding of indirect tax (GST) implications in vendor contracts. .