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Job Description
- Pre Tendering Activities - Reviewing and evaluating the customer terms and arranging for relevant internal approvals based on the Limits of Authority (LoA) and, business risk class, Credit Admin process. Ensuring that all the process related compliances are met with respect to offer compilation. Well versed with PM tools like LoA tool and PM processes like LoA approvals and documentation. Support during tender / offer stage in LoA, Credit Admin approvals, EMD, Bid Bonds etc. along with coordination with corporate departments. Ensuring compliance to the PM@Siemens guidelines. Discussions with corporate departments viz, taxes, insurance, Legal, Finance, CFR etc and ensure inclusion of their feedback in the offer calculations to achieve a comprehensive bid preparation.
- Order Acquisition - Participate in commercial discussions and actively involved in order acquisition phase analyzing customer’s requirements, examine their commercial and contractual feasibility into an offer. Ensure order booking in line with approved CF, LoA and IFRS guidelines. Drive the review and evaluation of the contract conditions, ensures alignment with Legal.
- Order Execution - Timely issuance of Proforma Invoice and collection of advance, Review of revenue plan, ensure to establish the LC as per the contractual terms and timely submission of PIDI in PEGA, Timely submission of LC documents to Bank and dispatch documents to customer. Documentation of Third Country Shipments, High Sea Sales, Deemed Exports and concessional GST transactions. Creation of bank guarantees as per the contract. Co-ordination between BU and Customer.
- Receivable Management – Periodic receivable review, plan monthly collection and ensure overdue at month ends are bare minimum. Continuous follow-up and liquidation of debtors according to the terms of payments, reconciliation of accounts, follow-up of expired BGs and EMD’s, in order to improve the cash collections for the office. Collection of TDS certificates. Visits to Customers to resolve their grievances and collection follow ups to ensure win-win situation.
- Risk Management – Identifying the LD and Bad Debts risk. Review quarterly provision / PAS and ensure adequate provisions are available.
- MIS – Monthly reporting of order intake, revenue, debtors, EMD, Advance for the region. Providing detailed liquidation plan for debtors and EMD, BGs and Advance. Maintaining monthly collection update for the region. Addressing audit queries whenever required. Ensure regular UoV review to ensure clean and executable order reflects in the book.
- You are a Bachelors’ in Commerce or Business Management with 4 to 8 years of experience
- You possess positive attitude and never give up in the face of adversity
Looking to get Placed? Try our Placement Guarantee Plan
- Team Player
- Eager to learn new things
- Excellent MS Office (excel and power point) skills
- Good Communications Skills”
Skills
AuditComplianceAcquisitionReconciliationAccountsDocumentationReviewTaxesReportingIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Siemens Limited is a leading technology company with a focus on electrification, automation, and digitalization. As one of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens Limited is a pioneer in infrastructure and energy solutions, as well as automation and software for industry. Siemens Limited careers offer a world of opportunities for professional growth in a forward-thinking and innovative environment. Employees are encouraged to work on groundbreaking projects that address complex challenges faced by industries and societies worldwide. Siemens Limited careers span across various disciplines, including engineering, IT, business management, and more, providing a platform for individuals to contribute to a sustainable future while advancing their personal and professional development.
Important dates & deadlines?
Application Deadline
12 Apr 24, 06:35 PM IST
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