Business Management Associate

Larsen & Toubro


Date: 3 weeks ago
City: Remote, Remote
Contract type: Full time
Remote
  • Role Purpose: To support end-to-end contract management activities across multiple business verticals, ensuring timely billing, accurate revenue recognition (POC), effective collection follow-ups, and compliance with contractual and financial requirements in defence and aerospace programs
  • Key Responsibilities
  • Maintain contract data: milestones, payment terms, BG details, and key clauses
  • Track milestones and process progress billing (PB) and tax invoices
  • Support POC-based revenue and margin tracking in coordination with finance
  • Monitor receivables and follow up for timely collections
  • Track risks such as LD, ECL, and cost overruns
  • Maintain BG records and monitor expiry/renewals
  • Prepare MIS reports for monthly/quarterly reviews
  • Qualifications & Experience
  • Graduate/Postgraduate in Commerce / Finance / Management
  • 2–6 years of experience in contract management / billing / commercial roles
  • Experience in handling defence customer
  • Key Skills
  • Understanding of billing, contracts, and commercial processes
  • Basic knowledge of POC and GST
  • Proficiency in MS Excel / ERP / SAP
  • Strong coordination and follow-up skills
  • KPIs
  • Timely billing and reduced delays
  • Collection efficiency
  • Accuracy in contract data and reporting

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