National Thermal Power Corporation (NTPC)
The Senior Executive (Commercial) position at NTPC is a key role in managing the commercial aspects of the company’s operations, with a focus on driving business development, contract management, procurement, and ensuring revenue generation. National Thermal Power Corporation Below is a detailed description of the position:
Position Title: Senior Executive (Commercial)
Total Vacancies: 8
Organization: NTPC Limited (National Thermal Power Corporation)
Job Location: Varies (based on NTPC’s operational areas)
Job Description:
The Senior Executive (Commercial) will be responsible for managing and overseeing the commercial functions, ensuring the company’s growth in the competitive energy sector. This role is primarily focused on business development, procurement, contract management, and financial management.
Key Responsibilities:
- Commercial Contract Management:
- Handle, review, and negotiate contracts and agreements with customers, suppliers, and vendors.
- Ensure compliance with the terms and conditions in all commercial contracts.
- Work closely with legal teams to resolve any issues in contracts.
- Revenue and Billing Management:
- Oversee billing and revenue recognition processes for services rendered by NTPC.
- Ensure accurate and timely invoicing and follow-up on outstanding payments.
- Prepare financial reports related to revenue, sales, and profitability.
- Business Development & Strategy:
- Identify new commercial opportunities to expand NTPC’s portfolio.
- Analyze market trends and competitive landscape to recommend strategies for growth.
- Manage relationships with key stakeholders, including clients, suppliers, and business partners.
- Tendering and Procurement:
- Lead the preparation and evaluation of tenders for new commercial ventures and procurements.
- Collaborate with procurement teams to ensure cost-effective and timely purchasing processes.
- Ensure the commercial viability of projects before approval.
- Negotiations & Communication:
- Negotiate terms and pricing with suppliers, contractors, and service providers to ensure favorable business conditions.
- Liaise with internal teams to ensure alignment with commercial objectives.
- Communicate effectively with external stakeholders and clients to resolve issues and enhance relationships.
- Financial & Analytical Support:
- Prepare financial analyses, projections, and reports for senior management.
- Monitor costs, expenses, and budget adherence in all commercial operations.
- Ensure that financial processes and reporting comply with NTPC’s internal controls and corporate governance standards.
- Compliance and Regulatory Oversight:
- Ensure compliance with government regulations, industry standards, and company policies in all commercial dealings.
- Keep abreast of changes in commercial laws, regulations, and market conditions that may impact NTPC’s operations.
Required Qualifications:
- Educational Qualifications:
- Essential: Full-time B.Tech/BE (in any discipline) or MBA/PGDM (with a focus on Marketing, Finance, or Operations) from a recognized university.
- Desirable: Post-graduate qualifications or certifications in commercial management, business administration, or related fields. National Thermal Power Corporation
- Experience:
- Minimum 3-5 years of relevant experience in a commercial or business development role, preferably in the power, energy, or industrial sectors.
- Demonstrated experience in managing contracts, tenders, procurement processes, and customer relations.
- Skills Required:
- Strong proficiency in Microsoft Office tools (Word, Excel, PowerPoint).
- In-depth knowledge of contract management, procurement, financial analysis, and commercial operations.
- Excellent communication, negotiation, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Ability to work under pressure and meet deadlines while managing multiple projects.
Age Limit:
- Typically, candidates should be between 35-45 years of age, though age relaxations may apply depending on specific circumstances or experience. National Thermal Power Corporation
Selection Process:
- Shortlisting: Applications will be screened based on qualifications, work experience, and relevance to the role.
- Written Test/Screening: Depending on the number of applications, NTPC may conduct a written test for eligible candidates.
- Interview: Shortlisted candidates will be called for an interview to assess their technical knowledge, commercial acumen, and overall suitability for the role.
How to Apply:
- Interested candidates must apply online through the official NTPC recruitment website or the designated portal for the position.
- Candidates must fill out the application form with the required personal, educational, and professional details.
- Attach scanned copies of necessary documents, including:
- Educational qualifications.
- Experience certificates.
- Age proof.
- Passport-sized photograph.
- Application Deadline: Please check the official notification for the exact last date to submit your application.
Important Notes:
- Ensure that the details provided in the application form are correct and verifiable.
- Only shortlisted candidates will be contacted for further stages of selection.
- The final selection will be based on the candidate’s performance in the interview and/or written test (if applicable).
For further details, candidates should refer to the official NTPC recruitment notification for Senior Executive (Commercial).
NTPC Limited offers a variety of job roles across different disciplines. Here are some of the recent job descriptions:
- Executive (LA/R&R/CSR): Experienced professionals on a fixed-term basis.
- Assistant Manager (Safety): Experienced professionals at E3 level.
- Deputy Manager (Project Erection/Construction): Experienced professionals at E4 level.
- Assistant Executive (Operations): On a fixed-term basis.
- Executive (Data Science/Data Engineering): On a fixed-term basis.
- GDMO & Medical Specialists: Experienced professionals.
- Assistant Manager (Finance): Experienced professionals at E3 level.
- Engineer (Operations): Experienced professionals in Electrical/Mechanical/Electronics/Instrumentation disciplines.
- Assistant Mine Surveyor: For Coal Mining area under NTPC Mining Limited (NML).
- Geologist: On a fixed-term basis.
These positions are part of various recruitment drives and are available on both permanent and fixed-term bases. Would you like more details on any specific roles
