Lead Commercial COE & Contract Management

Job Title: Associate Vice President Lead Commercial COE and Contract Management

Reporting Relationship: Head Transformation, Assurance and Compliance (Finance)

Purpose: This role will report to the Head Transformation, Assurance and Compliance and will lead the Commercial Centre of Excellence and Contract Management. The role will assist in developing a robust procurement assurance system to ensure adherence to procurement processes.The role is also responsible for leading the coordination on greenlighting initiatives in close collaboration with Commercial and Business Finance teams. Additionally, the position will establish systems and monitoring mechanisms to track compliance with contractual commercial terms, identify deviations, and ensure timely escalation and resolution.

Education:M Com, MBA Finance (preferably LLB) | Location: Mumbai

Business/ Channel/ Function: Finance and Accounts

Experience: 12 to 14 years

Key Responsibilities:

• Review of all procurement processes for content as well as non-content, review of open PRs/POs, TATs, Exception Management, system issues resolutions, scheduling production audits (Digital, Set, Spikes).
• Ensure readiness for and successful completion of, internal audits, SPE and SOX audits by strengthening key controls, maintaining audit trails, coordinating with internal and external auditors, and driving timely closure of audit observations.
• Design, develop, and implement a robust procurement assurance framework, including preparation and periodic review of standard operating procedures (SOPs), process guidelines, and control documentation to ensure strict adherence to approved procurement policies and delegated authority matrices.
• Provide cost inputs for greenlighting initiatives in close collaboration with Commercial and Business Finance teams.
• Implement structured systems and control mechanisms to proactively monitor adherence to contractual commercial terms, including pricing, payment milestones, revenue share arrangements, deliverables, performance obligations, and timelines.
• Ensure periodic reconciliations between contractual commitments and actual execution, identify financial or operational deviations, quantify potential impact, and trigger corrective actions. Define escalation protocols, coordinate with Commercial, Legal, Finance, and Business teams for timely resolution of exceptions, and maintain proper documentation and audit trails to support governance, transparency, and compliance.
• Establish and maintain effective trackers, dashboards, and reporting mechanisms to monitor procurement activities, contract approvals, exceptions, and compliance status, and to provide regular updates to senior management and key stakeholders.

Other responsibilities:

• Ensuring efficient operation of the team maintain and improving TAT, overall cost of operations, adoption of best practices and driving automation.
• Awareness of tech architecture, ensuring single source of truth, adequacy of data capture which enables strong data analytics.
• Establish and improve SOPs, policy documentation and checklists.
• Team management -assessing current and expected skill requirements, building capability through training programs, monitoring deliverables and achievement against targets, regular interaction with team members and stakeholders.

Critical Competencies:

• Behavioural
• Strong communication and interpersonal skills
• Analytical mindset and structured problem-solving
• High attention to detail and accuracy
• Stakeholder coordination and service orientation
• Ability to work collaboratively across teams

• Technical
• Solid understanding of Media content acquisition
• Strong Excel and MIS capabilities
• Understanding of P2P and expense management processes

Why join us?

CulverMax Entertainment Pvt Ltd (Formerly known as Sony Pictures Networks India) is home to some of Indias leading entertainment channels such as SET, SAB, MAX, PAL, PIX, Sony BBC Earth, Yay!, Sony Marathi, Sony SIX, Sony TEN, SONY TEN1, SONY Ten2, SONY TEN3, SONY TEN4, to name a few!

Our foray into the OTT space with one of the most promising streaming platforms, Sony LIV brings us one step closer to being a progressive digitally led content powerhouse.

Our independent production venture- Studio Next has already made its mark with original content and IPs for TV and Digital Media.

But our quest to Go Beyond does not end there. Neither does our search to find people who can take us there.

We focus on creating an inclusive and equitable workplace where we celebrate diversity with our Bring Your Own Self Philosophy. We strive to remain an Employer of Choice and have been recognized as:

- Indias Best Companies to Work For 2021 by the Great Place to Work Institute.

- 100 Best Companies for Women in India by AVTAR & Seramount for 6 years in a row - UN Women Empowerment Principles Award 2022 for Gender Responsive Marketplace and Community Engagement & Partnership

- ET Human Capital Awards 2023 for Excellence in HR Business Partnership & Team Building Engagement

- ET Future Skills Awards 2022 for Best Learning Culture in an Organization and Best D&I Learning Initiative.

The biggest award of course is the thrill our employees feel when they can Tell Stories Beyond the Ordinary!