Team Member - FC&A

Reliance Industries Limited


Date: 8 hours ago
City: Navi Mumbai, Maharashtra
Contract type: Full time
The Lead would be responsible to ensure timely completion of activities related to process validation of Orders and all statutory requirements, budgetary control MIS, other system related Issues. Will Provide commercial support for seamless functioning thru inputs on direct tax, indirect tax, finance, legal matters, and Tax Optimization.

Key Responsibilities

  • Review and validation of Purchases orders and contracts from commercial and finance perspective.
  • Ensuring optimization of taxes & duties through the knowledge of both direct and indirect taxation.
  • Tax optimization for Package Items/ Construction contracts/Work Contracts.
  • Provide commercial support to Procurement Team for various special jobs like job work/fabrication of spools.
  • Direct tax and international tax advice for Foreign Contracts.
  • Finalization and validation of terms of contracts to ensure adherence to RILs standard policies.
  • Coordinate with IDT/DT teams for taxation issues in relation to procurement.
  • Work Order, Purchase Order, Commitment letter and LOIs issued as per approvals. Verify standard procedures of RIL and DOA, deal with deviations as per guidelines.
  • Comparing rates (based on SAP material code, where total purchase value for given item is significant) awarded in other purchase orders.
  • PF/Other applicable labour law compliances/ Insurance as per corporate guidelines have been incorporated in the PO/WO.
  • Reviewing stock levels, consumption trends, cost benefit analysis for purchase vs leasing etc.
  • Analyze/ Validate cost plus mark-up estimates prepared by the procurement team by validating assumptions and understanding the business needs.
  • Review requirement of advances/ SBLC etc.
  • Supervise and guide team members to achieve the above
  • Prepare periodic MIS as per management guidelines.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Group Assistant Manager - Business Development Analyst

DP World, Navi Mumbai, Maharashtra
2 days ago
Job Description JOB ACCOUNTABILITIESProject EvaluationSupport the Economic Zone teams at head office, region, business unit in the pre-evaluation and evaluation of economic zone projects, namely with respect to commercial evaluation. Prepare concept notes for new projects post pre-evaluation of these new projects. Market IntelligencePrepare monthly market intelligence reports which will provide relevant information capable of impacting our economic zone projects....

Junior QA and Tech support Engineer

Milliman, Navi Mumbai, Maharashtra
6 days ago
Junior QA Engineer DutiesFunctional and Non-Functional Testing: Conduct thorough functional and non-functional tests to ensure software meets functional specifications and performance standards. Test Case Design: Design, develop, and maintain detailed test cases and test scripts based on software requirements, user stories, and technical specifications. Bug Reporting: Identify, document, and track defects in the software using bug-tracking tools. Work with development...

Python AWS Developer

Prometteur Solutions Pvt. Ltd., Navi Mumbai, Maharashtra
6 days ago
Company DescriptionWe at Prometteur Solutions Pvt. Ltd. are a team of IT experts, who came with a promise of delivering technology-empowered business solutions. We provide world-class software and web development services that focus on playing a supportive role to your business and its holistic growth. Our highly-skilled associates and global delivery capabilities ensure the accessibility and scale to align client's...