Job
Description
As the Lead in this role, you will be responsible for ensuring the timely completion of activities related to process validation of orders and all statutory requirements, budgetary control MIS, and other system-related issues. You will provide commercial support to ensure seamless functioning by offering insights on direct tax, indirect tax, finance, legal matters, and tax optimization. Key Responsibilities: - Review and validate purchase orders and contracts from a commercial and finance perspective. - Ensure optimization of taxes and duties by leveraging knowledge of both direct and indirect taxation. - Implement tax optimization strategies for package items, construction contracts, and work contracts. - Provide commercial support to the Procurement Team for various special jobs such as job work and fabrication of spools. - Offer direct tax and international tax advice for foreign contracts. - Finalize and validate contract terms to ensure adherence to company policies. - Coordinate with IDT/DT teams on taxation issues related to procurement. - Verify that work orders, purchase orders, commitment letters, and LOIs are issued in compliance with approvals and standard procedures. - Compare rates awarded in purchase orders based on SAP material codes for significant purchase values. - Ensure that PF, other applicable labor law compliances, and insurance as per corporate guidelines are incorporated in purchase orders/work orders. - Review stock levels, consumption trends, and conduct cost-benefit analysis for purchase versus leasing decisions. - Analyze and validate cost plus mark-up estimates prepared by the procurement team by validating assumptions and understanding business needs. - Review the requirement for advances and SBLCs, among other financial instruments. - Supervise and guide team members to achieve the above responsibilities. - Prepare periodic MIS reports as per management guidelines. Qualifications Required: - Strong skills in review and validation, process improvement, financial statements, MIS, purchase orders, and statutory compliances. - Experience in providing commercial support and tax optimization across various types of contracts. - Knowledge of direct and indirect taxation, including international tax implications. - Ability to coordinate with different teams and ensure compliance with company policies and procedures. - Proficiency in analyzing financial data, cost-benefit analysis, and preparing MIS reports. (Note: No additional details about the company were provided in the job description.) As the Lead in this role, you will be responsible for ensuring the timely completion of activities related to process validation of orders and all statutory requirements, budgetary control MIS, and other system-related issues. You will provide commercial support to ensure seamless functioning by offering insights on direct tax, indirect tax, finance, legal matters, and tax optimization. Key Responsibilities: - Review and validate purchase orders and contracts from a commercial and finance perspective. - Ensure optimization of taxes and duties by leveraging knowledge of both direct and indirect taxation. - Implement tax optimization strategies for package items, construction contracts, and work contracts. - Provide commercial support to the Procurement Team for various special jobs such as job work and fabrication of spools. - Offer direct tax and international tax advice for foreign contracts. - Finalize and validate contract terms to ensure adherence to company policies. - Coordinate with IDT/DT teams on taxation issues related to procurement. - Verify that work orders, purchase orders, commitment letters, and LOIs are issued in compliance with approvals and standard procedures. - Compare rates awarded in purchase orders based on SAP material codes for significant purchase values. - Ensure that PF, other applicable labor law compliances, and insurance as per corporate guidelines are incorporated in purchase orders/work orders. - Review stock levels, consumption trends, and conduct cost-benefit analysis for purchase versus leasing decisions. - Analyze and validate cost plus mark-up estimates prepared by the procurement team by validating assumptions and understanding business needs. - Review the requirement for advances and SBLCs, among other financial instruments. - Supervise and guide team members to achieve the above responsibilities. - Prepare periodic MIS reports as per management guidelines. Qualifications Required: - Strong skills in review and validation, process improvement, financial statements, MIS, purchase orders, and statutory compliances. - Experience in providing commercial support and tax optimization across various types of contracts. - Knowledge of direct and indirect taxation, including international tax implications. - Ability to coordinate with different teams and ensure compliance with company policies and procedures. - Proficiency in analyzing financial data, cost-be
