Reliance Industries Limited Hiring for Team Member – FC&A at Navi Mumbai, Maharashtra, India Full Time

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.