Job Description
About the job:
Job Purpose
The objective of Project Contracting/Commitment Support to the P&C division of any Capex in project is for its seamless functioning thru inputs on direct tax, indirect tax, finance, legal matters, and Tax Optimization.
He would be responsible to ensure timely completion of activities relating to process validation of Orders and ensuring all commitments to external vendors are made as per policies and guidelines set by the management
Responsible for working with business and other departments in the FC&A function within the company to ensure optimization of direct and indirect tax impact
Job Accountabilities (duties and responsibilities)
1. Review and validation of Construction contracts/Work Contracts/Field Procurement/Non PO based commitments from commercial and finance perspective.
2. Ensuring optimization of taxes & duties through the knowledge of both direct and indirect taxation
3. Provide commercial support to Procurement Team for various special jobs like job work/fabrication of spools.
4. 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. Any Amendment of orders or delivery extension shall be as per the approved DOA.
5. Validation of Comparative Statement, along with terms and conditions of quotations received, internal file note is uploaded in SAP by the P&C group
6. Comparing rates (based on SAP code) from the past awarded contract, where total purchase/ service value for given item is significant.
7. PF/Other applicable labour law compliances/ Insurance as per corporate guidelines have been incorporated in the PO/WO.
8. Adherence to applicable Statutory / Regulatory compliances
9. Proper recording of expenditure in appropriate accounting head at ordering stage
10. Validation of General Ledger Account/Cost Centre/Fund Centre/Commitment Item/ Work Breakdown Structure/Account assignment.
11. Review requirement of advances/ SBLC etc.
12. Prepare periodic MIS as per management guidelines
Skills Required (Knowledge and Skills)
1. Knowledge of Indirect taxation (GST Act and Rules) and direct taxes
2. Working knowledge of Accounting, Commercial laws, Contract & Other Laws
3. Preferably Hands on knowledge of SAP MM and FICO Module.
4. Interact with Procurement and Project team to resolve issues.
5. Laws relating to contracting, arbitration.
Analytical thinking, Creativity and Process Oriented
Skills to Interact with Procurement and Project team to resolve issues
Time management skills and result oriented.
Key Attributes (Experience and Qualifications)
1. CA/ ICWA with 10+ years work experience
2. Experience in Accounts payable/payments validation or commercial department.
3. Knowledge of procurement and contracting process.
4. Good Analytical Ability/Commercial Acumen.
Who can apply:
Only those candidates can apply who:
• have minimum 10 years of experience
Salary:
Competitive salary
Experience:
No experience required
Deadline:
2026-04-19 23:59:59
Job Purpose
The objective of Project Contracting/Commitment Support to the P&C division of any Capex in project is for its seamless functioning thru inputs on direct tax, indirect tax, finance, legal matters, and Tax Optimization.
He would be responsible to ensure timely completion of activities relating to process validation of Orders and ensuring all commitments to external vendors are made as per policies and guidelines set by the management
Responsible for working with business and other departments in the FC&A function within the company to ensure optimization of direct and indirect tax impact
Job Accountabilities (duties and responsibilities)
1. Review and validation of Construction contracts/Work Contracts/Field Procurement/Non PO based commitments from commercial and finance perspective.
2. Ensuring optimization of taxes & duties through the knowledge of both direct and indirect taxation
3. Provide commercial support to Procurement Team for various special jobs like job work/fabrication of spools.
4. 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. Any Amendment of orders or delivery extension shall be as per the approved DOA.
5. Validation of Comparative Statement, along with terms and conditions of quotations received, internal file note is uploaded in SAP by the P&C group
6. Comparing rates (based on SAP code) from the past awarded contract, where total purchase/ service value for given item is significant.
7. PF/Other applicable labour law compliances/ Insurance as per corporate guidelines have been incorporated in the PO/WO.
8. Adherence to applicable Statutory / Regulatory compliances
9. Proper recording of expenditure in appropriate accounting head at ordering stage
10. Validation of General Ledger Account/Cost Centre/Fund Centre/Commitment Item/ Work Breakdown Structure/Account assignment.
11. Review requirement of advances/ SBLC etc.
12. Prepare periodic MIS as per management guidelines
Skills Required (Knowledge and Skills)
1. Knowledge of Indirect taxation (GST Act and Rules) and direct taxes
2. Working knowledge of Accounting, Commercial laws, Contract & Other Laws
3. Preferably Hands on knowledge of SAP MM and FICO Module.
4. Interact with Procurement and Project team to resolve issues.
5. Laws relating to contracting, arbitration.
Analytical thinking, Creativity and Process Oriented
Skills to Interact with Procurement and Project team to resolve issues
Time management skills and result oriented.
Key Attributes (Experience and Qualifications)
1. CA/ ICWA with 10+ years work experience
2. Experience in Accounts payable/payments validation or commercial department.
3. Knowledge of procurement and contracting process.
4. Good Analytical Ability/Commercial Acumen.
Who can apply:
Only those candidates can apply who:
• have minimum 10 years of experience
Salary:
Competitive salary
Experience:
No experience required
Deadline:
2026-04-19 23:59:59
💡 Quick Summary
Seeking a career-building opportunity? The Team Lead - Finance position is now open for candidates interested in the Finance sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.