Job Purpose:
The role is responsible for the end-to-end management of the Provident Fund (PF) Trust, ensuring compliance with statutory regulations, productive fund administration, timely reporting, and governance of trust-related activities. The incumbent will act as a liaison between employees, trustees, regulatory authorities, and internal stakeholders.
Job Context & Major Challenges:
Job Context:
PF Trust for Jayashree Textiles (JST) and the Insulators business is jointly managed by a resource. JST has relatively large stake in PF Trust Management on account of the volume of members. This requires a thorough understanding of laws, processes and seamless execution for a perfect employee experience
Major Challenges:
Large volume
Offline-Trust
Changing Legal landscape and continuous updation required in terms of rules

Accountability
Supporting Actions
Trust Governance & Compliance
Ensure strict adherence to PF Trust Rules, Trust Deed, and bylaws under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952, and related schemes (EPF, EPS),




Manage statutory obligations related to exempted PF trusts.
Ensure timely filing of PF Trust returns, statutory submissions, and disclosures.
Coordinate with EPFO, auditors and other stakeholders, for regulatory for inspections and approvals.
Ensure adherence to investment guidelines prescribed by EPFO/MoF.
Maintain proper documentation, trust deed updates, and board resolutions.

PF Trust Operations - Managing member Accounts & Settlements
Manage member accounts, including:
Accurate Contributions posting
Accurate Interest calculation
Withdrawals, transfers, pension claims
Ensure timely settlement of employee claims – withdrawals, transfers and settlements
Ensure reconciliation of member balances with trust books.

Fund Management & Investments
Ensure investments are made as per EPFO investment guidelines
Liaise with fund managers, banks, and institutions for investment execution.
Monito

📌 Front Line Officer Rishra
🏢 Textiles
📍 Rishra