Job Description

Job Role: Team Member Money, Materials & Compliances

Job Role ID: -

SECTION I: BASIC INFORMATION ABOUT THE JOB ROLE

Job Role Variant: Team Member Money, Materials & Compliances

Manager Job Position: Team Lead Money, Materials & Compliances

Job Position ID: -

Value Stream: MM&C;

Job Family: MM&C;

Sub-Job Family: MMC - Business Partnership

Grade/Level: -

Location: -

SECTION II: PURPOSE OF THE ROLE

To operationally implement the strategy of Money Materials & Compliances with respect to Accounting & Reporting, Direct & Indirect Taxation, Treasury, Audits & Insurance, Procurement & Contracts, Legal in order to align objectives, manage business finance, control costs, prevent asset or financial loss, mitigate risks, drive & monitor internal & external compliances to the policies, systems & processes across the respective businesses thus facilitating business continuity towards the fulfillment of Annual Operating Plan (AOP) within the limits of RIL's processes, policies & budgets

SECTION III: KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE





Responsibilities

Policies, Processes & Procedures

Collaborate with MMC P&L; leader under the guidance of Team Lead to develop and implement financial business plans for the P&L;, considering financial objectives, growth strategies, and market dynamics
Provide implementation support for cost control measures to optimize spending, minimize wastage, and improve overall financial efficiency within the team and across projects
Facilitate monthly Tax Deducted at Source (TDS) payments to ensure the calculated tax liability is deposited on time to the government treasury
Verify monthly and quarterly TDS/TCS data meticulously, and promptly communicate any discrepancies or queries to the relevant users for resolution.
Validate vendor/customer PAN on income tax portals, prepare and file returns on Income Tax Portals, download applicable Income Tax notices, and submit requests for TDS/TCS certificate download on TR

📌 Team Member (Navi Mumbai)
🏢 Reliance Industries
📍 Navi Mumbai