The Subsidy Executive acts as the central coordinator between internal execution teams (Projects, Procurement, Finance) and external government bodies. The position focuses on preparing airtight technical-commercial applications, navigating bureaucratic evaluation channels, and successfully tracking fund disbursements to optimize corporate working capital.

Key Responsibilities
Scheme Identification & Feasibility
Track and analyze state and central policies related to industrial incentives, investment subsidies, export advantages, and sector-specific grants.
Evaluate upcoming corporate capital expenditures (CAPEX) to identify eligible subsidy schemes (e.g., PLI, capital subsidies, interest subventions, or duty drawbacks).
Conduct feasibility studies to determine the net financial benefits of schemes against their compliance costs.
Application & Documentation Management
Compile complex technical and financial dossiers required for subsidy registration, pre-approvals, and final claims.
Coordinate with engineering and procurement to gather equipment invoices,



chartered engineer certificates, and land utilization papers.
Draft project reports and business cases that align precisely with specific government checklist mandates.
Liaisoning & Government Relations
Represent the organization at government directorates, industrial development corporations, and ministry offices.
Follow up diligently on submitted files to resolve bureaucratic queries, clarify documentation, and expedite sanctions.
Coordinate site inspections by government officials, ensuring all physical installations match submitted papers.
Accounting, Tracking & Audits
Maintain a real-time tracking dashboard covering application statuses, approval dates, and expected disbursement timelines.
Reconcile received subsidy funds with finance ledgers and ensure proper accounting treatment of capital vs. revenue grants.
Provide evidence and documentation during internal, statutory, or government-led financial audits.
Re

📌 Executive / Sr. Executive - Subsidy (Kolkata)
🏢 SHYAM METALICS AND ENERGY
📍 Kolkata