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 benefits, 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 advantages 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 govern

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