Commercial Accounting &

- Controls

- Ensure compliance with company financial policies and approval matrices.

- Review purchase orders, contracts, and commercial terms from a finance perspective.

- Monitor advances, deposits, and recoveries from vendors and customers.

- Support monthly and year-end financial closing activities.

Vendor &

- Procurement Finance

- Reconcile vendor accounts and resolve discrepancies.

- Monitor GRIR balances and coordinate with procurement teams for closure.

- Validate price revisions and purchase price variances.

- Analyze vendor-wise procurement spend and cost optimization opportunities.

- Support vendor master data validation and compliance checks.

GST &

- Statutory Compliance

- Assist in GST reconciliations, ITC verification, and compliance reporting.

- Coordinate with vendors for GST mismatches and corrections.

- Support preparation of information required for audits and statutory filings.

- Ensure proper documentation for tax compliance and internal controls.

MIS &

- Financial Analysis

- Prepare monthly commercial MIS reports and dashboards.

- Analyze procurement costs, freight expenses,



inventory valuation, and vendor performance.

- Generate reports for management review on cost savings and commercial trends.

- Track budget vs actual expenses and highlight variances.

Inventory &

- Logistics Finance Support

- Monitor stock-in-transit and inventory-related transactions.

- Assist in inventory reconciliations and valuation review.

- Analyze warehouse and logistics costs.

- Support inventory control and audit requirements.

SAP &

- Process Improvement

- Execute finance-related transactions in SAP.

- Ensure timely and accurate data recording in SAP.

- Participate in automation initiatives using Excel, Power Query, and SAP reports.

- Support implementation of process improvement projects and internal controls.

Audit &

- Compliance

- Provide audit schedules and supporting documentation.

- Ensure adherence to SOPs and company policies.

- Assist in resolving internal and statutory audit observations.

- Maintain complete documentation for commercial transactions.

📌 Industrial Trainee (Mumbai)
🏢 Voltas
📍 Mumbai