Team Lead

4 days ago

Navi Mumbai, Maharashtra, India Reliance Industries Limited Full time ₹ 5,00,000 - ₹ 12,00,000 per year

ACCOUNTABILITIES:

Ensure appropriate coverage / compliance of PF / Superannuation / Gratuity for the establishments within the group.

  • Collate, verify and submit all documents required for trust creation like IT exemption approvals, obtaining PF code numbers, obtaining PAN / TAN numbers etc.
  • Ensure compliance relating to statutory payments and monthly / annual returns related to PF / Gratuity / Superannuation (as applicable)
  • Ensure that the nomination forms for PF / Gratuity / Superannuation are submitted to the concerned authorities.
  • Ensure timely issuance of members slips for PF from RPFC (Regional Provident Fund Commission)
  • Ensure timely renewal of EDLI exemption requests with the PF trust as applicable.

Ensure timely and effective resolution of queries by external statutory authorities.

  • Respond to and manage all inspection requests made by statutory authorities.
  • Ensure submission of books of accounts to the PF Commissioner post receipt of the audited accounts from Team Leader Accounts and Fund Management
  • Ensure provision of all necessary data / information to the inspection authorities as and when required.
  • Escalate to the Head of Department in case of any complex or non-routine issues (e.g.x co-ordination required with other internal departments etc.)

Ensure proper support for smooth handling of all Trust meetings.

  • Review the notice and agenda prepared for the Trust meeting and ensure that same is circulated to concerned stakeholders.
  • Provide support to the Team Leader Process Owner for conducting periodical meetings of the trustees.
  • Review / prepare the minutes of the meeting and ensure the same is signed by the chairman.

KEY DECISIONS

  • Decision regarding adherence to compliance requirements with respect to all documents to be submitted for payment / renewals etc.
  • Decision regarding accuracy of data for filing of returns on monthly and annual basis
  • Decision regarding accuracy of data for actuarial valuation
  • Decision regarding resolution of exceptional / non-standard issues

MAJOR CHALLENGES

  • To ensure appropriate and timely response to various statutory inspections and related queries
  • To ensure compliance with all the legal / statutory requirements with respect to retirals including contractor compliance

Skills

  • Communication and Interpersonal Skills
  • Analytical Skills
  • Influencing Skills
  • Decision Making Skills
  • Execution Skills

Knowledge

  • Knowledge of Laws relating to Provident Funds, Superannuation Gratuity and Trusts.
  • Knowledge of secretarial aspects related to Trusts
  • Knowledge of Reliance Standard Operating Procedures relating to PF, SA and Gratuity.
  • Knowledge of settlement processes related to PF / SA / Gratuity
  • Knowledge of Trust Accounting Practices and related Accounting Standards.
  • Knowledge of Investments Options Funds Management.
  • Knowledge of Banking Processes
  • Knowledge of Laws relating to Income Tax.
  • Changes in economic and regulatory framework
  • Knowledge of ERP system deployed in the organization
  • Knowledge of Performance Metrics and the nature of measurement

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