Key Responsibilities
1. Government Incentive Management
- Support the preparation and submission of applications for government incentives and subsidies related to capital investments, manufacturing expansion, exports, and employment generation.
- Maintain trackers for incentive projects, application milestones, approvals, and disbursement status.
- Monitor incentive opportunities and ensure timely realization of eligible benefits.
2. ERP Data Management and Analysis
- Extract financial and operational data from ERP systems such as SAP, Oracle, or equivalent platforms.
- Validate investment, procurement, fixed asset capitalization, production, and sales data required for incentive claims.
- Coordinate with Finance, Supply Chain, Operations, and Project teams to ensure data accuracy and completeness.
3. Financial Reconciliation and Compliance
- Reconcile ERP data with financial records, statutory filings, fixed asset registers, and incentive claim requirements.
- Ensure compliance with applicable government scheme guidelines and documentation requirements.
- Support internal and external audits relating to incentive claims and subsidy programs.
4. Documentation and Claim Preparation
- Prepare incentive claim files, supporting schedules, calculation templates, certificates, and other required documentation.
- Maintain organized records for claim submissions, approvals, and future audits.
- Coordinate with external consultants, auditors, and certification agencies for necessary reviews and endorsements.
5. Application Submission and Follow-up
- Submit incentive applications and claims through government portals or physical channels, as applicable.
- Track application progress and proactively follow up with relevant government departments and agencies.
- Address queries, provide clarifications, and coordinate the submission of additional information required for claim processing.
6. Stakeholder Management
- Work closely with Finance, Manufacturing, Engineering, Project Management, Tax, and Legal teams.
- Coordinate with external consultants and government authorities to facilitate approvals and disbursements.
- Provide regular updates to management on incentive opportunities, submitted claims, approvals, and collections.
7. Reporting and MIS
- Prepare monthly reports on incentive opportunities, claim status, approvals, and cash inflows.
- Develop and maintain dashboards, trackers, and MIS reports for management reviews.
- Analyze planned versus actual incentive realization and identify opportunities to improve claim processing efficiency.