
Search by job, company or skills
The role holder is primarily responsible for interacting with tax authorities, responding to GST related queries in a timely manner and ensuring resolution / closure of assessment queries.
In addition, the role holder will also be expected to issue purchase orders for all UBS related purchases, prepare working for credit notes / discount related documents, follow up for invoicing and undertake quarterly balance confirmation from UBS vendors so as to minimize quantity disputes.
UltraTech Cement has grown exceptionally in terms of capacity additions in the last few years and has outpaced other companies in this aspect. Considering the aggressive pace at which the company is growing, constantly relooking at and reviewing systems and processes of the organization and staying connected with business realities and market dynamics is critical. In this given context, the role of the One Commercial function is pivotal in maintaining current business continuity, while preparing and implementing processes for future.
In addition to Grey cement, the One Commercial team continues to cater to the demands and requirements of other growing business units including RMC, Key Accounts, UBS and BPD, enabling them UltraTech Cement has grown exceptionally in terms of capacity additions in the last few years and has outpaced other companies in this aspect. Considering the aggressive pace at which the company is growing, constantly relooking at and reviewing systems and processes of the organization and staying connected with business realities and market dynamics is critical. In this given context, the role of the One Commercial function is pivotal in maintaining current business continuity, while preparing and implementing processes for future.
In addition to Grey cement, the One Commercial team continues to cater to the demands and requirements of other growing business units including RMC, Key Accounts, UBS and BPD, enabling them and helping them drive business outcomes.
Some of the key areas of contribution for the Commercial function are:
Agreements & Contracts Management, Assets Divestment Management, Competitor Analysis, Cost Control, Credit Assessment & Credit Control, Customer Account Management, Equipment Hiring / Procurement, Export & SEZ documentation, Finalisation of Financial Statements, Fixed Assets Management, Internal Controls & System Review, Indirect Tax Management- GST, Internal Audit, Legal Cases, Logistics Cost Control, Marine & Coastal Management, Market Intelligence, MIS & Analytics, Planning & Budgeting, Project Evaluation, Risk Management, SAP & IT Management, UBS Suppliers Contracts & Negotiation, Negotiations for Products and Services, Vendor Management and Statutory Compliance.
The above focus areas generate deliverables which help the management to focus extensively on profitability analysis, optimum utilization of resources, option management, NCR analysis, monitoring of outstanding thereby facilitating sound decision making.
A critical role of the Commercial function also liaising with external agencies including but not limited to regulatory and tax authorities, vendors, suppliers and customers. Some of the key challenges pertain to meeting timeline expectations of stakeholders in contrast to the due diligence that needs to be undertaken while completing the task. Creating a win-win situation with customers, suppliers, vendors etc. while protecting the companys interests can be challenging especially because of fast paced growth and the speed with which the actions are expected to be taken. Dynamism in the statutory and legal environment also causes challenges on the ground.
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | Contributes to and is responsible for engaging with tax authorities and also ensuring necessary legal vetting of responses to show cause notices / GST notices and letters | Timely responses on all GST related queries of internal & external customers to ensure adherence to GST regulations across organization |
| KRA2 | Contributes to and is responsible for managing key aspects pertaining to statutory audits such as liaising with tax authorities, arranging for POAs and validation of royalty slips and associated amounts | Interact with taxation authorities for any queries raised by them and get assessment done for TDS |
| KRA3 | Contributes to and is responsible for the issue of purchase orders, regular review of performance of UBS outlets and negotiations with suppliers | Issue of Purchase Order for all UBS Purchases Prepare working for credit notes, Turnover discount (TOD), CD and ensure all these discounts are received from vendors Quarterly balance confirmation from vendors so there is no reconciliation or quantity dispute Follow-up for invoices and invoice processing for UBS suppliers |
Job ID: 143729189