Title:  Lead Associate - RPT

Date:  11 Nov 2024
State:  Maharashtra

Job Title: Lead Associate - RPT

Department: RPT (Corporate Accounts)

Location: Mumbai 

Experience: 1-5 years

Qualification: CS Inter/B.Com Graduate

Reports to: Group Head - Accounts

Job Description:

- Handling Branch Accounting of Tata Power - Handling Cost Audit
- Obtaining omnibus approval from audit committee
- Reviewing of RPT memos for ALP criteria with documentation
- Removing of RPT blocks for payments and tracking the same within the limits
- Noting of omnibus utilization to be put up to the audit committee
- Putting up to audit committee RPT policy and RPT framework for review
- Preparation of resolutions for increase in omnibus limits for fresh RPT approvals from audit committee
- Resolving RPT related queries received from divisions
- RPT reconciliation with other RPs and preparation of RPT on half yearly basis -
- RPT audit with statutory auditors and secretarial auditors
- Controlling and preparing Opex budget

Skills & Exposure
- MS office and SAP (added advantage)
- Knowledge of Related Party Compliance requirement under Companies Act and SEBI.
- Knowledge of cost audit requirements