Regulatory Compliance & Incentive Lead

Key Tasks :

• Managing end-to-end government Production Linked Incentive (PLI) schemes and related compliances.
• Preparing PLI - Domestic Value Addition (DVA) applications for certification by the Ministry and its agencies, ensuring adherence to scheme guidelines.
• Maintaining regular communication with Ministries and Testing Agencies (TAs) such as ARAI, ICAT, and GARC during the desk appraisal stage, including providing timely responses to queries, clarifications, and additional document requests.
• Audit preparation and follow-ups : Offering guidance and support to the corporate and plant teams during the Plant Inspection Visit planned by the TAs, including addressing technical and financial queries and assisting with additional document requests.
• Maintaining regular contact with internal stakeholders and ensuring timely resolution of queries raised by government authorities.
• Reviewing and documenting investments and sales carried out under government incentive schemes.
• Reviewing the Company's Standard Operating Procedures (SOPs) in accordance with the claim procedures notified by government authorities.
• Preparation of disbursement applications, related documents, and application filing under the PLI scheme.
• Reviewing applications prepared for incentive disbursement as per government scheme guidelines.
• Coordinating with Business, Sourcing, Costing and Taxation teams to formulate and discuss strategies aligned with scheme compliances.

Requirements :