Industrial Trainee

Commercial Accounting & Controls

• Ensure compliance with company financial policies and approval matrices.
• Review purchase orders, contracts, and commercial terms from a finance perspective.
• Monitor advances, deposits, and recoveries from vendors and customers.
• Support monthly and year-end financial closing activities.

Vendor & Procurement Finance

• Reconcile vendor accounts and resolve discrepancies.
• Monitor GRIR balances and coordinate with procurement teams for closure.
• Validate price revisions and purchase price variances.
• Analyze vendor-wise procurement spend and cost optimization opportunities.
• Support vendor master data validation and compliance checks.

GST & Statutory Compliance

• Assist in GST reconciliations, ITC verification, and compliance reporting.
• Coordinate with vendors for GST mismatches and corrections.
• Support preparation of information required for audits and statutory filings.
• Ensure proper documentation for tax compliance and internal controls.

MIS & Financial Analysis

• Prepare monthly commercial MIS reports and dashboards.
• Analyze procurement costs, freight expenses, inventory valuation, and vendor performance.
• Generate reports for management review on cost savings and commercial trends.
• Track budget vs actual expenses and highlight variances.

Inventory & Logistics Finance Support

• Monitor stock-in-transit and inventory-related transactions.
• Assist in inventory reconciliations and valuation review.
• Analyze warehouse and logistics costs.
• Support inventory control and audit requirements.

SAP & Process Improvement

• Execute finance-related transactions in SAP.
• Ensure timely and accurate data recording in SAP.
• Participate in automation initiatives using Excel, Power Query, and SAP reports.
• Support implementation of process improvement projects and internal controls.

Audit & Compliance

• Provide audit schedules and supporting documentation.
• Ensure adherence to SOPs and company policies.
• Assist in resolving internal and statutory audit observations.
• Maintain complete documentation for commercial transactions.