![]() ![]() With each Strategic Business Units that we have like Refineries, LPG, Retail etc. Our Tax department handles both Direct and Indirect Taxation and engages Officers in Tax planning, monitoring compliance to various State and Central Tax laws as well as litigation management where need be. It also includes revenue budgeting, working on Margin Validation and maintaining the database which keeps track of the business metrics. By identifying key control deficiencies and assessing its magnitude of impact, they evaluate how the risk management program is progressing.Įmployees working in the Budget and MIS profile are responsible for Investor relationship management as well as creating the MIS reports and presentations to the board. Great emphasis is given to Enterprise Risk management as well as Oil Price Risk management by this team. Not only are they responsible to complete audit work papers by documenting audit tests and findings but they also appraise the adequacy of internal control systems by completing audit questionnaires. Our auditors ensure compliance with established internal control procedures by examining records, reports, operating practices, and documentation. If the organization is the body and money is the blood, then treasury is the heart of the body, and working here, our employees get an opportunity to contribute towards cash flow management, arrangement of short term and long-term funds, managing the foreign exchange as well as the Insurance and Banking area under HPCL. This holds a special significance since the pricing of such products is of national importance. Our Corporate Accounts professionals work on preparing financial statements, conducting audit and assurance checks and preparing various compliance reports including the Annual report.Īn employee working in the department of pricing works on decision making related to pricing of petroleum and related products as well as pricing of free trade products in the portfolio of HPCL. Immense flexibility and exposure is provided to ensure that our employees are always challenged, always learning and always recognized. Our finance professionals get to work in diverse profiles, areas and geographies. Lastly various projects were proposed in order to determine the performance of student group within the proposed LF concept.HPCL offers unique and exciting opportunities to have a fulfilling career for people interested in finance and allied fields. The results reveal the chosen concept which the most suitable characteristics in LF design for the rail manufacturing industry. In addition, a systematic layout planning (SLP) approach was used to analyse the sequence of operation performed within the proposed LF concept as well as understanding the relationship between the various workstations. Various concepts were developed and selected using decision matrix processes through the allocation of certain scores and ratings on each criterion as well as of synthesis of this rating using the standard procedures obtained through the application of Pugh Matrix, in order to select the most optimum LF design concept. ![]() This paper aims at developing that link which will bridge the gap by establishing a state of the art learning factory (LF) concept that incorporates strategic initiatives such as customised training programmes and hands on experience to benefit graduates from various engineering disciplines in order to be ready for industry. While various learning factories have been established both in industry and academia in the last decades, there is a need to interlink the activities within these various learning factories in order to address skill shortages. ![]() Despite this wave of innovative technologies, the rail industry is struggling to bring them into full fruition due to a significant skills shortage. To date, the sector has experienced an increase in technological investments that are fundamental in driving efficiencies, better managed operations as well as offer passenger-focused-services (PFS) through industry 4.0 initiatives. Rail manufacturing industries plays a key role in various countries by developing cost effective transportation solutions that could be used more efficiently to provide movement of freight and passengers. ![]()
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