Manager – Direct Taxation

Candts must have knowledge of Legal tax compliances also

We are looking for a Manager – Direct Taxation for our client with a pan India presence based in Gurgaon.

Job Details :

Location : Gurgaon

Grade : Manager

Function Name : Finance

Division/ Dept: : Corporate Taxation

Nature of Role : IC

Work Timings : 9AM-6PM, 5 days working however candidate must be flexible and open to stretch

CTC : Industry Standards

Experience : 3+ yrs

Education : CA

Mandate Knowledge Required : Expert knowledge in Income Tax and working knowledge in GST

Skills : Learning approach, adaptable to changes , zeal to update himself with the changing law, focused to job, handle responsibility, excellent MS excel.

Job Purpose:

Action:

– Taxation is an important aspect for a large company like having geographic spread across India and leading to tax compliances and reporting under federal tax laws, state tax laws and local regulations.

– A stricter compliances of law and timely deposit of taxes is a minimum and indispensable requirement with no excuses or compromise.

Object:

1) Timely submission of taxes and returns ensures smooth functioning of business and minimize any tax related disputes :-A tax compliant company always can manage any challenges much more effectively. Focus on record retention and cross functional knowledge sharing/ training leads to better coordination and compliances.

2) Handling Tax disputes raised by tax authorities.

KRA:

– Handling Corporate tax and TDS compliances on regular and ensuring timely filing of returns and payment of taxes

– Responsible for accurate and timely payment of Advance Tax , TDS, TCS and Equalisation levy

– To ensure accurate and timely preparation and filing of TDS Return, Statement of Form-15G / 15H and Statement of Equalisation Levy.

– Reconciliation of tax returns with the financials on a regular basis.

– Regular tax updates of latest notifications / judgements for identifying tax saving opportunities. Internal trainings conducted for function and business

– To research tax positions and seeking necessary advise from consultants (if required). Issuing timely updates / guidelines to circles on tax positions/ change in tax positions.

– To analyse Tax related amendments for its applicability and impact on the company and issuing necessary guidance relating thereto

– To ensure timely response to tax related queries to avoid/ minimize business disruptions in co-ordination with internal teams for factual details

– To evaluate and update TDS guidelines and monitor process etc for approving Tax category and PAN updation during the year .

– To ensure mapping of tax categories at the beginning of the year and approval of tax categories during the year within TAT. To review and implement changes in tax categories vis- vis change in law (if any) during the year. Review of process for tax category mapping.

– To ensure regular review and updation of guidelines on TDS positions taken by the company. To ensure updation and circulation of guidelines on India Localisation

– Review of tax submissions and representation before tax authorities for tax assessment and litigations

– To prepare submissions for assessment proceedings and ensure timely filing thereof. To co-ordinate with internal teams for collation of factual data for submissions

– To analyse various case laws and tax guidance to support and affirm the tax positions adopted by the company

– To ensure timely and appropriate response to tax notices i.e. u/s 226(3), TDS notices etc

Other misc activities:

– TQM – Complete ownership of PE projects, TQM trainigs, RWM and PDCA for IDT team members.

– Co-ordinating with IFC and statutory auditors for replying to their queries to ensure there are no red flags.