Dgm - Taxation
2 weeks ago
DGM - Taxation
Our story goes back more than 150 years, to the chilly southern coast of Scandinavia.
From our early success in Sweden and Denmark, we've grown into the world's leading specialist producer of plant-based oils, employing more than 4,000 people all across the globe.
We work with our customers to make the products you love even better. The oils we produce go into making your chocolate extra-creamy or putting the crunch into your croissant.And it's not just food — we work across industries to make products that are higher quality, healthier and better for the planet.
Everything we do is about Making Better Happen.AAK Mumbai
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About the role
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Income Tax -
- Review of monthly tax returns/payments, advance tax and ITR calculations, supervising tax audit and other direct tax related compliances
- Complete handling of assessment/appeal proceedings along with tax consultants, follow through on 3. requirements, submissions to department and recording of communications
- Overseeing required compliances wrt foreign payments
Transfer Pricing -
- Preparing SOP and guiding business on transfer pricing documentation
- Supervising and closing TP audits with TP auditors
- Review of all RPT disclosures in financials during statutory audits
- Co-ordination with group companies on various requirements on TP documentation and supporting in timely manner
- Handling assessments/demands from department, follow up on requirements and submissions to department
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GST (All India) -
- Review of tax payments, GST returns and audit report submission
- Review of trading P&L for each state and ensuring pricing parameters
- Review of compliance status as per each state
- Monthly review of accumulated GST in every state and ensuring mínimal blockage of working capital in any state
- Update and ensure that tax requirements (SOP) for each business transaction are understood and informed to the transaction team for compliance
- Developing strong internal controls and processes around tax workings and compliances in discussion with Finance Controller/ Finance Director
- Regular test checks basis ABC analysis to ensure there are no breakdowns in the process leading to tax exposure. Ownership of statutory and internal audit processes relating to tax compliance and zero noncompliance reporting.
- Timely update of any changes in Tax Laws effecting our business and guide people about the working of same
- Working closely with IT team on incorporation of various updates in SAP to comply with relevant notifications/ rules as and when applicable
Experience and Qualification
- CA/CA Inter/B.Com
- Overall Experience years in an organization of repute and heading team for least 56 years
- SAP hands
- Ability and inclination to extract information from system and correlate the same with physical results
- Mature, persuasive and thorough
- Leadership skills
About AAK
Everything AAK does is about Making Better Happen. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable.
At the heart of AAK's offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care.
Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities.
Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for more than 150 years.
