Head - Direct and Indirect Tax

Department: FinanceAbout the CompanyTI Medical, a Murugappa Group company, was established through a joint venture between Tube Investments and Premji Invest, reflecting the vision to advance global healthcare through innovation. This aligns with the ‘Make in India, Make for the World’ strategy. Our primary focus is on delivering world-class, high-quality, and safe medical devices that are accessible to all. We recognize the transformational impact of technology in healthcare and therefore consistently innovate to develop solutions that improve clinical outcomes, enhance operational efficiency, and drive breakthroughs in patient care.Role OverviewHead - The Direct and Indirect Tax is responsible for managing the full spectrum of tax compliance, planning, and advisory activities for the India operations of the Medical Devices business. This includes ownership of corporate income tax, transfer pricing, GST, customs, and other statutory obligations.The role requires deep understanding of India’s tax framework, medical device regulations, and healthcare industry nuances — including import duties, pricing regulations, and distributor structures — to ensure full compliance while optimizing tax efficiency.Key Responsibilities:1. Direct Tax (Income Tax & Transfer Pricing)- Manage all aspects of corporate income tax compliance, including computation, filing of returns, and quarterly advance tax payments. - Prepare and review tax provisions and deferred tax calculations during month-end and year-end closings. - Lead tax assessments, audits, and appeals with tax authorities. - Monitor and implement changes from India’s Finance Acts and CBDT circulars affecting the business.2. Indirect Tax (GST, Customs etc.)- Oversee end-to-end GST compliance, including registration, monthly returns (GSTR-1, GSTR-3B, GSTR-9), reconciliation, and audits. - Manage GST input tax credit (ITC) reconciliation with vendors, ensuring accurate and timely reporting. - Handle GST litigation, audits, and departmental queries. - Advise business teams on tax implications of new products, tenders, pricing, or supply chain changes. - Manage Customs and import duty matters — including valuation, classification, exemptions under medical device import schemes, and coordination with logistics and customs brokers. - Ensure compliance with Medical Device Rules (MDR), NPPA pricing regulations, and related statutory reporting.3. Advisory & Planning- Provide strategic tax planning to optimize effective tax rate (ETR) within legal boundaries. - Evaluate tax implications of business expansion, restructuring, or distribution model changes. - Support M&A due diligence and integration activities from a tax perspective. - Develop and maintain strong relationships with external advisors, tax authorities, and internal stakeholders.4. Governance, Controls & Process Excellence- Maintain robust internal controls over tax processes and compliance. - Coordinate with internal and external auditors for tax reviews and statutory audits. - Drive process automation and digitalization in tax filings, reconciliations, and document management. - Ensure all tax processes comply with SOX, corporate governance, and global finance policies.Education qualification required:- Chartered Accountant (CA) is mandatory.Experience required:- 8–12 years of post-qualification experience in Direct and Indirect Taxation. - Industry experience in Medical Devices, Pharmaceuticals, Life Sciences, or Healthcare is highly preferred. - Proven experience in GST, customs valuation, and tax audits/litigation.Skills & Competencies:- Deep understanding of Indian tax laws, GST framework, and international tax principles. - Strong analytical and problem-solving abilities with attention to detail. - Excellent stakeholder management — able to influence business and senior leadership. - Strong written and verbal communication skills for interaction with auditors, consultants, and government authorities. - High integrity, compliance orientation, and ability to handle sensitive financial data.