Deputy Manager Taxation

PROSPETIVE EMPLOYEE JOB DESCRIPTION:

Designation Deputy Manager Taxation

Location Andheri East Seepz Mumbai

5 days a week

The ideal candidate is a Chartered Accountant with around 3-5 yrs of post qualification experience in industry or Big 4.

Experience: 4-6 years in Taxation
Location: Mumbai
Department: Finance & Accounts
Reports to: Financial Controller

Job Summary

We are looking for a Chartered Accountant with 4-6 years of experience in taxation to lead our tax team. The role involves managing both direct and indirect tax compliance, ensuring accurate filings, handling tax audits, and providing strategic tax planning. The ideal candidate will have strong experience in managing a small team.

Key Responsibilities

Key Responsibilities

1. GST Compliance (35%)

• Review and ensure timely filing of GST returns (GSTR-1, GSTR-3B, GSTR-6, GSTR 9) across all locations.
• Monitor inter-unit billing and reconciliation of GST credit ledgers with books of accounts.
• Manage GST refunds, respond to notices, and ensure timely compliance.
• Prepare and file GST annual returns for multiple locations.
• Handle GST-related inquiries from internal teams and tax authorities.
• Manage input tax credit reconciliation, ensuring correct claims and accurate accounting.
• Oversee and manage GST registrations across multiple states, ensuring adherence to state-specific compliance requirements.
• Ensure full compliance with different state GST laws, managing renewals and updates as required.

2. Income Tax & Direct Tax Compliance (35%)

• Respond to scrutiny notices, appeals, and assessments from tax authorities.
• Oversee and finalize the preparation and filing of corporate income tax returns, including tax calculations and assessments.
• Coordinate with auditors for Tax Audit and Transfer Pricing Audit finalization. Work with external advisors to ensure accurate and timely tax filings, responding to tax authorities as required.
• Advice on tax planning opportunities, including structuring business operations and transactions to minimize tax liabilities.
• Monitor changes in direct tax legislation, assess the impact on business operations, and provide timely updates to leadership.
• Ensure compliance with TDS provisions under the Income Tax Act, including DTAA applicability and periodic reconciliation.
• Perform reconciliation of TDS with 26AS, revenue registers, and books, ensuring necessary corrective actions.
• Review monthly TDS data for tax payments and quarterly return filings. Compute monthly and quarterly Income Tax & Deferred Tax.
• Review and file TDS returns and ensure compliance with applicable regulations.
• Compute and facilitate advance tax payments.
• Foreign payment and related compliance like 15 CA and 15 CB

3. Financial & Regulatory Reporting (20%)

• Manage tax-related provisions during monthly and quarterly financial closures.
• Support internal and external audits by preparing the required financial details.
• Ensure compliance with related party transaction (RPT) reporting.
• Assist in MSME reporting and other regulatory filings.

4. Other Responsibilities (10%)

• Handle international taxation matters, including obtaining Tax Residency Certificates (TRC).
• Address taxation issues related to mergers and corporate restructuring.
• Maintain compliance with SEEPZ and other regulatory bodies.
• Ensure timely submission of tax-related documentation for board meetings.
• Filing for yearly LUT renewal as one of the locations is in SEEPZ

Qualifications & Skills

• Chartered Accountant (CA) with 4-6 years of experience in taxation.
• Strong knowledge of direct and indirect tax laws in India.
• Experience in handling tax audits, GST compliance and audits, and corporate tax filings.
• Familiarity with international taxation, transfer pricing, and regulatory compliance.
• Team management skills.
• Multi location environment working
• Proficiency in SAP, and Microsoft Office.

Why Join Us?

• Opportunity to lead a taxation team and take ownership of key tax functions. (Around 2 direct reportees)
• Exposure to international taxation (UK and PH) and corporate tax planning.
• Work with a dynamic finance team in a growing organization.