Tax Controller

1 month ago


Bengaluru, India Diageo Full time

Job Description:
ROLE REQUIREMENTS

Qualification:

- Chartered Accountant preferred (maximum 2 attempts)
- MBA

**Experience**:

- 05-09 years’ experience in auditing, accounting & direct taxes profile in consulting and FMCG and CPG industry
- audit experience during article ship

Knowledge & skills:

- Group and local financial reporting
- Risk management and controls, budgeting, financial analysis
- Tax Governance
- Finance Processes
- Data Management
- SAP System
- Execution excellence
- Influence and engage - Relationship Building & Interpersonal Awareness
- Exposure to complex business environments
- Experience of working in a matrix organization
- Worked extensively with consulting firms

Best suited for someone who
- Has a strong focus on process excellence, leveraging technology
- Has strong ability to influence key stakeholders
- Can anticipate issues or risks and “see around the corner”
- Can identify proactive solutions that will eliminate or mitigate risks
- Has ability to identify opportunities for efficiency, cost reduction and continuous improvement

AREAS OF RESPONSIBILITY

PERFORMANCE MEASURES (QUANTITATIVE / QUALITATIVE)

1. Local reporting
- Computation of current tax and Deferred tax provisions for quarterly and annual reporting for local reporting periods
- Advance tax estimations
- Transfer pricing reporting and documentation
- PPR (Probable, possible, remote) analysis and reconciliation of provision, payment under protest, receivables with books
- Maintaining issue wise tax risk tracker and harmonizing with books
- Coordinating with statutory auditors
- ETR analysis

2. Group reporting
- CT & DT computation for group reporting periods
- Working closely with financial reporting team to understand the GAAP differences, analyzing tax impact of the GAAP differences and considering these differences for tax computation
- Leading discussion with group on tax law changes and its impact on PPR
- Submission of tax and risk memos
- Managing cash tax and ETR analysis - forecast and actuals
- Working with group TP team for ensuring inter company price fixation policies, review and governance of segmental margins
- Supporting group on CBCR exercise

3. Controls and risk management
- Leading discussions on control designs
- Review and monitor compliances as per design script
- Ensuring no control failures in tax function
- Engaging with group controls team for design and implementation of control scripts for group tax reporting

4. Process excellence
- Leading on process excellence
- Designing process scripts and process documentation
- Proactive alignment with stake holder on the process notes

5. Other areas
- Transfer Pricing
- Tax Balance sheet
- Tax GLC management
- Tax balances monitoring
- Tax contribution to exchequer collation and analysis
- Co-ordination with Internal audit and CARM team

Diversity statement

Celebrating our inclusive and diverse culture is core to Diageo’s purpose of “celebrating life every day everywhere”. This purpose is, in itself, inclusive in nature, as it values everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.

We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills, and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base. We view diversity as one of the key enablers that helps our business to grow and our values, purpose and standards set the conditions for us to respect the unique contribution each person brings.

Worker Type:
Regular

Primary Location:
Bangalore HO

Additional Locations:
Job Posting Start Date:
+91-XXXXXXXXXX
:00


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