Compliance Analyst

About us:As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is important, and you'll build relationships by being authentic and respectful.Overview about TIIAt Target, we have a timeless purpose and a proven strategy. And that hasn't happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target's global team and has more than 4,000 team members supporting the company's global strategy and operations.About This OpportunityThe Compliance Analyst will support Finance leadership in overseeing compliance activities within the Target India Corporate Finance team. The role involves managing end-to-end STPI and SEZ requirements, including unit setup, ongoing operations, and exit, in close coordination with internal stakeholders and external business partners. The Analyst will ensure alignment with organizational policies, best practices, applicable laws, and statutory regulations. Additionally, the role is responsible for developing and maintaining a framework for continuous risk evaluation, as well as periodically reviewing and updating policies and procedures to strengthen compliance governance within Target India FinancePRINCIPAL DUTIES AND RESPONSIBILITIES:Knowledge on STPI, SEZ, FTP, Customs Act, GST and EOU.  Knowledge on Duty free Import and Exprot RegulationKnowledge on LOP, LUT, IEC, Green Card and Status Certificate etcKnowledge of Product classification, HSN, Inco termsManage applications, approvals and tracking for all shipment clearanceDevelop and maintain standard operating procedures for all compliance-related activities while ensuring meticulous documentation and record-keeping.Conduct regular compliance audits and prepare required regulatory reports while staying current with changes in STPI/SEZ regulationsServe as primary liaison with government authorities including STPI, SEZ, and Customs officials Work with the legal and external teams towards implementation and compliance with new regulatory changes applicable for Target India FinanceManage GRC tool. Key tasks would include the review of compliance with Corp FinanceEnsure compliance with the provisions of the Foreign Exchange Management Act 2000.Partnering with the FAR team, HR and legal teams to meet all reporting requirements Assist team members in compliance with the Information Protection Policies and data management of the company.Prepare compliance dashboard for the leadership to provide and update on Operational and Compliance status    REPORTING/WORKING RELATIONSHIPS:Reports to Sr Manager Finance Compliance Works closely with the finance pyramid  team members and other key clientsJOB REQUIREMENT:College degree in accounting, CS will be an advantage.Relevant Experience with 4+  years of work experience from IT /ITES reputed firmsPreferably having knowledge of indirect taxation/ STPI & SEZ/ HR Laws knowledge / FEMA,Strong analytical skills with excellent attention to detailGood communication skillsKnowledge in basic accounting systems