Senior Taxation Specialist
4 weeks ago
Job Title: Senior Taxation Specialist
Key Roles and Responsibilities:
A Senior Taxation Specialist will be responsible for providing expert advice on direct and indirect taxation matters. The key roles and responsibilities include:
Direct Tax:
1. Preparation of provisional computation of income on quarterly basis for Advance tax payment
2. Final computation and self-assessment tax payment along with Interest, if any
3. Income Tax return workings and submission on time
4. Income Tax Audit u/s 44AB - preparation of workings and coordination with Auditors for submission on time
5. Transfer Pricing completion on time, preparation of workings & coordination
Indirect Tax:
1. Monthly working and payment of GST liability
2. Filing monthly GST returns (GSTR 1, GSTR 3B) on time
3. Reconciliation with input tax credit as per GST Portal and books of accounts and take necessary steps to avoid and penal consequences or financial losses
4. Submission of Annual GST return and reconciliation on time (9 & 9C)
5. Assistance in state wise GST Audit/ Scrutiny/ Assessment proceedings with workings/ documentation
Other Statutory Compliances:
1. Timely submission of SFT (Statement of financial transaction)
Finalization of Accounts & Audit Closure:
1. Various aspects of work on Annual report for consolidated and Standalone accounts
2. Coordination with External Auditor and closure / resolving Audit queries/findings
3. Coordination with Internal Auditor and closure / resolving Audit queries/findings
4. Transfer Pricing Audit - coordination with Auditors and completion on time
General Accounting:
1. Monthly depreciation calculation and posting in books of accounts
2. Maintaining Fixed Asset Register and reconciling with physical verification reports
3. Monthly/ quarterly / annual interest booking
4. Small subsidiary monthly books closure
Preferred Qualification:
1. Graduate/Postgraduate with Article ship completed or CA Inter
2. Experience 4-5 years
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