Business Tax Expert

The Tax Manager plays a pivotal role in supporting the organization's objectives by driving value through tax planning, preserving value by minimizing tax risks, and enhancing value by identifying opportunities.

Influencing Stakeholders:

• Advising business leaders to safeguard profitability on additional costs of doing business in domestic and cross-border markets.
• Ensuring the monitoring of tax governance and alignment on tax positions adopted by engagement teams, IFS, and finance teams.
• Managing relationships with tax consultants and IFS functions to ensure effective compliance on tax and regulatory positions and policies to minimize litigation possibilities.
• Managing relationships with internal and external auditors to ensure timely completion of audits.

Financial Metrics:

• Monitoring tax governing framework for tax assets realization to avoid working capital lock-in and ensuring review of operations to prevent tax leakage.
• Tax Compliance:
  • Responsible for timely execution of Tax and regulatory compliance with accuracy and quality.
  • Responsible for adequacy of Tax provision, owner of Tax accounts & ensuring tax positions are followed.
• Tax Assessments:
  • Ensure effective tax assessments & litigation management by conducting due research on tax matters to ensure effective representation of the tax position adopted with detailed documentation within timelines.
• Ensure timely closure of audit points with complete and accurate submission of schedules and documents.
• Ensure timely response to engagement consultation and adequate safeguards in engagement documents from tax and regulatory perspectives. Ensure engagement teams and other stakeholders understand the tax impact and consider it in business transactions.
• Ensure application controls are inbuilt in financials and tertiary applications and regular review of the same to ensure effective controls. Regular review of exception reporting and undertaking corrective actions.
• Ensure effective maintenance of documentation with respect to compliance and assessments and timely update in reporting applications.
• Contribute effectively to the firm's strategic projects ensuring finance aspects are duly considered.
• Responsible for actions mitigating tax and regulatory risks on firm policies and business model.
• Ensure accurate tax and regulatory reporting highlighting exceptions, and staying updated with changes in tax laws, evaluate the impact on operations and business model, and ensure the impact is factored into policies and cost of operations.
• Responsible for maintaining robust internal controls and regular review to prevent errors and fraud and ensure integrity of tax and regulatory reporting. Ensure firm operations and policies are updated with latest tax and regulatory framework.
• Report agreed Process KPI, strengthen review mechanism. Ensure timely compliance with governance on monthly reporting.
• Adhere to interdepartmental deliverables through Interlock documents.
• Meet KQI and RCSA KPI and take corrective actions for continuous improvement. Review RCSA periodically under Risk Mitigation strategy and enhance RCSA framework.

Tax Efficiency Evolution Initiative:

• Take lead in implementation of technological advancements of the function with best-in-class automation practices, to drive efficiency in overall finance processes impacting tax and regulatory compliances.

Demonstrating People Leadership:

• Team Management: Supervise and manage a team, including their performance, productivity, and adherence to SOP.
• Performance Monitoring: Maintain and evaluate individual and team performance metrics. Ensure fair and equitable measurement of performance.
• Coaching and Training: Provide constant coaching, monitoring, and training to enhance team members' futuristic skill sets, knowledge, and perform regulatory and technical training for the team.
• Quality Assurance: Maintain quality standards and conduct frequent quality checks to identify areas of improvement and take corrective actions on feedback.
• Recognize efforts made by individuals to enhance motivation.

Qualifications:

• CA