Taxation Specialist
3 weeks ago
Taxation Responsibilities
As a Taxation Specialist at Maersk, you will be responsible for handling and guiding all taxation-related matters, including support on litigations, especially in Indirect Tax. Your tasks will include calculation of Advance Tax, Payment, and related accounting & reconciliation, as well as calculation of Goods & Service Tax, Payment, and related accounting & reconciliation.
Key Accountabilities
- Verification of TDS calculation, supervising, and ensuring timely payment
- Filing of TDS Return – Quarterly Basis and generation of TDS certificates
- Filing of Goods & Service Tax Return – Half Yearly basis
- Support in preparation and filing of Income Tax Return
- Preparing and organizing documents for Transfer Pricing Assessment
- Providing requirements for Income Tax Assessment
- Providing requirements for Lower WHT application
- Handling Goods & Service tax Audit and assessment
- Ensuring Tax related compliance & Tax SOP
- Accounting of TDS receivables and reconciliation with 26AS for Interest income
- Handling time-to-time queries and ad-hoc requirements for various litigations and requirements from various tax departments
- Cordination with Country Tax Centre (CTC) for Income Tax related queries
Additional Responsibilities
- Accounting for Interest payable and receivable
- Accounting for Corporate tax provision
- Preparation and updation of Tax related financial schedules
- Cash Flow management – placement of surplus fund in Fixed Deposits
- Placement and renewal of Bank Guarantees
- Handling of monthly and weekly bank reconciliation
- Managing Tax Audit & Transfer pricing Audit and providing assistance in relation to handling of various audit
- Handling Taxation matters pertaining to foreign payments
- Support with Transfer Pricing Audits
- Supporting in dealing with JNPT related issues, correspondence, and reconciliation
- Ensuring adequate controls over the cash management as per APM Terminals standards
- Continuous process improvement
- Developing and training subordinates
Requirements
Chartered Accountant with 4+ years of experience in Indirect taxes, good knowledge of MS Office tools, and ability to work in a team environment.
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