Tax Compliance Specialist

2 days ago


Delhi, Delhi, India Sumitomo Mitsui Banking Corporation – SMBC Group Full time
Company Overview
SUMITOMO MITSUI BANKING CORPORATION – SMBC GROUP is one of the largest Japanese banks by assets, with strong credit ratings across the globe. The bank offers personal, corporate and investment banking services to its extensive customer network spanning 39 countries and regions.

Job Description
The incumbent will be responsible for ensuring tax compliances and reporting for the Financial Accounting team, including routine tax payments, returns, transfer pricing filings, liaisoning with tax offices/consultants, and assisting in tax assessments.

Scope and Dimension
The role involves direct and indirect tax compliances, including WHT/GST payments, monthly/annual returns, assessments, and timely submissions. Additionally, the incumbent will ensure accurate reporting, audits, and daily control activities.

Job Responsibilities
* Maintain proper documentation and ensure all GST-related compliances
* Review and issuance of GST invoices on a monthly basis
* Supervise and be responsible for Middleware & ASP functionalities for GST
* Handle compliances related to TDS, including review of transactions for applicable rates, monthly payments, and return filings
* Coordinate internally, consultants, and with Tax office for all tax-related matters
* Assist in preparation and analysis of JGAAP and Local GAAP financial statements on a periodic basis
* Ensure timely and accurate preparation of HO reports for submission to HO
* Assist the team with other tax compliances, including transfer pricing, handling tax assessments, coordinating with Statutory auditors, and arranging for requisite information for financial statement preparation

Required Skills and Qualifications
* In-depth knowledge of Indian tax laws and accounting principles
* Strong analytical and communication skills
* Minimum 2-3 years post-qualification experience with good exposure to direct and indirect tax
* CA and/or higher equivalent qualification in Accounting/Taxation preferred

Estimated Salary: ₹12,00,000 - ₹18,00,000 per annum

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