Process Expert

**Job title **- Process Expert - Record to Report (Tax Professional)

We provide a variety of competitive, innovative and reliable Record-to-Report services from maintaining financial records to financial closing and reporting.

We process, compile and deliver relevant financial information covering Accounting & Closing, Commercial, Tax and Master Data Services

We deliver maximum value to the business by driving Record-to-Report optimization and digitalization using our entrepreneurial approach. We also support our customers’ current and future business requirements with the help of our high level of process and automation competency.

We are looking for a talent with skills and vision to build a better tomorrow. Join our Tax team and ensure compliance with Direct Tax regulations.

Role Scope:
- Assistance in ensuring compliance with applicable Indian Direct Tax Regulations.
- Assistance in expeditious resolution of Tax matters when need arises.
- Assistance in internal and external Stakeholder management.
- Assistance in keeping business leadership abreast of various tax implications on a continuing basis.

This is your role. What part will you play?
- To assist in statutory direct tax compliance for Siemens Ltd, India and Siemens group entities (including foreign group entities) which includes the following key areas:

- Assistance in preparation and filing of Return of Income, tax audit and transfer pricing (Form 3CEB) requirements as per statutory deadlines.
- As per IFRS - Assistance in preparation of Effective tax rate and annual computations both current tax and deferred tax for all Indian entities on quarterly/annual basis.
- As per IndAS - Assistance in preparation of tax computations both Current tax and Deferred Tax as per IndAS for the purpose of statutory financials.
- Assistance in preparation of tax disclosures on quarterly and annual basis.
- Assistance in preparation of estimated tax computations for the purpose of paying advance taxes.
- Assist in ensuring adequate defense documentation is in place to support the positions taken in the tax return.
- Assistance in the preparation of workings / templates for filing of income-tax return and Form 3CEB of foreign entities and other associated work relating to data compilation, reconciliation etc.
- Assist in transfer pricing advisory role to the different business units.
- Assist in review of notices, collating documents and filing of submissions / appeals / paper book, etc. to tax authorities and attend or organize representation at assessment hearings.
- Ensure best tax accounting practices are followed and maintained.
- Work towards improving processes and ensuring a robust system with regards to direct tax and initiate process improvements and act as a change agent within the organization.
- Tax optimization of entire spectrum of domestic and international taxes.
- Optimize effective tax rate and transaction taxes and tax efficient repatriation of funds.
- Planning and compliance with Transfer pricing matters.
- Partnering with the business for the efficient business models and saving opportunities.
- Participate in tax strategy, restructuring of transactions like formation of entities, acquisitions, disposals, mergers, financing transactions, major spends, offshore / onshore supply and service agreements and so on.
- Tax Planning: Assist in tax planning projects and be a major contributor in regional/global projects.
- Participate in the due diligence work for M&A initiatives.
- Communicate results effectively to management and non-financial personnel.
- Participate in Tax technology initiatives of the organization.
- Assistance in other routine administrative compliances for direct-tax / transfer pricing matters

We don’t need superheroes, just super minds.
- You must be a Bcom/Mcom graduate/Semi-Qualified CA and you bring minimum 2-3 years of experience focused on direct taxes, transfer pricing. Good knowledge and understanding of Accounting Standards and tax provisioning. Finance and IndAS, IFRS, Commercial concepts, Business understanding.
- Highly motivated, and results driven with a high energy level - has a bias for proactive action.
- Excellent interpersonal and communication skills, with the ability to build relationships with different partners.
- Should have a track record of competent handling of complex tax matters.
- Should be up to date on tax laws and rules and have an expert level understanding of relevant tax laws and rules.
- Behaves in a mature and appropriate manner and shows good judgment.

Make your mark in our exciting world at Siemens:
This role is based in Mumbai, where you’ll get the chance to work with teams impacting entire cities, countries - and the shape of things to come.

**Organization**: Global Business Services

**Company**: Siemens Technology and Services Private Limited

**Experience Level**: Experienced Professional

**Job Type**: Full-time