Manager Taxation

Industry: Real Estate

Location: Sion, Mumbai.

Department: Finance & Accounts/Taxation

Reports To: Head of Taxation/CFO

Position Overview-

The Manager Taxation will be responsible for overseeing all aspects of taxation, statutory compliances, audits, and financial accounting within the organization and its Special Purpose Vehicles (SPVs). The role requires ensuring timely completion and accuracy in tax audits, statutory filings, and adherence to all regulatory requirements. The incumbent will act as a key link between the Head Office (HO), Regional Offices (RO), Project Teams, Tax Consultants, and Statutory Authorities to maintain robust compliance and efficient financial management.

Key Responsibilities-

1. Financial Accounting & Compliance-

Ensure timely completion and finalization of accounts for all entities and SPVs.

Ensure adherence to all statutory compliances, including TDS, GST, and Income Tax.

Complete Tax Audit and other statutory audits within prescribed timelines.

Maintain accuracy in all accounting transactions and ensure reliability of financial information.

Oversee monthly account reconciliations of all SPVs and entities.

Ensure error-free compliance across Head Office, Regional Offices, and Projects.

Supervise the maintenance of books of accounts in accordance with applicable accounting standards, rules, and regulations.

Oversee quarterly and annual closing of accounts and preparation of financial statements.

1. Taxation & Statutory Matters-

Ensure timely filing of Income Tax Returns, GST returns (GSTR 1, 2, 3B, 9, etc.), and TDS returns.

Assist in computation of income, tax provisions, deferred tax workings, and advance tax calculations.

Assist in drafting rectification petitions, stay petitions, and timely responses to Income Tax Department notices.

Support in completion of income tax assessment proceedings for all group companies.

Coordinate with tax consultants and attend assessment/scrutiny hearings when required.

Assist in filing appeals before Commissioner (Appeals) and Income Tax Appellate Tribunal.

Provide tax opinions and advisory on withholding tax, domestic and international transactions, and other direct tax matters.

Stay updated with the latest amendments and developments in taxation laws and regulations.

Compile and present pre-budget memorandums highlighting key taxation issues faced by the company.

1. Operational & Coordination Activities-

Coordinate with HO, RO, and project teams to ensure accuracy and compliance in all financial and tax matters.

Liaise with statutory auditors, internal auditors, and consultants for audit finalization and query resolution.

Generate timely MIS reports and other financial reports as required by management.

Facilitate smooth communication and compliance with Income Tax Department, Service Tax Department, Regional Government Statutory Representatives, and other regulatory bodies.

Participate in implementation of SAP and International Financial Reporting Standards (IFRS).

1. Strategic & Advisory Support-

Assist in strategic tax planning and optimization in line with business objectives.

Provide inputs on tax-efficient structures and compliance risk mitigation.

Support management in critical decision-making by providing accurate and updated financial and tax data.

Contribute to continuous process improvement in accounting, taxation, and compliance systems.

Key Accountabilities-

Timely and accurate filing of all statutory returns and reports.

Completion of audits (Tax, Statutory, Internal) within timelines.

Maintenance of zero non-compliance record with statutory authorities.

Delivery of reliable MIS and financial data to management.

Proactive communication and coordination with tax consultants, auditors, and regulatory bodies.

Educational Qualification-

CA (Chartered Accountant) – Final / Inter

CMA / CFA or equivalent professional qualification

Experience-

Minimum 5–8 years of post-qualification experience in Taxation, preferably in the Real Estate or Infrastructure industry.

Strong experience in handling direct and indirect taxes, assessments, and audits.

Skills & Competencies-

In-depth knowledge of Direct & Indirect Taxation (Income Tax, GST, TDS).

Sound understanding of Accounting Standards, Companies Act, and other statutory compliances.

Proficiency in SAP / ERP systems and MS Office tools.

Strong analytical, problem-solving, and interpersonal skills.

Excellent coordination and communication abilities with internal and external stakeholders.

High integrity, attention to detail, and result-oriented mindset.

Key Interfaces-

1) Internal: Finance & Accounts Team, Project Finance, Secretarial Team, Management

2) External: Tax Consultants, Statutory Auditors, Income Tax Department, Service Tax Department, Regional Statutory Representatives