Head of Taxation

Role Summary: The purpose of this role is to prepare and review the complete tax planning for the organization, direct and indirect. Also, guiding in the preparation and filing of annual corporate tax declarations, monthly withholding tax returns, and any other levy return which may become due. Regularly review tax balances on general ledger. Advising on International tax planning for low and tax friendly options for Indian employees outside India.Area of responsibilities:• To lead and review all aspects of the tax practices and ensure compliance with all the statutory norms for the New Co. within and outside India• Oversee the review of all tax papers on regular basis and handle all information data requests and Manage tax provision and tax compliance process.• Manage and coordinate tax audits & attend the external audits as per schedule and maximum compliance.• Reviewing monthly/quarterly tax provisions, Corp tax packages, Deferred tax assets/liabilities calculations to ensure accurate Tax accounting and Reporting• Reconcile and prepare analysis on general ledger tax accounts for reporting purposes. Continuous monitoring of key financial and business metrics, accurate reporting and circulating the same to relevant stakeholders at requisite time intervals.• Ensuring that any potential compliance issue in the taxation or otherwise is immediately flagged off to the senior management• Oversee Statutory compliances (GST, ITC 04, PT, TDS & TCS Returns, etc.) of the Units. Payment of all the statutory dues as per set timelines. Timely submission of Form 16 & Form 27D. - Timely reconciliation of books with returns and government portals (26AS, GST, etc.). Direct taxes and working of advance tax. - Mandatory compliances with auditors for taxation matters. - Yearly Tax Assessment• Monitors the team's progress on developmental interventions and their development plansCompetencyAnalytical Thinking• Analyze complex situations, break each into its constituent part• Segregates main issues, sub -issues, probable problems based on criticalities / complexities• Understands the linkages within issues/information• Identifies patterns or relationships from information and events while fixing up solutions• Comfortable working with multiple data pointsDiversity & Inclusion• Modify personal attitude in accordance to the Diversity policy• Treat others fairly and respectfully• Help others to understand the implications of the organization's values and ideas regarding diversity• Drive initiatives to resolve any issues relating to diversityPeople Development• Offers feedbacks that support individual's acceptance level, readiness and communication style.• Provides encouragement and coaches the employee on an ongoing basis• Keeps the long -term development of the entire team while using any intervention• Monitors the team's progress on developmental interventions and their development plans• Sees long term potential and deploys people on stretch assignments even taking calculated business riskCollaboration• Consistently fosters collaboration and respect among team members by addressing elements of the group process that impedes, or could impede, the group from reaching its goal• Engages the "right people," within and beyond organizational boundaries, by matching individual capabilities and skills to the team's goals• Works with a wide range of teams and readily shares lessons learned and credit for team accomplishments• Regularly reviews effectiveness of through collaboratively revisiting and refreshing partnership goals and achievements• Openly shares credit for team accomplishmentProcess Excellence• Identifies, evolves, and evaluates process improvement opportunities based on relevant learnings and expert analysis of processes, technology enablers, etc.• Drives and publicize Process adherence as a tool to minimize rework and add value• Sets/Improves mechanism to make easy to follow processes & monitor its adherence• Acts as role model with respect to the process adherence• Improve the existing processes to monitor adherenceResult Orientation• Manages own and others' performance towards reaching organization goals and with superior quality• Makes decisions or chooses goals based on explicit considerations to potential profit, return on investment or cost -benefit analyses and thinks of the risks involved for the business.• Demonstrates creativity in obtaining work results within the available resources• Acts as role model and coach in driving for results• Recognizes improvement opportunities and proactively exploits and enhances them to the maximumChange Agility• Articulates a clear, compelling vision for change and communicates benefits and reasons across the organization• Anticipates resistance to change early on and adapts tools to manage it• Challenges the current approach of doing work and seeks opportunities to change• Takes appropriate risks in pursuit of improvements and supports others in doing so• Defines series and sequence of activities to raise stakeholders to required commitment levels prior to go live