Indirect Taxation

Roles and Responsibilities:

Fully qualified CAs with 3 TO 4 years of experience in IDT only may apply.

Combining technical skills and practical experience across industries and geographies to provide tailored advice to clients. This will include identifying risk areas and sustainable planning opportunities throughout the tax life cycle. Role will involve client advisory and litigation and also a fair amount of backend research and knowledge management work in IDT domain.

Project Management

• Advice on classification, valuation, applicability of taxes on transactions and admissibility to tax benefits/exemptions.
• Providing innovative but rigorous tax planning ideas (Indirect Tax Reviews / Health Checks /Due Diligence Reviews).
• Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps.
• Planning & strategizing approach for litigation and exploring novel ways to resolve tax disputes of clients. Innovating & enhancing processes to achieve commercial targets effective.
• Researching estimated service cost & man hours required for project prior to pitching. Drafting & presenting proposals to clients with guidance of Partners.
• Building commercial substance in the current process & procedure and constantly innovating and improvising on the processes & plans for closing assignments
• Making Provision for complete support for customs proceedings & Litigation. Drafting replies to notices and Drafting appeals and submissions.
• Appearances and arguments before adjudication and appellate authorities up to the Tribunal. Appearance and arguments before anti-dumping authorities.
• Ideate supply chain solutions to optimize GST /Customs duty cost by standardizing procurement and distribution cycle of various business models.

Knowledge and Solutions

• Ideate solutions on commonly faced issues in tax paradigm based on facts and examples so that, applied solutions can be stored for future references.
• Identifying knowledge content/important legal developments and preparing regulatory and legislative updates in consultation with Seniors and Partners.
• Analyzing the important developments in the tax world and their impact in the Indian context
• Developing proprietary knowledge for the Firm (such as , creation of databases, writing whitepapers/publications and Position Papers on contentions tax issues, tax ideation and other internal knowledge documents)
• Working closely with different teams and providing analysis to drive insight into specific client issues
• Identifying dated content and updating content on the knowledge database independently or in consultation with Partner.
• Track the progress of projects against the plans. Facilitate project requirements; capacity planning and prioritization
• Designing and developing written materials tailored to specific clients in support of business development and proposal efforts.
• Promote innovation at the Firm recognizing new concepts and facilitating its in depth analysis (e.g., facilitates documentation for KM of the new framework developed by client facing team as part of client work)
• Develop content for networking in external events & seminars. Share knowledge acquired from external forums with team members. Develops industry/ business and sector knowledge.
• Document solution provided on specific client problem and generalize the solution for future references.
• Ensure quality of content on KM platforms

Research & Technical Opinions

• Execute an exhaustive research for the clients in line with their expectations. Ensure usage of all tools (External market data/internal portals) to generate effective research.
• Undergo regular technical trainings/ knowledge sharing session within team to deliver effectively as well as efficiently.
• Review Notice/Orders and respond to them by way of the following: Analyze available information & prepare checklist to acquire necessary data/documents from client.

Client Management & Business Development

• Proactively communicating, responding and sharing updates & development of assignment on a regular basis with clients.
• Be the central point of contact and liaise with your client stakeholders, Managers, local stakeholders and the team.
• Proactively developing and maintaining relationships with CFOs and Tax Directors, thereby creating a high-quality professional network. Demonstrating professionalism by working within legal and regulatory guidelines while remaining independent and objective at all times.
• Identifying leads from public & private sources and constantly evaluating feasibility of new opportunities. Sharing new potential client database with Partners for review and guidance.
• Supporting partners to prepare pitch proposals for client meetings.

A/C Mining/Revenue

• Identifying new business opportunities in existing clients by keenly keeping track of developments at the client end, tax arena and overall industry trends.
• Building credibility and delivering high quality solutions while building rapport with client and key stakeholders to ensure repeat business.

Essential Skills, Experience & Attributes:

• 3 to 4 years of experience in Indirect tax practice.
• Passion to work in indirect tax field. Good understanding of indirect tax laws including GST
• Good command over MS Excel - can use formulas and comfortable with computations
• Strong interpersonal skills (ability to liaise at all levels). Ability to communicate and interact with clients
• An energetic and innovative individual with entrepreneurial attitude and strong business acumen.
• Financial analysis and modelling skills with excellent knowledge of data analysis and forecasting methods.
• Stress resilient with ability to handle multiple simultaneous priorities
• Ability to work cooperatively as well as independently under pressure with close attention to detail.
• Excellent planning and organizational skills with the ability to successfully adapt to changing priorities.