TM Taxation

1 week ago

Bengaluru, Karnataka, India Aditya Birla Fashion and Retail Ltd. Full time

Job Purpose
Direct Tax

  • Co-ordinate and extend necessary support for timely closure of tax audit, assist in preparation and timely filing of the company's income tax return, assist in meeting all other DT related compliances as and when they fall due
  • Support in quarter closure and year end activities on tax provisioning, ETR calculations etc
  • Assist in responding to scrutiny and other income tax notices as well as appeal matters
  • Assist in responding to internal tax queries
  • Keep abreast of developments in the field and take up responsibility to proactively update the stakeholders on the same

Indirect Tax

  • Prepare/ draft written responses to routine inquiries, data requests, responses to subsidiaries, prepare and modify documents including correspondence, reports, drafts and emails for data requests, etc. to & from subsidiaries
  • Work in a dynamic tax environment with focus on indirect tax matters (including GST) such as new business initiatives, M&A, contract reviews, implementation of tax technology and general technical indirect tax questions to & from all subsidiaries
  • Undertake reviews and analyze the existing systems and processes for improvement across subsidiaries

Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1 Advance Tax, Provision for Tax and Deferred Tax:

  • Finalization of Advance Tax and Provision for tax calculations.
  • Critically analyze all legal and factual aspects of emerges in the advance tax and Provisions calculations.
  • Ensure best estimation of advance tax in sync with provision for taxation.

KRA2 Ensure compliance of Tax Audit &timely filing of Tax Returns:

  • To inform companies on various amendments in compliance of Tax Audits / Transfer pricing audits. Resolving queries of Tax auditors and ensuring timely completion of Tax audit.
  • Ensuring finalization of tax returns and notes thereto (Income-tax & Wealth-tax). Review of tax returns of Employee welfare trust, Gratuity Trust etc.

KRA3 Quantifiable data on additional Revenue / delta profit estimated

Qualitative benefits of adding this position (Process, Customer, People metrics) Indirect Tax

  • Roll out the compliance calendar and track the IDT compliance of 12+ group entities/subsidiaries across PAN India locations thru the inhouse team/ T.P. role of subsidiaries. Flag the non-compliances on monthly basis for necessary corrective action
  • Each subsidiary is having presence in 3-5 states now and all are having exponential growth projection during next few years by spreading its presence to T1-T2 cities. Handholding in-house team, providing timely support and guidance to ensure smooth functioning is the need of the hour for business expansion
  • Ensure the standard compliance procedures are being followed across the group entities and align them to the ABFRL compliance process and internal control
  • Help business to navigate the customer/ Vendor related issues from GST perspective in line with ABFRL processes and control in place

KRA4 Tax planning and carving efficient tax structuring to optimize tax benefits: Direct Tax

Currently, the above responsibilities are being handled. The nature of work requires lot of efforts at the ground level too. It is therefore necessary to have a team member to assist carrying out ground level work. Further, with the addition of more subsidiaries, the volume of work has gone up in terms of monitoring their tax compliances, reviewing their tax provisioning etc. Hence the need for an additional team member.

Indirect Tax

Presently the support is extended by the reporting manager directly under CFD capacity to guide subsidiaries for their overall IDT compliances.

As the number of subsidiaries/group entities increased from 2 to 12+ in a span of 2 years, an additional resource was necessary to monitor and support all the subsidiaries along with ABFRL stand-alone IDT compliance.

  • Render support in timely closure of all direct tax related compliance activities like tax audit, return filing etc.
  • Support in smooth closure of quarter and year end activities
  • Assist in collating details so as to enable filing timely responses to income tax and appeal notices
  • Carry out extensive and exhaustive research for responding to tax queries as and when they come up
  • Prepare updates to be circulated to stakeholders in the field of DT

  • Analyst Payroll

    2 weeks ago

    Bengaluru, Karnataka, India Target Full time ₹ 12,00,000 - ₹ 25,00,000 per year

    About the teamThis team is responsible to handle the nonexempt & exempt pay for US Target Team with 100% accuracy, meeting the timeliness and ensuring compliance with federal and state laws. Training and developing subject matter expertise of existing and new TMs, and maintaining process documentation in partnership with HQ team. Communication with internal...

  • Analyst Payroll

    13 hours ago

    Bengaluru, Karnataka, India Target Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    About us:As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices...

  • Analyst Payroll

    20 hours ago

    Bengaluru, Karnataka, India Target Full time ₹ 60,000 - ₹ 1,20,000 per year

    About us:As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices...

  • Deputy Manager

    1 week ago

    Bengaluru, Karnataka, India Meesho Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    About the TeamAs Assistant Manager - Finance, you will be one among the 50+ professionals working in domains such as Financial Reporting, Finance Operations, Business Finance, Treasury Management and Taxation. The team consists of Chartered Accountants, Business experts and Engineers, who have previously worked for internationally renowned organizations.Our...

  • Manager - C&O (ex TM) Stress Testing

    1 week ago

    Bengaluru, Karnataka, India Standard Chartered Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Job DescriptionJob SummaryManger will be responsible for maintenance, execution & enhancement of a suite of Central & Others excl Treasury models – eg. Opex, Tax, Other Banking, OR RWA, Leverage, Bank Levy, et al.Key ResponsibilitiesEnterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and...

  • Manager Solution Procurement

    9 hours ago

    Bengaluru, Karnataka, India Schneider Electric Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job DescriptionGENERAL INFORMATIONName of Entity:Schneider Electric IndiaFunction/Department:Digital Buildings DBSL2 / DBIBSPosition Title:Manager– Solution ProcurementReports to (position title):Head of ProcurementJob Location: Millers Road office ,BangaloreMISSION (Why the position exists)The position will be leading solution procurement activities who...

  • TM Accounts and Admin

    2 weeks ago

    Bengaluru, India Jsm Technologies Full time

    Job Description - Handle complete finance and accounts operations, from voucher entry to finalization of accounts - Manage all taxation-related matters including compliance and documentation - Ensure timely statutory filings across applicable regulations - Prepare and maintain all finance and accounts-related MIS reports - Handle budgeting and forecasting...

  • (Only 24h Left) SAP Vertex Consultant

    2 days ago

    Bengaluru, India TEKNIKOZ Full time

    Job Description Greetings from Teknikoz Experience : 7+Years Roles and Responsibilities - 710 years of hands-on experience in SAP functional modules (SD, MM, FI) with deep expertise in Vertex O Series integration. - Strong understanding of SAP tax procedure configuration, pricing conditions, and tax code management. - Experience with Vertex Accelerator /...

  • TTL Process

    4 weeks ago

    Bengaluru, India Hitachi Rail Full time

    Description :Mission Statement: We are seeking a skilled and experienced Process & Change Management Specialist for APMEA region to join our dynamic TTL Global Continuous Improvement & Systems Team in Hitachi Energy. The ideal candidate possesses deep expertise and knowledge of SAP TM. Additional knowledge of SAP BN4L, SAP Procure-to-Pay (P2P) and...

  • Sap Fico Consultant

    2 weeks ago

    Bengaluru, Chennai, Delhi, NCR, India Wipro Full time ₹ 5,00,000 - ₹ 25,00,000 per year

    Location: PAN India Knowledge of SAP FICO module, functionality and business processes - Authority on the integration of Business Processes to SAP Master Data, integration between the various SAP modules and to subscribing systems. - Provide guidance to the businesses on the appropriate use of the SAP system - Review, analyse, and evaluate as-is business...

  • Manager - C&O (ex TM) Stress Testing

    3 days ago

    Bengaluru, India Standard Chartered Bank Full time

    This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Job Summary• Manger will be responsible for maintenance, execution & enhancement of a suite of Central & Others excl Treasury models - eg. Opex, Tax, Other...

  • [High Salary] Manager

    3 weeks ago

    Bengaluru, India ACCA Careers Full time

    Job Description Job Summary - Manger will be responsible for maintenance, execution & enhancement of a suite of Central & Others excl Treasury models eg. Opex, Tax, Other Banking, OR RWA, Leverage, Bank Levy, et al. Key Responsibilities - Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams,...