FLO Individual Tax

3 days ago

India Gummidipoondi ThiruvallurTN Tamil Nadu Birla Carbon Full time ₹ 18,00,000 - ₹ 24,00,000 per year
Job Purpose

Responsible for timely & correctly processing of salary for all three plant, Regional office, Marketing, Birla Carbon Mumbai HQ and R&D Taloja Team and its payment; Calculation of TDS to be deducted from Salary of all Employee including verification of proofs submitted by employees; Employee related payment/ Loan/ Advance/ Travelling Bill etc. of all three plant except Corporate, RO & Marketing; Responsible for checking of payment vouchers and other activities related to General ledger accounting.

Job Context & Major Challenges

Job Context:
The combined production capacity of the 3 units is 3,46,000 MT p.a. with a combined Sales Turnover of Rs.2,502 Crs. Finance and Commercial function for all the three units is centralised at Regional office situated at Gummidipoondi. All activities related to Finance, Accounting & Commercial including Internal and External Financial Reporting are carried out at Regional office.

Job Challenges:
Coordination with all unit HR teams for accurate processing of salary, deductions for loans & advances and its payment after matching with Poornata and SAP system.

Accurate computation of TDS to be deducted from salary of all the employees including comparison with tax calculations by Poornata.

Verification of investment and other documents submitted by employees for claiming tax exemptions.

Checking of all payment vouchers for payments made to vendors and employees of all units and offices.

Key Result Areas KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)KRA1Salary Processing & Payment
• Providing list of deductions from salary for Loans & Advances and other deductions to unit HR team.

• Review of payroll received from unit HR teams for accuracy of salary and deductions.

• Validation of tax deductions in Poornata with manual calculations.

• Uploading of salary for all employees in bank for electronic payment.KRA2Posting of Salary and other payroll related expenses in SAP
• Posting of salary and other payroll related expenses e.g. PF, LTA, Medical etc. in SAP.KRA3Employee Income Tax Computation
• Manual computation of Income tax deduction from salary based on data maintained in Excel.

• Calculation of perquisites for various employee benefits and uploading in Poornata

• Verification of employee declaration with documents for investments and other deductions claimed by employees.

• Preparation of quarterly returns for TDS on salary.KRA4General ledger Accounting
• Booking of prepaid expenses on monthly basis

• Preparation of monthly provision sheet based on inputs from unit teams.

• Posting of JVs in SAP

• Booking of Employee travel claims for employees of all units excluding Corporate and Regional offices.

• Checking of payment vouchers for vendor payments

• Tracking of employee benefits including employee loans, Car, Furniture etc.

• Reconciliation of payroll related GLs with Poornata

• Preparation of various statements for statutory and tax audit

  • Individual Tax

    3 days ago

    All India Birla Carbon Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    As a Finance and Commercial Manager for three units with a combined production capacity of 3,46,000 MT p.a. and a Sales Turnover of Rs.2,502 Crs, your role will be pivotal in overseeing the Finance, Accounting, and Commercial activities centralized at the Regional office in Gummidipoondi. Your main challenge will lie in accurately computing TDS deductions...

  • Business tax manager

    4 weeks ago

    India USA Tax Gurus LLC Full time

    US Business Tax Manager (Remote)Job Summary: USA Tax Gurus LLC, is a remote US Tax and Accounting firm, seeking a highly skilled and experienced Certified Public Accountant (CPA) and Enrolled Agent (EA) to join our team. The ideal candidate should possess excellent social skills to communicate with US clients, have in-depth business tax knowledge, be a...

  • Tax Specialist

    3 weeks ago

    tamil nadu, India Alp Consulting Ltd. Full time

    Job Title: Tax Reviewer – Form 1040 (Expat/Inpat Tax) Location: Chennai, Bangalore, Hyderabad, Kolkata, Kochi, Gurugram Job Summary: We are seeking a skilled Tax Reviewer with experience in U.S. individual tax (Form 1040) and global mobility (expatriate and inpatriate tax). The role involves reviewing U.S. tax returns for internationally mobile employees,...

  • Manager - US Individual Tax 1040 (HNI)

    3 weeks ago

    india Withum Full time

    Withum is a place where talent thrives - where who you are matters. It’s a place of endless opportunities for growth. A place where entrepreneurial energy plus inclusive teamwork equals exponential results. Withum empowers clients and our professional staff with innovative tools and solutions to address their accounting, tax and overall business management...

  • Assistant Manager Expatriate and Individual Tax

    3 days ago

    New Delhi, , India ASA and Associates LLP Full time ₹ 15,00,000 - ₹ 30,00,000 per year

    Assistant Manager – Expat Taxation   About the company ASA is a full service firm of corporatestrategists, accountants, tax advisory experts, and financial and marketinganalysts with over 32 years of experience. Our prime clientele is corporateoperating cross border and assist them in setting up their business, M&A,partner search, audit, taxation, and...

  • Tax Specialist

    2 weeks ago

    Chennai, Tamil Nadu, India, Tamil Nadu Alp Consulting Ltd. Full time

    Job Title: Tax Reviewer – Form 1040 (Expat/Inpat Tax)Location: Chennai, Bangalore, Hyderabad, Kolkata, Kochi, GurugramJob Summary:We are seeking a skilled Tax Reviewer with experience in U.S. individual tax (Form 1040) and global mobility (expatriate and inpatriate tax). The role involves reviewing U.S. tax returns for internationally mobile employees,...

  • Director - Tax Advisory

    6 days ago

    tamil nadu, India PKC Management Consulting Full time

    Why PKC? At PKC, our mission is (P)rosperity for our clients through (K)nowledge, while (C)aring for our people. Since 1988, we’ve helped businesses of all sizes solve complex challenges in Taxation, Audit, Consulting and CFO services. We blend deep expertise with a people-first culture, ensuring our clients grow and our team thrives. Roles: 1. Tax...

  • Director - Tax Advisory

    6 days ago

    tamil nadu, India PKC Management Consulting Full time

    Why PKC?At PKC, our mission is (P)rosperity for our clients through (K)nowledge, while (C)aring for our people. Since 1988, we’ve helped businesses of all sizes solve complex challenges in Taxation, Audit, Consulting and CFO services. We blend deep expertise with a people-first culture, ensuring our clients grow and our team thrives.Roles:1. Tax...

  • Director - Tax Advisory

    3 hours ago

    tamil nadu, India PKC Management Consulting Full time

    Why PKC?At PKC, our mission is (P)rosperity for our clients through (K)nowledge, while (C)aring for our people. Since 1988, we’ve helped businesses of all sizes solve complex challenges in Taxation, Audit, Consulting and CFO services. We blend deep expertise with a people-first culture, ensuring our clients grow and our team thrives.Important...

  • US Individual Taxation

    3 days ago

    Ahmedabad, Gujarat, , India Trowbridge Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    US Individual TaxationLocations: Ahmedabad, Pune or MumbaiDUTIES & RESPONSIBILITIES Preparing simple to complex US Personal Income Tax returns Detailed review and analysis of Tax information Preparing draft communication in response to client queries. Performing, documenting, and summarizing research and conclusions regarding specific tax issues as required...