Assistant Vice President - Taxation - Direct & Indirect - Health Insurance - CA

Leading Organization Health Insurance, Mumbai

Reports to Vice President - Finance and Accounts

Team Reporting A team size of 4 members

Candidate Requirement- must be from BFSI

CA with 8 to 10 years of experience in the Taxation area in the Health or General Insurance Domain

- Candidate having sound subject knowledge and experience in handling Tax Audit, Transfer Pricing Audits, ITR filing, GST Audits, Stat Audits, and replying to and managing submissions in response to various notices about Income Tax and GST Area

- Good Communication skills & team handling skills

THE JOB

- Job Purpose Ensure all the activities under both Direct and Indirect Tax functions get executed in line with applicable provisions on a timely basis with end-to-end compliance.

- Closely work with all team members to review and guide them for BAU tasks and ensure timely and effective closure of tasks.

- Work towards the enhancement of the function productivity and appropriate growth of the team members, keep updating on new provisions & amendments, make processes more robust, and bring automation

- Review TDS and PT liability to ensure appropriate compliance with all the provisions to avoid any litigation in the future and their timely settlement.

- Review all GSTR Returns monthly and ensure timely filing and settlement of liability.

- Coordinate with Consultants, prepare and submit data for their replies, detailed review their draft submissions before filing with the department and ensure timely replies of all the notices and orders of the Income Tax and GST department to avoid any further litigation.

- Coordinate with team members on a daily basis, review their jobs, and guide them for timely and effective closure of tasks.

- Managing activities like month close, TDS Books Vs Portal Recon, Optimum utilization of GST credit, resolving queries and replying to internal and external stakeholders, taking active participation, and share inputs during project implementation related to the Taxation area.

- Manage, Review, and lead various audits like Tax Audits, Transfer Pricing, GST Audits, Stat audits and ITR filing to ensure they will get closed in time without any major observations.

- Discuss and share updated status about any new notices as well ongoing litigation and assessment on a regular basis with senior management for their review and feedback.

- Resolving queries related to TDS returns and Portal demand