Associate - Direct Tax - Financial Services

Associate - Direct Taxation

JOB LOCATION - Mumbai

Role DESCRIPTION : 

Manage multiple operations of the tax practice area and to deliver quality tax services. Serve as business advisor to clients aiming at maximizing engagement and achieving qualitative outcomes.

DIVISION / DEPARTMENT : Client Support

SUBDIVISION - Direct Taxation

DETAILED JOB DESCRIPTION :

Client Delivery : 

- Assist in CIT(A) / ITAT / preparing case for opinion / briefing counsel and Draft submissions for scrutiny / appeals.

- Handle complex tax / TP issues and developments such as BEPS, GAAR, indirect transfers, AMP related adjustments etc. Acquiring all necessary information/Documents from client and Reviewing documents/forms/returns internally to maintain accuracy.

- Maintain data controls of research papers and conduct hygiene checks on regular intervals. Prepare service summary.

- Understanding client requirement from Client/Principals and gearing up to deliver by way of the following: Analysing available information & prepare checklist to acquire necessary data/documents from client

- Undertaking comprehensive reviews of business operations to identify tax planning opportunities as well as compliance gaps. Administer all direct tax processes and compliance, including corporate tax, transfer pricing, financials related certifications, fringe benefit tax, withholding tax etc.

- Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions while involving Articles in data research for working on the base report of the assignment.

- Planning & strategizing approach for litigation and exploring novel ways to resolve tax disputes of clients. Innovating & enhancing processes to achieve commercial targets effective.

- Supporting Principals & Partners by drafting memo's/ opinions and reports, getting them reviewed and presenting the final report with client for closure. Building client relationship and confidence by demonstrating thorough understanding and of the client's requirements and business.

- Demonstrating professionalism by working within legal and regulatory guidelines while remaining independent and objective at all times.

- Drafting Appeals for review by Partner/principal & attend hearing. Planning & Coordinating with clients for obtaining necessary documents. Attending hearings/ submission of appeal and proactively updating the client on a regular basis with regards to assignment development.

- Reviewing Notice/Orders and responding to them by way of the following: Analyzing available information & preparing checklist to acquire necessary data/documents from client. Researching & scrutinizing all aspects of the assignment with the team to ideate and provide optimal solutions.

DETAILED JOB DESCRIPTION : 

BD Support : 

- Draft & prepare proposals & pitch presentations. Evaluate potential business acquisition areas. Assist principal/partners in preparing strong pitching ground to acquire new business.

- Evaluate potential business acquisition areas and possible additional service expansion opportunities.

- Identify leads from external & existing clients. Grow industrial knowledge and scope to enhance services to existing clients.

- Draft engagement letters accurately. Take care of the end to end invoicing process including follow ups for outstanding's & tracking payment status.

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.

People & Team Management : 

- Conduct regular connect sessions with team to identify areas of interest & expertise. Ensure task are equally & fairly allotted to the team.

- Design coaching programs to groom Trainee Articles. Promotes the Dhruva way using examples and incidents around the Dhruva values.

Knowledge Management : 

- Regularly update Knowledge management database with new updates. Share industry updates with the team and encourage sharing of best practices within team and across teams.

- Develop content for networking in external events & seminars. Share knowledge acquired from external forums with team members. Develops industry/ business and sector knowledge.

Brand Management : 

- Representing & endorsing Dhruva's expertise and scope of service at various external forums. Interacting with peers and building a high-quality network in the industry.

- Publishing articles& research papers on regular basis. Sharing knowledge and learning at external forums to increase visibility and credibility.

- Sound academic record 

- Sound knowledge of Indian income tax law 

- Ability to read and interpret case laws 

- Legal research work on tax matters 

- Filed corporate tax returns 

- Drafted submissions for scrutiny / appeals 

- Follow up at tax office for refund / rectifications etc. 

- Handled assessments with seniors 

- Compiled documents relating to CIT(A) / DRP - grounds of appeal / statement of facts etc. 

- Drafting and researching on Tax Opinions - Section 195 (foreign remittance Certifications

 - Practical work exposure of MS word, excel and power-point 

- Basic update on tax developments in India - Transfer pricing (compliance / representation / advisory) 

- International taxation (compliance / representation / advisory) 

- FEMA / RBI related matters (compliance / representation / advisory)

 - Directly involved in counsel briefings 

- Attended International tax / TP courses / certifications / seminars / conferences 

- Leadership roles during / after articleship 

- Grasp over complex tax / TP issues and developments such as BEPS, GAAR, indirect transfers, AMP related adjustments etc.Agreement drafting and review