AVP - Indirect Tax - CA - BFSI

JOB DESCRIPTION

1. JOB PURPOSE :

To lead the Corporate Taxation Vertical in the organization and across the co's within financial services group and to ensure compliance with the statutory and regulatory indirect tax laws.

2. PRINCIPAL ACCOUNTABILITIES :

Lead the Corporate Taxation department for Indirect Taxes for all group companies under the financial services group

Drafting the replies to the various Show Cause Notices received and ongoing notices received from Service Tax and Sales Tax department

Appearing before revenue authorities in relation to EA 2000 audit, CERA audit and DGCEI Investigations

Adherence to relevant Acts and Statues

Preparation and submission of relevant data, reconciliations and information as required by revenue authorities

Overview and advice on All India VAT related matters and dealing with the Consultants in regards to various VAT issues

3. SCOPE INCLUDES :

Providing guidance to the co's under financial services group on tax related matters

Ensure timeliness and correctness in monthly Tax payments and periodic Service Tax returns

Monthly reporting of Tax issues and status to top management

Following up for Tax refunds, registrations, appeal effects, etc.

Monthly meeting with businesses to resolve the critical and pending tax issues and update the progress of tax cases pending at various Appellate levels

Analysis of the changes in laws, regulations, accounting principles, judicial pronouncements and interpret its tax implications for all the companies in financial services group

Review of the mechanism for availment of Service Tax Credit

Providing Guidelines for change in system of Accounting entries, required if any

Providing guidelines for changes in system of Credit Availment, taking into account the revised reverse charge scenario

Continuous Training to the Accounts team and Indirect Tax team for implementation of the new system in the New Era of Negative List of Services

SKILLS AND KNOWLEDGE :

Educational Qualifications :

- CA preferably first attempt qualified

Functional Skills:

- Understanding of Financial Services Business

- Excellent knowledge of Indirect Taxation mainly Service Tax and VAT

- Excellent drafting skills required

- Flair for process improvements and automations

- Relevant and total years of Experience

- 8-10 years of experience in handling the taxation department of a national / multinational financial institution.