Chartered Accountant - Direct Tax

- As a Chartered Accountant specializing in Direct Tax, you will be responsible for managing and optimizing the direct tax function within the organization. This role involves ensuring compliance with tax regulations, minimizing tax liabilities, and providing strategic advice on tax planning. The CA - Direct Tax will work closely with internal teams and external stakeholders to ensure alignment with financial goals and legal requirements.

- Responsibilities: Tax Compliance: Ensure accurate and timely filing of direct tax returns in compliance with local tax laws and regulations. Monitor changes in tax legislation and update internal stakeholders on potential impacts. Tax Planning: Develop and implement tax planning strategies to optimize the organization's direct tax position. Provide guidance on legal and effective ways to minimize tax liabilities.

- Transfer Pricing: Oversee transfer pricing policies and documentation to ensure compliance with applicable regulations. Coordinate with relevant departments to establish and maintain arm's length pricing. Tax Audits and Assessments: Manage and represent the organization during direct tax audits and assessments.

- Collaborate with legal and finance teams to address audit queries and findings. Advisory Services: Provide strategic tax advice to internal stakeholders on business transactions, investments, and other financial activities. Analyze the tax implications of proposed initiatives and recommend optimal structures. Tax Reporting: Prepare and review tax-related financial reports for internal and external purposes. Ensure accurate and transparent disclosure of tax information in financial statements.

- Risk Management: Identify and assess direct tax risks, proposing mitigation strategies as needed. Implement controls to manage tax-related risks effectively. Collaboration with External Consultants: Work with external tax consultants and advisors to obtain specialized expertise as required. Ensure seamless collaboration and transfer of knowledge.

- Documentation and Recordkeeping: Maintain comprehensive documentation of direct tax positions, transactions, and compliance records. Establish a systematic recordkeeping system for tax-related documents. Internal Training: Conduct training sessions for internal teams to enhance understanding of direct tax regulations and implications. Keep relevant departments informed about changes in tax laws that may impact their functions.

- Qualifications: Education: Chartered Accountant (CA) qualification is essential. Additional qualifications such as a Masters in Taxation or a relevant certification is advantageous. Experience: Substantial experience in direct tax planning, compliance, and advisory roles. Experience in handling tax audits and assessments. Regulatory Knowledge: In-depth understanding of local and regional direct tax laws and regulations.

- Familiarity with international tax regulations and transfer pricing principles. Analytical Skills: Strong analytical and problem-solving skills to assess complex tax issues. Communication Skills: Excellent written and verbal communication skills to convey complex tax matters to non-specialist stakeholders.

- Collaboration: Ability to collaborate effectively with internal teams, external consultants, and regulatory authorities. Ethical Conduct: Adherence to high ethical standards in handling sensitive tax information. Continuous Learning: Commitment to staying updated on changes in tax laws and industry best practices.