DGM - Taxation - Manufacturing Industry - CA

Position - DGM Taxation (Direct & In-direct Taxation)

Reporting to - CFO

Industry - Manufacturing

Location - Mumbai

Job Purpose :

- Lead and manage multiple operations of the tax practice area and to deliver quality tax services. You will serve as tax advisor to the management. Lead planning and ensuring compliance with applicable Tax Regulations. Expeditious resolution of Tax matters when need so arises. Keeping business leadership abreast of various tax implications on a continuing basis.

- Will be responsible for Managing the Direct (such as Corporate Income Tax) and all Indirect (such as FBT, Payroll, GST) tax matters for the organization. Ensuring the company's Management Committee is aware of Tax exposure and impact from asset disposals/structural business changes. recommending tax strategies that align with business goals, overseeing the company's tax database, recommending improvements to tax related systems, identifying areas to reduce tax exposure, understanding legislative taxation changes & forecasting tax liabilities.

Job Description -

Direct Taxation:

- Review calculation of advance tax based on various projection, adjustments etc.

- Involved in the statutory provision of tax and audit thereof.

- Driving conclusion of tax audit

- Prepare and file Return of Income well before the statutory deadline

- Advising internal department/groups on tax related queries i.e. payroll, payment team

- Advising tax implication on various transactions entered into by the company

- Collate details from various internal groups for the purpose i.e. yearly tax provision, estimating advance tax installment, return of income, assessment etc.

- Preparing Assessment details, calculation, submissions

- Appearing before the income tax authorities (including ITAT) for assessment, rectification, order giving effect, refunds, appeals.

- Prepare letter and working for Order giving effect to the appellate orders

- Preparing appeal to be filed before CIT(A) against the assessment order if claims are not allowed

- Preparing submissions in response to various notices issued by Income Tax Authorities

- Keeping track on movement of tax related accounts

- Group reporting to regional office based out of Hong Kong on quarterly basis

- Responsible to ensure that tax related compliance, litigation

- Transfer Pricing Assessment, litigation, documentations etc

- Transfer Pricing advisory to business and functions

Indirect Taxation:

- Responsible for smooth compliance under GST for all the group companies

- Responsible to ensure that all input tax credit under GST is availed and utilised

- Responsibility to ensure smooth conclusion of all outstanding litigation

Finance:

- Understanding of Indian Accounting Standards

- Responsible for conclusion of tax related matters in statutory accounts

- Proactively support and advise the Head of Finance on various tax related matters (including latest updates impacting business)

Qualification & Experience -

Chartered Accountant with minimum 10 - 12 years, with large business organisations/Firms, focused on direct and indirect taxes.