Head - Direct Tax - CA

Purpose Of The Role / Functional Context :

- To ensure compliance of statutory requirements relating to Direct Tax including statutory filings, tax audits and litigations

- Strategic direct tax management ensuring availment of eligible tax benefits and mitigating tax risks

- To advise for withholding tax applicable with reference to foreign remittances and ensure all related requirements are complied with

- To ensure timely and correct regional reporting, including collaboration with the Finance team in connection with the submission of Tax Packs, Tax Review Templates, True up templates, Uncertain Tax Positions (UTP), ETR forecasts, monthly current tax and deferred tax provision working, etc.

- To constantly improve operating efficiencies and make Tax best in class

Job Responsibilities :

- To ensure timely filing of Corporate Tax returns, submission, appeals at different levels of litigation etc. in respect of Direct Tax

- Overall in charge of Tax audit, submission tax schedules, transfer pricing certification, Transfer Pricing Study for all Group entities such as MIFL, IFL, KJS and all foreign affiliates for which direct tax compliance needs to be done in India.

- Appearing with/without consultants for Transfer Pricing Assessments and Corporate Tax Assessments and getting assessment completed with least possible disallowance.

- Detailed discussion on firming up approach with Regional Tax Head and consultants before approaching for assessment hearings.

- Working on preparation of sound arguments and detailed documentation with Business Teams and other finance teams to minimize counter allegations of Tax authorities on tax disallowances, transfer pricing disallowances, etc.

- Managing any queries, inquiry etc. by Direct Tax authorities on the company

- To drive improvement areas based on the experience of litigation with tax authorities

- To maintain contingent liability status and tax schedules for direct tax

- Group Tax reporting compliance (Collaboration with the Finance team to ensure timely and correct regional reporting, including submission of Tax Packs, Tax Review Templates, True up templates, UTP, ETR forecasts, etc.)

- To maintain comprehensive database of each level in Direct Tax Litigations

- Timely and accurate advice on applicability of withholding tax for foreign remittances and domestic transactions

- Timely filing of TDS returns in respect of foreign remittances

- Working on any new projects with respect to Direct tax implication

- New Direct Tax Code implementation in Mondelez India Foods Limited/other entities- GAAR provisions.

- Manage new initiatives including shareholding pattern, AAR filing, APA, etc.

- Advising on new changes in Direct Taxes to the company including quantification of tax impact.

- Collaboration with the Finance team in the computation of periodic tax provisions (current tax & deferred tax).

- Managing external service providers as required, including facilitating multi-jurisdictional coordination

- Manage tax assessments

The Ideal Candidate :

- CA with 9 to 12 years- experience (depending on quality of experience) with passion to develop in the field of taxation.

Would prefer prior work experience with a Big 4 consultancy. Industry experience mandatory - Pure consulting experience is not desired.

Technical / Functional skills :

- Expert understanding of direct tax provisions in India

- Expert understanding of transfer pricing requirements

- Strong business acumen

- Working knowledge of general accounting and SAP - Exposure to US GAAP mandatory

Behavioral competencies :

- Business orientation

- Excellent level of communication, both written & oral

- Be self-driven with a willingness to challenge status quo

- Maturity to deal with diverse objectives and people

- Hard working and willing to do regional reporting