Hiranandani Financial Services - Senior Manager - Direct & Indirect Tax

Job Description:

Position Overview:

- We are seeking a highly skilled and experienced Senior Manager for our Direct and Indirect Tax department.

- This role is crucial in ensuring compliance with tax regulations, facilitating audits, and optimizing tax processes within our organization.

- The ideal candidate will possess a comprehensive understanding of GST and TDS management, along with the ability to efficiently handle tax-related data and coordinate with stakeholders.

Key Responsibilities:

Indirect Tax (GST):

- Oversee the checking and filing of monthly GST returns, including GSTR-1 and GSTR-3B.

- Conduct reconciliation of GST output liability and Input Tax Credit (ITC) with books of accounts and ITR ledgers.

- Facilitate GST audits by providing necessary information, reports, and documents in a timely manner.

- Coordinate with GST auditors and ensure timely filing of annual GST returns.

- Prepare GSTR-9 and GSTR-9C reconciliations for annual filings.

Direct Tax (TDS):

- Compile data for monthly TDS payments and submit it for review.

- Compute TDS liability and ensure timely payment.

- File TDS returns and issue TDS certificates.

- Rectify TDS data and errors as needed, and respond to any SCNs issued by government departments.

- Review TDS liabilities based on General Ledger (GL) and make necessary rectification entries.

Tax Compliance and Reporting:

- Provide details as required in Form 3CD to tax auditors for verification.

- Prepare ITR-6 using the offline utility and submit it for review.

- Work on advance tax calculations on a quarterly basis.

- Prepare data and draft responses for notices related to assessment, show-cause notices, and intimations issued by tax departments.

Systems & Process Improvement:

- Efficiently implement tax-related changes in SunSystems to ensure smooth reporting of tax reports.

- Incorporate efficiency in tax workings with SunSystems.

- Evaluate tax-related updates and communicate their impact on HFS to concerned stakeholders.

- Issue advisory or informative mail communications to stakeholders.

Qualifications and Skills:

- Bachelor's degree in Accounting, Finance, or related field (Master's degree or professional certifications such as CA, CPA preferred).

- Extensive experience in GST and TDS management.

- Strong understanding of tax compliance, reporting, and reconciliation processes.

- Proficiency in tax software and systems, particularly SunSystems.

- Excellent analytical, communication, and coordination skills.

- Ability to handle multiple tasks and work under tight deadlines.