Lead - Tax - Logistics Firm - CA

India Tax Lead

Purpose : We are looking for a CA to lead the Indian Taxation team and would be facing the Govt. Authorities.

CTC : 20 to 25 Lacs

- Must be from a Big 4 audit firm. (EY/PWC/KPMG/Deloitte)

Overall Job Purpose :

- Monitor and control all tax compliance matters for India under the guidance of the India BA head and regional tax director.

- Monitor and control tax compliance in the name and on behalf of us in India under the guidance of the BA head of India.

- Creates efficient ways of working with all counterparties and improves Tax process management under the guidance of BA head of India.

- Ability to establish a local organization structure within India that is capable of fulfilling the local tax compliance requirements and considering Liners tax compliance requirements in the country under the guidance of BA head India and guidance of regional tax director

- Need to have a proactive approach to looking at processes and activities to avoid future challenges.

- Need to maintain the benchmark with the industry practices.

- Need to have the assertiveness to push the authorities for improvements in the system or processes.

Job Specification :

Key Accountabilities :

- Monitor and control direct tax including withholding tax for all entities in scope.

- Monitor and control indirect tax for all entities in scope.

- Monitor and control reporting, tax audit & compliance for all entities in scope.

- Monitor and control tax returns and timely filing of the tax returns with the tax authorities.

- Support and monitor all tax issues with the local Tax Authorities in communication with the regional Tax director.

- Support and advice on dealing with the local suppliers/vendors regarding tax purposes that are routed by the QSC team and area India.

- Monitor and control on-time payment of taxes payable in the jurisdiction of the area as well as ensure the posting of tax payments (for local entity and HLAG). Scrutinizing the entries posted for accuracy.

- Monitor and control on calculation and instruction of posting of current as well as deferred taxes in accordance with the local tax and IFRS standards to the QSC.

- Monitor and control on calculation and instruction of posting tax accruals and provisions.

- Controlling and managing the budget/payment to tax consultant effectively and efficiently for in-scope entities along with the regional tax director.

- Implementation of tax reforms in the area and related updates on IT systems along with Regional Tax Director and Central Tax Team.

- Managing the common drive archive, ensuring that all documentation is stored according to the compliance template.

- Engaging with tax consultants for tax compliance and advisory matters with approval from the Regional Tax Director.

- Creates efficient ways of working with QSC and improves Tax process management.

- Monitor and control on filing and payment of any taxes that must be paid in the name and on behalf (e.g. freight taxes, advance taxes, GST, etc).

- Tax Compliance ; Preparation of tax returns and timely filing of the tax returns with the tax authorities

- Tax Advisory ; Obtaining clarification from Tax consultants on disputes, issues, tax structuring, etc.

- Reviewing the TDS payment, rates, names, and other filing compliances is done properly.

- Handling of notices issued under different sections of direct-indirect tax laws seeking information from the company and responding to tax authorities in coordination with consultants/advisors.

- Lead the scrutiny assessments (direct tax and transfer pricing) GST audit including providing information in relation to the assessments in coordination with consultants/advisors.

- Execution of tax policies, setting up robust processes and documentation, and planning initiatives to optimize tax burden.

- Advising business teams on tax provisions for both domestic and international tax.

- Providing tax advice on agreements entered with the customers and Vendors and ensuring implementation of the same.

- Work with business and cross-functional teams to identify opportunities for tax optimization to maximize the tax benefits

- Ensure compliance with applicable internal controls, policies/ procedures including Internal Control for Financial Reporting; Foreign Corruption Practices Act (FCPA), and Foreign Exchange Management Act (FEMA)

Qualifications :

- Bachelor's/PG's Degree, preferably in Business Administration

- Chartered Accountant from ICAI

- Minimum 6 years of experience in a similar role

- Fluent in English speaking, writing, and reading

- Knowledge of legal and tax regulatory requirements in India

- Must be from a big 4 audit firm. (EY/PWC/KPMG/Deloitte)

- Must have handled the Shipping company's tax and assessment-related matters.

- A background of experience in tax consultancy or/and regional tax departments of multinational companies is a must.

Technical Skills :

- Knowledge of legal and tax regulatory requirements

- Knowledge of SAP will be added advantage.

- Must be well versed with Excel.

- Thorough knowledge of tax accounting and tax compliance principles

Competencies :

- Ability to anticipate future consequences and trends accurately

- Establishes a climate in which people strive to do their best

- Ability to organize people and activities to take advantage of synergies and integration, achieving more with fewer resources

- Ensuring that the mistakes are learned well and controls are placed so that the same mistake is not repeated in the future.

- Strong analytical skills

- Excellent communication skills

- Excellent collaborator and go-getter

- Good interpersonal skills

- Working knowledge of ERP Tally

- Knowledge of relevant direct taxes indirect taxes etc