Manager/Deputy Manager - FPI Tax - Consulting Firm

FPI Tax- Manager/ Dy. Manager- Reputed consulting firm

Job Description :

Independently handling FPI tax and international tax assignments including :

- Taxation of Foreign Portfolio Investor

- FPIs Annual Tax Return Filing

- Withholding tax advisory and certification

- Advisory on international tax issues

- Structuring of inbound investments

- Handling Certifications required for foreign payments / remittances

- Representation before tax authorities

- Client interface, liaison and relationship

- Managing a team including qualified accountants

- Working on Alternate Investment Funds, including

- Assisting in checking the accuracy of daily/monthly NAVs of Equity Funds.

- Assessing the revenue earned by the distributor for associating clients with the firm.

- Distributing income to investors after discussion with fund managers.

- Verifying the posting control received from the custodian for allotment of units to investors on the basis of drawdown amount received.

- Calculating monthly and quarterly tax liabilities for the Alternative Investment Funds.

- Analyzing the change in NAV on monthly basis for Equity Funds.

- Reviewing and coordinating with the custodian for preparation of financials for CAT II & CAT III Funds.

- Resolving queries raised by Statutory/ Internal/ Concurrent Auditors.

- Analyzing the impact of Corporate Action (i.e. Stock Splits, Demerger etc.) on the holdings of the fund.

Desired Candidate Profile:

Level : Deputy Manager / Manager

Location : Mumbai

Qualification : CA/Non-CA

Years of experience : 5 8 years

- Will handle a team of 5-6

- Looking for candidates with experience in

- FPI recording transactions of foreign funds which invest in Indian stock markets, calculating their gains/losses, advising them on investment etc.

- AIF tax returns, advance tax etc. for funds (debentures)

- Role will involve communication with foreign clients

- Must have good knowledge of Financial services sector including FPIs

- Income-tax (domestic and international tax)

- Good knowledge on interpretation of double tax avoidance agreements

- Knowledge on taxation of capital gains and interest income.

- Income tax compliance, planning and advisory for FPIs

- Representation before tax authorities

- Working knowledge on International tax structuring

- Experience in/exposure to FEMA will be an added advantage

- Proven leadership abilities

- Very good communication skills including legal/technical drafting

- Very good interpersonal skills

- Good analytical and process skills

Perks and Benefits : As per industry standards