Manager - Taxation - Financial Firm

Direct Taxes

- Responsible for all direct tax matters including tax compliance, planning and advisory.

- Manage external tax service providers and the related fee budgets

- Review quarterly tax provisions and resolve any tax accounting issues together with Accounting and Corporate Tax on a timely basis.

- Secure tax incentives / deductions and ensure full compliance with the related requirements;

- Identifying various tax issues and escalating to the Management,

- Ensure that the appeals are filed on time and keep track of the hearings, orders and any other related action;

- Filing of refund applications and follow up with the authorities;

- Annual income tax return work of the Group Companies.

- Coordinating with the auditors in relation to tax audit work of the Group Companies.

- Computation of advance tax, self-assessment tax and MAT U/s 115JB

- Ensuring timely issuance of form 16 and 16A (TDS certificates) to vendors and employees.

- Complying with the statutory payments TDS, Equalization levy, Advance tax, Self-assessment tax, PF, ESI, and P Tax,

- Review of

- Transfer pricing document for TP Audit and Form 3CA, 3CD and 3CEB. o

- Return of Income tax, Statement of financial transaction (SFT), Equalization levy statement (Form-1).

- Submission for income tax proceedings and reconciliation of TDS in books with 26AS.

- Applying DTAA & Income Tax Act provisions on taxability of foreign remittance.

- Guiding and coordination with 15 regional accountants for tax compliance and accounting

- Managing scrutiny cases, making Appeal to CIT (A) and attending hearing up to the ITAT as company's council.

- Presentation of direct and indirect tax dashboard for the management.

- Preparation of justification note for DTA creation or retention/holding of it.

- Coordination with external consultant, auditors, income tax department for tax matter and accelerate the refunds.

Indirect Taxes

- Review of monthly GST working of multiple states

- Filling of monthly GST return (GSTR-1, GSTR-3B and GSTR -6) of multiple GST registration and payment of GST.

- Review of all GST input credit available ledgers account to avoid any a ailment of any block GST credit as per GST Law.

- Effectively handling of various queries raised by the state GST authorities and assessment for various states.

- Working of GST credit to be expensed off in relation to exempt outward supply or activity.

- Managing the booking of expenses state wise which reduce blockage of GST credit.

- Guiding the procurement and payable team for GST and TDS related queries.

- Managing the recon of GST credit available with GSTR -2A (GST Portal) and with financial statement and TDS return

- Improving the process of availment of GST credit to minimize the loss of GST credit.

- Cross state self -supply invoicing to effective utilization of state wise GST credit.

- Recon of GST payable on import of services or goods with quarterly filed 27Q TDS return.

- Duly implementation of place of supply (POS) and location of supplier (LOS) of rules as per the GST law.

- Knowledge of refund process under GST

Basic knowledge of financial statement