Manager - Taxation - Manufacturing Firm

Job Title : Manager - Taxation

Department : Finance

Location : Kashipur

Reports To : Finance Head

Job Summary: The Manager - Taxation is responsible for overseeing the company's tax function, ensuring compliance with all direct and indirect tax regulations in India. This role involves the strategic management of tax planning, tax compliance, and tax reporting, as well as liaising with tax authorities and auditors. The ideal candidate will have in-depth knowledge of Indian tax laws and regulations, and a proven track record in managing complex tax issues.

Key Responsibilities:

Tax Compliance:

- Ensure timely and accurate filing of all tax returns including Income Tax, GST, TDS, and other applicable taxes.

- Monitor changes in tax laws and regulations, and ensure the company's tax practices remain compliant.

- Coordinate with external tax advisors and auditors to ensure compliance with statutory requirements.

Tax Planning:

- Develop and implement tax-efficient strategies to optimize the company's tax position.

- Provide tax advice on business transactions, mergers, acquisitions, and other strategic initiatives.

- Evaluate and recommend tax-saving opportunities and strategies to senior management.

Tax Reporting:

- Prepare and review tax provisions, ensuring accurate reporting in financial statements.

- Maintain and manage all tax-related documentation, including tax assessments, notices, and correspondence with tax authorities.

- Ensure proper documentation and accounting for all tax-related transactions in accordance with Indian GAAP/Ind AS.

GST Management:

- Oversee GST compliance, including timely filing of GST returns, and ensuring accurate reconciliation.

- Handle GST audits and assessments, and provide responses to queries raised by tax authorities.

- Keep the organization updated on GST-related developments and ensure proper implementation of any changes.

Tax Audits and Assessments:

- Manage tax audits conducted by external auditors and tax authorities.

- Prepare and review tax assessments and respond to notices and demands from tax authorities.

- Represent the company in tax assessments, hearings, and litigation, if required.

Transfer Pricing:

- Ensure compliance with transfer pricing regulations, including documentation and reporting.

- Work with international tax teams to manage transfer pricing issues related to cross-border transactions.

- Assist in the preparation of transfer pricing documentation and reports.

Team Management and Development:

- Lead and manage a team of tax professionals, providing guidance, training, and performance management.

- Foster a culture of continuous improvement, encouraging team members to stay updated with tax laws and practices.

- Coordinate with other departments to ensure tax considerations are integrated into business decisions.

Qualifications:

Educational Background:

- CA (Chartered Accountant) is required; additional qualifications like LLB, MBA (Finance), or certifications in tax are preferred.

Experience:

- Minimum 6-9 years of relevant experience in taxation, preferably within a large corporate or Big 4 firm.

Skills:

- In-depth knowledge of Indian tax laws (direct and indirect taxes) including Income Tax Act, GST laws, TDS, etc.

- Strong analytical, problem-solving, and communication skills.

- Proficiency in financial and tax software (e.g., SAP, Tally, tax compliance tools).

- Ability to work under pressure and manage multiple priorities.

- Experience in handling tax litigation and assessments is a plus.