RenewBuy - Direct Taxation Specialist - CA

Role Description: This is a full-time on-site role for a Direct Tax Specialist located in Gurugram.

As a Direct Tax Specialist at RenewBuy, you will be responsible for performing tax accounting functions, preparing and reviewing tax returns, conducting tax research, and ensuring compliance with applicable tax laws and regulations.

You will also collaborate with internal teams and external auditors to address tax-related inquiries and provide support during tax audits.

Responsibilities :

- To ensure compliance as per the provisions of Income Tax Act, Goods and Service Tax Act, Professional Tax etc by various entities of the group

- Monitor, review and guide the team to set up effective record keeping systems and proper maintenance of records as per applicable laws and regulations

- Ensuring accurate determination and timely payment of all tax liabilities including Advance tax, GST, Professional Tax on monthly basis

- Ensure timely completion of Tax audits and Transfer Pricing audits

- Expert in preparing Deferred tax workings, data for tax audits and getting timely Tax audit done for all the entities

- Preparing Income Tax Computations as per INDAS and IGAAP and timely filing of ITR's for the Group

- Ensuring timely and correct filing monthly and Yearly GST returns as per law

- Effective corporate tax planning including transfer pricing, international taxation, withholding tax matters, for payment of optimum amount of tax in accordance with law

- Comply with corporate and personal tax matters by ensuring timely filing of Tax and GST returns and advising for payment of taxes etc.

- Ensuring TDS compliance on foreign payments

- Coordinate with financial controller to obtain various reports from Auditors required for compilation and filing of various returns

- Represent various entities before the assessing authorities under statutes mentioned above

- Track various amendments and changes in laws and to intimate the same to the concerned departments of group entities for compliance and to minimize tax liability by interpreting changes in various sections, provisions and clauses of the applicable regulations in favour of the organization.

- Lead defence against any tax investigation.

- Defend various notices and appeals etc, prepare and file replies for various assessments, Show Cause notices etc under Direct and Indirect Tax both

- Coordinate with the senior counsels to represent the matters in courts

- Build, liaison and maintain external network and strong relations with revenue authorities to minimize additional tax liability

- To ensure that all the approvals and registrations from taxing authorities are obtained in efficient & timely manner

- To follow up and seek expeditious settlement of litigations and/or refunds from the tax departments

- Coordination and monitoring the use of external tax consultants

- Ensuring that the tax processes are compliant to Indian legislation

- Guiding Finance team on interpretation of tax laws in the course of their daily operations

- Liasioning with tax authorities for exemption certificates u/s 197 and for various TDS assessments

- Drafting/ vetting of reply to Show Cause Notices and queries

- Co-ordination with Finance team for completion of Tax assessments

- Providing opinion / feedback on new products / initiatives from tax perspective

Skills:

- CA with more than 5 years of work experience

- Expert knowledge of tax laws and accounting standards is a must

- Work experience in Tax department of Big 4 would be preferable

- Self-starter; Can work independently

- Highly analytical in nature.

- Should be very comfortable with Excel and similar tools

- Attention to detail and implement best practices

- Maintains high level of confidentiality

- Result oriented with high degree of Integrity and Ethics

- Problem Solving and Decision Making

- Should have functional expertise

- Should be good in Building Relationships & Partnerships