Senior Manager - Taxation - Conglomerate - CA

About Company:

It's a global conglomerate in integrated flat carbon steel manufacturing - from iron ore to ready-to-market products.

POSITION DESCRIPTION

Designation- Senior Manager - Taxation

Location- Mumbai

Qualification- Chartered Accountant

Experience Minimum: 10 years of Direct Tax, GST and Customs, preferably from large corporate in Renewable Energy

Key Responsibilities:

- Review of the Contracts/ Agreement with International and Local vendors from Tax standpoint

- Ensuring withholding tax (TDS)compliances (Calculations, Payment, Returns and Certification) for domestic & international transactions including analysis of Tax treaties.

- Obtaining transfer pricing new/ updated benchmarking study reports for new/ existing related party transactions in close coordination with business and global tax team.

- Review of Income Tax computation, Income Tax Return, Transfer Pricing Return and Master File Compliances.

- Preparation of current tax, deferred tax, tax rate reconciliations, tax questionnaires, notes to accounts for Indian GAAP and IFRS reporting.

- Support in Statutory. Internal and SOX audit on all Tax matters.

- Calculation and payment of Advance Tax.

- Representing audits, assessments, appeals and other related matters for group of legal entities before Tax Assessment and Appellate Authorities

- Reviewing submissions for tax assessments, appeals, penalty, show cause, revision, order giving effects, refunds, recovery, rectification, and other proceedings.

- Interacting with external tax authorities/ advisors/ counsels/ consultants

- Maintaining the status of the Open litigations, Tax risks analysis and defense strategy on ongoing basis

- Drafting defense files, memo and managing documentation in support of future assessments

- Support in Implementation, Customization and Maintenance of SAP system from Tax Standpoint.

- Validating monthly GST and customs compliances

- Review Reconciliation of Tax GL with books on monthly basis

- Co-ordinating with various stakeholders for Purchase Register vs GSTR2B recon.

- Review monthly compliance of job work process.

- Making changes in SAP for value, Tax rate, HSN code for new material movements for job work

- Preparing data for Annual 9 and 9C audits and reconciliation of monthly return data with our financials

Functional Skills:

- Advanced knowledge of Income Tax laws, GST and Customs Law

- Know of local incentive available in power sector.

- Expert Knowledge of SAP system from Tax Standpoint.

- Good Knowledge of MS Office