Tax Head - FMCG/Retail/Online - CA

The ingredients for this role:

This is a role for a People Manager who has handled team in the tax tower of a large entity, under direct and indirect tax, compliances, litigation management and business advisory. The role would require efficient team management, ability to develop the team and project management expertise for large deliverables.

Tax Head will be responsible for managing day to day operation of tax function, review of GST accounting in books and ITC claim in monthly returns. Work with external service providers to ensure timely deliverables and ensure compliance.

Advise, formulate on tax structure in line with business need and compliance requirement.

- He or she will be responsible for developing and executing best practices in managing big data of GSTR 2B and book entries, highly utilizing the automation and tools. Strong analytical skills, to bring quick solves, fast to identify the gaps, and solve large problems.

- Strong knowledge of case laws and interpretation skills to handle notices and litigations from tax departments, ensure quick and correct representation by the company and hold on to the stand taken by organization.

- Work with stakeholders i.e. vendors, platform providers, Third Party Service Providers, auditors to ensure best practices are followed and tax compliant process are implemented in business.

- Utilization of tools, automations to upload tax rates for all products enabling correct rates in sales invoices, return invoices. To manage big data of GSTR2B, Sales invoices, Stock Transfer and books of accounts purchase entries work on automation process. Implement tool to match and reconcile the Return Vs Books data and enable quick follow up with vendors for pending invoice line items.

Your day-today tasks will include:

- Review GSTR2B and Carry forward data, review pending ITC claims.

- Follow up with TSP and vendors for full ITC claims.

- Reconcile books Vs Return invoice level data and work on clearing reconciliation line items.

- Formulate a process in reclaim of Credit notes filed by vendors and adjust the actual reversals as per Purchase Return database.

- Serving as a single point of contact for liaison with internal auditors, statutory auditors and TSP for reconciliations.

- Ownership of all GST related GL accounts and ensure all required entries are passed in books monthly as per return.

Knowledge you need:

- In-depth working understanding of GSTR2B, ITC claims.

- Strong knowledge of case/tax laws.

- Be an Automation Champion.

Required Skills:

- Demonstrate a deep understanding of GST Act and an ability to work with technical teams to advocate for tool enhancements.

- Experience in handling notices and litigations from tax departments

- People management skills

Education & Work Experience:

- 10 - 12 years of industry experience

- Chartered Accountant.