Bajaj Allianz - Manager - Taxation - CA (5-7 yrs)
Role Title : Manager
Grade : L2A
Reports To AVP : Taxation
Company : Bajaj Allianz Life Insurance Company Limited
Function/ Department : Finance
JOB PURPOSE :
- Comply with provision of direct and indirect tax, especially with regard to GST.
- Computation of tax liability, timely payment, filing of returns and furnishing information for the purpose of assessments or other scrutiny by tax authorities.
- Implementation of new changes around GST.
- Maintenance and monitoring of system based computations for GST liability and credits.
- Reconciliation of input credits, cross charge, reversal against exempt supply of service.
- Manage litigation, respond to authorities, discussions with consultants and arrive at best course of action in interest of organization.
- Addressing queries from internal and external customers, related to tax on day to day issues.
- Interaction with tax consultants, life Insurance industry peers, on tax issues.
- Identifying potential areas of dispute with authorities and preparing for corrective action.
- Furnishing the information to auditors, management and other stakeholder.
PRINCIPAL ACCOUNTABILITIES :
Major Challenges :
- Frequent changes in tax provisions, and rules.
- Lack of clarification on various tax provisions.
- Different stands on issues by different insurance companies.
- Longer span for investigation and litigation.
- Volume of customers and locations being handled.
SKILLS AND KNOWLEDGE :
- Profound knowledge of direct tax and indirect tax (especially GST), Act, Rules and notifications.
- Awareness about the latest provisions of tax laws (especially GST).
- Experience in insurance industry/ financial services preferred.
Educational Qualifications
a) Qualifications
- Chartered Accountant.
b) Work Experience
- 4 - 6 years of total experience
- Exposure to GST implementation in last 1 year
- GST compliances. Understanding of systems and controls over large volumes
- Liasoning with authorities and consultants.
- Tax assessment, scrutiny or audit by tax authorities.
- Addressing the queries on tax
- Prefer Insurance/Big4/Financial service industry
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.