Tax Associate - Investment Bank

Salary offered: 6 - 15 LPA

Maintaining the expected turnaround time and accuracy level for functions performed by the team

Key role in analyzing the withholding tax (Tax deducted at source) liabilities for vendors payments specific to India and liaising with the company's tax consultants on the tax regulations.

Manage monthly tax computation and payments

Preparing the monthly TDS compilation and challan to Indian Income tax authorities and preparing quarterly TDS compilation for filing of the returns. Issuance of tax forms to vendors.

Ensuring accurate accounting of service tax

Preparing service tax reports for returns and claims.

Reviewing monthly tax reconciliations for all tax accounts

Managing all statutory and tax audit for tax processes

Reporting and analysing the Daily/Weekly and monthly metrics on all the regional tax related entries highlighting the efficiency/productivity and accuracy.

Analyze the 1099 and 1042s tax requirement for US and the implications on the day to day functional requirements.

Monitor transaction review, withholding computation, tax payment, return finalization, and issuance of tax forms to vendors for compliance with 1042s.

Analysis the European VAT regulations and the implication on the day to day functional requirements.

Transactional review, control report, reconciliations and reporting for VAT accounting.

Interpretation and implementation of changes in tax legislation and rules.

Managing risks in the process by implementing and reviewing relevant controls.

Partnering with various business units to ensure regular and timely payment of invoices or settlement of expense reports

Develop new processes and re-engineer current processes to meet changing needs of the business