Assistant Manager - Direct Taxation - CA

Assistant Manager - Direct Taxation (Chartered Accountant)

This opportunity is one one of the leading company in manufacturing industry

Budget for the profile - Upto 16 LPA

1. Preparation of data for tax audit & liaisoning with tax auditors for resolving their queries for finalization of audit and timely filing of Corporate Tax returns and IT returns of the entities

2. Reviewing the margins of group entities to ensure the margin compliance as per TP requirement. Completion of transfer pricing audit, Transfer Pricing Master filing and CbCR report.

3. Preparing proper response to various queries and notices raised by tax authorities and timely submission of response in consultation with tax advisors.

4. Appearing before Direct Tax authorities to clarify assessment queries and liaison with consultants to address all queries on Tax assessment and facilitating completion of assessment smoothly.

5. Assisting in the documentation of judicial proceedings of tax litigation matters, liaison with legal consultants and lawyers, appearing before judicial authorities, if required, and maintain the records of the judicial process

6. Handling queries of employee personal tax deduction, form 16 and other investment related deductions in consultation with HR and outsourced agencies.

7. Advising on withholding tax for foreign remittances to vendors

8. Understanding the Finance Budget and circulating the benefits and compliance requirements to the management. Keeping proper track of relevant notifications issued by tax authorities and advising the management on the applicability of the changes

9. Computation of Provision for tax, deferred tax, ETR reconciliation.

10. Ensuring full compliance of TDS, TCS, equalization levy requirements under Income Tax Act for employees, vendors, contractors, service providers, non-residents, shareholders and customers

11. Calculation for advance tax payments and complying on due dates of tax payments and tax accounting in SAP.

12. Year-wise Corporate tax reconciliation in SAP including proper accounting and knock off of PFT, Advance tax, TDS and reconciling the tax refund with the books. Coordinating for issue of TDS certificates and other tax clearance certificates

13. Ensuring quarterly and annual tax expense computation and tax asset reconciliations in Financials are reviewed by statutory auditor and cleared for consolidation of financials.

14. Maintaining the tax books and reconciling with financial books regularly. Ensuring proper storage of tax documents for future use

15. Preparation of Functional MIS and timely circulation.

16. Driving various automation initiatives to simplify the activities in tax function