Assistant Manager/Manager - Taxation - eCommerce/Retail/FMCG

- Finance Associate - Tax will be responsible for review of GST accounting in books and ITC claim in monthly returns. GST Accounting include various invoice accounting from inventory vendors and services. At return filing side there will multiple instances of ITC claim, Credit note reversals and other adjustments as per GST Act. Work with external service providers to ensure timely deliverables and ensure compliance.

- 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. He or she will have responsibility for ensuring all GST rates are applied correctly for all sale, purchase, inventory return invocies, credit notes there by ensuring compliance, revenue assurance.

Your day-today tasks will include:

- GST Tax rate process and input claims analysis-

- Daily monitoring of GST rates applied on Sales invoices, Returns, Discounts etc. Ensure masters of tax are updated without any errors. Implement new process for automation of tax rate updates and review the current process effectiveness.

- Review of GST claims as per books and return, get required data from service providers.

- 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.

Automations:

- 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.

Education & Work Experience:

- 5 - 6 years of experience.

- Chartered Accountant, Bachelors, MBA preferable.

- Minimum 5 years of experience with at least 2 year in GST Compliance with big data.

- Ideal candidate worked in Ecommerce/Retail/FMCG background.