Associate General Manager - Taxation

This profile involves managing all aspects of the company's tax compliance, including preparing and filing tax returns, analyzing tax implications of business transactions, staying updated on tax laws, identifying tax optimization opportunities, leveraging government schemes and incentives to optimize benefits and coordinating with internal teams to ensure accurate tax reporting, while adhering to all relevant regulations and minimizing tax liabilities.

Key Responsibilities:

Tax Compliance:

- Prepare and file all statutory tax returns including income tax, GST, TDS, and other relevant taxes on a timely basis.

- Ensure accurate calculation and payment of advance tax instalments.

- Ensure proper / timely reconciliation of the input credit to ensure no loss on account of input credit.

- Maintain comprehensive tax records and documentation to support tax filings.

- Monitor and manage tax audits conducted by tax authorities.

Tax Planning and Advisory:

- Analyze business transactions and advise on potential tax implications.

- Identify and implement tax optimization strategies to minimize tax liabilities.

- Research complex tax issues and provide expert advice to internal stakeholders.

- Develop tax planning strategies aligned with business objectives.

Internal Coordination:

- Collaborate with the accounting team to ensure accurate tax data is captured and reported.

- Work closely with other departments (finance, legal, operations) to address tax-related issues and ensure compliance.

- Communicate tax implications of business decisions to relevant stakeholders.

Staying Updated:

- Stay abreast of changes in tax laws, regulations, and industry practices

- Attend relevant tax seminars and workshops to maintain professional knowledge

- Monitor upcoming tax legislation and assess potential impact on the company

Required Skills and Qualifications:

- Technical Expertise: Strong understanding of Indian tax laws, including Income Tax Act, GST, TDS, and other relevant regulations

- Accounting Knowledge: Thorough knowledge of accounting principles and practices

- Analytical Skills: Ability to analyze financial data and identify potential tax risks and optimization opportunities

- Communication Skills: Effective communication to explain complex tax issues to non-technical stakeholders

- Compliance Focus: Detail-oriented approach to ensure accurate and timely tax filings

Relevant Experience:

- Minimum of 5-7 years of experience in a taxation role within a corporate environment

- Experience working with accounting software and tax filing platforms

- Chartered Accountancy (CA) or relevant tax certification is preferred.