Contetra - Head - Direct Tax

Direct Tax Head

As the Direct Tax Head, you will be responsible for overseeing and managing all aspects of direct taxation within the organization. This includes formulating and implementing tax strategies, ensuring compliance with relevant tax laws, and optimizing the company's tax position. You will work closely with internal teams, external consultants, and regulatory authorities to drive efficient and effective direct tax management.

Key Responsibilities:

Tax Planning and Strategy:

- Develop and implement tax strategies to optimize the organization's direct tax position. Stay abreast of changes in tax laws and regulations, and provide guidance to management on their implications.

Compliance Management:

- Ensure timely and accurate filing of direct tax returns, ensuring compliance with all applicable laws and regulations. Oversee income tax statutory compliance, including the preparation and submission of required documents and forms.

Audit and Assessments:

- Manage tax audits and assessments, coordinating with external auditors and regulatory authorities. Respond to queries and notices from tax authorities and work towards timely resolution.

Transfer Pricing:

- Oversee transfer pricing policies and documentation to ensure compliance with international regulations.

- Coordinate with global tax teams to align transfer pricing practices across the organization.

Advisory and Internal Consultation:

- Provide expert advice on direct tax matters to internal stakeholders. Collaborate with various business units to ensure tax considerations are integrated into strategic decision-making.

Risk Management:

- Identify and assess potential tax risks and develop strategies to mitigate them.

- Implement internal controls to ensure tax compliance and minimize exposure to tax-related risks.

Reporting:

- Prepare and present periodic reports on the company's direct tax position to senior management. Ensure accurate and timely reporting of tax provisions in financial statements.

Income Tax Statutory Compliance:

- Stay updated on changes in income tax laws and regulations.

- Ensure adherence to all income tax statutory compliance requirements, including timely payment of taxes and filing of returns.

Other Tax-Related Responsibilities:

- Monitor and manage other tax-related obligations, such as withholding taxes and indirect taxes. Collaborate with the finance and legal teams to address tax implications in contracts and agreements.

Team Management:

- Lead and mentor a team of tax professionals, fostering a culture of continuous learning and development. Collaborate with other departments to provide training on direct tax matters.

Qualifications and Skills:

- Bachelor's/Master's degree in Finance, Accounting, or related field.

- Professional certification such as CA or Inter CA is highly desireable years of experience in direct taxation, with a focus on strategic planning and compliance.

- Strong knowledge of tax laws, regulations, and accounting principles.

- Excellent analytical, communication, and leadership skills.

- Ability to work collaboratively and influence key stakeholders.

- Proficient in using tax software and MS Office applications.