- Complete ownership of Indian Direct Tax & Indirect Tax Compliance including internal & external reporting, tax accounting and tax planning. - Completion of returns and payments associated regulatory authority (eg: Service Tax, With Holding Tax (TDS - India terminology) payments and reporting. - Completion and submission of various Tax Returns E.g. corporate tax - Liaise with all Group Risk Units (market/ operational/ credit) to ensure conformity from finance perspective. - Implement Goods and Services Tax (GST) for the Bank. - Financial Statement Preparation, Financial Statement Consolidation, Balance Sheet Reporting, Regulatory Reporting in accordance with Indian GAAP and IFRS for consolidation with Parent Banks- balance sheet. - Ensure accurate reporting and timely resolution of reconciling items. - Control on Nostro and Suspense Account reconciliations and related processes. This has a direct impact on Capital Adequacy Ratio and is an important Financial Control responsibility. - Assist with funding facility related processes as needed. - Participate in the monthly close cycle and related quarterly reporting cycles. - Provide various ad hoc reporting and assistance as needed. - Assisting in ENBD India's annual budgets and forecasts / performance plans. - Monitoring of India business performance and provide the management variance analysis on the actual vs budget performance - Ensure timely, accurate payments and accruals in accordance with bank requirements - Collation of information/analyses, working with external service providers for inputs, reviewing submissions, attending all audit hearings, communicating and coordinating with auditors, tax department officials and Senior Management - Coordinating for tax assessment proceedings before the assessing officer / appellate authorities / tribunals or high courts - Holding routine meetings with Indian Tax Authorities and managing related submissions - Identifying and escalating unusual or significant accounting and tax related issues to the Senior Management with recommendations for necessary action - Analyze budgets, participate in financial audits and prepare tax reports to present to Senior management - Assisting in preparation of internal PAC notes from taxation and compiling MIS Reports for Senior Management, Board, Audit Committee on taxation matters - Co-ownership of Finance related various internal / RBI regulatory reports (entity level RBI reporting like Form X, DSB Returns etc). - Co-ownership of Audits that the bank is subject to. These will include RBI Inspections, ongoing Concurrent audits, annual Statutory Audits and Internal audits by Head Office etc. - Ensuring timely closure of observations by auditors by respective departments and ensuring that robust processes are put in place to avoid repeat issues. - Supporting the Senior Management, Finance & Accounts Team, pan India Payment Team on various Non-Indian Tax Compliance work and ad-hoc tax projects, as required - Initiating and integrating India tax planning opportunities, monitoring industry issues and analyze legislative proposals/ statutory amendments to maximize tax savings opportunities and contribute to enhance stakeholders value while complying with tax laws and regulatory obligations - Research and develop tax accounting strategies that influence the decisions of other financial managers, such as controllers or the chief financial officer.

Mumbai

Corporate Accounts & Taxation Specialist - Bank 

Corporate Accounts & Taxation Specialist - Bank  ,Job Description for Corporate Accounts & Taxation Specialist - Bank  in Emirates NBD Bank in  Mumbai for (9-12) years of experience. Apply Now!

Job Description for Corporate Accounts & Taxation Specialist - Bank  in Emirates NBD Bank in  Mumbai for (9-12) years of experience. Apply Now!