Position : Tax Accounting Manager

Group : Controller

Department : Finance

Location : Hyderabad

Work Time Zone : India Standard Time

Reports to : Financial Controller

Key Responsibilities :

a. Accountable for overall operation, managing and advising on Indirect and Direct Tax work of the Company.

b. Supporting the Controller and taking lead in ensuring compliance with tax regulations e.g. Filing of GST returns, Corporate income tax, etc.

c. Taking the lead in preparation of replies to the local authorities for queries/notices received. Represent before tax authorities at assessment level and Coordination with third party professional firms, wherever required.

d. Work closely with business Process owners to identify improvements and educating the stakeholders to reduce tax liability/litigations.

e. Optimize current documentation & internal procedures for day to day working to comply with indirect / direct tax legislations.

f. Computation of Current and Deferred Tax provision on quarterly basis for Statutory accounts and US accounts in compliance with applicable tax laws and company guidelines. Review and support GL team of APAC for FAS 109, FIN 18 and FIN 48.

g. Keep track of latest amendments in taxes and assessing impact on the Company. Take lead in implementing the changes in IT systems and testing, in coordination with IT teams.

h. Supporting local business teams to resolve challenges from tax perspective.

i. Perform GL reconciliation on BlackLine platform.

j. Coordination with Tax auditors, local statutory auditors, other stakeholders, and support to provide required information from Tax perspective.

k. Computation of advance taxes, WHT, etc. and ensure timely payment and documentation.

l. Supporting Controller for Special valuation branch clearance, EXIM benefits (SEIS, MEIS, Duty drawback, etc.)

m. Support controller on the legacy Excise, Service tax, VAT cases.

n. Perform research work to be done for ad-hoc transactions of business and advise the stakeholders accordingly.

o. Ensure timely applications for refunds to the local authorities for eligible balances of credit and take lead to follow up.

p. Take lead to understand and support the taxation activities of APAC entities.

Desired qualification : Chartered Accountant

Experience required :

- 8+ years experiences in tax accounting, preferably from a MNC Company.

- Familiar with local tax rules and regulations for India. APAC exposure will be highly desirable.

- Experiences with tax assessments and audits.

- Initial few years- experience with big 4 is preferred.

Key Interactions :

Internal :

- Business teams (sales, procurement, etc.), Internal audit, GBS teams, Global finance and tax teams.

External :

- Third party firms, statutory auditors, tax auditors, local authorities.

Travel : Need based.

Technical Competencies (Knowledge, Skills and Abilities) :

Must:

- SAP working knowledge.

- India tax laws (Direct, Indirect and TP)

- Good written and verbal English.

- Ability to multi-task and take up additional responsibility over time.

- Ability to work in a cross-functional environment and handle conflicts with maturity.

- Ability to work under pressure with stringent deadlines.

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