Jacobs - Senior Accounting Associate - Direct Tax - CA

Position: Senior Accounting Associate - Direct Tax

Location: Mumbai

Role Overview - Direct Tax Functions

Advance Tax:

- Calculating advance tax liability

- Ensuring electronic payment of advance tax before due dates

Transfer Pricing:

- Coordinating with internal teams and preparing Form 3CEB with annexures

- Getting segmental accounts audited

- Reviewing transfer pricing documentation and TP Study

- Liaising with transfer pricing auditors for timely completion

Tax Audits:

- Coordinating with teams and preparing Form 3CD with annexures

- Liaising with tax auditors for audits and form submissions

Income Tax Returns:

- Preparing tax computations

- Preparing and filing electronic return forms

- Ensuring timely ITR filings

Year-wise Status of Tax Matters:

- Tracking notices, assessments, and hearing dates

- Following up on tax refunds

- Filing rectification applications and orders

- Updating tax trackers and maintaining year-wise historic data

- Tracking payments made to tax consultants

Tax Effect Accounting:

- Maintaining tax balances as per IAS

- Posting entries based on tax department orders

- Maintaining prior-year tax provision and payment records

Income-Tax Assessments:

- Coordinating and verifying information for assessments

- Preparing submissions for authorities

- Appearing before Income Tax authorities

- Analyzing orders and filing appeals in coordination with consultants

Transfer Pricing Assessments:

- Compiling information for consultants

- Appearing before the Transfer Pricing Officer with consultants

Appeals:

- Liaising with PwC/EY for strategy and representation

- Appearing before CIT (Appeals) / ITAT / DRP with consultants

- Reviewing appellate orders and coordinating for effect orders

TDS Compliance:

- Advising AP team on withholding requirements

- Verifying monthly TDS liability and payments

- Reviewing quarterly TDS returns and ensuring due-date compliance

- Handling TDS-related communication with IT authorities

Accounts Finalisation:

- Preparing deferred tax provision statements

- Preparing related-party notes to accounts

- Preparing tax provision workings

Corporate Reporting:

- Making monthly tax provision entries

- Preparing quarterly tax packs

- Preparing Form 5471 (for PwC US)

- Completing SOX questionnaires and cash-flow statements

Foreign Company Returns:

- Reviewing computations and ensuring timely filings

- Ensuring TP certificates for foreign entities

- Coordinating with foreign teams and consultants for assessments

Advisory:

- Supporting sales/legal/operations teams on proposals

- Reviewing tax questionnaires

- Structuring contracts in a tax-efficient manner

- Coordinating with tax teams across geographies

- Providing tax advice and taking stand where required

General:

- Reviewing Income-tax notifications/circulars and guiding internal teams for compliance

Qualifications:

- CA / Semi-CA with 1-3 years of experience in Direct Tax

- Job Location: Airoli, Mumbai