Manager - Indirect Tax

Job Title : Manager- Indirect Tax

Department : Accounts

Experience : 10 + years

Location : Pune Baner

Nature Of Experience: Indirect Taxation, GST Audit & Assessment with Manufacturing back round

Job Purpose:

Lead the indirect tax function by deploying all relevant indirect tax laws effectively & provide inputs to management for tax efficient transaction structuring/re-structuring. Independently handle indirect tax queries at various levels in the organization and handle tax litigations, communicate potential risks along with basic liaison with tax authorities and consultants.

Principal Duties, Responsibilities & Accountabilities:

1.Indirect Tax Compliance:

- Evaluate and ensure compliance with indirect tax laws and regulations

- Maintain appropriate records suitable for internal and external audit.

- Handle the audit & assessment and ensure data readiness.

- Reconciliation ITC GL with GST records & checking the necessary JV for utilization of ITC credit.

- Prepare the reply along with supporting the details on show cause notices with the help of consultant & attend the hearing with department as and when required.

2. Preparation, Review and Controls:

- Conduct monthly review of indirect tax planning & ongoing tax assessments status.

- Monthly data preparation and validation of HO expenses to other locations through cross charge billing.

- Make the required SOP for controlling and monitoring the indirect tax compliances process roles & responsibilities.

3. Continuous Improvement:

- Identify and implement process improvements to better leverage department resources.

- Update changes in GST laws and assess their impact on the organization.

- Identify annual tax saving / reduction targets by indirect tax category.

4.Stakeholder Management:

- Provide technical advice to internal stakeholders within the Company.

- Keep the control on supplier and internal compliances to ensure there will not be any tax leakages.

- Keep update on GSTR 2A reconciliation and require action on internal & external stakeholder.

- Keep co-ordination with respective plant location to avoid the future lapses.

- Keep coordination with consultant to get time to time updates.

5. Automation, Process improvement for Indirect tax compliances:

- Define the various documents process flows to avoid the further lapses.

- Keep the control on implemented i.e., E-invoice, E-way Bill, Payment Block software etc.

- Responsible for new GST registration as and when require.

- Control and monitor the refund application with payment of duty or without payment of duty, inverted duty structure.