Manager/Senior Manager - Taxation - CA

Qualifications: Qualified Chartered Accountant

Experience 6 - 8 years

Post Qualification Experience in a Manufacturing Company in the areas of handling Direct & Indirect Taxation (GST, Income Tax etc.) and Credit Facilities availed by the company through Consortium Banking.

Key Deliverables : Broadly candidate would be responsible for independently handling of Direct & Indirect Taxation (GST, Income Tax etc.), Credit Facilities availed by the company through Consortium Banking, Overseeing & Finalising Accounts of Investment Co. & Promoters, RBI Compliances and Overseeing Finance & Accounts of Captive Transport Company till Finalizations.

Goods & Service Tax (GST) -

- Preparation, checking & finalization of GST returns on monthly/Annual basis

- Preparing a detailed reconciliation of turnover between Financials & GST Returns

- Reconciliation of ITC GL with GST Records & checking the necessary JV for utilization of ITC Credit

- Preparing monthly reconciliation Tax Payable GL vs Tax disclosed in GST Return for each state

- Ensuring organization doesn't loose on ITC credits

- Handling GST Audit & assessment done by department

- Coordination with Factory & Sales Office regarding above

- Advising the concerned function to keep the invoices on hold in respect of invoices not uploaded by the Vendor

- Handling & responding to the queries / Show Cause Notices raised by GST Department

- Handling litigation in the matter of GST in various appellate proceedings

Income Tax -

- Computation of Income, Income Tax Return Preparation & filing for Manufacturing Company, captive transport company, entire group including promoters

- Preparation for and handling Tax Audits of all the above entities

- Ensuring timely deposit & quarterly filing of TDS/TCS Returns

- Handling scrutiny, Search & Seizure Assessment / Reassessment of all the above entities

- Handling litigation in the matter of income tax in various appellate proceedings, revision etc.

- Preparation of Paper book for Income Tax Scrutiny or assessment/reassessment or appeal

Other Taxation Compliances -

- Ensuring timely deposit & filing of all other returns like Profession Tax, Electricity Duty etc.

- Will be responsible for ensuring Zero tolerance for non or delayed compliances so far as taxation is concerned

Credit Facilities availed by the company through Consortium Banking -

- Maintaining Strong & cordial relationship with the lenders where 6-7 lenders are involved

- Handling Agencies for Specialized Monitoring Quarterly Audit (ASM Audit) & replying to the queries of the lenders on Audit Report or on day to day matter

- Preparing for the quarterly JLMs & attending the same;

- Handling lenders'/auditors' inspection of the manufacturing unit;

- Handling Stock Audit, Due Diligence Audit, Valuation of Assets etc.

- Bringing upgradation in External Rating of the company;

- Preparation of CMA for renewal/review of credit facilities;

- Preparing TEV/ Detailed Project Report / Financial Modelling / Resolution Plan for Sanction or Structuring of Credit Facilities;

- Submission of monthly Stock Statements;

- Submission of quarterly QMS; -

- Ensuring timely opening of L/C, BG and handling issues, if any

- Other compliances required from time to time viz. balance confirmations etc.;

- Monthly/quarterly interest servicing to the lenders & review of loan statements;

- Satisfaction of charges

- Preparing Daily Disbursement List by coordinating with Factory, Sales Office & Corporate Office.

Accounts of Captive Transport Company, NBFC, Investment Co, Promoters -

Supervision, Overseeing & closing books of accounts till Finalisation of above entities;

- Preparation of Monthly Profit & Loss Account of Captive Transport Company & its analysis;

- RBI Compliances;

- Any other compliances

IT Skills - Should be good in MS-Excel;

- Should have working experience of atleast 4 years in SAP (FI & MM) module.