Manager - Tax - BFSI

Role Summary/Purpose:

Manager-Tax will be primarily responsible for direct tax and indirect tax compliance (viz. tax payments, filings etc.), compilation of data for audits, assessments, disputes/ litigations, tax reconciliations etc. He will be reporting to direct tax and indirect tax leads and will be working closely with finance controllership.

Essential Responsibilities:

Ownership of tax related balance sheet accounts and related reconciliationsResponsible for direct tax and indirect tax compliance (primarily related to Service tax, TDS, VAT/ CST, WCT TDS etc.) which broadly includes the following:

- Coordination with various functions for input data

- Analysis of the data and obtain clarification from stakeholders as required

- Preparation of tax computations

- Income/ Expense to tax and GL Reconciliations

- Review and payment of taxes

- Preparation of periodic direct tax and indirect tax returns backed up with requisite data, reconciliation

- Supervision of process of preparation of monthly Cenvat credit register (ensuring compliance to eligibility criteria set in Cenvat Credit Rules) and related coordination work such as arranging data, invoices, agreements, payment dates etc.

- Coordination with users for queries relating to Cenvat credit and educating them on importance of invoicing related aspects for availment of Cenvat credit

- Coordination with various function for compilation of data required for Income tax assessment, VAT assessment, Income tax audit, Service tax audit, tax litigations and notices

- First point contact for tax advice to internal customers on various matters such as analysis of tax implications on new initiatives of marketing, sourcing / logistics, financial planning and analysis etc.

- Monitoring vendor management viz. vendor enrollment and payment of bills etc.

- Detailed review and analysis of tax triggers in IT systems

- Analysis of Service tax and TDS implications on projects, new products etc. and its implementation in IT and B2P systems.

Qualifications/Requirements

- Candidate must have a minimum of 4-5 years of experience in direct tax and indirect taxes with multinational company (preferably in financial sector) and in ERP environment.

- Candidate possessing fair knowledge of IT systems used in financial sector business (VisionPLUS etc.) will be preferred.

- Ability to work effectively with cross functional teams and within prescribed time constraints.

- Highly process orientated with intense desire to ensure no process gaps.

Desired Characteristics:

- Strong influencing skills and project management skills

- Self-starter, keen learner, team worker, innovative and problem-solver

- Experience of IT systems used in financial sector buisness (VISIONPLUS etc.)

- Experience of working with tax authorities