Manager - Taxation - Retail

JD:

- As a Taxation Manager, you will be responsible for overseeing all aspects of tax compliance, planning, and reporting for the organization.

- You will ensure that the company complies with all tax regulations and laws while optimizing tax strategies to minimize liabilities and maximize financial efficiency.

- This role requires a strong understanding of tax laws, excellent analytical skills, and the ability to collaborate with internal teams and external stakeholders.

Key Roles & Responsibilities

Tax Compliance:

- Ensure timely and accurate preparation and filing of all tax returns, including Income Tax, GST, PF and ESI.

- Monitor changes in tax laws and regulations to ensure compliance with current requirements.

Tax Planning:

- Develop and implement tax planning strategies to minimize the company's tax liabilities while maximizing tax benefits and incentives.

- Analyze financial data and transactions to identify opportunities for tax optimization.

Tax Reporting:

- Prepare and review financial statements, tax provisions, and tax disclosures for accuracy and compliance with accounting standards and regulations.

- Coordinate with internal and external auditors to ensure the accuracy of tax reporting.

Tax Audits and Investigations:

- Manage tax audits and inquiries from tax authorities, including responding to information requests, preparing documentation, and representing the company in discussions and negotiations with tax authorities.

Tax Risk Management:

- Identify and assess tax risks and exposures, including potential tax issues or liabilities, and develop strategies to mitigate risks.

- Implement controls and procedures to ensure compliance with tax laws and regulations.

Internal Collaboration:

- Collaborate with internal teams, including finance, accounting, legal, and operations, to provide tax guidance and support on business transactions, investments, and strategic initiatives.

- Ensure that tax implications are considered in decision-making processes.

External Relationships:

- Build and maintain relationships with external stakeholders, including tax authorities, external tax advisors, and consultants.

- Stay informed about industry developments and best practices in taxation.

Tax Technology and Systems:

- Evaluate and implement tax technology solutions and systems to streamline tax processes, improve efficiency, and enhance data management and reporting capabilities.

Key Skills & Qualifications Required:

- Bachelor's/Master's degree in Accounting, Finance, Taxation, or related field.

- CPA or advanced degree in taxation preferred.

- 7-10 years of experience in tax compliance, planning, and reporting, with a focus on retail industry.

- Thorough understanding of tax laws, regulations, and accounting principles.

- Strong analytical skills and attention to detail.

- Ability to interpret complex tax laws and regulations and apply them to business situations.

- Excellent communication and interpersonal skills.

- Ability to effectively communicate tax issues and solutions to non-tax professionals.

- Proficiency in tax software and Microsoft Excel.

- Experience with ERP systems and tax technology solutions is preferred.

- Ability to manage multiple projects and priorities in a fast-paced environment.

- Strong organizational and time management skills.

Note - Need only from Retail Industry