Mgr/Sr Mgr - Indirect Tax - Industrial/Mfg

Manager/ Sr Manager- Indirect Tax- Industry

A leading Industrial Goods Company is looking for a Manager/ Sr Manager Indirect Tax in Mumbai.

POSITION: Manager/ Sr Manager Indirect Tax

REPORTS: GM Taxation

LOCATION : Mumbai

BASIC FUNCTION

- Responsible for overseeing the company’s compliances in the field of Service tax as well as VAT. This role would be responsible for correct availment of cenvat credit, discharge of service tax under reverse charge, liability as a service provider, for correct filing of returns, computation and payment of taxes and handling service tax audits, assessments and show cause notices. Develop a proactive internal and operational plan to mechanize the work and streamline the entire system.

DUTIES AND RESPONSIBILITIES

1. Avail cenvat credit of inputs and input services. Prepare cenvat credit register.

2. Analyse the cenvat credit for the inputs and input services to ensure that only appropriate credit is availed. Reverse credit which are not available and also reverse proportionate credit for common services.

3. Responsible for scrutinising and reconciling the service tax returns with the books of accounts and passing necessary entries as required.

4. Computation of service tax required to be paid under reverse charge mechanism for specified services as well on works contract services. Ensuring by scrutinising of GL that for all relevant expenses the tax is paid correctly by applying the correct valuation.

5. Preparation and payment of service tax as a service provider on various services provided by the company and preparing Invoice register.

6. Preparation and filing of service tax returns on timely basis.

7. Handling service tax related queries.

8. Handling service tax audits, CERA audit etc and furnish replies to queries raised by them.

9. Replying to SCN issued by department and furnishing data as required by department.

10. Interacting with outside consultants to obtain views in respect of business operations, if required.

11. Handling internal, statutory and other audits and replying to their queries.

12. Will also be responsible for mechanising of service tax function.

13. Will also be responsible for drawing out SOPs for VAT function.

14. Ensuring necessary corrective measures are taken for systemic defects in the process being followed.

15. Oversee filing of VAT returns and analyse the same on periodic basis.

16. Creates and fosters a culture of business practices, instils and aware of and commitment to UTC Code of Ethics and performs responsibilities in compliance with the Code.

Consulting experience with a Big 4 in IDT is an added advantage.

Please send in your latest CV to smaselkar@antal.com