Senior Manager - Direct Tax - BFS - CA

Grade: Senior Manager

Edu Qual: CA

Experience: 8 to 13 years

Job location: Mumbai

JD for SM Taxation

- Ensuring appropriate, accurate and timely discharge of TDS including filing of TDS returns and issue of TDS certificates.

- End to end compliance of STT / CTT

- Estimation of advance tax liability and payment thereof.

- Compliance of foreign remittance i.e. review of documents, follow up with tax consultant and uploading of forms.

- Monthly and quarterly tax provisioning and disclosures as per IND AS and improvement in Effective Tax Rate [inter-alia including monitoring and controlling accounting of tax credit (assets), tax ledger movements]

- Ensuring compliance to tax audit and filing of Income Tax returns within the prescribed time limits.

- Tax assessments and appeals.

- Follow-up for tax refunds with the Income Tax Authorities.

- Ensure appropriate calculation, payment and timely return filing of Stamp Duty for each State. Coordination with each State's Nodal Officer for specific observations/ queries.

- Ensure appropriate calculation and payment of Securities Transaction Tax (STT) and Commodities Transaction Tax (CTT) including reconciliations and return filing

- Review and monitor compliance to TDS return related activity.

- Appropriate, accurate and timely discharge of GST.

- Optimum utilization of GST credit.

- GST returns filing (GSTR-1, GSTR-3B, GSTR-2A) with reconciliations.

- E-invoicing mechanism under the GST framework.

- Compilation of data and documents for Service Tax Audit, GST audit/ notices, EA Audit, Assessments, Appeals including coordination with consultants & counsel on regular basis.

- Professional Tax payment and return filings -Employee and Employer - all locations

- Review of contracts, transactions, proposed business models etc. and provide optimal business solutions within tax framework.

- Advice (post internal evaluation and functional head approval) on various queries on both Direct and Indirect Taxes

- Laying down (post internal evaluation and functional head approval) tax principles with benchmark to best practises (including international benchmark)

- Advise and implement (post internal evaluation and functional head approval) most tax effective methods resulting in tax saving

- Review, analysis, update on new laws, amendments in existing laws impacting the group which interalia include Income Tax, Stamp Duty, STT, CTT, GST.

- Assisting in representations to various statutory bodies CBDT, CBIC, MOF, SEBI.

- Obtaining Lower Deduction Certificates for relevant entities.

- Maintenance of tax tracker for all tax payments, notices, appeals and refunds.

- Evaluation of various automated solution for effective and efficient tax management, laying down the business process for development and implementation.

- The job profile requires frequent visit to various locations for tax assessment and other matters.