Senior Manager/Manager - Taxation - FMCG/Mfg

Purpose Of The Role :

To handle the Corporate Taxation function i.e. Indirect taxes on all India basis covering multiple states and factories and ensure statutory Compliances

Educational Qualification : B.Com, CA

Main Responsibilities :

- Hands on in-depth experience in the field of Indirect Taxation (Central Excise, Customs, Sales Tax, VAT, Works Contract, Service Tax, Deemed Export related matters)

- Oversee and review calculation & payment of monthly liabilities and filing of monthly returns of VAT/ CST/ Entry Tax/ WCT TDS of various states on a timely basis with complete accuracy

- Application of knowledge and understanding of Works Contract Tax in close coordination with Regional CFS heads

- Handling tax assessments & appeals for all Indirect Taxes of Blue Star Limited and its subsidiary companies at pan India Level.

- Coordinate with the Regional CFS heads and monitor collection progress of C Forms, F Forms along with reconciliations with the books

- Service Tax - Timely and accurate availment of credit on inputs/ input services & utilizations of input credit

- Monthly calculation & payment of Service Tax liability, monthly reconciliation of service tax CENVAT credit and oversee maintenance of CENVAT register.

- Preparation and finalization of half yearly service tax returns. Responding to Service Tax queries including assisting in appearing for assessments and audits. Independently handling EA-2000 Service tax audit

- Design Strategies To Structure Taxation Processes.

- Design and regularly update tax compliance and tax administration processes to be followed across all the locations, spread all over India.

- Prepare formats and guidelines to accurately capture complete information on all tax expense categories covering Indirect Taxes.

- Continuously monitor pan India taxation law compliance, applicable to the company and provide inputs and suggestions for strengthening compliance and tax planning.

- Recommend ways to minimize tax outgo through legitimate use of tax laws and regulations.

- Vet agreements to review and ensure compliance to taxation regulation for - new product stream, new revenue stream, new customer bids, new business venture.

Business Support - On Tax Issues Including Excise, Vat/ Cst, Customs & Service Tax And Other Indirect Taxes

- Liaising with business leaders and senior management team members and projects teams at various locations to get a detailed factual understanding about the nature and genre of processes to be performed in India, rights and responsibilities of the team in India etc from a tax perspective.

Tax Risk Management :

- Get actively involved in formulation of all indirect tax strategies and planning for all business clusters by assessing tax implication.

- Regularly track all the changes in the Indian Indirect Tax laws and judicial pronouncements which may have impact over existing and future business and keeping management in loop of the potential impact.

Tax Advisory :

- Act as internal subject matter expert for Indirect taxation for business.

- Provide proactive advise to business units and other teams for all matters relating to Indirect Taxes

- Liaise with external consultants to obtain a written advice in appropriate form whenever necessary.

Relationship Management :

- Be actively engaged along with the tax consultants to build and manage relationship with tax authorities and also with internal stakeholders in a proactive manner .

Tax Litigation Management :

- Keep a continuous track of tax related disputes and work with consultants to devise effective strategy to manage audits, appeals and other queries raised by tax authorities in order to achieve optimal outcome for the company.

- Co-ordinate with the internal teams to co-ordinate for information requirements for various tax audits and review the information & other queries raised by tax authorities from time to time for indirect taxes

- Settling appeals, preparation of papers for the appellate authorities under Central Excise, Service Tax, VAT / CST .

- Attend important hearings relating to tax assessments, appeals as well as service tax refunds along with consultants to represent the company before tax authorities

Tax Compliance And Internal Reporting :

- Regular and continuous involvement in tax compliance to have an hands-on knowledge of tax compliance for operational level taxes such as Work Contract Taxes, Service Tax, Excise, VAT on goods for the entities and regulatory filings to avail indirect tax benefits at various locations

- Active involvement in review of tax related numbers in the financials for internal reporting such as year-end tax templates, RAF, quarterly tax reporting as well as statutory reporting for tax within regulatory returns and statutory financial statements.

- Coordinate and ensure timely completion of all audits conducted for tax purposes such as VAT audit, Service Tax Audit, Excise Audit, Annual VAT report etc, certification for tax refunds etc.

- Provide provision & contingent liabilities as per accounting standards and company policies for legal matter involving risk.