Spandana Sphoorty - Senior Manager/AVP - Taxation

1. Direct Taxes & Compliances - He will be responsible for ensuring that SSFL complies with all Corporate tax compliances and that all filings with the respected authorities are done correctly & on time and that there are no outflows / fines/ levies imposed on SSFL on account of non-compliances. Responsibilities will include:

i) Should have through knowledge of TDS related computations, laws and compliances

ii) Review all base computations for external vendor TDS and salary TDS

iii) Ensure the process of employee taxation is implemented as per plan and proper checks are functioning for new employees/resigned employees

iv) Reviewing monthly/annual reconciliation between relevant computations and books of accounts

v) Getting sign off from AVP and Tax consultant on workings and have payments approved from relevant authority.

vi) Ensuring correct payments for TDS

vii) Ensuring all direct tax compliances work allotted to AM and Executive are done with time frames.

viii) Tax Accounting support: preparation of Tax provisions, deferred tax, current/non-current, contingent liabilities, etc. and related workings

ix) Implementing controls on all direct tax compliances

x) Assist Tax consultant in tax assessments, refunds appeals filling and other departmental works.

xi) Ensure no TDS defaults, Income Tax defaults, tax demands arise or remain unresolved in consultation with the tax consultant

xii) Ensure relevant support, documentation and information needed for completing tax part in statutory audit, tax audit, management audit, RBI audit, due diligence or any such audit etc.

xiii) Ensure all direct tax compliances required with external agencies like Form 16A, Form 15CA etc are complied with

xiv) Driving the implementation of changes in tax laws, training & guiding the team and other employees for tax related matters,

2. Indirect Tax & Compliances:

i) Should have sound knowledge of GST

ii) Reviewing monthly GST computation for Output, Input and final liability

iii) Reviewing monthly GST detailed computation for regular and ISD input and it's distribution

iv) Ensure preparation of GST mandated invoices

v) Ensure preparation of GST compliant Input registers and other documents

vi) Preparing and filling of all relevant GST returns

vii) Reviewing reconciliation of monthly computation and balances with books

viii) Ensuring all direct indirect compliances work allotted to AM and Executive are done with time frames.

ix) Implementing controls on all indirect tax compliances

x) Getting sign off from AVP and Tax consultant on workings and have payments approved from relevant authority

xi) Ensuring issue of mandatory documents to vendors like invoices, Way bills, other Forms mandated under GST Act.

xii) Ensure states, branches and HO follows all documentation and disclosure requirements under GST Act.

3. Fund Management - He is expected to review and ensure the treasury is notified about all upcoming tax payments about SSFL/Group Entities.

4. Corporate Affairs - He will also be responsible for various corporate matters as outlined by the management.

5. Audit & Compliance - He is expected to engage with auditors (internal / external), ensure that all accounts are duly audited, any non-compliances are addressed and drive the highest level of compliances and ensure that there are no deviations from set standards.