Hiring for Tax Specialist for a luxury global diamond brand

Location - HO Bandra BKC (Mumbai)

The purpose of this role is to support the Tax Manager - in the delivery of tax advisory, compliance and policy support to the downstream businesses and does so with a global perspective, focused on aligning the tax profile of the Group to its global footprint including through delivery of global Group tax priorities and initiatives.

The Downstream Tax Specialist plays a key role in ensuring that the Tax Strategy and Tax Governance Framework is fully implemented and embedded across all aspects of tax work performed locally, such that tax risk is effectively managed

Business Partnering:

- Proactively support and partner with business across global Brands & Diamond Desirability / Downstream business and within Group Tax function with the aim of creating sustainable value for the Group and leading change.

- Work with a network of local tax advisors in various countries and internal Group Tax network to support Downstream BU activities.

- Support the development and maintenance of relationships with key personnel within the business and ensure they understand the strategy, tax risk framework and vision of Group tax.

- Understand and help the business to understand the value proposition, objectives, initiatives, delivery and resource requirements of Group Tax.

- Help to embed Group Tax as a valued partner in the local business, positioning Group Tax to have a forward looking posture through presence in relevant committees and other forums that it uses to influence and shape decision making in the local business.

- Support the creation of sustainable value through professional advice and planning in accordance with the Tax Strategy and Tax Governance Framework.

- Help to deliver the provision of tax advice on major transactions, including acquisitions and disposals.

- Champion ways of working which result in strong collaboration with other parts of Group Tax as well as the Downstream business.

External engagement:

- Help to develop and enhance relationships with tax authorities, with a view to establishing ways of working that are consistent with the ethos of Co-operative Compliance.

- Monitor external developments and determine appropriate action.

- Engaging with and representing before the tax and appellate authorities and courts in case of notice, audits, assessment, litigation etc.

Compliance / Governance / Advisory / Risk / Policy:

- To support the Tax Manager - Downstream in the implementation of the tax strategy and the management of the Group's tax affairs for all Downstream entities.

- Manage direct and indirect tax compliance and reporting process to ensure compliance obligations are met, working together with external advisors, if required and stakeholders across the organisation.

- Support tax audits, disputes and tax litigation within the region.

- Support the development of relationships with key personnel within Group Tax and the local business and ensure they understand and apply Group Tax policies.

- Help to liaise with outside advisors (incl. auditors, legal, investment bankers and other advisors) to ensure proper and efficient tax planning, business partnering and solutions.

- Assist with the review and updating of tax systems, procedures and policies.

- Provision of advice on day to day tax matters in the relevant country/region.

- Provide tax advice on transactions, including M&A (acquisitions and disposals) and transfer pricing.

- Assist with adherence to transfer pricing policies and procedures and to ensure compliance with local transfer pricing regulations including master file, local file and country-by-country obligations.

- Evaluate, assess and manage the in-country tax risk in line with the Tax Risk Management Policy.

- Raise awareness of issues within the group in and effectively communicate tax issues to management.

- End-to-end management of all uncertain tax positions.

- Maintain a tax policy framework in line with the group's guidelines.

- Support the analysis of changes to regimes as the result of significant multilateral policy changes on Global basis and advice on the implication for the Group

- Monitor and communicate legislative changes and practice to the wider tax team and business as appropriate