Tax Team Leader - Insurance

Job Description:

The Job role shall primarily be responsible to oversee and monitor Compliance with Indirect Tax Regulation and ensure controls are properly operating

A. PRIMARY RESPONSIBILITIES :

1. Tax Compliances:

The responsibilities of role include - 

- Review and analyzes of the Business operations and suggested tax compliance requirements

- Lead the Query management

- Liaising with external consultants and Counsel where required to facilitate advice to operations / business units.

2. Tax Process :

The responsibilities of role includes:

- Provide insight into the forthcoming proposed Indirect tax changes

- Participate in forecasting mid-to long term tax planning

- Ensure smooth roll-out of the process suggested

3. Knowledge Management:

The responsibilities of role includes:

- Analyzing the impact of the latest circular/ notification/ case laws pertaining to Indirect Tax and briefing the same to senior management regarding the impact.

- Analyzing the Finance Bill and providing the impacts of the amendments to senior management

4. Tax Assessment :

The responsibilities of role include:

- Lead the team in handling the Tax investigation and Assessments under Indirect Tax

- Reviewing submissions and appearing before the revenue authorities.

- Briefing senior management on the status of Investigation.

5. Tax litigation :

The responsibilities of role includes:

- Co-ordinating with the counsel to decide upon the way forward w.r.t. to ongoing litigation

- Ensuring timely filing of appeals before the Appellate authorities.

6. Management reporting :

The responsibilities of role includes:

- Briefing to the Tax head on Indirect tax matter for CFO reporting purpose

- Briefing to the tax head on Indirect Tax matter for Audit Committee presentation

7. Representation before Authorities

The responsibilities of role includes:

- Lead the representation to be made to CBEC on matter relating to banking operation.

- Meeting revenue authorities and following up for various representations done.

B. SUPPLEMENTARY RESPONSIBILITIES :

- Lead a team in smooth implementation of GST Regime in Indirect tax

- Ensuring overall Indirect tax compliance and smooth implementation of the tax processes