Company Overview:

Our client is a leading power generation company operating across Maharashtra, focused on thermal and renewable energy sources. With a significant installed capacity, they are a key player in meeting the region's growing energy demands, serving both industrial and residential consumers.

Role Overview:

The Taxation Head will lead and manage all taxation matters for the company's power generation operations in Maharashtra. This role involves overseeing direct and indirect tax compliance, optimizing tax planning strategies, managing statutory audits, and ensuring adherence to all applicable tax laws and regulations. The Taxation Head will work closely with finance, legal, and operational teams, as well as external tax consultants, to minimize tax liabilities and maximize tax efficiency. This position is critical in ensuring the company's financial health and regulatory compliance within a complex and evolving tax landscape.

Key Responsibilities:

- Develop and implement tax planning strategies to minimize the company's overall tax burden, ensuring alignment with business objectives and regulatory requirements.

- Oversee the preparation and filing of all direct and indirect tax returns, ensuring accuracy and timeliness to avoid penalties and maintain compliance.

- Manage and coordinate statutory tax audits, liaising with auditors and providing necessary documentation to ensure smooth and efficient audit processes.

- Provide guidance and support to finance and operational teams on tax-related matters, ensuring consistent application of tax principles across the organization.

- Monitor changes in tax laws and regulations, assessing their impact on the company and implementing necessary adjustments to ensure ongoing compliance.

- Represent the company in tax-related matters with tax authorities, managing inquiries, audits, and appeals effectively.

- Manage transfer pricing policies and documentation, ensuring compliance with international taxation regulations and minimizing risks.

- Lead and mentor a team of tax professionals, fostering a culture of continuous learning and professional development.

- Ensure accurate tax accounting and reporting, maintaining proper documentation and records for all tax-related transactions.

- Conduct regular tax risk assessments and implement mitigation strategies to minimize potential tax liabilities and exposures.

Required Skillset:

- Demonstrated expertise in direct and indirect taxation, including tax planning, compliance, and audit management.

- Proven ability to interpret and apply complex tax laws and regulations, ensuring compliance and minimizing tax risks.

- Strong understanding of tax accounting principles and practices, with experience in preparing and reviewing tax provisions.

- Excellent communication and interpersonal skills, with the ability to effectively interact with internal stakeholders, external auditors, and tax authorities.

- Experience in managing and mentoring a team of tax professionals, fostering a collaborative and high-performing work environment.

- Familiarity with international taxation principles and transfer pricing regulations.

- Qualified Chartered Accountant (CA) or equivalent professional certification.

- Adaptability to work in an on-site environment in Maharashtra.

- Possess 12-15 years of relevant experience in taxation, preferably within the power industry.