
Company Overview:
United Breweries Limited is India's largest brewing company, primarily engaged in the production, marketing, and sale of beer and non-alcoholic beverages. Operating across a vast network of breweries and distribution channels, United Breweries holds a dominant market share in the Indian beer industry and is known for iconic brands like Kingfisher.
Role Overview:
The Sr Manager - Direct Taxation role at United Breweries is a critical position responsible for managing all aspects of direct tax compliance, planning, and litigation for the company. This role collaborates closely with the finance team, external tax consultants, and various business units to ensure accurate and timely tax reporting, optimize tax efficiency, and mitigate tax risks. The Sr. Manager plays a key role in ensuring the company's financial reporting accurately reflects its tax position and contributes to the overall financial health of the organization.
Key Responsibilities:
- Manage the preparation and filing of all direct tax returns, including income tax, advance tax, and withholding tax, ensuring compliance with applicable laws and regulations.
- Develop and implement tax planning strategies to minimize the company's tax liabilities while adhering to ethical and legal standards.
- Oversee transfer pricing documentation and compliance, ensuring alignment with Indian transfer pricing regulations and international best practices.
- Represent the company in tax audits and assessments, managing communication with tax authorities and preparing responses to queries and notices.
- Monitor changes in tax laws and regulations, assessing their impact on the company and implementing necessary adjustments to tax strategies and compliance procedures.
- Provide guidance and support to the finance team and other business units on direct tax matters, ensuring consistent application of tax policies and procedures.
- Prepare and review tax provisions for financial reporting purposes, ensuring accurate and timely reporting of the company's tax position in accordance with accounting standards.
- Manage tax litigation, working with external counsel to develop and execute effective defense strategies.
Required Skillset:
- Demonstrated expertise in direct tax laws and regulations, including income tax, transfer pricing, and withholding tax.
- Proven ability to develop and implement effective tax planning strategies to minimize tax liabilities.
- Strong understanding of accounting principles and financial reporting requirements related to taxation.
- Excellent analytical and problem-solving skills, with the ability to interpret complex tax laws and regulations.
- Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and external stakeholders.
- Experience in managing tax audits and assessments, including representing the company before tax authorities.
- Bachelor's degree in Accounting, Finance, or a related field; a professional certification in taxation (e.g., CA, CPA) is highly desirable.
- Adaptability to work in a fast-paced environment and manage multiple priorities effectively.
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