VFS Global - Manager - Tax - CA

Manager - Tax (Only Qualified CA)

Qualification & Experience:

Education: Chartered Accountant

Experience:

- Post qualification 4-6 years of experience in International Taxation, preferably from the Big 4 or their member firms

- Knowledge & Key Skills: Knowledge of International taxation laws and preferably, key regulatory compliances

Purpose of the role:

- To assist in leading the Taxation function for global operations that includes optimising corporate / tax structures across the world to minimize the group tax cost, devising tax efficient mechanism for funds repatriation, transfer pricing policies and assessment, assessing and managing overall tax risks, owning of tax assessments & other aspects of international taxation end-to-end and overall Indirect tax compliance globally

- To assist in putting in processes and systems to ensure correct and timely compliance with all the direct and indirect tax laws, rules, procedures and regulations and dealing with the tax authorities in connection with the assessment proceedings in coordination with the local consultants

Areas of Responsibility & brief description:

1. Tax Planning:

- Assistance in optimising the overall tax cost at the group level and/or to achieve/improve tax efficiencies.

- Assisting in devising tax efficient mechanisms for repatriation of profits including dividend distributions

2. Tax Compliance:

. Assistance in monitoring of Internal & external compliances in direct and indirect taxes. Tax-cost management and optimization of entire spectrum of international/ domestic taxes. Compliance to local tax laws to be checked for proper withholding of taxes.

- Assistance in managing the global tax compliances of the group

3. International Tax Advisory:

- Advice of international business / tax structure, including intercompany transactional activity, transfer pricing, foreign tax credits and other issues.

- Working with Business Heads/ SPOCs to structure business arrangements in a tax efficient and compliant manner

- Assistance in structuring transfer pricing policies/framework and advise/review of transfer pricing documentation; Comply with the global transfer pricing compliances

- Advising finance teams, cross functional departments, business units and project teams on tax implications and/or on optimal tax structures when launching operations in new country and structuring of new revenue / business models-/contracts.

4. Tax provisioning:

- Review of the consolidated global tax provision. tax provisions and coordination with accounting department and other company personnel.

- Manage the tax related MIS reportings for the Group including ETR analysis, monthly / quarterly / budget tax provision, monthly / quarterly / budget tax payouts, year end tax note forming part of the Consolidated financials, IFRIC 23 assessment, CL disclosures, Tax provisions for open tax risks / open tax audits, quarterly tax audit / tax risk reporting, etc.

5. Tax Audits:

- Assistance in tax litigation matters across VFS Global group entities

- Advising the finance teams across the Group on issues arising out of disputes / questions raised by the tax authorities.

6. Assistance in tracking global tax updates on an ongoing basis and assistance in analysing the impact for the Group

7. Drive performance improvement initiatives for the department at both company and group level

8. Maintaining relationships with External Consultants and Team.

9. Judicious use of natural resources

10. Shall adhere to the environment health and safety policy/objectives and guidelines of the organization

Indicative KRA's/Budgetary & Revenue Responsibilities:

1. Assistance in optimisation of global tax cost at the group level

2. Ensuring Compliance of all local (across jurisdictions) Taxation requirements

3. Assistance in Risk management and risk mitigation of Tax liabilities globally

4. Tax advisory to local teams on business structuring

5. SOP Adherence by self and staff

6. Attrition of reporting staff

7. Employee Satisfaction Survey Scores

8. Code of Conduct Adherence by self and staff

Key Interactions within & outside of VFS Global:

External:

1. Tax and Regulatory Consultants

2. Tax authorities, wherever required

3. Tax Auditors, wherever required

Internal:

1. CFO, Deputy CFO and Head Finance

2. Financial Controller, Regional Financial Controllers and local finance teams

3. Legal team

4. Other cross-functional teams

5. Internal audit team