Vice President - Taxation - FMCG

we have an urgent role with one of the biggest consumer goods MNC at Bangalore.

Role : VP Taxation - (Indirect/Direct and Litigation)

Qualification : CA/CS/ICWA/MBA

Exp : Minimum of 12 yrs

CTC : 85 Lacs - 1CR

Purpose of the role :

This position is responsible for the Company's tax strategy, compliance, tax planning and accounting for various taxes. S/He works with businesses, service providers, and other tax professionals in carrying out his or her responsibilities.

AREAS OF RESPONSIBILITY

Strategic Control and Risk Management

 - Tax Management

- Completing annual tax questionnaire, research and development questionnaire

- Reconciling tax location code and legal entity balances

- Maintaining tax records, franchise certificates for tax domains, reporting specific to tax, and audit/litigation support specific to tax management

- Providing advice and guidance on tax matters

- Determining correct tax rates, accounting for, collecting and remitting taxes paid to regulatory authorities. Includes any special taxes which must be collected and reported the sale of tobacco,fuel, excise or alcoholic beverages

- Preparing of various income and direct tax returns

- Calculating and reviewing the effective tax rate

- Coordinating and/or researching tax questions originating in operations

- Maintaining tax records, franchise certificates for tax domains, reporting specific to tax, and audit/litigation support specific to tax management

Tax knowledge hub

- Responsible for providing pro-active tax advise and risk management support to Leadership and Top Management

- Ensure tax is managed basis rules and regulations

- Ensure adequate standards and controls are implemented and improved over time

- Oversee the reporting and filing of various reports on tax into government bodies in collaboration with other teams in finance

- Ensure high standards for compliance are maintained

- Work closely with government bodies and Consultants to resolve all audits successfully and advise business proactively

- Work closely with consultants, partners to ensure closure of all investigations and audits on tax

- Advise the business basis emerging tax situations

- Monitor and report on tax compliance for the company

Governance and Compliance

- Drive the creation and implementation of effective governance, compliance and risk management frameworks to drive holistic performance and maintain a reputation

- Ensure pro-active input into preventative actions to address key business risks

- Manage issues to mitigate impact and risk by early involvement

- Guide resolution of issues and proactively create an environment where risk is avoided

- Supervise the team ensuring risk mitigation & fit-for-purpose agreements and ensure that the right people with the right capabilities are in place to deliver the goals

- Cultivate talent in the team to create a engaged function, committed to personal growth and capability building, aligned and accountable for business performance (Must Dos) and demonstrating the behaviours in pursuit of enabling organization goals

- Champion the embedding of a compliance culture within organization.

Ved
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