Income Tax

• In-depth understanding of Indian Income tax laws, regulations, and compliance requirements

• Develop and implement tax strategies to optimize tax liabilities and support business objectives

• Computation of monthly TDS/withholding Tax liabilities

• Ensure timely and accurate filing of TDS/withholding Tax returns, issue of TDS certificates

• Computation and review Advance tax liability, tax provisions, deferred tax calculations, Effective Tax rate and other tax-related financial reports

• Ensuring the books of accounts are updated and reconciled as per statutory returns

• Assistance in annual Tax filings such as ITR, Transfer Pricing Report, Master File, CbCR etc.

• Stay updated with changes in tax laws and regulations, ensuring the company remains compliant

• Provide tax advice and support to internal stakeholders on various transactions and business activities

• Coordinate and manage tax audits, providing necessary documentation and responses to tax authorities

• Identify and mitigate tax risks, ensuring robust internal controls and processes

Goods and Services Tax (GST)

• Working knowledge of GST provision including reverse charge mechanism, IMS, E-invoicing etc.

• Reconciliation of GST Input Tax credits with GSTR 2A/2B and following up with vendors for corrections, if any required

• GST Documentation: Maintain, organized and keep up-to-date records of GST transaction, Invoices, and related documents

• Preparation / review of GST returns such as GSTR 1, GSTR 3B, GSTR 6, GSTR 9/9C etc.

• Filing of GST refunds application

• Assistance in preparation of Tax updates for Management and Cross Functional teams

• Assistance in filing of replies to various notices issued by the GST authorities and collation of documents as required

• Handling/assisting GST queries, audits, and assessments

Monthly Closing and Other Task

• Assistance in monthly financial closing and sign-off

• Monthly Account reconciliation and monthly proofing of tax and accounts receivable balance sheet items

• Assistance in process improvement, automation etc.

• Should be able to manage ad-hoc requests in timely manner

Experience

• Chartered Accountant with 7-9 years of working experience in Corporate Tax function

• Practical experience of working in Income Tax and GST

Skills

• Excellent analytical and problem-solving skills

• Effective communication

• Team player, excellent collaboration skills

• Proactive and self-motivated

• Proficient in Microsoft Excel, working experience in SAP / Oracle Financials or any other ERP