06 Aug
|
Airpay Payment Services
|
Mumbai
06 Aug
Airpay Payment Services
Mumbai
Job Title: Manager – Direct Tax.
Job Level: Mid - Level.
Report to: Senior Manager.
Department: Finance.
Organization: Airpay Payment Services Pvt. Ltd (https://www.airpay.co.in/)
Location: Mumbai
Job Summary The Manager – Direct Tax will oversee comprehensive direct tax compliance, assessments, tax reporting, advisory, and litigation support. The role requires strong expertise in replying to income‑tax notices within statutory timelines, maintaining a robust compliance tracker, and ensuring 100% accuracy and timeliness across all direct tax activities.
Key Responsibilities
- Direct Tax Compliance
- Prepare and review corporate income tax returns (ITR‑6).
- Ensure compliance with all requirements under the Income Tax Act, 1961, including:
- Return filing (Sec 139)
- Verification (Sec 140)
- Advance tax (Sec 208–211)
- TDS payments & returns (Sec 192–194 series)
- Manage TDS/TCS monthly payments and quarterly returns (Form 24Q, 26Q, 27Q).
- Reconcile Form 26AS, AIS, and TIS with tax records.
- Ensure compliance with Form 15CA/CB, and other direct tax rules.
- Compliance Tracker Management
- Maintain a comprehensive Direct Tax Compliance Tracker covering:
- All statutory due dates (TDS, ITR, Advance Tax, Tax Audit, TP filings).
- Tracking of notices, deadlines, and submission statuses.
- Ensure no lapses in compliance through timely alerts, follow‑ups, and coordination.
- Present compliance dashboards to management regularly.
- Tax Audit & Statutory Reporting
- Prepare/review Form 3CD and associated annexures.
- Ensure compliance with ICDS.
- Support statutory, internal, and tax audit requirements.
- Income‑Tax Notices, Assessments & Litigation
- Draft and submit timely responses to all types of notices including:
- 143(1), 143(2), 142(1)
- 148 (Reassessment)
- 133(6), 131 (Information/Summons)
- 245 (Set-off), CPC communications
- Manage e‑proceeding submissions with end‑to‑end documentation.
- Support consultants and legal teams during assessments and hearings.
- Transfer Pricing Compliance
- Assist in preparation of Local File documentation.
- Ensure compliance with Form 3CEB and related TP requirements.
- Advisory & Tax Planning
- Advise business units on tax implications of contracts, transactions, and new initiatives.
- Analyze updates from Finance Acts, CBDT notifications, and judicial rulings.
- Support compliant tax‑planning strategies.
- Financial Reporting
- Prepare quarterly and annual tax provisions under AS.
- Review and reconcile current and deferred tax workings.
- Support financial audits with tax‑related schedules and documentation.
Required Qualifications
- Chartered Accountant (CA) / CA Inter.
- Master of Commerce (M.Com) with solid, hands-on experience in Goods and Services Tax (GST) compliance and related filings.
Required Skills
- Strong expertise in Income Tax Act, 1961, Rules, and portal functionalities.
- Proven ability to respond to IT notices and manage assessments.
- Strong analytical skills and drafting ability.
- Proficiency in Excel, Tally Prime, and tax systems.
- Ability to maintain structured compliance trackers and meet strict deadlines.
Preferred Industry Experience
- 10+ Years Experience in corporate tax roles or leading CA/consulting firms.
- Exposure to FinTech industry, such as:
- Payments companies
- NBFC‑FinTech’s
- Lending tech platforms
- Digital banking/neo‑banking
- Wealth‑tech or investment‑tech companies
- Understanding of tax implications specific to FinTech models (TDS on digital payments, platform‑based income structures, cross‑border digital services, etc.).
- Experience in fast‑paced, high‑compliance, technology‑driven environments.
📌 Manager – Direct Tax (Mumbai)
🏢 Airpay Payment Services
📍 Mumbai