06 Aug
|
ABS Groups
|
Mumbai
Team Manager Direct Tax
Location: Nariman Point, Mumbai
Experience: 48 Years
Qualification: Chartered Accountant (CA)
About the Role
We are seeking an experienced Direct Tax professional to manage and oversee corporate direct tax operations, compliance, assessments, litigation, and advisory matters. The role requires strong technical expertise in Indian Income Tax laws, tax assessments, appeals, and regulatory compliance, along with the ability to collaborate effectively with internal stakeholders, auditors, tax consultants, and legal counsels.
The selected candidate will ensure compliance with applicable tax regulations, support tax risk management initiatives, and contribute to maintaining strong governance and control frameworks.
Key Responsibilities
Direct Tax Compliance & Reporting
- Ensure compliance with all applicable provisions of the Income Tax Act, Rules, and relevant regulatory requirements.
- Independently manage tax audits, income tax return filings, and direct tax compliance activities.
- Review and coordinate tax computations, tax filings, tax audit details, and statutory submissions.
- Review quarterly advance tax computations and tax provisioning requirements.
- Prepare and follow up on Tax Residency Certificates (TRC), lower withholding tax applications, and related approvals.
- Monitor income tax assessments, tax refunds, rectification applications, and other compliance matters.
Tax Assessments & Litigation
- Prepare, review, and collate information required for scrutiny assessments.
- Represent the organization before tax authorities and assessment officers, as required.
- Draft factual and legal submissions in response to notices, assessments, and tax proceedings.
- Track, review, and manage notices, hearings, and assessment-related correspondence.
- Prepare and review appeals before CIT(A), ITAT, and support appeals before High Courts and the Supreme Court.
- Coordinate with external counsels and legal advisors for hearings and litigation matters.
- Maintain and regularly update litigation trackers, tax status reports, and contingent liability registers.
Tax Advisory & Stakeholder Management
- Provide tax support and advisory assistance to business teams and group entities.
- Partner with internal departments to address tax-related matters and ensure timely resolution.
- Coordinate with statutory auditors, tax consultants, and advisors on tax audits and compliance matters.
- Support business decisions through proactive tax guidance and risk assessment.
- Keep stakeholders informed about significant developments in tax laws, judicial pronouncements, and regulatory changes.
Tax Governance & Process Management
- Ensure adherence to organizational tax policies, governance standards, and internal controls.
- Review tax positions and identify opportunities for process improvements and risk mitigation.
- Maintain accurate documentation and records related to tax compliance and litigation matters.
Required Skills & Competencies
Technical Skills
Robust working knowledge of:
- Income Tax Act and Rules
- Double Taxation Avoidance Agreements (DTAA)
- Corporate Taxation
- Tax Assessments and Litigation
- Appeals before CIT(A), ITAT, High Courts, and Supreme Court
- Tax Audits and Return Filings
Additional Requirements:
- Basic understanding of Transfer Pricing provisions and regulations.
- Hands-on experience with SAP.
- Strong drafting skills for notices, submissions, appeals, and tax representations.
Behavioral Competencies
- Strong analytical and problem-solving abilities.
- Excellent written and verbal communication skills.
- Effective stakeholder management and coordination skills.
- High attention to detail and strong organizational capabilities.
- Ability to manage multiple priorities and meet deadlines.
- Proactive approach toward compliance, risk management, and litigation matters.
Qualifications & Experience
- Chartered Accountant (CA) qualification.
- 4–8 years of relevant experience in Direct Taxation.
- Hands-on experience in:
- SAP
- Corporate Taxation
- Tax Litigation
- Drafting submissions and appeals
- Assessment proceedings and representation before tax authorities
Preferred Experience
- Experience in manufacturing organizations.
- Experience within large corporate tax functions.
- Prior experience in professional services or consulting firms is desirable.
Preferred Industry Background
- Manufacturing
- Large Corporate Tax Functions
- Professional Services / Tax Consulting
📌 Team Manager Direct Tax (Mumbai)
🏢 ABS Groups
📍 Mumbai