We are looking for a candidate with a robust understanding of Direct and Indirect Tax Laws to manage the taxation of multiple companies on a regular basis. The ideal candidate should have hands-on experience in tax compliance, tax filings, TDS, income tax, and related statutory requirements, with the ability to ensure timely and accurate compliance across entities.
Key Responsibilities:
1. Direct tax Compliance:
- Ensure timely deduction and payments of TDS and TCS, filing periodic TDS and TCS returns, including reconciliation of TDS and TCS taxes with Books.
- To coordinate with all internal departments for discrepancies identified in TDS/TCS and ensure that there will not be any noncompliance.
- Preparation of Computation of Total Income of All Companies.
- Preparation of details/submission for Income tax assessment work of all companies and appearing before authorities, coordination with various tax Authorities.
- Preparation and filing of an application for a Lower deduction Certificate for group companies, and coordination and follow-up with tax authorities.
- Reconciliation of 26AS statement with TDS credit as per Books.
2. Audit and Documentation: Conducting internal audits to ensure compliance with tax regulations and maintaining proper documentation for audits by tax authorities. Ensure that all queries related to internal and statutory audits are solved.
3.
Automation Implementation: Utilizing automation tools to streamline and enhance efficiency in Income tax compliance processes.
4. Risk Assessment: Identifying and mitigating potential risks related to taxes, keeping abreast of regulatory changes, and adapting strategies accordingly.
5. Effective Communication: Communicating with various internal departments regarding tax-related issues and providing updates on changes in regulations.
6. Collaboration: Collaborating with cross-functional teams, such as finance and legal, to ensure overall compliance and alignment with organizational goals.
7. Periodic Reporting: Generating periodic reports on direct activities and performance metrics.
Preferred candidate profile:
- Inter CA or Graduate with a minimum of 2 years of practical experience in the tax field.
- The person shall be proficient in Income tax and also with the manner in which the income tax website functions. Also have basic knowledge of GST law and its functions.
- Preference will be given to candidates having worked in the real estate or construction sector.
- Preference will be given to candidates having worked on Oracle or SAP.
- Ability to multitask with a result-oriented outlook.
- Computer Skills (MS Office Adv. Excel Must)
- Good with Communications.