12 Aug
|
Voya India
|
Bengaluru
12 Aug
Voya India
Bengaluru
Position Summary for Tax Associate The Tax Associate will play a crucial role in ensuring the company's compliance with all Indian direct and indirect tax laws, with a specific emphasis on managing and documenting the tax implications of intercompany transactions under the cost-plus model. This role requires meticulous attention to detail, strong analytical skills, and a solid understanding of Indian Income Tax and GST laws.
Key Responsibilities
- Transfer Pricing (TP) Compliance: Assist in the preparation and review of transfer pricing documentation, including the local file and master file, in line with Indian TP regulations along with Benchmarking studies
- Intercompany Transaction Analysis: Conduct functional, industry, and economic analyses, specifically focusing on the application of the Cost-Plus Method (CPM) to support arm's length pricing for intercompany services/goods.
- Tax Zones: Knowledge of key Policies Tax Zones and related compliance around SEZ, STPI, DTA inwards of Goods & Services; Outwards supply of IT & IT Enabled services.
- Tax Return Preparation & Filing: Prepare and assist in the timely and accurate filing of all direct tax (Income Tax) and indirect tax (GST) returns.
- Audit Support & Litigation: Support tax audits and assessments by gathering necessary financial documentation, preparing technical submissions, and responding to inquiries from tax authorities (e.g.,
Income Tax Department, GST authorities).
- Documentation & Record Keeping: Maintain accurate and organized records of all tax-related documentation, financial data, and intercompany agreements to ensure audit-readiness.
- Collaboration: Coordinate closely with the finance, accounting, and global tax teams to ensure consistency in tax reporting and the integration of tax planning strategies.
Required Qualifications & Skills
- Education: Bachelor's degree in Accounting, Finance, or Commerce (B.Com) is required. A professional certification will be added advantage.
- Experience: [4 - 6] years of relevant experience in a corporate tax department or public accounting firm, with exposure to transfer pricing and international taxation preferred.
- Technical Skills:
o In-depth knowledge of Indian Income Tax Act, GST regulations, and Transfer Pricing laws.
o Proficiency in Microsoft Office Suite, especially advanced Excel skills for data analysis and reporting.
o Familiarity with accounting software – Oracle Fusion.
- Soft Skills:
o Solid analytical and problem-solving abilities.
o Excellent written and verbal communication skills.
o High attention to detail and strong organizational skills.
o Ability to manage multiple tasks, prioritize effectively, and meet strict deadlines.
📌 Tax Associate--India Market (Bengaluru)
🏢 Voya India
📍 Bengaluru