15 Aug
|
Voya India
|
Mumbai
Job DescriptionPosition 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, robust 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. •
📌 Tax Associate--India Market (Mumbai)
🏢 Voya India
📍 Mumbai