Description

They are responsible for designing, implementing, and maintaining TDS-related functionalities within financial systems. This role ensures accurate tax deduction, compliance with statutory regulations, and seamless integration with accounting and payroll systems.

Responsibilities

Managerial Responsibilities

- Analyze business requirements related to TDS processes and compliance.
- Configure and customize TDS modules in core banking system.
- Ensure accurate calculation, deduction, and reporting of TDS across transactions.
- Collaborate with finance, payroll, and IT teams to align TDS workflows.
- Support statutory audits and respond to tax-related queries.
- Monitor changes in tax laws and update system configurations accordingly.
- Conduct testing and support UAT for TDS functionalities.
- Provide training and post-implementation support to users.

Functional Responsibilities

- Understand business processes involving TDS across payroll, vendor payments, and interest payouts.




- Configure TDS modules in core banking system.
- Set up deduction rules, thresholds, PAN/TAN validations, and surcharge/cess calculations.
- Design and execute test cases for TDS deduction, reporting, and filing.
- Support User Acceptance Testing (UAT) and resolve functional defects.
- Liaise with finance, payroll, compliance, and IT teams to ensure smooth TDS operations and Act as a bridge between tax consultants and technical developers.
- Monitor changes in tax laws and update system configurations accordingly and ensure timely implementation of amendments.
- Assist in tax planning and optimization by structuring transactions to minimize TDS liability within legal bounds

Qualifications

Qualifications

M.Tech/B.Tech Or Equivalent Bachelors Degree

Experience

8 to 10 years

📌 TDS Functional Consultant| Mumbai
🏢 CSB Bank
📍 Mumbai