POSITION TITLE: SENIOR ASSOCIATE - FINANCE (GST)
LOCATION: MADURAI
Coats is a world leader in thread manufacturing and structural components for
apparel and footwear, as well as an creative pioneer in performance materials.
These critical solutions are used to create a wide range of products, including
ones that provide safety and protection for people, data and the environment.
Trusted by the world's leading companies to deliver crucial, innovative, and
sustainable solutions, we provide value-adding products including apparel,
footwear and speciality threads.
With a proud heritage dating back more than 250 years and a spirit of evolution
to constantly stay ahead of changing market needs, we have operations across 50
countries with a workforce of over 17,000, serving our customers worldwide.
Role Purpose: The GST Specialist manages all internal indirect taxation
processes, ensures timely and accurate statutory filings, maximizes legal Input
Tax Credit (ITC) recovery, and maintains total compliance with government tax
laws.
Principal Accountabilities and Key Activities:
* Return Filing: Prepare and file regular monthly and quarterly GST returns
including GSTR-1, GSTR-3B, and annual returns like GSTR-9 and GSTR-9C.
* ITC Reconciliation: Reconcile purchase data with GSTR-2B to claim optimal
Input Tax Credit without discrepancies.
* Invoice & Data Verification: Check vendor and supplier invoices for correct
HSN/SAC codes, tax rates, and legal compliance parameters.
* Tax Computation: Calculate monthly net tax liabilities (CGST, SGST, IGST)
accurately before payouts.
* Audit Support: Assist internal and external tax auditors by providing
required financial reports, ledgers, and transaction trails.
* Refund: Filing necessary refund documents with the department and attend to
their queries and get the refund successfully from department
* Notice Management: Coordinate responses and documentation for scrutiny
notices or queries raised by state or central tax depart
📌 Senior Associate (India)
🏢 Coats
📍 India