Purpose: The Tax Head will lead the end-to-end tax function, ensuring full compliance with direct and indirect tax laws, managing tax risks, supporting business initiatives, and driving tax-efficient structures and processes. The role requires strong knowledge of Indian tax regulations, banking industry requirements, and regulatory coordination.
Responsibilities -
- Oversee all direct tax and indirect tax compliance, including timely filing, payments, assessments, notices, and litigation management.
- Ensure compliance with withholding tax, GST, TDS/TCS, and other applicable statutory obligations.
- Monitor changes in tax laws, circulars, judicial pronouncements, and regulatory developments affecting the bank.
- Provide advisory support to business, finance, treasury, operations, and product teams on tax implications of new products, partnerships, vendor arrangements, and strategic initiatives.
- Manage tax audits, assessments, appeals, and interactions with tax authorities.
- Coordinate with external advisors, consultants, and auditors on complex tax matters.
- Review contracts, procurement arrangements, and intercompany transactions from a tax perspective.
- Support transfer pricing, tax provisioning, deferred tax computation, and annual financial statement disclosures.
- Establish strong internal controls, documentation standards, and tax governance processes.
- Drive tax optimization while ensuring a conservative risk management approach aligned to banking standards.
- Support board, audit committee, and management reporting on key tax exposures, disputes, and compliance status.
- Work closely with legal, compliance, risk, and finance teams to ensure integrated governance.
- Lead and develop the tax team, defining roles, review mechanisms, and capability building.
Qualifications
- Chartered Accountant preferred; additional qualification in law, finance, or taxation is an advantage.
- 15+years of relevant experience, preferably in banking, financial services, fintech, or large corporates.
- Solid experience in Indian direct tax, GST, TDS, litigation, and tax advisory.
- Experience in handling regulatory interactions and tax assessments.
- Deep understanding of banking operations, treasury, vendor contracts, and product structures.
Preferred Experience
- Banking or payments industry experience.
- Exposure to digital payments, partnerships, merchant acquiring, lending, or embedded finance.
- Experience in tax structuring for regulated financial institutions.
- Familiarity with automation, ERP systems, and tax reporting tools.
Interested candidates, kindly share your resume on
[email protected]
📌 Deputy Vice President /Vice President - Tax (Mumbai)
🏢 Fino Payments Bank
📍 Mumbai