01 Oct
|
SBI Payments
|
Mumbai
01 Oct
SBI Payments
Mumbai
Position Manager - Financial Reporting & Taxation
Grade Manager
Location Mumbai
Reporting to Deputy Vice President - Financial Reporting & Taxation
About the Company
SBI Payment Services Pvt. Ltd. is a Joint Venture between SBI & Hitachi Payment Services Pvt. Ltd. which combines the unparalleled distribution network, customer trust of SBI with cutting edge technology and services of the Hitachi Group.
SBI Payments has been in acquiring business since 2010 and currently has over 37 lakh merchant payment acceptance touch points and processes transaction value of over Rs.1.5 lakh Crore per annum. The Company envisages to be the market leader in digital payments acceptance solutions to merchants in India as well as in Asia.
Qualification
Graduate and Qualified Chartered Accountant. Knowledge of Tally accounting software and relevant tax/accounting systems.
Experience
68 years of relevant experience, preferably with strong exposure to Direct & Indirect Taxation, GST compliance, financial reporting and tax audits.
Domain Knowledge Competencies
- Strong knowledge of Direct & Indirect Taxation, including Income Tax, TDS and GST.
- Solid understanding of GST compliance monitoring, returns, reconciliations and ITC.
- Knowledge of tax audits, assessments, notices, litigation and departmental liaison.
- Understanding of tax provisions, DTA/DTL and their financial impact.
- Ability to manage tax compliance governance, statutory timelines, consultants and audit readiness.
Position Objective / Responsibilities
1. Tax Audit/Income Tax Returns:
a) Coordinate and review Income Tax Audit, ITR and related tax workings, ensuring timely and accurate compliance.
b) Liaise with tax consultants/auditors and monitor assessments, refunds and related matters.
2. TDS & Advance Tax:
a) Review TDS reconciliations,
returns and compliance.
b) Review advance tax workings and ensure timely payment within statutory timelines.
3. GST Compliance & Returns:
a) Monitor end-to-end GST compliance, including timely filing of returns and adherence to statutory requirements.
b) Review GSTR-2B, purchase register and books reconciliation, ITC and related GST workings.
c) Monitor annual GST returns and coordinate with consultants on GST-related matters.
4. GST Assessments & Notices:
a) Coordinate GST audits, assessments and responses to notices such as ASMT-10 and DRC-01C.
b) Review supporting data/reconciliations and liaise with consultants and GST authorities for resolution.
5. Financial Reporting & Tax Accounting:
a) Support monthly, quarterly and annual financial reporting and closing activities.
b) Review DTA/DTL workings and tax-related accounting and reconciliations.
6. Tax Systems & Compliance Governance:
a) Support tax engine, customer/master data and tax-related system activities.
b) Monitor tax compliance calendar, controls, documentation and audit readiness.
7. Consultant & Stakeholder Management:
a) Coordinate with tax consultants, auditors and internal stakeholders on taxation and financial reporting matters.
b) Review consultant deliverables and support related approvals, engagements and payments.
Behavioural Competencies
- A high level of commitment and self-motivation
- Strong ownership and accountability.
- Ability to review, monitor and manage multiple compliance activities within defined timelines.
- Problem solving attitude with proactive approach
- Strong integrity, trustworthiness and accountability
- Ability to work independently with strong ownership mindset
Compensation The compensation/ Cost to company shall be commensurate with experience and industry standard.
📌 Manager - Financial Reporting & Taxation (Mumbai)
🏢 SBI Payments
📍 Mumbai