11 Oct
|
Whirlpool India
|
Gurugram
11 Oct
Whirlpool India
Gurugram
PURPOSE: To ensure
● 100% Direct & Indirect, Customs. Payroll Tax Compliance
● Completion of tax assessments of Whirlpool (Assessments /TP/TDS/CbC) without adverse results
● Efficiently handling of current ongoing litigation in progress at various appellate levels
● Minimization of overall direct tax liability of the Company by appropriate application of the Direct Tax Laws and Regulation
● Indirect tax matters (VAT, GST, Custom etc.) such as new business initiatives, M&A;, contract reviews, legislative analysis, implementation of tax technology and general technical indirect tax questions across the region
● Review existing tax position, finding the area of development and ensuring tax optimizations
● Advising business on new project for tax optimization with detailed SOP"s to be followed by the operational teams Preventive steps to avoid and tax exposure and litigation
ESSENTIAL DUTIES AND RESPONSIBILITIES
● Handling of direct tax assessments, re-assessments, and appellate proceedings as representative of the company for India tax.
● Ensure statutory compliances, tax planning and strategies aligned with overall business strategies, integrate entities, manage litigation risk, team management, lead digital/automation projects
● Working with Appellate Authorities
● Ensure compliance and consistent GST positions across locations, identify tax saving options, functional role in IT projects relating to GST and standardize procedures for smooth functioning of business processes.
● Replies to the queries in the Income Tax and Transfer Pricing assessment proceedings and ensuring accurate filling of the replies and information to the compliance and satisfaction of the Assessing Officers, Transfer Pricing Officers,
TDS Officers and proving face to face interaction/ explanation, clarification of documents and written submissions to tax authorities, to avoid disallowances of our claims to high pitched assessments and future tax litigations.
● Identify potential tax litigations, for filling of objection before the DRP, grounds of appeals, writ and SLP’s against the adverse tax assessment and appellate orders from ITO- TDS, AO, TPO, CIT-A, DRP, ITAT and High Court.
● Engaging with advocates, Senior Advocates on critical tax litigations issues, obtaining their verbal and written opinions, coordination with them for preparation of replies in critical tax issues, appeals ensuring their representations in the companies appeals, writs, SLP’s , Caveats, Stay of Tax Demand and Penalty matters of the company assigned to them.
● Ensure up keeping of the historical assessment/ appeal trails and tax issues and application of the same to facilities future assessment and appeal matters of the company.
● Ensure rectification of erroneous assessment and appellate tax orders, credit for withholding taxes, TDS and tax deposit credits, adjustment of tax deposits against tax demands, and ensure stay of the tax demands and obtain due tax refunds from tax department.
● Provide guidance for preparation of the tax details for audit and assessments,
advance tax computation, preparation of annual returns and coaching to the subordinates on tax issues and day today workings, providing clarification on tax issues for audit and reporting.
● Day today coordination and communications with officials and acting as a point of contact for the Tax Department with the company.
● To identify & adopt opportunities with tax framework for reducing ETR and for Beneficial interpretations of tax laws for reduction in liability and current /future litigation
COMPETENCIES:
● Personal Credibility: The quality of being perceived as trustworthy, that comes from building relationships, ensuring rigor and relevance in one's work, and consistently achieving great results.
People Leadership: Motivate and engage the team to ensure alignment with Whirlpool values and pro-actively drive talent management to create continuity and succession planning in the team.
● Business Acumen: The application of a broad understanding of the business, the external environment, and cross-functional dependencies that results in highly effective business solutions.
● Data Analysis & Problem Solving: Being able to draw conclusions about the information collected from the data & to come up with quick and practical solutions.
● Communication Skills: To have positive verbal/written communication skills
EDUCATIONAL QUALIFICATIONS
Qualified CA
EXP 15-17 yrs Experience
KNOWLEDGE, SKILLS AND ABILITIES
TECHNICAL & BEHAVIORAL
- Proficient in MS Excel & MS Powerpoint
- Exposure to one or more ERP Systems /SAP
- Exposure to FEMA Guidelines & US GAAP – MUST
- Exposure / compliance of Indian Listed entity
📌 Tax Director (Gurugram)
🏢 Whirlpool India
📍 Gurugram