16 Oct
|
Jsw Energy
|
Hyderabad
16 Oct
Jsw Energy
Hyderabad
Location: Hyderabad
Company: JSW Energy Limited
Function: Finance & Accounts (Direct Taxation)
About the Role
JSW Energy is looking for a dynamic and detail-oriented Direct Taxation professional to manage end-to-end direct tax compliance, litigation, transfer pricing, tax audits, and advisory for the organization. The role requires robust technical expertise in Indian direct tax laws, transfer pricing regulations, tax assessments, and strategic tax planning while ensuring full statutory compliance and minimizing tax risks.
Key Responsibilities
Direct Tax Compliance
- Prepare and file Corporate Income Tax Returns (ITR) within prescribed statutory timelines.
- Form 3CD (Tax Audit Report)
- Form 3CEB (Transfer Pricing Report)
- Form 61A (Specified Financial Transactions - SFT)
- Form 15CA/15CB
- Form 197 applications for lower/nil TDS deduction
- File Form 281 challans and ensure accurate tax payments.
- Support filing and compliance of Country-by-Country Reporting (CbCR) requirements.
- Ensure compliance with SFT reporting obligations under Rule 114E.
Tax Audit & Assessments
- Manage direct tax audits and coordinate with statutory auditors, tax consultants, and internal stakeholders.
- Prepare and review tax audit documentation and schedules.
- Track assessment proceedings and respond to queries raised by Income Tax Authorities.
- Ensure timely submission of information and documentation during tax assessments.
Transfer Pricing
- Coordinate with consultants for Transfer Pricing study, benchmarking, and documentation.
- Support preparation and filing of Form 3CEB.
- Handle Transfer Pricing audits and ensure compliance with TP regulations and BEPS requirements.
- Support group-level Country-by-Country Reporting compliance.
Tax Litigation & Notices
- Manage direct tax litigation matters before CIT(A), ITAT, High Court, and other appellate forums.
- Monitor tax notices and ensure timely, accurate responses.
- Coordinate with legal counsels and tax consultants for representation before tax authorities.
- Maintain litigation trackers and support closure of pending tax matters.
Tax Planning & Advisory
- Evaluate tax implications of business transactions and provide strategic tax guidance to business teams.
- Support tax-efficient structuring of transactions while ensuring regulatory compliance.
- Analyze amendments in direct tax laws and assess their impact on business operations.
- Recommend measures to optimize tax positions and mitigate tax risks.
TDS & International Taxation
- Determine applicability of TDS provisions for domestic and international payments.
- Review withholding tax obligations and DTAA applicability.
- Ensure compliance with TDS regulations and foreign remittance requirements.
Financial Reporting & Tax Accounting
- Prepare advance tax computations and ensure timely payment of installments.
- Prepare deferred tax workings in line with applicable accounting standards.
- Coordinate with auditors for review and finalization of tax provisions.
- Support quarterly and annual financial closing activities from a tax perspective.
Process Improvement & Stakeholder Management
- Extract and analyze tax-related data from SAP and other ERP systems.
- Coordinate with finance, accounts, treasury, legal, and business teams for tax-related information.
- Develop robust processes to strengthen compliance and reduce interest, penalties, and tax exposures.
- Drive automation and standardization of tax compliance processes.
Qualifications
- Chartered Accountant (CA) Mandatory.
- Additional qualification in taxation or finance will be an added advantage.
Experience
- 2–5 years of relevant experience in Direct Taxation, Tax Compliance, Litigation, and Transfer Pricing.
- Experience in large corporate organizations, preferably in Power, Energy, Infrastructure, Manufacturing, or EPC sectors.
- Prior experience handling tax assessments, litigation, and transfer pricing matters is essential.
At JSW Energy, we’re not just powering India—we’re transforming it. From renewables to energy storage to green hydrogen, we’re building a future-ready ecosystem that’s clean, smart, and scalable. We’re lighting up tomorrow—efficiently, responsibly, and sustainably towards our net-zero commitment
📌 Direct Taxation (Hyderabad)
🏢 Jsw Energy
📍 Hyderabad