Junior Executive-F&A

JOB PURPOSE

This position delivers direct tax processes including but not limited to TDS, Tax filing, Tax-related report preparation, supporting tax legal disputes, internal and external audits & compliance tracking. Would also responsible for ensuring and monitoring the tax compliance, providing strategic inputs, review of assessment replies and coordinate with Business teams.

ORGANISATION CHART

KEY ACCOUNTABILITIES

Accountabilities 
Operations:
 Accountable for various compliances such as monitoring TDS monthly payments, advance tax, review of TDS returns, review of Income Tax returns, Review of SFT returns etc. related to corporate sector.
 Assisting the DT Head in monitoring the tax compliances and notices.
 Monitoring and assisting group teams and business teams in TDS compliances
 Review of assessment replies related to corporate sector
 Preparation of appeal papers, written submissions and arguments to be filed before the appellate authorities related to corporate sector.
 Review taxation publications, decisions & rulings, new and proposed legislation and tax reform measures and assesses application and implications on the corporate sector.
 Providing advise on direct taxation matter to corporate sector.

Governance
Assisting the DT Head in:
 Ensuring all direct compliances on monthly, quarterly, half yearly and annual basis are on-time and without any delay for corporate sector
 Adhering to processes, SLAs and RASCI.
 Timely escalations
 Assisting DT COE Head in preparing MISs

KEY ACCOUNTABILITIES - Additional Details

EXTERNAL INTERACTIONS

Auditors & Tax & legal consultants
 Interactions and closure of open points with external consultants with respect to Corporate sector
 Support in legal clarifications required and maintain the response time

INTERNAL INTERACTIONS

Stake holders/ Business User Team
 1nd level of escalation point for Business users
 Overall accountable for all tax related queries raised by corporate sector teams
 Reach out to SSC/Business team members for quick resolution of open issues & escalations
GMR IT
 Discussions with IT for implementation of updates and changes in Taxation in SAP/ERP tools
Taxation/Secretarial
 Provide responses to queries raised by to internal/external stakeholders

FINANCIAL DIMENSIONS

Budget Vs Actual
 Penalty cost incurred due to delayed compliances

OTHER DIMENSIONS

EDUCATION QUALIFICATIONS

Bachelor’s degree/Master’s degree in Commerce

RELEVANT EXPERIENCE

1 to 3 years of experience in Direct Taxation

Knowledge of direct taxation
 Expertise in Tax process
 Strong understanding of accounting systems and processes
 Strong understanding of financial reporting close process
 Keep self-updated with all notifications and circulars

COMPETENCIES