Associate Manager-Indirect Taxation

JOB PURPOSE

Analytical MIS reports in detail and Audit committee( RPT & proposed RPT, CG-exposure & projections , Compliance certificate & Projections Vs Actuals & projections reports ) providing for Management for timely decision making Compliance certificates, Profitability & Debt exposure statements, investment incomes & finance expenses reconciliations, Agreements, wealth tax & Audit queries. Gateways -Financials, Advance tax, Tax Audit & ETDS returns, TDS payments Audit queries.

Well Versed with IDT Law, Act & Rules (GST, Custom, Excise, FTP, DGFT, etc.) and responsible for IDT compliances including filling of the returns , deposit of correct  taxes ,responsetowards Notices ,  audit ,assessment,  with in time lines .Support in Audit Assessment  of the Department ,Litigation matters before courts. 

Job resposibilities

GST related compliances including filling of the Returns, reconciliation, Legitimate claim of ITC within timeline ,Audit & assessment of department  Responses towards the Queries, Notice, Represent before tax authorities , file submissions. Discuss with the internal team and consultants /advocate. Keep & Maintain of all IDT related records & MIS, Familiar with Tax portal ( GST ,ICEGATE , DGFT ,Customs for compliance & extract reports   etc)	Timelines , Submissions  & closure of the notices and issue by department  minimise liability ,ensure no loss of  the ITC claim. Tax benefits
Liaising with, tax authorities , clearing agent , review bill of entries , HSN codes , for import & export transactions, custom duty payment and  clearance, assessments at the port within timelines to ensure no demurrage pay by the company	Timelines ,  levy of the penalty or demurrage or other charges , Saving of  the cash outflow
Filling of the LUT for export, SEZ transactions without payment of the taxes Ice gate registration , IEC registration and amendment import related compliances at DGFT portal related to for coal, metal , steel import	Timelines ,levy of the penalty or demurrage or other charges , Saving of  the cash outflow
Support in  internal audits, statutory audits and due diligence, and provide the required information. New registrations , portal update &  amendments , surrender registration & related  compliances as per business requirements	Timelines
Review of contracts, agreements & advice tax related clauses, analyse the IDT related issues on applicability of taxes, tax positions , day to day opinions applicable of taxes , HSN codes, SAC code on goods & Services, IDT related month end & year end activities for compliances	Timelines, tax savings , no of reviews

ORGANISATION CHART

 

EVP Group IDT head > Sector IDT head > Associate Manager IDT

INTERNAL AND EXTERNAL INTERACTIONS

External - Consultants , Advocates ,Tax Official , Vendors ,Customers 

Internal -Shared service finance and accounting teams  ,IDT compliance team , IT teams ,SAP teams , GL teams.Sector IDT teams ,Strategic team,  Assessment & Audit teams ,Litigation team , Sector CFO , Entity CFO , Plant heads , Departments HOD’s Contract & Procurement team, Material management teams , Business consultants , PO teams

EDUCATION QUALIFICATIONS

Preferably CA or ICWA ,Law graduate with semi qualified CA/ICWA having hardcore experience of 4-6 years  in  handling Indirect tax compliance, audits , assessments  & litigations & advisory .

RELEVANT EXPERIENCE

Currently 4-6 years  hard core in the Indirect tax compliances , Audits ,Litigation  & Advisory

COMPETENCIES