PRIMARY RESPONSIBILITES:
Finalization of Tax Computation, Return of Income, TDS returns, GST Compliance
Handling Tax Assessments, Transfer Pricing Assessment & Appeals
Handling all Direct, International and Indirect Tax related Compliances
Handling Transfer Pricing, APA, AAR
Handling Tax compliance of Group Entities
Supporting Sub Region entities on Tax compliance and Group reporting
Advising business of applicability of Taxes on transactions
Lead Team including qualified CA.
Ability to understand Tax rules of Sub Region Countries (Sri Lanka & Bangladesh)
SPECIFIC RESPONSIBILITES:
Direct and international Taxation:
Ensure of Timely and correct Group reporting related to Tax accounting
Ensure to comply with all Corporate Tax & TDS returns & payment of taxes within due dates
Handling Tax Assessment, Transfer Pricing Assessment, APA, MAP, AAR, POEM, SEP for SGS India and Group Entities in India
Advising business of Foreign WHT applicability on international business including to minimize losses to business on account of Foreign WHT
Advising management for Tax matters on complex business transaction including for Merger-demerger
Foreign WHT Compliance of Group Entities
Compliance of 15CA-CB and maintaining relevant Tax documents for future assessment
Ensuring compliance of Master filing and CbCR for SGS India and for Group entities in India
Ensuring Tax compliance of Expat in India
Supporting HR on Salary Taxation
Preparation of computation of Income on quarterly basis for Advance Tax & Dividend payout
Compiling the details for Income tax scrutiny assessment and also for appellate proceedings before CIT(A) & ITAT.
Keeping self up to date on recent development in economy and in Tax (including international taxes-OECD)
Indirect Taxes:
Ensure timely and effective compliance of GSTR1, 3B and 9,9C.
Supporting and taking active participation for Tax matters of Industry in common
Ensure to minimize GST ITC loss by following monthly reconciliation and identifying Tax leakage in process of accounting, business model
Understanding Business model and navigate Tax part of same in compliant manner
General:
Ensure smooth Statutory (related to Tax part) /Tax/Group/Internal Audits without any adverse remarks.
Ensure to reply all Tax notices within timeline
Ability to understand ERP including changes required in same due to changes in Tax Laws
Set up of SOP, Internal check, ICFOR for tax and ensuring to follow same including maintaining sufficient record for future reference.
Ensure to maintain sufficient & relevant documents for future Tax assessment in structured manner with ease of retrieval
Managing Tax Risk by identifying areas of tax savings
Recording accounting entries to ensure that the GL balances are in line with the existing tax position.
Tax Risk Management (open litigation) - regularly updating the file & database
At all times, comply with SGS Code of Integrity and Professional Conduct.
Background of commerce with sound knowledge of Income Tax Act, International Taxation
Minimum qualification: Chartered Accountant
Working knowledge of FEMA, Companies Act, Ind AS and IFRS
12-15 years of Experience in taxation and operating oracle/SAP
Knowledge of Word, Outlook and knowledge of Excel – experience.
