Responsible for Driving Indirect Tax & Strategy (GST & pre-GST) for all the Group companies of Bayer in India
Responsible for establishmening , updating & implementation of robust and tax processes and strategies related to Indirect Tax in order to avoid any excess outflow to Indirect Taxes
Provide fast and timely support to Business, Plants and Factories in their day to day working for Indirect Tax compliances and efficient tax planning
YOUR TASKS AND RESPONSIBILITIES:
Indirect Tax Management for Bayer Group Companies (GST & pre-GST)
Ensure compliances with GST laws through Tax Operational organization to ensure
timely and accurate payment of tax in all states for all group companies
timely submission of periodic returns
timely submission of GST refunds
timely providing documents as and when required by Tax Authorities
Review the system of credit availment in accordance with tax laws and most beneficial to the company
Proper monitoring of non creditable GST and influencing user departments and vendors for bill submission compliance to ensure maximum credit benefits of service tax paid
Monitoring the status of GST registrations for new business places, new registrations and surrender of registrations as per the changing requirements
Ensure a robust system of monitoring of filing returns, appeals and day to day interactions with Tax Authorities & Consultants on GST related matters through Tax Managers at Zonal and Plant locations.
Track various compliances in a standardized way by using Automated Tools
Ensure GST refund, assessments, appeals and litigationat various levels In a timely and efficient manner
Support on going projects. Business strucuturing , help conclude agreements with efficient GST planning
Ensure that the departmental assessments, enquiry with Govt and Tax Authorities are done in most effective and complaint manner
Ensure automation / digitalisation of processes, track and implement amendments and circulars issued by GST authorities in a timely manner.
Monitoring the Indirect Tax Operational department for purposes of maintaining proper documentation, records and data as may be required for tax (indirect & direct) compliance, statutory audit & cost audit purpose in accordance with recent tax laws.
To standardize accounting & reporting processes, implementing controls in tax processes in zones and plants
To automate & optimize data requirements by using in-house/ external tools which facilitates faster Tax compliances and decision making
Interact with GBS to ensure correct bookings & update decision trees as & when there is a change in the law.
To ensure correct month-end & year-end books closing from indirect tax perspective
Intreract with Tax Authorities provide required information with in the given timelines.
Prepare response to notices , orders , align with tax counsels on complex issues.
Ensure tax provisions and contingent liabiities are updated routinely
Have access to tools on indirect tax case laws , circulars , clarificaitons,
Interact with chambers or commerce , association on a need basis.
Agencies providing indirect tax compliance related Tools
WHO YOU ARE:
Professional Qualification in Accounting/ Tax with a major in tax and accounting or an equivalent qualification with atleast 15 years of hands on industry experience
Knowledge of GST Law / legacy indirect tax laws
Practical experiences Indirect Tax Management
Systems & Process oriented
Leadership Skills and Decision Taking ability
Good knowledge of SAP
Create vision with the team to deliver holistic impacts ,
Design , flex , simplify process with the team and reduce non value added work
Trust the team , hold them accountable and remove road blocks faced by them
Listen and ask question to unlock teams full potential and provide skill building opportunities.