Manager / Asst. Manager | Indirect Taxation - Mumbai

Manager / Asst. Manager : Indirect Taxation

Location: Worli, Mumbai

Exp: 3 to 8 years.

Qualification: CA with First / second attempt only. OR CMA

Key Purpose of the Job (Position Summary)

This position is responsible for handling all the matters related to Indirect Taxation across locations and for guiding outsourced units. This includes all compliances, payments and litigation relating to GST, Erstwhile indirect tax laws and related economic laws. The position is also responsible for liaising with the advocates, auditors, statutory bodies and government agencies for indirect tax matters.

KEY PERFORMANCE AREAS

• 100% Compliance in GST
• Closure of all Erstwhile Indirect Tax Litigation and assessment
• Guide the Indirect Tax team in executing day to day operations
• Ensure Optimal utilization of ITC
• Driving automation in indirect tax functions

KEY ACTIVITIES & RESPONSIBILITIES

Strategic

• Devise strategies for Tax planning and ensure effective implementation of standard processes related to indirect taxes across all locations at CEAT
• Keep abreast with updates and changes in the laws related to Indirect taxes, understand their implications and provide inputs for effective decision making/ compliance
• To identify potential opportunities to take advantage of tax exemptions and benefits available
• Advise the business groups on implication of indirect taxes, to ensure compliance with tax laws
• Vet proposals/ bids/ agreements from indirect tax point of view and provide inputs to ensure compliance

Taxation and Filing of returns

• Ensure that there are no deviations from the standardized processes as determined by the taxation team and all transactions are executed with highest level of accuracy.
• Ensure 100% checking of all GST payment returns and MIS.
• Ensure timely filing of returns for all states.
• Establish and implement effective documentation system for maintaining papers related to litigation and ensure that the documents are easily retrievable.
• Ensure timely and accurate updating of SAP with regards to all matters pertaining to indirect taxation
• To ensure that all documents pertaining to taxation are filed in a secure manner and are easily retrievable

Audit and Compliance

• Ensure compliance with all the necessary statutory and regulatory requirements.
• Audit indirect tax compliance at plants and offices
• Respond to queries raised by statutory departments related to indirect taxation or any other cess in an appropriate and timely manner
• Respond to queries related to indirect taxation raised by tax department in an appropriate and timely manner

Litigation Management

• Ensure timely action is taken on appeals, and pursues effective resolution, compilation and spread work for the same
• Handle disputes and litigation matters related to indirect taxes and represent CEAT at tribunals, arbitrations and courts
• Liaise with lawyers and coordinate to ensure CEAT is appropriately represented before statutory bodies and courts
• To represent organization from taxation perspective at tribunals; arbitrations and courts
• To handle litigation including drafting of replies/ appeals on critical matters
• Support regional offices and Outsourced units in solving issues and dealing with litigations or disputes in relation to indirect taxation

Relationship Management

• Liaise with internal and external auditors; statutory bodies, government agencies and other agencies to ensure that taxation matters are handled smoothly.
• Build relationships with the various indirect tax authorities on a periodic basis to network with the officers in these department.
• Support and guide outsourced unit in matter related to their respective indirect tax related matters and resolving their queries, if any
• Reply to all queries raised by the department.

People Management

• Manage performance of the team and ensure that team is working in line with organizational value system.
• Ensure team is adequately trained and proactively work with HR at capability enhancement of team.