Assistant Manager - Direct Taxation - Manufacturing (3-4 yrs)

About Hero Motors :

Hero Motors is part of the HMC group (www.hmcworld.co.in), a diversified conglomerate with a presence in automotive components, E-Mobility, cycles, real estate and premium retail, with the group revenue of USD 500 million in 2020. The automotive businesses of the group comprises mainly of 5 business verticals. The verticals Gears & Transmission, Bike Powertrain & Sheet Metal are part of Hero Motors. The other two verticals, Chassis Systems and Brake Discs & Drums are part of separate Joint Venture companies.

Hero Motors has recorded strong growth of 20%+ CAGR in Turnover over the last 5 years. Its latest division, Bike Powertrain is expanding into new product segments EV Motors & E-Drive Systems.

Specifications:

Experience (in years): 3 -4 years (Post qualification)

Industry Preferred: CA Firm/Manufacturing

Qualifications: Chartered Accountant

Job Purpose:

- Work in Direct tax and transfer pricing with accurate and timely adherence of tax compliance.

- Basic Knowledge of SAP.

- Brief knowledge of international tax (DTAAs) will be preferred.

Roles & Responsibilities:

- Monitor changes in law, Periodic review of tax compliance protocols, recommend and manage changes.

- Ensuring timely and accurate responses to notices issued by tax department and work closely with Business teams and Litigations teams and Compliances.

- Responsibility for preparation of draft submissions to be filed before the income-tax authorities during assessment proceedings (direct tax and transfer pricing).

- Timely and accurate direct tax compliances including but not limited to:

- Timely and accurate filing of TDS and TCS returns

- Timely TDS and TCS computation and deposit

- Advance tax computation and payment

- Preparation of Tax Audit working and co-ordination with tax auditors

- Timely and accurate filing of Annual Income Tax Returns

- Timely compliance to Transfer pricing provisions

- Reconciliation & review of 26AS for TDS to be claimed in the ITR.

- Filing of SFT statement.

- Knowledge of Double Taxation avoidance treaty and preparing form 15CA/CB

- Candidate shall be responsible for co-ordination with internal departments for data collation and shall also deal with external tax consultants in resolving their queries.

- Have regular co-ordination with consultant and resolve their query and submit required as per requirement.

- Prepare Pre & Post Budget impact analysis and submit recommendations for tax policy changes impacting businesses.

- Any other special projects being assigned by the Management.