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