Head Taxation

Your Job Role Summary …
You will be responsible for managing all activities related to Direct and Indirect taxes, including Income Tax, Sales Tax, Excise Duty and GST. You will be responsible for end to end compliance of all aspects relating to these taxes, including day to day compliance, preparation and filing of periodic returns in time, handling tax assessments and resultant tax litigations. You will work closely with the accounting teams to ensure compliances. You will also help the leadership team in identifying opportunities and risks relating to tax domain .

Your key deliverables will be…

• Liaising with the Tax regulators and consultants for any changes in tax concepts and regulations impacting company business.
• Analyzing & reconciling trade / transaction feed between accounting system and tax system to ensure accurate gain / loss reporting in tax packs / reports.
• Overseeing the tax preparation activities along with tax reporting and transactions and ensuring that they are carried out as per defined timelines with conformation to the government regulations.
• Steering the efforts of the team to ensure that the annual and on-demand tax reports are created regularly and reported to the senior management to facilitate business decisions.
• Generating periodic tax estimates to aid in cash flow analysis and budgeting.
• Liaising with operations management on tax issues and accounting management with tax accounting issues.
• Assisting members with tax research and planning issues with proper guidance and closure.
• Continually monitors and keeps abreast of all relevant tax rate changes and its implications in business.
• Regular communication with stakeholders regarding compliance matters and sharing of updates.
• Analyzing, consolidating of data, vetting transaction and related forms to prepare complete and accurate VAT / GST Audit Assessment and related documentation.
• Monitoring periodically the VAT assessment to ensure adherence to the regulations and pass successfully through Income Tax Scrutiny and checks.
• Monitoring and tracking periodic Tax return filling.
• Assisting and providing inputs during the external audit of accounts.
• Handling & maintaining documentation in the SAP system and physical records of various assessments of GST across functions.
• Build knowledge and keep abreast of the continuous changes in the tax rules and statutory compliance regulations.
• Coordinating and enforcing with the various departments for compliance related work.
• Conducting verification of documents and transactions before uploading the data to ensure accuracy and compliance to accounting guidelines.
• Ensuring data security / compliance to code of conduct within team.
• Providing training and support to team members on the SAP system and resolve queries.
• Co-ordinating and enforcing with the various departments for compliance related work.
• Reinforcing a strong commercial process / procedure for better tax compliance.