Indirect Tax Specialist

Position Overview:

We are seeking a knowledgeable and motivated GST Assistant Manager to join our finance team. The ideal candidate will have a strong understanding of Goods and Services Tax (GST) regulations and compliance requirements. The GST Assistant Manager will play a crucial role in ensuring the company& compliance with GST laws, optimizing GST processes, and providing valuable support to the finance department.

Responsibilities:

GST Compliance:

Ensure timely and accurate filing of GST returns, including GSTR-1, GSTR-3B, and annual returns.

Monitor changes in GST laws and regulations and implement necessary adjustments to ensure

compliance.

Conduct periodic GST audits to identify and rectify any discrepancies or non- compliance issues.

Conduct periodic GSTR 2A/2B reconciliations to identify and rectify potential loss of input tax credit.

Tax Planning and Optimization:

Analyze business transactions to identify opportunities for GST savings and optimization.

Collaborate with internal teams to structure transactions in a tax-efficient manner while ensuring

compliance with GST laws.

Assist in the implementation of tax planning strategies to minimize GST liabilities and maximize refunds.

Documentation and Record Keeping:

Maintain organized and up-to-date GST records, including invoices, returns, and other relevant

documents.

Develop and implement efficient systems for GST documentation and record-keeping to facilitate audits

and compliance.

GST Reporting and Analysis:

Prepare comprehensive GST reports and analyses for management review.

Provide insights and recommendations based on GST data analysis to support strategic decision-making.

Liaison with Tax Authorities:

Serve as the primary point of contact for GST-related inquiries and communications with tax

authorities.

Represent the company in GST audits, assessments, and other interactions with tax authorities.

Training and Education:

Conduct training sessions for internal stakeholders to enhance understanding of GST regulations and compliance requirements.

Stay informed about changes in GST laws and regulations and disseminate relevant information to the finance team and other departments as necessary.

Requirements:

.

• Proven experience in GST compliance and taxation, preferably in a similar role.

• In-depth knowledge of GST laws, regulations, and compliance requirements.

• Strong analytical skills with the ability to interpret complex tax regulations and analyze

transaction data.

• Excellent attention to detail and accuracy in data management and record-keeping.

• Proficiency in accounting software and MS Office applications, particularly Excel.

• Excellent communication and interpersonal skills, with the ability to effectively collaborate

with internal teams and communicate with external stakeholders.

• Strong organizational skills and the ability to manage multiple priorities in a fast-paced

environment.