Manager Taxation
V-Guard
Job Description
Overall Roles & Responsibilities As Manager-Taxation, you will play a Lead role in the taxation (Direct & Indirect) function in terms of taxation planning, advisory and payment of taxation liability. Ensure adherence to all applicable statutory / regulatory requirements in all departmental activities. Implement efficiencies in tax process and coordinate / manage tax authorities This role demands relevant knowledge & experience in accounting and taxation including handling litigation with taxation authorities and hands on experience in Tax planning activities Tax strategy and planning ⢠Focus proactively on tax planning activities and ensure timely & accurate filing of statutory returns, reply to statutory authorities and completion of tax assessments ⢠Provide internal tax advisory services and support various business departments / Business Partners (BPās) about tax implication and ways to optimize the tax ⢠Evaluate and monitor proposed tax holiday units and provide inputs on required additional capacity vs. shift in existing capacity, so as to avail tax benefits ⢠Ensure all Import/Export benefits covered under Foreign Trade Policy (FTP) are availed at the time of Import/Export of Raw Materials/Products ⢠Analyze and vet new business proposals/agreements/contracts with respect to tax laws in coordination with business departments / BPās ⢠Meeting with various senior counsels / consultants and briefing about case and obtaining opinion, if required ⢠Inform senior management about changes in law and its consequences particularly on the business ⢠Establish appropriate system / processes for tax risk management for VGIL ⢠Manage external tax authorities and consultants locally and regionally ⢠Ensure adequate systems are in place and adopt best in class industry practices on tax compliance ⢠Monitor and respond to issues / queries raised by the internal / external tax auditors ⢠M&A ā Provide inputs on deal structuring, financing etc. from a tax perspective with the overall objective to optimize the tax impact on the proposed deal Computation & Payment of Taxes and Compliance ⢠Responsible for overall control over tax payment (both direct and indirect taxes) and ensure timely and correct payment of taxes ⢠Review tax calculations, estimates and reports accruals and partner with CRSA, Legal, Business and Operations Teams ⢠Supervise / manage tax compliance, reporting, and filing works for the group ⢠Act as the key point of contact/support for local and regional taxation matters ⢠Improve efficiencies in tax processes with the objective of optimizing tax liabilities thereby improving department / organization performance ⢠Review / approve MIS reporting on tax matters and share with management Qualifications / Knowledge / Skills Requires Ā· CA with 7 to 10 years of relevant experience Ā· Experience in Direct / Indirect tax related roles Ā· Experience in working on SAP preferred Ā· Strong stakeholder management and risk evaluation experience