Indirect Tax Accounts Executive

Job Description: Indirect Tax Accounts Executive

Position: Indirect Tax Accounts Executive

Location: Bangalore

Department: Finance & Accounts

Reports to: Finance Manager

Key Responsibilities:

1. Prepare & File GST returns in a timely manner

2. Reconcile GST Liabilities with accounting records and GST portal.

3. Handle GST input tax credit reconciliations and ensure proper documentation.

4. Assist in GST audits and assessments, providing necessary documentation and explanations.

5. Record and maintain accurate indirect tax transactions in SAP B1.

6. Ensure proper classifications and accounting of transactions related to indirect taxes.

7. Prepare monthly / quarterly tax reconciliations and reports.

8. Keep up to date with changes in tax laws and regulations, and assess their impact on the organisation.

9. Assist in preparing statutory financial statements with a focus on indirect tax compliance.

10. Utilize SAP B1 for recording and reporting tax transactions.

11. Develop and maintain Excel spreadsheets for detailed analysis and reconciliation of tax data.

12. Generate reports and perform data analysis using excel functions and formulas.

13. Liaise with internal departments (eg. Sale & Procurement) to ensure proper tax treatment of transactions.

14. Collaborate with external consultants and tax advisor for complex tax issue and litigation.

Technical Skills:

Proficiency in SAP Business one for financial and tax management.

Advanced Excel skills.

Strong Understanding of Indian GST laws & regulations.

Soft skills

Excellent analytical and problem solving abilities.

Strong attention to detail and accuracy.

Good communication and interpersonal skills.

Ability to work independently and as part of a team