- Finalization of Tax Computation, Return of Income, TDS returns, GST Compliance
- Handling Tax Assessments, Transfer Pricing Assessment & Appeals
- Handling all Direct, International and Indirect Tax related Compliances
- Handling Transfer Pricing, APA, AAR
- Handling Tax compliance of Group Entities
- Supporting Sub Region entities on Tax compliance and Group reporting
- Advising business of applicability of Taxes on transactions
- Lead Team including qualified CA.
- Ability to understand Tax rules of Sub Region Countries (Sri Lanka & Bangladesh)
SPECIFIC RESPONSIBILITES:
- Direct and international Taxation
- Ensure of Timely and correct Group reporting related to Tax accounting
- Ensure to comply with all Corporate Tax & TDS returns & payment of taxes within due dates
- Handling Tax Assessment, Transfer Pricing Assessment, APA, MAP, AAR, POEM, SEP for SGS India and Group Entities in India
- Advising business of Foreign WHT applicability on international business including to minimize losses to business on account of Foreign WHT
- Advising management for Tax matters on complex business transaction including for Merger-demerger
- Foreign WHT Compliance of Group Entities
- Compliance of 15CA-CB and maintaining relevant Tax documents for future assessment
- Ensuring compliance of Master filing and CbCR for SGS India and for Group entities in India
- Ensuring Tax compliance of Expat in India
- Supporting HR on Salary Taxation
- Preparation of computation of Income on quarterly basis for Advance Tax & Dividend payout
- Compiling the details for Income tax scrutiny assessment and also for appellate proceedings before CIT(A) & ITAT.
- Keeping self up to date on recent development in economy and in Tax (including international taxes-OECD)
Indirect Taxes:
- Ensure timely and effective compliance of GSTR1, 3B and 9,9C.
- Supporting and taking active participation for Tax matters of Industry in common
- Ensure to minimize GST ITC loss by following monthly reconciliation and identifying Tax leakage in process of accounting, business model
- Understanding Business model and navigate Tax part of same in compliant manner
General:
- Ensure smooth Statutory (related to Tax part) /Tax/Group/Internal Audits without any adverse remarks.
- Ensure to reply all Tax notices within timeline
- Ability to understand ERP including changes required in same due to changes in Tax Laws
- Set up of SOP, Internal check, ICFOR for tax and ensuring to follow same including maintaining sufficient record for future reference.
- Ensure to maintain sufficient & relevant documents for future Tax assessment in structured manner with ease of retrieval
- Managing Tax Risk by identifying areas of tax savings
- Recording accounting entries to ensure that the GL balances are in line with the existing tax position.
- Tax Risk Management (open litigation) - regularly updating the file & database
- At all times, comply with SGS Code of Integrity and Professional Conduct.
- Background of commerce with sound knowledge of Income Tax Act, International Taxation
- Minimum qualification: Chartered Accountant
- Working knowledge of FEMA, Companies Act, Ind AS and IFRS
- 12-15 years of Experience in taxation and operating oracle/SAP
- Knowledge of Word, Outlook and knowledge of Excel - experience.
