Direct Tax- Manager

  • Navi Mumbai
  • Reliance Retail
Brief about Role : Candidate to ensure that direct tax operations comply with Income tax legislations and the group’s norms and standards within the framework of the objectives defined by the Group Finance and Central tax team. Desired qualification: CA with 7 to 8 years of post-qualification experience in Big4s or with large MNCs from FMCG or similar sectors. Roles and Responsibilities : Ø Candidate should be well versed with the Income Tax Act, Double Taxation Avoidance Agreements (treaties). Basic knowledge of Transfer Pricing provisions & rules will be an added advantage Ø Should liaise with the government authorities and ensure compliance to statutory / regulatory requirements. Ø Should be in a position to handle the Tax Audit and file tax returns independently. Ø Review and co-ordinate details for tax filing, tax computations, tax audits and other tax compliances Ø Preparing and reviewing the details for scrutiny assessments and representing before assessing authorities Ø Drafting requisite submissions for filing before tax authorities and timely replying to notices Ø Collate and review data for tax appeals at various appellate stages Ø Interface with various other departments and group companies for tax matters Ø Interact with auditors and advisors to resolve their queries on tax matters Ø Briefing to Counsel/Sr. Counsels before the hearing Ø Draft and follow up for lower withholding tax orders. Ø Prepare and follow up for Tax Residency Certificate Ø Review the advance tax working on quarterly basis. Ø Review of draft agreements and suggest optimal tax structure. Ø Advise on applicability of withholding tax on domestic transaction. Ø Follow-up on status of Income Tax assessment, tax refunds, Order giving effect and filing of rectification applications. Ø Review and update the tax status charts and contingent liability chart regularly. Ø Keeping track of all notices, hearings and update notice register. Ø Drafting appeals before CIT(A), ITAT, High Court & Supreme Court Ø Update teams on recent changes in the law and keep himself/herself updated with recent judicial pronouncements at various courts. Requisite Skills : - Should have strong exposure to Direct Tax compliance. - In depth experience in handling yearly tax assessments, Co-ordinating with AO for refunds, Order giving Effects, passing rectification order etc. - Technically strong with solid knowledge and experience in India corporate tax compliance - Demonstrate strong interpersonal, communication and presentation skills - Strong analytical and problem-solving skills and meticulous in his/her work. - Possess good business acumen and highly adaptive - Proactive, resourceful and hands-on with good initiative - Independent worker who is able to work well with minimal supervision - Fast worker with ability to work well under complexities and under pressure situation.