Position Name: Manager - Indirect Taxation

Reporting to: Lead- Indirect Taxation

Qualification: Chartered Accountant

Expereience: 3 to 5 Yrs Post CA Qualification

Business Unit: Central Finance

Function: Indirect Taxation 

Location: NHQ- Ghansoli, Navi Mumbai

Job Purpose-

The Manager is responsible for overseeing and managing various aspects of indirect tax compliance and advisory activities within the organization. This role plays a pivotal part in ensuring compliance with indirect tax regulations, optimizing tax planning strategies, and contributing to the achievement of strategic business objectives

Key Responsibilities-

• Assist in devising taxation strategies based on the organization's financial objectives, challenges, and business drivers to identify potential tax savings and risks.
• Support the implementation of indirect tax requirements for existing and new programs/products in internal systems.
• Stay updated with financial and legislative changes impacting the business and provide relevant inputs to stakeholders.
• Review and reconcile revenue, purchase, output GST, and input GST with financials. Communicate tax-related updates, case laws, circulars, and changes to management and provide guidance on indirect tax legislation.
• Assist in advocacy efforts with industry bodies, government, and other stakeholders regarding proposed changes in tax laws and industry issues.
• Provide tax advice to internal stakeholders on various matters, including vetting agreements, contracts, proposals, and invoices.
• Assist in monitoring GST registrations, updating as needed, and ensuring adherence to indirect tax policies.
• Support the collection, preparation, and collation of required data for tax and statutory audit authorities.
• Contribute to the preparation of tax payments as per the defined schedule and assist in tax forecast predictions.
• Liaise with customs, GST, excise, VAT, and local tax authorities as required.
• Assist in reviewing and monitoring VAT and GST on import of services, returns, and payments. Support initiatives for automation of filing processes and billing formats to minimize manual intervention.
• Ensure compliance with indirect tax regulations through regular reviews, monitoring, and awareness initiatives.
• Coordinate with external advisors on various indirect tax matters..
• Attend meetings with tax authorities and auditors, addressing queries and clarifications raised. Assist in managing appeals and legal proceedings arising from disputed audits, assessments, and appellate proceedings

Key Performance Indicators-

• Compliance with GST, customs, and EXIM regulations.
• Error penalties due to late filings.
• Timeliness and accuracy of tax returns.
• Audit completion and outcomes.
• Reduction in disputes & refunds.
• Tax optimization initiatives.

Functional Competencies-

• Financial acumen.
• Tax planning and compliance.
• Data analysis and reconciliation.
• Knowledge of indirect tax laws and regulations.
• Legal proceedings and appeals management.

Behavioral Competencies-

• Leadership skills.
• Excellent communication and interpersonal skills.
• Problem-solving abilities.
• Team management capabilities.
• Attention to detail and accuracy