KEY PURPOSE OF THE JOB (POSITION SUMMARY)

To ensure the compliance with Direct, Indirect tax and transfer pricing regulation, Managing tax litigation & assessments, timely filling of statutory retur

KEY RESULT AREAS

1 Developing and maintaining tax plans, compliance procedures and risk assessment frameworks, to ensure effective tax management. 2 Managing and overseeing the filing of regular tax returns, including income tax, GST, Transfer pricing and other direct or indirect taxes.
3
Collaborating with finance and accounting teams to ensure our tax strategies and policies are implemented accurately per national tax compliances.
4
Identifying, tracking and reporting any potential financial risks or issues and working closely with the accounting teams to implement appropriate solutions.

KEY FUNCTIONS & RESPONSIBILITIES

Please list your primary tasks & responsibilities that are specific to your position. Indicate an estimate of percent of work time spent on each - over the span of the year (it should not exceed 100%)

STRATEGIC

1
SAP report upgradation and maintenance basis latest amendment in Tax. Updation on recent amendments in Tax Laws.
2
Planning and implementation of new process based on recent developments and management requirement Training internal departments for executing the process implemented

OPERATIONAL

•
Conduct a thorough analysis of taxes to provide expert advice on tax planning and optimisation opportunities to ensure compliance with local regulations.
•
Coordinate and manage tax audits, inquiries and notices from tax authorities.
•
To ensure that monthly/yearly reconciliation on Output liability, ITC, RCM E-Invoice/Eway bill are prepared and reported.

•
To manage all the State wise GST compliance, Monthly and quarterly withholding tax return filling.
•
Manage the tax audit and transfer pricing audit and ensuring that returns are filled within due dates.
•
Maintain documentation and records related to tax filings, provisions and other tax-related activities.
•
Collaborate with other departments and teams, such as finance, legal and operations, to ensure alignment and coordination on tax matters.
•
Provide guidance and support to internal stakeholders on financial issues, including tax implications of business decisions and transactions.
•
Stay updated with changes in tax laws and regulations in India and proactively identify potential risks or opportunities for the organisation.
•
Foster a culture of tax compliance and awareness throughout the organisation, providing training and support as needed.
•
Ensuring compliance to international transfer pricing regulation.
•
Manage the state wise GST inquiries and ensuring all data as requested by authorities are submitted on time.

OPERATIONAL Cont..

DEVELOPMENTAL

To keep update on Income tax & GST.

OPERATING NETWORK

INTERNAL RELATIONSHIPS
S.No.
DEPARTMENT
PURPOSE OF THE INTERACTION
1
All Departments
Distribution of ITC reconciliation, Output liability reconcialition
EXTERNAL RELATIONSHIPS
S.No.
ENTITY
PURPOSE OF THE INTERACTION
1
Auditors
To Co-ordinate and Compile with Statutory requirement
2
Income tax
To ensure timely completion of Income Tax assessments
3
Hafele Group
Companies
To ensure related party transaction at Arm’s length price
4
Vendors
For work related to TDS certificate & and follow-up for GST return filing status

ROLE REQUIREMENT

1
ESSENTIAL QUALIFICATION
CA
2
PREFERRED QUALIFICATION
CA
3
CERTIFICATIONS (IF ANY)
4
EXPERIENCE
6 to 8 years of relevant experience in Tax Profile only specially in GST and International taxation.

5
AGE
>28 years
6
ADDITIONAL SKILLS:
Good with MS-Office, working experience on SAP is Must )
Analytical skills, Problem solving skills, Adaptability

COMPETENCIES