Manager Indirect Taxation required in GurgaonEmployer: Naukri Premium - Employer Services
Industry: Banking, Broking, Financial Services
Salary: ₹ 11,00,000 - 18,00,000 P.A.
Job Summary (Role Summary)
Responsible for oversight, direction, and supervision of the day-to-day operations of Indirect Tax, supporting Regional Operations in line with Service Level Agreements and company’s key objectives.
Manage all aspects of company’s Indirect tax function requirements, management reporting and other processes delivered by India team and review saving possibilities, manage risks and increase compliance process efficiency.
The role involves direct responsibility for the compliances around Indirect Taxes and WHT reporting including advising management.
Assess Indirect Tax compliance and associated systems capabilities, identify weaknesses and implement appropriate controls, processes and procedures.
Manage and guide urgent and strategic business requests and provide advice on system requirements to ensure full Indirect Tax compliance.
Essential Duties and Responsibilities (Key Activities, maximum 5 activities)
Responsible for review of team operations, specialized transactions, and service quality.
Insure task assigned to the him/her per the regional responsibility matrix are completed.
This position has significant impact in managing Indirect tax services that improve effectiveness, efficiency, and controls.
Ensure all entities in the regions comply with their Indirect tax obligations and optimize tax costs
Providing support to the audit management team in relation to Indirect tax risks.
Preparing and presenting regular Indirect tax briefings
Timely registration for Indirect tax where appropriate
Advice with regard to the nature of Indirect tax records that must be maintained and the different remarks on your invoices to EC-customers
preparation and submission of Indirect tax returns, including national forms for Intra community supplies and statistic obligations.
Manage all aspects of Indirect tax refunds and be a centre of Excellence for all Indirect tax matters.
Direct and oversee of the preparation of timely, accurate monthly financial statements.
Direct preparation and review of work-papers for internal / external auditors.
Demonstrate expertise in assessing and responding to contractual, financial/accounting transactions, informational and customer service needs.
Define, implement and monitor standards and policies to ensure adherence to GAAP, IFRS, agreed global procedures, regional business requirements, statutory governmental regulations, and SOX requirements to minimize liability and risk.
Review process of preparing and reviewing monthly balance sheet reconciliations.
Direct process to ensure proper controls are in place for the team and direct efforts to ensure team productivity is measured, scored and communicated according to standards. Oversee resolution of discrepancies and advanced systems issues.
Maintain appropriate records suitable for research and internal or external audit in accordance with GAAP, SOX and SAS70 requirements.
To ensure process applied by India based regional accounting teams are consistent and conform to the global strategy.
Actively manage the business continuity.
2. REQUIRED SKILLS
Demonstrated experience in handling tax functioning/ tax knowledge pertaining preferably with multiple territories
Demonstrated experience in liasoning with the consultants and tax authorities,
Demonstrated experience in resource management (e.g. shift and capacity planning), team performance management, recruitment, and training.
Demonstrated knowledge and understanding of PeopleSoft or other enterprise financial systems and Microsoft Office.
Demonstrated knowledge of Generally Accepted Accounting Principles and practices as well as IFRS guidelines.
Demonstrated project management experience in organizing, planning and executing small to mid-scale projects.
Demonstrated experience in leading, motivating and developing people.