Officer - Indirect Taxation (Third Party Contract)

Job Description:

Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies.

The L&T Group comprises of 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.

This position will be offered on a third-party contractual employment basis.

Job Location: Powai, Mumbai

Working Model: Work from office

Operating Model: 6 days (2nd and 4th Saturday off)

Educational Qualifications: Graduate

Experience: 3-6 years of experience in GST Compliance & Indirect Taxation.

Role Summary:

Responsible for assisting in Monthly GST compliance, reconciliations, tax accounting, audit support, vendor compliance monitoring.

Key Responsibilities:

• Support in preparation of GSTR-1, GSTR-3B, ISD Returns, and Annual Returns.
• Scrutiny of SAP GST reports and rectification of GST-related accounting entries.
• Support for taking action in Invoice Management System (IMS), GSTR-2A/2B, e-Invoice, ITC, RCM, TDS and GL reconciliations.
• Preparation of RCM self-invoices, challans, common ITC workings, 180-day compliance workings and state-wise GST workings.
• Execution of GST accounting activities including JVs, clearing entries, ITC/output liability accounting and Data Centre (DC) entries.
• Handling vendor compliance activities including vendor blocking/unblocking and e-invoice status reviews.
• Preparation of TB vs GST reconciliations.
• Cash ledger reviews and return generation through IRIS.
• Support for Statutory Audit, Internal Audit, Department Audit, Cost Audit, ICFR.
• Ensuring compliance through iCompliance, IRIS marking, process controls and continuous process improvement initiatives.