Senior Executive - Taxation

Job Description for Taxation Senior Executive (Direct & Indirect)

Job location: Mumbai

Reporting to: AM - Taxation

Key purpose of the job: The Taxation Executive oversees all aspects of the organization's tax compliance, planning, and reporting. This position is responsible for ensuring that the organization complies with all applicable tax laws and regulations while minimizing tax liabilities. The Taxation Executive will develop and implement tax strategies to optimize the organization's financial performance and mitigate risks associated with taxation.

Key Accountabilities/ Responsibilities

• Tax Compliance:

• Preparing timely and accurate information required for tax returns, including income tax, GST, and other relevant taxes.
• Stay updated on changes in tax laws and regulations and ensure the organization's compliance with all applicable tax requirements.
• Coordinate with external auditors and tax advisors to address any tax-related inquiries or audits.
• Support in tax assessments of all group companies, must be aware about the Tax Assessment frameworks (Appeal, CIT Appeal, ITAT Appeals etc.)
• Tax Planning:

• Understand the tax strategies and work to minimize the organization's tax liabilities while maintaining compliance with relevant laws and regulations.
• Support in providing sufficient information to analyze the potential tax implications of business decisions.
• Ability to identify opportunities for tax savings and efficiency improvements will be an added advantage.
• Risk Management:

• Act as important team member to Implement internal controls and procedures to ensure compliance with tax laws and regulations and mitigate potential tax-related risks.
• Tax Research and Analysis:

• Conduct research on complex tax issues, including new legislation, rulings, and regulations, to assess their impact on the organization.
• Cross-Functional Collaboration:

• Collaborate with internal stakeholders, including finance, legal, and operations teams, to ensure alignment of tax requirements.
• CA Inter, B-Comm,
• 5-6 years of experience
• Adjustable to business requirements & accounting processes.
• Knowledge of SAP/ERP system
• Extremely strong fundamentals in accounting
• Excellent multi-tasking skills
• Good written & oral communication skills
• Team-orientation with an ability to work on multiple projects simultaneously