Tax Associate--India Market

Position Summary for Tax Associate

The Tax Associate will play a crucial role in ensuring the company's compliance with all

Indian direct and indirect tax laws, with a specific emphasis on managing and documenting

the tax implications of intercompany transactions under the cost-plus model. This role

requires meticulous attention to detail, strong analytical skills, and a solid understanding

of Indian Income Tax and GST laws.

Key Responsibilities

• Transfer Pricing (TP) Compliance: Assist in the preparation and review of transfer

pricing documentation, including the local file and master file, in line with Indian TP

regulations along with Benchmarking studies

• Intercompany Transaction Analysis: Conduct functional, industry, and economic

analyses, specifically focusing on the application of the Cost-Plus Method (CPM) to

support arm's length pricing for intercompany services/goods.

• Tax Zones: Knowledge of key Policies Tax Zones and related compliance

around SEZ, STPI, DTA inwards of Goods & Services; Outwards supply of IT & IT

Enabled services.

• Tax Return Preparation & Filing: Prepare and assist in the timely and accurate filing

of all direct tax (Income Tax) and indirect tax (GST) returns.

• Audit Support & Litigation: Support tax audits and assessments by gathering

necessary financial documentation, preparing technical submissions, and

responding to inquiries from tax authorities (e.g., Income Tax Department, GST

authorities).

• Documentation & Record Keeping: Maintain accurate and organized records of all

tax-related documentation, financial data, and intercompany agreements to ensure

audit-readiness.

• Collaboration: Coordinate closely with the finance, accounting, and global tax

teams to ensure consistency in tax reporting and the integration of tax planning

strategies.

Required Qualifications & Skills

• Education: Bachelor's degree in Accounting, Finance, or Commerce (B.Com) is

required. A professional certification will be added advantage.

• Experience: [4 - 6] years of relevant experience in a corporate tax department or

public accounting firm, with exposure to transfer pricing and international taxation

preferred.

• Technical Skills:

o In-depth knowledge of Indian Income Tax Act, GST regulations, and Transfer

Pricing laws.

o Proficiency in Microsoft Office Suite, especially advanced Excel skills for data

analysis and reporting.

o Familiarity with accounting software – Oracle Fusion.

• Soft Skills:

o Strong analytical and problem-solving abilities.

o Excellent written and verbal communication skills.

o High attention to detail and strong organizational skills.

o Ability to manage multiple tasks, prioritize effectively, and meet strict

deadlines.