About the company
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What's in it for YOU
- SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
- Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
- Dynamic, Inclusive and Diverse team culture
- Gender Neutral Policy
- Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
- Commitment to the overall development of an employee through comprehensive learning & development framework
Role Purpose
The role is responsible for indirect tax compliances (viz. tax payments, Return filings etc.), compilation of data for audits, assessments, disputes / litigations, tax reconciliations etc.
Role Accountability
Ensure all indirect tax compliances across India which broadly includes the following :Coordinate with various functions for input data
Analyze the data and obtain clarification from stakeholders as requiredPrepare tax computationsIncome / Expense to tax and GL ReconciliationsReview and payment of taxesReview of periodic indirect tax returns backed up with requisite data, reconciliationManage filling of GST returns for all registrations including GSTR 9 and 9 CSupervise the process of preparation of monthly Cenvat credit register (ensuring compliance to eligibility criteria set in Cenvat Credit Rules)Manage coordination of work such as arranging data, invoices, agreements, payment dates etc.Prepare and review reconciliations on taxes Turnover as per GST returns with Turnover in the books of accounts, review of calculation of GST working and returns ensuring tax as per Vision Plus is in-line with the income leviedPrepare data required in any proceeding, enquiry, litigation etc.Ensure invoices on which GST credit is taken by the company have been reported by the vendors to the GST AuthoritiesManage inter branch invoicingManage issuance of invoices for Interchange (VISA, MC and RuPay) to all the banks on a monthly basis and their reporting on GST portal and reconciliation with booksReview tax positions and making sure that they are inline with newly introduced GST lawAssist in audits (Quarterly Internal Audit, CAG audit, Statutory Audit, RBI Audit, Limited reviews, Service Tax audits, etc.)Support appeals and other legal recourses arising from disputed audits, assessments and subsequent appellate proceedings, drafting and vet appeals prepared by law firms to be filed before Appellate authorities on behalf of the company drafting of replies to be filed before tax authoritiesAssist management / tax driven projects & related requirements from tax perspective Work with cross-functional team (marketing, finance etc.) for transactional support on new product and business development activitiesPost and approve necessary tax entries in OracleEnsure registration under the custom laws are in place and renewed regularly and compliance with custom procedures as and when imports are being doneSupervise indirect tax related balance sheet accountsReview and analyze tax triggers in IT systemsMonitor vendor management viz. vendor enrollment and payment of bills etc.Supervise ASP / GSP implementation for GST compliances and related integration with GST portalUndertake compliances under the erstwhile tax laws and assisting Tax Authorities in completing tax assessments under those lawsPerform process documentation and compliance adherenceMeasures of Success
Compliance for all the deposits & filings with zero missesEnsure minimal escalationsReports with minimal objectionsReduction in number of disputes & refundsFavorable order and timely appearanceImplementation of projects within timelines, budget, and quality of deliverablesTimely replies to all queries, notices etc.Timely and accurate updation of process documentationProcess Adherence as per MOUTechnical Skills / Experience / Certifications
Understanding of Tax Laws & accountingExpertise in MS Office toolsKnowledge of Financial AnalyticsUnderstanding of Automation and AIKnowledge of IT systems used in financial sector business (Vision PLUS etc.) will be an added advantageCompetencies critical to the role
Analytical skillsProcess orientationStakeholder ManagementDetail Orientation - Quantitative skillsQualification
CA
Preferred Industry
FSI
