Requisition Id : R-1164645
Role Title : Sr. Manager Taxation – Direct Tax
Work Level : 2C
Work Location : Mumbai - HO
Responsible for Direct Tax matters in the country under the accountability of the Tax Director. Key tax matters include tax risk management, local tax planning initiatives in line with Global guidelines to optimise Unilever's direct tax position, impact assessment & implementation of legislative changes, tax advocacy, transfer pricing, business partnering on direct tax implications of business decisions, driving strategy for audit and controversy, supporting lateral teams on tax compliance and making informed decisions on tax positions.
Key accountabilities
The Tax Manager Has The Following Areas Of Responsibility
- Business advisory and project management
- Litigation management and exposure reduction
- Risk management and tax reporting
- Compliance co-ordination with Tax Operations and branch tax teams for return & compliances
- Support the Tax Director in planning and lobbying with industry forums and representations to the Policy makers
- Update on changes in legislations relevant to business
- Tax digitization
- Business advisory and project management :
Advises the business on the direct tax impact of business decisions and day-to-day actions. Provide business (decision) support to the HUL divisions, branches, factories, 2P & 3P units, Sales & marketing team. Represents tax in the country / MCO finance function, building relationships with key stakeholders in the business and in finance. Executes projects concerning tax planning and takes initiatives for new innovative projects in the countries, in line with Global policy and specified project goals, in order to realize their timely realisation.
Activities
Business partner to the business finance & team and Legal dept. advising on the direct tax impact of business strategy, transactions and decisionsTakes initiatives for projects concerning (local) tax optimisation in the countryImplements global and regional projects in the country including country M&ALitigation management and Exposure ReductionThe direct tax Manager is responsible for country tax audits and internal compliance reviews. This includes managing relationship with the tax authorities, informing stakeholders on emerging issues and developments therein.
Activities
Prepare and file high quality replies to Show cause notices, demand notices, appealsDrafting high quality briefs for opinion on key areas and signing off on ambiguous tax positionsKeep stakeholders in business and tax informed on audit developmentsActs as country contact for Interaction with tax authoritiesInterface with external tax advisors on discussing litigation strategy and responsesKeep an updated litigation tracker and set goals and strategy for reduction in key exposures and disputed amountsRisk Management and reportingThe Tax Manager supports the proper assessments of current and future risks and formulation and implementation of appropriate policies and procedures in country.
Activities
Monitors & reports on contingent tax issues to internal stakeholdersProvides technical expertise and documentation to ensure accurate tax booking / accounting for tax provisionsRegular review and inform on judicial precedents on issues under litigation for the companyPrepares periodic status update for audit committee review and senior managementCompliance co-ordinationVarious compliances are required under the current regime including tax audits, transfer pricing compliance, corporate tax return filing and other compliances. The Senior Manager is responsible for co-ordination with Tax Operations team and branch teams to collectively ensure compliance.
Activities
Responsibility for proactively advising Tax Operations team on changes in law etcResponsibility for driving correct processes / SOPs and documentation for tax positions impacting complianceCo-ordination with tax operations and branch teams for periodic health checksResponsibility for making representations for compliance related issues with jurisdictional authorities in co-ordination with tax operations teamTax advocacy / representations :Activities
High quality representations in consultation with business stakeholders and legal team on changes in legislationExternal benchmarking on industry issuesChanges in LawResponsible to act as a gatekeeper for all changes in law impacting tax positions adopted and tax compliance framework
Activities
Proactively analyses the impact of changes in domestic rules and advises on value creation opportunities.Highlights changes in legislation that could cause changes in compliance and disseminate to tax operations, branch team and other stakeholdersTrack and analyse judicial precedents for issues relevant to company's business model and processes.Track and analyse judicial precedents relevant to litigation matters provided for and under contingent liabilityTechnology :Drive Tax technology and adoption in areas of compliance, analytics and risk management
Key KPI's
Timely advice to business divisionsGovernance around provisions and contingent liabilityAccuracy of complianceReduction in disputed tax amountsDemonstration of expertise and updated knowledge of current tax landscapeKey Skills and values
IntegrityDecision makingProject managementBias for actionSimplicity in communicationQualifications
CA / Lawyer with work experience with consulting and / or leading multinational organizations. Relevant work experience of 12 years plus
All official offers from Unilever are issued only via our Applicant Tracking System (ATS). Offers from individuals or unofficial sources may be fraudulent - please verify before proceeding
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Skills Required
Tax Risk Management, Litigation Management, Tax Compliance, Project Management, Transfer Pricing, tax reporting , impact assessment, Risk Management