Role Summary
The Direct Tax Manager would be responsible for all the Direct Tax Matters including Compliances, Transfer Pricing, Accounting of Direct Taxes, Audits, Statutory Assessments, Planning, Restructuring, TransactionAnalysis, International Transactions, Due Diligence etc. The Direct Tax Manager will work with Businesses,
Cross Functional Teams within and outside Finance and other Tax Professionals / Service Providers in carryingout his / her responsibilities
Roles and Responsibility :
The following responsibilities will be applicable
Organization Objectives
- Monitor Legislative Changes in Tax laws that may impact Company's tax positions (past or present)including Tax Accounting Implications
- Monitor adherence to company's policies and building upon robust Tax Documentation / SOP's
- Monitor company's international transactions and transfer pricing policies and related documentation
- Act as the key facilitator for Tax & Risk Management and leveraging on Tax opportunities
- Advising Management for any Tax Optimisation measures and identification of gaps in the processes and mitigation thereof
Statutory / Accounting Compliances
Lead all the Statutory Compliances for the company as a whole with regard to Direct Tax Laws & Rules including Filings, Audits, Assessments, Certifications etc.Lead all Tax Audit and Transfer Pricing Audit ActivitiesResponsible for compilation of all relevant information for applicable audits and liaise with the respective Auditors as requiredManagement of litigations at various fora and liaison with service providers at all levelsResponsible for Accounting of Corporate / Deferred Taxes as per applicable GAAP requirementsOwnership of all the General Ledgers in ERP as relating to Direct TaxesCross Functional Coordination and Contribution
Extensive Communication with key Stakeholders across business functions (Accounting, Legal,Treasury, Supply Chain, Sourcing, Sales etc.)Guiding other functions by researching and interpreting various Tax laws and its application on operational mattersSharing of Best Practices across functions to achieve Organisation ObjectivesConducting knowledge sessions within Finance and Cross Functional TeamsRole Specific Competencies :
Excellent knowledge of Direct Tax Laws and concepts applicable to domestic and international transactions, Leading on all Tax Filings, Handling / Advising on all Direct Tax Litigations , Financial Reporting / Disclosure as pertaining to Direct Taxes, Guidance / Advising the Teams on Direct Tax,Matters etc.ref : iimjobs.com)