Purpose of Position - Manger Taxation in Finance organization, GVR India
- GVR India is seeking a Manager Taxation to lead the tax related responsibilities at Mumbai location.
- Reporting to the Financial Controller, he / she will be responsible the tax compliances of the Company - direct, indirect, transfer pricing, litigation and export regulations.
- The incumbent will oversee all preparations and support for the accounting and reporting for taxes, audits and assessmentsforstatutory and group reporting.
- It is expected that he / she provides strategic inputs for tax planning and positioning in India markets.
- The tax lead will have future opportunities to take on expanded leadership roles within the GVR and / or Vontier organization.
Key Responsibilities :
The role and responsibilities will include :
Tax compliance :
Oversee the accurate calculation and timely payment of taxes.Filing of various tax returns and forms.Ensure compliance with the tax laws, both existing and changes - direct and indirect (income tax, GST)Accounting of the abovesaid taxes in the applicable GAAP.Prepare and review tax provisions and other disclosures for financial reporting.Tax reporting to GVR / Vontier Corp for group reporting.Tax audits and assessments.Handle all inquiries from tax authorities and auditsOversee the preparation of documents and supporting to be submitted.Respond to queries and prepare for tax audits and assessments.Work with the controlling and FP&A team to report risk, contingent liabilities and countermeasure the same.Tax planning and strategy :
Develop and implement strategies to optimise tax liability of the Company.Undertake analysis to support business decisions-making.Collaborate with the broader finance and business teams to align tax planning and strategy to business goals.Monitor changes in tax laws and regulations to escalate risks and opportunities.Business advisory and partnering :Provide tax advice to management and stakeholders for transactions and operations.Oversee the inter-company set up of global COE.Other tax related :
Compliance to transfer pricing rules, both local and GVR / Vontier requirements and ensuring arms-length pricing, billing and recovery across business areasKnowledge of foreign trade laws, EXIM, FEMA and GCC / COE and EOU set-up is required.Controls and compliance - maintaining track of compliance, litigation matters and escalating the same.Provide support to HR on employee payroll taxes including employee TDS deduction.Others :
Work closely with advisors and consultants for optimising Company taxation.Tax-related assistance in mergers, acquisition and other Corporate projects of Vontier / GVR processes.Practice Vontier Business Systems VBS by identify and drive continuous improvements through Kaizen.Qualifications requirements :
To be a good fit for this opportunity you will have :
Chartered Accountant with eight-twelve years of overall experience in finance, accounting or controlling with at least five years in taxation : direct, indirect.Transfer pricing and assessments / litigation :
Should be well conversant with tax laws, changes and new developments.Experience in manufacturing set-up and MNC background.Exposure to plant accounting, costing, FP&A, and other areas of finance will be considered an added advantage.Knowledge of ERP and reporting systems (preferably, SAP and Hyperion) will be considered an added advantage.Should demonstrate strong financial acumen, critical thinking, problem-solving thinking skills and the ability to make decisions.Highly analytical, data and detail-oriented with ability to make decisions and work autonomously.Advanced Excel skills, command over MS Office applications and affinity to make presentations, as and when required.Strong compliance orientation to Vontier core value, tax laws, GAAP requirements, policies, SOX requirements.Excellent communication and people skills, ability to interact effectively with diverse levels and functions and build solid-long term relationships.Experience of managing teams with proven record in employee engagement.Effective oral and written communication skills, including the ability correspond with consultants and tax to convey technical financial information to non-financial Reports to India Finance Director.Manage a team of internal and external tax resources including advisors and consultants.Strong working relationship with segment heads and cross functional teams.Close interface with factory, business and COE teams at various levels.Interface with other Corp GVR / Vontier and other Inter-Companies, as required.Personal Trait Profile :
Accountable : Ability to prioritise, work under pressure and deliver on commitments.Collaborative : Strong collaborator and working together to achieve common purpose.Agile and pioneering : Self-aware and strong learning agility with a proactive mindset to ensure continuous growth.Customer-driven : Understand customers and stakeholder requirements, set high standards and deliver to exceed their expectations.Integrity : High personal integrity and operate in line with Vontier's Standards of Conduct.Inclusiveness : Value each stakeholder and ensure growth for all.Measures of Performance :
Reporting deliverables which are time-based and error-free.Achieving accounting KPIs.Ensuring processes, systems, and risk management to meet control and compliance requirements.Reviews and audits without adverse comments and action-items to address findings.Collaboration and support to business.Team building and development.Continuous improvement in processes.Education & Experience :
Total Experience in years : 8+
Graduation / Degree : Bachelors / Graduate
Post-Graduation / PGDM : CA
Mandatory Certifications Required : NA
Background and Skills - already elaborated :
AccountabilityTime managementAdaptabilityCreativityStrategic, tacticalDecision-makingProblem-solvingConflict resolutionOut of box ThinkingMentorship :
Team buildingDelegationTeam managementTraining and developmentMotivationInclusion and growth(ref : iimjobs.com)