19 Apr 2024
lBgb
Assistant Manager- Taxation, 1 to 4 years in Mumbai
Incorp Advisory Services
Mumbai
3-4 Years
accounting & taxation, Direct Tax, GST, Direct&Indirect Taxation
Job Description
Position: Assistant Manager- Taxation
Qualification: CA
Experience: 1 to 4 years
Location: Mumbai
Job description
Qualification: CA
Experience: 1 to 4 years
Location: Mumbai
Job description
Accounts:
1. Basic knowledge of Accounting standards for preparation and review of accounts.
2. Sound knowledge of accounting software especially Tally.
3. Undertake independent financial audits (an independent check of an Organization\'s financial position) and preparation of MIS reports on monthly/quarterly basis as required.
4. Liaising with clients.
5. Liaise with internal and external auditors (where applicable) and deal with any financial irregularities as they arise.
Direct and Indirect Tax:
1. Preparation and filing of accurate and timely tax returns (direct and indirect tax), tax audits for individuals, businesses, and other entities.
2. Ensure compliance with local, state, and central tax laws and regulations.
3. Stay updated on changes in tax codes (direct and indirect tax) and update clients on relevant amendments.
4. Routine compliances w.r.t Indirect Tax and-Implementation support to existing direct tax clients on GST issue.
5. To support clients in implementing GST reconciliation, undertake GST impact analysis, manage compliances under GST and identify transition issues.
6. GST reconciliation alignment with Income Tax for audit.
7. Develop and implement tax-efficient strategies to minimize clients\' tax liabilities. Provide proactive advice on tax planning opportunities and potential risks.
8. Conduct thorough research on tax issues to provide informed recommendations. Address client inquiries regarding tax matters and explain complex tax concepts in a clear and understandable manner.
9. Communicate/collaborate with clients to understand their financial goals/business models and provide personalized tax advice/tailored indirect tax advice.
10. Analyze financial statements and records to identify tax optimization opportunities.
11. Represent clients during direct/indirect tax notices. Collaborate with tax authorities to resolve issues and disputes.
12. Maintain accurate and organized documentation of tax-related records.
Qualifications:
- Certified Chartered Accountant (CA) designation.
- In-depth knowledge of tax laws, regulations, and accounting principles.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Attention to detail and high levels of accuracy.
- Ability to work independently and collaboratively with a team.
Experience:
- Previous experience in accounts and tax-related roles, preferably in public accounting or a tax advisory firm for 1-3 years.
- Familiarity with accounting software (preferably tally) and tax software (preferably winman)