Tax Analyst-Direct Tax, 1 to 4 years in Mumbai

Job Description

• Support in all necessary and applicable direct tax and Transfer Pricing compliances of the Company and its group companies in India.
• Ensuring timely and accurate completion of:
• Income Tax Audit & Transfer Pricing audit required under the local Income-tax Laws and coordination with the Auditors.
• Preparation of tax computation and annual Income tax Return filings.
• Preparation of quarterly Advance Tax workings and payment of tax.
• Filing of quarterly withholding tax returns and Tax Collected at Source returns.
• Filings of forms for claiming deductions and tax credits under the local Income-tax Laws.
• Filing of statement of Specified Financial Transactions (Form 61A)
• Providing data to CA and coordinating with CA or issuance of Form 15 CB and thereafter filing of Form 15CA.
• Transaction analysis for identifying TDS and tax implications - both domestic and international tax.
• Ensuring timely issuance of TDS/TCS certificates.

• Assistance and support in tax related work during Annual Accounts Finalization including liasioning with statutory auditors for tax accounts / disclosure in Financials. Correct accounting & reporting of tax charges including assets / liabilities in the Financial Statements, Tax GL Reconciliations, preparation of draft tax computation and deferred tax working including Deferred Tax Accounting, Effective Tax Rate Reconciliation.
• Collaborate with inter-department & intra-department for completion of tax provisioning, obtaining information, etc.

• Handling tax assessments including litigation matters in coordination with internal & external stakeholders – preparation / data collation for timely response to various notices, manage & maintain company’s tax data base, keeping track of changes in tax laws.
• Preparation/updation of year wise tax assessment status.

• Quarterly reconciliation of Tax accounts.
• Preparation of cash tax forecast.
• Preparing Forms for group entities for claiming beneficial withholding tax rates.
• Response to the tax queries raised by internal departments of the Company.
• Any other tax related assistance as may be required from time to time.

• Chartered Accountant with 2-3 years’ work experience in the direct tax domain.
• Candidate should be well conversant with usage of MS office applications and Oracle.
• Candidate should have sound knowledge of accounting.
• Candidate should have good presentation and communication skills.