Job Description

Department:

Finance & Accounts

Location:

Mumbai

Reporting To:

Accounting Manager/Financial Manager

Job Summary:

The Direct Tax Accountant is responsible for managing all direct tax-related compliance, assessment, and reporting activities. This role ensures accurate calculation, filing, and payment of income tax, TDS, and other statutory obligations in accordance with prevailing tax laws.

Key Responsibilities:

1. Direct Tax Compliance

Prepare and file income tax returns for individuals, firms, and companies. Compute advance tax and ensure timely payment. Handle quarterly and annual TDS (Tax Deducted at Source) return filings (Form 24Q, 26Q, etc.). Verify TDS deductions and reconcile with Form 26AS. Ensure compliance with all direct tax deadlines and statutory requirements.

2. Assessments and Audits

Assist in preparation and submission of documents for income tax assessments, scrutiny, and appeals. Coordinate with statutory and tax auditors during audits. Prepare supporting schedules and reconciliations for tax audits (Form 3CD, etc.).

3. Tax Planning and Advisory

Support in year-end tax provisions and deferred tax calculations. Identify opportunities for tax savings within the legal framework. Keep updated with changes in Income Tax laws, notifications, and circulars.

4. MIS and Reporting

Maintain records of all tax filings and communications with authorities. Prepare monthly, quarterly, and annual tax reports for management. Support in preparation of financial statements from a tax perspective.

5. Liaison and Coordination

Interact with external consultants, Chartered Accountants, and tax authorities. Handle responses to notices or queries from the Income Tax Department.

Qualifications & Skills:

Education:

B.Com / M.Com / CA Inter / MBA (Finance)

Experience:

2-10 years of experience in direct taxation and 4-10 years in accounting

Technical Skills:

Strong knowledge of Income Tax Act, TDS provisions, and related compliances Proficiency in MS Excel and accounting software (Tally, SAP, or similar) Experience in using Income Tax utilities, TRACES, and e-filing portal

Soft Skills:

Strong analytical and problem-solving skills Attention to detail and accuracy Good communication and coordination abilities

Preferred Experience:

Experience in handling tax computations for multiple entities. Exposure to transfer pricing or international taxation (added advantage). Prior experience in dealing with tax assessments or departmental notices.
Job Type: Full-time

Pay: ₹30,000.00 - ₹40,000.00 per month

Work Location: In person