Job Description

AVP/Senior General Manager - Indirect & Direct Taxation - CA

We have been mandated for the below mentioned position by a large global conglomerate in Metal & Mining Business.

Position Name : AVP/Senior General Manager - Indirect & Direct Taxation

Department : CFD F&A

Location : Kolkata

Qualification : CA

Experience : 18- 25 Years

Job Purpose :

- To make strategic tax planning within the purview of tax laws, to supervise and efficiently handle the complete direct, indirect and international taxation matters (Transfer Pricing & Withholding Tax) of the company its associates and other entities including the tax compliances as per law and MIS reports.

Key Responsibilities :

1. Tax Planning

- To reduce effective tax liabilities / taxable income of units / projects

- To interpret the laws in favor of the company and to support the same by case laws, circulars etc.

- Ensure maximum tax deduction / exemptions are availed within the purview of law.

- Ensure proper documentation of foreign remittances to reduce TDS and Service Tax impact particularly where remittances are made net of Indian Taxes.

- To take strategic approach in assessment & appellate proceeding to ensure that tax deductions are properly documented in assessment orders. It ensures that completed assessments are not legally reopened.

2. Tax Audit & Other Certificates

- Ensure timely preparation and filing of various certificates e.g., Tax Audit Reports of units / projects, 80IA Certificates.

- Appointment of Big 4 firms for study of Transfer Pricing documentation / method and issue of TP Certificate.

- Ensure the maintenance of separate accounting records of tax holiday units based on transfer price determined in Transfer Pricing Certificate.

- Ensure appointments of different chartered accountants in income tax official web site, e-filing of certificates by those CAs and validation / approval of various certificates e-filed by different CAs.

- To adopt flexible approach in obtaining various reports from different CAs based on prevailing stand taken by the judicial authorities and stand taken by our assessing officers in assessment proceedings.

3. Statutory compliances of tax provisions

- Monitoring the preparation of IT Returns, its finalization and filing thereafter for Company and other Group companies.

- Ensuring compliance of statutory provisions under Income Tax, Excise Duty, VAT, Service Tax law and other related rules and regulations along with other allied Fiscal laws.

- To attend and file written submission in the assessment proceedings of units / projects To take need based support of consultants based on prevailing situation.

- Co-ordinate with consultants for effective completion of appeal proceedings before

- Monitor preparation of Monthly tax compliance reports.

- Providing effective support to units on various issues relating to indirect taxes, viz. VAT, Service Tax, Excise Duty etc.

4. Taxation Support

- Providing tax advice to units on their inception. This includes adjudging the tax implication through proper interpretation of various laws.

- Ensuring of completion of tax audits for ancillary companies with auditors.

- Ensuring completion of other tax regulation and other compliance formalities for newly formed companies including investment in subsidiary/Group companies.

- Providing competitive data to accounts towards finalization of balance sheet like determination of depreciation, calculation of Deferred Tax Liabilities/Asset.

- Allocation of common expenses to tax holiday units.

- Compliance of Transfer Pricing regulation.

- Tax compliance of units.

- Provide support in tax compliance to units and associate entities on specific taxation matters.

5. TDS Work and Filling of Electronic Return

- Withholding Tax - to make foreign remittances after referring DTAAs of all companies and units.

- E-filing and Verification of Form No. 15CB on behalf of MD.

- Ensure timely payment of TDS of Company - HO & Mumbai

- Supervising maintenance of related records therewith.

- Attend Show Cause Notices u/s 201(1).

- Monitor filing of TDS original and correction returns and compliances