Manager - Direct Tax Strategy Jobs in Mumbai - For a client of TeamLease Services Ltd

Filing Tax declarations

• Declaration of LEs in India – 4 corporate tax declarations annually
• Ensure timely Tax Compliance on the procedural aspects laid down by the law such as filing of tax returns, filing of appeals before appellate authorities based on correct tax positions after indepth analysis of the subject matter.

Representation before the tax authorities

• Pro-actively analyse the tax issues raised by authorities during audit and articulate tax submissions after indepth research on the applicable cases laws and factual information through effective co-ordination with various functions.
• Defend Tax Litigation through proper representation before the tax authorities on issues going across five levels right up to the Apex Court. Number of knowledge based representations on various issues raised in assessment – approx. over 80 entities including 2 merged LE)
• Continuous and close monitoring of the refund application filed with the tax authorities. Liaison with the tax authorities on a regular basis in connection with the pending tax issues such as rectification, refunds etc. (current entities 2 and legacy entities 2). Meeting the tax authorities of the highest level in the jurisdiction to ensure the refund applications is being processed. (Minimum 4-5 follow-ups in a month).
• Decide on the appropriate strategy through appropriate planning on the discussions to be made with the tax authorities for assessment/ re-assessment / rectifications / processing of refund applications. Minimizing the issues in litigation through effective representation (based on collation of the data through collaboration with cross-functional teams) at the assessment stage
• Filing of rectifications in respect of WH tax returns and monitoring the WH tax demands
• Reviewing the activities/ projects and MIS reports in case of BPA and suggesting changes to ensure the tax exemption status is maintained
• Co-ordinating with overseas colleagues for obtaining TRC required in connection with application of DTAA rates.

• Advisory

 Provide necessary support to/for :

• Assist in creating Tax awareness through emails and undertaking one-on-one discussions across various functions.
• Regular advice to the business in connection with new Tax Legislations and circulars.
• Assist in advising on the tax implications on the various tax structures / mergers / acquisitions.
• Review of agreements and advising on the tax implications (approximately 120 agreements per year 3 LEs in India.) considering the domestic tax laws and double tax avoidance agreements entered with different countries.
• Advise on the advance tax payments and close interaction with the tax authorities explaining the basis of the advance tax paid by Les in India.
• Planning for various legal entities and ensuring Effective Tax Rate (ETR) within the tolerance level set by global.
• Analysis of the tax implications of the certain incentives given to employees and advising on the tax effective structure for employees on a need basis.

Audit Compliances

• Drive / Challenge Tax Counsels / Consultants and obtain convincing solutions on the tax treatments
• Convince Statutory auditors on tax treatments

WHO YOU ARE:

• Chartered Accountant with Minimum 6 to 8 years Taxation Experience.
• High level of interpretative and communication skills on Direct Tax
• Effective oral and written communication skills
• Good interactive skills and Team player
• Assertive in making effective representation 
• Diplomatic and effective in handling various tax issues 
• Good Leadership skills and Integrity
• Pro-actively approaching various tasks