Manager Taxation Jobs in Mumbai - For A Client Of TeamLease Service Limited

Key Responsibilities

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Tax accounting amp; reporting

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nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Liaise with sub regional finance team incovering the different countries every month end to accurately review themonthly tax computations amp; ensure HFM validation as per agreed deadline inrespect of monthly tax reporting of all the EAF operating entities: nbsp; 12 entities

nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Ensure correct monthly accounting of VAT amp; other taxes in local accounts (including tax provisions, WHT, petroleumtax levies, etc) in countries and provide feedback to regional tax manager onthe necessary reconciliations.

nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Review and ensure HFM validation of the VATaccounts breakdown for your entities.

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Tax working capital - Cash flow amp; costmanagement

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nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Work with our current tax adviser toaccelerate finalization of the current tax audits in countries and provideweekly feedback to the regional tax team on progress made.

nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Work with amp; provide guidance toSub-regional finance teams to achieve material reduction of direct/indirect tax(VAT) receivables

nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Provide monthly feedback reportexplaining all material indirect tax movements in the tax balances for all yourentities to regional tax for monthly tax receivables reporting.

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Tax compliance

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- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Ensurethat accurate and timely annual filing of CIT returns (including the periodicprovisional tax filings) for all the entities in the EAF countries (includingthe dormant entities if relevant) is done with the help of the sub-regionalfinance team and ensure that the true up analysis post tax flings is done andreconciled in the next month’s tax reporting for each entity.

- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Ensurethat accurate and timely monthly filing of VAT returns and other tax returns(WHT, petroleum tax, local taxes) for the EAF entities (including the dormantentities if relevant).

- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Providemonthly tax compliance reconciliation for the EAF entities to regional tax forthe purpose of tax compliance reporting.

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Tax audits amp; legal tax proceedings

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- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;With theSub-Regional Tax Manager, Coordinate and follow up until the close of thecurrent amp; planned tax audits and investigations of the entities in EAF withthe tax authorities and provide monthly feedback to regional tax on theprogress.

- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;With theSub-Regional Tax Manager, Take accountability for any follow up with the taxauthorities in order to clear any query prior or during the tax audit process –this includes monthly review of the statement of account for the entities withthe authorities and reconciling their tax receivables/payable status with theentities’ books. [HD1] nbsp;

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TaxRisk management

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- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Accuratelyfollow up with the finance team of the EAF countries on quarterly basis toensure the review amp; completion of their tax meeting checklist form and taxregister form for each entity of your sub-region.

- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Initiatemonthly tax review meetings with the finance team of each EAF country in orderto review their entities’ tax profile, discuss current tax issues andcommunicate strategy to regional tax team on how to solve the issues withminimal or no tax liability.

- nbsp; nbsp; nbsp; nbsp; nbsp; nbsp; nbsp;Quarterlymonitoring of the implementation of the tax benefits in respect of therecharges of the regional management fees to the WAF entities. nbsp;