Executive - Direct Taxation

JOB PURPOSE

This position delivers direct tax processes including but not limited to TDS, Tax filing, Tax-related report preparation, supporting tax legal disputes, internal and external audits & compliance tracking. Would also be responsible for ensuring and monitoring the tax compliance, providing strategic inputs, review of assessment replies and coordinate with Business teams.

ORGANISATION CHART

Operations:
•    Accountable for various compliances such as monitoring TDS monthly payments, advance tax, review of TDS returns, review of Income Tax returns, Review of SFT returns etc. related to corporate sector. 
•    Assisting the DT Head in monitoring the tax compliances and notices.
•    Monitoring and assisting group teams and business teams in TDS compliances
•    Review of assessment replies related to corporate sector 
•    Preparation of appeal papers, written submissions and arguments to be filed before the appellate authorities related to corporate sector.
•    Review taxation publications, decisions & rulings, new and proposed legislation and tax reform measures and assesses application and implications on the corporate sector. 
•    Providing advise on direct taxation matter to corporate sector. 
Governance
•    Assisting the DT Head in:
•    Ensuring all direct compliances on monthly, quarterly, half yearly and annual basis are on-time and without any delay for corporate sector
•    Adhering to processes, SLAs and RASCI. 
•    Timely escalations
•    Assisting DT COE Head in preparing MISs

KEY ACCOUNTABILITIES

Bachelor’s degree/Master’s degree in Commerce

Chartered Accountant – Inter qualified

KEY ACCOUNTABILITIES - Additional Details

EXTERNAL INTERACTIONS

Auditors & Tax & legal consultants 
•    Interactions and closure of open points with external consultants with respect to Corporate sector
•    Support in legal clarifications required and maintain the response time

Tax Department
•    Appearance before the Tax Authorities from time to time.

INTERNAL INTERACTIONS

Stake holders/ Business User Team
•    1nd level of escalation point for Business users
•    Overall accountable for all tax related queries raised by corporate sector teams
Internal SSC/Business Team
•    Reach out to SSC/Business team members for quick resolution of open issues & escalations
GMR IT
•    Discussions with IT for implementation of updates and changes in Taxation in SAP/ERP tools 
Taxation/Secretarial
•    Provide responses to queries raised by to internal/external stakeholders   

FINANCIAL DIMENSIONS

•    Budget Vs Actual 
•    Penalty cost incurred due to delayed compliances

OTHER DIMENSIONS

0 to 2 years of experience in Direct Taxation

EDUCATION QUALIFICATIONS

•    Bachelor’s degree/Master’s degree in Commerce
•    Chartered Accountant – Inter qualified

RELEVANT EXPERIENCE

•    2 to 3 years of experience in Direct Taxation

COMPETENCIES

• Tax and GST Audit (Practitioner)
• Direct Tax- Compliance and Optimization (Practitioner)
• Execution & Results
• Teamwork & Interpersonal influence
• Problem Solving & Analytical Thinking
• Planning & Decision Making
• Personal Effectiveness
• Stakeholder Focus
• Networking
• Capability Building
• Strategic Orientation
• Social Awareness
• Entrepreneurship