Junior Executive-F&A

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.

Responsibilities

Key Performance Indicators (KPIs)

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.

• SLAs adherence
• Process Flows accuracy
• Accurate and timely compliance
• Timely Coordination with Business and corporate teams

• 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

• Cadence of Governance meetings held during the review period
• Aged and Open observation
• Accuracy and timeliness of Query response
• Preparing and updating MIS on regular basis.

• 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.

• 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

Budget Vs Actual

Penalty cost incurred due to delayed compliances

(Indication of some of the significant volumes associated with the job like number in team/ staff handled etc).

Bachelor’s degree/Master’s degree in Commerce

Chartered Accountant – Inter qualified

0 to 2 years of experience in Direct Taxation