Manager - Taxation

Department Icon Taxation
153+ Applicants
Posted: 3 years ago
3-5 years
Pune
Work From Office

Posted: 3 years ago
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Applicants: 153+
Job Description
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Job Description


JOB DESCRIPTION













Vertical:


Job Function /Sub Function: Zonal Finance


JOB OBJECTIVES:

  • Handle issues related to Indirect Taxation and direct tax law

  • Support Central Taxation team in litigations

  • First level strategic planning on all Indirect tax issues

  • Team handling for multiple locations




Position Reports to:

Administrative Reporting:Zonal Finance Manager

Functional Reporting:National Head/Vice President Tax

Supervises:

Key Customers:

Internal :

  • Legal department

  • Sales department

  • Commercial and procurement department

  • Zonal Finance managers at units/plants/region

  • HO Tax Cell




External :

  • Tax consultants

  • Lawyers

  • Law Firm

  • Regulatory Authorities








Job Responsibilities




COMPLIANCE

  • Filing of Monthly, Periodic and Annual Returns under Excise, VAT and Local taxes

  • Payment of taxes as per due dates for all legislations

  • Filing of TDS Returns where applicable and payment of recovered taxes (Income tax)

  • Inter Unit interaction on transfers of stocks with regard to Forms

  • Suppliers Tax status verification, issue of C Forms and receipt of Forms from FOBO parties .

  • Verification of agreements signed with various stakeholders for completeness and documentation

  • Declaration of places of business to authorities, endorsements and updation

  • Invoicing of FG and availment of tax credits on inputs and Input services

  • Response to information queries of Tax Department at HO on IT and Indirect Taxes

  • Development and maintenance of accessible records management system

  • Maintenance of Debtors tax database and review of status

  • Reconciliations of tax credits with financial books

FRONT LINE DEFENSE


  • Handling Audit queries of all authorities like CAG, CRA and Local Vigilance and Ant-Evasion Cells

  • Reply to SCN’s at first stage and forwarding the same

  • Preparation of case notes for principal issues such as valuation, Input Credits etc.

  • Discussion with service Providers on compliance with law

  • Handling of Appeal hearings below Rs 2 MN (Tax demand)

  • Dealing Tax points in IGAAP , US GAAP and Compliance Audits

  • Bank Guarantees issue for tax points and maintenance

  • Tax implication analysis on RFA and its compliance (e.g Write off of Stocks and reversal of credits)_

  • Recommendation to HO Tax on issues to be contested










PLANNING


  • Exemptions and rebates analysis with impact on litigation

  • Local Industrial Policies with benefits and analysis

  • Identification of Districts and Zones in States (where Zone operates) which are declared backward

  • Relationship building with all authorities at Range and Commissionerate level in Excise and VAT
  • Looking to get Placed? Try our Placement Guarantee Plan


  • Periodic meetings with Senior Officials in Department of Revenue (State and Central) along with corporate tax

  • Personal appearance in cases (Excise and VAT etc.) where tax demand is > Rs 2.5 MN along with Corporate Tax

  • Meeting DIC and Director of Industries along with corporate tax representatives

  • Repository of Unit / Zone TLMS data and purity

  • Appointment of Local Consultants on advice from Corporate tax and relationship building.







Job Requirement




Minimum Education:

CA, ICWA with 3-5 years relevant experience OR B.Com/M. Com/BL OR Graduate with over 10 to 15 years’ experience


Minimum Work Experience:

3 to 5 years of experience for CA/ ICWA in Indirect taxation function in a mid-sized manufacturing company having manufacturing and sales activities in different states preferably FMCG. Added experience in Direct taxes will be an advantage


Critical Experiences/Exposure Required:

Geographical scope:

Financial Scope:


Competencies/Skills/Abilities:


Behavioral Competencies

Drive Innovation – Stage 2

Act like an owner – Stage 3

Collaborate with the System, Customers and Key Stakeholders – Stage 2

Develop Self and Others – Stage 3

Inspires Others – Stage 2


Functional Competencies:

1. Accounting and Reporting (c)- Working Knowledge

2. Commercials (c)-Working Knowledge

3. Controls and Compliance (c)-Working Knowledge

4. Taxation (a)-Mastery

5. Treasury and Cash Management-(c)-Working Knowledge



IT Knowledge:Exposure to a front line ERP system with PC skills

Travel:10 to 12 days in a month

Job Band: Intended Level Of The Job (Will Be Evaluated Based JD through the JE process by the C&B team








Skills

FinanceTaxationLegalSalesCommercialVATTDSInvoicingAuditVigilanceGAAPComplianceExciseICWACAAccountingTreasuryERP

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About Company

Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCB) is one of the largest bottling partners of The Coca-Cola Company in India. It is part of The Coca-Cola System in India.

Important dates & deadlines?

Application Deadline

25 Nov 22, 12:00 AM IST

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