Senior Manager - Direct Taxation - CA

: Senior Manager - Direct Taxation

Position: Senior Manager - Direct Taxation

Location: MBC Park, Ghodbunder Road, Thane

Reporting To: AVP

Educational Qualification: Qualified Chartered Accountant (CA) - Mandatory

Role Purpose:

The Senior Manager - Direct Taxation will be responsible for managing all direct tax compliances, assessments, tax audits, transfer pricing, litigation, and regulatory matters while ensuring adherence to applicable Income Tax laws. The role also involves supporting financial reporting, consolidation, foreign subsidiary accounting, and coordinating with internal stakeholders and external consultants to ensure timely statutory compliance.

Key Responsibilities:

Direct Tax Compliance:

• Ensure timely and accurate compliance with all applicable Income Tax provisions.
• Independently prepare and file TDS/TCS returns and ensure timely payment of statutory dues.
• Manage foreign remittance compliances, including preparation and filing of Form 15CA/15CB.
• Coordinate and assist in the preparation and finalization of:

• 1. Tax Audit Report
• 2. Transfer Pricing Report
• 3. Master File and other Transfer Pricing compliances

• Handle various online and offline Income Tax filings through the Income Tax portal.

Tax Assessments & Litigation:

• Coordinate with tax consultants and represent the organization in matters relating to:

• 1. Income Tax Scrutiny Assessments
• 2. Appeals before tax authorities
• 3. Search & Seizure/Block Assessment proceedings
• 4. Transfer Pricing assessments
• 5. TDS/TCS matters
• 6. Foreign remittance-related tax matters

• Attend Income Tax Department proceedings whenever required.
• Monitor and ensure timely closure of assessments, appeals, and litigation while safeguarding the company's interests.

Financial Reporting & Accounting Support:

• Assist in conversion of overseas subsidiary financial statements into INR.
• Support preparation and consolidation of financial statements under IND-AS.
• Coordinate with foreign subsidiary auditors for quarterly and annual audit closures.
• Coordinate accounting of investments and related income.
• Work closely with the logistics team for logistics cost accounting, reconciliation, and MIS reporting.

Audit & Internal Controls:

• Facilitate Tax Audit, Internal Audit, and Statutory Audit by providing necessary schedules, reconciliations, and supporting documents.
• Prepare audit annexures, notes, and contingent liability statements.
• Ensure implementation of audit observations and corrective actions.

MIS & Management Reporting:

• Prepare tax-related MIS and management reports using SAP, Advanced Excel, and PowerPoint.
• Analyze financial and tax-related data to support business decisions.
• Present tax updates, compliance status, and financial insights to senior management.

Cross-functional Coordination:

• Liaise with internal departments including Finance, Accounts, Logistics, Treasury, and Legal for seamless tax compliance.
• Coordinate with external consultants, auditors, and government authorities on taxation matters.

Experience:

• Minimum 5 years of post-qualification experience in Direct Taxation.
• Experience in a large manufacturing organization with annual turnover of 2,5003,000 Crore or above.
• Exposure to Export-Import operations and international taxation.
• Experience in handling Income Tax assessments, tax audits, transfer pricing, and litigation.

Technical Skills:

• Strong working knowledge of Direct Tax laws.
• Working knowledge of SAP (Mandatory).
• Advanced Microsoft Excel skills.
• Ability to prepare professional management presentations using Microsoft PowerPoint.
• Good understanding of IND-AS and financial reporting.

Preferred Candidate Profile:

• Qualified CA with experience in a large manufacturing organization.
• Exposure to domestic and international business operations.
• Hands-on experience in Transfer Pricing, Tax Audit, TDS, Foreign Remittances, and Income Tax litigation.
• Strong analytical, problem-solving, and stakeholder management skills.
• Experience in coordinating with tax consultants, auditors, and statutory authorities.

Preferred Location:

• Thane Mumbai-based local candidates.
• Preference for candidates residing in Thane, Navi Mumbai, Central Mumbai, Mulund, Vikhroli, Ghatkopar, Bhandup, or nearby Central Suburbs.
• Candidates from Western suburbs will generally not be preferred.

Key Competencies:

• Direct Taxation
• Income Tax Assessments & Litigation
• Transfer Pricing
• Tax Audit
• TDS/TCS Compliance
• Foreign Remittances (Form 15CA/15CB)
• SAP
• Advanced Excel
• PowerPoint Presentations
• IND-AS
• MIS & Reporting
• Export & Import Taxation
• Stakeholder Management
• Attention to Detail
• Analytical Thinking