Senior Manager - Direct Taxation

Role Title: Senior Manager - Direct Taxation

Reporting Manager: Deputy General Manager

Location: Pune

Purpose of the Role:

Assisting in managing routine direct tax compliances, assessments, litigation & transfer pricing support

Job Responsibilities:

Tax Compliance: - To support in managing various Direct Tax Compliances of three key entities of Domestic Subsidiaries of Tata Motors so as ensure timely compliance.

• Support in operational issues of Tax Audit, transfer pricing including collating relevant information, reviewing the information received from various teams and raising queries, assisting in preparation of Tax Audit Report schedules, coordinating with auditors and addressing any queries/information requests.
• Support in preparing & filing Income Tax returns of Domestic subsidiaries
• Assist in implementation of automation tools
• Advisory Assist in technical evaluation & providing advisory to internal stakeholders on direct tax compliance (including Corporate Finance, Payroll, P2P, R2R and other teams). Regularly assisting business teams in identifying correct TDS rate on transaction by providing technical advisories
• Refunds & rectifications Review Tax computations & records for past years, identify cases for pending rectification / refunds and pursue for closure to generate cash inflow for Group/address pending outstanding balances in Tax GLs
• Qtrly Tax Closing - Finalisation of Provision for Current Tax, Deferred Tax, Effective Tax rate (ETR) computation for domestic subsidiaries and Advance Tax Calculations and other quarter closing related activities
• Assessments / Appeals Assist in in analysing information requests, collating relevant information including downloading reports from SAP, coordinating with relevant internal stakeholders and drafting submissions/responses(IT assessment, Tax audit ITR )
• Evaluating the withholding tax applicability for all foreign remittances and Providing Tax clearances in respect of above-mentioned remittance of funds. Also preparing monthly TDS liability computation, draft challans, ensuring TDS payment before prescribed time limit and reviewing quarterly TDS returns.
• Driving issuance of Form 15CA / 15CB as applicable. Analysing provisions of Indias DTAA with various countries to identify correct tax rate and evaluate beneficial treaty provisions wherever applicable
• Assisting other functions/business areas with their direct tax queries including evaluating DT implications in business transaction
• Assisting in other tax compliances such as filing SFT forms, compliance reports, Form 61 etc.
• Preparing MIS of various activities being undertaken within direct tax function and submit to management in specified formats

Stakeholder Profiles & Nature of Interactions:

Internal: Tata Motors Group

External: Statuary Auditors

Desired Candidate Profile:

• 1. Good skills set on Direct Taxation Laws (incl. hands on experience of supporting on assessments & litigation)
• 2. Strong interpersonal & Communication Skills
• 3. Good leadership skills

Skills & Competencies:

Working knowledge of SAP