Manager, Taxation

Job Purpose

Handling of Statutory compliances, both direct and indirect taxes for ISB as a whole.

Monthly and annual filing of all GST returns, compiling monthly payment details of GST & TDS, Quarterly Filing of TDS Returns, Annual Filing of Income Tax Return, Income Tax Forms and any other statutory compliances. Review and reconciliation of TDS Payable, TDS Receivable, GST Payable, ITC, etc. Handling Income tax and GST audits and assisting in closure of statutory, internal and IFC audits. Handling notices and preparing draft response to the notices, making submissions and representing to tax authorities.

Job Outline

The job involves:

• Research, analysis and advisory for Direct & Indirect Taxes including international taxation and DTAA.
• Preparing and filing of monthly and annual GST Returns and challan payments.
• Review and reconciliation of monthly GST liability, Input Tax Credit and GST TDS & TCS.
• Coordinating with vendors for timely filing of GST returns by vendors.
• Review and reconciliation and ensuring proper recording of TDS and TCS receivable.
• Review, reconciliation and remittance of monthly TDS liability.
• Accounting of TDS and GST remittances and GST setoff entries.
• Preparing and filing of quarterly TDS returns and sharing TDS certificates.
• Filing of Income Tax Forms such as Form 15CA and Income Tax Return.
• Filing lower TDS certificate, tax residency certificate, SFT, etc.
• Handling Income Tax, GST, Statutory and Internal Audit.
• Preparing and submitting notice responses and representing before tax authorities.
• Assisting in legal vetting and drafting w.r.t. tax clauses.
• Organizing training and preparing tax notes on recent developments in tax.
• Coordination with internal & external departments, consultants and authorities.

Job Specification

Knowledge:

Qualification

Chartered Accountant

Skills:

Technical

SAP Accounting, Advanced Excel, Analytical and Presentation skills

Behavioural

Good Communication Skills, Time Management, Attention to Detail, Proactive Mindset & Collaboration

Experience:

3-5 years of post-qualification experience

Job Interface/Relationships:

Internal

• All the departments at both campuses

External

• Auditors
• Tax Consultants
• Tax authorities
• Vendors/ Faculties
• Customers

KRA - Review, reconciliation & timely Filing of all monthly & annual GST Returns

KPI - Timely payment of GST challans, filing returns, reconciliation and availing maximum ITC

Measure - Accuracy of data, timely filing of returns and reconciliations

Weightage - 30%

KRA - Review & reconciliation TDS Receivable & Payable and efficient compliance of TDS

KPI - Timely payment of TDS challans, filing quarterly returns, reconciliation and issuance of TDS certificates

Measure - Accuracy of data, timely filing of returns and reconciliations

Weightage - 20%

KRA - Income Tax Return, Income Tax Forms, Income Tax Audit, GST and other audits

KPI - Timely and correct filing of return, forms and efficient completion audit reports

Measure - Error free processing of returns, forms and audits

Weightage - 30%

KRA - Timely and efficient compliance with Income Tax and GST Notices

KPI - Preparation and timely submission of responses to the notices

Measure - No foreseeable additional tax liabilities and reduced no. of notices

Weightage - 10%