Role: Senior Manager / AVP Direct & Indirect Taxation

(On behalf of a leading organization in the NBFC sector)

Key Responsibilities

Tax Compliance

Manage end-to-end monthly, quarterly, and annual tax compliances including TDS, GST, and Income Tax
Review tax returns prior to filing to ensure accuracy, completeness, and compliance
Reconcile return data with financial statements and monthly schedules
Document tax positions adopted during return preparation
Handle issuance of Forms 15CA & 15CB
Manage statutory filings such as SFT (Forms 61A & 61B)
Track and implement changes in tax laws, amendments, and notifications
Periodically review and update SOPs to reflect process or regulatory changes

Tax Accounting

Ensure monthly reconciliation of tax accounts
Validate tax balances with independent supporting documentation
Monitor ageing of open tax items and ensure timely closure (no items beyond defined timelines)
Ensure reconciliation between tax base and underlying income/expense schedules
Assess Deferred Tax Assets, tax credits , and provisions for impairment or valuation, where applicable

Tax Audits & Assessments

Coordinate and close Income Tax audits across entities, including preparation of audit schedules
Manage annual GST reconciliation and filing of annual GST returns
Liaise with tax authorities during Income Tax and GST audits
Maintain robust documentation and records for assessments

Tax Litigation

Ensure timely responses to tax notices and regulatory communications
Represent the organization at tax hearings independently or with external consultants
Review assessment orders and determine next steps in consultation with advisors
Manage appeals within statutory timelines across appellate levels (Tribunal / Courts)
Maintain updated trackers for notices, litigation, and case status
Monitor relevant judicial precedents and assess impact on ongoing matters
Review and evaluate tax provisions and reserves periodically

Business Support & Tax Planning

Review commercial and business agreements from a direct and indirect tax perspective
Identify and mitigate potential tax risks and exposures
Advise business teams on tax-efficient and compliant deal structures
Analyze the impact of changes in tax laws or judicial rulings on business operations

Tax Director