Tax Supervisor

POSITION SUMMARY:

The Tax Supervisor is responsible for performing activities related to activities related to Indirect Tax & Statutory compliance procedures for Good and Service tax (GST), Withholding Tax and Corporate Income tax across multiple entities of the Group.

ESSENTIAL FUNCTIONS:

• Calculation, filing preparation and remittance - GST, TDS/ Withholding tax
• Ensuring all Monthly/Annual returns in Form GSTR 1, GSTR 3B, GSTR 6 (ISD) and GSTR 9 and 9C are filed within the due dates
• Preparation of outward GL and outward report working file. Reconciliation of such working files i.e. Outward report and Output liability GL accounts
• Preparation of inward GL and inward report working file. Reconciliation of such working files i.e. Inward report and inward GL accounts
• Discussions with relevant teams in case of differences between outward register and the IRN portal data
• Review of errors/ observations for outward and inward transactions
• Co-ordination and discussions with agencies and relevant SSC teams for resolving the errors/ observations
• Review of ITC matching files which includes the following –
  • Review of split-booking transactions
  • Review of invoices for resolving the transactions with document number mismatch and document date mismatch
• Preparation of dashboard workings to ensure that the liability is discharged correctly in the monthly return
• Review of 180 days deferment report shared by EY along with the interest workings
• Timely payments to tax bank accounts and vendor related TDS payments processing
• Support team members and Senior team members with audits – GST, client’s audit.
• Prepare/ Review Vendor and Employee quarterly e-TDS processing and monthly remittances
• Support Local Finance in Tax compliance documentation as required.
• Liaise with tax consultant on ongoing matters such as Show Cause Notice, hearings with department, etc.
• Review Corporate Income Tax calculation.
• Review documentation prepared for filing of withholding tax
• Prepare agencies with supporting documentation as per the local tax & statutory requirements
• Prepare annual financial statements
• Review Withholding tax calculation and filing preparation
• Review 26AS Income tax provision, filing, and remittance
• Income tax assessment and audit
• Calculate roll forward of deferred income taxes and accrued income taxes payable
• Estimate annual effective tax rate calculation
• Ensure timely preparation of Other IPG Tax Reporting Schedules
• Perform transfer pricing audit and assessment reconciliation
• Update and send for TL review Month/Quarter end Tax compliance check list.

Other activities:

• Resolve Agency Local Finance queries within defined timelines by meeting SLAs agreed
• Assist client and external audit process when necessary
• Supervising activities within process
• Assisting Team Leads in productivity and work load management for their respective areas
• Supporting TLs in Leave and Attendance management for their respective areas
• Cross training activities
• Act as Subject matter experts within the team.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS:

Essential

• 5-8 years of work experience in a similar role
• Experience in Advertising and Media industry preferred
• Minimum Education Qualification – B. com/M. com with Chartered Accountant or other equivalent post qualification
• Management of a high transaction volumes business, with good knowledge of associated controls and procedures
• Knowledge of statutory requirements in relation to Tax & Compliance
• Ability to provide high level of customer service for the R2R process
• Strong written and oral communications skills in English
• Strong problem solving, team management and organizational skills
• Experience in managing people and processes through a sustained period of change
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Experience in Tax compliance tools, AI and Automation tools, S4 HANA, MS Dynamics or similar ERP systems

A distinct advantage:

• Experience working in a Shared Services Centre focused on Finance & Accounting activities
• Experience in document imaging software like SharePoint
• Good knowledge of working with Government Portal and integrating with ERP.