Tax Manager

POSITION SUMMARY:

The Manager - Tax will manage 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.

Responsibility includes managing day-to-day operations, filing applicable Monthly, quarterly and Annual returns and making payments on time, handling audit, new development, process changes etc. The Team Leader will be assisting the R2R and Tax Director with workload management, supervising team members in transaction processing and conducting data & process analysis as required.

ESSENTIAL FUNCTIONS:

Review, approve and ensure compliance of the following:

• 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
• Calculations related to provision for TAX  deferred income tax and effective tax rate for quarterly tax reporting to network
• Support provided to Agency Local Finance - tax inquires, IPG LLP related compliances and transfer pricing assessment
• Timely completion of JV’s for Tax compliances.

Other Activities:

• Ensure the financial controls are in-place for indirect tax compliances and effective across the Shared Services Centre (SSC)
• Manage internal and external audit process along with SOX compliance testing requirements
• Report monthly performance in accordance with the Service Level Agreement
• Provide enhanced level of customer service to external groups such as global network agencies
• Drive process improvements and efficiency ensuring common processes are applied to all agencies and leading practices are adopted through staff training and system enhancements.
• Ensure processes operate within the Group’s Sarbanes Oxley programme and Standard Policy and Procedure
• Provide valuable feedback to staff through annual performance appraisals and goal settings programme.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS:

Essential:

• 8-10 years of work experience in Indirect Tax Compliances out of which minimum 4 years in Manager/Team Leader 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